Saral SBI | SBI Saral Login | SBI Online Saral | SBI Net Banking Saral | Onlinesbi Saral | SBI Saral Corporate | SBI Saral Online | Online SBI Saral
Click to read in Hindi: SBI Saral
Keeping the unemployment factor in mind, the central government put an extra focus in the Union Budget 2020 to help grow small entrepreneurs, especially in rural India, for the opening room for new job opportunities for India’s youth. There is a need for efficient transactions and net banking solutions (Digital Transactions) to achieve this, and Saral SBI is an extremely beneficial solution for small entrepreneurs.
SBI online Saral avails small businesses to make payments of up to Rs. 5,00,000 per day, and it also has other facilities like scheduling transactions and setting beneficiary level limits.
In this article, we will discuss various things about SBI Saral corporate and a complete guide regarding SBI Saral login and making transactions using SBI net banking Saral.
Table of Contents
SBI SARAL ONLINE
Simply we can say that online SBI Saral is a simplified version of single-user corporate internet banking, which has excellent benefits for individual businessmen and microenterprises for meeting online transaction services. The user has the availability of making transactions of up to 5 Lakhs per day to his account or any other third-party account. Secure and safe third-party fund transfers, various kinds of tax payments, and merchant transactions can be carried out easily without worrying about security.
Features of Saral SBI online
Here is the list of key features of SARAL SBI
- Single user-operated transactions.
- Easy to use net banking facility.
- Account information can be viewed, and statements can be downloaded.
- Beneficiary level limits can be set.
- Scheduling transactions for future dates is possible.
- Let’s you set DD issue limits.
- The transactions that are allowed through SBI Saral corporate are:
- Up to 5 lakh intra-bank fund transfer per day. (It means transfers to SBI accounts)
- Up to 5 lakh inter-bank fund transfers per day. (It means transfers to another bank’s account)
- State government taxes and both direct taxes like CBDT and indirect taxes like Customs can be paid.
- DD issue request of a maximum of Rs.5 lakh per day.
- Bill payments, EPF subscription payment, merchant transactions.
- Registered suppliers’ payments. For example, oil majors’ payments can be paid by LPG and petrol dealers through SBI Saral.
- E-auctions, Etc.
First-time SBI Saral login
If you have an SBI bank account and want to take advantage of Saral corporate, then, first of all, you need to submit a form in the bank for availing of internet banking. You can get this form from any of the branches of SBI, or it can also be downloaded from their official website. After that, the bank provides you with a kit with the username, password, and kit number that you will be required for the first-time login into Saral SBI and set profile password and login username password. Here are the complete steps:
1.Visit the official website by clicking the link provided below:
2.On the home screen, you will find the icon for Corporate Banking, and there is a drop-down menu under the select option.
3.Choose select and then choose Saral from the drop-down list and then click on login.
4.Then a new page opens where there are tips for you for safe internet banking. You can read them and then click on continue to login.
5.Now, on the next screen, you have to enter the username and password provided to you in the bank’s kit. Then hit the login button.
6.Now a new screen will open in front of you where you can set the login username that you will use for Saral Corporate Banking.
5.Enter your preferred username and then enter the kit number (that you had been already provided). After selecting, I agree to the terms and conditions, click on the submit button.
6. Then again, it will take you to a new page where you have to enter your new login password and then enter a confirmed login password by entering the same password again you entered before. After that, select the confirm button.
7.You are taken to a new page where you can set your profile password.
You need this password to do anything related to your profile and for making online transactions.
8.So first enter profile password and confirm profile password as you did before in case of the login password.
9.Then, you also have to set your hint question and answer. In case in future, if you forget your password and want to recover it, then you can use this safety question to get it back.
10.Then provide the rest of the details asked, like your date of birth, place of birth, mobile number, and after completing everything, select the submit button.
11.You will receive a notification of successfully setting up your profile password, and then in the future, using the login and the profile password, you can take advantage of SBI Saral online.
How to make online transactions using SBI Saral corporate net banking?
1.Go to the official website and do your login.
2.On the home screen, select the payments/transfers option.
3.For the first-time payment, you need to enter your profile password.
4.After selecting the submit button, it will take you to a new page where you have to create your transaction password. You have to enter your preferred password and re-enter the same to confirm and create a transaction password.
5.Then again, go to the payments/transfers option and then choose the kind of payment you want to make. If you want to make transactions in your account, select Funds Transfer (Own A/C).
For example, in this case, let’s see how we can transfer funds to someone who has an account in SBI.
6.For doing this, you have to select the third-party transfer option.
7.Then select the account through which you want to make payment and the amount you want to pay.
8.Enter the reason for payment in the remark section and enter account details of the sbi bank account to which you want to make the payment.
9.Then you have three payment options:
- Pay now
- Schedule later
- Standing instruction
10.Select your need and enter the transaction password and select submit.
11.Verify your details and select confirm, and the transaction will be fulfilled.
So, this was all about SBI online SARAL. We tried making things crystal clear. For more information, you can go to the website of SBI or visit any nearby branch.
I hope you found this article helpful. Comment down your queries.