SMS alerts for transactions in case of bank accounts are important as it lets you know what is happening with your account instantly. One such facility is provided by SBI and its associate banks lately for free called as ‘SMS Alerts’.
The option of registering for SMS alerts comes along with the new accounts being opened of late. Existing customers can request their respective branches to opt you in to the SMS alert service or make use of the ‘Services’ section of any State bank ATM and register themselves for the SMS alert service.
From then, you would receive SMS alerts for every transaction that happens with your account, such as money credit, withdrawal, alert for not maintaining the required balance etc.
One such alert is shown in the Image.
Enabling high security password
While the above alerts help you to know what’s happening with your account, the alert only comes after something happens. Enabling high security password for your online banking account ensures that it’s only you who can make any outward transaction (send money).
When the high security password is enabled, you will receive a code in your registered mobile as an SMS which you’ll have to enter in the appropriate place when ever you want to make any online transaction by making use of your online banking account.
To enable high security password, go to your profile in your Internet banking account (SBI or its associate banks), register your mobile number and then enable high security password.
Note: Please don’t post your account numbers here. Instead, follow the process described above. We’ve edited out A/C numbers posted below for your safety. If you’re that lazy to go to your branch, from now, you can also enable SMS alerts from State Bank Internet Banking.