If you have been hearing a lot about State Bank Of India and you want to know How To Open State Bank Of India then this article is your best choice.
In Singapore, opening a bank account follows the same procedure at almost every bank. However, the process and requirements may vary depending on the bank and the type of account that you may want to create.
See ICICI Bank Loan Facilities And Requirements
Eligibility Criteria for Opening State Bank Of India Account in Singapore
To be able to open a bank account at the State Bank Of India you must meet the following requirements:
- You must be 15 years or older.
- You must have an NRIC
Also, make sure you have :
- A Proof of Residence Verified by a Passport for foreigners or bank statement/utility bills/mobile bills within 3 months etc
- A valid pass (e.g. Employment Pass (EP) for foreigners
- S-Pass or Student Pass for international students
- Visit Pass/Dependent Pass
The NRI accounts at SBI have varying minimum balance requirements depending on the type of account and the location of the branch.
Check out Standard Chartered Bank Account Types And Differences
How To Open State Bank Of India Account at a Bank Branch in Singapore
- You are required to go to the State Bank Of India branch in Singapore that is closest to you.
- After that, let the branch’s teller know that you want to create an account with them.
- And then, you have to complete the application to start an account. (The documents in the eligibility criteria above)
- All you need to do now is select the kind of bank account and know the basic facts.
- That’s all; all you need to do now is send in all the necessary paperwork.
Read Standard Chartered Bank Loan Facilities And Requirements
About State Bank Of India in Singapore
With an offshore banking license, State Bank of India began conducting business in Singapore in 1977.
Part of the larger State Bank of India Group, which is well-known around the world, is SBI Singapore.SBI Singapore offers a range of banking services to its clients in Singapore, including current accounts, savings accounts, term deposits, remittances, and more.
See How To Download And Register For Standard Chartered Bank Mobile App For Android
With an offshore banking license, State Bank of India began conducting business in Singapore in 1977.
5 retail locations, 19 SBI ATMs, and more than 200 ATMs connected to the common ATM5 network around the island are all part of SBI Singapore’s operational network.