Hi there @kunalparikh!
This is a common question asked by Steemians, so it looks like you've gotten a few good answers so far. However, there is another alternative if you are familiar with desktop wallets for other cryptocurrencies.
Steemit user @jesta has created Vessel, a desktop wallet for Steemit that makes moving your STEEM and SBD even easier than the online interface. It can also manage your account, perform delegations, and has plenty of other features.
Let me know if you have any questions!