Is I deposit the cheque in outstation of State Bank Of India then what will be charges I have to pay to clearing the cheque? Please also tell me about the Cheque Collection Policy of the State Bank Of India so I can get the information about it?

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of 2016-17, it had assets of ₹30.72 trillion (US$460 billion) and more than 14,000 branches, including 191 foreign offices spread across 36 countries,


the Outstation Cheque Clearing Charges of the State bank of India is given below

Local or outstation Cheque returned charges due to insufficient funds for either
Outward or Inward clearing (Cheques drawn on us)
• ₹ 102/- + Out of pocket expenses (if any)
for cheque up to ₹ 1 lac
• ₹ 204/- + Out of pocket expenses (if any)
for cheque above ₹ 1 lac
Cheque return charges-cheque drawn on us (for technical reason, other than
link/system/power failure)
₹ 76/- + other Bank’s charges

Cheque Stop payment
Per instrument up to 3 leaves: ₹ 51/-
For range of Cheques: ₹ 204/-
Issuance of Demand Draft /

Bankers Cheque through Retail
Internet Banking
• For value up to ₹ 5,000/-: ₹ 10/-
• For value above ₹ 5,000/- & up to ₹10,000/-: ₹ 41/-
• For value above ₹ 10,000/- & up to ₹ 1 lac: ₹ 3/- per thousand or part thereof,
with minimum of ₹ 51/-
For value above ₹ 1 lac & up to ₹ 5 lacs: ₹ 3/- per thousand or part thereof, with
minimum of Min. ₹ 306/-
Revalidation / cancellation of drafts / Bankers cheque₹ 102/-
Issuance of duplicate demand draft / Bankers cheque ₹ 102/-

For any Query you may Contact to the State bank of India the Contact details Are given below

State bank of India
Customer service: 1800 425 3800