State Bank of India has introduced Mobile Banking and SMS banking facility for the convenience of its customers to transact from any place. All that you need is a mobile phone with / without GPRS and you must be in a place where mobile network is available. Even you are away from home and your bank, balance inquiries and funds transfers can be made and you can also pay your bills anytime. As part of its customer friendly services, SBI introduced Cash / Funds transfer through ATM using Debit Card number of the sender and beneficiary. This is an excellent, fast and free service from SBI. Now, let us see about SBI Mobile banking service. State Bank FreedoM is also offering various other services through its Mobile Banking offers:
SBI is offering Mobile Banking Service over Application / Wireless Application Protocol (WAP). This is available on java enabled mobile phones (with or without GPRS). Customers have to download the SBI FreedoM application on to the mobile handset from SBI website link at http://mobile.prepaidsbi.com/sbidownloader/downloadapp.jsp. Following are the services available through SBI FreedoM Mobile Banking:
1. Funds transfer (within the bank and outside the bank branches)
2. Request for Cheque book
3. Bill Payment (Utility bills, credit cards, Insurance premium), Donations, Subscriptions etc.
4. Enquiry services (Balance Enquiry / Mini statement)
5. Mobile Top up (Recharge)
6. Interbank Mobile Payment Services (IMPS)
7. Demat Enquiry Service
8. M Commerce (Top up of Tatasky, BigTV, SunDirect, DishTV connections and receive recharge pins for DigitalTV / Videocon d2h, SBI life insurance premiums
Eligibility to avail Mobile Banking: All the Current/ Savings Bank Account holders in P segment are eligible to use mobile banking services. Transaction limit per each customer per day is Rs.50,000/- with a calendar month limit of Rs.2,50,000/- . Users of all the telecom service providers can avail this facility. The Service from SBI is free of charge. But the user / customer has to borne SMS / GPRS cost.
SBI is also offering various Mobile Banking Services through SMS. The SMS Banking is available on all the phones with any network provider. You can avail this facility on a handset with java / non java platform with / without GPRS connection. Customers need not download any application to avail SMS services. Customers have to borne ordinary SMS charges as applicable. You can do following transactions through SMS Banking services:
1. DTH Top up / recharge
2. Balance Enquiry / Mini Statement
3. IMPS- Mobile to Mobile Transfer
4. Mobile Top up
5. Change MPIN
Step by step registration process for Mobile Banking and SMS codes to be used for various services are available at http://www.statebankofindia.com/user.htm?action=viewsection&lang=0&id=0,1,21,691 .