Bank has recently launched cash pick –up facility in
Bank is also going in a big way to install “POS” terminals at business establishments for their benefits. This will add more convenience to customers who prefer using Debit/Credit cards to cash. To popularize the product Bank has reduced the merchant discount rate to just 0.65% for the customers using SBI Debit cards and 0.75% for other banks debit cards besides offering incentives to customers using cards for purchases instead of cash.
The members sought clarification on some of the issues and evinced keen interest in the Metal Gold Loan and Cash Pick-Up facility & POS terminals.
Mr. P.K Abrol Assistant general Manager, Region-II thanked the participants.