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Can I transfer my SBI saving account to current account?

Posted on August 18, 2020 by Author

Table of Contents

  • 1 Can I transfer my SBI saving account to current account?
  • 2 Can I convert my savings account into current account?
  • 3 How can I change my account in SBI online?
  • 4 Which saving account is best?
  • 5 How can I transfer money from SBI SB to CA account?
  • 6 How to transfer State Bank of India account to another branch?

Can I transfer my SBI saving account to current account?

One can now transfer the SBI savings account online, from one branch to another, anywhere in the country within a week, free of cost. Transferring your State Bank of India (SBI) to another branch has now become easier. Earlier you had to fill up numerous forms and wait for several weeks for the transfer to happen.

Can I convert my savings account into current account?

No, it is not possible to convert a savings account to a current account as both types of account are different in terms of facilities, features and benefits. Savings accounts are opened for personal use and are meant for emergency use whereas current accounts are operated by businesses for regular transactions.

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How can I change my account in SBI online?

The process

  1. Step 1: Visit www.onlinesbi.com.
  2. Step 2: Click on ‘personal banking’ and login using username and password.
  3. Step 3: Click on ‘e-services’ tab on the top panel.
  4. Step 4: Select ‘Transfer of savings account’. The next page will show the account details such as account number and branch name.

Can I transfer my bank account to another bank?

“The customer should be allowed to transfer his account from one branch to another branch without restrictions. In order to comply with KYC requirements of correct address of the person, fresh address proof may be obtained from him/her upon such transfer by the transferee branch,” the RBI said in its notification.

Which salary account is best?

Best Salary Account in India 2021

  • HDFC Regular Salary Account.
  • Axis Bank Prime Salary Account.
  • SBI Corporate Salary Package.
  • Kotak Platina Salary Account.
  • Citibank Suvidha Salary Account.

Which saving account is best?

Top Banks that have the Best Savings Account for Individuals

  • State Bank of India (SBI) Savings Account.
  • HDFC Bank Savings Account.
  • Kotak Mahindra Bank Savings Account.
  • DBS Bank Savings Account.
  • RBL Bank Savings Account.
  • IndusInd Bank Savings Account.
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How can I transfer money from SBI SB to CA account?

You can transfer money/funds in you Savings Bank (SB) account to Current Account (CA) in any bank by using funds transfer or NEFT or RTGS. You cannot transfer the account but only the funds. 🙂 Currently there is no facility in SBI to convert your SAVINGS account into a CURRENT account.

How to transfer State Bank of India account to another branch?

Transferring your State Bank of India (SBI) to another branch has now become easier. Earlier you had to fill up numerous forms and wait for several weeks for the transfer to happen. But, now you can now transfer your SBI savings account online, from one branch to another, anywhere in the country within a week, free of cost.

How long does it take to transfer SBI account from one branch?

A lot of applicants tend to delay this procedure thinking that it would consume a lot of time. The procedure to transfer SBI account from one branch to another is quite easy and does not take more than 10 minutes once you reach the SBI Branch.

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Can I convert my SB account to a current account?

In case you want a conversion you have to close your SB account and open a Current Account. Open a new current account and tag it to the same customer I’d. Banks don’t convert one account into another account. Bank will open a new account and close the old account if you don’t need one.

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