SBI Mobile Banking is an internet banking service that has been optimized for mobile browsers. One of the major benefits associated with the mobile banking facility is that you no longer need to visit the bank not just for bill payments but also for things like viewing the account balance and getting the mini statement. Everything from fund transfer, IMPS transfer, e-flexi deposits to NPS contribution, can be handled from one place once you activate the banking facilities on your mobile. The best part is that, just like the desktop version, the mobile version of SBI is free too, and, you will only have to incur the internet usage charges as levied by your telecom operator.
How to Activate SBI Phone Banking without Visiting the Home Branch?
Activating SBI phone banking, without visiting the home branch, consists of the following two processes:
1- Over the mobile handset
2- At the SBI ATM or Online SBI.
The Process of Activation through a Mobile Handset:
You will have to send the SMS <MBSREG> to the number 9223440000 or 567676. You will get the User ID and default MPIN via SMS. You can also get a link through another SMS that you can use for downloading and installing the application. You can also download and install the application from Google Play or Apple store. For those with a non-java mobile and GPRS connection, the mobile banking services can be used over Wireless Application Protocol (WAP). The services are available for all mobiles, both java and non-java based, that have GPRS or data connectivity.
Changing the MPIN:
- For the ones using the service over application
If you are using the services through the app, then after installing the app, log in with the User ID you received in the SMS. Keep in mind that the User ID is case sensitive. You will get the list of terms and conditions, and you will have to accept that to move on to the process of changing your MPIN. Put the default MPIN in the space that ‘old MPIN’ and put in a new MPIN of 6 digits in the ‘new MPIN’ box. Click on change, and you will receive the confirmation about the change via SMS.
2. Changing the MPIN when using Wireless Application Protocol
The following are the steps to change the MPIN through Wireless Application Protocol:
- Open the browser and enter http://mobile.prepaidsbi.com/sbiwap/
- Enter the User ID and the default MPIN in the screen that comes up and log in.
- The WAP login ID that the next screen asks will be delivered via SMS.
- Enter this ID in the screen and click on send.
- You will get the Main Menu of SBI Mobile Banking Service if you enter the details correctly.
- Select Settings from the Main Menu and choose ‘Change MPIN.’ Put the default MPIN in the space that ‘old MPIN’ and put in a new MPIN of 6 digits in the ‘new MPIN’ box. Submit it, and you will receive the confirmation about the change and validation via SMS.
After you successfully change the MPIN, you will receive another message that the validation from your handset is successful. You will have to complete the registration now at the ATM, onlineSBI, or the branch.
The Process at SBI ATM and Online SBI:
You are at the final stage of the process of activation, and, you can complete the procedure either through SBI ATM or online SBI.
Through ATM: Swipe the Debit card and choose the option of ‘Mobile Registration’ and then go to ‘Mobile Banking.’ You will find the option of ‘Registration’ under Mobile Banking. Here, enter the phone number and select ‘Yes.’ Select confirm when the number gets displayed on the ATM screen, and you will get the transaction slip that confirms the registration. The activation of your account will be confirmed via SMS. You can now enjoy all the services that come under SBI Mobile Banking.
Through Online SBI: Log on to onlineSBI and select ‘State Bank Freedom’ from the ‘eServices’ option. Make sure that you change the MPIN before this step. You will receive a message that validation of the handset is complete. Choose ‘Registration’ from the options you get on the top. You will get a list of accounts enabled for the online user. Select the account that you want to enable for Mobile Banking Services and submit. Keep in mind that this is your primary account for mobile banking. You can register just one account using onlineSBI. If you want to register other current or saving bank accounts under one CIF, you will have to visit the home branch of that primary account or the accounts that you want to enable.
The Security Factor of Using SBI Mobile Banking:
SBI Mobile Banking is absolutely secure, and you will not need to worry about identity theft and other such issues while using these services. The following are the four crucial security features of SBI Mobile Banking.
- No personal information gets stored on your SIM card or mobile phone
- You can only use the application after properly authenticating your username and password
- 256 bit SSL encryption is used to protect your communications with the bank
- The session ends as soon as the mobile browser is closed
SBI Mobile Banking facilities are available 24/7, and even the users of the rural areas can avail these services. It is highly cost-effective in the sense that you can use the services from anywhere without paying a visit to the branch. In fact, the bank even offers several benefits to the customers who opt for mobile banking facilities. So, go ahead and activate SBI phone banking today to avail all the benefits that come with it.