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SBI New Rule: State Bank of India (SBI), the largest public sector bank in India, has now changed many of its rules. Due to these rules, now you will have to follow a new process to deposit money in the account, otherwise you will not be able to deposit or withdraw money in any branch of SBI. Know which rules have changed by SBI.
Green card will be needed to deposit money
Now if you or any of your relatives have an account in the bank, then it is mandatory for you to have a green card, without this you will not be able to deposit money in your bank account.
You will be able to deposit money in ATM without SBI Green Card
If you do not have SBI Green Card and you still want to deposit money, then you will have to go to any ATM nearest to you, there you will be able to deposit money only through ATM machine. Money will not be deposited in the bank branch.
OTP required to withdraw money from ATM
According to the new rules of State Bank of India, now if you want to withdraw more than 10000 rupees from the bank ATM, then you will need OTP. The bank has made this new rule to prevent fraud with customers. According to this rule, whenever you go to withdraw money from an ATM, a four-digit OTP will come on your phone. You will have to specify this OTP on the ATM screen, only then you will be able to withdraw money. If you don’t give OTP then your money will be stuck.