Approve through ATM (IRATA*): Instant Approval of Internet Banking Request Approval Through ATM in India. SBI is the best bank in India in technology. They introduces lot of new technology in Indian banking with great security. I like it a lot. But there front end staff not looks like there website …LOL
Today I seen 2 option in approval section after adding a new beneficiary. Now you need not to wait upto 4 hour( In case OTP). Looks like this
The 1st option is
Approve through ATM (IRATA*): Instant Approval of Internet Banking Request Approval Through ATM in India
And 2nd one is old one
Approve through OTP**: Using OTP (One Time Password) approval will happen after a cooling period of some hours,and maximum initial limit will be Rs. 50,000. Only one beneficiary can be added per day using this option.
Once you select option 1 . You get a 10 digit reference number. It look like this
Now follow the steps as shown in abobe image
- Go to a State Bank Group ATM
- Swipe your ATM Card which is linked to an account that you can view in your internet banking login and enter your card PIN.
- Choose ‘Services’ ->others then choose ‘Internet Banking Request Approval’ option.
- Enter 10-digit INB regerence number and confirm.
I like there concept. Before this option there was option to go to branch to approve it now. But now you need to see the face of SBI employee you can do it directly from ATM.