Business Details
44 Years
experience
Your Trusted California Banking Partner
Founded in 1982 as a California State Chartered Bank, State Bank Of India operates with a strong foundation of trust and excellence. As a subsidiary of the State Bank of India, India's largest bank and a Fortune 500 company, we bring global strength to the U.S. financial landscape. Our services span personal and business banking, remittance solutions, high-yield products, and secure online banking, supported by seven strategically located branches across California. With over 22,500 branches in India and a presence in 36 countries, our extensive network facilitates seamless cross-border banking. We prioritize personalized solutions, ethical practices, and community empowerment through initiatives in education, housing, and economic development.Our commitment to transparency, advanced security features, and multilingual staff ensures a trusted banking experience for diverse communities. Backed by FDIC insurance up to $250,000 per depositor, we deliver reliable financial tools tailored to individual and business needs. Our Virtual Branch platform offers 24/7 account management, fund transfers, and expert support, combining convenience with robust security protocols. Recognized for our client-centric philosophy, we foster relationships built on trust, innovation, and cultural respect. With decades of collective expertise, our leadership team ensures accountable decision-making and value-added customer experiences, positioning us as a go-to bank for multiethnic communities.
Services
Personal Checking
Business Checking
Certificate of Deposit
Online Banking
International Remittances
Business Loans
Safe Deposit Boxes
Mobile Banking
Wire Transfers
NRI Services
Details
- Year established: 1982
Highlights and features
- We offer 40+ years of banking expertise as an SBI subsidiary with global reach.
- Our Virtual Branch provides 24/7 secure account management and expert support.
- Multilingual staff fluent in English, Hindi, Punjabi, and Indian languages available.
- FDIC-insured accounts protect deposits up to $250,000 per depositor.
- Specialized NRI services and life certificate attestation at select branches.
Associations and certifications
- FDIC
What people say
Highly courteous staff
Opened account in 20 minutes
Excellent remittance service
Prompt service
Very helpful
Services
Personal Checking
Our Personal Checking Accounts provide tailored financial solutions for individual needs. With options like Easy Checking, Senior Checking, and Student Checking, we offer features including debit cards, unlimited transactions, and online bill pay. These accounts combine flexibility with security, supporting everyday financial management while maintaining FDIC insurance protection up to $250,000.
International Remittances
SendMoneyEZ enables secure, low-cost international transfers with real-time notifications and same-day processing. Our Remittance Registration Account simplifies frequent India-bound transfers, offering competitive exchange rates and transparent fee structures. With branch and online options, we accommodate daily limits up to $50,000 for branch-opened accounts, ensuring reliable cross-border financial solutions.
Business Banking
Quantum Business Checking and specialized lending products address corporate financial needs. Services include business loans, treasury management, international trade finance, and receivables/payables solutions. Our business accounts feature exclusive tools for cash flow management, supported by dedicated relationship managers and FDIC-insured protection for commercial deposits.
Online Banking
24/7 online and mobile banking platforms enable account management from anywhere. Features include balance checks, fund transfers, bill payments, and secure messaging. The Virtual Branch offers video appointments for account opening and personalized guidance, combining convenience with advanced encryption technology to protect digital transactions and user data.
Certificate of Deposit
CDs provide low-risk investment opportunities with fixed interest rates for specified terms. Available for both personal and business clients, these instruments help achieve financial goals through predictable returns. Our CD calculator assists in projecting earnings based on initial deposits, term lengths, and compounding frequencies, ensuring transparent investment planning.
Questions
What personal banking services do you offer?
We provide checking accounts, savings accounts, certificates of deposit, debit/credit cards, and online banking tools for personal financial management.
How can I open a business account?
Visit any branch with government ID, proof of address, and EIN. Our Quantum Business Checking offers specialized tools for corporate financial management.
Do you offer international money transfer services?
Yes, our SendMoneyEZ service enables fast, affordable transfers to India with competitive exchange rates and zero transfer fees for online transactions.
Are your branches accessible on weekends?
Cerritos, Sunnyvale, and Fremont branches offer Saturday hours from 9:00 AM to 1:00 PM for customer convenience.
What security measures protect my accounts?
We employ advanced encryption, multi-factor authentication, and FDIC insurance up to $250,000 per depositor for comprehensive account protection.
Can I access banking services remotely?
Our Virtual Branch provides 24/7 online account management, video consultations, and secure mobile banking features for remote financial access.
