Online SBI: Now, you can open State Bank of India account instantly; here is how
Online SBI: Want to open a bank account but can’t visit the bank branch? Well, there is no need to worry as you can now open a State Bank of India account instantly from home. Country’s largest lender State Bank of India has re-launched ‘SBI Insta Saving Bank Account’, an Aadhaar-based instant digital savings account, for customers who would like to open an account online through the bank’s integrated banking and lifestyle platform – YONO.
New SBI account features
This new account allows people to open a State Bank of India account with the help of their PAN and Aadhaar number. The entire process can be complete online. The SBI Insta Saving Bank Account holders can have 24×7 banking access. The customers will also be issued the basic personalized RuPay ATM-cum-debit card.
How to open State Bank of India’s Insta Saving Bank Account?
SBI account opening process
More from SBI
Meanwhile, in a separate development, the State Bank of India has decided to divest 2.1 per cent stake in SBI Life to achieve the minimum public shareholding of 25 per cent.In a regulatory filing, SBI said that it proposes to sell up to 2.10 crore shares of SBI Life. The floor price for the sale shall be Rs 725 per equity share.