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Old SBI ATM cards will be invalid tomorrow onward, here’s how you can apply for a fresh one

By Newsd
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Old SBI ATM card will be invalidate tomorrow onward, here’s how you can apply for a fresh one
Source: Hindustan

The last day of the year is also the last one on which SBI(State Bank of India) customers would be able to apply for a free replacement of their bank’s magnetic stripe card. The customers can avail a new EVM chip-based card in replacement.

On December 29 SBI, in a tweet, had shared to its customers that “As per RBI mandate” they must replace “Magstripe Card with the EMV Chip Card” to continue the debit card facilities. The facility is available for no cost if the customers apply by 31st December 2018, the bank added.

When a customer replied SBI asking for the procedure, the bank told that replacements to the cards can take place through multiple channels such as Internet Banking, Yono App and the Home branch of the bank.

The bank also gave a link to the FAQ page for the card exchange.

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