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Change Beneficiary Transfer Limit in SBI Online : State Bank of India is undoubtedly the largest and the most trusted Bank in India. It provides its account holders with a variety of banking products and options. One such product is SBI Internet banking. By the use of SBI net banking, you can perform a lot of banking transactions online including funds transfer from SBI to Other Bank or within SBI. When you add a beneficiary in SBI, you get the option to set transfer limit. At any point of time, you can change transfer limit in SBI Online. In this Article, we will tell you how to change transfer limit in SBI Online Banking.
This Article will help you to :
- Change Transfer Limit of Inter Bank Beneficiary in SBI Online
- Change Transfer Limit in Intra Bank Beneficiary in SBI Online
How to Change Beneficiary Transfer Limit in SBI Online ?
Let us first know the procedure to change transfer limit of Inter Bank Beneficiary in SBI Online Banking.
How to Change Transfer Limit of Inter Bank Beneficiary in SBI ?
If you have already added an Inter Bank beneficiary in SBI, you can use the step by step process given below to change transfer limit of the Beneficiary online.
1) Login to Online SBI Account using your Internet Banking Username and Password.
2) Click on Payments/Transfers tab from the Top Menu.
3) Click on Inter-Bank Beneficiary option under Funds Transfer.
4) Select NEFT radio button and click on Proceed.
5) Click on the link which says “Click here to add a new Inter-Bank Beneficiary”.
6) Enter Profile Password and Click on Submit.
7) Click on the Modify option under Manage Inter Bank Beneficiary.
8) Select the Beneficiary and click on Show Details.
9) Enter the new amount in the space corresponding to Funds Transfer Limit and click on Update.
As soon as you click on Update, you will see a message “The beneficiary and limit details has been modified.” (As shown below).
How to Change Transfer Limit of Intra Bank Beneficiary in SBI ?
If you have already added an Intra Bank beneficiary in SBI, you can use the step by step process given below to change transfer limit of the Beneficiary online.
1) Login to Online SBI Account using your Internet Banking Username and Password.
2) Click on Payments/Transfers tab from the Top Menu.3) Click on Inter-Bank Beneficiary option under Funds Transfer.
4) Select the Beneficiary Account and Click on Change.
5) Enter the Profile Password and Click on Submit.
6) Select the Beneficiary Account and Click on Go.
7) Click on Change corresponding to the box given for Transfer Limit, update the new Transfer Limit and Click on Modify.
As soon as you click on Modify, you will see a message as shown below.
Final Words
You might have noticed that the process to change transfer beneficiary limit in SBI Online is quite easy. It does not take more than 2-3 minutes to change transfer limit in SBI net banking. With this process you easily increase transfer limit in SBI Online.
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