You can create a Fixed Deposit and add/change nominees to your FD online at SBI Bank. We’ll show you how to update the Nominee in your SBI fixed deposit online using your phone or computer in this article with complete detail.
Documents Required to change SBI fixed deposit nominee online.
- SBI net banking user id is required
- Password for SBI netbanking
- You should have your registered mobile number with you. (To use an OTP to verify your net banking login).
- Account Number for Fixed Deposits.
- The name of the nominee, their relationship to the account holder, and their address
How to change Nominee in SBI Fixed Deposit online Easily
Step 1: Go to https://www.onlinesbi.com/ on your computer/smartphone browser to access SBI Internet banking.
Step 2: After clicking the log-in button, enter your user id and password. Also, accurately enter the captcha code and click the login button.
Step 3: An OTP will be sent to your registered mobile number. Click the Login button after entering the OTP in the provided space on the screen.
Step4: Select Request & Enquiries from the main menu on the Main Dashboard.
Step5: On the new page, select the option for Online Nomination.
Step6: From the list of accounts (fixed and saving) on the screen, choose your Fixed Deposit account number and click the Continue button.
Step7: If the nominee has already been registered, you must delete the previously associated nomination before adding new nominee information.
Step8: To cancel a nominee, go to the page’s ‘Cancel Nominee’ option and pick the Fixed Deposit number.
Step 9: Finally, check the box next to the sentence “I accept the terms and conditions,” and then click the “Submit” button
Step 10: An OTP will be sent to your registered mobile number. On the screen, enter the OTP and then click the Confirm button.
Step 11: Your nomination has been revoked. (If the nominee cancels after 8 p.m., it will be after 8 a.m. the next day.)
Step12: You can now add a new nominee to your account. Select your fixed deposit number on the Register Nominee tab and click the Continue button.
Step 13: Fill in the nominee’s name, address, and relationship to the account holder.
Step14: To finish the ‘change nominee in SBI fixed deposit process, click the Submit button.
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