New Delhi. Bank Rules: This is a significant information for the clients of State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BoB). In reality, the essential guidelines connected with this large number of banks will change.
As indicated by the most recent data, these standards will be material for bank balance holders from February 1, 2022. Banks have given data concerning this to their account holders ordinarily. Banks have requested that the account holders really focus on these standards.
Bank of Baroda rules change
From February 1, Bank of Baroda will change the guidelines connected with the Check Clearance Rule. As per the data given by the bank, for check installment from February 1, clients should follow the Positive Pay System.
This implies that now clients should send the data connected with that check to the bank in the wake of giving their check. In the event that you gave the check and didn’t illuminate it, then, at that point, your check can be sent back, meaning it can not be liquidated. Can be given through SMS, Mobile App, Internet Banking and ATM.
One thing to note here is that this is just for checks with a measure of 10 lakhs or more. On the off chance that you have given a modest quantity check to somebody, you don’t have to follow this cycle. Clarify that RBI has given this new rule to secure against misrepresentation. Many banks have applied for it.
Change in rules of Punjab National Bank
Punjab National Bank (PNB) is additionally going to change a standard. From February 1, assuming the charge of any of your portions or speculations fizzles and the justification behind this is that there is no cash in your account, then, at that point, it will cost you beyond a doubt. For this you should pay a charge of Rs 250.
Till now, just 100 rupees were charged for this. Aside from this, assuming that you drop or drop the interest draft, presently rather than 100, you should pay 150 rupees.
State Bank Of India Rules
If you are a client of State Bank of India (SBI), presently it will be expensive for you to move cash. As indicated by the SBI site, the bank has added another section in IMPS exchanges (IMPS) with impact from February 1, 2022, which goes from Rs 2 lakh to Rs 5 lakh. From the following month between Rs 2 lakh to Rs 5 lakh, the charge for sending cash through IMPS from bank office will be Rs 20 or more GST.
