SBI net bank­ing ser­vices on ac­counts with­out regis­tered mo­bile num­bers to be blocked

The Free Press Journal - - FRONT PAGE -

The State Bank of In­dia has asked its cus­tomers us­ing its in­ter­net bank­ing ser­vices to reg­is­ter their mo­bile num­bers with the bank by De­cem­ber 1, 2018. Fail­ing to com­ply will lead to net bank­ing ser­vices be­ing blocked on the SBI bank ac­counts with­out regis­tered mo­bile num­bers.

In a no­tice on its web­site www.on­li­, the big­gest lender in In­dia alerted its clien­tele to reg­is­ter their mo­bile num­bers with their home branch to con­tinue us­ing the in­ter­net bank­ing ser­vices.

"At­ten­tion INB users, please reg­is­ter your mo­bile num­ber with us im­me­di­ately, if not al­ready done, through Branch, fail­ing which the In­ter­net Bank­ing fa­cil­ity may be blocked with ef­fect from 01.12.2018," SBI said on its of­fi­cial web­site.

The no­tice by SBI stip­u­lates that cus­tomers will have to reg­is­ter their mo­bile num­bers through branch, mean­ing they will have to visit their home branch to have their mo­bile num­bers regis­tered, if not done al­ready. SBI ac­counts with­out regis­tered mo­bile num­bers will not be li­able to avail in­ter­net bank­ing ser­vices from De­cem­ber 1, 2018.

The in­struc­tion by SBI comes in the light of a cir­cu­lar by the Re­serve Bank of In­dia (RBI) re­leased on July 6, 2017 which man­dates that banks must manda­to­rily ask their cus­tomers to reg­is­ter for SMS alerts as well as e-mail alerts, if an e-mail ID is avail­able for bank­ing trans­ac­tions.

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