Bank Rules: This is an important news for the customers of State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BoB) and ICICI. Banks have given information about this to their account holders many times.
New Delhi. Bank Rules: This is an important news for the customers of State Bank of India (SBI), Punjab National Bank (PNB), ICICI Bank and Bank of Baroda (BoB). Actually, the necessary rules related to these banks have changed. These rules have come into force for bank account holders in three banks from February 1, 2022. The change of one bank will be applicable from February 10. Banks have given information about this to their account holders many times. Banks have asked the account holders to pay special attention to these rules.
Rules related to State Bank of India
If you are a customer of State Bank of India (SBI), now it will be costly for you to transfer money. According to the SBI website, the bank has added a new slab in IMPS transactions (IMPS) with effect from February 1, 2022, which ranges from Rs 2 lakh to Rs 5 lakh. Now between Rs 2 lakh to Rs 5 lakh, the fee for sending through IMPS from the bank branch will be Rs 20 plus GST.
ICICI Bank changed these rules
The changes made by ICICI Bank will be applicable from February 10. From this day, customers of ICICI Bank’s credit cards will have to pay 2.50 percent as transaction fee for every transaction. If there is a check or auto debit return, then you will have to pay a fee of 2 percent on the entire amount. Apart from this, Rs 50 and GST will also be deducted from the savings account of the customer. These charges will be applicable on transactions of at least Rs 500.
Bank of Baroda rules change
From February 1, Bank of Baroda has implemented a change in the rule related to the Cheque Clearance Rule. According to the information given by the bank, for cheque payment from February 1, customers will have to follow the Positive Pay System. This means that now customers will have to send the information related to that cheque to the bank after issuing their cheque. If you issued the cheque and did not inform it, then your cheque can be sent back, meaning it will not be able to be cashed. Can be given through SMS, Mobile App, Internet Banking and ATM.
One thing to note here is that this is only for cheques with an amount of 10 lakhs or more. If you have given a small amount cheque to someone, then you do not need to follow this process. Explain that RBI has issued this new rule to protect against fraud. Many banks have applied for it. Apart from this, there will be no charge on IMPS done through the Yono app.
Change in rules of Punjab National Bank
Punjab National Bank (PNB) has also changed a rule. This rule, which came into force from February 1, says that if the debit of any of your installments or investments fails and the reason for this is that there is no money in your account, then for this you will have to pay a fee of Rs 250. Till now, only 100 rupees were charged for this. Apart from this, if you cancel or cancel the demand draft, now instead of 100, you will have to pay 150 rupees.
