SBI cuts down daily ATM withdrawal limit to half; Check how much money you can take out
Coming October 31, customers of SBI will not be able to withdraw the same amount of money they have been through ATMs.
The move might come as a disappointment for customers ahead of festive season as people tend to buy big ticket iteams such as vehicles, TVs, ACs etc during this time. However, answering to the same, Gupta said that the option is always open to visit a brand to withdraw more cash besides there are many digital means through which people can make their transactions these days.
On the other hand, private sector banks have much extended daily cash withdrawal limits. ICICI Bank customers can withdraw up to Rs 50,000 per day from any of its ATMs. HDFC Bank allows its customers to withdraw up to Rs 1 lakh per day from ATMs with the Platinum chip debit card.
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