Business
SBI Just Deducted Rs 236 From Thousands Of Accounts — Check If You’re Affected
New Delhi: Many State Bank of India (SBI) customers were surprised recently to see Rs 236 deducted from their savings accounts. If you’ve noticed the same, don’t worry — it’s not a fraud or error. The deduction is for the annual maintenance charge on your SBI debit card.
Every year, SBI charges account holders a small fee for maintaining their debit cards. For regular Classic, Silver, Global, or Contactless debit cards, the annual maintenance charge (AMC) is Rs 200, plus 18 percent GST, which adds up to Rs 236. This amount is automatically debited once a year.
For customers holding premium cards such as Gold, Platinum, or Business debit cards, the fee is slightly higher, ranging between Rs 250 and Rs 350 per year before taxes. The exact amount depends on the type of card linked to your account.
If this is your first time seeing the deduction, it might be because your card was new last year, or you previously had a waiver. Some customers also miss the notification as the charge is quietly shown as “Debit Card Annual Maintenance Fee” or “Card AMC” in their account statement.
To confirm, you can check your recent transaction history through the SBI YONO app, internet banking, or your branch passbook. If the entry mentions “Debit Card AMC” or “Annual Maintenance,” the deduction is legitimate.
However, if you think you were wrongly charged — for instance, if your account type usually includes free debit card maintenance — you can contact SBI customer care or visit your home branch to clarify.
To avoid future deductions, customers can switch to salary package or digital-only accounts, which sometimes offer zero annual maintenance fees.
In short, the Rs 236 deduction from your SBI account is the annual maintenance fee plus GST — a routine charge for keeping your debit card active.
Last Updated:
MCX delayed trading to 10:00 AM on Tuesday due to a technical glitch, as announced in an early morning notice by the Multi Commodity Exchange.
MCX trading glitch
MCX Glitch: The Multi-Commodity Exchange (MCX) faced a technical glitch on Tuesday, preventing the start of trading. Earlier, the exchange had announced that trading would begin at 10:00 AM following the issue, but it did not resume as planned.
MCX is yet to confirm a new time for the commencement of trading.
“Update as on 09:45 AM-Members are requested to note that the trading will start at 10 AM due to technical issue. Trading will start from DR. Inconvenience is regretted,” MCX informed in the update.
This is not the first time MCX has faced such an issue. Earlier this year, MCX faced a similar technical issue in July when the trading began at 10:15 AM, a delay of more than an hour.
The Multi Commodity Exchange of India (MCX) is the country’s largest commodity derivatives exchange, providing a platform for trading in commodities such as gold, silver, crude oil, natural gas, and various agricultural products. Established in 2003 and headquartered in Mumbai, MCX operates under the regulatory framework of the Securities and Exchange Board of India (SEBI). It plays a crucial role in India’s commodities market by enabling price discovery, risk management, and hedging for participants ranging from traders and investors to producers and exporters. MCX’s benchmark contracts—like gold and crude oil futures—are widely used to gauge market sentiment and global commodity trends.
On July 23, trading on MCX was initially expected to resume by 9:45 AM, but the exchange later revised the opening time to 10:10 AM, but trading did not resume as planned. It finally began trading from 10:15 AM after a delay caused by clearing technical processes and file sharing.
(This is a developing story. To be updated)
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
October 28, 2025, 09:15 IST
Read More
Business
SC permits Centre to review Rs 6,000cr additional dues on Vodafone-Idea – The Times of India
NEW DELHI: The Union govt on Monday convinced the Supreme Court to permit the department of telecom to review its demand of Rs 6,000 crore additional adjusted gross revenue demand for the FY 2016-17 on Vodafone-Idea. Chief Justice B R Gavai and Justice K Vinod Chandran was informed by solicitor general Tushar Mehta that since the previous round of litigation, in which Vodafone was ordered to pay the AGR dues, there had been a change of circumstance as the Centre has acquired a 49% stake in the company. Mehta said, “We do not want the company, in which the govt has a huge investment, to go bankrupt to make 20 crore people suffer. ‘Govt wants to prevent monopoly’ Govt wants more players in the mobile telecom sector to prevent monopoly,” said solicitor general Tushar Mehta. Vodafone through senior advocate Mukul Rohatgi had argued that the SC had frozen the AGR dues at Rs 58,254 crore as of 2016-17 and that the DoT cannot raise additional AGR dues in breach of the SC order. Govt had converted Rs 36,950 cr dues as its 49% equity in the telecom service provider.
The bench noticed the element of public interest in the case and permitted the Centre to take a fresh view of the additional AGR demands, especially when the issue is purely in the policy domain and involves the interests of 20 crore people. “We see no reason why the Centre should be prevented from taking a relook at the additional AGR dues,” the bench said.
NEW DELHI: Govt has approved seven projects worth Rs 5,532 crore, out of 249 proposals received under the Electronics Components Manufacturing Scheme, electronics and IT minister Ashwini Vaishnaw said on Monday. The minister said the production of electronics components from the approved projects is likely to reduce the import bill of around Rs 20,000 crore. “Seven plants under electronics components have been approved. In coming days, more projects will be approved. We expect these projects to reduce import bill by around Rs 20,000 crore,” Vaishnaw said. The minister said that proposals for the manufacturing of multi-layer printed circuit boards or motherboard base, camera modules, copper laminates, and polypropylene films (used in capacitors for consumer electronics) have been approved.
Top Home Depot Promo Codes for October 2025
MCX Yet To Open Trading Amid Technical Glitch; Exchange Yet To Confirm New Time
Trump praises Japan’s ‘great’ female leader in talks on trade, critical minerals
-
Tech1 week agoHow to Protect Yourself Against Getting Locked Out of Your Cloud Accounts
-
Tech1 week agoThe DeltaForce 65 Brings Das Keyboard Into the Modern Keyboard Era—for Better or Worse
-
Business1 week agoGovernment vows to create 400,000 jobs in clean energy sector
-
Business1 week agoDiwali 2025: Gold & silver likely to consolidate next week; Here’s what analysts said – The Times of India
-
Tech1 week agoGemini in Google Home Keeps Mistaking My Dog for a Cat
-
Fashion1 week agoEgypt’s apparel exports rise 25% in H1, trims US market reliance
-
Fashion7 days agoChinese woman charged over gold theft at Paris Natural History Museum
-
Business1 week agoInflation expected to jump to highest since January last year