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SBI launches ‘Green PIN’ to generate paperless ATM PIN

Feb 19th, 2016 9:41 am | By | Category: LATEST NEWS

Mumbai, February 19, 2016:  State Bank of India (SBI), country’s largest commercial bank announced the launch of SBI Green PIN. The new initiative was launched by Smt. Arundhati Bhattacharya, Chairman, SBI. Green PIN is an easy and convenient way to generate Debit card PIN through various channels like ATM, Internet Banking, IVR and SMS.
The Green initiative is a step towards paperless banking which will benefit both customers and employees of the bank. Employees will not be required to maintain physical custody of ATM PIN, instead they can be deployed to other beneficial operational analysis at the same time customers does not need to physically visit the branch to get their ATM PIN.

Green PIN will considerably reduce the carbon foot print of the Bank. It will benefit the customers with more convenience by avoiding delay and visits to branch for submitting regeneration ATM PIN requests. This initiative will save substantial cost on stationary and courier.

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