How to transfer your State Bank of India branch through onlinesbi.com : Here is a step-by-step guide
Earlier, when we moved to another location, one of the biggest tasks was to shift the home branch of the bank account, and for that, we had to follow the long process like updating of address in Aadhaar card and then, adding it to a bank account and other important documents.
Have you ever thought of relocating your SBI account branch to another location online? Earlier, when we moved to another location, one of the biggest tasks was to shift the home branch of the bank account, and for that, we had to follow the long process like updating of address in Aadhaar card and then, adding it to a bank account and other important documents. This requires frequent visits to bank branches and often, takes a lot of time. However, to avoid such inconvenience to the customers, State Bank of India has introduced an online system. Now you can transfer your SBI account from one branch to another branch by just logging in to your account.
Here are steps to transfer your SBI account from one branch to another
1. Click on www.onlinesbi.com and Log in to 'personal banking' account by entering your username and password.
2. Select the option 'e-Services' on the top menu bar of your home screen.
3. Select the option "Transfer of Savings Account"
4. Select the account number you wish to transfer in case of more accounts.
5. Enter the branch code to which you want to transfer your account. make sure you confirm the branch name which will be auto-populated. Then accept the terms and conditions and submit.
6. Verify the account transfer details using the existing branch code and the new branch code. Once it is done you will get an OTP which will be sent to your registered mobile number.
7. enter the OTP and click on the option 'confirm'. You will get a confirmation message saying 'Your branch transfer request has been successfully registered'.
One should also know that online transfer of bank account is only possible when your account is KYC compliant and your mobile number is registered with the bank and also the person must have access to SBI net banking. Also, the process of transferring the bank account branch will happen within one week.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
01:24 PM IST