Transfer your State Bank of India (SBI) account to another branch has now become simpler. Earlier you needed to fill up numerous forms and wait for a number of weeks for the transfer to happen.
But, now you can now transfer your SBI savings account online, from one branch to a different, wherever in the country within per week, free of cost. Most other banks have been offering this facility for some time now.
So, if you wish to transfer your SBI account to a different branch, below is the step-by-step information on the best way to do it online.
Things To Know Before You Transfer
This option is available just for savings accounts and isn't available for know-your-customer (KYC) deficient and inoperative savings bank accounts. Further, the online transfer process can only be done in case your mobile number is registered with the bank, and when you have access to Net banking.
Before proceeding online be sure to have the branch code to which you want to transfer the account. In case you have no idea the branch code, you may click on here to get it. (https://www.sbi.co.in/corporate/branchlocator.htm) If it's still a problem, you will get the data by calling up your branch.
(Also Read:- How To Open SBI Savings Account Online Through SBI Yono App)
SBI Account Online Transfer Process
Step 1: Visit the official web site 'www.onlinesbi.com'.
Step 2: Click on 'personal banking'
Step 3: Login using username and password
Step 4: Once logged into Net banking, click on on 'e-services' tab on the top panel
Step 5: Click on 'Transfer of savings account'
The next web page will show the account details such as account number and branch name. There could possibly be more than one account.
Step 4: Select the account you want to transfer
Step 5: Now, you'll have to write the branch code you want to transfer the account to.
Step 6: Click on the branch title and based mostly on the code entered, branch name will get auto-populated.
Once submitted, you'll have to confirm the account transfer details on the following web page using the existing branch code and the new branch code.
Step 7: Once you click on the verify button, an OTP is distributed to your registered mobile quantity.
Step 8: On the following web page, enter the OTP and click on 'confirm'.
A new web page will appear displaying 'Your branch transfer request has been successfully registered' carrying all of your account transfer details. You may even click on on the above 'History' option to get all the details of your account transfer.
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