New Delhi: The State Bank of India (SBI) will charge the customers after 4 ATM transactions while charges would also be levied for exchange of old and sullied notes above Rs 5,000.


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The revision in service charges, additions and modifications will come into effect from June 1, 2017.



A new circular placed by SBI states that four withdrawals in a month including ATM withdrawals will be free of charges.


However, beyond 4 withdrawals you will have to pay the following charges


At Branch: Rs 50 + Service Tax per transaction


At other bank   ATMS: Rs 20 +  Service Tax per transaction


SBI ATMs: Rs 10 + Service Tax per transaction


Here are the service charges for exchange of soiled/imperfect notes


Value of Notes New Charges
Upto 20 pieces and value upto Rs.5,000/ Nil
More than 20 pieces and or value more than Rs 5,000 Rs 2 per piece on entire tender + ST (Service Tax)
Value above Rs 5,000 Rs 2 per piece or Rs 5 per 1000 + ST whichever is higher on entire tender @

@ For example 25 pieces of Rs500 = value Rs 12,500 are tendered.
 
Charges Rs 2 per piece: Rs 50 + ST, Charges Rs 5 per Rs 1000: Rs 62.50 + ST


Amount to be charged will be Rs.62.50 + ST


IMPS Fund Transfer Charges through INB/MB/UPI/USSD


Fund value Charges
Upto Rs 1 Lakh Rs 5 +ST
Above Rs 1 Lakh upto Rs 2 Lakh Rs 15 +ST
Above Rs 2 Lakh upto Rs 5 Lakh Rs 25 +ST

Issue of Cheque book


10 Leaf Cheque Book at Rs 30 + ST
 
25 Leaf Cheque Book at Rs 75 + ST


50 Leaf Cheque Book at Rs 150 + ST