If you’re an SBI account holder, then you know that one of the many perks of the bank is the ability to generate a mini statement via SBI Net Banking. But what exactly is a mini statement? Simply put, it’s a summary of your account activity over a certain period of time – usually the past few months. While you can always view your full transaction history online or through your monthly statements, a mini statement provides a quick and easy way to see recent activity without having to sift through pages and pages of data.
But that’s not all – a mini statement can also be incredibly useful for tracking your spending, monitoring irregular transactions, and even keeping an eye on your account balance. Plus, if you ever lose or misplace your card, your mini statement will have all the information you need to cancel and/or report the loss.
So how do you access your SBI mini statement? Read on for a step-by-step guide!
Overview of SBI Mini Statement.
The SBI Mini Statement is a statement that provides an overview of your account transactions for the past few days. It usually contains the date, time, amount, and type of transaction. You can generate a mini statement by logging into your online banking account or by visiting an ATM.
How to Access Your SBI Mini Statement.
You can access your SBI mini statement in several ways:
- Log into your online banking account and go to the “Mini Statement” section.
- Visiting an SBI ATM and selecting the “Mini Statement” option from the menu.
- Sending an SMS to 567676 with the code MSTMT.
Benefits of SBI Mini Statement.
One of the main benefits of using an SBI mini statement is the increased security it offers. With this service, you can choose to receive your statement in a secure PDF format that can only be accessed with your unique login credentials. This means that even if your email account is hacked or someone gains access to your personal information, they will not be able to view your statement unless they also have your login information. In addition, you can set up two-factor authentication (2FA) for added security. 2FA requires you to input both a password and a code that is sent to your mobile device in order to log in. This makes it much more difficult for someone to gain access to your account without your permission.
Speed and Convenience.
Another benefit of using an SBI mini statement is the speed and convenience it offers. With this service, you can quickly and easily generate a statement at any time, from anywhere with an internet connection. This means that you don’t have to wait for a physical statement to arrive in the mail or go into a branch location to request one. In addition, you can save time by setting up automatic statements so that you don’t have to remember to generate one each month.
Transaction History Tracking.
Another benefit of using an SBI mini statement is the ability to track your transaction history easily and conveniently. With this service, all of your past transactions are stored securely online so that you can view them at any time. This means that you can keep track of how much money you’ve spent over time and see where your money is going each month. In addition, if there is ever any suspicious activity on your account, you can quickly check your transaction history to see if there are any unauthorized charges.
Step-by-Step Guide to Access Your SBI Mini Statement.
The first step to accessing your SBI mini statement is to visit the official SBI website. Once you are on the homepage, look for the ‘Login’ button located at the top right-hand corner of the screen. When you have found it, click on it and you will be redirected to a new page.
Logging in to Your Account.
After clicking on the ‘Login’ button, you will be taken to a login page where you will be required to enter your User ID and password. Once you have entered these details, click on the ‘Login’ button and you will be logged into your account.
Generating a Mini Statement.
Once you are logged into your account, look for the ‘Accounts’ tab located at the top of the screen and hover over it with your mouse cursor. A drop-down menu will appear and from there, select the ‘Mini Statement’ option. This will redirect you to a new page where you can generate your mini statement.
Helpful Tips for Using Your SBI Mini Statement.
When you receive your mini statement, always check the details carefully before you leave the ATM. Make sure that all the information is correct, including the date, time, amount, and type of transaction. If you see any discrepancies, report them to your bank immediately.
Keep Track of Your Transactions.
It is important to keep track of your transactions so that you can spot any fraudulent activity on your account quickly. One way to do this is to match up your mini statement with your own records of transactions. This way, you can easily spot any unauthorized withdrawals or transfers.
Regularly Update Your Security Settings.
To protect yourself from fraudsters, it is important to regularly update your security settings, such as your ATM PIN and online banking password. You should also never share these details with anyone, even if they claim to be from your bank. If you suspect that someone has accessed your account without permission, report it to your bank immediately so that they can investigate and take appropriate action.
Conclusion
The SBI mini statement is a great way to keep track of your transactions and check your account balance. It is quick and easy to access, and it provides increased security and convenience. Use the tips in this blog post to get the most out of your mini-statement and make sure you always check the details carefully.