According to the Yono app, currently there are no charges for availing this cardless cash withdrawal facility. The minimum transaction limit for this SBI cardless ATM withdrawal facility is ₹500 and multiples of ₹500.
The bank would charge a fee of Rs. 15 + GST for each cash withdrawal transaction at a Branch Channel/ATM beyond the free limit. Cash withdrawal charges will be applicable at SBI and non-SBI ATMs as well as home branches.
Cash withdrawal at SBI ATMs
As per the SBI's website, there will be four free cash withdrawals available — including ATMs and bank branches every month for BSBD account holders. The bank will apply a fee of ₹15 plus GST for every transaction beyond the free limit.
From August 1, 2019, there will be zero charges for SBI IMPS, NEFT, RTGS use on net banking, mobile banking and on YONO. Making fund transfer transactions through SBI Online or through YONO or SBI mobile banking will now not cost anything, however, conducting NEFT, RTGS transactions will still cost the user.
YONO SBI allows you to book IRCTC tickets, use UPI to transfer money, buy movie tickets, banking, shopping, Travel, bill payments, Recharge, Invest and more.
Bank ATM fees can vary from as low as $2.50 per transaction to as high as $5 or more, depending on whether the ATM you use is out-of-network or even international.
Typically banks charge 2.5% to 3% of the withdrawn amount subject to a minimum amount of Rs. 300 to Rs.
SBI charges a cash advance fee of 2.5% of the amount withdrawn or Rs. 300 (whichever is higher), whereas for international transactions, a fee worth 3% or Rs. 300 (whichever is higher) is levied.
SBI Bank customers can withdraw a minimum of Rs 500 and a maximum of Rs 10,000 from SBI ATMs using the YONO app by following the process mentioned below: Step 1: Log in to the YONO app on your phone.
As a YONO customer, you can make only two such transactions in a day. 3. This service to withdraw YONO cash can be used by a customer only on one device.
There is a minimum withdrawal limit of Rs. 500 and maximum withdrawal limit of Rs. 10,000 per transaction.
“Customers are eligible for five free transactions (inclusive of financial and non-financial transactions) every month from their own bank ATMs. They are also eligible for free transactions (inclusive of financial and non-financial transactions) from other bank ATMs viz.
SBI Global International Debit Card can be conveniently obtained, , without any issuance charges. However, you are required to pay an annual maintenance charge of Rs. 175 + GST.
SBI charges an annual maintenance charge for the debit card. For SBI's classic debit card, this charge is set at ₹ 125 plus GST. This fee is recovered by the bank at the beginning of the second year onwards. For replacement of a debit card, SBI charges ₹ 300 plus GST.
In a review of 30 banks and their ATM fees, GOBankingRates found that $2.52 is the average bank non-network ATM fee in the United States without foreign transaction fees, and banks charge non-customers $1.50 to $3.50 in fees at their ATMs.
Capital One ATM fees were the cheapest ATM fees of the banks surveyed as it's one of the banks that don't charge any ATM fees for using non-network ATMs.
India's largest state-owned bank SBI has an ATM daily maximum cash limit of Rs 20,000, while its minimum limit is Rs 100. According to ICICI Bank's website, you can withdraw up to Rs 1 lakh a day through a platinum chip debit card.
Simple has a fee-free ATM finder on their website and allows customers to use ATMs in Walmart, Costco, Dunkin Donuts, Walgreens, Hess, Target, and CVS, without being charged a fee. Chime's network has more than 38,000 fee-free MoneyPass ATMs.
YONO stands for “You Only Need One”. Using YONO App & website, customer can integrate all his products & servic from SBI bank account, SBI Card, SBI Mutual Fund, SBI Life Insurance, SBI General Insurance, SBI Securities.
State Bank of India (SBI) customers are eligible to withdraw cash from ATM without a physical debit card by availing Yono Cash facility. Apart from this, SBI customers can also do cardless shopping and secured Two-factor authentication.”Withdraw cash from any SBI ATM without your Debit Card. You got Yono Cash!
What is State Bank Anywhere Personal? It is State Bank of India Retail banking application offered on Mobile. All the existing Anywhere, Freedom app users and Internet banking users can use this application. The application is available at Google Play store, Apple App store for Android, Windows and Apple smartphones.
These banks are IndusInd Bank, IDBI Bank and Citi Bank. While Citi Bank is wrapping up its operations in India, IDBI Bank and IndusInd Bank are expected to continue offering free unlimited ATM transactions to their customers in India.