List of Banks which started charging money for SMS alerts, mobile banking
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Already in the league are
- HDFC
- ICICI
- Axis Bank
- KOTAK
- YES
- SBI
In another example of cartelization among bankers, several banks have increased or started imposing charges for transaction alerts through SMS as well as for mobile banking. As usual, private lenders have taken the lead, which soon would be followed by nationalized banks
@B@R_0_0_D wrote:@viveka wrote:DAN wrote:
SBI has already deducted money from my account also, ( and I have not recieved any notification )
DEBIT
SERVICE.CHARGES.FOR.JUN.2013…………………. Rs 15
It’s Rs.17 for me. Why difference in amount?
service charge Rs 15+ 12 % service tax + 3 % education cess = Rs 17/- (rounded off), is it so ?
NO
“SBI, India’s largest lender, will recover Rs 15 (inclusive of service tax) per quarter as SMS alert charges from its customers with effect from the quarter ending June 2013.” (from http://www.thehindubusinessline.com/industry-an... )
SBI put up an announcement on their homepage http://www.sbi….n/
and also in news http://www.thehindubusinessline.com/industry-an…
SBI customers if unhappy can complain at https://prepaid.onlinesbi.co…S/
DAN wrote:viveka wrote:DAN wrote:
SBI has already deducted money from my account also, ( and I have not recieved any notification )
DEBIT
SERVICE.CHARGES.FOR.JUN.2013…………………. Rs 15
It’s Rs.17 for me. Why difference in amount?
No Idea bro. All I know SBI has stolen 15 Rs without even informing me
Edit: Just called Toll free 1800 425 3800 and checked. They said this is Rs 15 Charge for SMS alerts on the ATM card. for the Quarter ending June. when asked how to stop ? he said Please contact Bank.
Edit2: SMS alert on XXXXXXXXX3, disabled successfully.
Disabled via online banking. Dont want this paid service anymore.
given the rising incidents of frauds, it is unlikely customers will stop the SMS alert service as it enables them to track activity in their account.
oo pappe 15 rs ke liye u r loosing imp security instrument…
Is Rs 15 such a big deal….??
ghar pe tala lagane ke paise kabhi koi bachata hai kya???
rajdesidime wrote:
oo pappe 15 rs ke liye u r loosing imp security instrument…
Is Rs 15 such a big deal….??
ghar pe tala lagane ke paise kabhi koi bachata hai kya???
I unsubscribed from my alert services from Kotak today. Well I haven’t been charged anything in my account for alerts from SBI.
I’m not paying single penny from next quarter.I have never got sms for transactions less than 5000.This is totally unnecessary deduction.👎👎👎
anshu wrote:DAN wrote:viveka wrote:DAN wrote:
SBI has already deducted money from my account also, ( and I have not recieved any notification )
DEBIT
SERVICE.CHARGES.FOR.JUN.2013…………………. Rs 15
It’s Rs.17 for me. Why difference in amount?
No Idea bro. All I know SBI has stolen 15 Rs without even informing me
Edit: Just called Toll free 1800 425 3800 and checked. They said this is Rs 15 Charge for SMS alerts on the ATM card. for the Quarter ending June. when asked how to stop ? he said Please contact Bank.
Edit2: SMS alert on XXXXXXXXX3, disabled successfully.
Disabled via online banking. Dont want this paid service anymore.
given the rising incidents of frauds, it is unlikely customers will stop the SMS alert service as it enables them to track activity in their account.
Please understand that transaction SMS cannot be charged as they are a regulatory compliance. You can only be charged for SMS that are sent for other reasons, like regular balance intimation, etc.
So don’t prevent yourself in unsubscribing to these usurious charges. You should continue to get SMS for transactions. So the safety aspect is taken care of. Also, email alerts should be free. If net is always on, on your phone, you can count on emails for transaction, balance and whatever other alerts.
I unsubscribed few days ago, when I saw the new charges in the statement. These banks are not even giving enough advance notice. RBI has decided to leave us to their mercy.
How to stop SMS alerts in SBI? PNB also started charging.
rajdesidime wrote:
oo pappe 15 rs ke liye u r loosing imp security instrument…
Is Rs 15 such a big deal….??
ghar pe tala lagane ke paise kabhi koi bachata hai kya???
LoL,:cool: Bro I understand the risks. Dont worry I keep getting Email alerts. I rarely use my SBI account, I have a/c at other banks. So No point in spending money on inactive accounts.
and it is 15×4= 60 Rs Per anumm.
BUTTERFLYBOY wrote:
How to stop SMS alerts in SBI? PNB also started charging.
Login to Online SBI >
Goto E-services Tab >
SMS alerts section >
Select your account and Click Proceed >
at bottom a link “Click here to disable SMS” >
on clicking you will get a message that SMS alerts disabled.
DAN wrote:BUTTERFLYBOY wrote:
How to stop SMS alerts in SBI? PNB also started charging.
Login to Online SBI >
Goto E-services Tab >
SMS alerts section >
at bottom a link “Click here to disable SMS” >
on clicking you will get a message that SMS alerts disabled.
It says technical error. 
“Due to some technical problems we are unable to process your request. Please try later.”
BUTTERFLYBOY wrote:
How to stop SMS alerts in SBI? PNB also started charging.
can stop via internet banking/atm/branch(instant). But think once 15 per quarter means15rs per ~90days!! Alerts will be useful…
they’re charging bec. The telecom companies increased sms charges to 20-25p/sms.. As mentioned in the news article,link above…
borg drone wrote:anshu wrote:DAN wrote:viveka wrote:DAN wrote:
SBI has already deducted money from my account also, ( and I have not recieved any notification )
DEBIT
SERVICE.CHARGES.FOR.JUN.2013…………………. Rs 15
It’s Rs.17 for me. Why difference in amount?
No Idea bro. All I know SBI has stolen 15 Rs without even informing me
Edit: Just called Toll free 1800 425 3800 and checked. They said this is Rs 15 Charge for SMS alerts on the ATM card. for the Quarter ending June. when asked how to stop ? he said Please contact Bank.
Edit2: SMS alert on XXXXXXXXX3, disabled successfully.
Disabled via online banking. Dont want this paid service anymore.
given the rising incidents of frauds, it is unlikely customers will stop the SMS alert service as it enables them to track activity in their account.
Please understand that transaction SMS cannot be charged as they are a regulatory compliance. You can only be charged for SMS that are sent for other reasons, like regular balance intimation, etc.
So don’t prevent yourself in unsubscribing to these usurious charges. You should continue to get SMS for transactions. So the safety aspect is taken care of. Also, email alerts should be free. If net is always on, on your phone, you can count on emails for transaction, balance and whatever other alerts.
I unsubscribed few days ago, when I saw the new charges in the statement. These banks are not even giving enough advance notice. RBI has decided to leave us to their mercy.
Agree with you bro, but looks like the SMS is an ALL or NOTHING service. Not sure if there is a way to get these SMS free. RBI card transactional guideline is Banks should send SMS. I am not sure if it says “FREE” SMS . Can someone clarify it from official sources.
You can also lodge a complaint at https://prepaid.onlinesbi.co...S/
BUTTERFLYBOY wrote:DAN wrote:BUTTERFLYBOY wrote:
How to stop SMS alerts in SBI? PNB also started charging.
Login to Online SBI >
Goto E-services Tab >
SMS alerts section >
at bottom a link “Click here to disable SMS” >
on clicking you will get a message that SMS alerts disabled.
It says technical error.
Yes Even I am getting this message now. May be they are updating something try tomorrow.
Note from July1 another quarter will start, so if you disable after July 1 they may charge you for the third Quarter also in September.
starupee wrote:BUTTERFLYBOY wrote:
How to stop SMS alerts in SBI? PNB also started charging.
can stop via internet banking/atm/branch(instant). But think once 15 per quarter means15rs per 120days!! Alerts will be useful…they’re charging bec. The telecom companies increased sms charges to 20-25p/sms.. As mentioned in the news article,link above…
I will use ATM. For me its no use as I use this account for smaller amount. Just to shop online.
starupee wrote:
. But think once 15 per quarter means15rs per 120days!! .
No, Quarter is of 3 months bro so 91-92 days 
DAN wrote:
It says technical error.
Yes Even I am getting this message now. May be they are updating something try tomorrow.
Note from July1 another quarter will start, so if you disable after July 1 they may charge you for the third Quarter also in September.
I will do it tomorrow.
DAN wrote:starupee wrote:
. But think once 15 per quarter means15rs per 120days!! .
No, Quarter is of 3 months bro so 91-92 days
typing mistake…corrected now..
WIth recent developments, This cartoon has become so true
BTW
Bank charges you may not know about
http://www.thehindubusinessline.com/features/in...
pennychaser wrote:
I just stopped the SMS alerts….Thanks DAN for the procedure
Welcome Bro,
Finally Aaj TOI ko bhi pata chal gaya ki SMS charges lag gaye hain.
http://timesofindia.indiatimes.com/business/ind...
“The country’s largest bank, which has about 18.5 crore customers, did not specify whether the charges are for special alerts only or even debit or credit card transaction alerts sent as per regulatory guidelines will also come under this. "
DAN wrote:BUTTERFLYBOY wrote:
How to stop SMS alerts in SBI? PNB also started charging.
Login to Online SBI >
Goto E-services Tab >
SMS alerts section >
at bottom a link “Click here to disable SMS” >
on clicking you will get a message that SMS alerts disabled.
There is no such link available now. Looks like they have closed the option as such.
Edit: Got it now.
viveka wrote:DAN wrote:BUTTERFLYBOY wrote:
How to stop SMS alerts in SBI? PNB also started charging.
Login to Online SBI >
Goto E-services Tab >
SMS alerts section >
at bottom a link “Click here to disable SMS” >
on clicking you will get a message that SMS alerts disabled.
There is no such link available now. Looks like they have closed the option as such.
No viveka , its there first u need to click proceed button on next page this disable option vl come .
Venkat wrote:
No viveka , its there first u need to click proceed button on next page this disable option vl come .
Got it bro. Thanks.
Disabled for my own account where there is hardly any transaction going on.
But having second thought about doing it in my mother’s salary account. This is a very vital info that we need in this case.
Is there any such disable option for IOB? I’ve a useless account with them too though they have not charged any such thing so far (given the fact that it’s the last day of June).
Increase in sms charges by the mobile networks cannot be given as a valid reason for this detestable act. Can SBI not take care of such a simple expense on their part? Kya kehte hain Barood Uncle? 
viveka wrote:
Is there any such disable option for IOB? I’ve a useless account with them too though they have not charged any such thing so far (given the fact that it’s the last day of June).
Try their customer care number. May be they do have an option or may be the call operator may do it for you.
Venkat wrote:viveka wrote:DAN wrote:BUTTERFLYBOY wrote:
How to stop SMS alerts in SBI? PNB also started charging.
Login to Online SBI >
Goto E-services Tab >
SMS alerts section >
at bottom a link “Click here to disable SMS” >
on clicking you will get a message that SMS alerts disabled.
There is no such link available now. Looks like they have closed the option as such.
No viveka , its there first u need to click proceed button on next page this disable option vl come .
Good to see this correction. I have updated the steps and an image too
DAN wrote:viveka wrote:
Is there any such disable option for IOB? I’ve a useless account with them too though they have not charged any such thing so far (given the fact that it’s the last day of June).
Try their customer care number. May be they do have an option or may be the call operator may do it for you.
Will do it bro.
service charge Rs 15+ 12 % service tax + 3 % education cess = Rs 17/- (rounded off), is it so ?