SBI Debit Card Charges: Withdrawal Charges Per Year, Decline Charges

The State Bank of India (SBI) offers a wide range of debit cards for everyday banking, but these come with certain SBI ATM card charges. The SBI ATM charges include issuance fees, annual maintenance charges, withdrawal charges, declined transaction penalties, and international usage fees. Knowing these charges helps cardholders avoid unnecessary costs.

Key Highlights:

• SBI issues Classic and Silver/Global/Contactless Debit Cards free of cost, while Gold and Platinum cards carry issuance charges of Rs. 100 + GST and Rs. 300 + GST respectively.
• The annual maintenance charges for SBI debit cards range from Rs. 200 + GST for Classic cards to Rs. 425 + GST for Premium Business cards.
• Customers get 3 to 5 free ATM transactions per month depending on their average monthly balance and location, while those maintaining over Rs. 1 lakh enjoy unlimited free transactions.
• If the free limit is exceeded, each withdrawal is charged at Rs. 10 + GST at SBI ATMs and Rs. 20 + GST at other bank ATMs.
• Declined transactions due to insufficient balance attract a charge of Rs. 20 + applicable GST.

What are SBI ATM Charges?

SBI ATM charges are the fees levied by the State Bank of India on debit cardholders for different services such as cash withdrawals, non-financial transactions, card issuance, annual maintenance, and declined transactions. These charges vary depending on the type of debit card, the number of free transactions allowed, and whether the ATM belongs to SBI or another bank. 

While SBI provides a certain number of free transactions each month, customers exceeding this limit must pay a nominal fee along with GST.

SBI ATM Card Issuance Charges 2025

The SBI ATM card charges for card issuance are as follows: 

SBI Debit Card ATM Annual Charges 

The Annual Maintenance Charges (AMC) for SBI ATM cards will be recovered by the bank at the beginning of the second year. Listed below are the applicable annual maintenance charges for the SBI Debit Card: 

SBI ATM Card Charges 

You might be wondering what are SBI ATM charges for transactions exceeding the free limit. The bank levies a fee which ranges from Rs.8 to Rs.20. The exact amount would depend on the ATM type and the type of transaction. 

The charges for financial transactions beyond the set limit is Rs.20 at the ATMs of other banks and Rs.10 at SBI ATMs. In addition, the GST rate would also be applicable.

What happens if the transactions are non-financial by nature and cross the prescribed limit? In these cases, customers need to bear SBI ATM charges of Rs.8 at the ATMs of other banks and is NIL for SBI ATM. In addition, the GST rate would also be applicable. 

SBI ATM Withdrawal Limit

The ATM withdrawal limit per month depends on the Average Monthly Balance (AMB) and the type of ATM. The below-given table provides the SBI ATM withdrawal limit per month:

The 6 metro cities: Delhi, Mumbai, Kolkata, Chennai, Bengaluru, and Hyderabad

SBI Debit Card ATM Withdrawal Charges 

If you exceed the free withdrawal limit at SBI ATMs, a SBI ATM charge of Rs. 10 per transaction is applicable. For financial transactions carried out at ATMs of other banks beyond the permitted limit, the charge increases to Rs. 20 per transaction. Additionally, Goods and Services Tax (GST) is levied on all such charges as per prevailing rates.

SBI ATM Charges After 3 Transactions 

SBI ATM cardholders receive the benefit of 3 free transactions, including financial and non-financial transactions at the bank's ATM situated in six metro cities per month, Delhi, Mumbai, Kolkata, Chennai, Bengaluru, or Hyderabad, if their AMB is up to Rs.1,00,000. 

SBI ATM cardholders receive the benefit of 5 free transactions, including financial and non-financial transactions at the bank’s ATMs per month, if their AMB is up to Rs.25,000. Unlimited transactions can take place above this limit. However, ATM cardholders will get the benefit of 5 free transactions at other bank ATMs, if their AMB is up to Rs.1,00,000. 

SBI ATM Charges Per Transaction 

ATM cardholders have to pay SBI ATM charges of Rs.10 + GST if they wish to withdraw cash above the prescribed limit from the bank's ATMs. However, they'll have to pay Rs.20 + GST per transaction if they wish to withdraw money from the ATMs of other banks. 

SBI Declined Transaction Charges 

There might be situations when transactions are declined because of insufficient balance. If you face a situation like this, you will have to pay SBI ATM charges of Rs.20 + applicable GST. 

SBI Unlimited Free Transactions 

Customers of SBI who maintain a monthly balance of over Rs.1 lakh receive the benefit of unlimited free transactions, applicable for both financial and non-financial transactions at SBI as well as other banks’ ATMs. 

When it comes to international ATM cash withdrawals, you would have to pay Rs.100 along with 3.5% of the transaction amount and applicable GST. For international transactions made through Point of Sale, 3% of the transaction amount, along with GST, will be applicable. Ensure to take into account the SMS charges levied by SBI. The bank has levied a quarterly fee of Rs.12 for SMS for debit card holders. However, it's only applicable to people who maintain an average quarterly balance of Rs.25,000. 

Final Word

If you’re planning to apply for a debit cum ATM card at the State Bank of India, you should be aware of the SBI ATM card charges. The most important feature you need to note is that the bank allows its customers to make 5 free transactions at ATMs if their average monthly balance is Rs.50,000. It includes financial and non-financial transactions as well. SBI ATM charges will be applicable if the cash withdrawal crosses the aforementioned limit. 

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