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Home / Finance / Banking / How to transfer money after adding beneficiary in SBI?
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How to transfer money after adding beneficiary in SBI?

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0 2022-09-11T22:41:41+00:00
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Adding beneficiaries to transfer money is not a hefty process anymore. Especially if you have an account in SBI you can easily transfer money by adding a beneficiary. It is not only important to learn the process of adding a beneficiary but after adding beneficiary how to transfer money in SBI. I will share all the details with you below. Get a home loan at the lowest interest rate from NoBroker and purchase your dream house! Pay your utility bills SAFELY through NoBroker and earn reward points and cashbacks as soon as possible! How to transfer money after adding beneficiary in SBI?
  1. Download the YONO app and login by setting your user ID, password, or MPIN.
  2. To add beneficiaries navigate to ‘Setting’>> 'Profile Management' >> 'Add/Manage Beneficiary.'
  3. Go to the right-hand corner and tap on the ‘Add’ icon.
  4. Now select ‘Other Bank Account’.
  5. Now, fill in information such as account number, limit, address, and IFS code.
  6. Hit on the ‘Submit’ button.
  7. Fill in the OTP and click on the ‘Submit’ button.
How to transfer money after adding a beneficiary? It usually takes a maximum of four hours if the beneficiary is accepted between the hours of 6 a.m to 8 p.m in SBI. To transfer the money
  1. Login to the Yono App using your credentials.
  2. Choose “Quick Transfer” >> Send Money by providing the bank details.
  3. Fill in the beneficiary details and hit on ‘Submit’.
  4. After confirming the details enter the OTP to successfully transfer the money.
Alternatively, you can also login to the SBI website to add beneficiary details and transfer the money. You can link your account to BHIM UPI and transfer money via Paytm, Phonepe, etc. I hope you know after adding beneficiary how to transfer money in SBI. Read more: How To Add beneficiary In Axis Bank? How to Delete beneficiary in SBI? How Much Time it Takes to Add beneficiary in SBI? How to Add beneficiary in Indian Bank?

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Rima Nandi

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