The account holders of State Bank of India (SBI) have just one day before their magstripe debit and credit cards will get blocked permanently.
Following a mandate by the Reserve Bank of India (RBI) to phase out old magstripe cards, the biggest lender in India has asked its customers to upgrade to EMV chip cards by December 31, 2018.
EMV is the abbreviation of Euro Pay, Master Card and Visa. According to the instruction of Reserve Bank, old ATM cards will be valid only till December 31.
What are EMV chip cards?
The EMV chip is a microprocessor that stores user data in a more secure way than the magnetic stripe on the older debit or credit cards. The EMV chip technology, named after its founders Europay, MasterCard and Visa, uses both dynamic and static authentication, to create dynamic data every time the debit card is used for a transaction. This makes cloning the card or skimming user data off it impossible.
How to get new EMV chip cards?바카라 웹사이트
The request for a new card can be placed through the official website of SBI바카라 웹사이트or visiting the SBI branch in which you have your bank account.바카라 웹사이트After you submit the application form, the new EMV-based바카라 웹사이트ATM card will be delivered to the registered바카라 웹사이트home address within 7 days.바카라 웹사이트
For users who have SBI internet banking access, the request for new EMV-based바카라 웹사이트SBI ATM card can be placed through the website.바카라 웹사이트
Here's how you can place the request online.
1.바카라 웹사이트Go to SBI netbanking website - onlinesbi.com
2.바카라 웹사이트Log in to your SBI Internet Banking account
3.바카라 웹사이트Go to eServices
4.바카라 웹사이트Select ATM card services
5.바카라 웹사이트Request ATM/Debit card
If you have already placed a request for a new EMV chip debit card online, but have not received one, visit your SBI home branch for further information about the dispatch status.
