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Due to COVID-19 pandemic, State Bank of India has revised its ceilings for cash withdrawal in Non-home Branches. This temporary revision is applicable for P-Segment customers, which includes enhanced cash withdrawal limit for individuals as well as for third parties using cheque in non-home branches. So based on this new revision, you will be able to withdraw money from your nearby branch in case of an emergency. 

ParameterExisting Limits Per DayRevised Limits Per Day
Cash Withdrawal for Self using Cheque ₹ 50000/- ₹ 100000/- 
Cash Withdrawal for Self using withdrawal slip accompanied by Savings Bank Passbook ₹ 5000/-  ₹ 25000/- 
Cash Withdrawal by Third Party using Cheque (Including KYC documents of Third Party)Not allowed ₹ 50000/- 

The revised limits are valid up to 30 September 2021. An appreciable move indeed by India’s largest bank, amid the raging COVID-19 pandemic. 

GREG RAKOZY RFP

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