State Bank of India (SBI) is India’s largest public sector bank, providing a wide range of financial services to its customers. With the advent of technology, SBI has also made significant strides in the online space, providing a host of online services to make banking easier and more convenient for its customers. In this article, we’ll be looking at the top 10 online services offered by State Bank of India.
1. Internet Banking
SBI’s internet banking service allows customers to perform a range of banking transactions online, from the comfort of their home or office. Customers can log in to their SBI account using their username and password, and perform a range of transactions such as fund transfers, bill payments, and online shopping. The service also offers additional features such as viewing account statements, downloading account information, and applying for new products and services.
2. Mobile Banking
SBI’s mobile banking app is another convenient way for customers to manage their finances. The app is available for Android and iOS devices and allows customers to perform various transactions such as fund transfers, bill payments, and mobile recharges. The app also offers features such as balance enquiries, mini statements, and cheque book requests.
3. SBI Card
SBI Card is a credit card offering from SBI, which can be managed online through the SBI Card website or mobile app. Customers can use the online platform to view their credit card statements, make payments, and track their reward points. The service also offers a range of other features such as EMI conversion, balance transfer, and add-on card requests.
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4. SBI e-TDR/e-STDR
SBI’s e-TDR/e-STDR service allows customers to open fixed deposits online, without having to visit a bank branch. The service is available to both SBI and non-SBI customers and offers competitive interest rates. Customers can choose from a range of deposit tenures and can also opt for automatic renewal of their deposits.
5. SBI e-Tax
SBI’s e-Tax service allows customers to pay their taxes online, without having to visit a tax office or bank branch. The service is available for direct and indirect taxes and allows customers to pay using their SBI account. Customers can also use the service to view their tax credit statements and track their tax refunds.
6. SBI Online Trading
SBI Online Trading is a platform for customers to invest in the stock market online. The platform offers a range of investment options such as equities, mutual funds, and IPOs. Customers can also use the platform to track their investments, view market data, and access research reports.
7. SBI Virtual Card
SBI Virtual Card is a secure online payment solution that allows customers to make online purchases without having to reveal their actual credit card information. The service generates a virtual card number for each transaction, which can be used only once. The service is available to SBI credit card holders and can be accessed through the SBI Card website.
8. SBI Quick
SBI Quick is a convenient way for customers to access banking services through their mobile phone. The service allows customers to perform a range of transactions such as balance enquiry, mini statement, and cheque book request, using simple text commands. The service is available to all SBI customers and can be accessed by sending an SMS to a designated number.
9. SBI Pay
SBI Pay is a mobile payment app that allows customers to make payments using their mobile phones. The app supports a range of payment options such as UPI, Bharat QR, and SBI Buddy. Customers can also use the app to pay bills, recharge their mobile phones, and transfer funds to other bank accounts.
10. SBI Life Insurance
SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif, a French multinational insurance company. The company was established in 2001 and has since become one of the leading life insurance companies in India.
11. SBI YONO
SBI YONO is an integrated digital banking platform that offers a wide range of financial services, such as banking, investments, insurance, and shopping. Customers can access the platform through the mobile app or website, and can perform a range of transactions such as fund transfers, bill payments, and opening fixed deposits.
12. SBI Mutual Fund
SBI Mutual Fund is an online investment platform that allows customers to invest in various mutual fund schemes offered by SBI. The platform offers a range of investment options such as equity funds, debt funds, and hybrid funds. Customers can also use the platform to track their investments, view fund performance, and access research reports.
13. SBI Forex
SBI Forex is an online platform for customers to buy and sell foreign currency online. The platform offers competitive exchange rates and allows customers to make payments using their SBI account. Customers can also use the platform to view exchange rates, track their transactions, and access currency calculators.
14. SBI Pension
SBI Pension is an online service for pensioners to access their pension accounts and view their pension payment details. Pensioners can log in to the SBI Pension website using their pension account number and date of birth, and can view their pension payment history, pension slip, and form 16 details.
15. SBI Corporate Internet Banking
SBI Corporate Internet Banking is a service for corporate customers to manage their finances online. The service allows companies to perform various transactions such as fund transfers, online tax payments, and salary payments. The service also offers features like online trade finance and e-commerce solutions.
