SBI waives SMS charges on mobile fund transfers: Here’s how to register

State Bank of India (SBI) has announced that it has waived SMS charges for mobile fund transfers. SBI customers can now transact without additional charges using USSD services.

According to the official twitter account of SBI, “SMS charges now waived off on mobile fund transfers! Users can now conveniently transact without any additional charges.”

How to use this service?

Just dial * 9# & & avail Banking services absolutely free, this is specially for feature phone users, it added.

*99# Services:

  • Send money
  • Request money
  • Account balance
  • Mini statement
  • Change UPI PIN

Bank customers can use this service if their mobile number is linked to their bank account and have an ATM/ debit card.

How to register for USSD (Unstructured Supplementary Service Data)

According to the SBI website, below are the simple steps to register to avail free mobile fund transfers using USSD.

: i. Send a SMS to 9223440000. User ID and default MPIN will be sent as response to the above SMS.

ii. Change the default MPIN : – Dial *595#

– Enter User ID and select option 4

– Enter Old MPIN (Default MPIN received over SMS for first time user) and SEND

– Enter New MPIN of your choice (6 characters/ digits) and SEND

– Confirm new MPIN and SEND.

– You will get a response

– “Your MPIN is changed”.

iii. Register at ATM/ Internet Banking/ Branch

At the ATM: swipe the Debit Card, select Mobile Registration > Mobile Banking >Registration > enter your mobile number and confirm –

Onlinesbi: Log into OnlineSBI, select eServices > State Bank Freedom from the list on the left side > Registration > Enter User ID and mobile number > Select the account (only SB/ CA) to be enabled > submit.

For adding more accounts, visit the Home branch of the primary account or other accounts. – At the Branch: Visit the Home Branch of your account.

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