State Bank of India updated charges for cash withdrawal are insane

[dextermorgan]

even irctc will start ST for online payments from june 1st. cashless my ass!

 

[d5aqoëp]

i suppose i would revert back to using cheques to transferring money away from sbi. idiots do not get it. upi saves them manpower.

Shhh.. If those SBIdiots realise, they will start charging Service Tax on cheque transactions too.

 

[Sushubh]

by forfeiting huge loans of big industrialists.

from the looks of it, blame lies with sbi.

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charging for cheque transactions? 😀 all business customers would dump them. actually i hope they get what they want. reduction in client base. it is clear that they have so many jan dhan accounts that they do not want regular accounts.

 

[dextermorgan]

doesn't cheque book cost money? I don't know for sure tbh

 

[Sushubh]

most banks give a specific number of cheque books free per quarter or year. current account holders have to pay for each booklet. hard to say about sbi these days. dad was issued a cheque book of i believe 100 leaves. which is enough for like 2 years.

 

[Sushubh]

Withdraw plan to charge on transactions on SBI mobile wallet, demands Employees Federation

 

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[Sushubh]

SBI user? Pay more for online, ATM withdrawals after 4 transactions a month

 

[Sushubh]

SBI Savings Account: Pay more for ATM withdrawal, cheque books, Buddy app

 

[Sushubh]

SBI waives charge on IMPS fund transfer of up to Rs1,000

 

[Sushubh]

State Bank Of India: SBI reduces NEFT, RTGS charges by up to 75% - The Economic Times

After lowering the Immediate Payment Service ( IMPS) charges, the State Bank of India (SBI) on Thursday reduced charges for National Electronic Funds Transfer ( NEFT) and Real Time Gross Settlement ( RTGS) transactions upto 75 per cent effective July 15.

The reduced charges will be applicable on the transactions done through internet banking and mobile banking services offered by the bank, the bank said in an official statement here on Thursday.

 

[raj2007]

Syndicate bank & Bank of Baroda charges zero for NEFT. Maybe they are not that famous like SBI

 

[Sushubh]

Yes Bank has idiotic policies. It is charged when done from the website. But is free on the app. So I have to use their stupid app to make my credit card payments every month.

 

[Sushubh]

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