State Bank of India (SBI) now Charging Rs 20 on ATM Withdrawals ?

Hey guys I had a quick question and doubt regarding SBI ATM cards

I have a Silver Visa Debit card. Till now I wasnt charged anything or had any problems on ATM Withdrawals except the fact that minimum amount I can take out is Rs. 500 where as in my Central Bank Of India card I can take out as low as 100 Rs


But since 2 days I have been charged Rs. 20 per ATM withdrawal ?









As you can see since just 2-3 days when I withdrew Rs. 500 from ATM I was charged Rs. 20 extra as fees while I got only Rs. 500 out of it ? Same way I got charges Rs. 20 when I withdrew Rs. 10,000 out aswell.

Is it normal ? Is there any new Rule or TOS as I didnt heard of it.

 

yes it is normal mate

 

When you withdraw from non SBI ATM(s) beyond 5 transactions in a month in SB account, then you're charged Rs. 20 per withdrawal.

 

Oh I see, I didnt knew this
Thanks for the info mate, its only for SBI or its a RBI rule ?

 

its rbi rule

 

RBI rule. See this official notification.