Archive · 10 Sep 2026
SBI Cuts Free Other-Bank ATM Withdrawals for Salary Accounts
SBI is changing one ATM rule for people with salary accounts.
From October 1, 2026, they will get five free monthly transactions when using other banks’ ATMs.
Earlier, they could make 10 such free transactions.
The five transactions include withdrawals and non-financial activities.
After five transactions, a cash withdrawal will cost Rs 23 plus GST.
A non-financial transaction will cost Rs 11 plus GST.
People using SBI ATMs will still get 10 free transactions each month.
Cardless withdrawals remain free without a stated limit, and SBI will also allow four free monthly cash withdrawals for Basic Savings Deposit Accounts.
From October 1, 2026, SBI salary account holders will get five free monthly transactions at other banks’ ATMs and ADWMs, down from 10.
The revised five-transaction limit covers both financial and non-financial transactions across all centres.
After the free limit, cash withdrawals will cost Rs 23 plus GST and non-financial transactions Rs 11 plus GST.
SBI account holders other than salary package customers will continue receiving five free monthly transactions at all centres.
SBI ATM users will retain 10 free monthly transactions, while cardless cash withdrawals remain unlimited and free until further notice.
- Who
- State Bank of India and its customers, especially salary account holders and Basic Savings Deposit Account customers.
- What
- SBI is revising free ATM transaction limits and certain cash withdrawal charges.
- When
- The changes take effect on October 1, 2026.
- Where
- At SBI and other banks’ ATMs, Automated Deposit cum Withdrawal Machines, and other listed withdrawal channels.
- Why
- SBI is reducing the free transaction allowance for salary account holders using other banks’ machines and introducing a four-withdrawal free limit for Basic Savings Deposit Accounts.
- Effective date
- October 1, 2026
- Salary accounts at other banks’ ATMs
- Five free monthly transactions, reduced from 10
- Salary account cash withdrawal charge
- Rs 23 plus GST after the free limit
- Salary account non-financial transaction charge
- Rs 11 plus GST after the free limit
- Other account types at all centres
- Five free monthly transactions; existing charges and limits remain unchanged
- SBI ATM transactions
- 10 free monthly transactions, including financial and non-financial transactions
- Basic Savings Deposit Accounts
- Four free monthly cash withdrawals; additional withdrawals cost Rs 15 plus GST each