State Bank of India has updated it’s net banking software to provide us various facilities through net banking. By using there net banking facility, you don’t need to visit your SBI home branch.

It updated it’s software last year and provide us various facilities like Quick Transfer.

With the help of Quick Transfer option we can easily transfer funds from our account to beneficial account without adding their account details.

But this facility has some limitations like we can’t make transfer above Rs.10,000/- per transaction. And it’s daily limitation is Rs. 10,000/-.

For more details see below screenshot which is taken from official website of State Bank of India i.e www.onlinesbi.com.

how to transfer money without adding beneficiary in sbi net banking
Image- Onlinesbi.com

Now, let’s talk how to transfer money without adding beneficiary in sbi net banking

To know how transfer fund without adding beneficiary in sbi net banking. Just go to the official website of State Bank of India i.e onlinesbi.com. And click on the option of Personal Banking.

After that click on Continue to Login button. When you click the button then a page will be open where you have to enter your sbi net banking Username and Password.

And click on Login button. Your online sbi account Dashboard will be open. Where you have to go to the section of Fund Transfer as shown in below image.

how to transfer money without adding beneficiary in sbi net banking
Image- Onlinesbi.com

As indicated in above image. Just click on Quick Transfer (Without Adding Beneficiary).

When you click on Quick Transfer then a new page will be open as shown in below screenshot.

how to transfer money without adding beneficiary in sbi net banking
Image- Onlinesbi.com

In this page, select your debit account in which you want to debit the money. After that enter following things as below mentioned.

  • Beneficiary Name
  • Beneficiary Account Number
  • Re-enter your Beneficiary Account Number
  • Select Payment Option.
  • Enter Amount.
  • And Purpose of Transfer.
There is option mentioned in above called Payment Option. Here you have to choose in which bank your beneficiary account is associated.

If your Beneficiary account is associate within SBI then choose Within SBI option.

If Beneficiary account is associated with other bank like BOI, ICICI, HDFC, IDBI, etc. then choose Inter Bank Transfer.

When you choose Inter Bank Transfer then additional boxes will be appeared in payment option like below screenshot.

how to transfer money without adding beneficiary in sbi net banking
Image- Onlinesbi.com

Here you have to fill some additional details of beneficiary account as mentioned below.

  • Enter beneficial account IFS Code (Indian Financial System Code)
  • Select Transfer Mode between IMPS and NEFT
  • Enter amount which you want to transfer
  • Select purpose of transfer between Payment towards loan repayment, Deposit/Investment, Gift to relatives/Friends, Donation, Payment of education fee and Others

After filling all the details select I accept the Terms and Conditions. And click on Submit button.

how to transfer money without adding beneficiary in sbi net banking
Image- Onlinesbi.com

When you click on submit button. It will ask you to verify all the details which you have entered as shown above.

After verifying all the details just click on Confirm button. When you press confirm button an OTP will send to your registered mobile number.

how to transfer money without adding beneficiary in sbi net banking
Image- Onlinesbi.com

Just enter the OTP in the box as shown in the above image and press Confirm button. Your fund will be transfer to your beneficial account.

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