• Who can avail the remittance facility?

Any individual account holder of SBI, Maldives, desirous of sending money to a person maintaining an account with any branch of State Bank of India, its Associate banks in India or any other Bank branch with IFSC code (11 digit IFSC code can be obtained from the related bank's branch in India).

• Do I need to open an account with SBI, Male'?

Yes, we are only accepting application for online remittance to India from our account holders for remitting money by debiting their accounts maintained with us

•  What does one have to do to send the money?

Option 1: Login to Yono application and use Yono Remit to send Remittance to India.

Option 2: Fill up the application form 'INR Remittance Application' (available in 'Downloads' section on our Website) and submit it over the branch.

• Can the money be sent to any account in India?

Yes. The money can be transferred to any account with a branch of the State Bank of India, its Associate banks in India or any other bank branch with IFSC code. (other than PPF Account).

•   What details does on have to provide for sending the money?

One must correctly mention the following details in the application form:

• Name of the person who is to receive the money.
• Correct core banking account number of the person receiving the money.
• Name and code number of the State Bank/State Bank of India's Associate Bank's Branch, IFSC code of any other Bank Branch, where the money is to be sent.
• Purpose of sending money and whether amount mentioned includes or excludes charges.
• Sender's Account number.

• What are the charges one has to pay for the facility?

Please visit 'Service Charges and Fee' Page for details.