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5th April 2016, 05:45 PM
Super Moderator
 
Join Date: May 2012
Re: Features of State Bank Of India

As you want I am telling State Bank of India is one of the leading banks in India. this bank has presence all over India with 16,000 branches

State Bank of India Services/features
Banking Subsidiaries
Foreign Subsidiaries
Non- banking Subsidiaries
Joint ventures
Personal Banking
NRI Services
Agriculture
International
Corporate
SME
Domestic Treasury
Term Deposits
Recurring Deposits
Housing Loan
Educational Loan
Personal Loan
For Pensioners
Against Mortgage of Property
Against Shares & Debentures
Plus Scheme
Medi-Plus Scheme
Rates of Interest

SBI NRI Account Opening
State Bank of India NRI Account offers banking services to Indians living outside India


Documents requirements –
Passport copy, Visa / residence permit, 2 photographs and initial money remittance.

Signature verification by anyone of the following - Indian Embassy / consulate, Any person known to the Bank, Notary public and any of SBI foreign offices.

One can open –
NRE Saving Bank a/c / Current Accounts, Fixed Deposits in Indian Rupees, Fixed Deposits in Foreign Currency and NRO accounts (Rupee accounts for crediting income in India).

Further, one can authorize a resident to operate your account through a Power of Attorney or Letter of Authority. Nomination Facility is also available (Nominee can be a resident Indian also).

SBI NRI Account features
Deposits accounts, with following types:
NRE Savings Bank Account.
Foreign Currency Non-Resident Deposit Accounts.
NRE Term Deposits.
Non-Resident (Ordinary Accounts).
Resident Foreign Currency Accounts.
NRI-Car Loan Schemes.
Miscellaneous services like -
Facilities for returning Indians.
Investment schemes for NRI
Tax benefits for NRIs.
Remittances to India.
NRI home Loans.


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