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SBI receiving SMS Alerts

State Bank of India (SBI) is a multinational banking and financial services company based in India. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of December 2012, it had assets of US$501 billion and 15,003 branches, including 157 foreign offices, making it the largest banking and financial services company in India by assets.

Total ATM's Count:
SBI has 27,000+ ATMs (25,000th ATM was inaugurated by the then Chairman of State Bank Shri O.P. Bhatt on 31 March 2011, the day of his retirement); and SBI group (including associate banks) has about 45,000 ATMs. SBI has become the first bank to install an ATM at Drass in the Jammu & Kashmir Kargil region. This was the Bank's 27,032nd ATM on 27 July 2012.

About the charges:
SBI is providing a alert message for every transaction when you deposit or withdraw money from your account for the users who are opted for the SMS alerts for free till now. 
But this service is no more going to be free for ATM transaction alerts from the next quarter after this month.

With effect from quarter ending June 2013, SBI ( State Bank of India ) customers receiving SMS alerts for ATM transactions will be charged a sum of Rs 17/- (Revised to Rs. 15) per quarter. This charge is indeed a very small but is needed for the proper maintenance of the services provided and to control over the large user base.

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