Category: GeneralInfo

  Charges / Limits shown below are subject to change and bank may change it without prior notice. Per day limit includes standing instructions / scheduled transactions for the day as also the bank charges pertaining to the transactions, wherever applicable.   Minimum Transaction Amount Rs. Maximum Transaction Amount Rs.(Per Day) Bank’s Charges Rs. Transfer to own account Re 1/- 10,00,000/- NIL Creation of e – TDR/ e – STDR 1,000/- 10,00,000/- NIL Creation of e – RD (Monthly instalment) 100/- 10,00,000/- NIL Transfer to other account in SBI Re 1/- 5,00,000/- NIL Transfer to PPF (max 12 transactions per […]

Who is a third party? A third party is a Customer of State Bank of India to whom you can transfer funds from your accounts. If you have an account in a specific associate bank of the SBI group, the third party account should also belong to the same bank. What is the procedure to add a third party to my account? You need to register third party details specifying the third party name, account number and branch. You will receive a high security password in your mobile number to approve this third party. On approval, the third party becomes […]

What is funds transfer? You can transfer funds online to your own accounts in the same branch or other branches (same bank). The amount transferred cannot exceed Rs 10,00,000 which is the per day Intra branch funds transfer limit for SBI and all associate banks. You can use this feature to transfer funds from current to savings or deposit accounts. What is the procedure to transfer funds? Select the accounts which will be debited and credited. Specify the amount to be transferred and the remarks for this transaction. Remarks help you to identify the transaction in your account statement. If […]