State Bank of India (SBI) provides the benefits of SBI Net Banking to both its retail and corporate customers. Many personal banking services can be availed through SBI Internet Banking or net banking services. These include downloading account statements, online bill payments, printing Passbooks, cash withdrawals, creating Demand Drafts, applying for chequebooks, etc.
In this article, we will discuss the different services offered by SBI online banking and the registration and login process.
Through SBI Internet Banking, an account holder can access the following services:
SBI online banking or net banking service does not require many documents. However, one must keep the following details handy during the registration process:
Once the user has created a bank account with SBI, they can register for the SBI Internet Banking services by filling out the net banking application form along with the documents. The user will be provided with a temporary user ID and password, which can be used to activate net banking services.
Here are the steps to activate SBI e-banking:
We have explained the SBI Online Banking login process for both SBI personal and SBI Corporate Banking users.
SBI Personal Banking Login
SBI Corporate Banking users can go through these steps to log in to their net banking portal:
State Bank of India has made it mandatory to change the Internet Banking password after 365 days for security reasons. Users can change their net banking password anytime by following the steps mentioned below:
YONO SBI is a mobile banking application launched by the State Bank of India to help customers with all their banking needs. YONO stands for ‘You Only Need One’ and is a single digital platform that can connect to other SBI services like SBI Life Insurance, SBI Mutual Funds, SBI Credit/Debit Card, etc. Through SBI YONO mobile banking, users can also transfer funds and pay their credit card and utility bills online.
SBI YONO mobile application is available to all SBI customers. Here is the registration process for opening a YONO SBI bank account:
SBI account holders can also withdraw cash from the nearest SBI ATM using the SBI YONO app. The procedure to withdraw cash using YONO SBI is given below:
The transaction limitations and fees that may be applied to SBI Online Banking service include the following:
Kind of Transaction |
Per Day Limitation |
Maximum Daily Limit |
EasyPIN Overall Category Limit |
Individual Total Daily Limit for EasyPIN |
Applicable Fees/Charges |
IMPS |
Limit Per Transaction – ₹2,00,000 |
₹2,00,000 |
₹1,00,000 |
₹1,00,000 |
NIL |
Quick Transfer |
|
₹10,00,000 |
₹1,00,000 |
|
NIL |
NEFT |
₹10,00,000 |
No Limit |
₹1,00,000 |
₹1,00,000 |
NIL up to ₹50,000
|
RTGS |
₹10,00,000 |
No Limit |
₹1,00,000 |
Not Applicable |
Every transaction costs ₹25, regardless of the amount. |
UPI |
₹1,00,000 |
₹1,00,000 |
₹1,00,000 |
₹1,00,000 |
NIL |
Transfer Between Self Accounts |
₹2,00,000 |
₹2,00,000 |
₹1,00,000 |
₹1,00,000 |
NIL |
First 4-Day Transaction Limitations for a New Recipient |
₹1,00,000 |
₹1,00,000 |
₹1,00,000 |
₹1,00,000 |
NIL |
Transfer to Third Parties Within SBI |
₹10,00,000 |
₹10,00,000 |
₹1,00,000 |
₹1,00,000 |
NIL |