Introduction
State Bank of India (SBI), the largest commercial bank in India, has a strong presence in Singapore. With 15 branches across the island nation, SBI offers a wide range of banking services to the Indian diaspora and other customers.
SBI’s Branch Network in Singapore
SBI has a network of 15 branches in Singapore, strategically located in major business and residential areas. The branches are equipped with state-of-the-art facilities and offer a full suite of banking services.
| Branch | Address |
|---|---|
| Main Branch | 21 Collyer Quay #01-01 |
| Bugis Branch | 200 Victoria Street #01-28 |
| Chinatown Branch | 201 South Bridge Road #01-02 |
| Clarke Quay Branch | 3 River Valley Road #01-01 |
| Gold Coast Branch | 260 Orchard Road #01-02 |
| HarbourFront Branch | 1 HarbourFront Avenue #02-82 |
| Jurong East Branch | 2 Jurong East Central 1 #02-12 |
| Little India Branch | 140 Serangoon Road #01-26 |
| Orchard Road Branch | 300 Orchard Road #01-10 |
| Outram Park Branch | 100 Tras Street #01-08 |
| Plaza Singapura Branch | 68 Orchard Road #B2-07 |
| Raffles Place Branch | 50 Raffles Place #02-06 |
| Tampines Branch | 18 Tampines Industrial Avenue 1 #01-02 |
| Tanjong Pagar Branch | 10 Anson Road #01-11 |
| Woodlands Branch | 3 Woodlands Square #01-09 |
Services Offered by SBI in Singapore
SBI offers a wide range of banking services in Singapore, including:
- Personal banking: Savings accounts, current accounts, fixed deposits, loans, and credit cards
- Business banking: Corporate accounts, trade finance, working capital loans, and investment banking
- NRI banking: Special accounts and services for non-resident Indians
- Remittances: Fast and secure money transfers to India and other countries
Advantages of Banking with SBI in Singapore
There are several advantages to banking with SBI in Singapore:
- Strong financial position: SBI is one of the largest and most stable banks in the world, with a strong financial position and a high credit rating.
- Wide branch network: SBI has a network of 15 branches in Singapore, conveniently located in major business and residential areas.
- Full range of services: SBI offers a full range of banking services, including personal banking, business banking, NRI banking, and remittances.
- Competitive rates: SBI offers competitive interest rates on deposits and loans.
- Reliable customer service: SBI has a team of experienced and professional customer service representatives who are available to assist customers with their banking needs.
SBI’s Vision for 2025
SBI is committed to providing the best possible banking experience to its customers in Singapore. As part of its 2025 vision, SBI is investing in innovative technologies and expanding its product offerings to meet the changing needs of its customers.
SBI is also focused on building a sustainable future. The bank has pledged to reduce its carbon footprint and promote green banking practices.
Conclusion
SBI is a leading provider of banking services in Singapore. With its strong financial position, wide branch network, full range of services, and competitive rates, SBI is the preferred choice for many Indian expatriates and other customers in Singapore.
As SBI continues to invest in innovation and sustainability, the bank is well-positioned to continue to be a leading provider of banking services in Singapore for many years to come.
