Exceeded free ATM limits? SBI now charges you more
What's the story
The State Bank of India (SBI) has hiked its ATM transaction charges, effective from December 1, 2025. The revision comes after an increase in interchange fees and is the first since February 1, 2025. The bank said that the changes would primarily affect savings and salary account holders using other banks' ATMs beyond their free transaction limits.
New rates
SBI's revised charges for ATM transactions
Under the new SBI guidelines, savings account holders will continue to get five free financial and non-financial transactions at other bank ATMs. However, after exceeding this limit, they will now be charged ₹23 plus GST per cash withdrawal instead of the previous ₹21 plus GST. Similarly, charges for non-financial transactions after free monthly transactions have also been increased from ₹10 to ₹11 plus GST.
Updated fees
SBI's salary package savings account charges
For SBI's salary package savings bank accounts, the bank has now capped monthly free ATM transactions at 10 at all centers. Earlier, it was unlimited. After exhausting these 10 free transactions, customers will be charged ₹23 plus GST for each cash withdrawal and ₹11 plus GST for non-financial transactions. This is a major change from the previous policy, which allowed unlimited free transactions without any charges.
No change
SBI's Basic Saving Bank Deposit account charges
SBI has clarified that there are no changes in the existing service charges for its Basic Saving Bank Deposit (BSBD) account. The bank also maintained that there are no changes in existing ATM transaction service charges for SBI Debit Card holders using SBI ATMs. Cardless cash withdrawal transactions at these ATMs will continue to be unlimited and free until further notice.