Banking

SBI collect: Things that you must know about it

SBI Collect

Are you regular corporate payer of fees, taxes, and other payments then this is for you? we have explained in detail how you can pay through SBI collect. Isn’t it will be awesome to make the payment of school fees or the taxes without standing in the queue, also how superb it will be if we don’t have to leave our home as well?

 

Yes, State Bank of India has this facility of making corporate payment online through its Corporate Internet Banking (CINB) portal called SBI Collect.

Now, what is this SBI Collect?

It is a medium through which the Corporate Institutions can receive payments from their customers online without having any website of their own.

Before going further, we have to note the below points:
• The Institutions should have a bank account with any bank for using this facility.
• The Institution needs to be registered with SBI online as CINB for receiving payment through SBI Collect.

SBI Collect facilitates different types of payment listed as below:

  1. Collection for goods and services supplied by Firms/Corporates/Institutions.
  2. Fee collection by Educational Institutions.
  3. Collection of dues by Government/Quasi-Government Bodies.
  4. Local taxes like water tax, house tax, electricity bill, etc. by Semi Govt. bodies.
  5. Collection of Recruitment fee.
  6. Donations to Charitable Institutions/Religious Institutions.

I hope the concept of SBI Collect has somewhat cleared form the above information.

After getting some idea on the payment portal next question comes as to how to make payment through SBI Collect?

So here we are with the steps to be followed for making the payment through SBI Collect:

  1.  Open your browser go to the website: https://www.onlinesbi.com
  2.  Click on the SBI Collect Tab from the menu.
  3. Tick the box for accepting terms and conditions before clicking the proceed button.
  4. Next, we have to select the state in which the institution is located SBI Collect can be used for payment in any state as such fill in the details as per payment requirement.
  5. Then the type of institution also needs to select from the available categories before pressing “GO”.
  6. Once the Institutions Type is selected a list of registered Institutions under the selected head will appear, choose the correct one for payment.
  7. Now, select the “payment category” which has been decided by the Corporation/Institute.
  8. Key in the needed details as per the type of payment category selected. (each payment category needs a different set of details)
  9. Please make sure of all the details before clicking the submit button for the next step.
  10. Once the payment form is submitted a page with all the filled details will appear for Confirmation. (We will not be able to use the back button for editing, if anything is not correct please start with new request form the beginning).
  11. We can choose from the various methods of payment form the list provided (MOPS is explained in detail below).

Note: The screenshot is for the Cash method of payment where the payer needs to take the print out of the form and submit cash in any on the SBI Branches. This option is for the payers who don’t have an account in any Bank.

• Done with the payment a receipt with transaction number will be generated which can be downloaded or printed out for future reference.

As mentioned, please find the different methods of payment available in SBI Collect

To make the product broad-based, the following options of payment have been made available on the Multi Option

  1. Payment System (MOPS) page:
  2. Internet banking platform of SBI
  3. State Bank ATM cum Debit Card.
  4. By Cash/Cheque at SBI Branches.
  5. Another Bank’s Debit card.
  6. Credit Card.
  7. Internet Banking of other banks (including SBI’s Associate Banks).

Reviewing Payment History in SBI Collect

We can also check our earlier payment made from the same page on SBI Collect under the tab “Payment History”.

The history of a transaction can be reviewed through different details we have.
• DU Number or the Transaction Number
• Personal Details (as Birthdate, Mobile Number, etc.)

Hope this information has helped you understand more about SBI Collect.

If still, you have some doubts we have a bonus point for you to get more help on the topic.
And also, always use any online payment portal with the utmost care and always avoid sharing any kind of personal information (as Account number, Aadhaar Card number) which is not required for the transaction.

SBI Collect Customer Care

Some of the things which you have not understood or want to clarify your doubt for this SBI may have been provided Toll-free numbers for helping their customers.
SBI Collect Customer Care number then, you can dial any of the SBI Collect Customer care toll-free numbers on your mobile phone by just opening a dial pad.

  1. Toll-free number: 1800 11 2211
  2. Toll-free number: 1800 425 3800
  3. Toll number: 080-26599990

These above are the Customer Care number through which you can contact them. Also, you can directly go to the SBI nearest branch where you can resolve your queries
Additionally, you can find more details on SBI Collect for registering as CINB and also how payments can be made from one CINB customer to other CINB customers on their website.

SBI Collect: https://corp.onlinesbi.com/corporate/sbi/corp_sb_collect.html

Thank you and Enjoy a safe Paying!!!

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Indian Bank Internet Banking Login Register

Indian bank internet banking login register

Let’s discuss the Indian Bank Internet Banking Login Register.

Benefits of Indian bank:

You can maintain the minimum balance 500rs without cheque and with cheque 1000rs. The minimum balance for the students and pensioners is lesser. Free atm debit card and global credit card without any annual or initial fee.
They are providing the free personalized Cheque book.

There is free personal accident insurance cover worth is 1lakh rupees up to the age of 70.
Indian bank is getting supported with the online money transactions applications like Google pay, Phonepe, Rupay, and more.

There is a bank’s own banking application also available to check your account transaction and Neft process.
The Indian bank offering the educational loans at the floating interest rate 12.50 per annum with the concession of 0.50% on the interest rate under the IBA scheme for female students.

You can also apply for basic loans like Two-wheelers, car, property, and business-oriented. You can also pay loan amounts on online with your Indian bank account.

Indian bank internet banking login register
Indian bank internet banking login register

Indian bank internet banking login register:

Please look at the below-given steps to make Indian bank internet banking login register,

  1. At first, you have to go to the SUB net banking login screen and then click “New User Registration”.
  2.  After that, you have to enter the 16 digit account number and registered mobile number and submit it.
  3. Then you will receive a one time password to your bank registered mobile number.
  4. You have to enter the One time password on the OTP entering bar.
  5. In the next screen, Have to enter the card details of the account.
  6. Yeah, well done! You have completed the process of the Indian bank internet banking login register. Now you can use the internet banking of Indian banks.

Indian bank and Indian bank Internet banking:

Indian bank is the Indian state-owned financial service company launched in 1907 and it is headquartered in Chennai, India.

The Indian bank has more than 21 thousand working staffs with 2861 ATM’s and it has up to 1014 cash depositors. Indian bank is one of the high performing customer-friendly banks in India.

The total business worth of this bank has reached 60billion US dollars, which is 430,000 crores in March 2019. This bank information system and the security process is get certified with ISO27001:2013 standard and it is along with few banks certified worldwide.

Indian bank has overseas branches in Colombo and Singapore that including a foreign currency banking units located on Colombo and Jaffna.

This bank has 227 correspondent banks over 45 countries. Since 1969, The government of India has to get owned by this bank. As per the announcements made by the Indian financial minister Nirmal Sitharaman on August 30th, 2019, The Allahabad bank gets merged from April 1st, 2020 by making it the 7th largest bank in the country.

The bank was get nationalized on July 19th, 1969. After the nationalization, the name was changed as the Indian bank and it gets appointed as the leading bank in the 9 districts of Tamil Nadu, Andhra Pradesh, Kerala, and the union territory of Pondicherry.

The first regional rural bank gets sponsored by the bank it is Sri Venkateswara Grameena Bank was founded in 1981. The Indbank merchant banking service limited was incorporated as the subsidiary of the bank in 1989. Bank of Thanjavur limited with the 157 branches was amalgamated with the bank during 1990.

At 1995 banks’ training establishment Indian bank merchant for growth and excellence was established. The Indian has launched a scheme that is called cash management service in 2001 for the speed collection of outstations cheques.

Then the bank gets entered into the strategic tie-up with the HDFC standard life insurance company limited. At first in the private sector for receiving the certificate of registration for the foray into the life insurance business of the distribution of the Latter’s insurance products.

After that, the bank with the insurance company signed a memorandum of understanding in February 2001. At the time of 2002 to 2003, the Indian bank received an award from NABARD the best high performance under the self group in the Tamilnadu and Andrapradesh.

In 2003 the bank made the association with M S. Swaminathan research foundation (MSSRF) for Chennai to sponsor a program on the agriculturists to get aired on the All India radio. The bank implemented with the two branches for the core banking solution in December 2004.

Then the bank has signed the agreement with the export credit guarantee corp of India in 2004 for distributing the credit insurance package for exporters and also at the same year the banks have joined hands with the Times of money for the remittance solution introduced “IB Swarna Abharana” a new loan product for buying the gold jewelry and made the tie-up with the Tamil Nadu newsprint and papers limited for financial farmers taking up the farm for the forestry project with the sponsor of TNPL.

So these were all about the Indian bank internet banking login register. Hope you like the article please feel free to share.

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