SBI in the USA

State Bank of India has a long-standing presence in the USA, which provides a wide range of banking and financial services to customers. The bank caters to NRIs, people of Indian origin living in the US and US customers who need banking services, remittance help and investment-related support.

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SBI Branches and Offices in the USA

SBI has three direct branches and one representative office in the USA and also a separately chartered subsidiary known as State Bank of India (California).

SBI New York Branch Address

This branch of SBI serves as the main branch of SBI in the USA. It provides retail and corporate banking, NRI banking services, remittance facilities, trade finance, and account facilities.

Office Address 425 Park Avenue, 39th Floor, New York, NY 10022
Working Hours Monday to Friday: 9 AM to 4 PM. Saturday and Sunday: Closed
Phone Number +1 212 521 3200
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SBI Chicago Branch Address

This branch provides banking facilities to NRIs, individuals, and companies. They provide remittance facilities, account facilities, trade finance, and other kinds of banking services.

Office Address 200 N La Salle Street, Suite 500, Chicago, IL 60601
Working Hours Monday to Friday: 9 AM to 4 PM. Saturday and Sunday: Closed
Phone Number +1 312 621 1200

SBI Los Angeles Wholesale Banking Branch Address

The LA Wholesale Banking Branch mainly caters to corporate and institutional customers. The services provided by the LA branch include wholesale banking, trade finance, and business banking, but not retail banking services.

Office Address 707 Wilshire Blvd, 39th Floor, Suite 3900, Los Angeles, CA 90017
Working Hours Monday to Friday: 9 AM to 5 PM. Saturday and Sunday: Closed
Phone Number +1 213 542 3550
Fax +1 213-622-2069 / 213-612-999
Email ceo.laa@statebank.com

Note: Services provided may vary across branches. To know the exact services provided in each branch, customers can directly confirm by going to the website and checking the information for the location.

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SBI Bank NRI Services

SBI in the USA helps NRIs stay connected to India through a wide range of services. NRIs are able to start an NRI account via the New York, Chicago, or Los Angeles branches, or they can apply online.

  • SBI gives NRE and NRO accounts for people based in the USA. These accounts are opened, kept, and maintained by SBI branches located in India.
  • Customers may also take a look at NRI investment options in India to meet their financial goals and requirements.
  • The bank offers several NRI account benefits like money transfers into India, along with deposit accounts and trade finance for corporate depositors.
  • NRIs can enjoy competitive exchange rates when transferring money from dollars to rupees.
  • NRI accounts are opened and maintained in India following the rules set by the Reserve Bank of India, not the USA banking regulations.

Conclusion

SBI in the USA makes banking and remittances more convenient for NRIs and the Indian community overall. The bank, with its huge network in many countries, can accommodate various financial goals successfully. Customers can visit SBI branches in the USA regarding any enquiries of their NRI accounts or other investment plans.

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FAQs

  • 1. Does the State Bank of India have branches in the USA?

    Yes. SBI operates direct branches in New York, Chicago and Los Angeles, and also keeps a representative office in Washington DC.
  • 2. Is State Bank of India (California) the same as SBI's branches in New York or Chicago?

    No, SBI California is a separately chartered FDIC-insured subsidiary, distinct from SBI direct branches, and it is not the same.
  • 3. Can NRIs open an account at any SBI office in the USA?

    NRO and NRE accounts are available in SBI branches in New York, Chicago or Los Angeles but the accounts are maintained by SBI in India.
  • 4. How can NRIs in the USA contact SBI for help?

    For account related queries, NRIs can visit the nearest branch directly or use SBI’s NRI customer service channel.
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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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