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4th January 2016, 04:30 PM
Super Moderator
 
Join Date: May 2012
Re: Online Money Transfer to SBI Account

As you want I am here telling you process to SBI to SBI account online money transfer using SBI internet banking.

Step 1. Adding new Intrabank Beneficiary

Login in your account at online SBI website .

Go to ‘Profile’ section.

Then Click on ‘Manage Beneficiary’.

Enter profile password for authentication and submit it .

Then Click on ‘Intra-bank Beneficiary’ since the receiver(ie beneficiary) holds an account with SBI.

Enter bank account details and payment limit in the form that appears.
Payment limit is the maximum amount you could pay to the beneficiary.
You can change it later as well.
Submit the form to proceed.

After adding the beneficiary click on the ‘Approve Now’ button that appears.

Select ‘Approve Beneficiary’ to approve the newly added beneficiary.

Select ‘Approve through OTP’ option.

You’ll receive an OTP code on your registered mobile number.

Enter the sent code to complete process of adding beneficiary to your SBI netbanking account.

Step 2. Transferring money online to the added beneficiary

Login in your account at Online SBI website.

Go To ‘Payments/Transfers’ section.

Select ‘Accounts of Others’ under ‘Within SBI’ block to see a list of all SBI beneficiaries added by you.

Select account, enter the amount and remarks to remember the transaction.

This remark would show in the mini-statement of yours and the beneficiary.

Click ‘Submit’ to initiate funds transfer.

Finally click ‘confirm’ to send money.

A confirmation message will show up and that’s it.

You’ve successfully made SBI to SBI online money transfer using SBI netbanking.


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