The fact that one of the most powerful banks in the world is found right here in Fremont, California, should tell you a lot about this city. This bank offers a range of services that can be highly personalized to meet your needs, and they are committed to giving their members the best of everything they have to offer.
Located in the Raley’s Shopping Center at 39148 Paseo Padre Parkway, this is the second branch in the Bay Area and the tenth in the United States. Navdeep Sood runs the Fremont branch, wearing the Vice President title. Bankrate.com has ranked it four stars, indicating that it offers a sound financial condition. It is fully owned by the State Bank of India and provides a gateway for individuals to send money back home.
The Original State Bank of India
The State Bank of India is the only Indian Bank that has been listed on the Fortune 500 list. it is India’s oldest bank yet it not only keeps up with trends, it forges ahead with innovative banking models and cutting edge technology, which is exactly what you appreciate at the Fremont, California branches.
Today, the State Bank of India arranges more external commercial borrowings and provides more infrastructure debt than any other bank in the country. It focuses on wholesale banking capabilities to provide corporations with a premium selection of services and products. Opening the California branches is a brilliant example of their well thought-out growth.
When members pay smaller exchange rates and money transfer fees, they are more likely to send more money, which is good news for India’s economy.
- NRI – Non Resident Indians deposit referral services are offered to several states of India. These deposits are held according to rules and are not insured by the CIDC, FDIC or any alternative deposit corporation that is outside of India. Various deposits are offered, and the fact that the US dollar qualifies for a denominator fixed deposit is very attractive to many. Deposits can also be maintained in Euro or pound sterling.
- Money Transfer – This is the most popular service at the State Bank of India California. What’s so special about them is that Rupee drafts over RS 50,000 are free! Branches offer instant transfer to the beneficiary’s account in India. Wire transfers are also available.
- Remote Deposit Capture – Once again, the bank shows how far ahead of the times they are. If you have a check, there is no need to go into the branch to deposit. All you need is a personal computer and a scanner. The check image is captured by the Remote Deposit Capture service. It endorses the check with the appropriate account; it couldn’t be easier!
The State Bank of India in Fremont, California works to ensure that each and every applicant is treated equitably and fairly. All employees undergo training on a regular basis and are monitored to ensure customers are treated with respect consistently. The bank is looking forward to moving forward, taking all employees and customers on an exciting journey of transformation.
Share and Enjoy
Posted In: EHR News
No comments yet.