The State Bank of India (SBI) is India’s largest public sector bank, boasting a total asset base of 3.72 trillion rupees. SBI offers a wide range of services to cater to all types of clients, and following a recent merger, its asset base has grown significantly.
As India continues to emphasize the importance of digitization, SBI has launched an online portal called TCRN, which stands for Temporary Customer Reference Number. This initiative eliminates customers needing to visit a bank branch to open an account physically.
What is TCRN And TARN
To open an account through TCRN, customers can simply log on to SBI’s website and fill in their details. Once the details are submitted, a pre-filled form can be printed and sent to the bank. The customer is then assigned a TCRN and TARN, which function as application numbers.
When you apply for a new bank account using SBI’s online portal and submit your application, you will receive a Temporary Application Reference Number (TARN) via SMS on your registered mobile number. If you don’t receive the SMS, you must fill in the details again to generate a new TARN.
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To keep track of your application status, you can use the Temporary Customer Reference Number (TCRN) provided by SBI. Once your account is fully operational, the TCRN is no longer required, and you will be given an account number and customer ID.
TCRN and TARN are just numbers that assist you in monitoring the progress of your new account opening application with SBI’s online portal.