SBI launches video life certificate service for pensioners

SBI launches video life certificate service for pensioners

Daily Current Affairs   /   SBI launches video life certificate service for pensioners

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Category : National Published on: November 09 2021

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  • The State Bank of India has developed the Video Life Certificate service, which allows retirees to submit their life certificates over the phone.
  • A life certificate is essential to ascertain whether the individual who will receive the pension is still alive and will continue to receive it without issue.
  • In terms of assets, deposits, branches, customers, and employees, the State Bank of India is the largest commercial bank in India.
  • It is also the country's largest mortgage provider, having helped 30 lakh Indian families realise their aspirations of owning a home.

Important Takeaway

About SBI

  • SBI: State Bank of India 
  • Chairperson: Dinesh Kumar Khara
  • Founded: 1 July 1955
  • Headquarters: Mumbai
  • Nationalisation of SBI: 1959
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