CUSTOMER CONVENIENCE INITIATIVES TO PROVIDE ADEQUATE LEGAL TENDER
SBI
has made arrangements to ensure maximum convenience to the public. All
our branches will remain open tomorrow until late evening. Besides, all
branches will be open on Saturday 12th November and Sunday 13th
November.
Customers
can withdraw upto Rs.10,000/- during the day. All ATMs across the
Country will become operational from 11th November and customers can
withdraw upto Rs.2000 per card per day. Above transactions are subject to an aggregate withdrawal limit of Rs.20,000/- per week.
SBI Debit Card customers can also withdraw up to Rs. 1000 / Rs. 2000 from any of our 2.3 lac POS machines at merchant outlets.
Exchange
counters are also being set up at branches from 10th November, 2016
where Specified Bank Notes of Rs.1000 and Rs.500 denominations can be
exchanged upto a maximum of Rs.4000/-. Identity document and an exchange
slip duly filled in will be required.
There is no ceiling on deposit of the Specified Bank Notes of Rs.1000 and Rs.500 in the customer’s account with the Bank.
As
of now, SBI has sufficient notes of Rs.100/- denomination to be
dispensed through ATMs & Branches. There is no need for any panic as
Specified Bank Notes can be deposited in the account without any
ceiling upto 30th December, 2016 with the Bank.
Customers
are further requested to avail/make use of alternative modes of payment
such as Debit/Credit Cards, Mobile Banking and Internet Banking. These
modes are very convenient, safe and secure and usage of cash gets
minimize
Regards,
E.R.Iyer
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