April 26, 2023

SBI Net Banking - Login, Registration, & Activation

Whether you are technology challenged like me or a savvy techie, you cannot ignore the rising pace of adoption of digital banking or net banking services especially during the Covid-19 phase**.**
The sheer ease, speed and seamlessness of executing an online transaction to accessing information through superior technology enabled digital platforms with safe and secure gateways are driving customers to adopt netbanking facilities**.**
Are you then curious! to open a netbanking account, say for example with SBI Bank.
As a netbanking customer you can carry out fund transfers online to either your own account or third party account,IMPS fund transfer, make e- deposits such as e-recurring deposit, e-annuity deposit , e-TDR scheme to smart cards to utility bill payments to air, rail, bus and hotel bookings to online shopping to DEMAT and IPO services and much more.
The net banking process is really simple. Let us assume you have an existing account with SBI wherein you rely on traditional banking transactions and now you wish to go the online way.
All you need to do is to visit your SBI Bank branch and register for the Internet banking service. The branch will provide you a Pre Printed Kit (PPK) containing username and password for first login.

The other method of opening a net banking account with SBI is online- without visiting the branch. Here again the process is fairly simple.

  • Firstly, login to SBI web portal, www.onlinesbi.com
  • Navigate through the menu and click the 'Personal Banking' section and then within this tab select 'New User Registration/Activation'.
  • You then need to fill up the registration form with details such as registered mobile number, account number, CIF, branch code, country etc. and press submit.
  • After this step, you will receive an OTP on your registered mobile number.
  • As a next step, you can type your ATM card details to complete the registration and activate the net banking services.
  • At this stage, a temporary username will be displayed on the screen. Create your own login password to register successfully.
  • Once completed, just log into SBI web portal using a temporary username and password.
  • You then reset your username and password as a part of cyber best practices.
  • You are now ready to avail an entire bouquet of service transactions online.
As India's oldest and largest bank, SBI has an enviable track record of becoming
the second biggest public Indian company ( after Reliance Industries) and has made it to the Forbes Global 2000 list with a global ranking of 105. Founded in 1955, the bank has an asset base of ₹5,177,545 crore ( FY2022).
With 23% market share by assets and a 25% share of the total loan and deposits market, SBI became the third lender (after and seventh Indian company to the ₹5-trillion market capitalization on the Indian stock exchanges for the first time.

Frequently Asked Questions (FAQs):

Q. Can I avail all the normal banking transactions through SBI net banking services?

Yes, you can do the following normal banking transactions online by logging into SBI's internet banking portal, www.onlinesbi.com SBI's comprehensive, safe and secure platform allows its retail customers to carry out the following banking activities such as:
  • Funds transfer between their own accounts.
  • Third party transfers to accounts maintained at any branch of SBI
  • Inter Bank Transfers to accounts with other Banks
  • Online standing instructions for periodical transfer for the above
  • Credit PPF accounts across branches
  • Request for Issue of Demand Draft
  • Request for opening of new accounts
  • Request for closure of Loan Accounts
  • Request for Issue of Cheque Book
  • Earn reward points for transactions through Internet Banking

Q. What are the value added features of SBI's net banking portal?

Some of the key value added features are:
  • Utility bill payments
  • Online Ticket Booking for travel by Road, Rail and Air
  • SBILIFE, LIC and other insurance premia payments
  • SBI and other Mutual funds Investments
  • SBI and other Credit Card dues payments
  • Tax Payment Income, Service, State Govt
  • Customs Duty Payment
  • Online Share Trading (eZ-trade@SBI)
  • Online Application for IPO
  • Fee Payment to select educational institutions including IITs and NITs

Q. Do I need to visit any specific branch for netbanking services?

All branches of SBI are enabled for Internet Banking. You can visit your nearest branch to get started.

Q. Is the SBI's online platform safe?

Yes, SBI's online portal is safe and secure as the site is 'VeriSign' certified. It assures that during the session the user is dealing with the web-site of SBI. The two-way communication is secured with 128-bit SSL encryption technology, which ensures the confidentiality of the data during transmission.
Besides, additional layers of security are available for doing transactions.

Q. How do I ensure my netbanking transactions are safe and secure? Any cardinal rules to follow?

As a netbanking customer, your primary requirement is that all your transactions should be safe and secure.
Here is a list of 'Dos and Don'ts':
  • Change your Password at regular intervals,typically once in three months.
  • Access portal by typing www.onlinesbi.com
  • Do not click on any shortcuts/links
  • Avoid accessing your account from public places like cyber cafes
  • Use virtual keyboard to enter user ID and Password
  • Avoid entering sensitive info in pop-ups
  • Track your transactions and usage history regularly
  • Use the latest and genuine software on your system with secure settings.

Q. What can i do if i haven't received my password; although i have received the username?

In such a scenario, just login in to SBI web portal www.onlinesbi.com and navigate to the 'trouble login' subset of and user id and password not received option.
You type the branch name (5 digit) and account number (11 digit) for which you have not received user id and password.

Q. How do I change my username?

You cannot change your username on your own. You need to request your branch to register you again.

Q. What is the maximum threshold fund limit through SBI netbanking?

For retail customers making fund transfers through netbanking :
  • RTGS and NEFT, the maximum fund transfer limit is ₹10 lakhs.
  • IMPS transactions done through net banking, mobile banking or YONO, the maximum threshold limit has recently been raised to ₹5 lakhs.

Q. Are there any charges for online fund transfers?

SBI does not levy service charges for online fund transfers either through netbanking, RTGS/NEFT, IMPS.
However, if fund transfers are executed through SBI Bank branch then service charges are applicable.
For example: IMPS transactions done through branches for amounts ranging ₹2 lakh to ₹5 lakh, the service charge is ₹20 plus GST.

Never miss a trading opportunity with Margin Trading Facility

Enjoy 2X leverage on over 900+ stocks

Upstox Margin Trading Facility
Apple Logo
Downloadlogo
iOS App
Google Play Logo
Downloadlogo
Android App

RELATED ARTICLES

How India's new wage code affects take-home pay

India's latest wage code has revamped salary structures, affecting what you finally take home. Your basic salary now needs to be at least half of your total earnings. This will affect your take-home pay based on your job contract and salary split, including elevated provident fund (PF) contributions, gratuity rule shifts allowing early benefits, and an updated salary structure impacting tax liabilities for high earners while lower and mid-range earners remain relatively unaffected. In the Union Budget 2021, the Indian government consolidated 29 labour laws into four new codes. The codes Include information about: - Industrial relations - Occupational safety and health - Working conditions - New wage code The definition of “wage” has been altered in the new wage code, departing from the stipulations of the Wage Code Bill of 2019. An employee's monthly basic salary, also known as “wage,” needs to be at least 50% of their total cost to the company (CTC). But what does this actually mean? How will the new wage code of 2022 impact the take-home pay of the salaried class in India? Let’s dive into the details.

Andhra Bank Balance Enquiry Phone Number & How to Check it Online

Balance enquiry is one of the most frequently used banking services. To provide simple and convenient banking services to customers by leveraging technology, Andhra Bank launched a missed call facility on the Andhra Bank balance enquiry number. This facility is available 24X7 and is free of cost. However, there are other ways with which you can check the account balance. For more details, read on.

HDFC Bank NetBanking - Online Login, Registration, & Activation

' Click-Click' , vyola! it's done. Be it your order from your favorite restaurant or planning your vacation or paying your utility bills, the pace of digitization of services across industries over the last decade has indeed been transformational and overwhelming. We as consumers are now increasingly using digital technology, given its obvious benefits of convenience, speed of execution, security and access to information and enhanced decision making. Let me explain this net banking funda in detail; you may come across a few technical words, don't get bogged down by this, I promise to keep it as simple as I can. Basically, net banking is using your laptop or desktop or your smartphone to carry out your banking transactions through a 'click of a button' instead of visiting your local branch to execute your transactions. Say for example, you need a cheque book, instead of physically visiting the branch, you could place a request online. With a click of a button, you can pay your insurance premiums, your EMIs, your utility bill online. You can avail a loan, transfer funds, generate e- account statements and many more services at your convenience. So basically, through net banking the customer can access his/her account information, products and other services through the Internet at his/her convenience. At this juncture, you may be eager to know as to how to get started with net banking, isn't it? However, as a first time user you may have some resistance, don't worry as the process is very simple. Let me elaborate on this. - To begin with your NetBanking endeavour, you decide to open a simple online savings account with HDFC Bank by logging into the bank's web portal, www.hdfcbank.com through your mobile phone or laptop/desktop. - Secondly, you need to provide basic KYC documents to open a savings account such as your Aadhar card and two passport size photographs. You then submit the KYC documents online and verify yourself through a video call by providing access to your location, microphone and camera on your smartphone with HDFC Bank officials. - You then click on the ' Login' icon which asks you to enter customer ID and password. - As a first time user, you will be provided with customer ID and account number. - You can now begin operating your savings account by creating your own password. - By confirming your registered mobile number, you then input OTP ( One Time Password) which you will receive on your mobile phone - You then input your debit card details ( you would have received this card as a part of the welcome kit) - Set your IPIN (Netbanking password) - Login to HDFC netbanking using the newly set IPIN. Hope we are on the same page. Just wanted to elaborate further, in addition to the online medium, you can also register with HDFC netbanking services through various mediums such as: - ATM - Phone Banking - Visiting HDFC Bank branch

Indian Bank Balance Enquiry Toll Free Number and How to Check

| SMS Banking | BALAVL to 94443-94443 | | --- | --- | | Missed call | +91 8108781085 | Are you trying to keep track of your balance at Indian Bank but need help figuring out how to do it? By the end of this post, you'll know exactly how to check your balance and stay on top of your financial situation. So, let's get started!