How To Pay SBI Credit Card Bill By NEFT Payment?

NEFT stands for National Electronic Funds Transfer. It is a payment system which facilitates one-to-one funds transfer.

NEFT

Under NEFT Scheme, individuals can electronically transfer funds from any bank branch to any person having an account with any other bank branch in the country. NEFT operates in hourly batches. There are twelve settlements from 8 am to 7 pm.

How to pay SBI credit card bill using NEFT?

Payment made through NEFT can be done anytime at the convenience of the card holder from any bank account other than SBI via Online or through their branch.

How to register and pay using NEFT?

You can follow these simple steps to make a payment by NEFT credit card:

• Provide your username and password on your net banking facility provided by your bank to log into your personal account.
• Add your SBI credit card as a beneficiary under a third-party transfer option.
• Enterer your 16-digit SBI credit card number instead of the account number on the Internet Banking page.
• Add the IFSC code of your SBI card as SBIN00CARDS to make a payment by NEFT credit card.
• Indicate the name of the beneficiary in the form of an SBI - NEFT credit card.
• Provide the bank detail as Payment Systems Group, State Bank GITC, CBD Belapur, Navi Mumbai.
• To complete the registration process click on the submit button. To make the payment, choose SBI Card as beneficiary and enter the amount you want to transfer.
• You will receive a notification when the process is complete with a transaction reference number.
• Once the amount is credited to your SBI Card account, you will also receive an SMS notification to acknowledge receipt of the payment.

How much time does it take?

Payment will reflect within three banking hours in your SBI Credit Card account. Payments made till 3:30 pm via NEFT payment mode, will get credited within three banking hours, same day.

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