Check SBI ATM withdrawal limits for all debit card types. Learn about daily caps, OTP rules, and transaction charges in this quick guide.
Your SBI ATM withdrawal limit depends on the type of debit card you hold. Daily cash withdrawal is around Rs 40,000 for a Classic or Maestro card, Rs 50,000 for Global or Gold, and up to Rs 1,00,000 for Platinum cards. There is also a limit on the number of free ATM transactions you get each month.
State Bank of India (SBI), India’s largest bank, offers a range of services and products, including debit cards for its savings and current account holders. The bank provides seven distinct types of debit cards, each with varying ATM withdrawal limits. These limits can range from Rs. 20,000 to Rs. 1 Lakh, depending on the specific card. Debit cards are crucial for convenient cash withdrawals, eliminating the need to visit a branch and providing access to funds during emergencies. This article offers a comprehensive overview of SBI ATM withdrawal limits.
Daily SBI ATM Withdrawal Limits
SBI debit cards enable withdrawals ranging from Rs. 40,000 to Rs. 1 Lakh at ATMs. The bank permits up to five free ATM transactions per month. Exceeding this limit incurs additional charges for account holders.
Below is a table detailing the daily withdrawal limits for various SBI debit cards:
| Type of the Card | Withdrawal Limit (Per Day) |
|---|---|
| SBI Classic and Maestro Debit Cards | Rs. 40,000 |
| SBI Global International Debit Card | Rs. 40,000 |
| SBI Gold International Debit Card | Rs. 50,000 |
| SBI Platinum International Debit Card | Rs. 1,00,000 |
| sbiINTOUCH Tap & Go Debit Card | Rs. 40,000 |
| SBI Mumbai Metro Combo Card | Rs. 40,000 |
| SBI My Card International Debit Card | Rs. 40,000 |
Monthly SBI ATM Withdrawal Limits
SBI has not specified a particular monthly withdrawal limit for ATM transactions. However, customers should observe the daily limits to ensure smooth withdrawals. It is important to remember that transactions beyond the allowed free limit will incur additional charges, typically Rs. 20 plus GST. If a transaction is completed at another bank’s ATM beyond the free limit, the same charge of Rs. 20 plus GST applies.
Daily Withdrawal Limits for RuPay Cards
For SBI RuPay cards, the minimum daily withdrawal limit is Rs. 100, and the maximum is Rs. 40,000 through ATMs. Customers should be mindful of these limits when performing transactions.
Daily Withdrawal Limits for Visa Cards
SBI allows a maximum daily withdrawal of Rs. 40,000 using Visa debit cards. For international Visa debit cards, this limit can extend up to Rs. 1,00,000. Customers have the option to modify their debit card transaction limits by applying through the SBI Yono mobile application.
SBI ATM Withdrawals Without OTP
For ATM cash withdrawals up to Rs. 10,000, SBI permits transactions without requiring a One-Time Password (OTP). This measure was introduced to enhance the security of ATM transactions. However, if the withdrawal amount exceeds Rs. 10,000, an OTP will be sent to the customer’s registered mobile number, which must be entered to complete the transaction.
SBI ATM Withdrawals Requiring OTP
SBI has implemented an additional security layer for ATM transactions to prevent fraud. When attempting to withdraw more than Rs. 10,000, an OTP is sent to the registered mobile number. Entering this OTP verifies the user’s identity, allowing the withdrawal to proceed, up to the maximum limit of the debit card.
Global Card ATM Withdrawal Limits
SBI Global debit cards offer various benefits, including cashless shopping and tap-to-pay options. These cards can be used for international ATM withdrawals. Domestically, the minimum withdrawal limit is Rs. 100, and the maximum is Rs. 40,000. For international transactions, the limits vary by country but will not exceed Rs. 40,000.
Single Transaction ATM Withdrawal Limits
The specific limit for a single ATM withdrawal depends on the type of debit card held. Customers cannot withdraw more than the card’s maximum allowable amount. One-time withdrawal limits at ATMs typically range from Rs. 40,000 to Rs. 1,00,000. Daily transaction limits can be adjusted via the SBI Yono mobile application.The withdrawal limits remain consistent even at non-SBI Bank ATMs. However, after the five free transactions benchmark, additional charges (Rs. 20 + GST) will be applied for each subsequent withdrawal from a non-SBI ATM.
Steps to Withdraw Cash from SBI ATM
To withdraw cash from an SBI ATM, follow these instructions:
- Insert your debit card into the ATM.
- Select your preferred language.
- Choose the ‘Cash Withdrawal’ option.
- Specify your account type (e.g., Savings, Current).
- Enter the desired withdrawal amount.
- Input your ATM PIN.
- Collect your cash and retrieve your card from the machine.
Note that for ATM transactions exceeding Rs. 10,000, an OTP sent to your registered mobile number must be entered. It is advisable to be aware of your daily withdrawal limits to ensure smooth transactions.SBI Bank, as India’s largest public sector bank, operates over 50,000 ATMs nationwide. Understanding the ATM withdrawal limits for various SBI cards is essential for efficient financial management and avoiding unnecessary charges.
Frequently Asked Questions (FAQ)
What is the SBI ATM daily withdrawal limit?
The daily ATM cash withdrawal limit for an SBI debit card depends on the card type, ranging from about Rs 40,000 for basic cards to Rs 1,00,000 for premium cards.
How much can I withdraw with an SBI Classic debit card?
An SBI Classic or Maestro debit card typically allows cash withdrawals of around Rs 40,000 per day at ATMs.
What is the SBI Platinum card ATM withdrawal limit?
An SBI Platinum debit card usually allows a higher daily ATM withdrawal limit of up to about Rs 1,00,000.
How many free ATM transactions does SBI allow?
SBI allows a limited number of free ATM transactions each month, after which a per-transaction charge may apply, with the exact count depending on your account and location.
