You can use SBI platforms like YONO App, SBI Anywhere App, or SBI’s website to transfer fund upto Rs. 10,00,000 within few minutes. The blog contains two videos viz. The online transfer of money using the website and the other video introducing SBI’s Anywhere app.
SBI Internet Banking
Watch Hindi Video: How To Transfer Money From SBI To Any Bank | 2019 | Net Banking
Website: https://www.onlinesbi.com/ You can transfer money from SBI to any bank using SBI Net banking. User can also send money within SBI or any Private banks.
You need login credentials of net banking or SBI Yono App. You can get this through SBI website or visit nearest State Bank of India Branch.
To transfer money you need to login in SBI officialwebsite (https://www.onlinesbi.com/ ). Make sure that website has secured SSL icon. Enter your login credentials. You need to follow the steps given below.
- Step 1: Adding Beneficiary
- Step 2: Approval of Beneficiary
- Step 3: Sending money to the Beneficiary Step 1 and Step 2 is a one time process for one user.
You can send money to the user more than once.
To add beneficiary you can use receivers IFSC Code or the location of the branch. You can get the IFSC code easily by visiting ( www.bankifsccode.com ).
You need to add the beneficiary only once.
There are two types of beneficiary:
1. Beneficiary within SBI: It can be the account holder of State Bank of India or ots subsidiary bank like State Bank of Patiala, State Bank of Jaipur, State Bank of Hyderabad, State Bank of Mysore, etc.
2. Beneficiary outside SBI: It can be any other bank other than SBI. It can also be a private bank which supports NEFT, RTGS, IMPS, Net banking options.
To add beneficiary, you needs details like receiver’s account number, branch IFSC Code, address, name, purpose of payment, etc. After beneficiary is added, it takes time to approve the beneficiary by the bank.
If it is added between 6am to 8pm, the beneficiary is approved within few hours. If the beneficiary is added after 8pm, it will get approval status only on the next day. You also need to set the limit of transferring money to your beneficiary.
Maximum limit is ₹10,00,000 For IMPS, ₹0 charge for transferring ₹0-1000. ₹1 + GST for transferring ₹1000- ₹10000 ₹2 + GST for transferring ₹10000- ₹100000 ₹3 + GST for transferring ₹100000- ₹200000 You can send ₹0 to ₹10 lakhs using IMPS. You can send ₹2 Lakhs to ₹10 lakhs using RTGS.
After beneficiary is approved you can select any method and amount to send the money to your beneficiary. For IMPS it usually takes 15 minutes to transfer money. Visit www.cuttingchai.info for more.
SBI Anywhere App
Watch Hindi Video: Introduction video of SBI Anywhere App
SBI Anywhere App helps user to know the details of their SBI Account and you can use it for internet banking, or to transfer funds from one account to other account. It can also show the e-book and past transactions as well as bank statement.
SBI Anywhere app is available in both Android Studio and Apple App Store. State Bank of India also has two more apps, viz. SBI Freedom App and SBI Yono. Recently SBI Anywhere App was down.
SBI Yono give all the features of banking be it loan, insurance, equity buying and selling and mutual fund, all under one roof. Hence, you can go for SBI Yono instead of downloading other SBI apps.
Changing SBI ATM Password
You can watch the video below if you want to change the SBI Password of your Debit or Credit Card of your SBI Account online. You don’t need to visit ATM for changing the password.
You can change your ATM Password within few minutes. You just need to have access to SBI’s website and a handy internet connection.