Below the revised schedule, 4 money withdrawals in a month will stay free. For withdrawals past the primary 4 in a month, SBI will levy a cost of ₹15 per transaction, plus relevant GST.
The revised costs apply to Primary Financial savings Deposit Account (Department Channel), Product Code 1011-1701. The brand new costs will come into impact from October 1, 2026.
What’s an SBI Primary Financial savings Financial institution Deposit Account?
A Primary Financial savings Financial institution Deposit Account is a primary banking account designed to offer important financial savings account amenities with out the requirement of sustaining a minimal stability. Such accounts are supposed to offer entry to primary banking providers, together with deposits and withdrawals.
The account is totally different from an everyday financial savings account when it comes to the providers and transaction limits relevant to it. Clients ought to verify SBI’s newest phrases and service-charge schedule for the precise amenities and limits relevant to their account.
What’s altering from October 1?
SBI’s revised schedule specifies that prospects will get 4 money withdrawals free in a month from the BSBD account by the department channel.
Any money withdrawal past these 4 free transactions will entice a ₹15 cost per transaction, plus GST.For instance, if an account holder makes six money withdrawals by the department in a month, the primary 4 withdrawals won’t entice this cost. The fifth and sixth withdrawals will every entice ₹15 plus GST.
The change is subsequently related primarily for purchasers who make greater than 4 money withdrawals from their BSBD account by the department channel in a month.
First Revealed: Aug 19, 2026 3:49 PM IST
