SBIOnline: Now pay credit cards bills of other banks using your SBI account

Credit cards have become an important part of people's wallet. Now, if you also have pending bills of your credit cards, you can pay them all through an SBI account. Surely, a welcome feature. In order to avoid the last minute rush, it is always recommended to pay on time the credit cards loans or pending bills. The payment is normally done through cheque or internet banking but it can also be paid via SBIonline portal.

A new scheme by the State Bank of India (SBI), called the Credit Card (Visa) Bill Pay, allows customers to transfer money online from their SBI Bank account directly to any VISA Credit Card issued in India, to pay the credit card bill of other banks. While the service requires an SBI account with internet banking enabled. Here are the steps to use this SBIonline facility:

How to avail Credit Card bill pay on SBIonline:

Step 1: The first step is to log onto onlinesbi.com using your internet banking username and password.

Step 2: Now after logging your net banking, go to profile tab, and click on the 'Manage Credit Card (Visa) Bill Pay' option. You will need to enter your profile password for authentication purposes, in oder to use the service.

Step 3: After you complete with authentication, register payee details to proceed further. After that SBI will send an OTP to your registered mobile number.

Step 4: After a payee is registered, you can start paying your bills of a VISA credit card by just logging onto OnlineSBI. To select the Credit Card (Visa) Beneficiary link in the Payments and Transfers tab, and transfer the requisite amount.

Remember that the Payee details have to be registered first. For other bank credit cards, SBI levies a charge of Rs 15 on each transaction. However, the transaction is free of extra cost for SBI Credit Cards using the 'Bill Payment' option.