How to Transfer an SBI Account from One Branch to Another

Ease of Transferring SBI Account

Transferring your account from one State Bank of India (SBI) branch to another can be a seamless process, provided you have the required documentation and authorization. The process can be completed online for account holders with net banking and mobile banking rights, or you can visit your current branch to handle the transfer manually. Here’s a step-by-step guide to help you through the process.

Transferring an SBI Account Online

For account holders with net banking or mobile banking capabilities, the process of changing branches online is relatively simple. You can change your branch online instantly. However, it’s important to note that the next branch change is allowed after a minimum period of six months. This ensures that you have adequate time to familiarize yourself with the new branch.

Step-by-Step Process

Log in to Net Banking or Mobile Banking: Access your SBI account using your net banking or mobile banking credentials. Access Account Transfer Service: Look for the option to change your branch in the online banking application. This might be under ‘Settings’ or ‘Account Services’. Submit Your Request: Fill out the required details within the account transfer application form. Be sure to provide accurate and up-to-date information. Submit for Approval: Submit your request and wait for approval from a designated officer. Once approved, the transfer will be completed instantly.

Transferring an SBI Account at the Branch

If you prefer to handle the process manually, you can visit your current home branch to initiate the account transfer. The process here is straightforward and can be completed in a matter of minutes.

Step-by-Step Process

Visit Your Current Branch: Head to your current bank branch during business hours. Complete the Application: Fill out the account transfer application form with all necessary details. You can find this form at the service counter or on the bank's website. Submit to Relevant Personnel: Submit the completed form to the Service Manager, Accountant, or Retail Manager. A teller will be assigned to process the request. Process by Teller: The teller will change the branch code for all your deposit accounts, as well as the associated Customer ID (CIF) record. This process is typically quick and effective. Branch Code Authorization: An officer will authorize the branch code change in the system. Once authorized, your account will be transferred instantly.

Quick and Efficient Transfer Process

The entire process of transferring an SBI account from one branch to another can be completed within minutes, provided everything goes smoothly. Once your account is transferred, it will reflect the changes immediately, with no delay.

Remember the CIF

Remember to transfer your Customer ID (CIF) as well when you are changing the branch. The CIF is a unique identifier for your account across all branches of SBI.

For more information on SBI’s account transfer policies and procedures, feel free to contact the State Bank of India’s customer service.