Home > FAQ's > Mobile Banking FAQs
- What is Mobile Banking?
Mobile Banking refers to online banking that occurs via mobile phone rather than via a PC (online banking). It facilitates customers to use mobile phones as a channel for accessing their bank accounts and remitting funds there from.
- Are there any charges for mobile banking?
There are no charges for Mobile Banking app. However there are charges for funds remitted through NEFT/ IMPS etc. Please check our website www.svcbank.com for charges.
- Who are eligible for mobile Banking?
All customers who have a bank account and have enrolled for Personal Internet Banking are eligible for mobile banking.
- What is the prerequisite for mobile Banking?
It is mandatory that a customer who opts for Mobile Banking should be registered for Personal Internet Banking.
- How can I apply for Mobile Banking?
Bank needs a Netbanking/ Mobile Banking form filled by you to enable Mobile Banking.
- Is there any limit on the value of transactions for Mobile Banking?
Yes there is a default limit of Rs. 1,00,000 (combined limit for Netbanking and Mobile Banking) for a day. If the limit has been used in Netbanking on a particular day, then the same cannot be used in Mobile Banking, vice versa is also applicable.
- How can I install SVC Mobile Banking app?
Mobile Banking App can be installed by downloading the same from Play Store/ App Store.
- Is there a different Login & Transaction password for Mobile Banking?
No. The login & transaction password would be same as Personal Internet Banking.
- Is mobile banking different from using Netbanking?
Using mobile banking is same as using Personal Netbanking.
- How do I block/ stop/ cancel Netbanking/ Mobile Banking?
You can call on our Customer Care Number – 022-71991700 and request the Bank for stopping/cancelling the facility.