Instructions to do RTGS/ NEFT transactions through Internet Banking

1
Instructions to do RTGS/ NEFT transactions
through Internet Banking You should be an active
Internet Banking user with transaction
rights. Log on to www.onlinesbm.com by using your
SBM Internet Banking User Name and Password.
2
Click on the Profile tab.
3
Enter the profile password..
4
Select the Manage Beneficiary option.
5
You can either select Third Party or
Inter Bank Payee option
6
If Inter Bank Payee option is chosen, add all
the details of the Inter Bank Beneficiary, like,
Name, Account Number, Address, Fund Transfer
Limit etc.,
7
Select the IFSC code option if you know the IFSC
code. Click the IFSC Code option and a textbox is
displayed where you can enter the 11 digit IFSC
Code of the Beneficiary Bank. Else, Click on the
Location option
8
If you choose Location option, the dropdown
menus, Beneficiary Bank Name, State and Branch
are displayed. Choose the respective Bank Name,
State, Branch and Submit.
9
The Submit button will be enabled only after
checking the button, I accept the Terms and
Conditions.After providing all the details, the
beneficiary is added. It is displayed whether the
added beneficiary bank is RTGS or NEFT
enabled.After adding the Beneficiary, you will
receive a high security password in your mobile
number. This is done to double check your
identity. Provide the password to authorize the
Beneficiary. After a Beneficiary is authorized
you can start transferring funds. You can proceed
to make payments by clicking the Inter bank
Transfer link in the Payments/Transfers
tab.According to the transaction type selected
(RTGS/NEFT), the credit account details will be
displayed depending upon whether the branch is
RTGS or NEFT enabled or both. Select the
Beneficiary from the list of registered
Beneficiaries. You can either confirm or cancel
the transaction.
10
If Third Party option is chosen, fill in the
details as shown in the screen shot, like, Name,
Account Number, Transfer limit, Mobile number and
Submit