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SBI launched a ‘Mobile Handheld Device’

Published on October 05, 2023
Current Context: SBI launched a ‘Mobile Handheld Device’ to bring financial inclusion to Doorstep. This is a significant move towards enhancing accessibility and convenience in availing banking services for the customers who face challenges in accessing CSP outlets due to health issues, senior citizens and Divyangjan.
SBI launched a ‘Mobile Handheld Device’
  • The device will provide five core banking services in its initial phase, such as cash withdrawal, cash deposit, fund transfer, balance inquiry and mini statement.
  • The bank also plans to expand its offerings by including services such as enrolments under social security schemes, account opening, remittance and card-based services shortly.
  • The device is set to revolutionize banking accessibility by bringing kiosk banking directly to customer’s doorstep. The initiative was unveiled by the Chairman of SBI, Shri Dinesh Khara.

Question:

Q.1 What is the name of the device launched by SBI to bring financial inclusion to Doorstep?
a. Mobile Inclusion Device
b. Mobile Banking Device
c. Mobile Financial Device
d. Mobile Handheld Device
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