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Can I transfer SBI account from one state to another?

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Can I transfer SBI account from one state to another?

State Bank of India (SBI) has recently announced that customers can transfer their accounts from one branch to another online without visiting the bank. The account holders can use YONO SBI, YONO Lite apps and through Online SBI services to transfer of the account.

How do I transfer my bank account to another state?

Fortunately, that is quite a simple process – all you need to do is visit your current branch (or the branch in your new location) and submit an application for change of home branch, along with your old cheque book and a proof of residence in the area where you want your account to be transferred.

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How can I transfer my SBI account from one state to another offline?

Transfer SBI Bank Account Offline mode/ branch

  1. Write an application that includes the account name, number, and branch code of the bank where you want the account transferred.
  2. Carefully mention the date and sign it.
  3. Request the bank official that the CIF number be transferred along with the account number.

Can I change my SBI branch online?

You can now do SBI branch transfer online from the comfort of your home. Yes, you read it right! Now SBI branch transfer process can be completed using YONO SBI, YONO Lite, and OnlineSBI. Using these facilities, you can SBI branch change online at any time from the comfort of your home or office.

Can we transfer account from one state to another?

One can now transfer the SBI savings account online, from one branch to another, anywhere in the country within a week, free of cost. The online transfer process can only be done if your mobile number is registered with the bank and if you have access to Net banking.

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How long does it take for SBI account transfer?

How do you transfer bank accounts?

How To Switch Banks: A Step-By-Step Guide

  1. Decide Where to Open a New Bank Account.
  2. Make a List of Your Automatic Payments and Deposits.
  3. Open Your New Bank Account.
  4. Enroll in Online and Mobile Banking.
  5. Update Your Automatic Payments and Deposits.
  6. Close Your Old Bank Account.

How do I transfer my bank account from one city to another?

Step 1: Visit the official website ‘www.onlinesbi.com’. Step 2: Select ‘Personal Banking’ and using your username and password. Step 3: A home page will be displayed on your screen, click on ‘e-services’ tab on the top panel. Step 4: After that click on ‘Transfer of savings account’ from the quick links.

Who is the owner of SBI bank?

Government of India
State Bank of India/Parent organizations

As on 31 March 2017, Government of India held around 61.23\% equity shares in SBI. The Life Insurance Corporation of India, itself state-owned, is the largest non-promoter shareholder in the company with 8.82\% shareholding.

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