SBI Customers Alert ...SBI Bank changes rules on cash withdrawals over Rs 10000 from today
Do you have an SBI Savings Account and make ATM transactions.Then this is important news for you. State Bank of India Indias largest lender recently announced new rules for ATM cash withdrawal transactions to ensure customers safety SBI Bank has announced the launch of a onetime password based ATM withdrawals above Rs 10000.
The OTPbased cash withdrawal system will be effective from today i.e January 1 2020 and it will be active between 8 pm to 8 am. The bank tweeted about the development saying Introducing the OTP based cash withdrawal system to help protect you from unauthorised transactions at ATMs. This new safeguard system will be applicable from 1st January 2020 across all SBI ATMs.