Senior citizen? Get cheque book, do cash transactions, open bank account sitting at home - SBI, to IOB, check details

Day by day the banking process is getting easier in terms of services and facilities. Nowadays banks are offering financial service in an effective and timely manner to the account holders for smooth functioning. Of utmost importance is the assurance that proper mechanisms are in place to provide security and services. Now a new trend has emerged between banks, and it is good news for senior citizens at home. Some of the banks have started the doorstep banking services for its customers like cash pickup, instrument pickup and delivery of cash and demand drafts. The best part is that the service you require is only a call away. Doorstep banking is a convenient way to do basic banking tasks easily. 

Here are the banks which offer the doorstep banking services for its customers.

Indian Overseas Bank:
The facility will enable the public, especially the Senior Citizens of the society, to conveniently get doorstep banking facility available at identified locations of the Lead Districts. A dedicated Banking correspondent will accompany the vehicle with a micro-ATM inside the Van to take care of banking services like Account opening, enrollment of customers in Social Security The scheme Passbook Printing and other Financial inclusion activities.

In a press release R Subramaniakumar, MD & CEO – Indian Overseas Bank said “This launch is part of IOB’s commitment under EASE (Enhanced Access and Service Excellence) program of DFS, Ministry of Finance, Govt of India. Indian Overseas Bank, the winner of EASE award under the ‘Deepening of Financial Inclusion’ category for the year 2019 has two Mobile ATMs operating in Metro Centers. The new Mobile Vans will help to serve the unbanked areas of 14 Lead Districts of IOB.”

State Bank of India (SBI):
Here are the facilities which SBI offers to its customers namely Cash pickup, Cash delivery, Cheque pickup, Cheque requisition Slip pickup, Form 15H pickup, Delivery of Drafts, Delivery of Term Deposit Advice, Life Certificate Pickup, KYC documents pickup.

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. This facility is available only 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.

Axis Bank Doorstep facility:
Axis Bank offers services like Pick up of Cash, Pick up of Instruments, Delivery of Cash/ Demand Drafts to Doorstep Banking. The best part is that the service you require is only a call away. Banks advise using their Debit Card Number and Debit Card PIN to avail these services. Types of accounts against which the Doorstep Banking Service is not available are Joint accounts operated jointly and Minor accounts. Also, the account holder should know the registered address cannot be more than 5 km beyond the base branch.