How to open SBI Savings Account online? Step by step procedure

Open SBI Savings Account online/ Step by step procedure/ How to open SBI accounts online/ Documents required to open a saving account in SBI.

State Bank of India offers you to open your savings account in the bank online . This is the step taken by the bank authorities according to the Digital India mission of the government. As we all are aware of the Digital India mission which aims to make all government platforms online which can reduce the paperwork as well as the time spend by the people . It is a very helpful action taken by the government.

The State Bank of India offer you several kinds of savings account, if want to apply online you have two options the Instant Savings Account and the Digital Savings Account. You can choose any one of them.

The option to open an account online gives you a hassle-free and paperless banking experience without visiting the bank branch. In this prevailing Covid-19 situation, you can open a savings account at the comfort of their homes. It will keep you safe as well as get your work ready.

There are more than 9000 branches of SBI which are spread over the country , you  can choose anyone which is near to your locality and experience the benefit of best ever banking.

Steps to Open a Savings Account in State Bank of India Online

  1. Visit the State Bank of India homepage
  2. Click on “Apply Now”.
  3. Choose “ SBI Savings Accounts”.
  4. Fill in the application form – Name, Address, Date of Birth and other various details .
  5. Click on submit.
  6. Once the details have been submitted, the bank will intimate the applicant to visit the branch will the requisite KYC documents – proof of identity and address.
  7. On submission of the documents, the bank will initiate the verification process.
  8. Following approval, the account will be activated within 3-5 bank working days.
  9. You will be then issued with your Debit card , passbook and various other instruments.

Steps to Open a Savings Account with State Bank of India(SBI)

  1. To open a SBI savings account at any SBI Bank branch, customers will have to follow the steps mentioned below.
  2. Visit the SBI branch closest to you.
  3. Request the bank executive for an account opening form.
  4. On the account opening form, applicants will have to fill in both the parts.
  5. Form 1 – Name, Address, Signature, various other details and assets.
  6. Form 2 – Customers will have to fill in this part if they do not have a PAN card.
  7. Ensure that all the fields have been entered and are correct. The details mentioned in the application form should match those mentioned in the KYC documents that have been submitted.
  8. The customer will now have to make an initial deposit of Rs.1,000.
  9. As soon as the bank completes the verification process, the account holder will be granted a free passbook and Cheque book.
  10. Simultaneously, customers can submit the internet banking form if you wants to use the net banking facilities of the bank.

Eligibility for State Bank of India Savings Account

To be eligible to open a savings account in State Bank of India, customers need to meet certain criteria.

  • Should be a citizen of India.
  • The individual should be 18 years and above to be eligible.
  • In the case of minors, the parents or legal guardian of the minor can open the account on their behalf.
  • The applicant is required to have valid identity and address proof that is Government approved.
  • Following approval from the bank, the applicant will have to make an initial deposit – depending on the minimum balance requirement of that particular savings account he/she has chosen.

Documents Required to Open SBI Savings Account

To be eligible for the SBI Savings Account, customers will have to submit the following documents along with account opening form.

Proof of identityPassport, Driving license, Voter’s ID card, etc.
Proof of addressPassport, Driving license, Voter’s ID card, etc.
Other important documents
  • PAN card
  • Form 16 (only if PAN card is not available)
  • 2 latest passport size photographs

SBI Savings Account Nomination Facility

Following the Government of India mandate, all savings account customers are required to nominate a beneficiary that can operate the account on their behalf. When filling in the application form, customers will be required to choose a nominee. If in case the nominee is a minor, he/she will be allowed to operate the account only once they turn 18 years old. Following the death of the account holder, the nominee can operate the account on his/her behalf.

State Bank of India Savings Account Welcome Kit

Following approval of the bank, the customer will receive a savings account welcome kit. The kit will contain:

  • SBI ATM debit card
  • The PIN will be sent in a separate post.
  • SBI cheque book of 10 leaves.
  • Pay-in slips

One will have to ensure that the welcome kit is sealed on arrival.

SBI Savings Account Helpline

For any help, grievance, or request related to SBI savings account, customers can contact the helpline at – (1800) 112 211

SBI Savings Account Helpline

For any help, grievance, or request related to SBI savings account, customers can contact the helpline at – (1800) 112 211

Why SBI savings account considered better?

SBI Savings Account has several benefits including better online facilities , vast infrastructure and reliability. Only SBI bank accounts are entertained in government recruitments. It is completely government owned enterprise  which makes it more reliable in the eyes of the people.

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