How to use PSB Doorstep Banking with SBI?
The pandemic times have made it a little difficult for the senior citizens and others to visit the banks for the day to day banking activities. The Public Sector banks in India have come up with great initiative to offer the best possible doorstep banking services to their customers.
With Coronavirus making going out of a home a potentially dangerous activity, many companies have started providing home pickup facilities. To not be left being, Public Sector Banks in India have collectively launched Door Step Banking for all its customer for a small charge. You no longer need to visit the bank branches because your bank is now coming to your home.
What is PSB Doorstep banking?
PSB DSB or the Public Sector Banks Doorstep Banking is - as the name itself should indicate - a doorstep banking service where you can get a few of the banking services at your doorstep. A part of the Enhanced Access & Service Excellence or EASE initiative. The initiative is a part of the reform plan for public sector banks.
The initiative is launched as part of the government attempts at the economic revival and is under offer from 12 public sector banks across India. The alliance between the public sector banks is designed to offer doorstep services across 100 different deposit centres across the country.
The service will offer non-financial services for all the customers to begin with. This includes the senior citizens, persons with disabilities, and defense forces.
What services will be offered under PSB DSB?
The PSB DSB service will offer both financial and non-financial services. The non-financial services will be the ones that do not require the money transaction in any nature. The financial transactions will involve transactions that involve money transactions or are related to finances.
The non-financial transactions offered by PSB DSB initiative will include
The financial transaction services include
The prime financial services such Cash deposit pick up and withdrawal will be made available from October 2020. Initially available in 100 cash deposit locations, the services will gradually be scaled up to include more locations. The list of locations can be accessed by the list available on the official portal for the PSB Doorstep banking services.
How to use the PSB Doorstep banking?
The steps involved in availing the Public Sector Doorstep Banking are simple to follow.
Once the account is created and your account is added to the service, you can perform your activities with ease.
The highlights of the PSB Doorstep Banking Service
The PSB DSB as a premium financial service has been launched, keeping the comfort levels of the users in view. Some of the critical factors that we found quite interesting on the service can be summarised as
The Reserve Bank of India had mooted the idea of Doorstep Banking a couple of years ago. However, the public sector banks have now come together to form an alliance and offer unified doorstep banking services.
The service has also launched a mobile app for the purpose. The mobile has been launched on Android. The iOS app version is likely to come up quite soon. The service will be available full-fledged in October 2020, and once that done, there would perhaps be no need to visit your bank branch.
The Concluding Thoughts
The Public Sector Banks Door Step banking service can be one of these excellent services and can simplify the banking services to a considerable extent. We found it quite an interesting option to offer you an enhanced banking experience ever.