SBI: Here's how you can transfer your account to another branch within a couple of minutes
The biggest bank in the country has brought these services to the customer online during the pandemic
At a time when the second surge of Covid-19 infections are driving people indoors and an increasing number of states imposing lockdown or lockdown-like conditions, the country’s largest bank State Bank of India (SBI) is offering an online facility of transferring his/her account to the nearest branch.
While earlier this required a visit to the branch and submission of applications, now it can be done in a minute or so through online, mobile banking or YONO app.
Online mode
Step 1: Open SBI internet banking onlinesbi.com.
Step 2: Enter your user id, password and captcha before hitting the Login button.
Step 3: In the dashboard, click on E-services option.
Step 4: From the new page, click on the Transfer savings account option
Step 5: On the new page a form will open. Select your account number which you want to transfer.
Step 6: Enter the branch code of SBI where you want to transfer the account and then click on Get Branch Name button.
Step 7: Click on ‘I accept terms and conditions’ at the bottom of the form and then click on the Submit button.
Step 8: On the new page, check the details you entered and click on the Confirm button.
Step 9: You will now get an OTP in your phone via SMS. Enter this OTP and click on the Confirm button.
Step10: Your request is now submitted. Wait for a maximum period of seven working a few days for your account to be transferred to the new SBI branch.
Via YONO
Step 1: Login to SBI YONO mobile app and tap on Services
Step 2: Then tap and open Transfer of Saving Account option
Step 3: In the next screen, select your account number, enter your new branch code and tap on Get Branch name
Step 4: Now you can see the name of the new branch. Select it
Step 5: In the next screen review the details and finally submit your request
Check status
After submitting the online request for online transfer, your account will be transferred to the new branch within 7 working days. IFSC will also be changed.
To know whether the changes have been done, log into net baking or mobile banking app YONO after 7 days and check the status.