State Bank Buddy Mobile Wallet to Send and Receive Money

Nitin Walthare
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State bank of India Buddy Wallet app
In this article, I tell you about state bank buddy mobile wallet to send and receive money.


State bank of India which is one of the largest banks in India launched the state bank of India buddy app in august 2016. This app is available in 13 languages and is powered by Accenture and Mastercard.

These 13 languages are Assamese, Bengali, English, Gujarati, Hindi, Kannada, Malayalam, Marathi, Oriya, Punjabi, Tamil, Telugu, and Urdu.

State bank buddy is a wallet where customers can send and receive money and also transfer money to the bank account.

How to Download State Bank of India Buddy Mobile Wallet App -

1.Go to the play store and app store from your phone.
2.Search the state bank buddy app there.
3.Click on the install button
4.Your app is installed on your phone shortly.

How to Register State Bank of India Buddy Mobile Wallet App -

Registering is quite simple, Just enter a valid phone number and email ID or you can also register this app with a Facebook account.

Enter the following details in SBI Buddy App to Register -
  • Mobile Number
  • Email ID
  • PIN
  • OTP
  • First and Last Name
  • Date of Birth
  • Security Question
After registration sign in to your account with a PIN and you can add money to the wallet through a Credit card, Debit card, and Net Banking.

Important - Never share your OTP, Mobile Number, PIN, and other information with anyone.

You can easily transfer money to anyone with this app anytime and anywhere. The money transferred to another bank account in real-time. Select the contact and enter the amount want to transfer, enter your PIN and your money is sent.


Apart from that user can also be asked for money from the contacts. When the user places a request for money, then the app will give a notification instantly.

Recharging your phone or paying bills is simple with an SBI buddy. Users can also book a Ticket or Hotel in the app.

Buying a movie ticket is also easy with the SBI Buddy app. Login to your buddy app and book your favorite movie ticket.

Tracking transactions is also very simple with the State bank of India Buddy app. Users can track up to 25 wallet transactions and also pending payments.

In case the user lost his/her phone then there is the facility to close your buddy account with the help of customer care. But the condition is that there is no balance in your SBI buddy wallet.

If you are done with the KYC of your Buddy Wallet then you are eligible for more benefits. These benefits are -

1.The Maximum balance for the non-KYC users is 20,000 Rs. and for KYC users is 50,000 Rs.
2.The limit through the debit card for non-kyc users is 5000 Rs. for Visa/Mastercard and 2000 Rs. for Rupay card. For KYC users it is 10,000 Rs.
3.Total reload in a month for non-KYC users is 20,000 Rs. and for Full KYC users is 100000 Rs.
4.The limit to top up through any channel per transaction for non-KYC users is 20,000 Rs. and for KYC users is 50,000 Rs.
5.Merchant and fund transfer transactions daily and monthly limit for non-KYC users is 15,000 Rs. and 20,000 Rs. respectively. For KYC user, it is 50,000 Rs and 1,00,000 Rs. respectively.
6.Per transaction lime, the daily limit and monthly limit for non-KYC users is 2,000 Rs, 2000 Rs., and 20,000 Rs. Respectively. For KYC users it is 5,000 Rs, 5,000 Rs, and 25,000 Rs. respectively.

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