The bank has said that there is no need to be afraid of calls starting with +91-1600, these calls are completely safe and genuine. SBI told on social media that these numbers are used only for transaction and service related calls. In such a situation, if you receive a call from this series, then you can talk without any worries.

RBI’s new directive

The Reserve Bank of India (RBI) has directed all banks and financial institutions in January 2025 to call customers only from the 1600xx series, so that people can differentiate between real and fake calls. Along with this, the 140xx series will be used only for marketing and promotion. RBI has said that in today’s time, mobile number has become very important – it is the main medium for getting OTP, alerts and account information. But this number has also become an easy tool for fraudsters.

SBI’s real calling numbers: SBI has also released a list of some of its real calling numbers through which the bank contacts customers.

• 1600-01-8000
• 1600-01-8003
• 1600-01-8006
• 1600-11-7012
• 1600-11-7015
• 1600-01-8001
• 1600-01-8004
• 1600-01-8007
• 1600-11-7013
• 1600-00-1351
• 1600-01-8002
• 1600-01-8005
• 1600-11-7011
• 1600-01-7014
• 1600-10-0021

What customers should do: SBI has advised customers to answer calls received only from the numbers given above. Do not talk to unknown or suspicious numbers. Do not share your banking information with anyone. If you have any doubts, contact the bank immediately. This step is a significant effort by SBI and RBI to protect customers from cyber fraud.

Related Articles:-

MSSC: Govt Major changes in Mahila Samman Savings Certificate Scheme, you will be able to withdraw money from ECS as well

IMD Weather: Heavy rain will occur in the next 3 hours, storm with a speed of 100 KM

Train Schedule Change: Alert for passengers… Railways has cancelled these trains, check this list before leaving

The post Bank Alert: SBI customers will receive calls only from these numbers, the bank has released a list… first appeared on Rightsofemployees.com.

It has been said that be careful about fake messages received in the name of SBI. In such a situation, if you are a little careless, then you can suffer a big loss.

If you or anyone in your family has an account in State Bank of India (SBI), then this news is very useful for you. The government has issued an alert for crores of account holders. The fact check unit of Press Information Bureau (PIB) has alerted about a message circulating on social media. Therefore, if you are a customer of SBI, then you need to be careful. A small mistake can cost you heavily. Keeping in mind the ever-increasing cases of spam and fraud, PIB has now issued an alert for customers.

Actually, cyber criminals are cheating people with new methods. In the recent past, a new method of reward point scam has emerged. Customers have now been asked to be careful about this.

Customers may get duped in the name of reward points

The message issued by PIB says that be careful of the messages received in the name of State Bank of India. In this, customers are asked to download an APK file to redeem reward points. This message seems as if it has been sent by SBI, but this message is completely fake. SBI never sends links or APK files via SMS or WhatsApp. In such a situation, to protect yourself from fraud, do not download unknown files or click on suspicious links. Always verify any such message directly through official SBI channels.

Beware ‼️

Did you also receive a message asking you to download & install an APK file to redeem SBI rewards❓#PIBFactCheck

❌@TheOfficialSBI NEVER sends links or APK files over SMS/WhatsApp

✔️Never download unknown files or click on such links

🔗https://t.co/AbVtZdQ490 pic.twitter.com/GhheIEkuXp

— PIB Fact Check (@PIBFactCheck) July 31, 2024

PIB gave instructions to the customers

PIB said that it is very important to verify any kind of message. Do this only by contacting through the official phone number. Your bank’s confidential information should not be shared with anyone. If you are cautious, you can avoid becoming a victim of financial fraud.

Keep these things in mind to avoid fraud

1 – If you receive any message, first find out who sent it. Be sure to verify it through the official channel of the bank.

2 – When you receive a message from an unknown number, never click on the link given in it. Do not download any file given in it.

3 – If you receive any suspicious message in the name of the bank, then verify it by contacting the bank through official channels.

4 – Make payments and other transactions only through the official app or website.

5. Never give your personal or financial information through email, SMS, WhatsApp or phone.

Related Articles:-

Airport Rule Change: Terminal-1 is starting at this international airport, major changes will happen from October 27

Digital Fixed Deposit: Mobikwik offer up to 9.5 percent interest on Fixed Deposit. Details Here

NDMC doubles parking charges in Delhi to curb rising air pollution – check new rate

The post SBI Customers Alert: Govt warns crores of SBI customers, be careful of this message, otherwise… first appeared on Rightsofemployees.com.

All banks have been asked by the Reserve Bank of India (RBI) to get their customers to sign the new agreement for bank lockers. If you too have not done this work, then complete it as soon as possible.

31 December Deadline

If you do not do this, there may be problems in the future. Most banks have prepared a revised bank locker agreement covering customer rights, which all customers are required to sign. Banks are informing customers through bank calls, SMS and e-mails that they should come to the bank branch and sign the agreement. Stamp papers have also been kept by the banks for the customers, so that the customers do not have to go anywhere else.

Customers will just have to come to the bank branch. Customers having a locker have to visit the bank branch and provide their Aadhaar, PAN and photograph. After this the stamp paper and bank locker agreement have to be signed.

Deadline for adding nominee in mutual fund account

If you do not declare the nominee in your mutual fund account by December 31, 2023, your mutual fund account will be frozen. This means that if you miss this deadline, you will neither be able to withdraw nor deposit money. Along with mutual funds, it is mandatory for demat account holders also to make nominee by 31st December.

Deadline to file updated ITR

The deadline for filing income tax returns for the financial year 2022-23 i.e. assessment year 2023-24 was July 31, 2023. Those who could not file ITR by this date can still file updated ITR with late fees till December 31, 2023.

Your UPI ID may be closed

If you also have a UPI ID which you have not used for more than a year, then it will be closed after December 31. In such a situation, if you have not used any of your UPI ID in the last one year, then use it as soon as possible. This will not deactivate your UPI ID.

The post BOB and SBI customers must visit the branch before 31st December, know why ? first appeared on Rightsofemployees.com.

The Reserve Bank of India (RBI) has instructed all banks to get their customers to sign the new agreement for bank lockers. If you also have a bank locker in any branch of SBI or Bank of Baroda, then go there and sign your new bank locker agreement. Otherwise, you may face problems later.

Banks are making phone calls to customers

Most all banks have issued a revised bank locker agreement covering the customer’s rights. Bank locker customers are required to sign on it. Banks are also asking their customers to visit the bank through phone calls, SMS and emails. Not only this, banks are also keeping stamp papers for the customers. So that, customers just have to come to the bank and sign. Customers have to go to the bank and give their Aadhaar, PAN and photo. Also, stamp paper and bank locker agreement will have to be signed.

All banks should complete the signing of bank locker agreement by 31st December.

RBI has ordered all banks to sign the new agreement with bank locker holders by 31 December 2023. All banks have been directed to provide necessary information to their customers as well as update the status of their locker agreements on the efficient portal of RBI. Most people keep their gold and important documents in bank lockers. In such a situation, it is necessary to sign an agreement for the safety of the items kept in the locker.

The post Bank Locker Holders: Big News! BOB and SBI customers must complete this work by 31st December, otherwise… first appeared on Rightsofemployees.com.

Different types of facilities are provided to customers through SBI. At the same time, SBI also provides a lot of facilities to the people through its Yono app. However, now a big update has come out regarding Yono app. This can also have an impact on people.

Actually, State Bank of India (SBI) wants to establish its presence in Singapore and America soon. For this, banking mobile app ‘YONO Global’ will be launched by SBI, which will provide digital remittance and other services to its customers. Through Yono Global, SBI will expand its business in Singapore and America. YONO Global services are already being provided by SBI in many countries.

“We continue to invest in YONO Global to provide the best services available,” Deputy MD (IT) Vidya Krishnan said on the sidelines of the Singapore Fintech Festival (SFF). We want to provide a better experience to our customers.” The three-day Singapore Fintech Festival (SFF) will conclude on November 17. Krishnan also interacted with Singapore-based digital platform supporters as well as the local regulator and central bank, the Monetary Authority of Singapore (MAS).

Services in multiple countries

“Given the large number of Indian expatriates in Singapore, we are continuously working on remittances between India and Singapore,” he said. SBI currently offers ‘YONO Global’ services in nine countries. It was started from Britain in September 2019. The ‘balance sheet’ of SBI’s foreign operations is about US $ 78 billion. In Singapore, SBI will launch its ‘YONO Global’ app in conjunction with ‘Pay-Now’.

The post SBI customers should be alert! New update on SBI Yono app first appeared on Rightsofemployees.com.

No such message has been sent by SBI. All customers should be cautious of these fake messages and do not respond to them. Such messages are being sent by fraudsters. You may be cheated if you answer.

Messages of account closure are coming

It is written in these messages that dear SBI account holder, your account will be blocked today. Please click on the link sent to update your PAN Card number. The bank has alerted customers not to respond to any email or message sent to share banking details. If you receive such a message, immediately report it to ‘report.phishing@sbi.co.in’ .

According to SBI guidelines, do not give account number, password, PIN or CVV number to anyone. Immediately complain against anyone asking for such information while updating the information, activating the account, calling or on the website. The bank said that you can also call the cyber crime helpline number 1930. You can also complain on their website https://cybercrime.gov.in/ .

This is how you can get full money in case of fraud

Most people do nothing when banking fraud occurs. In such cases the police also show reluctance. But, by taking immediate action you can get the entire money back. According to the Reserve Bank of India (RBI), you can avoid losses by giving timely information about cyber fraud to your bank. Banks take insurance policy for cyber fraud. The bank informs the insurance company about the fraud that happened to you. After the paperwork, the bank will take money from the insurance company and compensate for your loss.

If information is not given within 3 days, there will be loss

The most important thing is that you have to inform the bank about the fraud within 3 days. If you delay in this, it may be difficult to compensate for the loss. According to RBI, if information is given within the stipulated time, the amount will be returned within 10 days. If the fraud is reported after 4 to 7 days, the customer will have to bear a loss of up to Rs 25 thousand.

The post SBI customers! SBI issues alert on fake messages customers are receiving, see what the bank said.. first appeared on Rightsofemployees.com.

Yes, State Bank of India has taken steps to change the rules of its locker. According to the information, the new rules of bank locker will be made effective after 30 June 2023. If you have a locker in SBI, then you must contact your branch without delay.

SBI tweeted

Yes, want to sign this new agreement. State Bank of India has made a tweet appealing to the customers who have taken the locker to sign the new agreement, in which the bank has said, “Dear customer, please visit your branch for settlement of the revised locker agreement. If you have already Even if you have already signed the updated agreement, you need to sign the supplementary agreement.”

Knowing the new rule of the locker will jump with joy, according to the new bank locker agreement, if there is a loss in the locker, the bank will compensate its customers. For this, a new agreement will have to be signed. RBI has already said in this regard that the customers who will sign this new agreement immediately, they will start getting many benefits from the same time.

Please tell that till now there was no such provision. After signing the new agreement, the bank will indemnify the locker for theft, burglary, robbery, negligence of the bank or any other incident on the part of its employees. This compensation will be up to 100 times the annual rent of the locker.

Customers taking lockers should contact their bank immediately

RBI has also appealed to the customers to sign a new agreement with their banks as per the circular issued on January 23, 2023. Keep this in mind that the new locker agreement has been prepared on the instructions of RBI. In such a situation, apart from SBI, those who have other bank lockers will also have to sign this agreement.

The post New Bank Locker Agreement: RBI issues new guidelines for locker holders in public sector banks, reach your branch immediately first appeared on Rightsofemployees.com.

If you are a credit card (SBI Card) user of State Bank of India, then there is important news for you. Actually, State Bank of India Cards and Payment Services (SBI Cards & Payment Services) has changed some rules from May 1, 2023. The company has given this information on its website.

Explain that State Bank of India Cards and Payment Services issues many credit cards and offers vary depending on the type of card.

Latest Changes in SBI Credit Card-
According to SBI Card’s website, AURUM cardholders will no longer get Rs 5,000 coupon from RBL Luxe on Rs 5 lakh milestone spend, but instead from May 1, 2023 Voucher will be received from Tata CLiQ Luxury.

Benefits of Easy Diner Prime and Lenskart Gold membership will not be available in AURUM Card from May 1.

1X reward point instead of 5X reward point from May 1, 2023, on rent payment transactions through SimplyClick SBI Card and SimplyClick Advantage.

From April 1, 2023, SBI Card has started earning 5X Reward Points instead of 10X Reward Points on Lenskart Online Shopping with SimplyClick SBI Card and SimplyClick Advantage. However, your card will still earn 10X reward points on online purchases from Apollo 24X7, Bookmyshow, Cleartrip, EasyDiner and Netmeds.

The company has increased the processing fee on Rent Payments through credit cards. SBI Card had told in the SMS sent to the users that now they will have to pay Rs 199 + taxes instead of Rs 99 + taxes. These rules have come into effect from March 17, 2023.

You may also like

The post SBI Payment Rules Changed: Big update for SBI customers, bank changed payment rules, check immediately first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

Under the new planning of the bank, the customer can be identified through the irises of the banking executive or at the Customer Care Center. The idea is going on to provide the identification facility ‘IRIS Scanner’ from SBI.

No need to visit home branch

With the facility of ‘IRIS Scanner’ near the bank executive, customers belonging to the senior citizen category will not need to visit the home branch. After this facility, they will be able to withdraw pension from their nearest ‘Bank Mitra’ center only. In a statement from SBI, it was said that it is trialling the option of installing ‘Iris scanner’ with its ‘Bank Mitra’ operators. This will reduce the challenges of senior citizen account holders and pensioners.

Trouble if fingerprints are not confirmed

With the help of ‘IRIS Scanner’, the identity of any person can be confirmed through the pupils of the eyes. Nowadays, a similar facility is used in all the offices to record the attendance of the employees. Recently, an elderly woman in Odisha’s Navrangpur district went to a bank friend to withdraw her pension. Here he had a lot of trouble because his fingers were not confirmed. It was also said on behalf of the bank that to avoid such a situation, possibilities of installing iris scanner are being explored.

The post SBI Start New Service: New facility will be started for SBI customers, such customers will be benefited first appeared on Rightsofemployees.com.

If you also have an account in this government bank of the country, then now the bank is giving you full Rs 57,000. Yes… Many facilities are provided by the bank to the customers from time to time. Now you also have a chance to get this money.

If you also get RD done in SBI, then you will get full Rs 57,658 extra. Let us tell you how-

Will get Rs 57,658 RD i.e. Recurring Deposit Scheme is a scheme in which money is deducted from your account every month. For example, suppose you have made an RD of Rs 5,000 per month for 5 years and you are getting interest at the rate of 6.75%, then according to this you will get Rs 57,658 extra on maturity.

You will have to deposit 3 lakh rupees in 5 years, let us tell you that in 5 years, your investment will be 3 lakh rupees according to 5000 rupees every month, but you will get full 3,57,658 lakh rupees on maturity. Out of this Rs 3 lakh will be your investment amount and Rs 57,658 will be the interest amount.

How much benefit are senior citizens getting?

Let us tell you that SBI gives senior citizens the benefit of higher interest than normal customers on recurring deposits. If a senior citizen invests in RD scheme, then he gets the benefit of interest ranging from 6.75 percent to 7.25 percent.

For how many months can I invest?

You can get RD done in SBI from 12 months to 120 months. In this, you can start with a minimum investment of Rs 100. You can also deposit just Rs 1,000 every month in SBI’s recurring deposit scheme. It depends on you how much money you want to deposit every month.

The post SBI Account: Lottery of crores of SBI customers, bank is giving 57,000 rupees to every customer, money will come directly into the account first appeared on Rightsofemployees.com.

The country’s largest bank State Bank of India (SBI) has given relief to crores of its customers. The bank has kept the Marginal Cost Based Lending Rate (MCLR) used in determining the interest rate of the loan as before.

Most consumer loans are based on a one-year marginal cost based lending rate. In such a situation, personal loan, auto and home loan rates can remain unchanged due to no change in MCLR. Now you will not have to pay more EMI than before on taking the loan.

Latest interest rates of State Bank of India

The bank has kept MCLR at 7.95 per cent for loans with a tenure of one day while the interest rate for loans with a tenure of 1 month and 3 months will be 8.10 per cent. If you go to take a loan of 6 months from SBI now, then you will have to pay interest according to the MCLR of 8.40 percent. At the same time, the interest rates for loans of one year, 2 years and 3 years have been retained at 8.50 per cent, 8.60 per cent and 8.70 per cent respectively. According to SBI’s website, these rates are effective from April 15, 2023.

What is MCLR?

Significantly, MCLR is a method developed by the Reserve Bank of India, on the basis of which banks determine the interest rate for loans. MCLR is the minimum interest rate below which the bank cannot give any loan.

The pace of increase in the repo rate stopped after 6 consecutive shocks.

Let us tell you that in the first RBI MPC meeting of the new financial year, it has been announced to keep the repo rate stable. The repo rate has been retained at 6.50 per cent. Earlier, RBI had increased the repo rate by 2.50 percent from May 2022 to February 2023.

The post Big Relief for crores of SBI customers! Bank did not change MCLR, check latest interest rates first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

Additional interest to senior citizen customers:

Under this scheme, the bank is giving 7.40% interest to its general customers and 7.90% additional interest to its senior citizen customers for the same period by 50 basis points. Let us know who can invest in FD under this scheme and with what amount they can start.

You can start FD with this much rupees

In this scheme of State Bank of India (SBI), resident individuals and non-individual customers can open their FD account. Keep in mind, minors and non-resident Indians (NRIs) cannot invest under this special FD scheme of the bank. In this scheme, you can start FD with a minimum of 15.01 lakhs. On the other hand, you can invest in this special FD scheme up to a maximum of Rs 2 crore.

7.50% interest will be available here, on the other hand State Bank of India (SBI) is giving 3% to 7.10% interest to its general customers. While the bank is giving 3.50% to 7.50% interest to its senior citizen customers. You can do FD in the bank for a time period ranging from 7 days to 10 years. Apart from this, the bank is offering an interest of 6.50% for its general customers and 7.50% for its senior citizen customers under its tax saving FD.

The post SBI customers: Good News! SBI launches 2-year special FD scheme, will get around 8% interest first appeared on Rightsofemployees.com.

Giving information to the customers, SBI Cards and Payment Services has told that it will affect the customers using SBI Credit Card. The bank has increased the card fee. This amendment will be applicable from 17 March 2023.

Information about this has been given by sending messages and mails from SBI Card. SBI Cards has told that users paying their fare through credit card will now be charged Rs 199 plus other applicable taxes.

Let us tell you that in November 2022, SBI Card had increased the payment fee in credit card fare to Rs 99 plus 18% GST, but instead of Rs 99 plus applicable taxes, now Rs 199 plus tax will be charged from them. Customers were informed about this. Giving information to the customers, the company has told that the new rates will be implemented soon.

SBI Card has told that it is increasing the processing fee in the payment of rent. The charges on SBI Credit Card rental payment transactions are being revised. Let us tell you that before this ICICI Bank, HDFC Bank and Kotak Bank have also increased.

Let us tell you that from February 15, 2023, Kotak Bank has collected 1 percent of the transaction amount and GST charge. At the same time, Bank of Baroda has also charged a transaction fee of 1 percent. HDFC Bank has also changed the rewards points. ICICI Bank has also changed the rates from 20 October 2022.

The post SBI Card Charges Increased: Big news for sbi customers! There will be a big change in the rules after 2 days first appeared on Rightsofemployees.com.

SBI is giving the benefit of 7.1 per cent rate on 400 days FD. With this, there has been an increase of 25 basis points on the amount less than Rs 2 crore. You can take advantage of this till 31 March. Let us tell you how you will get the benefit of Rs 40,088.

Extra will get Rs 40,088

State Bank of India (SBI) has increased the interest rates on its special scheme. If you deposit Rs 5 lakh, you will get Rs 5,40,088 after maturity. Please tell that in this you will get Rs 40,088 as interest. This is your fixed income. You can avail this benefit through any branch.

State Bank of India (SBI) has increased the interest rates on its special scheme. If you deposit Rs 5 lakh, you will get Rs 5,40,088 after maturity. Please tell that in this you will get Rs 40,088 as interest. This is your fixed income. You can avail this benefit through any branch.

Apart from this, if we talk about deposits of less than Rs 2 crore, then the bank has increased 25 basis points on this. SBI’s first 1 year maturity FD is getting 6.75% benefit. Now there has been an increase of 0.05 per cent on this, after which a profit of 6.80 per cent is being received. At the same time, earlier 6.75 percent interest was being received on FD of 2 years and now the benefit of 7 percent interest is being received.

If we talk about FD with maturity of 3 years, earlier it was getting benefit at the rate of 6.25 per cent, while now it will get benefit of 6.50 per cent interest. At the same time, instead of the earlier 6.25 percent, 6.50 percent interest is now being received on FDs with maturity of 5 years. Let us tell you that the new rates of the bank have come into effect from 15 February.

The post SBI customers! Bank is giving full benefit of 40,000, money will come in the account immediately! first appeared on Rightsofemployees.com.

This amendment will be applicable from 17 March 2023. Information given by sending mail Information about this has been given by sending message and mail from SBI Card. SBI Cards has told that users paying their fare through credit card will now be charged Rs 199 plus other applicable taxes.

Revised rates will be applicable

Let us tell you that in November 2022, SBI Card had increased the payment fee in credit card fare to Rs 99 plus 18% GST, but instead of Rs 99 plus applicable taxes, now Rs 199 plus tax will be charged from them. Customers were informed about this. Giving information to the customers, the company has told that the new rates will be implemented soon.

Many banks have already increased

SBI Card has told that it is increasing the processing fee in the payment of rent. The charges on SBI Credit Card rental payment transactions are being revised. Let us tell you that before this ICICI Bank, HDFC Bank and Kotak Bank have also increased.

Let us tell you that from February 15, 2023, Kotak Bank has collected 1 percent of the transaction amount and GST charge. At the same time, Bank of Baroda has also charged a transaction fee of 1 percent. HDFC Bank has also changed the rewards points. ICICI Bank has also changed the rates from 20 October 2022.

The post Big shock to SBI customers: Big news! SBI Bank is going to make this big change regarding payment services, check details first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

You can open an RD with a minimum investment of Rs 100 in SBI. In RD, the account is opened for 12 months to 10 years. Now SBI has increased the interest on some RDs. RBI had recently increased the repo rate to control inflation.∃

Recurring Deposit (RD) of SBI

SBI RD interest rates for general public vary between 6.5%-7%. In this, senior citizens get an additional interest of 50 basis points ie 0.50. 6.8% interest will be available for RD of one year to 2 years. Interest has been increased by 0.25 percent on RD from two years to less than three years. Now it will get 7% interest which was earlier 6.75%. 6.5% interest is being received for RD of three years to less than five years. The interest rate for FDs of five years to 10 years is 6.5%.

The post SBI RD Rate Increased: Good News for SBI customers! Now increased interest on RD, know new FD rate first appeared on Rightsofemployees.com.

Meanwhile, State Bank of India (SBI) has decided to increase its fixed deposit ie FD rates by 25 basis points or 0.25 per cent. SBI has increased the interest on FDs up to Rs 2 crore. According to information received from SBI’s website, the revised rates of SBI on FDs have become effective from February 15, 2023.

What are the new FD rates of SBI

– 7 days to 45 days – 3%
46 days to 179 days – 4.5%
180 days to 210 days – 5.25%
211 days to less than 1 year – 5.75%
1 year to less than 2 years – 6.80%
2 years to less than 3 years – 7.00%
3 years to less than 5 years – 6.50%
5 years and up to 10 years – 6.50%

Increase in repo rate for the sixth time in a row

Let us tell you that on February 8, RBI has once again increased the repo rate by 25 basis points. This is the increase in the repo rate for the sixth consecutive time. After the monetary policy meeting, RBI Governor Shaktikanta Das said that the pressure of rising inflation across the world is also on India and to overcome it completely, it has become necessary to increase the loan interest rates once again. However, this time the repo rate is being increased by only 0.25 percent.

The post SBI FD Rate Hike: Good news for SBI customers, bank increased interest on FD, check rates first appeared on Rightsofemployees.com.

Now taking a loan from the bank will become expensive. The new rates of the bank have come into effect from February 15, 2023. Explain that after increasing the repo rate, many banks have increased MCLR.

Most consumer loans are based on a one-year marginal cost based lending rate. In such a situation, personal loan, auto and home loan can become expensive due to increase in MCLR. Now you will have to pay more EMI than before on taking the loan. This will have a direct impact on the pockets of the customers.

New MCLR rates

SBI has increased the overnight MCLR rate to 7.95 percent, MCLR rate for 1 month to 8.10 percent and MCLR rate for 3 months to 8.10 percent. At the same time, the bank’s MCLR rate increased by 10 basis points to 8.40 percent for 6 months, MCLR from 8.40 percent to 8.50 percent for 1 year, MCLR from 8.50 percent to 8.60 percent for 2 years and MCLR from 8.60 percent to 8.70 percent for 3 years. Is.

What is MCLR?

Significantly, MCLR is a method developed by the Reserve Bank of India, on the basis of which banks determine the interest rate for loans. Before that, all the banks used to fix the interest rate for the customers on the basis of base rate only.

Increase in repo rate for the sixth time in a row

Let us tell you that on February 8, RBI has once again increased the repo rate by 25 basis points. This is the increase in the repo rate for the sixth consecutive time. After the monetary policy meeting, Reserve Bank Governor Shaktikanta Das said that the pressure of rising inflation in the world is also on India and to overcome it completely, it has become necessary to increase the interest rates of loans once again. However, this time the repo rate is being increased by only 0.25 percent.

The post Big news for crores of SBI customers! Bank increased interest on loan, new rates applicable from today first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules Change: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

But if your bank branch is away from home due to job or any other reason and you want it in the nearest branch then it can be transferred. You can also do branch transfer of bank account online sitting at home. For example, if you have an account with the country’s largest government bank SBI, how can it be transferred to the nearest branch?

Change your SBI branch like this

Step-1: First of all visit the official website of the bank onlinesbi.com

Step-2: Click on personal banking option

Step-3: Go to name and password Step

-4: E-services tab will be visible, click here Step-

5: Go to Transfer Saving Account

Step-6: Select your account to be transferred

Step-7: Enter IFSC Code of the branch you want to transfer

Step-8: Check all the information once again, then click on confirm button Click

Step-9: OTP will come on the registered mobile number. Fill it and confirm

Step-10: Within a few days your account will be transferred to your branch

Call the helpline number for any complaint or information related to the bank

If you are an SBI customer and you have any problem related to banking services or bank account, then you can lodge a complaint by calling the toll free number of the bank. For this you have to call 1800 1234, 1800 2100, 1800 11 2211, 1800 425 3800 and 080-26599990. Also you can email your complaint to customercare@sbi.co.in and contactcentre@sbi.co.in.

The post SBI Branch Change: SBI customers can change their branch sitting at home, know step by step process first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash withdrawal guideline: SBI issued new guidelines for withdrawing cash from ATMs, read full details first appeared on Rightsofemployees.com.

State Bank of India has started a new facility for senior citizens. Under this, now they can get their pension slip through the messaging platform WhatsApp. The country’s largest bank wrote on its official handle, “Now get your pension slip on WhatsApp and avail this service without any hassle. To take advantage of this, send “Hi” to 9022690226 through WhatsApp.

When you send Hi through WhatsApp to +91 9022690226, you will get a message from the bank with three options. These messages are as follows- Balance Enquiry, Mini Statement and Pension Slip. Here you have to select the pension slip and enter the name of the month for which you want the slip. After this you will get a message regarding processing the pension details and then you will get the pension slip.

Now get your pension slip over WhatsApp!
Avail hassle-free service at your comfort.
Send a "Hi" on +91 9022690226 over WhatsApp to avail the service. #SBI #AmritMahotsav #WhatsAppBanking #PensionSlip pic.twitter.com/rGgXMTup32

— State Bank of India (@TheOfficialSBI) November 17, 2022

You will have to register to avail the services.

You can also check account balance and mini statement in the same way. To take advantage of SBI’s WhatsApp banking, the account holder must first register himself. For registration, the account holder has to send his account number with space followed by the text ‘WARG’ to 7208933148. Send this message from the same number linked to your SBI account. When the registration is complete, you will get a message on WhatsApp from SBI number 90226 90226. You have to send ‘Hi SBI’ to this number. After this, you can take advantage of SBI’s WhatsApp service through instructions.

SBI is the largest bank in the country SBI is the largest bank in the country in terms of assets, deposits, branches, customers and employees. The bank has so far provided home loans to the maximum number of 30 lakh families in the country. Accordingly, it is also the largest mortgage lender in the country. As on March 31 this year, the home loan portfolio of the bank is about Rs 5.62 lakh crore. SBI is also at the forefront of social media followers on Facebook and Twitter.

The post SBI customers can also get pension slip through WhatsApp, know what is the process first appeared on Rightsofemployees.com.

SBI WhatsApp Services: A very good news is coming for the customers of State Bank of India. In order to fulfill the dreams of a digital India, SBI has started a great service to provide better facilities to its customers. 

Due to which the customers of the bank will not have to visit the branch. A very good news is coming for the customers of State Bank of India. In order to fulfill the dreams of a digital India, SBI has started a great service to provide better facilities to its customers. Due to which the customers of the bank will not have to visit the branch. Yes, the pensioners will no longer need to visit the branch to get the pension slip as the bank will send the pension slip to the registered mobile number of its customers on writing just one Hi.

The post Good news for crores of SBI customers, now this big work will be done anywhere and anytime on WhatsApp first appeared on Rightsofemployees.com.

There is good news for SBI customers. The bank has now changed the rule of cash withdrawal from ATM. Now you have to give a special number to withdraw cash from SBI ATM. If you do not enter this number then your cash will get stuck. Actually, the bank has taken this step to make ATM transactions more secure. Let us know about this rule.

According to the information given by the bank, under this new rule, the customer cannot withdraw cash without OTP. In this, at the time of cash withdrawal, customers get an OTP on their mobile phones, which is entered only after cash is withdrawn from the ATM.

Bank has given information

The bank has already informed about this rule. The bank said, ‘Our OTP based cash withdrawal system for transactions at SBI ATMs is an immunization against fraudsters. Protecting you from fraud will always be our top priority. SBI customers should be aware of how the OTP based cash withdrawal system will work.

Know what is the rule?

Let us tell you that to save customers from fraud, the bank has implemented a new rule on withdrawal of Rs 10,000 and above. Under this, SBI allows customers to withdraw Rs 10,000 and above from their ATM every time with an OTP sent to their registered mobile number from their bank account and their debit card PIN. Let’s know its complete process.

Know the complete process here

For this you will need an OTP, without which you will not be able to withdraw up cash.
– An OTP will be sent to your registered mobile number.
– This OTP will be a four digit number which the customer will get for a single transaction.
– Once you enter the amount you want to withdraw, you will be asked to enter the OTP on the ATM screen.
– You will have to enter the OTP received on the mobile number registered with the bank in this screen for cash withdrawal.

Why did the bank take this step?

Why the need for OTP based cash withdrawal? On the question, the bank said, ‘This step has been taken so that the customers can be saved from fraud.’ Actually, SBI is the largest public sector bank in the country. It has the largest network of 22,224 branches and 63,906 ATM/CDM with 71,705 BC outlets in India. The number of customers using internet banking and mobile banking are around 9.1 crore and 2 crore respectively.

The post SBI ATM Rule: Big news for SBI customers, change in ATM cash transaction rules again, know otherwise money will get stuck first appeared on Rightsofemployees.com.

There is good news for pensioners. Now pensioners can submit life certificate through video call sitting at home. Actually, SBI and Bank of Baroda have given the facility to their customers to submit their life certificate through a simple video call. That is, now pensioners can easily submit their life certificate through video call sitting at home. SBI and BoB have given information about this in a tweet.

Bank gave information

Let us tell you that the life certificate is submitted in November. You can deposit it anytime throughout the month. If a pensioner fails to do so, then his pension can be stopped. Now it can also be deposited in digital form. SBI and Bank of Baroda have informed by tweeting that you can take the help of video call to submit your Annual Life Certificate. Through this facility, you can submit life certificate sitting at home only through video call.

This is how BOB customers submit life certificate

1. For this you first click on the official website of the bank, Bankofbaroda.com.
2. Now enter the PPO number and account number from which your pension comes.
3. Now enter the One Time Password (OTP) received on your registered mobile number with SBI and Aadhaar and click on submit button.
4. After this choose one of the options given here.
5. After this select the Call Now or Later option.
6. Now you will be made a video call by the bank and after that BOB agent will appear in front of you.
7. After this you have to fill your photo ID and further details.
8. OTP will come again on the registered mobile number of Aadhar, which should be re-entered.
9. After this you submit your life certificate.

SBI customers submit certificates like this

1. Pensioners visit the ‘SBI pensions seva’ website and click on the ‘VidioLc’ link at the top.
2. Now submit the account number in which you get your pension, then enter the captcha and tick the checkbox to use your Aadhaar data.
3. After that, on the basis of your valid account number, an OTP will come on the mobile number linked to your Aadhaar card.
4. After this submit your required certificates and click on Next. Now schedule an appointment for the video call on the new page as per your convenience.
5. A confirmation will be sent to you through SMS and email.
6. After confirmation, join the video call as per schedule. You will have to read a verification code and also show your PAN card in the call with the bank official.
7. Hold the camera after verification so that the bank official can capture your face clearly.
8. At the end of the session a message will confirm that your information has been recorded.
9. After this, information about ‘Video Life Certificate Service’ will be given to the pensioners through SMS.

The post Pension News: Big news for pensioners! Changed the rules for submitting Life Certificate, it is important for you to know first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules: Big news for SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

The bank has made this big change to protect its customers from fraud. Soon this rule will be seen applicable on SBI ATMs. This rule will act as an additional safeguard against unauthorized transactions.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules Change: Attention SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules Change: Big news SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

New Delhi. After the increase in the repo rate by the Reserve Bank of India (RBI), banks have also started increasing the interest rates. Apart from increasing the interest rate on loans, interest rates on bank deposits have also started increasing. At the same time, the public sector State Bank of India (SBI) has increased interest rates on savings accounts and fixed deposits (FD).

The new rates effective from October 15, 2022, 

SBI announced this on Saturday (October 15). The bank has increased the interest rates by up to 20 basis points on FDs and up to 25 basis points on savings accounts. SBI has revised its interest rate from 2.75 per cent per annum to 2.70 per cent per annum on savings account balance of less than Rs 10 crore. The bank has reduced the interest rate from 2.75 per cent per annum to 3.00 per cent per annum on savings account balance of Rs 10 crore and above.

SBI Video KYC Savings Account, Basic Savings Bank Deposit Account, Basic Savings Bank Deposit Small Account, Savings Bank Account, Savings Account for Minors, Savings Plus Account, Insta Plus Video KYC Savings Account, SBI Video KYC Savings Account, Insta Plus Video KYC Savings Account for its customers. does.

RBI increased the repo rate by 0.5 percent to 5.9 percent Recently RBI increased the repo rate by 0.5 percent to 5.9 percent. This is its 3 year high. The RBI has taken this step to control retail inflation and to deal with the pressure generated by aggressive rate hikes by central banks of various countries. Earlier, after 0.40 per cent increase in May, there was an increase of 0.50-0.50 per cent in June and August. Overall, since May till now, RBI has increased the repo rate by 1.90 percent.

Many banks have increased FD rates, let us tell you that recently RBL Bank, ICICI Bank, Axis Bank, CSB Bank Ltd., Kotak Mahindra

Bank, Canara Bank, Indian Overseas Bank etc. have also increased their fixed deposit rates. This process of increasing the rates has started after the increase in the repo rates by the RBI.

The post Good news for SBI customers, bank hikes savings account interest rates, check latest rates first appeared on Rightsofemployees.com.

According to the new rule, customers cannot withdraw cash from ATMs without OTP. At the time of cash withdrawal, customers will get an OTP on the registered mobile number. Cash can be withdrawn only after entering the OTP.

SBI said, “Our OTP-based cash withdrawal system for transactions at SBI ATMs is a vaccination against fraudsters. Protecting you from fraud will always be our top priority. SBI customers should know how the OTP based cash withdrawal system will work.

According to the bank, the new rule is applicable only on withdrawals of Rs 10,000 and above. While making withdrawals, customers need to enter OTP along with Debit Card PIN.

understand step by step

OTP will be a four digit number that the customer will get for a single transaction.

Once you have entered the amount you wish to withdraw, you will be asked to enter the OTP on the ATM screen.

You will have to enter the OTP received on the mobile number registered with the bank.

The post Alert for SBI customers! Without doing this you cannot withdraw cash from ATM first appeared on Rightsofemployees.com.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post Bank Cash withdrawal Rule: Attention SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules Change: Attention SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules Change: Attention SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

This scheme was started in May 2020 Let us tell you that SBI ‘WECARE’ scheme was started for senior citizens by the bank in May 2020 during the Corona period. Earlier this scheme was started till September 2020, but now it has been extended several times by the bank.

On investing in this scheme, senior citizens will get 50 basis points more interest
on their retail FDs than the general public on FDs of 5 years and above, in addition to 30 basis points additional interest is paid by the bank. SBI has written in its website that the “SBI WeCare” deposit scheme has been extended till March 31, 2023.

How much interest will be received The bank has told that the FD maturing in 7 days to 10 years is getting the benefit of interest ranging from 2.90 percent to 5.65 percent. At the same time, senior citizens are getting interest ranging from 3.40 percent to 6.45 percent. The bank had changed its interest rates on 13 August 2022.

The country’s largest lender has launched a limited edition brand new term deposit program named “Utsav Deposit” to commemorate the country’s 76th Independence Day . Starting from August 15, 2022, this fixed deposit will get an interest rate of 6.1 percent. This deal is available for 75 days only or till 30 October 2022.

The post Crores of SBI customers will get this big benefit on FD, the bank has given information, check quickly first appeared on Rightsofemployees.com.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules Change: Attention SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

State Bank of India has introduced a new service. The bank is now starting SMS service to check the balance of FASTag, through which users will now be able to know the balance of FASTag in seconds. The bank gave information about this in a tweet on Saturday, 9 September. It has been told that customers using SBI’s FASTag can now know their SBI FASTag balance by sending an SMS to 7208820019 from their registered number. The bank has also told you how to send the message.

Dear SBI FASTag Customer, send an SMS to 7208820019 from your registered mobile number to quickly know your SBI FASTag balance. #SBIFastag #SBI #AmritMahotsav pic.twitter.com/mDQQgDl7Mv

— State Bank of India (@TheOfficialSBI) September 10, 2022

If you want to know the balance of FASTag installed on a vehicle, then you have to send SMS by writing FTBAL to the number 7208820019. At the same time, if you have many vehicles, and want to check the balance of all FASTag, then you have to write – FTBAL <Vehicle Number> and send it to 7208820019.

You have to send the message from your mobile number registered with SBI FASTag. Within a few seconds of this, you will know your FASTag balance.

FASTag is a sticker on vehicles that works with RFID (Radio Frequency Identification) technology. It has expanded rapidly in the last few years in India for collecting toll tax. You put it on the windscreen of the vehicle and then you do not need to pay cash the next time you pass through the toll plaza. The machine that scans FASTag scans your tag and whatever account is linked to that tag, money is deducted directly from it.

Under the Central Motor Vehicles Rules (CMVR), 1989 of the Ministry of Road Transport, it has been made mandatory to install FASTag on vehicles from January 1, 2022. This rule is applicable to M and N class four wheelers or larger vehicles, which either carry passengers or carry goods.

The post Good News for SBI Customers! Bank launches new SMS service, now check FASTag balance in seconds first appeared on Rightsofemployees.com.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules Change: Attention SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

Now State Bank of India customers can check their account balance and mini statement of account through Whatsapp.

Along with this, SBI credit card users can get overview of their credit card account, rewards received, unpaid balance and other information through Whatsapp. SBI has given this information on its Twitter handle.

Banking can be done through WhatsApp

SBI Bank has launched WhatsApp Banking service for its customers. Banking service has been started keeping in view the convenience of the customers.

SBI customers can easily check their bank balance through WhatsApp Banking. They can also check the mini statement through this WhatsApp banking and get it on WhatsApp.

What is SBI WhatsApp number

SBI has released its new banking service number for WhatsApp Banking. You can save the SBI WhatsApp service number +919022690226 in your mobile.

You have to get yourself registered to avail this service. You can use WhatsApp banking service only if you get yourself registered with it.

How to Register Yourself

After doing this you will be registered for SBI WhatsApp service. After the registration is complete, you will have to send it by typing ‘HI’ in the WhatsApp chat box of SBI. With this, the service menu will come on your mobile. Now you can use SBI’s Whatsapp service for whatever you want.

The post SBI Customers Good News: SBI started a new service for its customers, you can also take advantage first appeared on Rightsofemployees.com.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI
ATM OTP will come Enter the OTP received on your phone on the ATM screen
After entering the valid OTP, the transaction will be completed

The post Attention SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.

According to the bank, while completing the transaction, the bank customers will have to share the OTP while withdrawing cash from the ATM, so that it is ensured that the ATM user is the right user. OTP is a system-generated four-digit number that the bank will send to the customer’s registered mobile number. This OTP will authenticate the cash withdrawal and will be valid for only one transaction.

OTP cash withdrawal started from January 1, 2020

The country’s largest lending bank SBI had started OTP-based cash withdrawal services from January 1, 2020. SBI has been creating awareness about ATM frauds through social media and other platforms from time to time. It is appealing to all its customers to avail the service.

OTP will be required in transactions of 10 thousand or above

Now this service will come in handy for SBI customers at the time of withdrawing cash from ATMs. SBI made these rules in view of the increasing fraud, cyber crime. Let us tell you that customers withdrawing Rs 10,000 or more in a single transaction from SBI ATMs will require OTP to complete the transaction.

Withdraw cash using OTP

You must have your Debit Card and Mobile Phone while withdrawing cash from SBI ATM OTP will come Enter the OTP received on your phone on the ATM screen After entering the valid OTP, the transaction will be completed

The post ATM Cash Withdrawal Rules Change: Attention SBI customers, now the method of withdrawing cash from ATM has changed, read full details first appeared on Rightsofemployees.com.