SBI magstripe Debit card to EMV chip card:
Here's an alert for those SBI ATM cardholders who have not yet changed their Magnetic Stripe Debit cards with EMV Chip and PIN-based SBI Debit Card.magstripe Debit card to EMV chip card: Here’s an alert for those SBI ATM cardholders who have not yet replaced their Magnetic Stripe Debit cards with EMV Chip and PIN-based SBI Debit Card.
The ATM cards of such customers will become useless from January 1 2020, if they fail to replace them by December 31, 2019. The bank has tweeted, “Apply now to change your Magnetic Stripe Debit Cards to the more secure EMV Chip and PIN-based SBI Debit card at your home branch by 31st December, 2019. Safeguard yourself with guaranteed authenticity, greater security for online payments and added security against fraud.”
According to RBI Guidelines, bank customers are required to change their Magstripe Debit Cards to
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