Question:

What are the restrictions on free use of State Bank of Pakistan ATMs?

by Guest4161  |  12 years, 8 month(s) ago

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I am a university student and have been assigned a task regarding State Bank of Pakistan. I want to know, What are the restrictions on free use of State Bank of Pakistan  ATMs?

 Tags: atms, bank, free, Pakistan, Restrictions

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  1. Guest6099
    From 1st April 2009, the customers were given free access to ATMs of all banks for cash withdrawal and balance enquiry. Reserve Bank of India and Indian Bank Association has decided to modify this facility. Accordingly, with effect from 15th October 2009, a customer of some other bank using an ATM of State Bank of India can withdraw a maximum of Rs.10, 000/- per withdrawal. From 15th October 2009, a SB account customer of State Bank of India using ATMs of other banks will have to bear service charges from the 6th withdrawal of the calendar month onwards. For other account holders all such withdrawals will be charged.

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