How to Open SBI Account online? Documents Required, Application Process, etc.

Nowadays, opening a bank account has become much easier and more convenient. Anyone can open a bank account and start using it right away.

State Bank of India being the biggest bank in India offers digital account opening services where you can apply for a bank account online.

For the verification, however, you have to visit the bank branch but the online applying process will Fastrack the application process.

SBI also introduced a fully digital video KYC account opening account where you can verify the account opening from the comfort of your home.

In this article, we will provide you with all the details required for opening a bank account in the State Bank of India, the Documents required, the application process, etc.

How to Open SBI Account online Documents Required, Application Process, etc.

Types of Savings Account in SBI

The following are the types of savings account in SBI that you can opt for-

  • Savings Account
  • Basic Savings Bank Deposit Account
  • Basic Savings Bank Deposit Small Account
  • Savings Bank Account
  • Savings Account for Minors
  • Savings Plus Account
  • Insta Plus Video KYC Savings Account

Documents Required for Opening SBI Account

The following are the documents required for Account opening online-

Mandatory Documents

  • Aadhaar Card
  • PAN Card

Identity Documents

  • Aadhaar Card
  • Indian passport
  • Voter ID Card
  • Overseas Citizenship of India document
  • Person of Indian Origin Card
  • PAN Card
  • Driving license

Address Proof

  • Adhaar(UID)
  • Passport
  • Driving License
  • Pensioners Card with address
  • Ration card
  • Letter from reputed employer Income Tax/ Wealth Tax Assessment orders
  • Credit Card Statement
  • Utility bills like electricity bills, broadband bills, etc.
Also, Read- How to Open SBI 3-in-1 Account?

Application Process for opening SBI Bank Account

You can use the following methods to find the bank balance for SBI-

Using Online Banking Portal

  • Visit the official website of SBI and click on the personal tab followed by clicking on the type of account which you to apply for
  • After clicking on the type of account, a page with important details about the account will appear where you’ll see the “Apply Now” button, click on the button
  • Now, a page will appear with Apply Now option click on the option
  • After clicking on the apply now button, a small form will appear where you have to enter your name, mobile number, and email id
  • After entering the detail, an OTP will be sent on your mobile number which you have to enter in the relevant field
  • After entering the OTP, a new form will appear where you have to further fill the form with correct details like PAN Card number, Aadhaar card number, etc.
  • After entering the details, you have to click on the Next button
  • Now, you’ll be redirected to the next step where you have to enter the residential address
  • After entering the residential address, the next step would be to declare the nominee for your account by providing details of the nominee
  • After selecting the nominee, you have to choose all the services you want like net banking, mobile banking, SMS, SBI balance inquiry number, etc.
  • Make sure you have chosen the bank branch where your account will be hosted correctly
  • Now, your online application process for applying for SBI Account is finished, you can now download the application form and take a printout of the application
  • After taking the printout of the application, you have to visit the SBI bank branch and submit the documents along with the KYC documents for verification
  • After submitting the documents, your account will be created with the SBI, and your debit card, checkbook, etc. will be sent to your residential address by the bank via post
  • After receiving the SBI starter’s kit you can activate your SBI Debit card, net banking, and mobile banking by generating pin for SBI debit card

Using the SBI YONO app

  • Download and install the SBI YONO app on your smartphone
  • Now, open the app, the app will ask for YONO registration click on the Next button followed by clicking on the send button for the SMS
  • Now, a welcome message will appear where you have to click on the proceed button
  • After clicking on the proceed button, click on the open savings account followed by selecting with branch visit or without branch visit
  • Select the option appropriately and proceed further
  • Now, a page will appear with Apply Now option click on the option
  • After clicking on the apply now button, a small form will appear where you have to enter your name, mobile number, and email id
  • After entering the detail, an OTP will be sent on your mobile number which you have to enter in the relevant field
  • After entering the OTP, a new form will appear where you have to further fill the form with correct details like PAN Card number, Aadhaar card number, etc.
  • After entering the details, you have to click on the Next button
  • Now, you’ll be redirected to the next step where you have to enter the residential address
  • After entering the residential address, the next step would be to declare the nominee for your account by providing details of the nominee
  • After selecting the nominee, you have to choose all the services you want like net banking, mobile banking, SMS, SBI balance inquiry number, etc.
  • Make sure you have chosen the bank branch where your account will be hosted correctly
  • Now, your online application process for applying for SBI Account is finished, you can now download the application form and take a printout of the application
  • After taking the printout of the application, you have to visit the SBI bank branch and submit the documents along with the KYC documents for verification
  • After submitting the documents, your account will be created with the SBI, and your debit card, checkbook, etc. will be sent to your residential address by the bank via post
  • After receiving the SBI starter’s kit you can activate your SBI Debit card, net banking, and mobile banking

FAQ

Is there a minimum balance requirement for an SBI Savings bank account?

The majority of Savings bank account types provided by SBI do not have any minimum balance requirement. You can find the minimum balance requirement from the official website of SBI under the types of account section.

Do I need to visit the bank branch for KYC?

Yes, for KYC document verification you have to visit the SBI bank branch. You have to visit just one time for the verification.

Are there any fully online with online KYC account opening options available in SBI?

Yes, SBI also has a fully online account opening where you can do your KYC online using video KYC. The account with the video KYC option is “Insta Plus Video KYC Savings Account”.