How to Open SBI Savings Account Online?

Last Updated : Jan. 2, 2022, 12:01 a.m.

When an individual wants to save money with the bank then he has to open a savings account. If we talk about India then many individuals want to open their savings account with the State Bank of India because it gives you a lot of facilities. Therefore, we tell you how to open SBI savings account online in just a few clicks. But you must explore the documents that you need to submit for your SBI savings account. On the other hand, there are a lot of benefits of having a savings account with SBI and you can even have a zero balance savings account. Let’s move on to the process of opening a savings account.

Steps to Open Savings Account Online in SBI

You can follow the steps below to open the savings account:-

• Open the official website of SBI on your PC
• Hover the cursor on the Account tab and then click on the Savings Bank Account Link.
• Click on the Apply Now button on the next page.
• Choose the SBI Savings Account option and fill in the necessary details.
• Then click on the Submit Button.
• Now the bank will ask for the documents that you will have to submit online.
• Once you submit the documents, the bank verification process will be initiated.
• After full verification and authentication, your SBI savings account will be opened within 3 to 5 working days.

Benefits of SBI Savings Account

• Mobile Banking and SMS Alert
• Internet Banking and YONO Application
• SBI Savings Account Balance Check through SMS and Missed call
• 10 Free Cheques
• Debit Card ATM
• Nomination Facility
• Zero Account Balance
• An SBI Savings Account Passbook
• Free Account Statement

Documents Required for SBI Savings Account

If you are opening an SBI savings account online then you will have to submit the following documents on the SBI portal:

• Identity Proof Documents :- PAN Card, Aadhar Card, Voter I.D. Card, Passport, Driving License. (Any One Document)
• Address Proof Documents :- Ration Card, Electricity Bill, Telephone Bill, Driving License, Passport, Voter I.D. Card, Last 2 Months Bank Statement. (Any One Document)
• Age Proof Documents :- Pass Certificate of 10th Standard, Passport, Birth Certificate, Voter I.D. Card. (Any One Document)

Eligibility Criteria for SBI Savings Account

• The minimum age of the account opener should be 18 years.
• He must be a citizen of India.
• It is mandatory to submit all the valid documents asked by the bank.
• If you are opening an SBI savings account online for a minor then a guardian is mandatory.
• You will have to make the minimum deposit that the bank asks to open the account.

Conclusion

So, you know how to open SBI savings account online. There are many benefits of an SBI Savings account because it offers a lot of banking services. On the other hand, you will have to provide valid documents at the time of opening an SBI account. This savings account also has a nomination facility. You can nominate a person who will operate your SBI savings account after your death. The remaining balance of your savings account will be transferred to the nominee’s account after your death.