A customer is registered when he or she sends an SMS to 567676 prefixed with the area code. The service is activated either after the password is verified at an ATM or by the bank branch when the customer appears in person. This makes the system foolproof. People living in remote areas and students would benefit the most from this service.
With SBI Freedom, your bills can be paid or money sent to the loved ones or balance inquiries done anytime 24×7. SBI Freedom offers convenience, simple, secure, anytime and anywhere banking.
The limit for daily fund transfers and bill payments is Rs 5,000 and Rs 10,000 respectively. Currently the facility will be available only on Java-enabled mobile phones with GPRS connections. Customers can get the software for the service installed at any of the bank’s branches for free through Bluetooth technology.
The service is presently available on java enabled mobile phones over SMS/ GPRS/ WAP as also non java phones with GPRS connection. The service can be availed over the free GPRS facilities offered by various mobile service providers. The services for other non-Java mobile phones is offered using Unstructured Supplementary Services Data (USSD).