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What is sweep account in sbi

what is sweep account in sbi

I want to make it a joint account with my wife as second account holder She is a housewife and has zero income).I want to know superdry promotion code january 2015 the following-.
The online transfer process can only be done if your mobile number is registered with the bank and if you have access to Net banking.
If you have provided the ifsc code to other institutions like mutual funds (for dividends etc) or income tax department (for refund you will have to inform them of the new code.Things to know before you transfer.Minimum balance that you have to keep is Rs 1,000 per month.This option is available only for savings accounts and is not available for know-your-customer (.With your SBI ATM-cum-Debit-card, the account holder can do cashless purchase besides drawing money from ATMs of other banks.You can carry the usual transactions of a Savings account in this and have the benefit of Rs 1000 in this as a term deposit.Most other banks have been providing this facility for some time now.For Savings and Savings Plus account holders, there is provision of availing a free pass book.Step 7: Once you click on the confirm button, an OTP is sent to your registered mobile number.
The next page will show the account details such as account number and branch name.
In case you do not know the branch code, you may click here to get.
So, if you want to transfer your SBI account to a different branch, below is a step-by-step guide on how to do it online.There could be more than one account.Step 4: Once logged into Net banking, click on 'e-services' tab on the top panel.By this historical effort to make it more customer friendly, State Bank of India gives the facility of opening two types of accounts.Before proceeding online make sure you have the branch code to which you wish to transfer the account.Step 4: Select the account you wish to transfer.If my wife becomes second account holder, tax payable will remain the same and it will have to be deposited by me only, right (i.e.The new branch name can be viewed after logging in to your Net banking after a week, which will validate that the transfer process is complete).Step 5: Now, you will have to write the branch code you wish to transfer the account.