In a notification released by the country�s premier public sector bank, the State Bank of India (SBI), it is mentioned that an additional service charges will be applicable on cash withdrawals from ATMs more than 4 times.
From the 5th cash withdrawal from ATMs in a month, a service charge of Rs. 15/- and GST will be charged. Account-holders need to pay Rs. 40/- and GST to get a cheque book containing 10 leaves!
In case a cheque book of 20 leaves are required, Rs. 75/- with GST will be charged.
However, this additional charge for cheque books is EXEMPTED FOR SENIOR CITIZENS!
The above service charge system will be effective from tomorrow (Thursday, 1st July).