State Bank of India, India's biggest Commercial Bank regarding resources, stores, branches, number of clients and workers, appreciates the proceeding with confidence of a large number of clients over the social range.

SBI New York Branch

SBI, the most trusted brand in the managing an account skyline in India, has had a striking nearness for more than 40 years in the US, with its opening New York branch in 1970. The branch is FDIC safeguarded and offers a bundle of administrations to the customers by committed verticals for Corporate Credit, Trade Finance, Deposits and Remittances.

The different concentration territories are as point by point underneath:

Corporate Credit: The branch encourages raising both Fund Based and Non-Fund based obligation in US dollars by corporates through respective and syndicated courses of action.

Store and Remittances: Dedicated groups at the branch take into account both Corporate and Individual customers and offer Deposit Accounts containing Certificate of Deposits, Money Market Deposits and Checking Accounts with offices like ATM cum Debit Cards, Internet Banking and Online Account Opening. Settlement benefits in every significant cash are additionally being advertised.

Exchange Finance: The branch offers creative items on cutting edge stages. The offerings incorporate Letters of Credit, SBLCs, Trade Credits and Multilateral Agency (ECA/MLA) Backed/Partnered Finance.

State Bank of India, New York Branch/Chicago Branch

Remittance Amount
Rupees

Less than $ 2500
64.35 INR

$ 2500 to less than $5000
64.40 INR

$ 5000 to less than $25000
64.45 INR

$ 25000 to less than $100000
64.50 INR

$ 100000 and above
Please call 212 521 3317 for rates

Exchange rate for 10/25/2017 (Updated at 9 am EST)

Currency
Rate

Euro (EUR)
1 EURO = 1.2187 US $

British Pound (GBP) 1 GBP = 1.3711 US $

Bangladesh Taka (BDT)
1 US $ = 77.60 BDT

Nepalese Rupee (NPR)
1 US $ = 102.10 NPR

Sri Lankan Rupee (LKR)
1 US $ = 149.90 LKR

Mauritian Rupee (MUR)
1 US $ = 33.60 MUR