The limit on withdrawal of SBI ATMs has been reduced to Rs 20,000. The previous Rs 40,000 was Rs. The bank’s decision is due to the spread of frauds and ATMs by ATMs. The bank stated that the decision was to encourage digital and non-currency transactions.
The country’s largest public sector lender, SBI, has 59,598 ATMs. SBI owns 28.90 crore debit cards. SBI Debit Cards are issued at 4849 for each ATM.