You must come across this article looking for a solution to the on-screen banking error ‘you don’t have necessary rights to do the transaction from this account.’ Fortunately, you have landed in the right place. The State Bank of India customers can now change their banking transactions limits and rights using the mobile banking and internet banking option.
You can quickly change the limited transaction rights to the full transaction rights or change the full transaction rights to limited/view transaction rights only using the digital banking options. For instance, the two methods are available to change such settings in the banking system.
You can change transaction rights using the SBI Net Banking and Mobile Banking service. In this article, we will explain how to get it done. Let’s have a look at it.
Transaction Rights for SBI (Explained)
For instance, in SBI net & mobile banking, you will get three right options to change the settings. You can quickly check out the three settings below.
- View Only Rights – It means you can only view the account information. You will no longer have any further rights to complete any fund transfers.
- Limited Transaction Rights – It means only have access to limited facilities of SBI mobile and internet banking. The limited transaction means you can only able to transfer funds to the SBI bank accounts only. No other banks transfers are allowed.
- Full Transaction Rights – It means there is no restriction in your net banking and mobile banking account. You can quickly transact or transfer funds to SBI or any other bank account easily.
How To Change Transaction Rights for SBI Net Banking & Mobile Banking?
You do not have to be worried about this. It is a quick process to change transaction rights in SBI using the internet banking and mobile banking option and fix the issue ‘you don’t have necessary rights to do the transaction from this account.’
Let’s come to the process.
SBI Internet Banking – 1
You can quickly change the transaction rights using the internet banking option. However, one needs to have the login details for getting logged in to the online portal of SBI. If you are already an internet banking user? Then, follow the below-given steps for changing the transaction rights.
- First, you need to visit the official website of the State Bank of India. You can quickly visit the net banking login page from here.
- After that, simply log in using the customer id and password. Just click on the login button and complete the login process.
- You now have to click on the menu option and then select the ‘Services Request.’ option from the list.
- You will see the tab to change the transaction rights in the banking.
- You now only have to change the transaction rights according to the preference.
- Enter the transaction password.
- That’s it.
SBI YONO – 2
The second method to change the transaction rights in online banking is via the SBI Yono application. You only have to download this application to complete this changing process. For instance, we have found this process more flexible and easy. It is because one can change the rights using the tips of their fingertips.
Let’s check it out.
- First, open the SBI Yono application.
- Login using the registered customer id and password.
- Go through the drop-down menu and choose service requests from the list.
- After that, visit the change transaction rights section.
- You now only have to change the transaction rights according to the preference.
- Enter the transaction password.
- That’s it.
Frequently Asked Questions
Some questions are repeatedly asked of us. Thus, we have decided to answer all the queries related to SBI transaction rights related in this section. Let’s have a look at the queries.
I have only view only rights in the SBI mobile banking? Can I change it?
Yes, it is possible to change the view-only rights to full banking rights using the SBI Yono application. You only have to follow the process that we have added above in this article.
I am unable to transfer money to another bank account that I have added to the list? How can I change my limited transaction rights?
You will have to change your limited transaction rights to full transaction rights. You can do it using the mobile and net banking options.
Conclusion
Here we come at the end. The State Bank of India is one of the famous and largest nationalized banks in India. It has more customers and branches than any other bank in India. However, this article is related to change transaction rights for SBI Net Banking and Mobile Banking.
Here we have added everything in this article that you need to know about it. We hope it helps. If something else to ask? The comments section is always open.
What did we learn?
