Q:

What personal banking options does SBI Net Banking offer?

A:

Quick Answer

The State Bank of India offers account holders mCash accounts, the ability to claim money through mCash and overdraft protection against fixed deposits. Other services include loans against shares, loans for cars, homes, personal use and education, and mobile banking services, include those facilitated by a bank-specific app.

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Full Answer

Account holders with the State Bank of India also have a whole host of services accessible through their accounts. They can transfer funds to other SBI customers, to other accounts they hold with the bank and to accounts they have with other institutions. Additional services include the issuance of credit and debit cards, the ability to make direct tax payments, and the reception of e-annuities, e-deposits and e-Flexi deposits.

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