India's largest lender State Bank of India will charge its customers for cash withdrawal after four free transactions in a month and also for a cheque book beyond 10 leaves in a year.
With effect from July 1, customers will have to pay ₹15 plus GST per cash withdrawal for transactions at branches, SBI or other bank's ATMs beyond 4 free cash withdrawals.
A charge of ₹40 plus GST will be levied on a 10 leaf cheque book, while it is ₹75 plus GST on 25 leaf cheque book.