A Debit or ATM Card AMC refers to the annual maintenance charges imposed by banks for maintaining your debit card and providing related banking services. The AMC amount varies depending on your bank and the type of debit card you use. The AMC stands for Annual Maintenance Charges and it is levied as a service fee for the usage of the ATM card. You have to pay this amount to keep your card functional. The AMC of a card depends on the type of card you use and the issuer bank. Often the charges for special cards may be different. Debit Card AMC stands for Annual Maintenance Charge. It's a fee imposed by banks for the maintenance of your debit card services. In simpler terms, it's the cost you bear to keep your debit card active and operational throughout the year. Discover everything about SBI AMC charges, including amc charges of SBI for debit cards, transaction limits and tips to minimize costs effectively.
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