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Can I withdraw SBI cheque from non-home branch?
SBI customers can withdraw Rs 1 lakh per day for self using cheque at “non-home” branches. SBI has also increased cash withdrawal by third party only using cheque up to Rs 50,000.
Can cheque be withdrawn in Non-Home branch?
Amid the second wave of coronavirus pandemic, India’s largest bank State Bank of India (SBI) has increased the ceiling for cash withdrawal by customers at non-home branches. The bank has hiked cash withdrawal for self (using cheque) to Rs 1 lakh per day.
How much cash can be withdrawn from SBI bank by cheque?
Cash withdrawal limit for self using cheque is capped at ₹1 lakh while cash withdrawal limit by third party (only through cheque) is capped at ₹50,000. To support our customers in this pandemic, SBI has increased the non-home cash withdrawal limits through cheque and withdrawal form.
How can I withdraw money from SBI Non Home branch?
You can withdraw money from a non-home branch of SBI using the Passbook but you need to fill-in the withdrawal slip at the branch. The maximum cap for the withdrawal is Rs. 25000.00 and that too with charges of Rs. 12.5 per Rs.
Can I withdraw money from non home branch with passbook?
You can withdraw money from your SBI account at a non-home branch using your cheque book. Write a self cheque and carry your bank passbook with you. The maximum amount you can withdraw from the non-home branch is Rs. 50,000.
How much money we can withdraw from Non-Home branch?
Cash withdrawal limit has been enhanced to ₹ 1 lakh for customers using cheque at non-home branches if they withdraw the money themselves. While, cash withdrawal by cheque for third party has been enhanced to ₹ 50,000 per transaction, State Bank of India tweeted.
What is Non-Home branch in SBI?
a. Home Branch: Home Branch is a branch where the Customer’s Account is maintained. b. Non-Home Branch: The Banking facilities available to Customers at branches other than home branch are called non-home branches.
Can I withdraw money from non-home branch with passbook?
How to withdraw money from non-home branch of SBI?
You can withdraw a maximum of Rs. 50000 from a non-home branch of SBI through cheque or withdrawal form enclosed with passbook. Third party cheques are not payable in cash in non-home branch, while an a/c payee cheque can be deposited in non-home branch even though the account, where the money is to be transferred is not in that branch.
How much money can I withdraw from SBI using a cheque?
SBI customers can withdraw Rs 1 lakh per day for self using cheque at “non-home” branches. SBI has also increased cash withdrawal by third party only using cheque up to Rs 50,000.
What is the cash withdrawal limit by third party in SBI?
Cash withdrawal limit by third party: Rs 50,000 (only by using cheque.) For cash withdrawal by a third party using cheque, KYC of the third party will be required,, the bank said. As per the new rule, if you want to withdraw money at a non-home branch of SBI by using with withdrawal form, you will have to carry the Saving Bank passbook along.
What is the maximum amount I can withdraw from State Bank of India?
You can withdraw upto rs 25000 through non-home branch of state bank of India but you can not withdraw by a voucher and passbook. Using a multi city cheque only self can withdraw in non home branch. The limit per day is Rs.50000/- . Third party cash payments are not allowed at non home branch. Maximum Rupees 50000.00