State Bank of India (SBI) is the state-owned largest banking and financial services company in India by revenue, assets and market capitalization. SBI is also known as “Banker to every Indian”. SBI provides State Bank ATM-cum-Debit Card facility through which an SBI accountholder can withdraw cash or do many stuffs FREE through any of over 26,000 ATMs of State Bank Group within the country. Now you dont need to visit the branch or login to your Online SBI Account to transfer money to the SBI beneficiaries (to whom money is to be transferred). Instead you can use SBI Card to Card Transfer facility provided by SBI.
                 If you want to transfer money from one SBI account to another though a state bank ATM, there is no option to transfer directly to a bank account. Instead you can use the card to card transfer. In card to card transfer the money in your account is transferred to any state bank group debit card. This is equivalent to transferring to another bank account. To use this facility when you swipe your card you will see several options. On the right bottom side of the screen you can see transfer. Select the option and you will be asked to enter the PIN number. Enter the PIN and you can see the card to card transfer option and select it. You will be asked to enter the card number twice. Then you will be asked to enter the amount. Then you need to select your account type ( Checking or Savings ). The recipient’s account will be credited immediately and the service is free.
               You can transfer to any visa card in India through the visa money transfer option. It takes up to 72 hours for crediting to the beneficiary account. You can also transfer to any MasterCard in India using the MasterCard Money Send option. It takes up to 48 hours for crediting to the beneficiary account. The above two functions you can see in transfer option. Both the above two services are charged Rs 20 per transaction.
All ATM cum debit card holders of the state bank group can avail the above facilities.

How to Transfer Money through State Bank ATM

If you require transferring some money from one SBI Account to another SBI Account through State Bank ATM, you can see there is no option to transfer directly to SBI bank account. Instead, you can make use of card to card transfer from SBI ATM. In card to card transfer, the money in your account gets transferred to account number of beneficiary’s debit card number of state bank group. As a result, you can say it that card to card money transfer is as same as transferring money to another bank account.

Steps to Avail Card to Card Money Transfer Facility
To manipulate State Bank card to card fund transfer facility you can follow the following steps:
·    Swipe your debit card of State Bank of India.
·    Choose Transfer option (from the various option listed on the screen after swiping your ATM card. Transfer option could be seen at the right bottom side of the ATM screen.)
·    Enter the PIN (after selecting Transfer option you will be asked to Enter the PIN. You have to enter your ATM Card PIN Number there.)
·    Choose Card to Card Transfer option (from the various option listed on the screen after entering the PIN.).
·    Enter Beneficiary’s Debit Card Number (you have to enter the 19-digit debit card number of the beneficiary to whom the money is to be transferred).
·    Enter Again Beneficiary’s Debit Card Number (you will be asked twice to enter the debit card number of the beneficiary for confirmation).
·    Enter Transferable Amount (you can now enter the amount of money which you want to transfer to the beneficiary’s account).
·    Select account type (you will be asked to choose your account type from either Savings or Checking).
·    Transaction Completed (your transaction is completed now and the amount of money is credited instantly to the recipient’s account).
Things you must have for SBI Card to Card Transfer
For availing SBI Debit Card to Debit Card money transfer facility you must have these two:
·    your debit card, and
·    debit card number of beneficiary (to whom money is to be transferred)
When and Where Card To Card Transfer can be Availed
SBI debit card to debit card money transfer can be used to shift money from one SBI account to another SBI account. This facility is available on all the 26,000+ ATMs of State Bank group and 24x7 (round the clock).
SBI Card to Card Transfer Limit
A present, limitation for State Bank of India card to card transfer facility is:
·    Per transaction limit- You can transfer a maximum of Rs 15,000/- per transaction.
·    Per day limit- A maximum of Rs 30,000/- can be transferred per day from one debit card to another.
·    Number of transactions limit- An SBI ATM cardholder can do at most to transactions per day for card to card money transfer.
More Info on SBI Transfer Cash
For more information on SBI card to card money transfer facility one can visit official website of State Bank of India i.e. www.statebankofindia.com. Alternatively, you can make call SBI customer care toll-free numbers at 1800-425-3800 or 1800-112-211 round the clock for any type of service related confusion or further queries.
Surely you have now learnt how to tranfer money from one SBI account to another SBI account from ATM card using Card to Card Transfer Facility from any ATM of State Bank group. Here money is transferred electronically so this is paperless too.
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