KEY STORY
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State Bank of India (SBI) internet banking, YONO and Unified Payments Interface (UPI) services will remain unavailable today (July 13) as the bank will undertake maintenance activities. “We will be undertaking maintenance activities between 02.40 hrs and 06.40 hours on 13th June,” SBI informed on Twitter
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During this period INB/YONO/YONO Lite/ UPI will be unavailable. We request our esteemed customers to bear with us as we strive to provide a better banking experience, the lender said. Note that last month also, the bank’s digital banking platforms, including Yono, Yono lite, internet banking, Unified Payments Interface (UPI) was affected due to maintenance.
We request our esteemed customers to bear with us as we strive to provide a better banking experience.#InternetBanking #YONOSBI #YONO #ImportantNotice pic.twitter.com/FxegFbT5YP
— State Bank of India (@TheOfficialSBI) June 12, 2021
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Meanwhile, SBI recently launched a collateral-free loan called Kavach Personal Loan. The loan covers expenses of COVID treatment of self and family members of the customer, the bank said in a press release.
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The collateral-free personal loans are aimed at enabling customers to meet medical expenses of self and family members for COVID-19 treatment, the SBI said.
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The scheme will allow customers to “avail loans up to Rs 5 lakh at an effective interest rate of 8.5 percent per annum for 60 months which is inclusive of three months moratorium”, said a statement issued by the bank.
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Loans under the Kavach scheme are being offered “under the collateral-free personal loan category and come at the cheapest rate of interest under this segment”, SBI said.
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Reimbursement of expenses already incurred for COVID-19 related medical expenses shall also be provided under the scheme, the bank clarified.
