How to Transfer Funds from SBI ATM


If you want to transfer money from one SBI account to another though a state bank ATM, there is no option to transfer directly to a bank account. Instead you can use the card to card transfer. In card to card transfer the money in your account is transferred to any state bank group debit card. This is equivalent to transferring to another bank account.

To use this facility when you swipe your card you will see several options. On the right bottom side of the screen you can see transfer. Select the option and you will be asked to enter the PIN number. Enter the PIN and you can see the card to card transfer option and select it. You will be asked to enter the card number twice. Then you will be asked to enter the amount. Then you need to select your account type ( Checking or Savings ). The recipient’s account will be credited immediately and the service is free.

Visit here to transfer funds from ICICI Bank ATM

You can transfer to any visa card in India through the visa money transfer option. It takes up to 72 hours for crediting to the beneficiary account. You can also transfer to any MasterCard in India using the MasterCard Money Send option. It takes up to 48 hours for crediting to the beneficiary account. The above two functions you can see in transfer option. Both the above two services are charged Rs 20 per transaction.

All ATM cum debit card holders of the state bank group can avail the above facilities.

Related Readings and Observations

Rajandran R

Rajandran is a trading strategy designer and founder of Marketcalls, a hugely popular trading site since 2007 and one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies. More From Rajandran R »

11 comments… add one

  • Shambhu nath Dutta March 14, 2013, 9:10 pm

    How much amount transfared from atm to atm card in sbi

    Reply
  • imran May 11, 2013, 1:28 pm

    what about the transfer of amount from the ATM card to other bank (SBH or ICICI bank) accounts ?

    Reply
  • R B SINGH September 19, 2013, 8:14 am

    how much amount transfered from atm to atm card in sbi at a time or in a day

    Reply
  • Rishikesh Kumar Singh October 4, 2013, 8:36 am

    can i transfer amount from sbi account to sbi account through debit card while not holding net banking facilities through internet

    Reply
  • Eshwar October 15, 2013, 4:29 pm

    Yes! You may transfer amount without having net banking account and there is no link with net banking to Transfer Money Card to Card. and there is no charges applicable to transfer amount.
    Limits are, maximum each transaction amount is 15000/- and maximum amount 30000/- per each day.

    Reply
  • ravindra November 9, 2013, 4:03 pm

    shoud i able to trancefer money through atm to icici bank
    please tell which card no i have to enter my or payee

    Reply
  • Manjeet Dixit November 18, 2013, 9:16 pm

    How much money transfer via atm card no. to another atm card no.(SBI)

    Reply
  • shahulkanth December 17, 2013, 4:34 pm

    Atm card to card money transfer mujhe ek atm card se dusre atm card me money bhejna hai

    Reply
  • purushothaman February 12, 2014, 11:25 am

    can I transfer money from SBI card to other bank card

    Reply
  • mehedi hasan biswas February 23, 2014, 2:47 pm

    can i transfer fund to other bank account

    Reply

Leave a Comment

Follow Us

Recommend on Google

About the Author

    • Rajandran is a Market Analyst and founder of Marketcalls, one of the most intelligent blog in the world to share knowledge on Technical Analysis, Trading systems & Trading strategies.