SBI Issues Fresh Advisory Ahead Of September 28-30 Bank Strike, Asks Customers To Plan Banking Work
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SBI has advised customers to complete branch-related banking work before the proposed September 28-30 bank strike, as branch operations could be affected. UPI, YONO, internet banking and ATMs will offer alternatives for routine transactions.
State Bank of India (SBI) has asked customers to plan their banking work ahead of the proposed three-day strike from September 28 to 30.
The bank has advised customers to complete work that requires a branch visit before the strike, as branch operations could be affected if employees participate in the action.
The strike has been called by the United Forum of Bank Unions over demands including a five-day banking week and changes to pension-related benefits.
SBI Bank Strike: What Customers Should Do
Customers who have pending documentation or other work that needs to be handled at a branch should get it done before September 28.
The timing could make branch visits more difficult for customers. September 26 and 27 are Saturday and Sunday, followed by the proposed strike on September 28, 29 and 30.
This could leave customers with limited access to regular branch services for five days in a row. The strike also comes close to the half-yearly closing of banks.
SBI has said it is making arrangements to keep essential services running, but the extent of disruption will depend on employee participation.
Will UPI And ATMs Work During The Bank Strike?
Customers will still be able to use several digital and self-service banking channels.
SBI has asked customers to use UPI, internet banking, YONO and mobile banking for transactions that can be completed online. ATMs and Automated Deposit and Withdrawal Machines will also be available for cash-related needs.
Customer Service Points can be used for services available through those outlets.
Branch-dependent services could be affected, particularly where customers need to submit physical documents or speak to bank staff.
Finance Ministry To Review Bank Services Ahead Of Strike
The Finance Ministry is also preparing for the possible disruption. It plans to meet the heads of public sector banks and regional rural banks to discuss arrangements for keeping essential banking services available during the strike.
The proposed action comes after a one-day bank strike on September 11. The unions have also been seeking pension updation and changes in benefits for pensioners, apart from the demand for a five-day banking week.
For SBI customers, completing any work that needs a branch visit before September 28 could help avoid delays during the strike period.
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Rochelle Britto has spent 8+ years decoding India's markets, businesses, and consumer economy, reporting for ET Prime and Times Internet along the way, covering the stories behind the numbers.
A Mumbai native and perpetual planner of the next holiday, she stays far, far away from the eternal question, “Where are we going next?” When she's not chasing headlines, she's chasing new cultures, open roads, and a bit of quiet in nature.
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