Latest improvements in technology and internet have changed the banking sector around the globe significantly. Today, you don’t need to visit your bank branch to perform banking activities; because your bank offers you a bundle of online and tele services services so you can do your banking right from the comfort of your home. State Bank of India is a major bank in India and it provides almost all online services like internet banking, SMS banking, mobile banking and fund transfer, to its customers. As you may aware that SBI provides online fund transfer facility to its customers so they (customers) can send money to their loved ones or can make payments of purchases. Though, SBI has made fund transfer process as easy as it can make, however, new internet banking users may find it difficult. Therefore, I have come up with a post and in this post I’ll be guiding you on how to transfer funds from SBI bank using IMPS, NEFT and RTGS payment methods. You can follow the instructions given below to send money from your SBI bank account to SBI bank account (same branch or other) or other bank accounts like PNB, HDFC, ICICI etc.Continue Reading
State Bank of India
State bank of India offers online fund transfer facility to its mobile and internet banking users. Those who have activated any of the mentioned services can transfer money from their account to any other bank account. With SBI fund transfer facility, you can send money SBI to SBI, SBI to Other Bank like HDFC, ICICI, PNB; or can send money internationally where its branches exist.
To avoid any fraudulent activity, the bank has introduced beneficiary activation procedure, which means if you want to send money to someone then first you will have to register that person as a beneficiary to your bank account. This way bank ensures that no one can misuse your account.Continue Reading
Banks use Customer Information File (CIF) to store every customer’s personal, financial, and demat related information. CIF numbers help banks to view customers data (personal and financial) without looking into their accounts. It records all of your banking activities on daily basis in digital or physical form. Banks use unique CIF number for every account holder to collect personal and financial information of customers. You can have multiple accounts in a bank but for all accounts the CIF number would be same. Without CIF, it would be very complicated for banks to keep record of your accounts.Continue Reading
This era of technology and internet has changed the way we live, spend, and communicate. Technology and internet bring everything at your fingertips for example, banking; you can check your account details and send money to loved ones anywhere and anytime from within the comfort of your home or office. Banking sector has been evolved very rapidly just because of these things. Now it’s possible to transfer funds anywhere using internet banking service provided by your bank. Currently, all banks, who have overseas branches, offer outward remittance facility with very minimum fees (approx. USD 10 per transaction). In this tutorial, we’ll be discussing on how to transfer funds from India to abroad using SBI internet banking.Continue Reading
Government of India has been providing limited number of subsidized LPG cylinders to its all citizens and it is transferring the subsidized benefits to consumers’ bank accounts under Direct Benefits Transfer Scheme. But some LPG consumers are not receiving their LPG cylinders subsidies on their bank accounts. Most of the consumers are facing this problem because their LPG customer IDs are not linked to their bank accounts. In this tutorial, we will show you a step-by-step guide to link an LPG customer id to an SBI bank account.Continue Reading
Aadhaar number is a unique identification number issued by Unique Identification Authority of India (UIDAI). Government of India has been taking many initiatives to make Aadhaar card number as one and only required document for identification purpose by linking it to an individual’s bank account, LPG account, PAN number etc.
Nowadays, it is mandatory to link Aadhaar Number to a bank account. Banks are also sending alert messages to customers; who haven’t linked their Aadhaar numbers with their respective bank accounts. In today’s post, we’ll show you four different ways to link Aadhaar card number to SBI bank account. You can link your Aadhaar number by following any of the given methods.Continue Reading