SBI, Bank of India steer customers to UPI ahead of three-day bank strike

Ahead of the September 28-30, 2026 nationwide bank strike, SBI and Bank of India have asked customers to complete EMIs and key transactions early. Branch cash, cheque and manual services may be disrupted, while ATMs, business correspondents, internet banking and UPI are expected to remain available.

— Source publishedSun, 27 Sept, 2026, 17:42 IST·First seen Sun, 27 Sept, 2026, 18:13 IST·Source Business Today · Latest

What happened

Bank of India and SBI urged customers to complete EMI and key banking transactions before the September 28-30 nationwide bank strike, while directing users to

Key facts

  • Three-day nationwide bank strike
  • September 28-30, 2026
  • September 30 half-yearly financial closing

What changed

Bank of India and SBI urged customers to complete EMI and key banking transactions before the September 28-30 nationwide bank strike, while directing users to ATMs, business correspondents, internet banking and UPI. Branch-based cash, cheque and manual services may be disrupted.

Why this matters

Retailers should reinforce UPI, card and online-payment readiness while anticipating weaker cash and cheque-based transactions during the September 28-30 bank strike.

What to watch

  • Formal confirmation of strike participation, geographic coverage and whether additional bank unions join.
  • RBI, NPCI, SBI and Bank of India advisories on UPI, ATM cash replenishment, NEFT/RTGS, cheque clearing and branch operations.
  • ATM cash-out reports or reduced cash replenishment in high-volume retail districts.
  • UPI success-rate changes, bank-specific downtime notices, transaction reversal volumes and settlement delays.
  • Cheque clearing postponements and delayed cash-deposit crediting that affect retailer working capital.