How to Submit KYC Online for State Bank of India (SBI)

Introduction

KYC (Know Your Customer) is a mandatory process required by banks and financial institutions to verify the identity and address of their customers. In the case of State Bank of India (SBI), KYC can be submitted online for the convenience of customers. This article will provide a comprehensive guide on how to submit KYC online for SBI.

Can I Submit KYC Online for SBI?

Yes, you can submit KYC documents online for SBI. The bank offers two methods for online KYC submission:

• Video KYC: This method involves a video call with an SBI representative who verifies your identity and address.
• Self-Attested KYC: This method allows you to upload scanned copies of your KYC documents for verification.

Benefits of Submitting KYC Online for SBI

• Convenience: Submitting KYC online eliminates the need to visit a bank branch.
• Time-saving: The online process is typically faster than branch visits.
• Secure: SBI uses secure protocols to protect your personal information.
• Mandatory: KYC is mandatory for all SBI customers to avoid account restrictions.

Eligibility for Online KYC Submission

To be eligible for online KYC submission for SBI, you must meet the following criteria:

• You should be an existing SBI customer.
• You have a valid government-issued ID proof (Aadhaar, PAN card, passport, etc.).
• You have a registered mobile number linked to your SBI account.

Methods to Submit KYC Online for SBI

1. Video KYC

• Step 1: Visit the official SBI website (www.onlinesbi.com) and log in to your account.
• Step 2: On the homepage, select "Video KYC" under the "Services" section.
• Step 3: Follow the instructions on the screen to schedule a video call with an SBI representative.
• Step 4: During the video call, the representative will verify your identity and address.

2. Self-Attested KYC

• Step 1: Log in to your SBI account.
• Step 2: Select "My Accounts" from the menu bar.
• Step 3: Click on "Customer Service" and then "Update KYC."
• Step 4: Upload scanned copies of your KYC documents (ID proof, address proof, and a selfie).

Documents Required for KYC Submission

Identity Proof:

• Aadhaar card
• PAN card
• Passport
• Voter ID card
• Driving license

Address Proof:

• Utility bills (electricity, gas, water)
• Bank statement
• Rent agreement
• Property tax receipt

Humorous Stories

Story 1:

A customer visited an SBI branch for KYC submission. When asked for his address proof, he handed over his marriage certificate. The bank employee was surprised and asked why he was providing that. The customer replied, "I'm married to my house."

Lesson: Always check the purpose of a document before submitting it.

Story 2:

A customer was completing his KYC online and was asked to upload a photo. Being a cat lover, he uploaded a picture of his cat. The bank rejected the KYC, saying it was not a valid ID proof.

Lesson: Pay attention to the instructions and submit the required documents.

Story 3:

A customer forgot to upload his address proof while submitting KYC online. The bank sent him a notification asking for the missing document. The customer replied, "I live in the same house as the bank. How do I upload a proof of my address?"

Lesson: Think outside the box sometimes.

Useful Tables

Table 1: KYC Documents for SBI

Table 2: Time Required for KYC Submission

Table 3: Advantages and Disadvantages of KYC Methods

Effective Strategies

• Collect all required documents before starting the online process.
• Ensure you have a good internet connection for video KYC.
• Scan your documents clearly and in the correct format.
• Review your documents carefully before uploading them.
• Follow the instructions provided by the bank.

Call to Action

If you are an SBI customer, we recommend that you submit your KYC online to avoid any account restrictions. You can