SBI Net Banking, SBI Net Banking Services
India's largest bank State Bank of India(SBI) offers its customers to use the internet banking services. Such netbanking services enable its customers to carry out a number of tasks from anywhere and at anytime. As of December 31, 2020, SBI had 85 million internet banking and 19 million mobile banking users. SBI's UPI users are 135 million as of December 2020.
You can perform variety of things using SBI Netbanking facility as mentioned below:
- Fund Transfer from your account to another account
- Payment of bills
- Requesting for cheque book
- Opening Fixed Deposit Account
- Investing in IPO
- Pay Utility bills like electricity Bill, telephone bill, etc.
- Open RD account
- Open PPF account
- Issuance of Demand Draft
Who can avail SBI Netbanking Facility?
SBI netbanking facility can be availed by all the SBI account holders.
Criteria to Register for SBI Netbanking Service
Outlined below is the criteria that is required to register for netbanking facility:
- To maintain an account with SBI
- Mobile number should be registered with the bank account
- Must have a debit card
- Must have an internet connection
In order to register for SBI Netbanking Service, you can apply for it online, or you can apply offline for the for SBI Netbanking facility by visiting the branch.
Features and Benefits of SBI Netbanking
- It saves time and energy
- No need to visit the SBI branch to carry out the transactions so it reduces your dependence on your bank branch
- Access your bank account instantly
- Offers additional security when carrying out transactions
- Customize and update your own profile details
- 24x7 Fund Transfer
- Setting up transaction limits
- View account balance and past transactions
SBI Netbanking Registration Process
If you are a single account holder, you can proceed with self-registration process of net banking facility using your SBI ATM card. For joint account holders, they need to contact the SBI to complete the registration process. Outlined below is the step by step process to register for SBI Net banking:
- Visit SBI's online portal
- Under the 'Personal Banking' section, click on 'New User Registration'
- Press 'OK' button
- A pop up window will open
- Under 'Register Here/Activate (For Retail customers only)', select 'New User Registration' from the dropdown menu
- Click on 'Next' button
- You need to enter details such as the account number, CIF number, branch code, country, registered mobile number, facility required, and captcha
- Under the 'Facility Required' field, there are 3 options i.e. View, limited transactions, and full transactions, you need to select one of the these options
- Press 'Submit' button
- An 'OTP' will be sent on your registered mobile number
- Enter the 'OTP'
- Click on 'Confirm'
- Select 'I have my ATM card (online registration without branch visit)'
- Press 'Submit' button
- Complete the registration process by entering the ATM card credentials
- Click on 'Proceed'
- A new page will open which will display your temporary username and then you will be asked to create login password
- Re-enter the login password
- Click on 'Submit'
- After that the registration is successful
- Now you can login to your netbanking facility using your username and password
Registration and activation of SBI Netbanking will be done instantly when you follow the above steps.
Process to Log in to SBI Netbanking
- Visit SBI's online portal
- In the personal banking section, press the 'LOGIN' button
- One page will appear asking for your username and password
- Enter your username and password details
- Click on 'Login' button to access your netbanking account
- A page will open showing the details of your account
- In this page, you can see the all the information and make any kind of online transaction
Check Account Balance through SBI Internet Banking
- Visit SBI's online portal
- In the personal banking section, press the 'LOGIN' button
- One page will appear asking for your username and password
- Enter your username and password details
- Click on 'Login' button to access your netbanking account
- Click on the 'Account Summary' option under the 'Quick Links' section
- A list of all the accounts you hold with the bank will appear on the screen
- A list of all the accounts you hold with the bank will appear on the screen
- Click on the 'Click here for balance' option against the account so that you can check the balance available in that account
Transfer Money through SBI Internet Banking
- Visit SBI's online portal
- In the personal banking section, press the 'LOGIN' button
- One page will appear asking for your username and password
- Enter your username and password details
- Click on 'Login' button to access your netbanking account
- Under the 'Payments/ Transfer' tab, press 'Other Bank Transfer' option, if you need to transfer money to another bank's account
- Under the 'Payments/ Transfer' tab, press 'Accounts of Others - Within SBI' option, if you need to transfer to an account within the SBI
- Choose the type of transaction you want to make
- Click on 'Proceed' button
- A list of all your accounts will be shown. From the list, select the account you want to make the fund transfer from
- Enter the amount you want to transfer
- Enter remarks, if any
- Select the beneficiary account to which you want to make the fund transfer
- Choose when the fund transfer is to take place
- Agree to the terms and conditions by selecting the checkbox
- Click on 'Submit' button
- Check whether all the details are correct
- Click on 'Confirm' button
- A high-security password will be sent on the registered mobile number
- Enter the password in the given space
- Click on 'Confirm' button
- A success message will appear on the screen after completion of the fund transfer transaction
Reset SBI Netbanking Password
If you have forgot your password, then you can reset your password by following the below-mentioned steps:
- Visit the official website of SBI's Online Web Portal
- under 'Personal Banking' section, click on 'Login' button
- Click on the 'Continue to Login' button
- Click 'Forgot Login Password' button
- Select the 'Forgot My Login Password' option
- Click on 'Next' button
- Enter the details i.e. user name, account number, date of birth, mobile number, country, and captcha code in the specified place
- Click on 'Submit' button
- An OTP will be sent to your registered mobile number.
- Enter this OTP in the given space
- Click on 'Submit' button
- A new page will open where you can reset your password
- Now set up a new password
- Re-enter the password to confirm
- A new password will be set up successfully
- Now you can sign into your account using your Customer ID and new password
FAQs on SBI Netbanking
Yes. You need to have your bank account with SBI to use the netbanking facility. If you do not have an account then you need to open your account with the SBI.
No. You cannot change the username once it is set.
You need to contact your branch to re-register yourself in case you forget your netbanking username.
Passwords can be changed any number of times. Moreover, you should keep changing your netbanking password frequently should be changed periodically to secure access to your account information.