Day: July 20, 2018

Free ATM Transactions, Monthly Limit, Charges: SBI Vs HDFC Bank Vs ICICI Bank

Free ATM Transactions, Monthly Limit, Charges: SBI Vs HDFC Bank Vs ICICI Bank

Buzz
  Major banks today permit their customers to make a certain number of transactions free of cost at ATMs every month. SBI or State Bank of India for example, currently allows its customers maintaining a monthly average balance above Rs 25,000 in the previous month unlimited transactions free of cost at its group ATMs. That means if you are an SBI customer and you maintain a monthly average balance (MAB) of more than Rs 25,000, you are eligible to avail this service. The country's largest bank also allows unlimited free transactions at ATMs of other banks to customers maintaining an MAB of more than Rs 1 lakh, according to SBI's website - sbi.co.in. Similarly, private sector peers ICICI Bank and HDFC Bank also allow their customers to make free transactions at ATMs every month und