SBI CIF Number: Over the years, the banking sector in India has seen a huge change ever since the invention of internet banking has. All the banks present in the country taking State Bank of India into consideration, have seen this transformation which has led to a greater improvement in the services provided to the customers.
One of the key aspects of modern banking services is CIF which is the short-form for customer information file. It is a unique number that is linked to a computerized file that holds the entire bank customer’s personal as well as account-related information. This number holds such importance because it allows the bank to view the accounts of the customer, including key information such as account ownership and credit relationships. The task of the bank is to update the CIF on a day-to-day basis so that the accuracy is maintained and all the data fed is consistent. CIF also includes some additional information of its customers including account types held by him and the balance as well as transactions taking place in these accounts. One needs to provide the CIF Number to transfer bank account from one branch to another.
The steps of the online method include:
You need to log in to the website of SBI.
Choose the account statement along with any two dates.
Account summary page will appear in front of you and will display your CIF Number, IFSC code, MICR code and other details.
You can come across your CIF Number in the financial balance statement.