Delete or Remove Beneficiary from SBI Account? Follow the steps to Remove a Registered or Verified Beneficiary from SBI Account (Savings and current).
There are many ways to transfer money nowadays, like IMPS, NEFT, etc. For some of the methods used, you need to add a beneficiary. A beneficiary means a person’s account number can receive the money you send. Sometimes, we add many beneficiaries not required in the long run. In such cases, we want to remove the beneficiary from our list to lessen the confusion.
SBI Bank allows its users to remove the beneficiary name from the account as and when required. The process is also quite simple. Follow the step–by–step process discussed below to remove a beneficiary name from your SBI account number.
How to Remove Beneficiary from SBI Account
- First, open the official SBI website page at https://www.onlinesbi.com.
- Choose the coloured ‘Login’ tab present in the personal banking section.
- Now, press the ‘CONTINUE TO LOGIN’ tab.
- You will then be asked to enter your SBI internet banking username and password. Together with it, you need to enter the correct captcha code and then click the ‘Log in’ tab.
- You will then be asked to enter the OTP sent to your registered mobile number. Enter that.
- You will now be taken to the home page of your logged-in account. The ‘payments and transfer’ tab is on the blue line, providing various options. Hover your mouse over it, and a drop-down list will automatically appear. Choose the option ‘Add & Manage Beneficiary’.
- On the next page, you will be asked your profile password. We set this secure password when we register for Internet banking services. Enter that password and then click on the ‘Submit’ tab.
- Now, you will be asked about the type of beneficiary you want to remove from your account, such as a credit card beneficiary, SBI beneficiary, another bank beneficiary, etc. Choose the option as per your requirement. Here, I am choosing the option ‘Other Bank Beneficiary’.
- On the next screen, you must choose the ‘Delete’ tab between the tabs, such as Add, Modify, Approve, etc. When you do that, other banks’ beneficiary account numbers will appear on the screen. You must choose the beneficiary account number that you want to delete.
- A ‘Show Detail’ tab will appear. Click on that.
- All the information related to that beneficiary account will appear on the screen. You can check the details, and if you are sure that you have chosen the right beneficiary account to delete, click the ‘Delete’ tab.
How to Add or Delete Beneficiary details in the SBI Yono App
- To proceed, open the “Yono ” mobile application on your mobile device.
- After starting the app, sign in using your MPIN or SBI online banking user ID and password.
- After logging in, you will view the application’s dashboard. There is a ‘Fund Transfer‘ option.
- Click on “Fund Transfer”.
- Under ‘Fund Transfer‘, you will see a list of options. Find and choose ‘Add/Manage beneficiary‘.
- A new page appears. Your online banking password is required here. Then click ‘Submit‘ to save it.
- After entering the profile password, a new page will appear. Select ‘other bank account’ and ‘State Bank Account’ as beneficiary types. If your beneficiary account is not with SBI, choose ‘other bank account’; if it is with SBI, choose ‘State Bank Account‘.
- A list of beneficiaries organized according to the specified kind will now be presented. Additionally, you will see a bin symbol next to the beneficiary.
- To remove a beneficiary, click on the trash next to the beneficiary’s name.
- A pop-up message will appear. It asks whether you are sure you want to remove the beneficiary information. Select the ‘Yes‘ option.
- Now, a message will appear confirming that the beneficiary information has been properly removed.
In this way, you can delete all the beneficiaries you want from your account individually. I hope the process is clear to you.
