# SBI to charge Rs 15 per cash withdrawal beyond four free transactions from Oct 1 2026-08-20T18:06:57+00:00 | Governance | Indian Opinion Desk Corroboration: 2 independent outlets State Bank of India has revised cash withdrawal charges for Basic Savings Bank Deposit (BSBD) accounts opened through branch channel, effective 1 October 2026. Customers will get four free cash withdrawals per month, each additional withdrawal will attract a fee of Rs 15 plus applicable GST. The bank announced the change in a public notice on X on Thursday. Times of India reports that SBI has also removed the previous exclusion for Aadhaar Enabled Payment System (AePS) transactions, meaning these will now be treated differently. Both sources confirm that all digital transactions will continue to be free without any restriction on the number of transactions. Earlier this month, SBI revised interest rates on domestic bulk term deposits of Rs 3 crore and above, with cuts across several tenors. The bank reported a 10.23% year-on-year rise in net profit for the first quarter of FY27 to Rs 21,121 crore. ## Indian Opinion Analysis Both Indiatvnews and Times of India present the SBI fee change as a straightforward service update, with neutral-report stances. The Times of India provides additional detail on the AePS rule change and recent deposit rate revisions, offering more context but no slant. The measured takeaway: the fee applies only to BSBD branch-channel accounts, digital transactions remain free, and the change takes effect from October 1, 2026. Watch for customer complaints or clarifications from SBI as the date nears. ## Coverage Coverage: 2 sources, 2 neutral - indiatvnews.com (neutral report) Leads with the fee change, no additional context or slant. - timesofindia.indiatimes.com (neutral report) Leads with the fee change and includes additional context on AePS and deposit rates. This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-21T11:36:26+00:00. Tags: BSBD, GST, SBI, State Bank of India Canonical: https://indianopinion.org/sbi-to-charge-rs-15-per-extra-cash-withdrawal-from-oct-1/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/sbi-to-charge-rs-15-per-extra-cash-withdrawal-from-oct-1/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/