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I want to know the Excess DRS Charges in State Bank Of India SBI so will you please tell me?

[Vishal Kotkar]

State Bank of India has recently introduced the Transactions based charges (by PBBU) & ATM related transactions (by Alternate Channels Department) which is effective from 01-01-2017.

Due to this Customers are getting their account debited by state bank of India with remarks Excess DRS Charges in their account statement.

Excess DRS Charges in State Bank Of India SBI

FEE Excess DRS Charges or Transaction based charges has been categorised on the basis of.

i) AVERAGE MONTHLY
ii) BALANCE Savings Bank
iii) Transactions Charge:
iv) Charges based on number of
v) Transactions

Now Monthly limit on a number of debit transaction has been also fixed and then after its chargeable.

Monthly Limit On Number Of Free ATM Transactions (Both Financial And Non-Financial Transactions) has been also fixed and then after its chargeable.

Excess DRS charges are Rs 6 per transactions on each online transactions.

Rs 0-1000 => 20 online transactions
Rs 1000-25000 => 40 online transactions
Rs 25000 and above => Unlimited

Per excess transactions chargeable @Rs 6 per online transaction and @Rs 23 per atm transaction

All the above calculations are per month basis.

Average monthly balance is calculated by balance at the end of (Day1+Day2+Day3+…Day30) / 30.




State Bank of India Customer service
1800 425 3800