MASTER CIRCULAR: NON-HOME TRANSACTIONS Circular No.

: R&DB/BOD-GB/32/2018 – 19 Date: Thu 12 Jul 2018

CASH DEPOSIT CASH WITHDRAWAL TRANSFER RTGS

i) P-Segment Savings i) P’ Segment
Bank: No restriction a. Rs.50,000/- for self (using Cheque).
ii) In AGR/ SME Segment’ b. Rs.5000/- for self (withdrawal form + Passbook)
Non -Home deposit is Rs. ii) ‘SME’ Segment – Rs.1,00,000/- for self.
2,00,000/- per day. iii) ‘AGR’ Segment – Rs.1,00,000/- for self (KCC Cheques
only).
iv) No cash payment to third parties.
v) No cash payment of CAG/MCG/CMP Cheques
Normal transfer All RTGS transactions will be restricted to home branches
(i) Cap of Rs.10 lacs in originating debits for nonhome only.
transactions for all branches and Rs.5 lacs for branches manned However, RTGS remittances on behalf of other banks from
by Single Officer and Single Clerk. their accounts maintained with us in capacity of clearing
Transfer by MCC house settlements will be allowed with debit vouchers and
Savings bank other than HNI/NRI : Rs.10 Lakhs to be processed through R-42 RTGS transaction module.
HNI/NRI Savings Bank : Rs.50 Lakhs
Current Account : Rs.50 Lakhs
As system does not validate the ceilings prescribed for Multi City
Cheques, these have to be monitored and controlled
administratively.

Precautions at Non-home branches:

1.The signature of the drawers must be carefully verified with the recorded signatures.
2.High value cheques should be verified through ultra violet lamps invariably.
3.All the features of the instruments must be verified carefully before payment, including the paper quality and SBI Water Mark. (In case, this is not done due to paucity of time – clearing return
time comes in the way – all such cheques must be tested ON THE SAME DAY even after clearing returns are effected and, in the event of any defect detected thereafter, the concerned
Bank/Branch MUST BE directly contacted and payment against the fraudulent cheque be stopped/frozen).
4.The testing of fugitive ink must be carried out for payment of cheques for value Rs. 25,000/- and above.
5.Tele-calling and getting confirmation from the drawer for suspicious cheques and all non-home cheques of Rs.2.00 lacs above. Circles may, however, fix a lower threshold limit depending upon
the intensity of frauds and manpower availability for Tele-calling.
Others:
i) Depositors may submit the Form 15G/H at the any branch (Home/ Non-home).
ii) Transactions at Non-Home branches are NOT allowed for SBI CAPGAINS PLUS-under Capital Gain Accounts Scheme-1988.
iii) All SBI branches will accept cash to the credit of Power Jyoti Pre-Upload (PUL) Current Accounts in terms of instructions contained vide e-Circular issued by BY SUMANTA,KOL CIR
1
Transaction Banking Unit from time to time.