State Bank of India (SBI) offers a wide range of banking services to its retail and corporate customers, and one of the most convenient ways to access these services is through SBI Net Banking. With SBI Internet Banking, you can perform various personal banking tasks such as downloading account statements, online bill payments, cash withdrawals, and much more. In this article, we will explore the different services provided by SBI online banking and guide you through the registration and login process.
Features and Services of SBI Net Banking
SBI Internet Banking provides account holders with a plethora of services, including:
- Checking bank account details
- Downloading SBI bank account statements
- Tracking previous 10 transactions
- Updating nomination and PAN card details
- Checking CIBIL score
- Changing SBI login password
- Updating profile details
- Linking Aadhar card to your bank account
- Making NPS payments
- Fund transfers within SBI bank accounts and other banks
- Requesting demand drafts
- SBI Collect
- SBI mCash
- Western Union money transfers
- Viewing/adding billers
- Mobile recharges
- SBI Life premium payment
- SBI General premium payment
- SBI Mutual Fund services
- SIP registration
- Fixed deposit investments
- Issuing interest certificates
- Recurring deposits
- Tax payments
- Viewing Form 26AS
- e-Filing/e-Verifying income tax
- ATM card services
- Sovereign Gold Bond services
- Online locker access
Documents Required for SBI Net Banking
To register for SBI online banking, you won’t need many documents. However, it’s important to have the following details on hand:
- Registered mobile number
- SBI account number
- CIF number
- SBI branch code
- Country name
- SBI ATM card information
How to Activate SBI Net Banking?
Once you have opened a bank account with SBI, you can register for SBI Internet Banking by filling out the net banking application form and submitting the necessary documents. After successful registration, you will receive a temporary user ID and password, which you can use to activate net banking services. Follow these steps to activate SBI e-banking:
- Visit the official SBI Internet Banking website at https://www.onlinesbi.sbi/
- Choose the ‘Personal Banking Login’ option on the website.
- Click on ‘New User Registration/Activation’ on the next page.
- Fill in your account number, CIF number, branch code, country, registered phone number, and the desired banking facility.
- Select the appropriate facility needed – ‘View’, ‘Restricted Transactions’, or ‘Full Transactions’.
- After entering all the details, click ‘I Agree’ to proceed.
- Enter the OTP received on your registered mobile number and click ‘Confirm’.
- If you have an ATM card, you can complete the registration and enable Internet Banking services for your account by selecting ‘I Have My ATM Card’ and clicking ‘Submit’.
- You will be redirected to the ‘Debit Card Validation’ page, where you must verify your ATM card credentials. Click ‘Continue’ after entering the ATM card details.
- Create a permanent username.
- Set a login password with a unique character. Confirm the password by entering it again and click ‘Submit’.
- You will receive a notification confirming the successful registration. Use the permanent username and password to access Internet Banking services.
How to Log in to SBI Internet Banking?
Logging in to SBI Internet Banking is a straightforward process. We will guide you through the login procedures for both SBI Personal Banking and SBI Corporate Banking users.
SBI Personal Banking Login:
- Go to the official SBI website at https://www.onlinesbi.sbi/
- Under the Personal Banking section, click on the ‘Login’ button.
- Enter your username and password in the provided fields.
- Click ‘Login’ to access your SBI Internet Banking account.
SBI Corporate Banking Login:
If you are an SBI Corporate Banking user, follow these steps to log in to your net banking portal:
- Visit the official SBI e-banking website at https://www.onlinesbi.sbi/
- Go to the YONO State Bank of India Corporate Banking section.
- Select ‘Corporate’ from the drop-down menu.
- Click the ‘Login’ button.
- On the next page, enter your User ID, Password, and Captcha.
- Click the ‘Login’ button to access the net banking portal.
How to Reset SBI Net Banking Login Password?
For security reasons, SBI requires users to change their Internet Banking password every 365 days. If you need to reset your SBI Net Banking login password, follow these steps:
- Log in to SBI Online Banking.
- Choose ‘Continue to Login’ on the next page.
- Click on ‘Forgot Username/Login Password.’ A pop-up window will appear.
- Select ‘Forgot My Login Password’ from the drop-down list and click ‘Next’ to continue.
- Enter your username, bank account number, date of birth, mobile number, country, and CAPTCHA code.
- Click ‘Submit.’
- Enter the OTP received on your registered mobile number.
- Set the new net banking password by selecting ‘Using Profile Password’ from the drop-down box. Alternatively, you can visit an SBI branch or use your ATM card information to update your net banking password.
- Enter your net banking account password to proceed.
- Enter the new password and confirm it. Then click ‘Submit.’
- You will receive confirmation that the password reset is successful. Use the new password to log in to the SBI net banking portal.
SBI YONO: A Mobile Banking Solution
In addition to SBI Net Banking, the State Bank of India has introduced a mobile banking application called SBI YONO. YONO stands for ‘You Only Need One,’ and it provides a single digital platform to access various SBI services, including SBI Life Insurance, SBI Mutual Funds, SBI Credit/Debit Card, and more. With SBI YONO, users can transfer funds, pay credit card bills, and utility bills online. Here’s how you can register for SBI YONO:
- Download the SBI YONO mobile application.
- After downloading, log in to the application using your registered mobile number.
- Enter the OTP received for verification.
- Upon logging in, you will be prompted to create a 6-digit PIN or MPIN for security purposes.
- Use the newly generated mPIN to log in to the YONO application.
How to Withdraw Cash using YONO SBI from SBI ATM?
SBI account holders can conveniently withdraw cash from the nearest SBI ATM using the SBI YONO app. Follow these steps for cash withdrawal using YONO SBI:
- Log in to the YONO SBI mobile app using the 6-digit MPIN.
- Go to the YONO Pay option and select ‘YONO Cash.’
- Raise a request for cash withdrawal by entering the YONO Cash PIN, transaction details, and amount.
- You will receive a verification code that will be valid for 4 hours.
- Visit the nearest SBI ATM and select the YONO Cash option available.
- Enter the verification code generated earlier and the desired amount for withdrawal.
- Authenticate the transaction by entering the YONO Cash PIN.
- Complete the transaction, and the cash will be dispensed from the ATM.
SBI Net Banking Transaction Limits and Charges
When using SBI Net Banking, there are certain transaction limits and charges to be aware of. Here are the details:
IMPS:
- Limit per transaction: ₹2,00,000
- Maximum daily limit: ₹2,00,000
- EasyPIN overall category limit: ₹1,00,000
- Individual total daily limit for EasyPIN: ₹1,00,000
- Applicable fees/charges: NIL
Quick Transfer:
- Limit per transaction: ₹10,000
- Per day limit: ₹25,000
- Overall daily limit: ₹2,00,000
- Applicable fees/charges: NIL
NEFT:
- Maximum daily limit: ₹10,00,000
- No limit for certain transactions
- Applicable fees/charges: NIL up to ₹50,000, ₹50,000 to ₹1 lakh: ₹0.20 per ₹1,000 for the excess amount, ₹1 lakh to ₹1,29,000: ₹10 + ₹0.50 per ₹1,000 in excess of ₹1 lakh, ₹1,29,000 & above: ₹25 per transaction regardless of the transfer amount.
RTGS:
- Maximum daily limit: ₹10,00,000
- No limit for certain transactions
- Applicable fees/charges: Every transaction costs ₹25, regardless of the amount.
UPI:
- Limit per transaction: ₹1,00,000
- Maximum daily limit: ₹1,00,000
- EasyPIN overall category limit: ₹1,00,000
- Individual total daily limit for EasyPIN: ₹1,00,000
- Applicable fees/charges: NIL
Transfer Between Self Accounts:
- Limit per transaction: ₹2,00,000
- Maximum daily limit: ₹2,00,000
- EasyPIN overall category limit: ₹1,00,000
- Individual total daily limit for EasyPIN: ₹1,00,000
- Applicable fees/charges: NIL
First 4-Day Transaction Limitations for a New Recipient:
- Limit per transaction: ₹1,00,000
- Maximum daily limit: ₹1,00,000
- EasyPIN overall category limit: ₹1,00,000
- Individual total daily limit for EasyPIN: ₹1,00,000
- Applicable fees/charges: NIL
Transfer to Third Parties Within SBI:
- Maximum daily limit: ₹10,00,000
- No limit for certain transactions
Please note that these transaction limits and charges are subject to change. It’s always advisable to refer to the official SBI website or contact customer support for the most up-to-date information.
State Bank of India Net Banking Transaction Limits and Charges
| Transaction Type | Per Day Limit | Applicable Fees/Charges |
|---|---|---|
| IMPS | ₹2,00,000 | NIL |
| Quick Transfer | ₹25,000 | NIL |
| NEFT | ₹10,00,000 | NIL up to ₹50,000 |
| RTGS | ₹10,00,000 | ₹25 per transaction regardless of the transfer amount |
| UPI | ₹1,00,000 | NIL |
| Transfer Between Self Accounts | ₹2,00,000 | NIL |
| First 4-Day Transaction Limitations for a New Recipient | ₹1,00,000 | NIL |
| Transfer to Third Parties Within SBI | ₹10,00,000 | NIL |
In conclusion, SBI Net Banking and the associated services provide a convenient and secure way to manage your banking needs online. With a wide range of features and functionalities, SBI Internet Banking allows customers to access various services such as checking account details, downloading statements, making bill payments, transferring funds, and much more, all from the comfort of their own homes.
To avail the benefits of SBI Net Banking, you need to register and activate your account by following the provided steps. Ensure you have the necessary documents handy during the registration process, including your registered mobile number, SBI account number, CIF number, SBI branch code, and ATM card information.
Once you have activated your SBI Net Banking, you can easily log in to your account using your username and password. SBI offers separate login procedures for personal banking and corporate banking users, so make sure you follow the correct steps based on your account type.
If you ever forget your SBI Net Banking login password, don’t worry. You can reset it by following the password recovery process. Simply provide the required information, including your username, account number, date of birth, mobile number, and CAPTCHA code, and follow the instructions to set a new password.
Additionally, SBI customers can also explore the benefits of the YONO SBI mobile application, which provides a comprehensive banking experience on a single digital platform. YONO SBI allows you to access various SBI services, including banking, insurance, mutual funds, and credit/debit cards, all in one place. You can register for YONO SBI using your registered mobile number and create a secure 6-digit PIN or MPIN for login purposes.
With the YONO SBI app, you can even withdraw cash from SBI ATMs without using your physical debit card. Simply log in to the app, generate a YONO Cash PIN, and follow the designated process at the ATM to withdraw cash conveniently.
It’s important to note that transaction limits and charges may apply to certain services offered through SBI Net Banking. Familiarize yourself with these limits and fees to ensure smooth and cost-effective transactions.
SBI Net Banking and the YONO SBI app are designed to make your banking experience seamless, efficient, and accessible anytime, anywhere. By leveraging the power of technology, SBI continues to provide innovative solutions that cater to the evolving needs of its customers.
So, whether you are a retail customer or a corporate customer, take advantage of SBI Net Banking and experience the convenience of managing your finances online with ease. Empower yourself with the flexibility and security of SBI’s digital banking solutions and enjoy a hassle-free banking experience.
FAQ
You can register for SBI Net Banking by visiting the official SBI website and filling out the registration form.
With SBI Net Banking, you can avail services like account statement download, bill payments, fund transfers, and more.
To log in, visit the SBI website, enter your username and password, and click on the login button.
Yes, you can reset your SBI Net Banking password by following the password reset process available on the website.
SBI may levy charges for certain transactions or services. It’s advisable to check the official website or contact SBI for specific details.
Yes, you can transfer funds to accounts in other banks using the interbank fund transfer facility provided by SBI Net Banking.
You can easily download and view your account statement by logging in to your SBI Net Banking account and accessing the statement section.
SBI Net Banking follows strict security measures to ensure the safety of your transactions. However, it’s important to keep your login credentials secure and regularly update your password.
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