Can you tell me in detail about the Features of Khata Plus facility offered by SBI (State Bank of India) as I wants to know it before opening the Account?

Khata Plus enables multiple people in business to access account information anywhere anytime. It is derive an added advantage over others by getting multiple accesses to accounts 24 X 7.

It is a multi user enquiry product meant for firms or institutions banking with multiple branches of SBI.

It provides enquiry facility to multiple users of the organization. Online transactions are not allowed in this product either.

Here accounts opened under several Customer numbers can be mapped to one corporate ID. Also, the corporate Administrator can give discretionary rights to the users to view accounts and download statements.

Role of Administrator is mandatory in Khata Plus. One exercises management control. One creates the other users and provides them access rights to the corporate accounts. One also defines their financial powers to transact on these accounts.

One has the following advantages:

Enquiry rights on the accounts.

Facility to view and download account statement of accounts maintained at any SBI branch.

All the authorized users from the corporate get a complete view of information.

Khata Plus, stay informed.

This facility is available at all the branches of State Bank of India

Features

Multiple users can be given enquiry rights to accounts maintained in various branches
User's access to accounts can be restricted by the Administrator of the Corporate

The authorized users can view and generate statements of the accounts mapped to them

No financial transactions permitted