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SBI cash deposit charges

 
50 Reviews
Vineet Saini Send email

SBI cash deposit charges

India, s largest bank is now collecting cash deposite charges minimum Rs. 25 if the amount is not deposit in the home branch.

Then what is the benefit of the core banking and one bank account.

Every time I move to any city I have to open a new a/c.

What is the postion of the other bank if SBI is collecting such type of charegs without inform to the customers .

Vineet saini
49 Comments

Comments

DILLIRAJ Send email
 
yes, this is so pathetic, even it was a shock for me.
Pushkar Patil Send email
 
I dont know why SBI is downgrading its stature by introducing such stupid policies.
Now you have to pay Rs. 10/- every time you need to update your passbook if you are not in your home branch city.
It can't get worse than this.
 
Yes, It was a shock even for me. They are charging Rs. 2 per Rs. 1000, if we deposit from other than home branch. But I don't know about netbanking, as I don't have netbanking account. Deducting the charges with out informing account holder is rediculus. I came to know about this when I saw mini statement of the account.
Rashmi Send email
 
Hi,
i totally agree, this is rediculus for cash deposit they r charging money .
wats the use of banking if every time u have to go to home branch .
very sad scenario and this u will come to know only from bank statement .
it was big shock for me .
Ravi Sharma Send email
 
At the time, when all the banks are introduncing the consumer friendly tools, such as net banking, mobile banking, any where banking to make the banking easy and convenient, SBI is intoducing this kind of rediculus charges. This will definatily downgrade SBI.
Baskar Send email
 
now only sbi bank is collecting charges for cash deposits other than the home branch .This is rediculus.This should be avoided
Dinesh Pujari Send email
 
now corporation bank is also collecting the same. rs. 20/- is deducted from ur account whenever u deposit cash/cheque other than ur home branch. this is ridiculus. something should be done. does RBI permit this, or this banks are doing on their own. this also comes under cosumer complaints forum as there was no information sent to customers regarding this.
Sri Nath Ojha Send email
 
Banks must justify it...
If all same bank branches follow the instructions of H.O. than what is the difference wheather it is delhi or mumbai. why they are taking charges...
Christy Send email
 
if i knew this system existed i would have thought about all these options its ridiculous every transaction we need to pay 25 rs/ for deposit in other branches other than home branch where as banks like icici, hdfc, citibank do not charge this amt...please change the system ...make it customer friendly
Kishor Chandra Nayak Send email
 
deducting Rs.2/- is not more in comparison to other banks, but it should not be implemented in the same city. it is pathetic. in the same city if u deposited ur money in other branch it is not genuine. bank should change his rule deposit within a same city should not be charged.
Jagat Send email
 
This is worst SBI rule so far, simply threft of people's money, somebody like laloo prasad yadav may be its initiator.
three cheers to our one of fortune 500 company...Ha Ha..
Ashwini Kumar Srivastava Send email
 
I am stongly disagree why SBI charge while we deposit in the home branch.when SBI declare that SBI centriledge bank.It is totly worn
SEBASTIN AROCKIA LEO Send email
 
per day at the max how much cash we can deposit in the savings account?
Virendra Kaushik Send email
 
Yes it is really pathetic .What is the use of net banking and the core banking features if one have to pay for it every time .SBI should take the charges yearly and avail these features to the required customer those who are travelling frequently and can not visit their home branch. if they wld charges nominal value then it is good. if they cant provide that much interest then why do they deduct large amount from us.
Nitin Agarkar Send email
 
Yes it is really shocking for me also, before depositing cash from other that home branch, I was asked 2-3 officer of the same branch, what they said is no charges for deposit upto Rs. 25000 and other said no sharges for Upto Rs.-20000, it is really rediculous, even SBI officers do'nt know the what are the actual charges. when I saw my mini statement it is Rs.2 for every Rs. 1000. they have deducted. If they gave me actual information I could not deposit cash and use some other way.
Aman Send email
 
AXIS bank is also collecting charges @ Rs1 per 1000Rs. for cash deposits charge; deposited in other than the home city.
This is rediculus and no point extending & claiming service like net/international banking...This should be avoided. any one has update is this permitted by RBI.
Gaurav Patni Send email
 
yes this is stupidity even charging customer if he deposit cash or update his pass book in the other branch of sbi which is in the same city. then What is the use of net banking and the core banking features or having one account.
Saravanan Send email
 
HDFC is even more worst above Rs.100
Hari.palleboina Send email
 
Yes SBI taking 25/- is the minimum for cash deposit in other than home branch.

it is not good
Ciju George Send email
 
This is totally stupidity...

(India, s largest bank is now collecting cash deposite charges minimum Rs. 25 if the amount is not deposit in the home branch.

Then what is the benefit of the core banking and one bank account.)

Every time I move to any city I have to open a new a/c or transfer my A/c

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