SBI has Launched Self-Service Kiosks

By | June 22, 2011

A recent press report said that State Bank of India (SBI) has opened a ‘Self Service Kiosk (SSK)’ at the corporate salary branch, DLF Cyber City at Gachibowli.

Mr. Rakesh Sharma, Chief General Manager, said that SSK was a secure, user-friendly computer terminal which can be operated by the customer using his/her ATM-cum-debit card to conduct as many as 16 transactions. The facility was inaugurated by the Chief General Manager.

Reports said that the transactions include fund transfer, passbook printing, cheque book request, balance enquiry, statement, internet banking registration, bill payment, opening of term deposit etc.

Reports also said that SSK, usually located along with an ATM, will provide the customer the freedom to conduct these transactions on a 24/7 basis but there will be queue problems waiting time etc. It said that there are four more SSKs to be made available at the Vansathalipuram, Vidyanagar, Ramanthapur and Gandhinagar branches in the city.

Special functions such as railway ticket booking, SBI life premium payment, D-mat transactions are to be added to the SSK to give customers the pleasure of a ‘self-banking experience’.

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About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

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