Transacting At Non-Home Branch of SBI & Other Banks? Check The Charges Here

A fee is charged for any cash transaction made at a non-home branch, including a deposit or withdrawal. This charge varies from bank to bank. Furthermore, certain banks levy charges even when a third party conducts a cash transaction. Transacting at a non-home bank branch has a number of drawbacks. An individual usually opens a savings bank account at a bank's home branch. This account is effectively tied to that branch, and all other branches of the same bank are designated as non-home branches. Even for small cash transactions customers of non-home branches need to pay a 'cash handling charge' which again varies across banks. To recoup their expenses, banks charge customers for a variety of services. Some common charges that are imposed by the banks are demand draft, duplicate statement, and so on. So if you are planning to transact at a non-home bank branch of SBI, ICICI, HDFC or Axis Bank, here are the applicable charges that you need to know:{photo-feature}