How to Remove Password from PDF on Windows. Since bank statements can be used by 3rd parties for other purposes, the bank probably does not want to allow you any chance to modify the PDF. PDF Password Remover tool for Windows is a 100% Free tool that lets you decrypt password-protected PDF files which have their “owner” password set. To remove the password from SBI bank statement it is necessary that the respective password must be known to you. The new PDF file will have the same contents as the original, but no password. Note: Due to the printing process, the resulting PDF won’t have selectable text. How to remove password from (State Bank of India) SBI bank statement PDF? However, once the bank statement gets unlocked by the tool, the file will not again ask for the password. Unless you know the PDF's permissions password, different from the open password, you can not change the security settings.. Enter a file name and location for your new PDF file when prompted.