State Bank mCASH is a simple and quick way to claim funds using mobile number or e-mail id sent by SBI customers through Internet Banking or State Bank Anywhere mobile application.

Features

  • Any SBI customer having Internet Banking facility can now transfer funds to a third party without beneficiary registration, either through mobile number or email-ID of the beneficiary.
  • At the other end, the beneficiary with account of any Bank, can claim the fund either through State Bank mCASH Mobile App or mCASH link available on OnlineSBI. The recipient will receive a link in the SMS or email and 8 digit passcode based on the medium chosen by the sender.
  • Beneficiary is required to enter the Account Number, IFS Code, and Passcode, Mobile number or Email address. After due validations, “Real Time” funds would be transferred to desired account.
  • State Bank mCASH app has two options as; “Claim: and “Favourites”. In “Favourites” section, customers can store account number and IFSC code (maximum 5 accounts) for future claims.
  • Please provide your feedback for us to improve the application in future at : mb.support@sbi.co.in

Registration Process

  • Download the SBI mCash Application from Google play store
  • Register a MPIN for log in.
  • Using the registered MPIN customer can now to login into the SBI mCash app.

Functionalities

  • Claim fund sent by State Bank customer using Passcode
  • Transfer claimed funds to your account maintained at any bank
  • Customer can set account number and IFSC code as favorites for future claims.

FAQs

 

1. What is State Bank mCash?

State Bank mCASH is a simple and quick way to send money to any customer (both SBI & non-SBI), just by using beneficiary’s mobile number or email id through Internet banking or State Bank Anywhere mobile application.

  • Send Money: User can send money using 2 options:

  1. Mobile No:

    Customer needs to enter Beneficiary mobile number, amount and enter remarks, if any, regarding the transaction. They need to accept the Terms & Conditions before initiating the transaction.

  2. Email ID:

    Customer needs to enter Beneficiary email ID, amount and enter remarks, if any, regarding the transaction.

  • Receive Money:

    At the beneficiary end, the recipient needs a Bank account, not necessarily with SBI. The beneficiary can receive money through Internet Banking (INB) pre-login. The recipient will receive a link in the SMS or email based on the medium chosen by the sender. An 8 digit passcode will be provided in the communication which is required to be used on the State Bank mCASH option in INB pre-login (Passcode expires within 5 days of creation).

  • Beneficiary:

    Beneficiary is required to enter the Account Number, IFSC Code, Mobile number or Email address and Passcode in the space provided. Funds are transferred “Real time” via fund transfer functionality or IMPS facility for interbank transfers.

2. What is the permissible minimum/maximum amount for transactions?

 
Amount Minimum Maximum
No Minimum
Rs.1101/- per Transaction
Rs.2202/- in a Day
Rs.5101/- in a month
 

3. What are the timings for the services?

 
Mode of Transaction Timings
Within SBI 24*7 hrs
Interbank (IMPS) Timings
(All days including Holidays)
 

4. What are the service charges applicable for transactions?

 
Within SBI/Interbank (IMPS) Service Charge
Rs.2.5+Tax per request

Trouble Shooting

I have a Dual SIM phone. Whenever, I try to login to State Bank Anywhere, I get an error “Unable to connect... Please check your device network connectivity...”
  • Kindly ensure you have working network connectivity in either of the dual SIMs
  • Ensure that your primary SIM (1st SIM) is enabled for network connectivity (2G or 3G). In case, it is not, kindly swap the SIMs and try logging into the application
Application Unable to download. Error - 491
  • Kindly Go to Settings on your phone >> Accounts
  • Delete the Google Account
  • Restart your device
  • Add the Google Account back

After successful completion of the above, launch the application again and login