Central Bank of India was established on 21st December 1911, and it is among the largest and oldest government commercial banks in India. The CBI bank has its headquarters in Mumbai and is known for offering multiple services, including CBI net banking.
The Central Bank of India currently has over 4600 branches all over the country. All account holders can avail themselves of Central Bank of India net banking services from the comfort of their homes. These services include- commercial banking, retail banking, corporate investment banking, etc.
If you want to learn the complete procedure of CBI net banking, make sure to read this blog till the end. Here we have given a complete guide including everything about CBI net banking registration and login process, fund transfer, and the like.
Services offered by CBI Net Banking
CBI net banking offers multiple services to its customers, which they can enjoy with just a few clicks. With the internet banking facility, now you no longer have to visit the branch for small queries like checking bank statements, balance inquiries, etc. Some of the primary services offered by CBI internet banking are-
- Cheque status
- Account balance inquiry
- Transaction history
- Fund transfer to the self bank account
- Fund transfer to other bank accounts
- Check account statement and download it
- Bill and tax payments
- Open accounts online
- Stop cheque payments
- Block lost or stolen debit cards
How to Register for CBI Net Banking?
Follow these steps to register for Central Bank of India Net banking-
- Get the net banking registration form from your nearest branch or download it from the CBI website using this link https://www.centralbank.net.in/jsp/Register.htm
- Fill in all the tabs with correct details and submit the form to the branch where you have the CBI bank account.
- After submitting the form, the bank will start processing it for internet banking facilities.
- After the process is successfully done, the transaction password and the login password are sent to your address separately.
- Once you receive the passwords, you will have to visit the branch to collect your user id.
- Finally, you can activate the net banking facility with the user id and password.
How to Login Using CBI Net Banking?
Follow these easy steps to log in to your CBI net banking-
1) Visit the Central Bank of India internet banking login portal here.
2) Enter your user id and password.
3) Click on “login.”
4) You can use the virtual keyboard also to type your password and log in.
How to Create a T-Pin Password for CBI Net Banking?
1) Log in to CBI net banking portal using your user id and password
2) Go to the options menu and then click on “transaction password generation.”
3) Enter your registered mobile number
4) You’ll receive an OTP, which is valid for 3 minutes
5) Create a T-Pin by entering the OTP.
How to Transfer Funds Using CBI Net Banking?
To avail of the online fund transfer facility, you first need to add a beneficiary. The entire process of adding beneficiaries can be done online, and you don’t have to stand in long queues in the bank.
Moreover, the online fund transfer methods will also help you send money within the CBI bank and to other banks as well.
Let’s check the process of adding beneficiaries to CBI net banking-
1) Log in to CBI net banking.
2) Go to the “fund transfer” option.
3) Click on “add a beneficiary.”
4) You can select from either CBI bank or another bank.
5) Now you have to enter either the IFSC code or the bank name and the branch name.
6) Fill in all the details like beneficiary name, account number, IFSC code, and beneficiary’s unique nickname.
7) After placing all the necessary details, click on submit.
8) After a three-grid authentication process, the beneficiary will be added successfully, and you can start the fund transfer.
If you are sending money within the CBI account, the Central Bank of India IFSC code is very crucial to know as it helps in quick verification of the branch. You can easily find the CBI IFSC codes on the https://findyourbank.in/ website.
Find Your Bank also has their mobile app, which makes finding all codes like IFSC, MICR, and SWIFT codes quite easier.
Now that your beneficiary is added successfully let’s check the fund transfer process of CBI internet banking-
1) Go to the CBI website and log in using your user id and password.
2) Go to “payment and transfer” and click on “fund transfer.”
3) Next, you have to select either “intra bank” if you are sending money within the bank or “inter bank” if you are sending money to other banks.
4) In the next step, you have to add beneficiary details and enter the amount you want to send
5) Finally, click on confirm after accepting all the terms and conditions.
6) Your fund transfer will be successful.
Netbanking Transaction Charges in CBI Net Banking
Following are the net banking charges of CBI internet banking-
Charges for NEFT
|Upto Rs. 10,000||Rs. 2.5 per transaction|
|Rs. 10,000 to Rs. 1 lakh||Rs. 5 per transaction|
|Rs. 1 lakh to Rs. 2 lakh||Rs. 15 per transaction|
|Above Rs. 2 lakhs||Rs. 25 per transaction|
Charges for RTGS
|Rs. 2 lakhs to Rs. 5 lakhs||Rs. 25 per transaction between 8 am to 11 am|
Rs. 27 per transaction between 11 am to 1 pm.
Rs. 30 per transaction from 1 pm to 4 pm or after
|Above Rs. 5 lakhs||Rs. 50 per transaction between 8 am to 11 am|
Rs. 52 per transaction between 11 am to 1 pm.
Rs. 55 from 1 pm to 4 pm or after
Safety Tips for Using CBI Net Banking
Below mentioned are some of the dos and don’ts of CBI internet banking for ensuring the safety-
- Only use the CBI official website to use the internet banking facility, i.e., http://www.centralbank.net.in/ or https://www.centralbankofindia.co.in/en
- The address bar show https:// and not http:// before entering your id and password
- Check transaction history regularly.
- If you think someone might have an idea of your password, change it immediately.
- Keep the updated antivirus in the system.
- Do not share the id and password with anyone.
- Don’t download any file from a suspicious source
- Don’t respond to emails from questionable sources
- Make sure to log out from the net banking portal after the work is done. Leaving it logged in can be dangerous.
- Refrain from using public workstations for net banking as far as possible.
How do I find my user id for internet banking?
You have to collect your user id for internet banking from the nearest branch after receiving your passwords.
Is customer id the same as CIF?
Yes, the customer id is the same as CIF.
Can we deactivate the internet banking account?
Yes, we can deactivate our internet banking account by visiting the branch.
How to unlock login/ transaction password?
You can unlock the login/ transaction password by contacting the branch manager.