State Bank of India, country’s largest public sector lender, has said it will start levying Rs 25 for every withdrawal done at its automated teller machine or ATM kiosks, according to a report in the media.
The new charges will be applicable to SBI card holders as well and they will also be required to pay the levy. The bank has also clarified that it will also charge the amount for exchange of “sullied” notes worth and above Rs 5,000.
A public outcry broke out in Kerala after bank customers came to know that SBI has revised its ATM withdrawal charges. Many customers who were lined up at SBI cash kiosks expressed their anger.
“This is outrageous and the central government is cheating the people. Ever since the demonetisation began, the Centre has been bullying people. This is going to be taken up in and out of parliament very strongly,” media quoted CPI-M Lok Sabha member M B Rajesh as saying.
Popular film personality Shobi Thilakan was another big personality who slammed the recent government move which according to him was “anti-people policy” of the central government.
