Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

How to Transfer Funds from SBI ATM

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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.

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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16 Replies to “How to Transfer Funds from SBI ATM”

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

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

  3. 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.

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

  5. Is it possible to transfer money from SBI maestro ATM debit card having 19 digits to silver ATM debit card having 16 digits.
    Plz reply me…
    Thank you.

  6. Is it possible to transfer money from SBI maestro ATM debit card having 19 digits to silver ATM debit card having 16 digits.
    Plz reply me…
    Thank you.

  7. It’s possible to transfer money from one ATM to another bank account with the 18 digits number without using ATM machine

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