OnlineSBI: Benefits you probably don’t know, but are being offered by State Bank of India website

OnlineSBI: In the new normal, most of our lives are dependent on internet and online services. Among other things, banking is also one of the things that can only be done online. Onlinesbi.com is the official net banking website of India's largest commercial lender, State Bank of India. The site offers some friendly features to State Bank of India customers.  

While most bank customers would know this, they probably wouldn’t know that with over 15,000 branches and a broad portfolio of products and services, SBI offers a number of features related to banking services on its internet banking portal -- OnlineSBI.com. 

Many fear going online, at least while dealing in money due to fear of hacking and subsequent loss. However, SBI has been strict in conveying safety methods to its bank account holders, while doing online banking. Here are some features that you may not know of, but which are being offered by OnlineSBI.  

Online tax payments 

Through the online portal of SBI, you can pay direct taxes (OLTAS), Indirect Taxes (CBEC), Indirect Taxes (Customs). Direct tax includes payment of TDS, Income Tax, Corporation Tax, Security Transactions Tax, Hotel Receipts Tax, Estate Duty, Interest Tax, Wealth Tax, Expenditure Tax, Gift Tax, Cash Transaction Tax, and Fringe Benefits Tax. As a taxpayer, one needs to have a bank account enabled for net banking facility. 

Demat account

Demat as well as Online Trading accounts can also be opened online in the books of SBI Cap Securities Ltd. Through SBI’s site, www.sbi.co.in, users need to submit the account opening request to SBI Cap Securities Ltd. The online application is available online. 

Apart from this, SBI also allows you to open an NPS account through its online portal. If you have an Internet banking ID and at least one transaction account mapped to the username, you can open an FD online in State Bank of India. SBI account holders can use net banking to open an e-fixed deposit.