SBI give good news to Customer: Introduced new benefit Scheme

State Bank of India, which is the largest state-owned bank in India, is offering many facilities to its customers. Once you have an account with SBI banks then SBI will implement a special facility for such customers. Customers will benefit from the special facility provided by SBI. SBI customer can avail this facility today.

Here is the complete information on how to avail the special facility of SBI. SBI has already introduced many services for its customers including online, mobile banking, internet banking, SMS banking. It has also introduced a new scheme to be more helpful to customers who are now transacting online.

E-Rupay has been launched by SBI to make customer transactions even easier. Its users will be able to transact in the digital currency through the YPI. CBDC was launched by RBI in December last year, so today SBI has announced to all customers that from today you will be able to do SBI e-Rupee transactions through YPI.

After launching this facility of the bank will get a lot of benefits. Moreover, it is very important for consumers. What is the benefit to the government? Firstly, it saves the cost of printing the Note or currency. With this facility, there are more chances of removing fake notes from the market.

The government has monitored every transaction to reduce black money. Helps prevent terrorist funding and black money. These benefits will be available to common people from the government. According to the information, it costs Rs 17 to make a 100 rupee note.

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But the cost of E-Rupaya is very low. Notes generally have a short lifespan. These notes have a lifespan of just four years and help prevent digital theft. In this, the same technology works in crypto currency. Its value is equal to the current currency.