State Bank of India (SBI) in Germany

One of India’s most trusted banking names working in Germany is the State Bank of India. SBI has been around in Germany since 1965, when it opened as a representative office in Frankfurt. After that, it shifted into a full branch in 1974. Today, SBI operates under the oversight of the German Federal Financial Supervisory Authority, BaFin.

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SBI Frankfurt Branch

This is the only branch of the State Bank of India in Germany. This bank caters to the needs of people living in Frankfurt as well as other parts of Europe, including Scandinavia.

Office Address Mainzer Landstrasse 61, 60329 Frankfurt am Main, Germany
Working Hours Monday to Friday: 9:00 AM to 5:00 PM. Saturday and Sunday: Closed
Phone Number +49 69 27237 0
Fax +49 69 27237 153
Website www.statebank-frankfurt.com
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SBI Bank NRI Services

NRIs staying in Germany may approach or contact the Frankfurt Branch for information about the banking products of NRIs. According to the need, the branch may help the customer directly or refer them to the designated branches of SBI in India.

  • Eligible customers are helped in opening different NRI accounts, including NRE account or an FCNR (B) account in foreign currencies like GBP, USD, EUR, or JPY, at the designated SBI branches in India. The Frankfurt Branch helps in filling out the forms and necessary particulars.
  • The Frankfurt Branch provides information about the NRI banking products of SBI India. Eligible customers may approach the branch for advice regarding the account types and the documents needed.
  • Eligible NRI account holders may avail of various NRI account benefits depending upon the type of account opened by them, which include remittance of funds, interest rates, and internet banking facility, among others.
  • Customers staying in Germany may remit money to India through personal remittances offered by SBI Frankfurt Branch. Remittances to Europe and other countries are also available.
  • SBI Frankfurt also provides term deposits for individuals and corporations, working accounts, and trade finance facilities such as Letters of Credit, bank guarantees, syndication of loans, and bilateral loans.
  • Those who have planned their finances for the future can explore appropriate investment plans depending on their financial objectives.

Learn more about NRI investment options in India and choose those that best align with your financial objectives.

NRI Toll-Free Helpline from Germany

A separate helpline service is provided by SBI Frankfurt for NRIs. The toll-free number available in Germany is: 0800 1830736

The services provided on this helpline are as follows:

  • ATM card services like card features, card blockage, and card troubleshooting
  • Account services like account balance and transaction details
  • Internet banking services like user ID & password, fund transfer, and bill payment
  • Product related queries on NRI deposit & loan products and remittance services
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Conclusion

SBI Frankfurt has been in Germany for more than six decades now. They have been providing services to their retail, corporate, and NRI clients since 1965. Be it for any queries related to remittance, deposits, or any NRI banking assistance, they provide all of that in Frankfurt. The customer can also check out their NRI account features like transferring funds from Germany to India, and even the NRI helpline support. Those who wish to grow their savings can check out the options available through the SBI network in India.

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FAQs

  • 1. Can I open an SBI NRI account in Germany?

    Yes. Qualified customers can approach the Frankfurt office for the forms needed and any further instructions. NRE and FCNR (B) accounts are opened at selected SBI branches in India. It is mandatory to make prior appointments at the Frankfurt branch before proceeding.

  • 2. What types of NRI accounts does SBI have?

    SBI has NRE accounts denominated in Indian Rupees and FCNR (B) accounts in foreign currencies like GBP, USD, EUR, and JPY for qualified NRI clients.

  • 3. Does SBI Germany provide remittance facilities to India?

    Yes. Remittance services to India, Europe and other countries from SBI Frankfurt can be provided for qualified NRI clients at relevant exchange rates and service charges.

  • 4. Where is the SBI branch in Germany?

    The SBI has only one branch in Germany, and that is at Mainzer Landstrasse 61, 60329 Frankfurt am Main, which opens from Monday through Friday on an appointment-only basis. NRIs can also contact the toll-free number 0800 1830736 from Germany.

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*Past 10 Year annualised returns as on 01-09-2026
*All savings plans are provided by the insurer as per the IRDAI approved insurance plan. Tax benefit is subject to changes in tax laws. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
**Returns are based on past 10 years' fund performance data (Fund Data Source: Value Research).
^Returns as on 10th Jan'25. 18% returns for Tata AIA Life Top 200 for the last 10 years.The past performance is not necessarily indicative of future performance. Source: Morningstar

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