INSUBCONTINENT EXCLUSIVE:
SBI had earlier announced a free-of-cost replacement of magnetic stripe cards for its customers in a limited-period offer
Under scheme, State Bank of India (SBI) customers were required to apply for a replacement of ATM-cum-debit card by December 31, according
India (RBI)'s direction to commercial banks to migrate from magnetic stripe-based cards to EMV chip-and-pin cards
this free-of-cost conversion of magnetic strip-based cards through channels such as internet banking, mobile app YONO and by way of visiting
Home branch is SBI branch where account of a customer of bank is located.Meanwhile, State Bank of India (SBI) recently reduced daily cash
withdrawal limit applicable to its classic debit card
bank's classic debit card are now able to take out a maximum of Rs 20,000 from ATM in a day, instead of Rs 40,000 previously