The second wave of Corona in India has proved to be more dangerous and more than 4 lakh cases started arriving in a single day. Although there has been a decline in daily COVID cases, yet, carelessness cannot be done at this time. Lockdown / Restrictions are still going on in many parts of the country and it seems likely to continue even further. In such a situation, the country’s largest bank State Bank of India (SBI) has changed the limit of cash withdrawal from non-home branch for individual customers and now up to a maximum of 1 lakh rupees in a day by going to non-home branch. Withdrawal of SBI has given information about this by tweeting.
To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits through cheque and withdrawal form.
#SBIAapkeSaath #StayStrongIndia #CashWithdrawal #Covid19 #BankSafe #StaySafe pic.twitter.com/t4AXY4Rzqh
— State Bank of India (@TheOfficialSBI) May 29, 2021
These changes in cash withdrawal limit from non-home branch
- Through the Savings Bank Passbook, you can withdraw cash up to a maximum of 25 thousand rupees every day from the withdrawal form.
- You can withdraw cash up to a maximum of 1 lakh rupees for yourself every day through a check.
- For a third party, you can withdraw cash of 50 thousand rupees in a day only through check.
SBI: Change mobile number registered from bank account sitting at home, see stepwise complete process here
Things to keep in mind
- The amendment made by SBI to the maximum cash withdrawal from non-home branch for Individuals will remain in force till 30 September 2021.
- Third parties will not be given withdrawal forms for cash payments, that is, they will be given cash only through checks.
- Third party KYC will be required to be submitted.
Most SBI followers on social sites
SBI is the largest commercial bank in the country in terms of assets, deposits, branches, customers and employees. Apart from this, it is the largest mortgage lender in the country. SBI has more than 22 thousand branches across the country. Apart from this, it has close to 58 thousand ATM / CDM network across the country and BC outlets have more than 71 thousand. Talking about social media platforms, SBI has the highest number of followers in banks across the world on Facebook and Twitter.