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In today’s world, having a bank account is as common as having a mobile phone. Benefits of having a bank account are great, you can automate paying your bills, get paid by your employer, keep your money safe, and acquire bank statements, mobile banking, online shopping and many more. All of these are provided with a reputable, honest bank company, and make it easy to open an account. With that being said, the tough decision is not whether or not you should open a bank account, it’s who you should open it with, who you trust.

Now, let us take a look at the State Bank of India, and what they have to offer.

Background

State Bank of India is the countries number one choice for premier banking, with over 200 years’ experience and 273 million clients, the company have evolved from the ground up. State Bank of India (sbi) has 18130 numbers of bank branches with in India and cover 7357 City and 1011 District. Established in 1806 as the Bank of Calcutta, it was soon re-desgined under the name of the Bank of Bengal in 1809.  This brought about the first stock-partnership of British India. Fast forward to today, State Bank of India is a multinational bank offering its services all across the world, their slogan “A Global presence you can bank on” illustrates this perfectly. 

International Retail Banking

Currently, there are retail banks established in twenty two countries across the world, reiterating their global presence. Savings accounts, current accounts, deposits, personal loans, mortgage loans all the services you would expect to receive, the prestigious bank that is State Bank of India can provide. There are a vast range of products and offers to choose from, with retail banking… the choice really is yours. Interested in sending and receiving money internationally? Or maybe you need a loan to get your dreams up and running, International Stake Bank of India could be for you.

International Wholesale Banking

Perhaps you need a bank you can trust, for all your business funding and transactions you require. State Bank of India can support your needs with more than satisfactory solutions, with another vast array of products and services to offer you, the bank is interested in helping you succeed. Accompanying you with financial support and their expert knowledge their offers are suited to serve your every need on a worldwide scale, from commercial loans, merchant banking to project export finance. You can be sure to find what you and your business are searching for with State Bank of India.

Services

It is important when choosing a bank to join, that you consider the range of products they can offer you, and whether they will benefit you or are simply of no use. With over 40,000 ATMs in India, State Bank of India offers convenient service fast, with free transactions, you won’t have the worry of being charged to simply access your money. Internet banking removes the limitations of your location and time zone, you can operate your accounts whenever you like, wherever you like.

Is State Bank of India, the bank for you?

I hope by reading this article, you have learnt more about the State Bank of India and what they have to offer. It is now over to you, to make an informative decision… to join or not to join?



IFSC stands for Indian Financial System Code. This is an individual code assigned to banks in India that participate in the 2 main fund transfer systems: the RTGS (Real Time Gross Settlement) and the NEFT (National Electronic Fund Transfer). The purpose of the IFSC is to give unique identification codes to all member banks.

The code has 11 digits. The first 4 digits represent the bank and by alphabet characters. The last 6 digits are for the identification of the branch. The 5th character is a "zero", which is intended for future use.

MICR stands for Magnetic Ink Character Recognition. These are the bar codes that you would normally find at the bottom of your State Bank of India cheque leaves. MICR codes, technically, refer to the process of printing the codes on the cheque leaves.

How to find State Bank of India IFSC code?

  1. Select State Bank of India (sbi) from above drop down menu.
  2. Select your State / Union Territories
  3. Select your District
  4. Select your Branch name


Complete bank branch data you can get like IFSC Code, MICR Code, Branch Name, City, District, State, Address, Contact number of your bank branch.

State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. State Bank of India Founded on July 1, 1955

State Bank of India (SBI) 24x7 Customer Care Toll Free Number

  • 1800 11 2211
  • 1800 425 3800

Toll free numbers are accessible from all landlines and mobile phones in the country.

Other Number 080-26599990.

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