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What is maintenance charge of SBI?

Posted on September 28, 2020 by Author

Table of Contents

  • 1 What is maintenance charge of SBI?
  • 2 What is annual ATM fee in SBI?
  • 3 What is minimum balance in SBI SB account?
  • 4 Why did SBI deducted 147 from my account thrice this year?
  • 5 Why is the amount 147 debited from my bank account?
  • 6 What is the amount debited from my SBI debit card?

What is maintenance charge of SBI?

5.40\%

Sl.No Particulars Rs
1. Debit Card Issuance Charges
2. Debit Card Annual Maintenance Charges (Recovered at the beginning of the second year onwards) ₹125/- plus GST
₹125/- plus GST
₹175/- plus GST

What is annual ATM fee in SBI?

Issuance and Annual Maintenance Charges

Particulars Charges*
Issuance Charges Nil
Annual Maintenance Charges Rs 125/- plus GST
Card Replacement Charges Rs 300/- plus GST

What is minimum balance in SBI SB account?

Currently, SBI savings bank account customers need to maintain an average monthly balance of Rs 3,000 in metro, Rs 2,000 in Semi urban and Rs 1,000 in rural areas.

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How do I stop a charge on my debit card?

6 ways to avoid high ATM charges

  1. Use cards. Use your debit and credit cards so that you don’t need too much cash.
  2. Plan your cash flow. Don’t wait till you are broke to withdraw money from the ATM.
  3. Prefer your own bank.
  4. Keep emergency cash.
  5. Use dormant account.
  6. SMS, phone banking for non-financial transactions.

How much do banks refund stolen money?

Timeline for Being Able to Get Your Money Back Up to $50 if you notify your bank within 48 hours of your lost or stolen card, Up to $500 if you notify the bank with 48 hours and 60 days of your lost or stolen card, and. All of the fraudulent charges if you don’t notify the bank until after 60 days.

Why did SBI deducted 147 from my account thrice this year?

The amount of 147 is debited because of annual intrest which we need to pay to bank once ina year/per anum as a maintenence charge for ATM. It is for ATM annual charges including GST. SBI deducted 147.5 from my account thrice. Why?

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Why is the amount 147 debited from my bank account?

If you are having a regular savings account then it is RS.125 and adding 18\% GST to the principal charges i.e Rs. 22 (Approx), makes it RS. 147. The amount of 147 is debited because of annual intrest which we need to pay to bank once ina year/per anum as a maintenence charge for ATM. It is for ATM annual charges including GST.

What is the amount debited from my SBI debit card?

As regards to the first part, in all probability, the amount debited from your account is the Annual maintenance fee of your SBI debit card. The fee amounts to Rs 147.5 Per Annum (125+18\% GST). The second part is just a promotion of the recently launched all-in-one user interface app of SBI called as YONO, an acronym for You Only Need One.

Do I need to keep my average balance of 147 rupees?

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Yes, u need to keep your monthly average balance as specified in the other answers based on which type of branch ur home branch belongs to. But the 147 rupees u r saying about, is for the maintainance of your debit card. This is an annual charge.

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