Accounting And Audit 6 September 2026
SBI Updates ATM Withdrawal Charges Starting Oct 2026
State Bank of India will overhaul its cash withdrawal fee structure for savings accounts from October 2026, adding higher ATM charges and tighter limits on free withdrawals. The move aligns with updated tax‑audit rules and will impact all SBI customers.
New SBI ATM fee policy
- Effective October 2026, SBI introduces higher charges for ATM withdrawals on savings accounts.
- Free withdrawal limits are reduced, meaning more transactions will incur fees.
- The revision supports recent tax audit regulations and applies to every SBI savings holder.
For full details, see the [SBI Savings Account Update] (https://www.caclubindia.com/articles/sbi-savings-account-new-rule-major-update-in-atm-withdrawals-from-october-2026-56180.asp).
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.