SBI cash withdrawal charges from July 1: All you need to know

State Bank of India's announcement pertains to ATM and chequebook transactions only and no new charges will be levied on mobile and net banking. Here is all you need to know.

Public lender State Bank of India (SBI) said that it will levy charges for cash withdrawal beyond four free transactions in a month from customers holding basic savings bank deposit (BSBD) accounts. The bank has also announced that charges will be levied on chequebook transactions beyond 10 leaves in a year.