The State Bank of India (SBI) will charge the customers for failed ATM transactions due to insufficient balance.
SBI will charge a fee of Rs 20 along with GST for transaction decline due to insufficient balance.
There exists facilities like missed call and SMS facility which allows customers to keep a tab on the balance in their savings account.
Before making an ATM withdrawal it is better to always check your balance.
Top banks including State Bank of India (SBI), ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Yes Bank and others charge a failed ATM transaction fee owing to insufficient balance in your account.