State Bank of India is a global banking and economic services. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra. As of December 2013, it had capital of US$388 billion with Reserve Bank of India taking a 60% stake. In the commercial year 2012-13, its revenue was INR 200, 560 Crores (US$ 36.9 billion), out of which private operations contributed to 95.35% of revenue. It has 16, 000 branches.
I have my salary account in SBI, when I applied for the card I got my allegation on time. I am very much fulfilled with the the account. Net banking is also working smooth and convenient for me. There are some offer in the cards which was good.
My mother has recommended SBI to open a saving account with them. Since she is govt employee, know all perquisite and details. Hence I am having an account with them past 7 years. Need to maintain a minimal balance of 3K. ATM and branches are near. I use to get all minitiae and update from bank.
I have been property a salary account with SBI approximately 13 yeas. I need to maintain a minimum balance of around 10K. There is some SMS and ATM charges are relivent on quarterly up to 70 rupees. Mobile app is fine to use. ATM and
Branches convocation are good.
