State Bank Of India (SBI)

State bank of India is one of the biggest public sector banks that avails maximum banking and other financial services like saving account, current account, joint saving account, debit card, credit card and several other facilities for user to make facilities much flexible and robust. Bank head office is located in Mumbai. Recently, bank merge with its associate banks including state bank of Travancore, state bank of Bikaner & Jaipur, state bank of Patiala, state bank of Hyderabad, state bank of Mysore and Bharatiya Mahila Bank. Bank not only offers extremely useful facilities for personal banking but corporate sectors too.

State bank of India is globally recognized bank, popular for world class banking facility. Bank is offering its facility apart from India in more than 38 countries and 198 offices. In India, SBI is offering facility for its more than 421 million customers though 59,000 ATM, 24,000 branches, 278,000 employees. Apart from personal and corporate banking, bank offers support and loan facility for agriculture sector to promote modern and technology based agriculture.


List of SBI Non Banking Subsidiaries

SBI General Insurance
SBI Capital Markets Ltd
SBI Life Insurance Company Limited
SBI Funds Management Pvt Ltd
SBI DFHI Ltd
SBI Factors & Commercial Services Pvt Ltd
SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)


Foreign Subsidiaries of State Bank of India

Apart from Indian subsidiaries, to spread its services, associated with following associates,
State Bank of India (Canada) and INMB Bank Ltd, Lagos.
State bank of India International (Mauritius) Ltd.,
State Bank of India (California)


Product and Services that SBI Offers

DOMESTIC TREASURY
SBI NO QUEUE APP FAQ
BROKING SERVICES
SAFE DEPOSIT LOCKER
MICR CODES
AGRICULTURE
NRI SERVICES
REVISED SERVICE CHARGES
ATM SERVICES
INTERNATIONAL BANKING
E-PAY
SME
E-RAIL
FOREIGN INWARD REMITTANCES


Loan Offered by State Bank of India

Tribal -plus scheme.
Credit khazana.
Rent plus.
SBI career loans.
Home loans.
SBI Saral Personal loans.
Easy travel loans.
Gram Nivas scheme.
Car loan.
Loan for earnest money deposits.
Festival loans.
Medi-plus scheme.
Teachers-plus scheme.
Education loans.
Property loans.
Loan to pensioners.
Loan against shares and debentures.


NRI Account Services Offered by SBI

Remittances to India.
NRI home Loans.
Deposits accounts
NRE Savings Bank Account.
Facilities for returning Indians.
Investment schemes for NRI
Tax benefits for NRIs.
Foreign Currency Non-Resident Deposit Accounts.
NRE Term Deposits.
Non-Resident (Ordinary Accounts).
Resident Foreign Currency Accounts.
NRI-Car Loan Schemes.


Mutual Fund by State Bank of India

Mutual Fund is joint venture of SBI and Société Générale Asset Management, one of the biggest finance management companies. As per its major investment record and processing, this is biggest mutual fund facility offering platform. Company raise funds from some major corporate and brings interesting facility.


Offers by SBI Mutual Funds

1. SBI Mutual is the first bank-sponsored fund to launch an offshore fund Resurgent India Opportunities Fund.
2. The fund has investor base of over 3.5 million.
3. The fund has launched 32 schemes and successfully redeemed them with handsome returns.
4. SBI Mutual Fund has consistently met investor's expectations and has emerged as the one of the investment for millions of HNI’s and investors.
5. SBI Mutual Fund manages over INR 16500 crores of assets and has a diverse portfolio of 30 active schemes.
6. State Bank of India Mutual Funds offers services through 26 investor service centers, 28 investor service desks, 100 collection branches and 52 district organizers.


Happy Clients

“ Apply Karoo is one of the best and reliable destination to get Useful information.”

Amitesh Sinha

“User Friendly environment and Easy Information for Users.”

Saurabh

“Here, Getting Credit Cards Information is quite simple.”

Sanjay