An important update has come regarding new rules set by the State Bank of India (SBI). These new rules can effect the bank’s many customers. As per media reports, this new rules will come into effect from October 31, 2025. Under this rule, if you do not make necessary updates related to your bank account on time, your account may be blocked or deactivated.

Why these rules are important to obey

This news is especially important for those account holders whose accounts have been inactive for a long time or have incomplete information. The purpose of this order is to increase the security of account holders and prevent banking fraud. Additionally, SBI has also imposed cash withdrawal limits for some of its account holders, effective October 31st. Therefore, it’s crucial for every customer to pay close attention to their account status, KYC updates, and bank-provided notifications. This article will provide you with all the important information related to this topic in simple and easy-to-understand language to help you avoid any inconvenience with your banking services.

Additionally, customers are required to update their KYC, as the RBI has strictly stated that accounts may be closed without KYC updates. The second rule is cash withdrawal limits. SBI has set a daily ATM cash withdrawal limit of ₹20,000 for Classic and Maestro debit cardholders, effective October 31, 2025. For Gold and Platinum cardholders, the limits will remain at ₹50,000 and ₹100,000 per day, respectively. This move is aimed at enhancing security and controlling cash transactions.

Do this important work before 31 October:

Update your SBI account KYC documents. Documents like passport, Aadhaar, PAN card, etc. must be current and verified.

Make at least one transaction in the account regularly so that the account does not become inactive.

If you have cash loan or overdraft facility in your account, then complete the necessary process by getting information about the rules from the bank.

Adjust your withdrawal behavior according to ATM cash withdrawal limits. File your free ITR (Income Tax Return) till October 31 with the help of SBI’s YONO app or Tax2win app, this is also a facility from the bank.

Don’t respond to any suspicious messages or calls that ask to block your account or ask for personal details. These can often be scams.

Understand and comply with all the terms and conditions by contacting your bank’s official branch or customer care.