he State Bank of India (SBI) is going to withdraw its magnetic debit cards from 1st January 2020 and hence all its existing magnetic SBI debit cards will become inoperational. The SBI is doing this under the RBI guidelines that make it compulsory for all Indian banks to replace its debit cards through the chip-based EMV cards. The SBI has informed its customers through its tweet asking them to replace the existing SBI debit cards through the new EMV cards. This exercise is aimed at meeting the international digital payment standards. Therefore, all SBI debit cards and credit cards holders are required to visit their SBI home branch and put a request for changing their debit cards through EMV cards. Those customers, who have net banking access through onlinesbi.com can put this request online also. This online request can be posted through sbi.co.in as well