The State Bank of India (SBI) has established various withdrawal limits for its debit cards. Knowing SBI debit card withdrawal limits is important to manage your funds efficiently. You can even avoid additional fees and surprises by withdrawing within the limits.
The actual SBI debit card withdrawal limits depend on the type and category of debit cards you hold. Let’s explore everything you need to know about SBI Bank’s cash withdrawal limits—from daily and monthly limits to charges associated with various withdrawal methods.
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SBI Debit Card Withdrawal Limits
The SBI debit card withdrawal limits via ATM range from INR 40,000 to INR 1,00,000 for domestic usage and an equivalent amount in foreign currency for international withdrawals.
For POS & online transaction limits, the SBI withdrawal limit varies from INR 75,000 to INR 2,00,000 for domestic transactions, with international limits depending on the country and specific card type.
The SBI Virtual Debit Card and Contactless Cards have limited transaction capabilities, typically INR 5,000 per transaction without entering the PIN.
You can enjoy higher limits for premium cards. For example, the SBI Platinum International Debit Card offers the highest withdrawal and transaction limits, making it ideal for high-value purchases and frequent international transactions.
International online transactions are generally restricted to INR 50,000 per transaction and month, available only on select websites.
| SBI Debit Card Type | Domestic ATM Limit | International ATM Limit | Domestic POS/Online Limit | International POS/Online Limit |
| SBI Virtual Debit Card | NIL | NIL | Contactless: INR 5,000 per transaction | INR 5,000 per transaction |
| SBI Global International Debit Card | INR 40,000 | Foreign equivalent of INR 40,000 | POS: INR 75,000 (varies by country) Online: INR 50,000 per month (select websites) | POS: INR 75,000 (varies by country) Online: INR 50,000 per transaction/month (select websites) |
| SBI Gold International Debit Card | INR 50,000 | Foreign equivalent of INR 50,000 | POS: INR 2,00,000 (varies by country) Online: INR 50,000 per transaction/month (select websites) | POS: INR 75,000 (varies by country) Online: INR 50,000 per transaction/month (select websites) |
| SBI Platinum International Debit Card | INR 1,00,000 | Foreign equivalent of INR 1,00,000 | POS: INR 2,00,000 (varies by country) Online: INR 50,000 per transaction/month (select websites) | POS: INR 2,00,000 (varies by country) Online: INR 50,000 per transaction/month (select websites) |
| SBI My Card International Debit Card | INR 40,000 | Foreign equivalent of INR 40,000 | POS: INR 75,000 (varies by country) Online: INR 50,000 per transaction/month (select websites) | POS: INR 75,000 (varies by country) Online: INR 50,000 per transaction/month (select websites) |
| SBI IOCL Co-Branded Contactless RuPay Debit Card | INR 40,000 | Foreign equivalent up to USD 50,000/month | POS: INR 75,000 (Global) Online: USD equivalent of INR 50,000/month | POS: INR 75,000 (Global) Online: USD equivalent of INR 50,000/month |
| SBI IOCL Platinum Debit Card | INR 40,000 | Foreign equivalent up to USD 50,000/month | POS: INR 2,00,000 (Global) Online: USD equivalent of INR 50,000/month | POS: INR 2,00,000 (Global) Online: USD equivalent of INR 50,000/month |
Key Insights from SBI Debit Card Withdrawal Limits Table
The State Bank of India (SBI) offers a variety of debit cards with different withdrawal and transaction limits to cater to domestic and international needs.
If you frequently travel abroad, understanding your international debit cards foreign transaction charges and withdrawal limits will help manage expenses effectively.
Check out the key insights on the SBI debit card withdrawal limit based on the various kinds of SBI debit cards.
ATM Cash Withdrawal
- The lowest limit is INR 40,000, applicable to most SBI debit cards.
- The highest domestic ATM limit is INR 1,00,000, available with the SBI Platinum International Debit Card.
- International ATM withdrawal limits are typically equivalent to the domestic limits in foreign currency.
POS & Online Transactions
- Domestic POS transactions range from INR 75,000 to INR 2,00,000.
- The SBI Gold & Platinum International Debit Cards offer the highest POS spending limit of INR 2,00,000.
- International POS limits vary by country, but generally, the maximum cap is the foreign currency equivalent of INR 75,000 to INR 2,00,000.
Virtual & Contactless Transactions
- SBI Virtual Debit Cards do not support ATM withdrawals.
- Tokenized payments allow contactless transactions up to INR 5,000 per transaction.
Global Transactions & Restrictions
- SBI International Debit Cards can be used for online international payments, but only on select websites.
- SBI imposes an INR 50,000 monthly cap on international online transactions to enhance security.
Also Read: Discover the SBI YONO cash withdrawal limits. Learn about the maximum and minimum limits at ATMs, PoS, and more.
Charges for Exceeding SBI Debit Card Withdrawal Limits
The State Bank of India (SBI) has specific charges associated with debit card withdrawals, particularly when exceeding the allowed limits.
Free Transactions
Customers are entitled to a limited number of free withdrawals per month:
- 5 free transactions at SBI ATMs.
- 3 free transactions at non-SBI ATMs in metro locations.
Charges for Exceeding Limits
- SBI ATMs: After exceeding the free withdrawal limit, a charge of INR 10 + GST applies for each transaction.
- Other Bank ATMs: A charge of INR 20 + GST applies for each transaction beyond the free limit.
International Transactions
- For international ATM withdrawals using an SBI debit card:
- A fee of INR 100 + 3.5% of the transaction amount + GST is charged.
Additional Charges
- Balance Inquiry at Non-SBI ATMs: INR 25 + GST.
- Declined Transactions Due to Insufficient Balance: INR 20 + applicable GST.
How to Increase SBI Debit Card Withdrawal Limits?
The SBI debit card withdrawal limits can be adjusted by submitting a request through the SBI Yono mobile app or by visiting a local branch. To increase the withdrawal limits on your SBI debit card, you can follow these methods-
Using the SBI YONO Mobile Application
- Log in to your SBI YONO app.
- Navigate to the Service Request section.
- Select ATM/Debit Card and then tap on Manage Card.
- Choose your account and debit card, then you can view your current withdrawal limit.
- Enter your desired new limit within the maximum permissible limit and submit the request.
Using SBI Mobile Banking (SBI YONO Lite)
- Open the SBI YONO Lite app and log in.
- Go to Services and select Manage Debit Card.
- Choose the relevant account and card to view your current limit.
- Enter a new withdrawal limit and submit.
Please note that the new and adjusted SBI debit card withdrawal limits must comply with the bank’s regulations.
Also Read: Know about savings account cash withdrawal limits. Learn how to effectively manage your savings and avoid restrictions.
Factors Affecting SBI Debit Card Withdrawal Limits
Several factors influence the withdrawal limits on SBI debit cards, both for domestic and international transactions. Understanding these factors can help cardholders make better financial decisions and manage their transactions effectively.
1. Type of Debit Card
- SBI offers different debit card variants, including Classic, Global, Gold, and Platinum, each with distinct withdrawal limits.
- Premium cards (Gold & Platinum) have higher withdrawal limits than standard variants.
2. Domestic vs. International Usage
- Domestic ATM withdrawal limits range from INR 40,000 to INR 1,00,000, depending on the card.
- International ATM withdrawals are capped at the foreign currency equivalent of the domestic limit.
- Online and POS transaction limits also vary based on domestic or international transactions.
3. Bank-Defined Limits
- SBI sets default limits on cash withdrawals and transactions for security and risk management.
- Certain cards, like Virtual Debit Cards, have different restrictions on ATM and POS usage.
4. Customer Profile & Account Type
- Premium account holders, such as Wealth or Privilege Banking customers, may get higher limits.
- Salary account holders may also have different withdrawal caps based on their banking
- relationship.
5. Security & Risk Management Measures
- SBI imposes transaction caps to prevent fraud and unauthorized transactions.
- International online transactions are capped at INR 50,000 per month on select websites for security reasons.
6. Customization & Limit Modification
- Customers can request an increase or decrease in withdrawal limits based on their spending needs.
- Limit adjustments can be done through SBI internet banking, mobile app, or by visiting a branch.
7. RBI & Regulatory Guidelines
- The Reserve Bank of India (RBI) has specific regulations on ATM withdrawals, daily limits, and security protocols.
- Banks must comply with these regulations, affecting how much cash can be withdrawn.
8. Contactless & Tokenized Payment Restrictions
- SBI contactless debit cards have a maximum per-transaction limit of INR 5,000.
- For added security, higher transactions may require PIN authentication.
This was all about SBI debit card withdrawal limits. Customers who require higher withdrawal and spending limits should opt for the Platinum or Gold International Debit Cards, while those looking for secure online transactions may find Virtual Debit Cards useful.
If you frequently travel abroad, understanding your card’s international withdrawal and transaction limits will help manage expenses effectively.
FAQs
The daily withdrawal limit varies by card type: INR 40,000 for Classic and Maestro debit cards, INR 50,000 for Gold International cards, and up to INR 1,00,000 for Platinum International cards.
SBI Classic and Maestro debit cards have a limit of INR 40,000 per day, while SBI Platinum International debit cards allow withdrawals up to INR 1,00,000 per day.
SBI Classic and Maestro debit cards have a limit of INR 40,000 per day, while SBI Platinum International debit cards allow withdrawals up to INR 1,00,000 per day.
You can change your withdrawal limit via the SBI YONO app by navigating to the “Manage Card” section or by visiting your nearest SBI branch.
You will be charged INR 10 + GST at SBI ATMs and INR 20 + GST at non-SBI ATMs for exceeding the SBI debit card withdrawal limits. In some cases, if you attempt to withdraw more than your daily limit, the transaction will be declined.
Yes, international transactions may incur fees based on the merchant’s location and currency conversion rates; check with SBI for specific charges.
The highest withdrawal limit is INR 1,00,000 per day for the Platinum International debit card.
You can check your current withdrawal limit through the SBI YONO app or by visiting your local SBI branch.
Yes, you can increase your withdrawal limit online using the SBI YONO app.
Increases are subject to bank policies and must remain within the maximum limits set for each card type; not all requests may be approved.
Factors include the type of debit card held (Classic, Gold, Platinum), account type, and bank policies regarding customer profiles.
To learn more about the best bank accounts for students, education loans, forex, banking experience for global students, or international money transfers, reach out to our experts at 1800572126 to help ease your experience with studying abroad.
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