Feb 09, 2016 04:41 PM
1952 Views
State bank of India is a very old bank and has branches all over India. It acts a Reserve Bank of India to may remote areas where there RBI cannot open there operations. State bank of India is into banking system for a quiet long period of time and it has also diversified in Insurance sector by opening SBI general Insurance.
State bank of India provides various loans to its customer at a competitive rates.
I have opened SBI account since 2000 and satisfied with its services. I had availed education loan from SBI at a very discounted rate of interest. There was not paper work done by SBI to avail education loan.
Internet facility of SBI is good as you can easily transfer funds and reports at a nick of time.
Sales tax payments, TDS payments can be done though online and with ease.
Now with technology playing an important role in banking sector it has provided many facilities to customer like passbook printing, cash deposit machine, mobile banking and various other facilities.
SBI has its various subsidiaries like state bank of bikaner and jaipur, state bank of Hyderabad and various others.
