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September 30th, 2016, 08:36 AM
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Join Date: Mar 2012
SBI Demand Draft Charges

I have newly opened a SBI savings account now I want to know that what are the Demand drafts charges in the bank so I can have an idea??

Well no Cash Handling charges will be levied in addition to charges for issuance of IOI (Demand drafts/ Bankers’ cheque) in case of cash transaction.

SBI Charges for services

Description of Service Charge Revised Rate
State Bank Debit Cards
Debit Card Issuance Charges
Classic Debit Card Nil
Global Debit Card Nil
Gold Debit Card ₹100/- plus ST
Platinum Debit Card ₹300/- plus ST
Debit Card Annual Maintenance Charges (Recovered at the beginning of the second year onwards)
Classic Debit Card ₹100/- plus ST
Silver/Global /Yuva /Gold Debit Card ₹150/- plus ST
Platinum Debit Card ₹200/- plus ST
Pride/Premium Business Debit Card ₹300/- plus ST
Debit Card Replacement Charges ₹200/- plus ST
Duplicate PIN / Regeneration of PIN through Branch ₹50/- plus ST
International Transaction Charges
Balance enquiry at ATMs ₹25 /-plus ST
ATM Cash withdrawal transactions (₹100/- min. + 3.5% of Txn. amt.) + ST
Point of Sale (PoS) / eCom transactions 3% of transaction amount plus ST
(The above charges will not be applicable for members of staff)
State Bank Prepaid Cards
Foreign Travel Cards
Card Issuance Charges ₹105/- plus ST
Load/Reload Charges ₹52/- plus ST
Rupee Prepaid Cards
Card Issuance Charges
Gift Card ₹105/- plus ST
eZ Pay Card ₹105/- plus ST
Smart Payout Card ₹105/- plus ST
Achiever Card for Corporates ₹105/-plus ST
Load/Reload Charges
eZ Pay Card ₹10/- plus ST
Gift Card -
Smart Payout Card ₹10/- plus ST
Achiever Card for Corporates ₹10/- plus ST
Gift Card issuance charges are waived since beginning of launching the product, currently waived till 31-03-2016Nil load/reload charges through CINB/INB

IMPS Fund Transfer charges through CBS and Mobile Banking Service
Upto ₹25,000/- ₹5/- plus ST
Above ₹25,000/-and upto ₹1.00 lac ₹5/- plus ST
Above ₹1.00 lac and upto ₹2.00 lacs ₹15/- plus ST
Above ₹2.00 lacs and upto ₹5.00 lacs ₹25/- plus ST
Charges per quarter for Non –Maintenance of Quarterly Average Balance (QAB)/ Minimum Balance
Current Accounts (For Segments other than SME) (QAB -₹10,000/-) ₹544/-plus ST
Corporate Salary Package:Reimbursement Current Account NIL
Current Accourt (SME) excluding CA of BCs (QAB -₹10,000/-) ₹750 /-plus ST
For other Current Account (CA) Variant Products
Power Pack (QAB-₹5,00,000/-) ₹10,000/-+ ST
Power Gain (QAB-₹1,00,000/-) ₹6,000/-+ ST
Power Base (QAB-₹20,000/-) ₹3,000/-+ ST
Sahaj (Min Balance -₹1,000/-)(Basic banking for business community) ₹300/- + ST
Power POS (QAB ₹5000/-)(For POS a/c) ₹500/- + ST
Power Jyoti (QAB -₹50,000/-)(Collection a/c) ₹2500/- + ST
Surabhi (Min Balance -₹10,000/-)(Auto Sweep) ₹750/- + ST
Savings Bank (For Segments other than SME) Penalty for not maintaining Minimum Balance NIL
Savings Bank (SME) Penalty for not maintaining Minimum Balance of ₹5000/- ₹500/- + ST
Account Closure Charges (Savings Bank/Current Account)
(a)Within 14 days (Individual & Non-Individual both)for all Segment customers NIL
(b) Beyond 14 days but upto 6 months
(i)Individual Accounts for all segments other than SME ₹500/-+ST excluding Basic & Small accounts opened under FI
(ii)Individual Accounts of SME Segment ₹300/-+ ST excluding Basic & Small accounts opened under FI
(iii)Company/Non-Individuals Accounts for all Segments ₹1000/-plus ST

Last edited by Neelurk; July 7th, 2020 at 01:22 PM.
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