Can I withdraw passbook in other branch?

Can I withdraw passbook in other branch?

Yes, banks have imposed a limit on withdrawal from non-home branch. For instance, if you have a savings account with State Bank of India, you can withdraw up to Rs 50,000 a day at a non-home branch, using the withdrawal form accompanied with the passbook.

Can I withdraw money without passbook?

When making a withdrawal at the bank using the withdrawal form, the customer is required to submit the passbook to finalise the withdrawal. The passbook is not required when making withdrawals with one’s debit card or cheque form.

Can I withdraw money from a different branch?

If any cash transaction, such as deposit or withdrawal, is done at a non-home branch, a fee is levied. Also, some banks charge even if a third party makes a cash transaction. Apart from this, there is a limit to the amount of cash transaction that can be conducted at non-home branches.

Can I withdraw money with passbook for Non-Home branch?

Now, SBI customers can withdraw Rs 25,000 cash per day for self using “withdrawal form” and accompanied by “savings bank passbook” at “non-home” branches. SBI has also increased cash withdrawal by third party only using cheque up to Rs 50,000.

Can you withdraw without passbook Metrobank?

Cardless withdrawal allows you to withdraw a certain amount from your account without having to use your ATM card in any of the 2,300 Metrobank Group ATMs. Or call the Metrobank 24/7 Customer Hotline at 8-870-0700, or log on to

Can you withdraw without passbook BDO?

When you open an account, you are given the option to choose if you want a BDO EMV Debit Card for convenience in accessing ATMs or have the passbook alone.

Why is passbook needed?

A complete copy of all transactions is kept within the passbook so you can easily track all of your deposits, withdrawals, and interest earned. For teens, it can be a place to deposit their paycheck and start using a debit card. It can lead to saving for a car or deposit on an apartment.

Do I need my bank book to withdraw money?

A bank withdrawal slip is necessary to withdraw money from your savings or current account. It is a record of all your withdrawal transactions. When you visit a bank to make a withdrawal, you have to fill out this form. Alternatively, you can use a cheque or visit an ATM to withdraw money.

Can I withdraw without my passbook BDO?

If the passbook is lost, mislaid or stolen, BDO should be immediately notified by the depositor in writing by executing an Affidavit of Loss. Otherwise, BDO will be relieved of the responsibility in connection therewith. The passbook must be presented in every deposit or withdrawal transaction.

Can someone withdraw money from my bank account if they get my passbook?

While taking out money from your account using the bank’s withdrawal form, it’s mandatory to have a bank passbook. So, no one else can withdraw money from your account unless you give a written consent authorising another person to withdraw cash on your behalf.

Can I withdraw money from another branch of SBI?

As per the new rule, if you want to withdraw money at a non-home branch of SBI by using with withdrawal form, you will have to carry the Saving Bank passbook along. This way you can withdraw up to Rs 25,000.

Why do I have to go to the bank to make a withdrawal?

For example, if someone wants to make a substantial withdrawal from a checking or savings account, going to a branch might be necessary because of restrictions on the amount that can be taken from an ATM.

Do you need ID to withdraw money from bank account?

Some want to see ID for withdrawals in excess if a certain amount. Some may ask security questions – e.g. date of birth, where account was opened. For small amounts the chances are no ID will be required but I advise taking everything you can lay your hands on just in case. Photo ID may be particularly helpful.

Can a cheque be issued from a passbook?

Some outfits require you to send the passbook with a letter to their head office to issue a cheque.

Where do I go to withdraw money from my checking account?

Withdrawing Money from a Checking Account. Making a withdrawal from a bank account typically requires a withdrawal slip. These are located at the self-serve stations inside the bank.