SBI ATM withdrawal New Rules Expanding the convenience of its customers, SBI has implemented OTP for withdrawal of money of 10 thousand and above. The bank has done this so that the customers can be protected from any fraud.
SBI ATM withdrawal New Rules Banking companies are constantly trying new techniques to protect them from cyber frauds. Despite this, cyber criminals are not agreeing. He is taking out every manipulation of the banking companies. In such a situation, banking companies are continuously strengthening the security system. In this direction, to protect customers from fraud, the largest banking company SBI has made some changes in the rules of withdrawal from ATMs.
Always look out for spelling errors, verify the source of the message, do not share your confidential details with strangers. Ensure to check for the correct short code of SBI on receiving an SMS, and do not click on embedded links. Stay alert & #SafeWithSBI. #AmritMahotsav pic.twitter.com/NUlERq5hsk
— State Bank of India (@TheOfficialSBI) March 7, 2022
Without OTP withdrawal not more than 9900
If you are an SBI customer and want to withdraw 10 thousand or more, then you will have to use ATM many times because only 9900 will be withdrawn from the ATM. That too in some special ATMs, usually you will have to withdraw only 9500. That is, if you want to withdraw 20 thousand rupees, then for this you will have to use ATM three times. For the past few days, people have been facing difficulties in withdrawing cash from ATMs. Many times people have to withdraw money using ATM.
Cyber fraud protection objective
Actually SBI, expanding the convenience of its customers, has implemented OTP for withdrawal of money of 10 thousand or above. The bank has done this so that customers can be protected from any fraud, but this OTP service of the bank remains a problem for the people. As soon as the customer enters the amount for withdrawal of 10 thousand or above, then OTP is not coming. In such a situation, customers have to withdraw from ATMs many times. In view of the problems being faced by the customers, SBI has tweeted on its Twitter handle account saying that there is an error in OTP. The bank is working on the error, SBI customers have been informed about this.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
