Change Your SBI Account Home Branch Without Visiting the Branch

Various Methods of Changing Your SBI Account Home Branch

Changing the home branch of your SBI account allows for better management and accessibility of your accounts. Today, with advancements in digital banking, you can transform your home branch through various means. This article will guide you through the process of changing your SBI account home branch without the need for a physical visit to the branch.

Traditional Approaches

Before the advent of digital banking, you had to physically visit your home branch to transfer your account. However, now various digital and non-digital methods are in place to make this process more convenient. Here are the steps and methods to follow:

Sending a Mail: You can send a simple mail to your home branch or the branch where you want your account to be transferred. Both the sending and receiving branches can initiate this process. In-person Visit: If you prefer, you can visit the branch in person. You can send your account to be transferred by either the branch where you want to transfer it or the branch that is doing the transfer.

For the mail or in-person visit, you will need to submit a signed application detailing your request. Once the receiving branch processes the request, it will notify the home branch and the account will be transferred.

Through Internet Banking

With the advent of digital banking, many financial institutions, including SBI, have simplified the process of account transfers. Here’s how to change your SBI account home branch through Internet Banking:

Log in to your SBI net banking portal. Go to the 'Account Transfer' section. Enter the desired branch code where you wish to transfer your account. Acknowledge and accept the terms and conditions. Your account will be transferred within 4 hours.

This method is more convenient and efficient as it eliminates the need for physical visits and paperwork.

Other Methods

In addition to the aforementioned methods, you can also:

Send an application to your home branch through postal mail. Submit a scanned, signed application to the desired branch via email. Forward the application to the branch where you desire the account to be transferred. For joint accounts, all joint account holders must sign the request letter for the account transfer, and the KYC documents must be submitted and verified as needed.

Before initiating the account transfer, ensure that your account is up-to-date with KYC and that your signature perfectly matches the specimen with no outstanding dues from your end.

Online Procedure for SBI Savings Account Transfer

Through Internet Banking: SBI now allows you to transfer your savings account online without a physical visit. Here's how you can do it:

1. Log in to your SBI Retail Internet Banking app or website.

2. Navigate to the 'Account Transfer' section.

3. Enter the desired branch code where you wish to transfer your account.

4. Accept the terms and conditions.

5. Your account will be transferred within 4 hours.

To ensure a smooth transfer, make sure you verify all necessary documents and confirm the branch code.

Branch Channel

Customers can submit a request for account transfer either at the transferring (transferor) or the receiving (transferee) branch. If the request is submitted at the transferee branch, a scanned copy of the account transfer request is sent by the transferee branch to the transferor branch via branch official email.

For joint accounts with a mode of operation as “both/all jointly,” “either or,” “survivor former,” “survivor latter,” etc., all joint account holders must sign the request letter for the account transfer.

In cases where KYC is incomplete, customers can submit the necessary KYC documents at either the transferor or transferee branch. If documents are submitted at the transferee branch, they can verify and send the scanned copies of these documents to the transferor branch to enable the account transfer.

For inoperative accounts, the transfer process is similar. The inoperative status of the account continues to be reflected in the Central Bank System (CBS) at the transferee branch even after the transfer.

Conclusion

The process of changing your SBI account home branch has been made significantly easier with the advent of digital banking. Whether you choose to go through the online portal or the traditional methods, the steps are largely the same. The key is to ensure that all necessary documents are in order and to verify the branch code accurately. Enjoy the convenience of managing your account from the comfort of your home!