Tuesday, February 07 2023

October 2, 2018

SBI reduces ATM withdrawal limit from Rs 40,000 to Rs 20,000

New Delhi-Indian multinational public sector bank State Bank of India has slashed the daily withdrawal limit on its classic debit card from Rs 40,000 to Rs 20,000 from October 31st this year.But there is no change in the daily withdrawal limits on other cards.The bank has been receiving many complaints regarding cloning and the decision is taken to reduce the withdrawal limit on these cards to check fraudulent transactions said a senior bank official.