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Wednesday, October 3, 2018

Shut up the bank's customers before festivals, now no more than ATM withdrawals

Shut up the bank's customers before festivals, now no more than ATM withdrawals
The country's largest bank, State Bank of India (SBI), has decided to reduce the limit of withdrawal of money from ATMs in one day. Since October 31, customers of the bank will not be able to receive more than Rs 20,000 in a day. At present, this limit is 40,000 rupees.
As per the order given to SBI Branches, banks have decided to reduce the limit of cash vendor in order to promote digital-cashless transaction considering the fraud complaints being made in ATM transactions. The debit card given on the classic and the Mastro platform has also reduced the limit of the viola. These reductions festivals have already been started in the cash vendor's limit.
Account holders can increase the risks
SBI has made changes to all ATM transactions in ATM transactions, keeping in mind the complaints coming in ATM transactions. SBI has modified the rules of a debit card called Classic and Maestro. SBI may increase the difficulty of account holders before changing the rules before Diwali.
Although government is stressing on digital transactions, cash demand has not been reduced. According to some estimates, the flow of cash in the market has reached the preceding level. In the last few years, many cases have come up against many cases in which the cheating bank account of the cheating card of the bank can be detected by the stolen camera and electronic device pin.
SBI's big decision before festivals
SBI has said in the order given to Brno, the limit on the amount of cash withdrawal has been reduced, in view of complicated complicity in the ATM transaction and for the purpose of promoting digital-cashless transactions. The debit card limit has been reduced on 'Classic' and 'Maestro' platforms.

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