MAXGAIN OD account transaction rights.

POSTED BY Sanat Suhane ON February 9, 2013 10:20 pm COMMENTS (15)

Hi,

I’ve availaed SBI MaxGain loan and I can see the the OD account is appearing linked to SBI SB A/C id, both are belong to same Branch,CIF & MICR . I was told that the i can transfer funds to and FROM the OD account.

I still don’t see the OD account appearing the list of accounts that I can transfer funds FROM. I’m able to ONLY transfer funds TO the OD Account. As per branch Manager he has activated the transaction rights of my OD account. 

Please let us know How many day’s it will take for activation ??

 

Thanks//

Sanat Suhane

15 replies on this article “MAXGAIN OD account transaction rights.”

  1. Vinay says:
    July 13, 2017 at 9:31 pm

    You can get transaction rights easily by clicking on e-services and in left panel click upgrade access level and can set “full transaction rights”

    Reply
    1. Manish Chauhan says:
      August 9, 2017 at 4:35 pm

      Thanks for your comment Vinay

      Reply
    2. Sourabh says:
      May 6, 2022 at 10:45 am

      Thanks for the comment. Just a correction- Instead of e-services, one need to go to ‘Request & Enquiries’ tab.

      Reply
  2. meganathan says:
    April 6, 2017 at 11:07 am

    I can see the the OD account is appearing linked to SBI SB A/C id, both are belong to same Branch,CIF & MICR . I was told that the i can transfer funds to and FROM the OD account.

    I still don’t see the OD account appearing the list of accounts that I can transfer funds FROM. I’m able to ONLY transfer funds TO the OD Account. how to activate in online

    Reply
    1. Manish Chauhan says:
      April 6, 2017 at 12:16 pm

      Hi meganathan

      This is very specific query which you should follow up with the concerned authority only. We wont be able to comment on that

      Manish

      Reply
  3. Archan Pagedar says:
    February 23, 2017 at 5:08 pm

    Hi Ashal,

    I have SBI Max Gain account and my Home loan is fully disbursed. Now I want to take transaction rights for this account. Can I know how I can get it. Thanks.

    Reply
  4. Ashal Jauhari says:
    April 2, 2013 at 2:04 pm

    Dear Sanat, if possible to you, please pay out the O/s balance of Surksha acct & close it to save on interest cost against the prem. paid for the insurance policy.

    thanks

    Ashal

    Reply
  5. Sanat Suhane says:
    April 2, 2013 at 1:57 pm

    Hello Ashal,

    It’s observed every month whenever I am transferring some amount from SB account to MAX GAIN OD account; automatically 464 rupees are debating to MAX GAIN Suraksha account & rest of Money will be Deposit to MY OD account.

    For Ex If I transfer the 10000 Rs from SB to OD Account by Fund Transfer.

    Then the amounts will be deposit as follow:-

    SB account : 10000/- Withdrawal.

    MAX GAIN ACCOUNT:- 9536/- Deposit.

    MAX GAIN SURAKSHA:- 464/- Deposit.

    It is happening every month(Since beginning) at once, and the 464/- amount is FIX that will Deposit to MAX GAIN SURAKSHA Account automatically while I am doing Fund Transfer from SB to OD account.

    Please let me know Is it any wrong Formula ?? Or why It is happening…

    Note:-

    I’ve taken the Loan (Including HOME LOAN & SURAKSHA) of Amount 19,81000/-

    Where 19,33000/- for Home LOAN.
    48000/- for HOME SURAKSHA

    Thanks//
    Sanat Suhane

    Reply
  6. Sanat Suhane says:
    February 10, 2013 at 1:42 pm

    Thank You very much Ashal…. 🙂

    Reply
  7. Sanat Suhane says:
    February 10, 2013 at 1:29 pm

    Thanks Asnal,

    Now It had automatically activated after 24 Hours, Now I am able to do the transaction from/to OD account as well.

    I am having few more queries –

    1. Shall we take the debit card for OD account as well ?? Since I am having both SB & OD account in same branch so is it possible to Issue the One debit card for both the account ?? as primary & secondary ?? and whether I’ll be able to withdraw the money from OD account as well from single debit card ??

    2. The SIP scheme is Possible from OD account ?? for MF’s

    Thanks//
    Sanat Suhane

    Reply
    1. Ashal Jauhari says:
      February 10, 2013 at 1:38 pm

      Dear Sanat, please ask your branch manager to link your existing debt card with MG acct. also. While withdrawing cash from ATM, you w’d have to chose between SB & current account. Now you are already aware that MG acct. is a current account.

      Yes you can enroll for SIPs & also Ins. prem. pay out, Utility bills pay out, Credit card bills pay out from your MG acct.

      Thanks

      Ashal

      Reply
  8. Ashal Jauhari says:
    February 10, 2013 at 10:37 am

    dear Sanat, please contact your branch manager & inform him the problem you are facing. if He is unable to solve it, please contact RACPC of your city.

    Thanks

    Ashal

    Reply
  9. Sanat Suhane says:
    February 10, 2013 at 8:47 am

    Dear Ashal,

    Yes Full disbursal and Mortgage both has been completed.

    Thanks//
    Sanat Suhahe

    Reply
  10. Ashal Jauhari says:
    February 9, 2013 at 10:57 pm

    Dear Sanat, have you availed full disbursal or not? Please confirm.

    Thanks

    Ashal

    Reply
    1. Prabhakar says:
      November 10, 2015 at 2:18 am

      I have Transferred 2Lakhs from SB Account to OD account and when i see balance in my OD account it shows 1,71,445/- and i have i dint prevail Insurance (Max Gain Suraksha) and i took waiver for that.But i am concerned about the remaining amount.Please let me know if there is some mystery.I took loan of 22Lakhs.

      Reply

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