Updated By: LatestGKGS Desk
State Bank of India 'SBI' Changes Rules From 1st December 2018
State Bank of India 'SBI' Changes Rules From 1st December 2018: Details, Highlights
The State Bank of India (SBI) has changed certain rules and regulations, which will come into effect from 1st December 2018.
The effect of these changes will affect SBI account holders i.e it is necessary to complete the mandatory tasks before these changes come into effect.
The SBI bank has made some major changes, let's have a look at these:
1. SBI's NetBanking Will Stop Working (1st Dec 2018)
SBI will discontinue the net banking service of customers who have not registered their mobile number. This service will be closed by the SBI bank on 1st December 2018. India's largest bank had asked its customers to register mobile numbers by 30th November 2018.
2. SBI's Big App Will Stop Working (1st Dec 2018)
SBI will shut down the Mobile Best Digital App SBI Buddy from 1st Dec 2018. If anyone has left any money in this app then its time to remove it immediately. SBI has now launched its 'Yono app'. Now people are given the facility of Wallet in this app.
3. SBI Asked To Submit Life Certificate (1st December 2018)
SBI has released information for customers. SBI has informed its pension account holders that they have to submit their life certificates before 1st December or their pension account will be closed. In case of failure to deposit life certificate, pension money will not be deposited in their account.
4. Loan To Pensioners Scheme End's (1st December 2018)
If you get a pension from any branch of SBI and want to take a loan on it, then from 1st December this scheme ends. Under this SBI scheme, pensioners who take the loan will not have to pay any kind of procession fee. This loan will be given to those who retire from the central, state and army under the age of 76 years.
