SBI Transaction Limit for Different Banking Services

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by: Admin

To ensure that your transactions go smoothly, it is crucial that you check SBI transaction limit for each product/service type. Don’t leave anything to chance, utilize all available sources to verify SBI UPI and online debit card transaction limits. This will save you time and prevent any unnecessary delays.

As the largest bank in India, the State Bank of India caters to a diverse range of account holders, each with their own unique priorities and transactional permissions based on their account type. These permissions are specifically designed to ensure that account holders have the requisite access and authority to meet their specific usage needs.

State Bank of India brings savings accounts, corporate accounts, minor accounts, deposit accounts, zero balance accounts and more. Account holders will be able to transfer or use their online accounts for funds transfer to any account or for any Bill payment based on their eligibility. Learn more about the SBI transaction limits on your account and how you can make the most out of them.

Here we bring you detailed information about the State Bank of India transaction limits which applied when you transfer funds from one account to another.

SBI Transaction Limit
SBI Transaction Limit

SBI Transaction Limit

TransferOver 2 crore within self accounts per day
FD or RDMake fixed or recurring deposit of less than 1 crore with zero service charges
Third Party TransferTransfer within SBI account of other up to 10 Lakhs with no service charges
NEFTSend 10 lakhs to any account with no extra charges with individual daily limit 1 Lakh
RTGSTransfer upto 10 Lakhs to any account made with minimum 2 lakh limit
IMPSMake IMPS transfer up to 2 Lakhs and having daily limit of 1 Lakh
Quick transfer Quick transfer up to 10 thousand with a daily limit of 25000 per each transfer
Quick transfer up to 1Lakh to any account having made with above said amount limit
TransferTransfer over 1 Lakh using Credit Card visa transfer with service charge of 15 per transaction
SBI UPI Transaction Limit Per DaySend over 1 Lakhs through UPI per day with zero service charges to any UPI account
Merchant and Bill PaymentMerchant and Bill Payment of up to 5 lakh for Bill payment and daily limit of 1 Lakh
Mobile Top UpMobile Topup to 10000 per transaction with an daily limit of 50000
Prepaid CardPrepaid Card limit of 50000 with same daily limit
DTH Recharge50000 per limit and having daily limit with no service charges
Postpaid Bill Payment50000 with same daily limit
IMPS Merchant PaymentIMPS merchant Payments with overall daily limit 1 lakh with no service charges
SBI Life PremiumDaily limit of 50000 under Bill payment
Transaction LimitTransaction limit of only 1 Lakh for newly added beneficiary account for first 4 days
Minor AccountState Bank of India only has 2000 per transaction and maximum 5000 daily limit

Also read: SBI Fixed Deposit Online

Can I make a fund transfer for a new beneficiary within 1 hour

As per the State Bank of India, any new beneficiary added into the account will only activated after 4 hours. Thus within four hours of beneficiary addition, no amount can transferred to any account.

Also read: SBI RD Online

Why do I transfer funds over 1 lakhs to other accounts per day

In the State Bank of India transaction limit per non-beneficiary card is set to 1 lakh. Thus to transfer any higher amount the receiver account details are to add to the beneficiary list and must have set their transaction limit up to 10 lakhs for higher amount transfer.

Also read: Find CIF Number SBI and SBI Customer Care Number

Is the SBI transaction limit the same all the time

After State Bank of India account holders activate their account or add a beneficiary, their transaction limit will remain the same forever. The limit will be consistent throughout the week, including holidays, without any changes.

Disclaimer: Above the above published information is only for reference purpose. For any changes in the content, we refer to visit the concerned official website, and we are not responsible for anything.