SBI, Axis, IDBI, other banks change rules from July 1: All you need to know

SBI Basic Saving Bank Deposit (BSBD) account holders will now be able to withdraw cash only four times from ATMs or bank’s branches for free in a month.

New Delhi: Customers of State Bank of India (SBI), Bank of Baroda (BoB), Syndicate Bank and Axis Bank, among others, may need to note that their bank has updated a few rules or charges from July 1. New rules of IDBI Bank and Canara Bank are also coming into effect from July 1, 2021.  New rules of the State Bank of India (SBI) SBI Basic Saving Bank Deposit (BSBD) account holders will now be able to withdraw cash only four times from ATMs or bank’s branches for free in a month. Customers will have to pay to small processing fee of Rs 15 plus GST from the fifth cash withdrawal onwards.