Bank Rules Change From 1 Feb 2022 : If you are a customer of State Bank of India (SBI), Punjab National Bank (PNB) and Bank of Baroda (Bank of Baroda-BoB) then there is important news for you.
Where Bank of Baroda is going to change the rules related to payment by cheque for customers. At the same time, there will be changes related to money transactions for the customers of SBI and PNB. So let’s know everything about it in details-
BoB customers alert- Change in rules related to cheque clearance
Bank of Baroda customers Attention! There is going to be a change in the rule related to cheque clearance rule from 1st February. According to the information given by the bank, confirmation will be mandatory for cheque payment from February 1. If there is no confirmation, the cheque can also be returned. The bank has appealed to the customers – We suggest that you take advantage of the facility of positive pay system for CTS clearing.
SBI customers alert- From February 1, there will be more charge
if you are a customer of SBI, then it is going to be expensive for you to transfer money. According to the SBI website, the bank has added a new slab of Rs 2 lakh to Rs 5 lakh in IMPS transactions with effect from February 1, 2022. From next month between Rs 2 lakh to Rs 5 lakh, the charges for sending money through IMPS from bank branch will be Rs 20 plus GST.
PNB customers alert- In case of debit failure, Rs 250
Punjab National Bank is also going to change an important rule from next month. According to PNB, from February 1, if any of your installments or investments fails due to lack of money in the debit account, then Rs 250 will have to be paid for it. Till now, a charge of Rs 100 was charged for this. If you cancel the demand draft, now you will have to pay Rs 150. For this only 100 rupees were charged.
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