Are you a client of the State Bank of India (SBI)? Thinking of transferring your SBI account? Now, transferring your SBI account to another branch has become easy. From now on, you no longer need to go to the bank to have your branch transferred. This can be done online from the comfort of your home. Due to the coronavirus pandemic, priority has been given to the digital contactless service.
“If you need help transferring your account from one branch to another then SBI is here for you. Use YONO SBI, YONO Lite and OnlineSBI from the comfort of your own home and safe from banking,” said SBI in a tweet.
Here is a step-by-step guide to transferring your SBI account from one agency to another online.
1) Log on to the official SBI website “www.onlinesbi.com”.
2) Select “personal bank” with your username and password.
3) Now click on the “e-services” tab in the top menu bar.
4) After that, click on “Transfer from savings account”.
5) Now select the account you want to transfer. If you only have one bank account in your CIF (Client Information File), then it will be selected by default.
6) Now you need to enter the branch code to which you want to transfer the account. Read and accept the terms and conditions and click ‘Submit.
7) Check all the details of your account transfer with the existing agency code and the new agency code. And then click on ‘Confirm’.
8) Once you have confirmed the details, an OTP will be sent to your registered cell phone number.
9) Enter the WBS and click on “confirm”.
10) Now a message will be displayed as follows: “Your branch transfer request has been successfully registered”.
Besides Online SBI, one can use YONO SBI, YONO Lite to transfer accounts. However, you should know that the online process can only be done if your mobile number is registered with the bank.
Previously, SBI had decided to let its customers update their KYC (Know Your Customer) information from the comfort and security of their own homes. “In view of the difficulties faced by customers due to the local lockdown induced by the second wave of COVID-19, the State Bank of India (SBI) has decided to allow the acceptance of the documents for the KYC update by mail. or by post. Customers will not be required to visit the branch for KYC update purposes. Please ensure that the partial freeze of CIF due to the KYC update is not carried out until May 31, 2021 ”, SBI informed its clients.
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