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HomePersonal FinanceBig news for customers of SBI, PNB and Bank of Baroda! These...

Big news for customers of SBI, PNB and Bank of Baroda! These rules are being changed from February 1, know new rule

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New Delhi . Important news has come out for the bank account holders. Let us tell you that many government banks are going to make a big change in the rules from February 1, if you are also a customer of these banks, then know these rules.


State Bank of India, Punjab National Bank and Bank of Baroda are going to make big changes from 1st February. BoB is making confirmation mandatory for check payments from February 1. If you now send a check without confirmation, it will be returned.

Changes are happening in the rules of these banks from February 1
The same bank has also appealed to the customers that you can also take advantage of the facility of positive pay for CTS clearing. The same Bank of Baroda also told the customers that from February 1, a major change is being made in the rules related to check clearance. If you also pay by check, then keep these rules in mind from 1st February. Clearance is necessary from 1st February onwards, if it is not done then your check can be returned.

State Bank of India also told the customers that from February 1, a new slab will be added in IMPS transactions, due to which more money will have to be spent for the transaction. PNB customers have to pay only ₹ 100 as charge, from February 1, this charge will be increased. On canceling the same demand draft, you will have to pay ₹ 150 charge, earlier you had to pay only ₹ 100. Talking about Punjab National Bank, from February 1, if any of your installment or investment fails due to lack of money in the debit account, then you will have to pay Rs 250 for that.

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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