State Bank of India (SBI), the country’s largest bank with crores of customers, has revised its ATM transaction charges. The new changes affect debit card users, especially those using non-SBI ATMs. SBI has also ended the unlimited free transaction facility for salary account holders.
State Bank of India (SBI) has announced an increase in ATM transaction charges following a review of interchange fees—the charges banks pay when customers use ATMs of other banks. Based on this review, SBI decided to revise its ATM service pricing.
Earlier, SBI had also increased transaction charges across several categories in February 2025.
The new ATM charges have come into effect from December 1, 2025.
The revised charges apply to non-SBI ATMs after the free transaction limit is exhausted.
Cash Withdrawal: ₹23 + GST per transaction
Non-Financial Transactions (balance enquiry, mini statement): ₹11 + GST
Earlier, non-financial transactions were charged at ₹10 + GST.
SBI has withdrawn the unlimited free transactions facility on non-SBI ATMs for salary account holders.
Only 10 free transactions per month on non-SBI ATMs
Includes both cash withdrawals and balance enquiries
After free limit:
Financial transactions: ₹23 + GST
Non-financial transactions: ₹10 + GST
There is no change in the free transaction limits for regular savings account customers.
5 free transactions per month on non-SBI ATMs
Applicable for both:
Financial transactions
Non-financial transactions
Valid in both metro and non-metro locations
The following customers and transaction types are not affected by the revised charges:
Transactions at SBI ATMs using SBI debit cards remain completely free
Basic Savings Bank Deposit (BSBD) account holders
Kisan Credit Card (KCC) account holders
Cardless cash withdrawal (YONO Cash) at SBI ATMs remains unlimited and free
The hike is primarily due to a rise in interchange fees, which banks pay to other banks for ATM usage. After reviewing these costs, SBI decided to revise ATM transaction pricing to offset operational expenses.
The State Bank of India was officially established on July 1, 1955, but its banking legacy dates back over 200 years to the British era.
Originated as the Bank of Calcutta, later renamed Bank of Bengal
Followed by the creation of:
Bank of Bombay (1840)
Bank of Madras (1843)
These were collectively known as the Presidency Banks
In 1955, the Government of India, with RBI’s support, acquired the Imperial Bank of India
On April 30, 1955, it was renamed State Bank of India
SBI began operations in its current form from July 1, 1955
Today, SBI is not only India’s largest bank but also one of the biggest banks globally.
Over 22,500 branches
More than 62,000 ATMs
Over 50 crore customers
Representative offices in 32+ countries