SBI to other Bank account online money transfer | Send money from SBI to other Bank account online | SBI Mobile banking other bank transfer | Fund Transfer SBI To Other bank accounts
Want to transfer money online from your SBI account to other bank accounts through SBI anywhere mobile banking application? – Here is step by step guide.
SBI Mobile Banking application – SBI Anywhere Personal now lets you add the beneficiary and send money directly from your phone. You don’t need to open the website for fund transfer online.
Follow below step by step guide and transfer money online from your SBI account to other bank account using IMPS, NEFT or RTGS.
SBI to Other Bank Account Money transfer Through Mobile Banking
First, you need to add the beneficiary account, the person whom you are sending money called beneficiary. After adding the beneficiary, you can send money to his/her account.
Step 1: Login to SBI Anywhere personal Mobile Banking application.
Step 2: After login, tap and open Fund Transfer and then tap on Add/Manage Beneficiary.
Now enter your profile password, yes net banking profile password.
Step 3: To add the beneficiary, tap on Add icon and select Other Bank Account.
Step 4: And now enter the Person’s name, account number, IFSC code and set transfer limit for him. Accept terms and conditions and submit.
Step 5: On the next screen, confirm your entered details are correct and tap on confirm.
You will receive OTP on your registered mobile number to confirm your request. Enter OTP and submit.
Done! you have successfully added other bank account beneficiary.
Now, wait for 4 hours to activate this added beneficiary. You will receive an SMS that your added beneficiary has been activated. After beneficiary activation, you can send money to his/her bank account.
After Beneficiary Activation, now you can send money to his/her bank account.
Step 6: To send money, tap on Fund Transfer and then tap on Other Bank Accounts.
Step 7: Now select your Debit account number, in Mode of transfer select IMPS, NEFT or RTGS (if amount below 2 lac then select IMPS, otherwise select NEFT or RTGS). Now select Added Beneficiary and enter the amount and submit.
Step 8: On the next screen, confirm your transfer by tapping on the confirm button.
Next screen, enter OTP received on your registered mobile number to confirm your transaction.
You are done! You have successfully transferred money from your SBI account to other bank account which added by your as beneficiary.
If you selected IMPS option for fund transfer, the money will be credited to his/her account instantly, if your amount was above 2 lac and sent using NEFT then it takes 4 hours to complete the transfer.
Mode of transfer:
- IMPS: Send 2 lac per day instantly to any bank account (Available 24/7)
- NEFT: Send Rs.100 to 10 Lac to any bank account (Available banking hours)
- RTGS: Transfer Rs.2 lac to 10 lac to any bank account (Available banking hours)
I hope you now understand how to transfer money online from your SBI account to other bank account through mobile banking SBI anywhere personal. If the amount is less than 2 lac then select IMPS mode to transfer money instantly.