Professional Documents
Culture Documents
DOMESTIC TREASURY
SBI VISHWA YATRA FOREIGN TRAVEL CARD
BROKING SERVICES
REVISED SERVICE CHARGES
ATM SERVICES
INTERNET BANKING
E-PAY
E-RAIL
RBIEFT
SAFE DEPOSIT LOCKER
GIFT CHEQUES
MICR CODES
FOREIGN INWARD REMITTANCES
INTERNET BANKING
www.onlinesbi.com the Internet banking portal of our bank, enables its retail banking
customers to operate their accounts all across India, removing the restrictions imposed by
geography and time. It's a platform that enables the customers to carry out their banking
activities from their desktop, aided by the power and convenience of the Internet.
Availing the Internet banking services, you can do the following normal banking transactions
online:
• Self-account funds transfer across India.
• Third party transfers in the same branch
• New account opening
• Demand Draft requests
• Standing instructions
• New Cheque-book request and much more.
Apart from these, the other salient value-added features available are:
• Railway tickets booking,
• Utility bill payments
• LIC and other insurance premia payments,
• SBI Mutual funds Investments
• Remit Subscription to PPF account,
• Credit card dues payments,
• Deposit your taxes,
• Donations to your religious inspirations
• Donations to Red Cross and such other organisations
• Setting up SMS alerts for transaction information.
MOBILE BANKING SERVICES
The service is presently available on java enabled mobile phones over SMS/ GPRS/ WAP as
also non java phones with GPRS connection. The service can be availed over the free GPRS
facilities offered by various mobile service providers. The services for other non-Java mobile
phones are under development and will be offered using Unstructured Supplementary
Services Data (USSD).
The following functionalities will be provided in the Phase I:
The Mobile Banking Service will be available to all the customers having a
•
satisfactory running account (Current/ Savings). The customers will have to register
for the services.
Daily transaction limits for fund transfer and bill/ merchant payment will be
•
Rs.5000.00and Rs.10,000.00 respectively per customer with an overall calendar
month limit of Rs.30,000.00
• The service will be carrier-agnostic i.e. all customers can avail the mobile banking
service with the Bank irrespective of the service provider for their mobiles.
• The service is free of charge. However, the cost of SMS / GPRS connectivity will
have to be borne by the customer.
Fees:
There is no joining fee for State Bank ATM-cum-Debit (Cash Plus) card. Annual maintenance
fee of Rs. 50/- p.a. will be recovered from the second year of issue.
Apply for your card
If you already have a Savings Bank or Current Account with us, apply for State Bank ATM-
cum-Debit (Cash Plus) card at your branch.
If you are not banking with us, start doing so ………
State Bank Cash Plus International Card:
This is an International ATM-cum-Debit Card with which you can enjoy shopping at over
2,64,000 establishments in India and over 10.5 Million establishments worldwide displaying
Maestro logo, wherein the amount you spend on your card is automatically debited to your
account. Withdraw cash from over 12,000 ATMs of our group FREE and over 16000 ATMs of
other banks under bilateral sharing viz. Andhra Bank,Axis Bank, Bank of India, The Bank of
Rajasthan Ltd. Canara Bank, Corporation Bank, Dena Bank, HDFC Bank, Indian Bank,
IndusInd Bank, Punjab National Bank, UCO Bank and Union Bank of India apart from ATMs
displaying Master Card/ Maestro / Cirrus logo in India and more than 8,20,000 ATMs across
the globe for a nominal fee.In India, it would function as the State Bank ATM-cum-Debit
(Cash Plus) card.
WITHDRAWAL LIMIT: -
i) Cash Withdrawals(per day) :
India Abroad
>
Minimum Rs. 100 Depends on the Bank whose
ATM is being used
Maximum Rs. 45000 US$1000 or equivalent
Eligibility:
All Saving Bank and Current Account holders having accounts with networked branches and
are:
18 years of age & above
Account type: Sole or Joint with "Either or Survivor" / "Anyone or Survivor"
NRE account holders are also eligible but NRO account holders are not.
Benefits:
* Conditions apply
Download Form For INTERNATIONAL ATM - DEBIT CARD
Acceptability:
RBIEFT
Inter-bank Electronic Funds Transfer facility of the Reserve Bank of India (RBI - EFT) is
available with our branches in the clearing zone of Service Branches at Kolkata, Mumbai,
New Delhi and Chennai. For further details, please contact our Asst. General Managers
(Business Planning, Commercial) at the following telephone numbers:
SBI Vishwa Yatra foreign Travel Card (FTC), a prepaid plastic card issued in association
with VISA International, is presently available in three different currencies - US Dollars,
Euro and GBP. It is a safer method of carrying funds in a safe, convenient and cost effective
way on your visit abroad. It takes away the hassles of going around Money changers and
loosing valuable foreign currency by way of high exchange margins. It also relieves the
customer of the Annual fees, joining fees, credit limits, Mark-ups, unusual transaction
charges etc., usually associated with International Debit / Credit Cards
THE CARD:
ELIGIBILITY:
• Any bonafide citizen of India who plans to travel abroad except Nepal and
Bhutan
• Corporates for their employees whom they plan to send abroad for official
purpose subject to completion of KYC norms
• Parents / sponsors of the students going abroad for higher studies, in the
student’s name and can be subsequently reloaded up to the statutory ceiling
prescribed from time to time
• Foreign Nationals residing in India subject to completion of KYC norms.
FEATURES:
E-PAY
Bill Payment@OnlineSBI.com (e-Pay) will let you to pay your Telephone, Mobile, Electricity,
Insurance and Credit Card bills electronically over our Online SBI website
http://www.onlinesbi.com.
Say good-bye to queues: Check & Pay your bills online, 24 hours a day, over e-Pay. You
even get a Cyber Receipt for your payments done online or scheduled over online SBI!
If your biller presents bills online, you can also give us AutoPay instructions and we will pay
the bills as and when it falls due.
The service is available for select local billers at Ahmedabad, Bangalore, Bhopal,
Bhuvaneshwar,Chandigarh, Chennai,Delhi, Guwahati,Hyderabad, Kolkata, Lucknow,
Mumbai, Patna,Thiruvanathapuram. The national billers like LIC,SBI Cards, SBI Life
Insurance etc. can be paid at any centre accross the country.
You can add billers online using the Add Biller link on http://www.onlinesbi.com site or you
can fill up the SBI e-Pay Registration Form (SeRF) which is available at the branch and
submit thereat. Branch will add your Billers for payment over e-Pay.
E-RAIL
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2. You are required to register on www.irctc.co.in. You can select your train depending on
your journey and book your ticket online.
3. On giving payment option as SBI, the user will be redirected to onlinesbi.com. After
logging on to the site you will be displayed payment amount, TID No. and Railway reference
no.
4. On selecting the payment amount your account will be debited. You will return to
www.irctc.co.in . The ticket with PNR No. will be displayed. You can print the ticket.
6. The user can collect the ticket personally at New Delhi reservation counter .
7. The Payment amount will include ticket fare including reservation charges,
courier charges and Bank Service fee of Rs 10/. The Bank service fee has been waived
upto 31st July 2006.
9. No cash will be paid at the time of cancellation. Only cancellation ticket will be issued.
Your account will be credited after 4 days.
10. SBI shall not be responsible for any delays or disputes regarding tickets.
In MICR technology the information is printed on the instrument with a special type of ink
which is made up of magnetic material. On insertion of the instrument in the machine, the
printed information is read by the machine. MICR system is beneficial as it minimizes
chances of error, clearing of cheques becomes easy and transfer of funds becomes faster in
order to facilitate operations. For details of MICR branch codes please click on the link
below.
http://rbidocs.rbi.org.in/rdocs/content/docs/67440.xls
STATE BANK OF INDIA HAS BEEN AWARDED “THE BEST BANK OF THE YEAR 2008
– INDIA’ BY “THE BANKER” MAGAZINE, LONDON
State Bank of India was adjudged the Best Bank of the Year 2008 by London based ‘The
Banker’ magazine of Financial Times Group.
This award is decided on the basis of intensive research and analysis of financials and
performance of prominent Banks, and clearly SBI emerged as the winner & Best Bank in the
country.
This year’s Annual Bank of the year 2008 awards presentation was held at the Ballroom of
The Dorchester Hotel, London on 26th of November 2008 in an impressive ceremony
attended by CEOs & Heads of commercial Banks from over 116 countries.
Q Do you have a target as to where you see State Bank of India in the future?
A Given SBI is in 57th place now, in five years’ time I would like to be in the top 20 and in two
years’ time I would like to be in the top 50. But I cannot get to the top 20 without government
support. If we can consolidate and raise capital and use it for acquisitions overseas then we can
be in the top 20 in five years.
Q What is SBI’s strategy outside India and do you have any targets for growth outside
India?
A The business outside India is growing faster than that inside. We are a natural first choice for
Indians outside [the country] and we want to go there to satisfy that natural business. At present
our business outside India is about 10% and in about five years we hope to double it to 20%. Our
target is 20% in five years.
Q Remittances are particularly important to the Indian economy as well as to State Bank
of India. What is your strategy on remittances for the years ahead?
A India is the largest recipient of remittances in the world, and State Bank of India gets 25% of
these remittances at present. And as far as targets go, we want to increase our stake in
remittances in the next five years from 25% to 50% and we cannot do this without technology.
We have worked hard on our 16,000 branches and creating a centralised money transfer system
that connects to all our branches.
Money can be transferred not only from London but also from the Middle East to our branches in
a matter of minutes. With this technology and system, known as SBI Express, we want to expand
to the banks we have relations with and also have relations with the Indian diaspora.
We would like to get banks such as Royal Bank of Scotland to use parts of our system and also
build relationships with non-banks in key regions such as the Middle East, including Western
Union, that can take advantage of our extensive network inside India. Western Union, for
example, has an unbeatable network outside India and with our network inside India we are an
unbeatable combination.
We want to build relationships on a wide range of fronts globally, including our merchant
banking arm. We have no plan to extend investment banking relationships on a global basis but
we do not shy away from relationships either; we are looking for natural fits in our partners but
we can be seen to be picky.
Q In terms of Asia, how do you see the bank’s expansion there and what areas do you view
as particular targets?
A We are aware of a number of opportunities and in terms of strategic acquisitions we are
keeping ourselves conversant with them. Recently, focusing on Asia, we launched a retail bank
in Singapore. Right now we have two branches in Singapore but we will scale it up to 25
branches. While some banks are in decline globally at present we are taking a contrary position
and are expanding in Singapore, where we believe we have a good mix of retail and wholesale.
We have designed some new products for retail in Singapore and if our experience with these
products is good and we can integrate them with a back-end in India, then this could provide a
cost-efficient new model that we can use elsewhere in the world. This new model, if it works,
could be applied in markets such as Indonesia, so it is an interesting way forward.
Moving further west, we have set up a branch in the Dubai International Financial Centre and a
branch in Dubai itself and we are keen on partnerships in the Gulf but it is a difficult area to
enter.