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Withdraw money from ATM again and again? SBI’s new rule can spoil your monthly budget!

Samira Vishwas | December 3, 2025 1:24 PM CST

If you are an SBI customer and often withdraw cash from ATM, then this news is important for you. The bank has updated the rules for ATM use from February and May this year. This means that now you will have to think every time before withdrawing money, otherwise your pocket may become loose. Let us understand what changed, why it changed and how it will affect you.

What is the limit for new free transactions?

SBI has implemented a uniform rule for all customers. Now every month:

SBI’s own ATM 5 free transactions.
ATMs of other banks 10 free transactions.

i.e. overall 15 free transactions Every month. Earlier this limit used to depend on the type of account, but now it is the same for all.

special feature: If your account has an average of Balance more than Rs 1 lakh If you live there, then you will have to pay at the ATM of both SBI and other banks. Unlimited Free Transactions see you. This is beneficial for those who maintain a large balance.

How much will be charged after exceeding the limit?

The charges for exceeding the free limit are as follows:

SBI ATM: ₹15 + GST (total approx ₹17.70).
another bank’s ATM: ₹21 + GST (total approx ₹24.78).

RBI from 1 May 2025 interchange fees Increased from ₹17 to ₹23. Therefore, now additional transactions at ATMs of other banks have become more expensive.

What are the rules on balance check and mini statement?

The good news is that:

SBI ATM Balance check and mini statement completely free,
But ATM of other bank But on availing these services ₹10 + GST (Approximately ₹ 11.80) will be charged.

Penalty for transaction failure?

If there is less money in your account and the transaction fails, SBI ₹20 + GST (Approximately ₹ 23.60) This rule was already there, but now there is a need to be more cautious.

Why were these changes made?

SBI says that these steps promote digital banking Has been raised for. Banking expert Dr Rakesh Sharma (fictitious name) says, “If people pay through UPI, net banking and debit cards instead of cash, transaction costs will reduce and the environment will also benefit.”

According to RBI data, in India More than 90% payments are now digital Are happening. But 40% people in rural areas still depend on cash. Therefore, these changes will have more impact in cities.

How will it affect you?

for middle class: If you go to ATM 4-5 times every week, then 16-20 transactions are done in a month. Meaning Rs 100-200 extra expense,
small businessmen: Shopkeepers need cash every day, so they should either increase their balance or adopt digital payment.
elderly and rural customers: They may face the most problems, because digital banking has not been fully adopted yet.

What to do to save?

Adopt UPI – Pay through BHIM, PhonePe, Google Pay.
Withdraw large amounts at once – Go only twice a week.
Give priority to SBI ATM – Charges will be less.
check balance online – Avoid going to ATM using the app.

What next?

Banking experts believe that in the coming years Cash transaction more expensive It is possible Government’s target by 2027 95% digital payment Is. So make it a habit from now on.