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HomePersonal FinanceBank Alert! Did SBI's transaction rules change? Know the truth of the...

Bank Alert! Did SBI’s transaction rules change? Know the truth of the viral message

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PIB in its fact check called all these claims as fake. PIB tweeted from its fact check account that no such rule has been made by the bank. He said that all these claims are fake.



New Delhi. The message related to the transaction of the country’s largest state-run bank SBI (SBI) is going viral. If you also have a savings account in SBI, then this news is very important for you. It is being claimed in the viral message that you can make 40 transactions annually in the savings account. For more than 40 transactions, Rs 57.5 will be deducted from the account balance on every transaction and a total of Rs 173 will be deducted for withdrawing money from ATM more than 4 times.

PIB told these messages as fake

PIB in its fact check called all these claims as fake. PIB tweeted from its fact check account that no such rule has been made by the bank. He said that all these claims are fake. The bank has not changed any rules for doing transactions.

5 free transactions can be done every month

In the past, it was told by PIB Fact that you can do 5 free transactions every month from your bank’s ATM. After this, a maximum of Rs 21 will be payable separately for the transaction or any tax.

Recently, PIB Fact Check had called another viral message as fake. In this viral message, it was being claimed that the Modi government at the Center is giving a loan of Rs 4.78 lakh to Aadhar card holders. In its fact check, PIB has stated that this claim is completely misleading. There is no truth in this. The Modi government at the Center is not going to give any kind of loan to the Aadhar card holders.

What is PIB Fact Check?

PIB Fact Check is the official fact check agency of the Government of India. In the era of social media, many times wrong news starts going viral. In such a situation, PIB Fact Check verifies such news and prevents the spread of misleading news.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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