SBI Online Banking – Transfer money to Other Bank account

SBI Online Banking : SBI started their service in online banking, online banking is any time saving and easy way to transfer money by placing at constant place. Now a days everyone loved to use online banking than to go to bank and transfer money. Online banking will be useful to transfer money from our accounts to any other accounts without visiting a bank.

There is no need of any additional option to use online banking but we should be available with online banking. If we have internet connection we can use online banking at anytime and anywhere without any restrictions. If you are not aware of online banking procedure go through the following information and get an idea about Internet banking.

SBI Online Banking

If you are not aware of using internet and slow in usage of online works those candidates would advised to see the following steps to use online banking in easier way. Here you can see how to transfer the funds from your SBI account accounts to any other bank with online banking. For demonstration you should see the steps and have a demo on it. The mentioned process will be applicable for all branches of State bank of India (SBI).

First and foremost thing is to add the required person to whom you want to transfer the money before starts transfer the funds, after adding the person by mentioning his or her name and account number, branch IFS Code. Once you added a person name and his account details you can able to transfer the money at any time from your net banking account.

How to use Net Banking

Step 1

After registered to online banking you can login to your personal bank account by visiting official web portal of SBI online banking. Please specify a particular URL address to erase phishing attacks.

Step 2

Add the desired person to your account with name, account number, branch name and IFS Code to add beneficial to transfer fund to other added account. To do this process candidates need to go to profile and select manage beneficiary.

Step 3

Provide details of a person such as name, Account number branch detailed address and IFS code. Then click on submit and you are added that particular person to your account.

Step 4

Account user will get One time password (OTP) for your  registered mobile number to verify your account details with assigned number. Enter the OTP for assigned column in portal and then your verification will complete with registered number. Every time whenever you are using online banking that will ask for OTP by providing password to registered number.

Approval for approval from bank take minimum of one day, Once the account status will be in active state you can have a option to proceed to next step.

Step 5

Once you are  account beneficiary was approved by the bank. You can access to make funds to transfer. Click on Payment then go to Internet bank beneficiary.

Step 6

Then select the option with name and type as NEFT or RTGS. If you are not well known person about transactions types and procedure read the instructions first and mostly enter NEFT for better procedure.

Step 7

Click on Beneficiary name then enter the required amount and then click on submit to finish the procedure. Then next page will appear on the screen which will need to verify the details at twice, click on confirm if enter correct information or click on cancel to go back to the previous page.

Benefits of using SBI Online Banking

• Online banking can save precious time
• Risk less procedure which can able use by any one
• Easy way to transfer the money in short time period
• No charges for same Bank accounts transfer
• Fee of cost to transfer the money from home

Precautions before using Online banking

• Users are guided to be aware of online banking before starts using.
• Make sure that you entered correct net banking number and password before login.
• Whenever you are transferring the money make sure that you given correct account number or not.
• Don’t share the net banking number and password to any one.
• Register the available mobile number and check the mobile for OTP to login and transfer the money.

Important links

Click here for official SBI portal

Go through login page