SBI Bank in Saudi Arabia

State Bank of India (SBI) is the biggest public sector bank of India, operating in several countries, including Saudi Arabia. The bank offers a variety of banking solutions to individuals, businesses and Non-Resident Indians (NRIs). SBI provides customers easy access to various NRI account benefits and convenient management of their banking needs through its branch in Saudi Arabia and dedicated NRI banking channels.

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SBI Bank Saudi Arabia Branch

SBI has one branch in Saudi Arabia, based in Jeddah. Customers may visit the branch for banking services and NRI banking-related enquiries.

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SBI Bank Address Jeddah

The SBI branch in Jeddah, Saudi Arabia, offers banking assistance and information about the bank’s products and services to customers in Saudi Arabia.

Particulars Details
Office Address Al-Andalus Plaza, Sitteen Street, P.O. Box 55707, Jeddah 21544, Kingdom of Saudi Arabia
Telephone +966 12 668 0122*

*Customers may also contact SBI through its international toll-free customer care number for Saudi Arabia: 800-814-4209 for NRI-related assistance.

Note: SBI operates a full-service branch in Jeddah. Customers are advised to visit the branch or SBI Customer Care for the availability of specific banking services.

SBI Bank NRI Services

SBI provides various banking solutions for NRIs residing in Saudi Arabia. Information and assistance are available at the Jeddah branch or through SBI’s online NRI banking platform. Some of the essential NRI services are:

  • NRI account opening process, including NRE, NRO and FCNR (B) accounts, subject to eligibility.
  • Services for remittance of funds to India, domestic as well as international.
  • Internet and mobile banking facilities to help you manage your account conveniently.
  • NRI Fixed Deposits and facility to invest in eligible investment products under current guidelines.
  • Information on different NRI account benefits, including fund transfers, digital banking and availability of banking services in India.
  • Exclusive NRI banking services to help you with NRI investment plans in India.
  • An online application facility to open an NRI account on submission of required documents as per the guidelines of the bank.
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Conclusion

SBI’s Saudi Arabia branch offers convenient banking support to individuals and NRIs living in the Kingdom. SBI has dedicated NRI banking solutions when it comes to opening an NRI account, sending money to India or finding suitable investment plans. For further assistance, customers can visit the Jeddah branch or use SBI’s online banking services.

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FAQs

  • 1. Is there any SBI branch in Saudi Arabia?

    Yes. SBI has a full service branch in Jeddah, Saudi Arabia and provides banking services to NRIs, individuals and businesses.
  • 2. What type of accounts does SBI provide to NRIs?

    Depending upon the banking needs of qualified NRIs, SBI provides them with accounts like NRE, NRO and FCNR (B).
  • 3. How can I contact SBI from Saudi Arabia?

    Customers may contact SBI through the international toll-free number of the customer care: 800-814-4209 or visit the SBI branch located in Jeddah for banking enquiries.
  • 4. Can I open an SBI NRI account in Saudi Arabia?

    NRI accounts are available for opening to eligible individuals through the SBI official website by filling out application forms and submitting documents.
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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in

*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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