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ATM withdrawals via SBI e-wallet
Highlights
The largest lender State Bank of India will introduce new facility that would enable withdrawal of cash through ATMs using the bank\'s mobile wallet. However, the bank will charge Rs 25 on every cash withdrawal from the mobile wallet via ATMs.
Mumbai: The largest lender State Bank of India will introduce new facility that would enable withdrawal of cash through ATMs using the bank's mobile wallet. However, the bank will charge Rs 25 on every cash withdrawal from the mobile wallet via ATMs.
Meanwhile, the SBI has denied media reports that it has increased service charges to Rs 25 on regular ATM transactions. "The service charge on cash withdrawal from ATMs has not been changed for normal savings accounts," SBI MD (national banking) Rajnish Kumar said.
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