Website of OnlineSBI – State bank of India Online – onlinesbi sbi, sbionline, onlinesbm, sbi life insurance – www.onlinesbi.com, onlinesbi.com

Posted on Mar 3, 2009

OnlineSBI is the Internet banking portal for State Bank of India. The portal provides anywhere, anytime, online access to accounts for State Bank’s Retail and Corporate customers. The website is developed using the latest cutting edge technology and tools. The infrastructure supports unified, secure access to banking services for accounts in over 11,000 branches across India.

About State Bank of India

State Bank of India is India’s largest bank with a branch network of over 11000 branches and 6 associate banks located even in the remotest parts of India. State Bank of India (SBI) offers a wide range of banking products and services to corporate and retail customers.

The website offers following services

Issue Demand Drafts online
Transfer funds to own and third party accounts
Credit beneficiary accounts using the VISA Money Transfer, RTGS/NEFT feature
Generate account statements
Setup Standing Instructions
Configure profile settings
Use eTax for online tax payment
Use ePay for automatic bill payments
Interface with merchants for railway and airline reservations
Avail DEMAT and IPO services

Other services

Tax payments to central and state governments through site to site integration.
Supply Chain Finance( e-VFS- Electronic Vendor Finance Scheme)
Direct Debit Facility
E Collection Facilities for:
Core Banking Transactions
Inter Bank Transactions for incoming RTGS/NEFT Transactions
Internet Banking Transactions for SBI & Associate Banks
Direct Debit facility where suppliers can directly debit their customer’s account through Internet Banking