In the midst of the Corona crisis, the State Bank of India (SBI) has said that it will waive service charges on transactions made from SBI ATMs. SBI customers can also avail this facility at other bank's ATMs till June 30. The bank has made an official announcement regarding this on its website on 15 April 2020.
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According to a post on the website regarding this move, in view of the announcement made by the Finance Minister on March 24, State Bank of India has decided to waive ATM charges for all ATM transactions made at SBI's ATMs and other banks. If you have done more than the number of free transactions, you will still get this facility till June 30.
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On 24 March, Finance Minister Nirmala Sitharaman had announced that no fee will be charged by the bank's customer for cash withdrawal from any other bank's ATM for three months i.e. till June 30. Debit cardholders can withdraw cash from any other banks for free. The Finance Minister had taken this decision in view of the outbreak of the Corona epidemic.
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