Internet Banking SBI

SBI May Block Internet Banking in These Accounts By 30th Nov !

India’s largest lender State Bank of India (SBI) has released the notification for blocking of  Internet Banking in certain accounts which don’t follow the newly stipulated guidelines. SBI has published the notification on their official websites including Social media official channels. SBI has announced that it will block those internet banking users who have not […]

Internet Banking SBI

How To Transfer Funds in SBI Without Beneficiary Registration ?

Steps to transfer fund through Internet Banking of SBI without Beneficiary registration. Using ‘Quick Transfer’ facility of Internet Banking, customer of SBI can transfer amount up to Rs 10,000/ Per Day to third party without any registration of Benefeciary. Read – How To Self Generate SBI ATM PIN for Debit Card ? How To use ‘Quick Trasfer’ […]

Digital Banking SBI

SBI Launches ‘MOPAD’, All in One PoS Acceptance Services

State Bank of India has launched all in one Pos terminal ‘MOPAD’ to accept any type of digital payments i.e. Credit Cards, Debit Cards, Bharat QR, UPI and SBI Buddy (eWallet). MOPAD stands for ‘Multi-option payment acceptance device‘. SBI insisted that MOPAD will change the existing digital payment services at merchant outlets and customer need […]

Banking News SBI

SBI Orders Recovery of Overtime Pay from “70,000” Associates Bank Staffs

SBI orders recovery of overtime pay from staff of associates bank paid as ‘compensation’  for working overtime during note ban. State Bank of India insisted that the compensation was only for SBI staffs and not intended for associate bank.  The 70,000 officers and employees of associates or e-Abs banks i.e. State Bank of Patiala, State Bank […]

Banking News SBI

SBI Paid Double on Cancellation of Flipkart Orders

This is really beautiful, when you get double refund on not purchasing anything from Flipkart. Recently Moneycontrol has reported an incident where  State Bank of India (SBI) has deposited double the cancelled amount in 39 accounts. The money was once credited on the day of the cancellation and credited again a few days later. SBI already have lost more […]