How to Use SBI Net Banking: A Complete Step-by-Step Guide

Online banking has become a necessity, especially in urban areas, as life is still adjusting to new norms. Internet and mobile banking enable customers to manage their finances from home—transfer funds, pay bills, and open accounts. The State Bank of India (SBI) is a leader in this space, with 1.15 crore registered mobile banking users, accounting for around 50% of all mobile banking transactions in India.

SBI mobile banking services are available to everyone, be it anyone using the multiple-choice model of mobile devices. The figures for the Reserve Bank of India estimate that around 4.5% of total retail customers in SBI make use of mobile banking. This is proved by the immense pace at which online banking has been adopted by a number of people.

SBI's net banking service will save you lots of time as there is no requirement to visit the branch. All bills can be paid, money transferred, and even a fixed or current account and chequebooks ordered. On top of that, it allows you to shop online, purchase insurance, buy tickets, and demand drafts—all without even stepping into the bank. That's how it is convenient, secure, and easy to carry out all your banking business!

What is SBI Bank?

A global public sector bank, the State Bank of India, has a history of more than 200 years. The country's largest banking group, headquartered in Mumbai, reaches more than 50 crores with over 22,500 branches, 63,580 ATMs, and 82,900 BC outlets. Other subsidiary operations also include SBI Life Insurance, SBI Mutual Fund, and SBI Card. It emphasizes innovations, customer service, and solutions for sustainable banking. Its reach is to 29 countries overseas.

Services offered by SBI Bank Net Banking

Here's the information in table format

Benefits of using SBI Bank Net Banking

Some of the great advantages that SBI Net Banking offers are

• Convenience: Banking from home without physically going to a branch.
• Cost Savings: Save time and cost by carrying out routine transactions online.
• Security: Activate extra features for safe transactions.
• Customization: Create personalised banking profiles.
• Transaction Limits: Define third-party transfer and demand draft limits.
• Account Management: Open and manage Fixed Deposits and Recurring Deposits.
• Bill Payment: Pay bills, taxes, and dues.
• Fund Transfer: One can transfer funds from SBI to other accounts in the bank.
• Data Pooling: Make bulk payments for salaries, bills, and taxes.
• Online Shopping: One can shop online with their SBI account.
• Cheque Book Ordering: Order cheque books online.
• Insurance Purchase: Buy general insurance online.

Read More -  SBI Savings Account

How to open a zero-balance account in SBI online?

Eligibility criteria for opening an account in SBI

• He/she should be a citizen.
• Accounts can be opened in single as well as joint names.
• Applicants must have an active mobile number.
• Applicants should be above 18 years of age.
• Applicants should have valid KYC documents.
• Minor can open a minor savings account above 10 years of age.

Required Documents to Open Zero Balance Account in SBI

The procedure for opening a zero-balance account in SBI is quite hassle-free. All one needs to do is prepare these required documents to complete the procedure:

• One passport-size photograph
• Address Proof like an Aadhaar card, Passport, Voter ID, Ration card, Bank statement, etc.
• Proof of identity with a Passport, Aadhaar card, PAN card, Driving license, etc.
  
  

Here’s the step-by-step process to open a zero-balance account in SBI online

1. Download ‘YONO SBI: Banking & Lifestyle’ from the Google Play Store or Apple Play Store.
2. Install the application on your device.
3. Open the app and click on ‘New to SBI’.
4. On the next page click on the 1st option, ‘Open Savings Account’.
5. Click on ‘Without Branch Visit’.
6. Click on ‘Insta Plus Savings Account’ and then click on ‘Submit’.
7. Click on ‘Start a new Application’.
8. Tick on ‘My employee details are not listed above’, and then click on ‘Next’.
9. Then on the next page, information about Video KYC is given; read it and click on ‘Next’.
10. Read the process and click on ‘Next’.
11. Enter your mobile number and email ID, and click on ‘Submit’.
12. Enter the OTP received on your mobile number and email ID, and click on ‘Submit’.
13. On the next page, create a strong password of your choice.
14. Select any security question provided in the list, type the answer below, and click on ‘Next’.
15. On the next page, read your details and click on ‘Next’.
16. Enter your Aadhar card number.
17. Enter the OTP received on your registered mobile number, and click on ‘Submit’.
18. On the next page, enter your details (like name, title, gender, DOB), and click on ‘Next’.
19. On the next page enter your address details and click on ‘Next’.
20. On the next page, enter your correspondence address and click on ‘Next’.
21. On the next page, enter your PAN card number and click on ‘Next’.
22. Fill in all the other details and click on ‘Next’.
23. Enter the nominee details and click on ‘Next’.
24. Select your nearest branch as your home branch and click on ‘Next’.
25. Accept the terms and conditions and click on ‘Next’.
26. Enter the OTP received on your registered mobile number and click on ‘Next’.
27. On the next page, a token number is generated. Keep this token number safe.
28. Then the process of video KYC will start.

Here’s the step-by-step process to open a zero-balance account in SBI offline

1. Visit the nearest SBI branch to open a zero-balance account.
2. Request the account opening form and fill it out with all the details.
3. Attach the required documents and verify the information you have furnished.
4. Hand over the form and documents to the SBI officers.
5. Officials will check the details and open your account after verifying all the details.

What is the SBI Zero Balance Account Withdrawal Limit Per Day?

There are no daily withdrawals for a zero-balance account of SBI, but the same account holder gets a total allowance of 4 cash withdrawals monthly, which means both UPI and cash withdrawals.

Maximum balance limits in SBI Zero Balance Account

There are no maximum balance limits for an ordinary zero-balance account in the bank. However, there are restrictions for some special types of accounts. For Minor's Savings account, the upper balance limit is set at ₹10,00,000. While the balance in the Basic Savings Bank Deposit Small account cannot exceed ₹50,000.

SBI Zero Balance Account UPI Transaction Limit

In the case of zero-balance accounts from the SBI, the UPI transaction limit will be ₹1,00,000. However, in contrast to the UPI transaction limits of other savings accounts, this cannot be exceeded.

How to register for SBI Bank Net Banking?

After opening the bank account, you can proceed with the self-registration for the net banking facility.

Here’s is step-by-step process on how to register for SBI Bank net banking online

·       Visit the official website of SBI.

·       Click on the ‘New User Registration/Activation’ for personal net banking or ‘New Corporate Registration’ for corporate banking, according to your preference.

Note: If you have already obtained a preprinted kit from the branch for activating the INB facility, you should not proceed with this link. This applies to retail customers only.

·       Select New user registration and click on ‘Next’.

·       Fill in the details (like account number, CIF number, branch code, country, registered mobile number, facility required, captcha), and click on ‘Submit’.

·       Enter the OTP received on your registered mobile number and click on ‘Confirm’.

Note: If you have an ATM card, you can complete the registration process and activate SBI net banking services for your account.

·       Select the ATM card option and click on ‘Submit’.

·       Enter the debit card details (like card number, expiry date, name, PIN, captcha), and click on ‘Proceed’.

·       Create your login password (the password must have upper- and lower-case alphabets, one number and one special character). 

·       Re-enter the password to confirm and click on ‘Submit’.

·       You’ve successfully registered with SBI Net Banking.

Here’s is step-by-step process on how to register for SBI Bank net banking offline

1. Visit your nearest SBI branch.
2. Ask for a net banking registration form.
3. Fill in the form carefully.
4. Submit the form along with the documents.
   
   

• But in case you have a single account, hold an ATM card, and register your mobile number with the bank, then it can activate the SBI net banking instantly.
   

  Also Read –  SBI HRMS

  
  

• If you hold the account as a joint holder, you have to go through proper authentication in that respective bank branch.

Here’s is step-by-step process on how to register for SBI bank net banking via Debit Card

·       Visit the official website of SBI.

·       Click on the ‘New User Registration/Activation’ for personal net banking or ‘New Corporate Registration’ for corporate banking, according to your preference.

Note: If you have already obtained a preprinted kit from the branch for activating the INB facility, you should not proceed with this link. This is applicable to retail customers only.

·       Select New user registration and click on ‘Next’.

·       Fill in the details (like account number, CIF number, branch code, country, registered mobile number, facility required, captcha), and click on ‘Submit’.

·       Enter the OTP received on your registered mobile number and click on ‘Confirm’.

·       Select the ‘Register with Debit Card’.

·       Fill in the debit card details and select the type of registration, then click on ‘submit’.

·       Enter the OTP received on your registered mobile number.

·       Set your PIN.

How to log into SBI Bank Net Banking

Here’s a step-by-step process on how to log into SBI Bank Net Banking:

1. Visit the official website of SBI.
   
   
2. Click on ‘Login’ under Personal Banking for personal net banking or ‘Login’ under Corporate Banking for corporate net banking, according to your preference.
   
   
3. On the next page, click on ‘Continue to Login’.
   
   
4. On the login page, enter your Username, password, and captcha, then click on ‘Login’.
   
   
5. You’ll be redirected to the homepage.

Disclaimer: If you don't remember your USER ID, then call the customer care of SBI bank (1800-11-2211). Or, you can find the message when you register your account in the SBI Bank. That message will contain your USER ID and password for login.

How to reset the password of SBI Bank Net Banking

1. Visit the official website of SBI.
   
   
2. Click on ‘Login’ under Personal Banking for personal net banking or ‘Login’ under Corporate Banking for corporate net banking, according to your preference.
   
   
3. On the next page, click on ‘Continue to Login’.
   
   
4. On the login page, click on the link ‘Forgot Username/Login Password’.
   
   
5. Select ‘Forgot My Login Password’.
   
   
6. Enter the following details (like username, account number, country, mobile number, DOB), and click on ‘Next’.
   
   
7. Enter the OTP received on your registered mobile number and click on ‘Verify OTP’.
   
   
8. Follow the instructions in the email to reset your password.
   
   
9. Set your new password.
   
   
10. Re-enter your new password.
    
    
11. Click on 'Submit' to complete the process.
    
    

How to check SBI Bank account balance online

1. Visit the official website of SBI.
2. Log into your SBI net banking account (refer to the login steps above if needed).
3. Click on the ‘Funds Transfer’ option.
4. On the homepage, click on the 'Account Summary' option under Quick Links.
5. On the next page, click on 'Click here for balance' to check your balance.

SBI Bank Net Banking Customer Care

Following are the toll-free helpline numbers for contact with the SBI Customer Care Team:

• 18001234
• 18002100
• 1800112211
• 18004253800
• 08026599990
  
  

State Bank of India also allows net banking facilities, keeping the customers in sync with the modern world. By means of online access, all such activities, like fund transfers, checking the account balance, bill payments, etc., can be conducted easily using the SBI net banking facility.

How to transfer funds via SBI Bank Net Banking

You can transfer money through SBI Net Banking for

• IMPS: Transfer money to another person or account using an MMID, which is the Mobile Money Identification Number.
• RTGS: Transfer funds to another bank account.
• Other SBI Account Holders: Send the amount to another SBI Account Holder.
• Cash Transfers: Transfer cash to another person or account.

Here’s a step-by-step process on how to transfer funds via SBI bank net banking

Within SBI

1. Visit the official website of SBI.
2. Log into your SBI net banking account (refer to the login steps above if needed).
3. Click on ‘Fund Transfers’ from the top menu.
4. If you are transferring to your own SBI account, select ‘Fund Transfer (Own SBI A/c)’. If transferring to someone else’s account, select ‘Accounts of Others’.
5. Enter the account and branch details.
6. Click on ‘Confirm’ to complete the process.

Banks other than SBI

• Visit the official website of SBI.
• Log into your SBI net banking account (refer to the login steps above if needed).
• Go to the ‘Fund Transfers’ section and select ‘Other Bank Transfer’.
• Choose NEFT from the options.

Note: First, you need to add the beneficiary. Enter their account number, name, bank name, and the IFSCCode of their branch. You can add one beneficiary per day, and it takes 4 hours for the beneficiary to be active.
 

• Enter the amount you want to transfer and click on 'Proceed.’

• Enter the OTP received on your registered mobile number to complete the transaction.

How to add Payee in SBI Bank Net Banking

1. Visit the official website of SBI.
2. Log into your SBI net banking account (refer to the login steps above if needed).
3. Click on ‘Fund Transfers’ from the top menu.
4. Click on 'Add/manage beneficiary' under the ‘Payments/Transfers' option.
5. Choose the type of beneficiary (e.g., another bank or SBI).
6. Enter the beneficiary's details (account number, name, etc.), and click on ‘Submit’.
7. Approve the beneficiary.
8. Enter your profile password again.
9. Click on the 'Approve beneficiary' option.
10. Choose 'Approve through OTP'.
11. Enter the OTP received on your registered mobile number.
12. Click 'Approve' to complete the process.

Limits and Charges on transferring funds via SBI Bank Net Banking

Here is the information about limits and charges on transferring funds via SBI bank net banking in a table format

Do’s and Don’ts while using SBI Bank Net Banking

Here are a few important dos and don'ts for accessing SBI net banking

DOs

• Use a strong password: Combine both uppercase and lowercase letters, numbers, and special characters. Avoid using commonly used words or phrases.
  
  
• Check the account regularly: Regularly check the account from a secure location.
  
  
• Have a unique username: Use an exclusively unique username to add more security features.
  
  
• Keep your passbook and chequebook Handy: You can find your account number, CIF number, and branch details in your passbook.
  
  
• Keep your ATM card handy: Carry your ATM card when you are signing up for net banking.
  
  
• Put in the right mobile number: Ensure that the same mobile number is used during sign-up as was used to register your account.
  
  

Don'ts

Avoid giving your details: Do not give any person your account number, OTP, or your password.

Don't use public Wi-Fi: Do not access net banking via unsecured public Wi-Fi.

Do not click unknown links: Do not open links appearing from suspicious mail or SMS.

How to register into YONO SBI: Banking & Lifestyle

• Download ‘YONO SBI: Banking & Lifestyle’ from the Google Play Store or Apple Play Store.
• Install the application on your device.
• Open the app and click on ‘Register Now’.
• Select your mobile number and click on ‘Next’.
• On the next page, click on ‘Proceed’.
• Now you’ll see 2 options: ‘Register for YONO with my ATM card’ and ‘Register with Account Details’.
• Select the ‘Register for YONO with my ATM card’ option.
• Fill in the details (like account number, DOB, mobile number), and click on ‘Next’.
• Enter the OTP received on your registered mobile number and click on ‘Submit’.
• Review user details, select transaction rights, then click on ‘Next’.
• Enter the last 6 digits of your ATM card and click on ‘Next’.
• Enter your 4-digit ATM PIN and click on ‘Submit’.
• Create your username and password, then click on ‘Confirm’.
  
  

Note: Read the instructions given below while creating your username and password.

• Your YONO app is successfully activated.
• Click on ‘Set MPIN’.
• Read the information carefully and click on ‘Next’.
• Set your MPIN and click on ‘Next’.
• Enter the OTP received on your registered mobile number and click on ‘Next’.
• You’ve successfully registered in the YONO app.
  
  

Now you can easily log into the YONO SBI Banking & Lifestyle App

1. Download ‘YONO SBI: Banking & Lifestyle’ from the Google Play Store or Apple Play Store.
2. Install the application on your device.
3. You can log in in two ways, either by your MPIN or your username and password.
4. Select one according to your preference.
5. Fill in the details (like username and password) and click on ‘Login’.
6. You’ve successfully logged into the YONO app.
   
   

How to register into Yono Lite SBI - Mobile Banking

1. Download ‘Yono Lite SBI - Mobile Banking’ from the Google Play Store or Apple Play Store.
2. Install the application on your device.
3. Open the app, verify your mobile number and click on ‘Proceed.’
4. Enter your username and password and click on ‘Submit’.
5. Agree to the terms and conditions and click on ‘Accept’.
6. Enter the OTP received on your registered mobile number and click on ‘Submit’.
7. Set your MPIN or enable fingerprint according to your preference, and click on ‘Yes’.
8. Enter your Username and password and click on ‘Login’.
9. Click on ‘3 Lines Logo’ on the top left corner of the page to create your MPIN or to enable fingerprint.
   
   

Now you can easily log into Yono Lite SBI (Mobile Banking)

1. Download ‘Yono Lite SBI - Mobile Banking’ from the Google Play Store or Apple Play Store.
2. Install the application on your device.
3. Enter your User ID and password, and click on ‘Login’.
4. You’ve successfully logged into Yono Lite SBI—Mobile Banking.

Difference between Yono Lite SBI - Mobile Banking app and YONO SBI: Banking & Lifestyle app

YONO SBI

• IBM has developed the YONO SBI, an all-in-one mobile banking application.
  
  
• It is offering services of more than 100 e-commerce companies and other special discounts for various services.
  
  
• YONO SBI enables a user to open a bank account, transfer money, pay electricity bills, loan applications, and withdraw money from ATMs using an ATM card.
  
  
• It comes with customised spending analysis and deals from popular brands. Besides, one can book a car and OYO stay through the app.
  
  
• YONO SBI is easy to use and ensures secure transactions.

YONO Lite

• YONO Lite is the lite version of YONO SBI. It is for low-end mobile handsets and poor internet.
  
  
• YONO Lite offers basic services like transferring funds, UPI, and nomination. It also provides the latest digital fraud protection.
  
  
• While it provides basic bank services, some of the best features of the YONO SBI may miss out on integration with social media, and other things may become slower.

Other SBI apps

• Yono Business app: Yono Business is a mobile app that is designed for corporate internet banking users. Under one umbrella, this app offers a unified experience of Khata Plus, Vyapaar/Vistaar, Saral, and other variants of SBI Corporate Internet Banking. It allows corporate makers, authorisers, and enquiries to initiate payments and manage accounts.
  
  
• SBI Card app: The SBI Card app enables easy management of the SBI Credit Card. The app offers an option to view account details, make payments, book travel through the E-Store, and manage rewards. Besides, one can raise service requests, apply for add-on cards, manage their PIN, subscribe to e-statements, and activate international usage.
  
  
• SBI Quick app: The SBI Quick app is absolutely free, with which you can access your bank account and get on with things on the move. It includes balance checks, mini statements, ATM card management, mobile top-ups, and social security scheme subscriptions.

How to avail services through SMS and Call in SBI Bank Net Banking

Here is the information in table format

Conclusion

Easy and secure management of finances can be done with the help of SBI Net Banking. Whether it is a money transfer, bill payment, or checking of balance, banking at home becomes easier and more convenient without a visit to the branch. Zero balance accounts, UPI transactions, and whatnot are all available through SBI services.

The procedure for registration, transfer of funds, and management of your account is extremely easy and hassle-free. Along with added security features, SBI ensures the safety of all your transactions. Enjoy banking at home with the convenience of SBI Net Banking and experience banking like never before!

FAQs related to SBI Bank Net Banking

Q1: What are two types of passwords that are used in SBI Net Banking?

Two types of passwords are provided to the customer in SBI Net Banking, namely Login password and Profile password. The login password is required for accessing the account, and for making any type of transactions in the account, the profile password is needed. 

Q2: Which application is used for SBI Net Banking?

YONO SBI: Banking & Lifestyle app is used for SBI Net Banking. You can log in to the Yono app or portal using your online SBI login credentials or account details, which include your ATM card. You can also opt for a 6-digit MPIN on the mobile app that you can use for quick logins in the future.

Q3: How many free transactions are there in SBI ATMs per month?

SBI allows 5 free ATM transactions within a month with an amount lower than Rs. 20,000. Otherwise, it incurs extra costs.

Q4: How long does the SBI Net Banking password last?

The SBI Net Banking password shall remain valid only for 180 days, and it is always advised to change your password at least once every 180 days to keep yourself highly secure.

Q5: Is OTP required to complete Net Banking transactions?

OTP is required while doing Net Banking. It becomes the second authentication factor in a two-factor system. After login and password input, an OTP is sent on your registered mobile number. A transaction cannot be completed without the OTP, thereby making it one of the integral steps for maintaining account safety.

Apply for Loans Fast and Hassle-Free

Apply Now

About the Author

LoansJagat Team

We are a team of writers, editors, and proofreaders with 15+ years of experience in the finance field. We are your personal finance gurus! But, we will explain everything in simplified language. Our aim is to make personal and business finance easier for you. While we help you upgrade your financial knowledge, why don't you read some of our blogs?