Important notice for bank account holders : New rules will come into effect tomorrow

Important notice for bank account holders : New rules will come into effect tomorrow

Important notice for bank account holders : New rules will come into effect tomorrow
September 7, 2024 by Telugu Break

Important notice for bank account holders : New rules will come into effect tomorrow

From tomorrow, new rules will be in place that will affect customers who have linked mobile numbers to bank accounts, especially those with Bank of Baroda (BoB). It is important to be aware of the following updates to avoid potential problems:

To all those who have linked phone numbers to banks! New rules from tomorrow

Single Mobile Number for Multiple Accounts :
BoB advises users not to link the same mobile number to more than one bank account. This is essential to prevent access restrictions to online services. Each account should ideally have a unique mobile number associated with it.

Clarification of charges:

BoB dismissed claims that non-customers could change mobile numbers to boost app registrations or that the bank tampered with customers’ accounts through its mobile app. According to the bank, these allegations are baseless.

Mobile Banking Security :

With over 3 crore active mobile banking users, BoB emphasizes the importance of keeping your mobile numbers and accounts secure. Ensuring a different mobile number for each account helps avoid problems in accessing online banking services.

Managing Multiple Accounts:

If you have multiple accounts in the same bank, it is better to use different mobile numbers for each account. This will help you maintain seamless access to all relevant services and avoid potential disruptions.

These changes are aimed at improving security and providing a better banking experience for all customers.