Opening a student bank account is often the first step for young individuals toward managing their finances. SBI student account is one of the best options for banking services at both domestic and international destinations. SBI student account opening online without a PAN card is possible for students if they have an Aadhaar card and form-16 of the Income Tax Department. The State Bank of India (SBI), one of the most trusted banks in India, offers a student account designed to meet the needs of young learners.
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How to Open SBI Student Account Opening Online Without PAN Card?
Opening an SBI student account online without a PAN card is simple and can be done using alternative KYC documents. Students can use their Aadhaar card, student ID, or address proof to fulfil the verification requirements. The process is tailored to ensure students can start managing their finances with ease, even if they don’t have a PAN card. Check the steps involved in opening the account below:
- Visit the official website of SBI or open the SBI YONO app.
- Choose “Student Account” under the new account opening options.
- Upload your Aadhaar card, student ID, and other valid address proof as alternatives to PAN. Also upload Form 16, which is essential for the account if you don’t have a PAN card.
- Fill in personal and guardian details (if under 18).
- Complete the process by visiting the nearest branch for verification, if required.
Also Read: Check here all about YONO SBI Education Loan and apply for it now
Benefits of SBI Student Account
The SBI Student Account offers a range of advantages best suited to the needs of young students. With no minimum balance requirement, students can easily maintain their accounts without worrying about fees. The account provides easy access to digital banking services, allowing students to make transactions, check balances, and transfer funds online. Check some major benefits of an SBI student account below:
- Students can enjoy the convenience of a free debit card for purchases and ATM withdrawals, along with fee waivers for various banking services like NEFT and RTGS.
- There is no minimum balance requirement and students can maintain a zero-balance account.
- SBI provide free ATM and debit cards which provide access to cash withdrawals and online purchases. You can also use the debit card at international destinations
Important Tips for Students
SBI student account can be opened within hours by providing the required documents. However, it is important to understand how to handle the account properly and operate it in a secure way. Check some of the important tips and suggestion regarding the SBI student account below:
- Students below 18 can open a minor account with a guardian’s consent.
- Some features, like high-value transactions, may be restricted until a PAN card is provided.
- Ensure that your Aadhaar is updated with your current address to avoid discrepancies.
- The limit of transactions with this account will be less than a usual SBI savings account as the PAN card is not provided.
Also Read: Check here all major differences between SBI Global Ed-vantage and SBI Education Loan Scheme
Opening an SBI student account without a PAN card is possible and straightforward if you provide valid alternative documents. For a seamless experience, ensure all details and documents are accurate before submission. Check some FAQs based on the same below:
FAQs
Yes, you can open an SBI student account online without a PAN card by submitting alternative KYC documents like Aadhaar card and Form-16.
You will need an Aadhaar card, student ID, address proof, and Form-16 from the Income Tax Department.
Visit the official SBI website or use the SBI YONO app, choose “Student Account,” and upload the required documents for verification.
No, there is no minimum balance requirement for the SBI student account, making it easier for students to maintain the account.
You get a free international debit card, access to digital banking services, fee waivers for certain banking services, and the option to withdraw money at ATMs.
Yes, you can use the free debit card for ATM withdrawals and purchases internationally.
The account can be opened within hours if you provide all the required documents.
Yes, students below 18 can open a minor account with a guardian’s consent.
Yes, some features like high-value transactions may be restricted until a PAN card is provided.
In some cases, you may need to visit the nearest branch for document verification to complete the account opening process.
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