What are the service charges applicable for State Bank Group Transfer transactions?
Amount Rate Minimum Charge Maximum Charge Upto Rs.50,000/- Free of charge NIL NIL Above Rs.50,000/- and upto Rs.1 lac for the amount in excess of Rs.50,000/- Rs.0.20 per Rs.1,000/- for the amount in excess of Rs.50,000/- Rs.2/- per txn Rs.10/- per txn • How do I go about using the State Bank Group Transfer service? • You should be an active Internet Banking user with transaction rights. • Log on to www.onlinesbi.com by using your Internet Banking ID and Password. • Click on the ‘Manage Beneficiary’ link in the ‘Profile’ tab. • Select ‘State Bank Group Beneficiary’. • Select the ‘Add’ option • To register the beneficiary, provide the Beneficiary Name, Beneficiary Account Number, Beneficiary Bank, Beneficiary Address and funds transfer limit. • You can provide the IFSC code of the Beneficiary’s bank in two ways: • If you know the IFSC code of the beneficiary branch, click the IFSC Code option. A textbox is displayed where you can enter the 11 digit IFSC Code of the Beneficiary Bank. • If
