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SBI's has introduced a new feature to reduce frauds

Tuesday, January 28, 2020, 4:51 PM

SBI's has introduced a new feature to reduce frauds

SBI's has introduced a new feature to reduce frauds The number of people using debit and cred ...

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Know about new cash withdrawal facility at SBI

Tuesday, December 31, 2019, 5:54 PM

Know about new cash withdrawal facility at SBI

These days a lot of people use ATM cards. ATM cards are offered by banks when someone opens a bank account with them. These cards are really helpful a ...

Brand Updates

 
SBI to launch OTP-based ATM cash withdrawal from January 1

Friday, December 27, 2019, 6:38 PM

SBI to launch OTP-based ATM cash withdrawal from January 1

With ATM-related frauds on the rise, banks are introducing ways to protect their customers from tricksters. The country's largest public-sector lender, the State Bank of India (SBI), via a tweet on December 26, said that it will introduce a one-time password (OTP)-based cash withdrawal system for its ATMs. The bank said that this facility will be available for transactions above Rs 10,000 between 8 pm and 8 am. According to the tweet, this facility will be applicable from January 1, 2020, across all SBI ATMs. In the process of making cash withdrawals, once the SBI cardholder enters the amount he/she wish to withdraw, the ATM screen will display the OTP screen. The SBI cardholder has to enter the OTP received on his/her mobile number registered with the bank in this screen for withdrawing the cash.

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State Bank of India is deactivating magnetic stripe card

Monday, December 9, 2019, 11:41 PM

State Bank of India is deactivating magnetic stripe card

State Bank of India is deactivating magnetic stripe card: Everything you need to know If you stil ...

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SBI debit cardholders! These insurance covers are available on your card

Tuesday, October 15, 2019, 6:10 PM

SBI debit cardholders! These insurance covers are available on your card

SBI debit cardholders! These insurance covers are available on your card When you open a bank acc ...

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SBI Account Holder? Tips to keep your money safe

Friday, August 2, 2019, 5:42 PM

SBI Account Holder? Tips to keep your money safe

SBI account holder? Tips to keep your money safe State Bank of India (SBI) is India's largest Public Sector Bank and many Indians have bank acc ...

Blog

 
How to get new SBI ATM card?

Tuesday, September 18, 2018, 6:22 PM

How to get new SBI ATM card?

Debit and credit card frauds are increasing rapidly in India. People are losing crores of rupees to card frauds each year. According to the report, fr ...

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