Member FDIC  
Deposit Accounts, New York Branch

Types of Accounts
Why Save With SBI, New York?
Our Location
Business Hours
Whom to Contact
Forms
Protect Yourself Against Identity Theft

Types of Accounts Why Save With SBI, New York?
Here are six of the more important reasons why you should choose SBI, New York to keep your hard earned savings:
  • Very competitive interest rates.
  • Deposits insured by FDIC up to $100,000 per depositor.
  • SBI has been trusted for generations by Indians all over the world to save their money.
  • Personalized and courteous service. We speak your language!
  • Easy transfer of funds to India or elsewhere through SBI’s world-wide network.

Our Location
We are located on the second floor at 460 Park Avenue, which is at the corner of Park Avenue and 57th Street (E) in Manhattan. The nearest subway station is 59th Street and Lexington Avenue which can be reached by train No. 4, 5, 6, N, W and R.

Business Hours
Our business hours are 9 a.m. to 3 p.m. EST Monday through Friday.

Whom to Contact

 
Name Direct Number In addition to English, you can also speak in Fax
Vanmala Kapadia (Supervisor) 212-521-3286 Hindi, Gujarati, Marathi 212-521-3361
Rajan Mathew 212-521-3285 Hindi, Malayalam
Neena Shah 212-521-3287 Hindi, Gujarati
Joseph Mathew 212-521-3281 Malayalam
Geeta 212-521-3284 Hindi, Malayalam
Sooraj Potty
(Asst. Manager)
212-521-3283 Hindi, Malayalam
Email : amdep.nyb@statebank.com
Sai Krishna (Asst. Manager) 212-521-3210 Hindi, Kannada, Marathi
Email : business.nyb@statebank.com



Forms

 
Please read the complete disclosure of account terms and fee schedule in the Customer Manual before applying for an account.

 
Forms For Consumers Form No.    
New Account DEP-1 PDF Word
Certificate of Deposit DEP-CD PDF Word
SBI-Float Deposit DEP-FL PDF Word
SBI-Flex CDs DEP-FX PDF Word
MMD or Checking Account DEP-MC PDF Word
Designation of Beneficiary DoB PDF Word
Remittances RMT-2I PDF Word
Claiming Balance of Deceased Account DAA PDF Word
Indemnity for lost Official Check or Certified Check OCI PDF Word
Check Stop Payment Confirmation and Indemnity SPI PDF Word
Expedited Re-Credit of an Improper Charge of a Substitute Check SCC PDF Word
Intimation of change of address, telephone number, etc. DEP-MOD PDF Word
Account closure DEP-AC PDF Word
Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding W-8BEN PDF  
Option Letter for Interest Rate Reset for SBI-Flex CDs DEP-FX(OL) PDF Word

 
Forms For Non-Consumers (Companies, Firms, Associations, etc.) Form No.    
New Account by Public Limited Companies DEP-2 PDF Word
New Account by All Other Businesses or Organizations DEP-3 PDF Word
Remittances RMT-2C PDF Word
Indemnity for lost Official Check or Certified Check OCI PDF Word
Check Stop Payment Confirmation and Indemnity SPI PDF Word

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IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
 


Protect Yourself Against Identity Theft
Identity theft occurs when someone uses your personal information without your permission to commit fraud or other crimes. Click here for guidance from the Federal Trade Commission on what you should do in the event of an identity theft.

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