SBI nominee registration process: A step-by-step guide to do it online

Here's a step-by-step guide for State Bank of India (SBI) customers to avail an online nomination facility for bank accounts.

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In Short

• SBI nominee can be added through net banking and mobile banking.
• Nominee can claim the account's amount in case of depositor's unexpected death.
• You can visit SBI's website to add a nominee through net banking.

Are you planning to add someone as a nominee for your State Bank of India (SBI) account? If yes, then you can simply avail this facility online. All the depositors who have an account with SBI can nominate someone for their bank accounts without visiting the branch.

Most banks have the facility to add a nomination to the bank account so that in the case of the depositor's unexpected death, someone can claim the amount. All the accounts opened in an individual capacity (i.e. single/joint accounts as well as accounts of a sole proprietary concern), can avail the facility of adding a nomination, read the note on the bank's website. This facility is not for accounts opened in a representative capacity.

There are three ways in which you can add a nominee to your SBI Bank Accounts:

- By visiting the branch
- Through SBI net banking
- Through SBI mobile banking

Here are some steps to add a nominee through SBI net banking:

Step 1: Go to SBI's website, onlinesbi.com and log in using your username and password.
Step 2: Under the Menu, click on the 'Request & Enquiries' tab.
Step 3: Select the 'Online Nomination' option.
Step 4: Select the account for which you want to add a new nominee and click on the continue tab.
Step 5: Now, enter the nominee Name, DOB, Address and Relationship with the account holder.
Step 6: Submit the details.
Step 7: After that, enter the high-security password which you received on your registered mobile number.
Step 8: Add the new nominee by clicking on the 'Confirm' button

Here are some steps to add a nominee through SBI mobile banking:

Step 1: Open the SBI YONO Lite app and sign in to your account.
Step 2: Tap on 'Services' and select the 'Online Nomination' option.
Step 3: From the drop-down menu, select your type of account and account number for which you want to add a nominee.
Step 4: Click on the 'Register Nomination' and specify Nominee Name, DOB, Address and Relationship.
Step 5: After that, confirm the entered details and tap on 'Submit' to complete the registration process.

Things you must keep in mind before adding a nominee to SBI bank account:

- The depositor can make or cancel the nomination anytime during his/her lifetime.
- While making and cancelling the nomination, a witness is required and the request should be signed by all account holders.
- SBI has stated, "Customers (new as well as existing) are advised to avail nomination facility if they have not availed so far. In case the depositor(s) do(es) not wish to make a nomination, the same should be recorded on the account opening form by the depositor(s) with their full signature," on its website.
- Every bank account holder has the option to nominate someone.
- Nominations in favour of more than one person, i.e. up to two individuals, are permitted to a jointly managed locker account with common approval.
- Please note, that a nomination can also be lodged on behalf of a minor. The legal guardian will receive the amount on behalf of the registered minor, till the original nominee reaches the directed age.
- Only after the demise of the depositors, the nominees can receive the depositor's amount from the bank.