SBI raises cash withdrawal limits at non-home branches


Mumbai, May 30 (IANS): The State Bank of India (SBI) has increased the cash withdrawal limits through cheques and withdrawal forms for its customers at non-home branches.

"To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits through cheque and withdrawal form," the public sector lender said in a tweet.

The revised ceiling for cash withdrawal for self through withdrawal form accompanies by savings bank passbook has been raised to Rs 25,000 per day.

Further, the ceiling for cash withdrawal by a customer for himself through cheque has been raised to Rs 1 lakh.

In terms of third-party cash withdrawals, the bank has increased the daily upper limit to Rs 50,000. Withdrawals for third parties would be allowed only through cheques and no cash payment would be allowed through withdrawal forms.

For cash withdrawal by a third-party using cheque, KYC of the third party concerned will be required, the bank said.

The tweet also mentioned that the revised ceilings would be applicable till September 30.

 

  

Top Stories


Leave a Comment

Title: SBI raises cash withdrawal limits at non-home branches



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.