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.
|Parameter||Existing Limits Per Day||Revised 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.
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