SBI Online: The State Bank of India (SBI) customers can open their fixed deposit (FD) online with a single click via SBI Online net banking. For more information in regard to SBI Online net banking and its benefits, one can log onto the official website of the SBI at sbionline.com. On SBI online website, one should know that the largest Indian commercial bank offers a smooth and easy way for its customers to open online FD through net banking. Since it’s not that difficult to transfer money from your savings account to the FD account, what one needs is a good quality internet.
There is no need for the SBI customers to go to the nearest SBI branch for opening an FD in SBI. The SBI online FD also offers its customers to close or renew one’s SBI FD online. So, an SBI customer can, not just manage her or his savings account through SBI online net banking facility, but also manage online FD as well.
Here is step by step guide for SBI online net banking customers to open SBI online FD:
1] Log in to SBI online net banking by filling your personal details;
2] Click at e-TDR/e-STDR (FD) at Fixed Deposit option;
3] Click at the type of SBI online FD you want to choose;
4] Choose the SBI savings to account for online payment and from which the money will be debited in the future;
5] Choose SBI online FD principal value. Put this SBI online FD principal value in the ‘Amount’ column as well. If your age is above 60, then don’t miss to click at the Senior Citizen button. Senior Citizens get 0.5 per cent more interest on their SBI Fixed Deposits;
6] Choose the maturity period of the SBI Online FD;
7] Choose maturity instructions for your SBI term deposit account;
8] Read terms and conditions carefully and then click at the ‘Terms and Conditions’ button for submitting;
9] Your SBI FD Online will appear with all details on your computer monitor. Click at ‘OK’ button; and
10] Note the transaction number and print out of the transaction number for future references.