SBI's Free Of Charge PoS Machines: Withdrawal Limits And Other Features

INSUBCONTINENT EXCLUSIVE:
SBI has a total of 6.08 lakh PoS machines of which 4.78 lakh are enabled to dispense cash.State Bank of India (SBI) has 4.78 lakh cash Point
of Sale (PoS) machines for all customers holding debit cards, as informed by country's largest lender in a tweet on its official handle-
@TheOfficialSBI
Currently, SBI is providing cash withdrawal through PoS without any fees or charges to all bank customers
The withdrawal cash limit can go up to Rs 2,000 in Tier 3, Tier 4, Tier 5 and Tier 6 cities while it is limited to Rs 1,000 in Tier 1 and
holders of SBI and all other banks can also withdraw cash from PoS machines installed by SBI across various merchant locations
Currently, the bank is not charging any fees for the same
2017, SBI has a deposit base of Rs
26.51 lakh crore
It has 32.16 per cent market share in home loans and 35.54 per cent in auto loans