State bank of india is one the most popular public sector bank which are providing all kinds of banking services to all the customers through different branches in India. Recent days, number of internet banking user are rapidly increasing because no one ready to spend more time on banks for fund transferring and other banking service.

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So all the banks in India providing safe internet banking service for their customers. Before knowing how to transfer fund online from state bank of India to another Banking account, you should know different ways to transfer offline

  1. Transfer cash from banks
  2. Transfer fund through cheque
  3. By Demand draft

You should familiar with IFSC code before transferring fund through online or Offline. SBI IFSC code is 11 character alphanumeric code used while transferring funds between banks.

Transfer Money Online From SBI To Other Bank Account

Step 1: Login to State Bank of India official website with username and password.

Step 2: You should add beneficiary before transferring fund. Select interbank or intrabank beneficiary to transfer fund to another bank account. Visit Profile>>Manage beneficiary

Note: SBI will takes few hours to approve your beneficiary. If you add beneficiary in bank working hours it will take 4 hour for approval, if you add after beneficiary after 7 pm it will get activated next day. Then only you can able to transfer fund.

Step 3: Now your online banking is ready to transfer fund to the beneficiary. Visit Payment/Transfer>> interbank or intrabank beneficiary.

Step 4: Select transaction type mode of fund transfer (NEFT, RTGS). NEFT for less than lakh.

Step 5: Next select the beneficiary name and enter amount to transfer. OTP will receive in bank registered mobile and verify it.

Now you bank successfully transfer fund to another bank account. If you are searching for IFSC code of bank branches, you can find it from indianbankdetails.com