SBI at your doorstep! Senior citizens? Need not visit bank for cheque, cash, deposits and other services

The largest lender State Bank of India (SBI) has given major good news to senior citizens, by eliminating the need to visit their bank branches. Generally, everyone who holds a bank account must visit their bank personally for carrying out any financial transactions either be deposits, cash withdrawals, cheque book sanctioning, drafts and many other services. This is one of the rules to have safe and secure banking, as sending a third-party person creates suspicion and doubts. Thereby, now SBI has launched a ‘Door-step Banking’, where the bank employees will visit senior citizens at home for their any financial transactions. 

Notably, this new facility of SBI is given only to those senior citizens who are over 70 years of age group. Apart from them, the service is also offered to differently abled customers and infirm customers including visually impaired customers. 

Under this new facility, customers will be able to avail the above services at selected branches.  The details of branches are available on Bank’s website “bank.sbi”.

What will happen is that the SBI’s Doorstep Banking Services will be available to fully KYC compliant account holders, with a valid mobile number registered with the bank and residing within 5 KM of radius from their Home Branch.

It needs to be noted that, service will not be available for accounts operated jointly, minor account and accounts of non-personal nature.

However, there will be fees for availing these services. At SBI, eligible customers can avail these services with a nominal fee of Rs 100 per transaction for financial transactions and Rs 60 per transaction for non-financial transactions.

Additionally, a customers will have to register at their home branch and additionally, differently abled and infirm customers will have to submit a medical certificate to that effect to register for this service.