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Is SBI good or bad?

Is SBI good or bad?

It is a wonderful bank for industries because they lend a lot of money to industries and that is a good part. They lend to a lot of consumers somewhere in the system because their numbers show that. Yono etc have done a wonderful job in terms of reaching out to a large mass of customers.

Is it hard to get SBI job?

SBI Recruitment: Preparation Needless to say, there is tough competition for landing this job. In 2014 and 2015, about 20 lakh candidates had appeared for the SBI preliminary exam while in 2016, about 17 lakh candidates had appeared. In 2014, the bank had called about 1.2 lakh candidates for the main exam.

Is SBI customer friendly?

SBI bank account holders can reach out to the bank’s 24/7 customer care number for queries, feedback or complaints. Here are the two toll-free numbers of SBI customer support: 1800 11 2211. 1800 425 3800.

What is SBI default?

To set an account as the default bank account for a Spend Money or Receive Money transaction the account must be the first bank account in the Accounts List. For example if you have two bank accounts with account numbers 1-1100 and 1-1120 the account 1-1100 will be the default bank account.

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How strong is State Bank of India?

SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world’s biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23\% market share by assets and a 25\% share of the total loan and deposits market.

Is SBI PO exam tough?

Depending on the analysis done by the experts and several aspirants with regards to the difficulty level of questions, SBI PO is considered as a difficult exam than IBPS PO. As the number of seats for SBI PO is also limited, the cut off is higher for SBI PO aspirants. Both the exams are divided in three phases.

Which post is higher in SBI?

Starting Rank The highest rank an SBI Clerk may attain is that of Deputy General Manager. Because an SBI Clerk starts out at a junior position compared to that of an SBI PO, it takes longer for them to reach the same rank (Assistant General Manager).

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How can I file a complaint against SBI?

Contact SBI call centre Call on SBI’s toll-free customer care number – 1800-425-3800, 1800-11-22-11, or 080-26599990. You can also send an SMS ‘UNHAPPY’ at 8008-20-20-20. Once you submit your complaint via any of these channels, you’ll receive a complaint number to help you track the complaint.

Where can I file a complaint against SBI?

Process of Grievance Redressal Call us at our Toll Free – 1800 22 1111 / 1800 102 1111 Monday to Saturday (8 am – 8 pm). Fax us at 1800 22 7244 / 1800 102 7244. Email us at [email protected].

What is default bank account?

An account defaults when you break the terms of the credit agreement. Your creditor decides there’s no chance you can get back on track, and cancels your agreement with them. A debt can only default once, but after this happens your creditor can take further action to collect the debt.

What does it mean when a bank defaults?

Default is the failure to repay a debt, including interest or principal, on a loan or security. A default can occur when a borrower is unable to make timely payments, misses payments, or avoids or stops making payments.

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How is SBI in educating its employees about their software?

SBI never educate their software properly to their employees.They simply ask us to come later for the rectification. Private bank like HDFC are very much co-operative and they are well versed with their software. SBI looting by penalties and interests etc. Wrost bank all over India…

Is it safe to use the SBI app?

Closed the card and ate the fee – a good lesson learned to not use SBI for anything other than a bank account State Bank of India, It is very secure protection for using people. SBI is one of the best bank of India. I prefer it and using SBI App is very friendly user.

Is it safe to close a savings account with SBI?

Not recommended. Have just, with difficulty, closed savings account with SBI and got money back. Their website is poor, difficult to understand customer services on phone, they placed unnecessary obstacles in way of getting money transferred back to current account from which it came in the first place.