What is the ATM limit for cash withdrawal?

ATM Cash Withdrawal Limits at State Bank of India (SBI)

State Bank of India (SBI), one of the largest banks in India, has established daily cash withdrawal limits for its customers using Automated Teller Machines (ATMs). The limits vary depending on the type of SBI account and debit card associated with it.

In Touch and SBI Go Accounts

For customers with In Touch or SBI Go accounts, the daily cash withdrawal limit at ATMs is set at Rs. 40,000. This limit applies per day, regardless of the number of withdrawals made.

SBI Platinum International Debit Cards

SBI Platinum International Debit Cards come with different cash withdrawal limits. The specific limits may vary depending on the individual cardholder’s account and creditworthiness. Customers should consult their account statement or contact SBI customer service for specific information regarding their card’s limits.

It is important to note that these limits are imposed to protect customers from unauthorized withdrawals and potential fraud. If a customer attempts to exceed the daily withdrawal limit, the ATM will dispense an error message and decline the transaction.

Customers are advised to plan their cash withdrawals accordingly and consider using other methods for larger transactions, such as online banking, mobile banking, or visiting a bank branch. By adhering to these limits, customers can help ensure the security of their funds and prevent unauthorized access to their accounts.