Did SBI Deduct Rs 206.5From Your Account? Know Why

SBI deducts three differentamounts Rs 147.5, Rs 206.5,or Rs 295 depending on thecard you possess. + + +

State Bank customershaving Yuva, Gold, Combo,My Card Debit, or ATM Cardhave to pay the amount.

If you use any of the debit/ATMcards, including the Yuva debitcard, Gold debit card, Combo debitcard, or My Card debit/ATM card,the SBI will charge you Rs 175 asa yearly maintenan

Because there is an additionalGST of 18% on this purchase,an additional amount of Rs31.5 (18% of Rs 175) isadded to the total.

Thus, Rs 175 plus Rs31.5 equals Rs 206.5.

With a history spanningmore than 200 years, theState Bank of India is thebiggest public sectorbank in the nation.

With 46.77 crorecustomers nationwide,State Bank of India is aglobal public sectorbanking and financialservices company in India.

Through 22,266branches, 68,016 BusinessCorrespondents (BC) locations,and more than 65,000 ATMs,the SBI provides client service.

The bank controls astaggering 27.58% of themarket for debit cardpurchases.

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