Country's largest lender State Bank of India (SBI) will waive service charges for all ATM transactions made on SBI ATMs. This will also be applicable to other bank ATMs on account of exceeding free number of transactions up to 30th June.
The bank has made an official announcement on its website on 15 April 2020. "In view of the announcement made by Finance Minister on 24th March, State Bank of India has decided to waive ATM charges for all ATM transactions made on SBI ATMs and other bank ATMs on account of exceeding free number of transactions up to 30th June," the announcement was posted on SBI's official website.
On 24 March, Finance Minister Nirmala Sitharaman had announced that no charge will be levied on cash withdrawals by a bank’s