LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

SBI ATM Customers Beware! Don't lose your money, 12 mantras to save yourself

Customers have been losing their money at SBI ATMs and this has forced the bank to release ad highlighting the dos and don'ts.   

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
SBI ATM Customers Beware! Don't lose your money, 12 mantras to save yourself
Representational Image: Photo: IANS
Written By: ZeeBiz WebTeam
Updated: Mon, Oct 01, 2018
11:52 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
SBI account holder? Don't do this, or you will lose money; Bank issues WARNING - check 3 top tips SBI account holder? Don't do this, or you will lose money; Bank issues WARNING - check 3 top tips
SBI Yono Alert: State Bank of India launches 2nd edition of Super Saving Day SBI Yono Alert: State Bank of India launches 2nd edition of Super Saving Day
From SBI Power Demat Account avail benefit of SBI Savings Account - From free ATM card to loans, check out offer by State Bank of India From SBI Power Demat Account avail benefit of SBI Savings Account - From free ATM card to loans, check out offer by State Bank of India
SBI share price: Technical Analysis for investors by Bonanza Portfolio SBI share price: Technical Analysis for investors by Bonanza Portfolio
SBI mega e-Auction: Chance to buy your dream home, other properties at affordable prices  SBI mega e-Auction: Chance to buy your dream home, other properties at affordable prices

The largest lender State Bank of India (SBI) has taken a series of measures when it comes to bank ATM transactions to ensure that its customers do not lose their money to fraud. In a latest move it has been revealed that, SBI has halved daily ATM withdrawal limit up to Rs 20,000 from previous Rs 40,000. The reason cited by the bank to do this is to stop ATM frauds. Not only, this SBI also recently asked its customers to apply for a new SBI EMV Chip Debit Card. The bank has given stringent rule to apply for EMV Chip Card through internet banking or by approaching their home Branch, or else the current card will be blocked. Furthermore, the SBI has been releasing advertisement highlighting dos and don'ts in case of bank ATM transactions. 

SBI has the largest network in the country with more than 43,000 ATMs in India. Apart from any cards issued by SBI, the bank also accepts other banks  cards displaying Maestro, MasterCard, Cirrus, VISA and VISA Electron logos. 

At SBI, the denomination of 100, 200, 500, 1000, 2000, 3000, 5000, 10,000 are available.

However, considering SBI is concerned over fraud arising at ATMs, the bank has laid out 12 golden mantras or rules for its customers to ensure they don''t get the shock of their lives about losing money. These 12 mantras are listed below:

1. Please sign on the reverse of the card immediately on receipt.

2. Change your ATM PIN regularly.

3. Never keep the PIN with the debit card or write on it. Always memorize it.

4. Do not provide the ATM card and PIN details to anyone, including Bank/IBA/RBI/Govt. agency/family/friends, etc. Bank or any other institution will never ask for this information.

5. Do not let strangers come in to the ATM room or take their help to complete the transactions.

6. Hide the keypad while keying in your PIN at ATM/POS terminals.

7. Do not throw your transaction slip in the ATM room as it contains your account information.

8. Always wait till the ATM returns to the idle mode and the green light is blinking.

9. Insist on swiping your card in your presence in hotels/shops/malls, etc.

10. Never swipe your card at POS machines kept at unknown temporary stalls.

11. Block and destroy your old card, when you get a new one. Register your mobile number at the Branch to get SMS alerts for all transactions

12. Hotlist your card immediately on losing it by calling 1800 425 3800 or 1800 11 22 11.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
SBISBI ATMsSBI EMV Chip debit cardState Bank of India
RELATED NEWS
SBI account holder? Don't do this, or you will lose money; Bank issues WARNING - check 3 top tips SBI account holder? Don't do this, or you will lose money; Bank issues WARNING - check 3 top tips
SBI Yono Alert: State Bank of India launches 2nd edition of Super Saving Day SBI Yono Alert: State Bank of India launches 2nd edition of Super Saving Day
From SBI Power Demat Account avail benefit of SBI Savings Account - From free ATM card to loans, check out offer by State Bank of India From SBI Power Demat Account avail benefit of SBI Savings Account - From free ATM card to loans, check out offer by State Bank of India
SBI share price: Technical Analysis for investors by Bonanza Portfolio SBI share price: Technical Analysis for investors by Bonanza Portfolio
SBI mega e-Auction: Chance to buy your dream home, other properties at affordable prices  SBI mega e-Auction: Chance to buy your dream home, other properties at affordable prices

LATEST NEWS

7th Pay Commission latest news today: DA hike, DR benefit, arrears, ease in LTC — updates that central government employees just cannot miss

NEET 2021 exam date latest news: Candidates check this big update

UP Gram Panchayat Election 2021 Reservation List Latest News Today: Check pradhan seat aarakshan details here

Mid-cap Picks with Anil Singhvi: Want big gains? 3 stocks to buy - Aarti Drugs, IRB Infra and Dalmia Bharat Sugar

In chat with Anil Singhvi, KEC International MD and CEO Vimal Kejriwal speaks on company's outlook, debt and more

PayPal to hire over 1,000 engineers for India development centres in 2021

Gujarat not to increase tax rates in Budget 2021-22

Russia tells US not to ''play with fire'' with new sanctions

Hurun Global Rich List 2021: These Indians are in billionaires' club - Check names, rankings

PUBG Update: PUBG New State game may launch in India? Details here

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved