[Resolved]  Sbi Cash Deposit Charges — SBI cash deposit charges

What is excess cash deposit charge? last two time when I have deposited money by normal cash deposit in the counter SBI charged Rs. 57/- each time. I can not understand what is this.

Now SBI is charging Rs.2.5 per thousand on cash deposited even for Power gain Current a/cs.
What about big business units, it becomes 12500/- on deposit of 50lakhs in a month.
Any body knows how to minimize these charges.

I have SBI a/c in home Munnar..now I am staying in Coimbatore.every time I deposit the minimum save amount amt you charged Cdm minimum Rs.25.I am a poor family this not correct way.please change the system.other then I cancel my a/c then i move to other bank...by poopathy

My SBI home branch every time charges 25.while cash depositing in my home branch itself y what is the reason..

It's ridiculous when you are transfer amount to other banks through neft also not paying this much amount (25)minimum.
They should reduce charges in marginally.

It's very bad. Change it otherwise I'll change my account.

Very worst thing, so plz change it otherwise I'll change my account.

Same Branch Cash Deposit Rs. 2700/- in CDM being rush inside the branch Transaction on 1st March'2017 and SBI Charged Rs. 25/- for the cdm deposit even being same branch cdm machine, as other RS. 100/- notes were not accepted in CDM and next day i brough higher denomination of new Rs. 2000/- and rs. 500/- notes to deposit remaining amount which was accepted on 1st march i did deposit in same base branch in cdm through my account number and mobile number cash accepted next day i came to know i was charged for both days Rs. 25/- on 1st march and again Rs. 25/- on 2nd march.

So why bank is putting on burden for middle class people are they collecting or settling their NPA through common middle class peoples pocket, they pay loans to bussiness class and not collect the same which results in loss to the bank and NPA grows to bring down the their loss on NPA are theY targeting middle class people pocket by apply such unjustified charges.

Is this a ache din, now days no one wants to visit before the banker thereby their services has been reduced due to technology banking tools most of them do their banking on self reliant only for software assist they will charge such rediculas charges for small transactions which is not worth of charging as banking service charge.

Does our FM AND PM would like poor people get away from banking earlier the same banks never brought such charges when they had to put on personal attention to customers to provide services now after workload and manpower is reduced by apps and net banking why they do charge for petty transactions.

need to pay serious attention on such practice by banks which will lead to loss of faith and trust in govt and banking will be like money making machine as private sector concern.

Hope people at large will appreciate the concern and put on their regression.
regards
Malikarjun

this is nonsense for cash deposit they r charging money . Very sad plz change the rule

I have also wrote to PM/FM on the issue whether they want to encourage banking for inclusive development or discourage by charging unnecessary charges for simple banking transaction, which had never happened in past where banking man power was used and now even being technology updated where has banking staff work has been reduced people less depend on banking staff to assist which has saved lots of man hour, and can cut short the manpower to save the banking expenses on salaries and to cover up the NPA which why a customer to pay for there non performance and loss through NPA.

Banks should not charge from lower middle class for petty transactions, they should review there charges and revert all those un justified charges levid on petty transaction.

Dear SBI go to hell. I don't understand why to pay you if its deposits to my account. It is better to close account than being cheated every time. HDFC is far better than this.. I never paid for any deposited amount or withdrawal with HDFC.

We are all withdrawing the a/c from SBI. One of the worst banking systems we ever experienced.

SBI policy believe in home branch banking system. It's nothing like global bank, even SBI nature of banking system not like national bank. System and process specially customer care is pathetic. In beach staff work nature and behavior feel Luke they are doing favour on customer.

Simply worst Bank of India.

Whenever someone deposits money into my account (Same Banks Different Branch) by Cash Deposit Machine, SBI charges immediately Rs. 25/- and the Next again they Charging Rs.23/- three times.

I dont know why. Also yesterday one of relative deposited Rs. 1100/- to my account by the same way, they deducted my balance of Rs.115/-.

Better I have to close the account and Open in some other bank.

True - SBI is fooling customers!!!

Even they started charging Rs 500 for closing a saving account..the stupidity of such policy is utter useless..Merger of Associate Banks and then took there bad loan effectively into the system.make this bank worse.
Its better to quit S.B.I and move to some other Public sector bank or Private ones for more pleasant banking
systems..

SBI charged 25 rs for depositing in my own account by cdm

Please tell me why should i show my atm card during the cash deposit at state bak of india, konnagar branch ?

facing problem from sbi konnagar branch due to cash deposit thru my son due to i am outstation for my job. Look into the matter.

Priyadarshi ghosal
sb a/c. No. Xxxxxx827
( m ) +91 [protected]

I deposited in home branch sbi and bank charges called EXCESS CASH DEPOSIT CHARGE of 58 Rs. I am going find out what is the issue.

First three cash deposit transactions will be free in a month, beyond three transactions the bank will charge Rs 50 plus service tax for each transaction