Withdraw Money from Buddy

MAY 12: State Bank of India (SBI) has shared a good news for its Customers who use SBI Buddy. We know that SBI BUDDY is a mobile wallet of SBI.

The bank said that customers can withdraw money from ATM if they have money in its E-wallet. The Officials said that customer has to pay RS 25 for each such transaction from June 1, 2017.

As of now, this feature is not there in the ATM, but the bank will shortly introduce this service. The bank also announced that they can deposit cash in the wallets using Banking Correspondents.

This decision comes as a relief to customers because we know that SBI has imposed fines for customers who don't have Minimum Balance in the Account.