Can I withdraw ₹1,00,000 in a day using my SBI Debit Card? The answer is both yes and no. It depends on the type of debit card you possess. If you have an SBI Platinum International Debit Card, you can withdraw ₹1,00,000. However, if you hold an SBI Global International Debit Card, your per-day withdrawal limit is ₹40,000. Banking with India’s largest bank, which offers six different debit card options, makes it essential to understand your ATM withdrawal limits.
In this article, we provide a comprehensive explanation of the ATM withdrawal limits for SBI customers using their various debit cards.
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Table of Contents
SBI ATM Withdrawal Limit in 2024
State Bank of India allows debit card withdrawals ranging from ₹40,000 to ₹1 lakh at ATMs, with customers permitted up to five free ATM withdrawals each month. Exceeding this limit incurs additional charges. It is crucial to be aware of daily and monthly withdrawal limits, as these vary depending on the specific card you hold. For example, the withdrawal limits differ for an SBI My Card International Debit Card compared to an SBI Gold International Debit Card. Additionally, the limits can vary if you plan to withdraw without an OTP. Understanding these variations helps you manage your finances more effectively.
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SBI ATM Withdrawal Limit per Day in 2024
Your daily ATM withdrawal limits depend on the type of debit card you hold. The following table provides a clear overview of the minimum and maximum ATM cash withdrawals to help you understand these limits better:
| CARD | MINIMUM LIMIT (₹) | MAXIMUM LIMIT (₹) |
| SBI Virtual Debit Card | NA | NA |
| SBI Global International Debit Card | 100 | 40,000 |
| SBI Gold International Debit Card | 100 | 50,000 |
| SBI Platinum International Debit Card | 100 | 1,00,000 |
| SBI My Card International Debit Card | 100 | 40,000 |
| SBI IOCL Co-Branded Contactless RuPay Debit Card | 100 | 40,000 |
For more details, like the Point of Sales (POS)/ Online Transaction Limits, click here.
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SBI ATM Withdrawal Limit per Month
SBI does not specify a specific monthly withdrawal limit via ATM. However, it’s advisable to adhere to the daily limit to facilitate trouble-free withdrawals. However, it’s important to note that additional charges apply if you exceed the benchmark limit set by the bank. After five transactions at non-SBI Bank ATMs, each subsequent transaction will incur a fee of ₹ 20 plus GST.
Regarding the number of times you can withdraw from an ATM, under the revised guidelines by the RBI effective from January 1st, 2022, customers of most banks, including SBI, are permitted to make cash withdrawals up to five times per month.
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SBI ATM Withdrawal Limit per Day for Rupay Debit Card
The daily withdrawal limits for SBI Rupay cards are important to consider. The minimum withdrawal limit is ₹ 100, with a maximum limit of ₹ 40,000 through ATMs. Remembering these limits will help ensure smooth transactions when using your nearest ATM.
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SBI ATM Withdrawal Limit per Day for Visa Debit Card
SBI allows daily withdrawals of up to ₹ 40,000 using Visa debit cards, with international Visa debit cards having a higher maximum limit of ₹ 1,00,000. It’s possible to adjust these transaction limits by submitting an application to the bank through the SBI Yono mobile app, providing flexibility according to your needs and preferences. Understanding and managing these limits can optimize your banking experience and transactions effectively.
SBI ATM Withdrawal Limit per Day for Mastercard
For Classic Mastercard Debit Cards linked to a bank account, the daily withdrawal limit is ₹ 25,000. Platinum Mastercard Debit Cards have a higher daily limit of ₹ 75,000, while Business Platinum Mastercard holders can withdraw up to ₹ 1,00,000 per day.
SBI ATM Withdrawal Limit for Global Debit Card
The daily cash withdrawal limit for the SBI Global International Debit Card at ATMs ranges from a minimum of ₹ 100 to a maximum of ₹ 40,000.
SBI ATM Withdrawal Limit With and Without OTP
To enhance security and prevent fraudulent transactions, SBI requires an OTP for ATM cash withdrawals exceeding Rs. 10,000. The OTP, sent to your registered mobile number, must be entered to verify your identity and complete the transaction up to your debit card’s maximum limit. For withdrawals up to Rs. 10,000, no OTP is necessary, allowing for quicker transactions while still maintaining security.
How to Check Your SBI ATM Withdrawal Limit?
To check your withdrawal limits, you can use the SBI Yono mobile application or visit your nearest SBI branch for detailed information. Additionally, the SBI Yono app allows you to adjust these limits according to your preferences, offering greater flexibility in managing your account. This ensures you stay informed and in control of your daily withdrawal settings. You can also contact SBI’s toll-free number: 1800-425-3800 or send an email to contactcentre@sbi.co.in.
How to Change SBI ATM Withdrawal Limit?
You can customize your withdrawal limits using the SBI YONO mobile application, internet banking, or by visiting your nearest SBI branch. This provides flexibility and convenience in managing your account settings.
Conclusion
Understanding your SBI ATM withdrawal limits is essential to avoid unnecessary charges and ensure smooth transactions. By staying informed about the specific limits of your debit card and utilizing tools like the SBI Yono mobile app to manage these limits, you can effectively manage your finances and prevent any extra fees. Make sure to adhere to these guidelines to optimize your banking experience.
Frequently Asked Questions
1. What is the one-time SBI ATM withdrawal limit?
The one-time ATM withdrawal limits range from Rs. 40,000 to Rs. 1,00,000, depending on the type of debit card you possess.
2. Can I increase my SBI ATM withdrawal limit temporarily?
To increase your withdrawal limit, you can visit the SBI Bank’s net banking website. Navigate to e-Services, then ATM Card Services, followed by ATM Card Limit/Channel/Usage Change, and select Change Daily Limit. From there, you have the option to adjust your withdrawal limit according to your needs.
3. Do I get any free ATM withdrawals per month?
Yes, as an SBI customer, you are entitled to up to five free ATM withdrawals per month. This applies across most debit card types offered by SBI, allowing you to withdraw cash without incurring additional charges up to this limit. It’s important to stay within these free transaction limits to avoid fees on subsequent withdrawals.
4. How many times can I withdraw money from an SBI ATM in a day?
Most banks, including SBI, typically allow up to five free ATM transactions per month. Beyond this limit, additional charges apply. Specifically, for transactions below Rs. 20,000 at SBI ATMs, customers are entitled to five free transactions each month.
5. What happens if I try to withdraw more than the daily limit?
For cash withdrawals exceeding the free limit at SBI ATMs, a withdrawal charge of Rs. 10 applies per transaction. Transactions at ATMs of other banks incur a fee of Rs. 20 per transaction. Additionally, applicable GST will be levied along with these fees.
6. Do higher-tier SBI debit cards offer increased withdrawal limits?
Yes, higher-tier SBI debit cards like the Platinum International Debit Card offer increased daily withdrawal limits compared to standard cards. For example, the Platinum International Debit Card allows withdrawals of up to ₹1,00,000 per day, whereas the SBI Global International Debit Card has a daily limit of ₹40,000 and the SBI Gold International Debit Card allows up to ₹50,000 per day.
7. Do SBI ATM withdrawal limits apply to international transactions?
SBI debit cards have both minimum and maximum withdrawal limits for domestic transactions, which also apply to international transactions, although these can vary by country. The international withdrawal limit is subject to the maximum foreign currency equivalent of the domestic limit.
8. Are there any special withdrawal limits for senior citizens with SBI debit cards?
SBI does not offer any special ATM withdrawal limits specifically for senior citizens with their debit cards. The withdrawal limits for senior citizens are the same as those for other SBI customers and depend on the type of debit card they hold.
9. Can I withdraw 50,000 Rs from SBI ATM?
Yes, you can withdraw ₹50,000 from an SBI ATM if you have an SBI Gold International Debit Card or higher-tier cards like the SBI Platinum International Debit Card.
