Public Sector

State Bank of India (SBI)

The Banker to Every Indian

📍 Mumbai, Maharashtra 📅 Est. 1955 🏢 22,000+ Branches

About SBI

State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market.

🏦 22,000+ Branches
🏧 65,000+ ATMs
👥 2,45,000+ Employees
📱 YONO SBI Mobile App

💵 Savings Account

2.70% Interest Rate

Minimum Balance Requirements

  • Metro/Urban: Rs. 3,000
  • Semi-Urban: Rs. 2,000
  • Rural: Rs. 1,000

BSBD Account Available

Account Features

Free ATM Card Free Internet Banking Free Mobile Banking Passbook Facility Cheque Book

💰 Fixed Deposit (FD) Interest Rates

Tenure Interest Rate
7-45 days 3.50%
46-179 days 5.50%
180-210 days 6.00%
211 days - 1 year 6.50%
1-2 years 7.00%
2-3 years 7.00%
3-5 years 6.50%
5-10 years 6.50%
Senior Citizen Extra +0.50%

* Rates are subject to change. Please verify with the bank before investing.

📈 Recurring Deposit (RD) Interest Rates

Tenure Interest Rate
1 year 6.50%
2 years 7.00%
3 years 7.00%
5 years 6.50%

🏠 Loan Interest Rates

Home Loan

8.50% - 9.65%
Processing: 0.35% + GST Max Tenure: 30 years

Car Loan

8.65% - 9.80%
Processing: 0.50% + GST Max Tenure: 7 years

Personal Loan

11.00% - 14.50%
Processing: 1.50% + GST Max Tenure: 6 years

Education Loan

8.15% - 10.50%
Processing: Nil Max Tenure: 15 years

Gold Loan

8.50% - 9.50%
Processing: 0.50% Max Tenure: 3 years

Loan Against Property

9.10% - 10.25%
Processing: 0.50% + GST Max Tenure: 15 years

💳 Credit Cards

SBI SimplyCLICK

Annual Fee: Rs. 499 10X rewards on online shopping

SBI SimplyLIFE

Annual Fee: Rs. 499 Milestone benefits

SBI BPCL Card

Annual Fee: Rs. 499 13X rewards on fuel

SBI Air India Signature

Annual Fee: Rs. 4,999 Air miles on spends

SBI Elite

Annual Fee: Rs. 4,999 Premium lounge access

📦 Locker Charges & Service Fees

🔐 Locker Annual Rent

  • Small: Rs. 2,000/year
  • Medium: Rs. 4,000/year
  • Large: Rs. 8,000/year
  • Extra Large: Rs. 12,000/year

💸 Service Charges

  • NEFT (Online): Free
  • NEFT (Branch): Rs. 2 - Rs. 25
  • RTGS (Online): Free
  • RTGS (Branch): Rs. 20 - Rs. 50
  • IMPS: Rs. 2.50 - Rs. 25
  • Cheque Book: First 10 leaves free
  • Debit Card Annual: Rs. 125 - Rs. 425
  • SMS Alerts: Rs. 15/quarter
  • Demand Draft: Rs. 25 - Rs. 150

📞 Customer Care Numbers

Toll Free 1800-11-2211
General Helpline 1800-425-3800
NRI Services 1800-11-2211
Credit Card 1800-180-1290
Corporate Banking 1800-425-0101

SWIFT Code: SBININBB

IFSC Format: SBIN0XXXXXX