Welcome to our new domain: sbical.bank. Please update your bookmarks accordingly.

Open NRA Accounts Online

For Indian residents moving to the US, you can now easily manage your US finances through our Global Start and Global Student Checking Accounts. These accounts also allow you to send international remittances with zero transfer fees and competitive rates.

NRA BANKING SERVICES

Global Checking Accounts at SBIC

Opening US deposit accounts from India just got easier with SBIC:

Global Start Checking

  • Ideal for working professionals relocating to the US for work (e.g., H1-B visa holders, skilled immigrants)
  • No opening balance requirements or monthly maintenance fee & unlimited monthly transactions
  • Online & Mobile Banking, Online Bill Pay and Direct Deposits included
  • Remittance Services available so you can easily send money back home

Global Student Checking

  • Perfect for Indian students coming to the US for higher education studies (e.g., F-1 visa holders)
  • No opening balance requirements or monthly maintenance fee & unlimited monthly transactions
  • Online & Mobile Banking and Online Bill Pay also included
  • Remittance Services included
Required Documents

What is Required to Open an Account?

Applicants must provide the following scanned documents at the time of digital online application which will be captured in the online account opening platform.

For Both Accounts:

  • Valid Passport & Visa
  • PAN Card
  • Aadhaar Card (UID)

Additional for Professional Account:

  • Letter of Employment Confirmation from US Employer

Additional for Student Account:

  • Admission Letter or Enrollment Confirmation from College/University

Open An Account

SBIC ADVANTAGE

Benefits of Banking with SBI California

Banking with SBI California gives non-residents access to:

Dedicated NRA Banking Services
Dedicated NRA Banking Services

Personalized support tailored to Non-Resident individuals from India

Secure Digital Banking
Secure Digital Banking

Manage accounts online, anytime.

Seamless Global Transfers
Seamless Global Transfers

Fast and affordable money transfers to India

Global Access
Global Access

Withdraw and transact funds across international locations.

Account Details

Additional Account Services

Services and specifications for both accounts are listed below.

Account Services
Global Start Checking
Global Student Checking
Opening Balance Requirement
None
None
Monthly Transaction Item Limit
Unlimited
Unlimited
Basic Transaction Over Limit Fee
None
None
Other Fee Requirement
None
None
Interest Paid
No
No
Service Charge Waiver Conditions
No Monthly Balance Requirement
No Monthly Balance Requirement
Monthly Maintenance Fee
None
None
Paper Statement Fee
E-statement only
E-statement only
E-statement Fee
Free with automatic enrollment
Free with automatic enrollment
Online Banking & Other Services
Online & Mobile BankingIncludedIncluded
Online Bill PayIncluded Included
Direct DepositsIncludedIncluded
E-statementsIncludedIncluded
Debit CardAvailable upon arrival to US
Available upon arrival to US
Online Remittance
YesYes
In-Branch Remittance
YesYes
Check ImagingIncludedIncluded
Check EnclosureN/AN/A
Check OrdersAvailable with Check Printing Charges and upon arrival to the USAvailable with Check Printing Charges and upon arrival to the US
Check WritingAvailable upon arrival to US
Available upon arrival to US
Official ChecksAvailable with fee and upon arrival to US
Available with fee and upon arrival to US
Overdraft ProtectionN/AN/A
Overdraft/Returned Item FeeNoneNone
ATM FeesRebate on domestic/foreign ATM surcharges (up to 5 transactions per month)Rebate on domestic/foreign ATM surcharges (up to 5 transactions per month)
Safe Deposit BoxesAvailable by visiting a BranchAvailable by visiting a Branch
NRI ServicesAvailable with feesAvailable with fees
Incoming/Outgoing Wire FeeWaived during the 1st year of account openingWaived during the 1st year of account opening
Stop Payment Fee$10.00$10.00
Zelle/People Pay (P2P) Payment
Included
Included
Other Features
  • Account opening is allowed up to 90 days prior to arrival in the US
  • US Address Flexibility (Temp or Employer provided, or existing address in India to be captured)
  • Proof of US address to be submitted within 120 days of account opening
  • Account opening is allowed up to 90 days prior to arrival in the US
  • US Address Flexibility (Temp or Employer provided, or existing address in India to be captured)
  • Proof of US address to be submitted within 120 days of account opening
MONEY TRANSFER SERVICES

Remittance and International Transfer Options

Transferring money from the U.S. to India has never been easier. SBI California offers:

Instant Wire Transfers

Fast, secure transfers to/from anywhere in the world.

Learn More

Mobile & Online Remittance

Send money using our online banking or mobile NRA banking services.

Learn More

Competitive Exchange Rates

Get the best value when sending funds internationally.

Learn More

Easy Remittances

Set up automatic remittances for hassle-free transactions.

Learn More

These deposits are not insured by the FDIC, or any deposit corporation outside India. These are not obligations of State Bank of India or its subsidiary offices in the USA and there is no recourse against State Bank of India branches, or its subsidiaries located outside India.

For interest rates and other information on the above deposits, please visit bank.sbi.

Please visit SBI NRI Services, the State Bank of India NRI portal, to view the details of various banking facilities offered by State Bank of India to NRIs.