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Deposit Accounts, New York Branch
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Why Save With SBI, New York?Click Here +
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 $250,000 (with effect from October 3, 2008) 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.
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Our Location Click Here +
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, Q and R.
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Business Hours Click Here +
Our business hours are 9 a.m. to 4 p.m. EST Monday through Friday. (Cash Services available from 9 a.m. to 3 p.m. only)
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Whom to Contact Click Here +

Deposits section Call: 212-521-3219 / 3286 Email: amdep.nyb@statebank.com avpdrs.nyb@statebank.com
Remittances section Call: 212-521-3236 / 3317 Email:
remit.nyb@statebank.com avpdrs.nyb@statebank.com
For queries related to accounts with SBI branches in India Call: 212 521 3210
24/7 Toll free number:
1 866 328 4209
Email: business.nyb@statebank.com
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Forms Click Here +
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. Formats Available
New Account DEP-1 PDF
Certificate of Deposit DEP-CD PDF
MMD or Checking Account DEP-MC PDF
Consumer Debit Card Application & Agreement DEBIT CARD PDF
Designation of Beneficiary DoB PDF
Remittances RMT-2I PDF
Claiming Balance of Deceased Account DAA PDF
Indemnity for lost Official Check or Certified Check OCI PDF
Check Stop Payment Confirmation and Indemnity SPI PDF
Expedited Re-Credit of an Improper Charge of a Substitute Check SCC PDF
Intimation of change of address, telephone number, etc. DEP-MOD PDF
Account closure DEP-AC PDF
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


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