SBI account holder? Alert! Lock your SBI Net banking now in just a few clicks

Hackers have increasingly come up with ingenious new techniques through which they get unauthorized access to a bank account holder's data and then they carry out fraudulent transactions via online banking or other sources. This security gap is now being plugged, much to bank account holders' relief. In an alert for customers, the country's largest bank, the State Bank of India (SBI) has launched a new feature where a customer can lock his/her Net banking access and unlock it when needed. By this feature, when a person locks his/her Net banking account, the account will be disabled as if the user never had the Net banking facility.

The SBI website says, "For better control & security of your account, you can lock or unlock your INB access through link 'Lock & Unlock User' available in Home / Login Page."

One should also know that this facility is only available for retail users. Therefore, corporate users cannot access this facility.

But this feature also comes with a set of responsibilities, the users who want to use lock Internet banking are suggested to remember the profile password. Ideally, one should not write down one's password anywhere that unauthorised persons can get a hold of it. 

You should keep in mind that the profile password is different from the login password. Profile password is an additional security password which is created by you when you logged in to your Internet banking account for the first time.

The profile password is primarily used to access or make changes in your bank profile details such as mobile number, adding a third party etc. via Internet banking.

It is suggested to confirm the profile password before locking your Internet banking facility, In case if you have forgotten your profile password, reset your profile password before locking your Internet banking facility.