This month SBI is deducting some money from the account of its customers. Know why?

SBI latest news Update Today:

SBI is deducting 147.50 from the bank account of its customers. That's why the account holders are getting worried.

SBI is sending a message to your linked mobile number to deduct Rs 147.50 from your bank account.

If you have also received this message, then let us know why the State Bank of India is deducting this money.

This Rs 147.50 is being deducted as an annual maintenance charge from the accounts of customers using SBI's ATM and debit cards.

According to the State Bank of India, this money is deducted from your account every year by the bank.

SBI charges Rs 147.50 (Rs 125 + 18% GST) every year as an annual maintenance charge.

So if you are getting worried then there is no need to worry because this annual maintenance charge is deducted every year.

SBI is the largest commercial bank in terms of deposits, assets, branches, customers, and employees.