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Saturday, 5 September 2020

How to Add Nominee in SBI Account Online

How to Add Nominee in SBI Account Online

State bank of India (SBI), the largest and most trusted public sector bank of the country. SBI provides its customers with a lot of banking products and services. Do you have a saving account with State Bank of India? Do you want to register a nominee in your SBI account online? If yes, then without visiting your bank branch you can add nominee in SBI account online. In this post, I will tell you how to add nominee in SBI account online.



Add Nominee in SBI Account Online

While opening a new savings account in SBI, you get an option to add a nominee. However, if you forgot to add nominee while opening the account, you can register a nominee now using SBI online banking. Also, note that you can change your nomination at any time as long as your SBI account is functional.



What is Nomination in Savings Bank Account?

The nomination is a facility provided by banks to their account holders to nominate individuals, who can claim the money lying in their accounts in the event of their death.

What is the Benefit of Nomination in Bank Account?

The benefit of nomination is that in case of death of an account holder, the bank releases the money lying in his/her accounts to the nominee without asking for a succession certificate or a legal heir document.



How to Add Nominee in SBI Account Online?

You can add nominee in SBI account online by following these two methods:
1. Add Nominee in SBI Account Online using Internet Banking
2. Add Nominee in SBI Account Online using Mobile Banking

Add Nominee in SBI Account Online using Internet Banking

To add nominee in your SBI savings account online using internet banking, you need to have active SBI netbanking service for the account. If you have SBI internet banking facility activated you can follow the process given below to add a nominee online using SBI online banking.
1. Visit SBI internet banking portal https://www.onlinesbi.com/
2. Log in to your internet banking account with your username and password.
3. Once you are logged in to the account, click on “Request & Enquiries” from the menu.
How to Add Nominee in SBI Account Online

4. Now from the list of various services, click on “Online Nomination” in the middle of the page.
How to Add Nominee in SBI Account Online

5. Next screen, select your account for which you want to add a new nominee. Click on “Continue” tab to proceed further.
How to Add Nominee in SBI Account Online

6. Here you need to enter Nominee name, DOB of Nominee, Address and Nominee relationship with Depositor. Click on the “Submit” tab.
7. You will receive a high-security password on your registered mobile number. Enter the password and click on “Confirm” tab to register a new nominee for the account.
8. Note that if your SBI account has an existing registered nominee. The screen will display a message as shown in the image below.
How to Add Nominee in SBI Account Online

9. Also, note that this facility to register nomination online is available for Single operating accounts only. You need to contact your home branch if you want to register a nominee for a Joint operating account.

Add Nominee in SBI Account Online using Mobile Banking

To add nominee in your SBI savings account online using mobile banking, you need to log in to SBI Anywhere Personal - Mobile Banking App. Follow the process given below to register a nominee online using mobile banking.
1. Login to SBI Anywhere Personal - Mobile Banking App.
2. Tap on the “Services” option.
How to Add Nominee in SBI Account Online

3. Next screen you need to tap on “Online Nomination” option.
How to Add Nominee in SBI Account Online

4. Here select the type of account and your account number.
How to Add Nominee in SBI Account Online

5. Tap on “Register Nomination” option.
6. Next screen, you need to enter Nominee name, DOB of Nominee, address and your relationship with the nominee.
7. Now, submit your request to register a new nominee for the account.



This is how you can add nominee in SBI account online. You have noticed that the entire process of registering a new nominee is very easy. Adding a nomination to your bank account is essential. If you haven't registered a nominee to your SBI account then add one following the steps mentioned above. You can change your nomination at any point of time as long as your SBI account is functional.





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1 comment:

  1. This is really a nice and informative. containing all information and also has a great impact on the new technology. Thanks for sharing it.
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