The State Bank of India (SBI) is one of India’s largest public sector banks, offering different types of debit cards according to the requirements of their customers. Various types of debit cards are linked with other charges, such as SBI ATM charges and SBI AMC charges. Thus, it’s essential to be aware of them for proper financial planning and avoid any unexpected debit from your account.
AMC charges of the SBI account for Annual Maintenance Charges paid for debit card maintenance and management. The charges get levied annually to cover services like card issuance, security and transactions. Debits towards SBI annual maintenance charges are directly taken from the bank account against which the card has been issued, usually after the first year of issue.
SBI offers a range of debit cards, each designed to meet specific customer requirements. Below is an overview of popular SBI debit cards and their respective issuance fees and SBI debit card charges (AMCs).
| Debit Card Variant | Issuance Charges | Annual Maintenance Charges (AMC) |
|---|---|---|
| Classic Debit Card | No issuance charges | ₹200 + GST |
| Silver / Global / Contactless Card | No issuance charges | ₹200 + GST |
| Gold Debit Card | ₹100 + GST | ₹250 + GST |
| Platinum Debit Card | ₹300 + GST | ₹325 + GST |
Disclaimer: These charges are subject to change and it’s advisable to check the latest fee structure on SBI’s official website or contact the bank directly for the most current information.
Also Read: SBI Bank Statement Download
SBI provides a certain number of free ATM transactions per month, depending on the account type and the average monthly balance maintained. Once free transaction limits are exceeded, the following SBI ATM transaction charges apply:
Maintaining a higher AMB can increase the number of free transactions allowed. For example, customers who have an AMB above ₹1,00,000 get free unlimited transactions both at SBI and other bank ATMs.
The daily ATM withdrawal limit for SBI debit cards depends on the card variant:
These limits are subject to change and it’s recommended to verify the current limits with SBI.
Proper money management and knowing the SBI AMC charges, SBI ATM charges are vital. You can reduce the charges by selecting the right debit card, maintaining a balance in an account and availing facilities through digital banking.
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There are 2 types of SBI ATM transactions: Financial and Non-financial. These include cash withdrawals, balance checks, mini statements and PIN changes. SBI ATM transaction charges are applied if you go beyond the free monthly limit.
SBI Bank AMC charges are annual fees for maintaining your debit or ATM card. These charges are deducted automatically every year.
To reduce or avoid SBI AMC charges, choose a debit card that suits your needs and usage pattern. Always use SBI ATMs, maintain a higher average balance and shift to digital transactions. This will also cut down on your SBI ATM charges.
ATM card AMC is a yearly maintenance fee for your debit card. The ₹236 charge could include the AMC itself, GST or additional SBI ATM charges if you’ve exceeded transaction limits.
This charge may include your annual maintenance fee along with GST. It could even be a charge for exceeding transaction limits. The exact breakdown depends on your card type and usage.
