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All ATM withdrawals not chargeable, SBI clarifies after furore in Kerala

the charge of Rs 25 is applicable only for withdrawals from SBI Buddy through ATMs.

IANS  |  Mumbai/Thiruvananthapuram 

Amid a public outcry in Kerala over a State Bank of India (SBI) announcement levying charges on ATM cash withdrawals from June 1, the largest public lender on Thursday clarified that the charge of Rs 25 is applicable only for withdrawals from SBI Buddy through ATMs. "Rs 25 per transaction charge is applicable only for mobile wallet app SBI Buddy using ATM. This is applicable only for State Bank Buddy customers," the bank said here in a statement. The clarification comes after the SBI in a notification indicated that all ATM withdrawals will be charged a fee of Rs 25, ...

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First Published: Fri, May 12 2017. 10:10 IST
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