Ministry of Women & Child Development

SBI Payment Process

Mode Process Flow Account Details of beneficiary IFSC CODE  of beneficiary Remarks 1 Remarks 2
Bank Draft/ Bankers Cheque  Draft pay in slip to be filled and submitted at the Bank. Standard format attached. This may differ from Bank to Bank ( Link)  Not required Not required Banks may charge some additional fee as exchange Draft to be made payable at the place where Vendor maintains his account  
Net Banking  Payment can be made by directly transferring amount to Vendors account through Net Banking / NEFT/ RTGS Required Required Payers account needs to be net banking enabled. Vendor to be added as a third party
IMPS  Payment can be made by directly transferring amount to Vendors account through Net Banking without adding beneficiary as Third party Required Required Banks may charge some additional fee as exchange  
NEFT  ( no limit) 
RTGS (for transactions  only above Rs. 2,00,000)
The  buyer can approach a bank branch and transfer the amount to the benefiacry’s account with any other Bank through NEFT RTGS. By filling up a specified form. ( Link) Required Required Banks may charge some additional fee as exchange UTR generated by the system should be kept for further reference.
These are few frequently used methods for transferring funds apart from other modes which differ from Bank to Bank.  
Visitors willing to pay through State Bank Net Banking may click here (www.onlinesbi.com) 
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