How do the “Application for Instant Transfer” and “Application for DD” modules work?
For applying for a Instant Transfer / DD you have to go to the respective menu option i.e. Application for DD or Application for Instant Transfer and fill in the necessary particulars like Beneficiary Name, Amount, Branch name/code, mode of collection etc. If the particulars (beneficiary name, branch name/code) are the same as that of a previous Instant Transfer / DD which you had successfully concluded earlier, then this particular Instant Transfer / DD can be selected from the Transaction History option without the need to input the particulars again. Instant Transfer can be applied for only Core Banking enabled Branches of State Bank of India. The Core Banking Account Numbers start with 1,2 or 3.
