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State Bank of India (SBI) Mumbai branches, phone, address Contact State Bank of India (SBI) in Mumbai, Maharashtra. Below you will find the telephone and address of the State Bank of India branches in Mumbai. The Swift and IFSC codes are also given. You can reach the contact for new accounts, deposits or other inquiries on State Bank of India products. State Bank of India Mumbai Branch Name: ANDHERI EAST ZIP Code: 539 Address: M V STREET, ANDHERI (EAST), CityState: MUMBAI, MAHARASHTRA Pincode: 400069 Swift Code: NA RTGS. YES Phone: (022) 26836975, 26839154 Email: email160protected Forex Type: C1 IFSC Code: SBIN0000539 Branch Name: ANDHERI West Branch Code: 4650 Address: RAHUL APT, SV ROAD, Citystate: MUMBAI, MAHARASHTRA Pincode: 400058 Swift Code: SBININBB354 RTGS. YES Phone: (022) 26704940, 26207494 Email: email160protected Forex Type: B IFSC Code: SBIN0004650 Branch Name: AntoP HILL Branch Code: 7483 Address: C2, SBI OFFICERS8217 QRTRS Citystate: MUMBAI, MAHARASHTRA Pincode: 400037 Swift Code: NA RTGS. JA Telephone: (022) 24040323, 24016776 Email: email160protected Forex Type: C2 IFSC Code: SBIN0007483 Branch Name: AUGUST Kranti MAIDAN Branch Code: 1885 Address: AUGUST Kranti MAIDAN BRAN Citystate: MUMBAI, MAHARASHTRA Pincode: 400036 Swift Code: NA RTGS. JA Telephone: (022) 23826214, 23869863 E-Mail: email160protected Forex Type: C1 IFSC Code: SBIN0001885 Branch Name: backbay RECLAMATION SECTOR Branch Code: 1593 Address: Raheja CHAMBERS, FREE PRESS JOURNAL RD. NARIMAN POINT Town: MUMBAI, MAHARASHTRA Post Code: 400021 Post Code: SBININBB107 RTGS. YES Phone: (22) 22049829, 22043237 Fax: 22049830 Email: email160protected Forex Type: B IFSC Code: SBIN0001593 Branch Name: Bhabha Atomic Research Center Trombay Branch Code: 1268 Address: Bhabha Atomic Research Citystate: MUMBAI, MAHARASHTRA Pincode: 400085 Swift Code: SBININBB508 RTGS. YES Phone: (022) 25505320, 25505349 Email: email160protected Forex Type: B IFSC Code: SBIN0001268 Branch Name: Bhandup Branch Code: 562 Address: BHAICHAND Weaving Mills City State: MUMBAI, MAHARASHTRA Pincode: 400078 Swift Code: SBININBB509 RTGS. YES Phone: (022) 25684753, 25601785 Email: email160protected Forex Type: B IFSC Code: SBIN0000562 Branch Name: BHULABHAI DESAI RD. Postal code: 5340 Address: P. B.NO.16518 City title: MUMBAI, MAHARASHTRA Postal code: 400026 Postal code: NA RTGS. JA Phone: (022) 23525605, 23517980 Email: email160protected Forex Type: C2 IFSC Code: SBIN0005340 Branch Name: Bhuleshwar, MUMBAI Branch Code: 30001 Address: JAIHIND ESTATE NO.2-B, DR.ATMARAM MERCHANT RD. BHULESHWAR, MUMBAI Residence: MUMBAI, MAHARASHTRA Pincode: 400002 Swift Code: NA RTGS. YES Phone: (22) 22018250 22019028 Email: email160protected Forex Type: C IFSC Code: SBIN0030001 Branch Name: Borivli EAST Branch Code: 4666 Address: DATTA PADA MANODAYA ​​BLDG City State: MUMBAI, MAHARASHTRA Pincode: 400066 Swift Code: SBININBB510 RTGS. YES Phone: (022) 28708000, 28700487 Email: email160protected Forex Type: B IFSC Code: SBIN0004666 Branch Name: Borivli West Branch Code: 551 Address: SV ROAD, Anjana APTS, Citystate: MUMBAI, MAHARASHTRA Pincode: 400092 Swift Code: NA RTGS. YES Phone: (022) 28990168, 28063375 Email: email160protected Forex Type: C1 IFSC Code: SBIN0000551 Branch Name: EDEMETALLBARREN INDUSTRY Branch Code: 12002 Address: Lower Ground Floor, COTTON EXCHANGE BUILDING, Kalbadevi ROAD, MAUMBAI City State.: MUMBAI Citystate PIN code: 400002 Quick code: SBININBB648 RTGS. YES Telephone: (22) 22424163, 22424164 Fax: 22424171 Email: email160protected Forex Type: B IFSC Code: SBIN0012002 Branch Name: Byculla Branch Code: 343 Address: RampC BUILDING, Citystate: MUMBAI, MAHARASHTRA Pincode: 400008 RTGS. YES Phone: (022) 23725411, 23721051 Fax: 23726645 Email: email160protected Forex Type: B IFSC Code: SBIN0000343 Sector Name: CAPITAL MARKET SECTOR Branch Code: 11777 Address: Ground Floor. VIDEOCON HERITAGE, CHARANJITRAI MARG, FORT, MUMBAI Residence: MUMBAI, MAHARASHTRA Pincode: 400001 Swift Code: NA RTGS. NO Phone: (0) 22691561 Industry: CAPITAL MARKET BRANCH Office Code: 11777 Address: GROUND FLOOR. VIDEOCON HERITAGE, CHARANJITRAI MARG, FORT, MUMBAI Residence: MUMBAI, MAHARASHTRA Pincode: 400001 Swift Code: NA RTGS. NO Phone number: (0) 22691561 Branch name: CARTER RD, BANDRA (W) Phone number: 7780 Address: GOLDEN ROCK ANNEXE, CityState: MUMBAI, MAHARASHTRA PIN: 400050 Swift Code: NA RTGS. YES Phone: (022) 26408203, 26443296 Email: email160protected Forex Type: C2 IFSC Code: SBIN0007780 Branch Name: Chembur Branch Code: 533 Address: 8216SUNBEAM8217 Citystate: MUMBAI, MAHARASHTRA Pincode: 400071 Swift Code: SBINGS .BB514 YES Phone: (022) 25288066, 25284208 Email: email160protected Forex Type: B IFSC Code: SBIN0000533 Branch Name: Church Branch Code: 1821 Address: THE INTERNATIONAL Citystate: MUMBAI, MAHARASHTRA Pincode: 400020 Swift Code: SBININBB196 RTGS. YES Phone: (022) 22083880, 22039965 Email: email160protected Forex Type: B IFSC Code: SBIN0001821 Branch Name: COMMERCIAL BR. VILE PARLE Branch Code: 4115 Address: Name Citystate: MUMBAI, MAHARASHTRA Pincode: 400057 Swift Code: SBININBB356 RTGS. YES Phone: (022) 26194007, 26194009 Email: email160protected Forex Type: B IFSC Code: SBIN0004115 Branch Name: COMMERCIAL OFFICES Chembur Branch Code: 4268 Address: 118-121, SWASTIK CHAMBERS, SION-Trombay ROAD, Chembur Citystate: MUMBAI , MAHARASHTRA pin code: 400071 Quick code: SBININBB199 RTGS. YES Phone: (22) 42254000, 42254016 Fax: 42254024 Email: email160protected Forex Type: B IFSC Code: SBIN0004268 Branch Name: COMMERCIAL SECTORS, Dadar Branch Code: 4114 Address: BULLET BUILDING, L. N. ROAD. HINDU COLONY, DADAR (E) City: MUMBAI, MAHARASHTRA Post Code: 400014 Quick Code: SBININBB355 RTGS. YES Phone: (22) 24118793, 24101893 Fax: 24101892 Email: email160protected Forex Type: B IFSC Code: SBIN0004114 Branch Name: COMMERCIAL BRANCH, MUMBAI. Office Code: 6070 Address: N. G.N. VAIDYA MARG, BANK STRASSEN-FORT, MUMBAI City Status: MUMBAI, MAHARASHTRA Pincode: 400001 Swift Code: SBININBB101 RTGS. YES Phone: (22) 22662205, 22610437 Fax: 22626474 Email: email160protected Forex Type: B IFSC Code: SBIN0006070 Branch Name: CUFFE PARADE Branch Code: 5345 Address: 6, Arcade, WORLD TRADE 8211 City State: MUMBAI, MAHARASHTRA Pincode : 400005 Swift Code: SBININBB515 RTGS. JA Phone: (022) 22189788, 22185947 Email: email160protected Forex Type: B IFSC Code: SBIN0005345 Branch Name: DN ROAD MUMBAI (BOC) Branch Code: 8599 Address: Killick HOUSE, Charanjit Citystate: MUMBAI, MAHARASHTRA Pincode: 400001 Swift Code: SBININBB516 RTGS. JA Telephone: (022) 22073465, 22017264 E-Mail: email160protected Forex Type: B IFSC Code: SBIN0008599 Branch Code: 353 Address: sharifa, SWAMI DYANJIVAN, Citystate: MUMBAI, MAHARASHTRA Pincode: 400014 Swift Code: NA RTGS. YES Phone: (022) 24150652, 24180800 Email: email160protected Forex Type: C1 IFSC Code: SBIN0000353 Branch Name: Dahisar EAST MUMBAI Branch Code: 4664 Address: ORCHID PLAZA Citystate: MUMBAI, MAHARASHTRA Pincode: 400068 Swift Code: NA RTG. JA Telephone: (022) 28284303, 28280555 28283749 Fax: 28284023 Email: email160protected Forex Type: C2 IFSC Code: SBIN0004664 Branch Code: 3109 Address: SION Trombay Road, near Citystate: MUMBAI, MAHARASHTRA Pin Code: 0 Swift Code: NA RTGS . YES Phone: (022) 25565167, 25510210 Email: email160protected Forex Type: C2 IFSC Code: SBIN0003109 Branch Name: Dharavi Branch Code: 3671 Address: DIAMOND Apartment, City State: MUMBAI, MAHARASHTRA Pincode: 400017 Swift Code: NA RTGS. YES Phone: (022) 24044859, 24071134 Email: email160protected Forex Type: C2 IFSC Code: SBIN0003671 Branch Name: DIAMOND INDUSTRY Branch Code: 9276 Address: 1st Floor, MAJESTIC SHOPPING CENTER, 144 JSS ROAD, Girgaon, charni ROAD Citystate : MUMBAI, MAHARASHTRA PIN code: 400004 Quick code: SBININBB109 RTGS. JA Telephone: (22) 23892033, 23891778 Fax: 23892165 E-Mail: email160protected Forex Type: B IFSC Code: SBIN0009276 Branch Name: Deutsches Reich Haus, FORT BRANCHEN MUMBAI Branch Code: 30002 Address: 214, DR.DN STRAßEN, EMPIRE- HOUSE, FORT, MUMBAI CityState: MUMBAI, MAHARASHTRA Pincode: 400001 Swift Code: NA RTGS. JA Phone: (22) 22078415 22072671 Email: email160protected Forex Type: B IFSC Code: SBIN0030002 Branch Name: Evershine NAGAR (Malad, WEST) Branch Code: 8075 Address: Matru CHAYA BLDG, Citystate: MUMBAI, MAHARASHTRA Pincode: 400064 Swift Code: NA RTGS. YES Phone: (022) 28440834, 28821322 Email: email160protected Forex Type: C2 IFSC Code: SBIN0008075 Branch Name: FOCUS Branch Code: 1950 Address: SBI, FOCUS LINK BR Citystate: MUMBAI, MAHARASHTRA Pincode: 400059 Swift Code: NA RTG . JA Phone: (022) 28513493, 28510164 IFSC Code: SBIN0001950 Branch Name: FORT MARKET Branch Code: 5347 Address: BHAGWAN Bhuvan, 71-73 Citystate: MUMBAI, MAHARASHTRA Pincode: 400001 Swift Code: NA RTGS. JA Telephone: (022) 22690384, 22692448 E-Mail: email160protected Forex Type: C1 IFSC Code: SBIN0005347 Branch Name: VIER bunglows BRANCHEN-Branch Code: 11687 Address: Holar Samaj CO OP HSG SOCIETY Citystate: MUMBAI, MAHARASHTRA Pincode: 400053 Swift Code: NA RTGS. YES Phone: (022) 26332133 Fax: 26332133 Email: email160protected Forex Type: NA IFSC Code: SBIN0011687 Industry Name: Gateway of India Branch Code: 8780 Address: RAM NIMI, 8 MANDALIK ROAD Citystate: MUMBAI, MAHARASHTRA Pincode: 400039 Swift Code: NA RTGS. YES Phone: (022) 22810599, 22873994 Email: email160protected Forex Type: C1 IFSC Code: SBIN0008780 Branch Name: Girgaon Branch Code: 374 Address: 265, Ghanshyam BHAVAN, Citystate: MUMBAI, MAHARASHTRA Pincode: 400004 Swift Code: NA RTGS . JA Phone: (022) 23869439, 23824505 Email: email160protected Forex Type: C2 IFSC Code: SBIN0000374 Branch Name: Goregaon EAST Branch Code: 1975 Address: 12, JAI PRAKASH NARAYAN RD Citystate: MUMBAI, MAHARASHTRA Pincode: 400063 Swift Code: SBININBB518 RTGS. YES Phone: (022) 26860938, 26862491 Email: email160protected Forex Type: B IFSC Code: SBIN0001975 Branch Name: Goregaon West Branch Code: 1266 Address: 8211 Citystate: MUMBAI, MAHARASHTRA Pincode: 400062 Swift Code: NA RTGS. YES Phone: (022) 28732893, 28786875 Email: email160protected Forex Type: C1 IFSC Code: SBIN0001266 Branch Name: GOVT. COLONY BR. BANDRA EAST Branch Code: 3838 Address: GOVT. COLONY, CityState: MUMBAI, MAHARASHTRA Pincode: 400051 Quick code: NA RTGS. YES Phone: (022) 26433935, 26428637 Email: email160protected Forex Type: C2 IFSC Code: SBIN0003838 Branch Name: HUGHES ROAD Branch Code: 5800 Address :. ADERBAD BLDG, Citystate: MUMBAI, MAHARASHTRA Pincode: 400007 Swift Code: NA RTGS. JA Telephone: (022) 23636561, 23694192 Email: email160protected Forex Type: C2 IFSC Code: SBIN0005800 Branch Code: 4760 Address: Name Citystate: MUMBAI, MAHARASHTRA Pincode: 400064 Swift Code: SBININBB198 RTGS. JA Telephone: (022) 28827884, 28801638 Email: email160protected Forex Type: B IFSC Code: SBIN0004760 Branch Code: 1109 Address: ADI Shankaracharya MARG Citystate: MUMBAI, MAHARASHTRA Pincode: 400076 Swift Code: SBININBB519 RTGS. YES Phone: (022) 25722894, 25725305 Email: email160protected Forex Type: B IFSC Code: SBIN0001109 Industry Name: INDUSTRIAL Financial Industry, ANDHERI (EAST) Branch Code: 4732 Address: Snehal CHAMBERS, TELLI GULLI, ANDHERI (E) Citystate: MUMBAI, MAHARASHTRA PIN code: 400069 Quick code: SBININBB197 RTGS. JA Phone: (22) 26822158 26822791, 26820247 26821310 Fax: 26833001 26831648 Email: email160protected Forex Type: B IFSC Code: SBIN0004732 Branch Name: INDUSTRIAL Financial Sector, MUMBAI Branch Code: 8965 Address: THE ARCADE 2nd Floor, World Trade Center . CUFFE PAREDE, COLABA AW4 City title: MUMBAI, MAHARASHTRA PIN code: 400005 Quick code: SBININBB150 RTGS. YES Phone: (22) 22160926 22154854, 22160921 Fax: 22160918 22160927 Email: email160protected Forex Type: B IFSC Code: SBIN0008965 Industry Name: INDUSTRIAL Financial Industry, SHIVASAGAR Branch Code: 4779 Address: DEVCHAND HOUSE, 1st Floor, Shivsagar ESTATE, Worli (SOUTH) Residence: MUMBAI, MAHARASHTRA Pincode: 400018 Swift Code: SBININBB179 RTGS. YES Phone: (22) 24950800, 24930800 Fax: 24951131 Email: email160protected Forex Type: B IFSC Code: SBIN0004779 Branch Name: INTERNATIONAL AIR CARGO COMPLEX Branch Code: 5937 Address: NEW SATELLITE BLDG City State: MUMBAI, MAHARASHTRA Pincode: 400099 Swift Code: NA RTGS. JA Telephone: (022) 26828277, 26828280 E-Mail: email160protected Forex Type: C1 IFSC Code: SBIN0005937 Branch Name: JACOB CIRCLE Branch Code: 1835 Address: SIMPLEX MILLS COMPOUND, Citystate: MUMBAI, MAHARASHTRA Pincode: 400011 Swift Code: NA RTG . YES Phone: (022) 23082001, Fax: 022-23077416 Email: email160protected Forex Type: C1 IFSC Code: SBIN0001835 Branch Name: Jogeshwari EAST Branch Code: 1861 Address: Dastur BLDG. CAVES CityState: MUMBAI, MAHARASHTRA Pincode: 400060 Swift Code: NA RTGS. YES Phone: (022) 28382276, 28325320 Email: email160protected Forex Type: C2 IFSC Code: SBIN0001861 Branch Name: Jogeshwari West Branch Code: 4626 Address: SV ROAD GHASWALA BLDG Citystate: MUMBAI, MAHARASHTRA Pincode: 400102 RTSBiftB360 . JA Phone: (022) 26793293, 26783530 Email: email160protected Forex Type: B IFSC Code: SBIN0004626 Branch Name: JUHU TARA Branch Code: 1685 Address: SHREE LALITA, NEAR FLYING Citystate: MUMBAI, MAHARASHTRA Pincode: 400049 Swift Code: NA RTGS. JA Phone: (022) 26606055, 26611381 Email: email160protected Forex Type: C1 IFSC Code: SBIN0001685 Branch Name: JUHU VILE PARLE SCHEMA Branch Code: 5349 Address: PLOTNO.9, YOGI Smruti Citystate: MUMBAI, MAHARASHTRA Pincode: 400049 Swift Code: NA RTGS. JA Phone: (022) 26239171, 26206327 Email: email160protected Forex Type: C2 IFSC Code: SBIN0005349 Branch Name: KALACHOWKY (MUMBAI) Branch Code: 7417 Address: ABHYUDAY NAGAR Citystate: MUMBAI, MAHARASHTRA Pincode: Swift Code: NA RTG. YES Telephone: (022) 24703890, 24711806 Fax: 24703890 Email: email160protected IFSC code: SBIN0007417 Branch name: KANDIVLI IND. EUROPEAN SUMMER TIME. Branch Code: 566 Address: KANDIVILI INDUSTRIAL ESTA Citystate: MUMBAI, MAHARASHTRA Pincode: 400067 Swift Code: SBININBB361 RTGS. YES Phone: (022) 28683874, 28683193 Email: email160protected Forex Type: B IFSC Code: SBIN0000566 Branch Name: Kandivli West Branch Code: 1185 Address: Shantilal MODI ROAD, Citystate: MUMBAI, MAHARASHTRA Pincode: 400067 Swift Code: NA RTGS . YES Phone: (022) 28062891, 28071472 Email: email160protected Forex Type: C1 IFSC Code: SBIN0001185 Branch Name: Kanjur MARG Branch Code: 6249 Address: Akashdeep Kanjur VILLAGE Citystate: MUMBAI, MAHARASHTRA Pincode: 400042 Swift Code: NAGS. YES Phone: (022) 25795498, 25782701 Email: email160protected Forex Type: C2 IFSC Code: SBIN0006249 Branch Name: KEMP8217S CORNER Branch Code: 6994 Address: anmol RATNA RAUM, City State: MUMBAI, MAHARASHTRA Pincode: 400026 Swift Code: NA . YES Phone: (022) 23680725, 23682878 Email: email160protected Forex Type: C2 IFSC Code: SBIN0006994 Branch Name: Khar West Branch Code: 4613 Address: PLOT NO. 81, S. V. R., CityState: MUMBAI, MAHARASHTRA Pincode: 400052 Swift Code: NA RTGS. JA Phone: (022) 26482856, 26483248 Email: email160protected Forex Type: C2 IFSC Code: SBIN0004613 Branch Name: KHURHAD Branch Code: 8373 Address: HILL VIEW APT, AD MARG Citystate: MUMBAI, MAHARASHTRA Pincode: 400092 Swift Code: NA RTGS. JA Telephone: (022) 28495890, 28400821 E-Mail: email160protected Forex Type: C2 IFSC Code: SBIN0008373 Branch Name: konkan BHAVAN Branch Code: 6240 Address: konkan BHAVAN BRANCHEN, Citystate: NAVI MUMBAI, MAHARASHTRA Pincode: 400614INBiftB362 RTGS. YES Phone: (022) 27578822, 27572203 Email: email160protected Forex Type: B IFSC Code: SBIN0006240 Branch Name: KURLA West Branch Code: 1886 Address: 171, LBS MARG Citystate: MUMBAI, MAHARASHTRA Pincode: 400070 Swift Code: NA RTGS . YES Phone: (022) 25031883, 25030986 Email: email160protected Forex Type: C2 IFSC Code: SBIN0001886 Branch Name: LALBAUG MUMBAI Branch Code: 1850 Address: AIRAWAT, 75, DR.AMBEDKAR Citystate: MUMBAI, MAHARASHTRA Pincode: 400033 Swift Code : NA RTGS. YES Phone: (022) 23726294, 23784275 Email: email160protected Forex Type: C2 IFSC Code: SBIN0001850 Branch Name: Linking Road, BANDRA Branch Code: 548 Address: 533, Patwardhan HOUSE Citystate: MUMBAI, MAHARASHTRA Pincode: 400052 Swift Code: SBININBB520 RTGS. JA Phone: (022) 26480373, 26481507 26465306 Fax: 26043924 Email: email160protected Forex Type: B IFSC Code: SBIN0000548 Branch Name: SENKEN PAREL Branch Code: 3428 Address: Madhusudan MILLLS - Link Citystate: MUMBAI, MAHARASHTRA Pincode: 400013 Code: NA RTGS. YES Phone: (022) 24926578, Fax: 24934338 Email: email160protected Forex Type: C2 IFSC Code: SBIN0003428 Branch Name: MADAME CAMA Road Branch Branch Code: 8586 Address: MADAME CAMA ROAD Citystate: MUMBAI, MAHARASHTRA Pincode: 400021 Swift Code : SBININBB521 RTGS. YES Phone: (022) 22025676, 22820680 Email: email160protected Forex Type: B IFSC Code: SBIN0008586 Branch Code: 3837 Address: Vijan APTS, LADY Jamshedji ROAD, Citystate: MUMBAI, MAHARASHTRA Pincode: 400016 Swift Code: SBININBB522 RTGS. YES Phone: (022) 24472849, 24464434 Fax: 24461913 Email: email160protected Forex Type: B IFSC Code: SBIN0003837 Branch Name: Mahul ROAD Branch Code: 564 Address: NEXT TO RCF CO Citystate: MUMBAI, MAHARASHTRA Pincode: 400074 Swift Code: NA RTGS. YES Phone: (022) 25548006, 25548870 Email: email160protected Forex Type: C1 IFSC Code: SBIN0000564 Branch Name: Malad EAST Branch Code: 3110 Address: NEAR RLY STATION, Citystate: MUMBAI, MAHARASHTRA Pincode: 0 Swift Code: NA RTGS .YES Phone: (022) 28836922, 28834000 Email: email160protected Forex Type: C2 IFSC Code: SBIN0003110 Branch Code: 1594 Address: HOTEL SILVER AROADE, Citystate: MUMBAI, MAHARASHTRA Pincode: 400059 Swift Code: SBININBB526 RTGS. YES Phone: (022) 28514344, 28502355 Email: email160protected Forex Type: B IFSC Code: SBIN0001594 Branch Name: marve ROAD, Malad SECTOR Branch Code: 30280 Address: Malad GYMKHANA HOUSE, marve ROAD, Malad (W), MUMBAI Citystate: MUMBAI, MAHARASHTRA Pincode: 400064 Fast code: NA RTGS. YES Phone: (22) 28441438 28820670 Email: email160protected Forex Type: C IFSC Code: SBIN0030280 Branch Name: MASJID Bunder Branch Code: 1863 Address: RAJGOR CHAMBERS, MASJID Citystate: MUMBAI, MAHARASHTRA Pincode: 400009 Swift Code: NA RTG. YES Phone: (022) 23759542, 23501374 Email: email160protected Forex Type: C1 IFSC Code: SBIN0001863 Branch Name: Matunga Branch Code: 5350 Address: GUJARATI KELWANI MANDAL Citystate: MUMBAI, MAHARASHTRA Pincode: 400019 Swift Code: NA RTGS. YES Phone: (022) 24096070, 24096551 Email: email160protected Forex Type: C1 IFSC Code: SBIN0005350 Branch Name: MOUNT MARY ROAD Branch Code: 8233 Address: MONALISA, Citystate: MUMBAI, MAHARASHTRA Pincode: Swift Code: NA RTGS. YES Phone: (022) 26559208, 26552385 Fax: 26400099 E-Mail: email160protected Forex Type: C2 IFSC Code: SBIN0008233 Branch Name: Mulund (EAST) Branch Code: 4210 Address: CHINTAMANI COOP SOCIETY Citystate: MUMBAI, MAHARASHTRA Pincode: 400081 Code: NA RTGS. JA Telephone: (022) 25906260, 25906261.0 IFSC Code: SBIN0004210 Branch Name: MULUND WEST Branch Code: 3225 Address: LAXMI MAHAVE NIWAS. City State: MUMBAI, MAHARASHTRA Pincode: 400080 Swift Code: NA RTGS. YES Phone: (022) 25651366, 25614922 Email: email160protected Forex Type: C2 IFSC Code: SBIN0003225 Branch Name: MUMBAI Central Branch Code: 547 Address: MUMBAI Central Branch, Citystate: MUMBAI, MAHARASHTRA Pincode: 400008 Swift Code: NA RTGS . YES Phone: (022) 23078952, 23061765 Email: email160protected Forex Type: C1 IFSC Code: SBIN0000547 Branch Name: MUMBAI MAIN BRANCH. Post Code: 300 Address: MUMBAI SAMACHAR MARG, CityState: MUMBAI, MAHARASHTRA Post Code: 400023 Post Code: SBININBB110 RTGS. YES Phone: (022) 22661765 Email: email160protected Forex: An IFSC Code: SBIN0000300 Branch Name: NRI INDUSTRIES MUMBAI Branch Code: 8964 Address: 1st, Floor, TULSIANI CHAMBERS, 212, Nariman Point, Mumbai Citystate: MUMBAI, MAHARASHTRA PIN code: 400021 Quick code: SBININBB111 RTGS. YES Phone: (22) 22820954 22883149, 22825698 Fax: 22048852 Email: email160protected Forex Type: B IFSC Code: SBIN0008964 Branch Name: NAIGAON Dadar Branch Code: 5352 Address: 162, SSWAGH MARG, NAIGAON Citystate: MUMBAI, MAHARASHTRA Pincode: 400014 Fast code: NA RTGS. YES Phone: (022) 24140894, 24137351 Email: email160protected Forex Type: C2 IFSC Code: SBIN0005352 Branch Name: NAPEAN SEA ROAD Branch Code: 1862 Address: LAXMI VILAS, 87, Citystate: MUMBAI, MAHARASHTRA Pincode: 400006 Swift Code: SBININBB529 RTGS. YES Phone: (022) 23643680, 23676710 Email: email160protected Forex Type: B IFSC Code: SBIN0001862 Branch Name: Nariman Point-MUMBAI Branch Code: 6945 Address: DALAMAL HOUSE, Citystate: MUMBAI, MAHARASHTRA Pincode: 400021 Swift Code: SBININBB364 RTGS. YES Phone: (022) 22856763, 22028789 Email: email160protected Forex Type: B IFSC Code: SBIN0006945 Branch Name: Nhava Sheva PORT Branch Code: 7491 Address: PORT USARS BUILDING, Citystate: NAVI MUMBAI, MAHARASHTRA Pincode: 400707 Swift Code: NA RTGS. YES Phone: (022) 27240919, 27241337 Email: email160protected Forex Type: C1 IFSC Code: SBIN0007491 Branch Name: OPERA HOUSE Branch Code: 1417 Address: SBI, PB NO.3663, UNITY Citystate: MUMBAI, MAHARASHTRA Pincode: 400004 Swift Code: SBININBB365 RTGS. YES Phone: (022) 23641174, 23631730 Email: email160protected Forex Type: B IFSC Code: SBIN0001417 Branch Name: OVERSEAS BRANCH, MUMBAI Branch Code: 4791 Address: WORLD TRADE CENTER. 2ND FLOOR, CUFFE PARADE, COLABA CityState: MUMBAI, MAHARASHTRA PIN Number: 400005 Swift Code: SBININBB103 RTGS. YES Phone: (22) 22189161, 22189163 Fax: 22184328 Email: email160protected Forex: An IFSC Code: SBIN0004791 Branch Name: Overseas Branch, OPERA Branch Code: 60330 Address: 198, DIAMOND QUEEN, 1st Floor, RAJA Rammohan RAII MARGE, GIRGAON CityState: MUMBAI, MAHARASHTRA Pincode: 400004 Quick code: SBININBB628 RTGS. YES Phone: (22) 23814235, 23814259 Fax: 23814865 Email: email160protected Forex Type: B IFSC Code: SBIN0060330 Office Name: P. B.B. LOKHANDWALA Branch Code: 4276 Address: RAHEJA CLASSIQUE City Title: MUMBAI, MAHARASHTRA Pincode: 400053 Swift Code: NA RTGS. YES Phone: (022) 26356994, 26356991 Email: email160protected Forex Type: C1 IFSC Code: SBIN0004276 Branch Name: PALI MARKET, BANDRA Branch Code: 3452 Address: Ambedkar ROAD, Citystate: MUMBAI, MAHARASHTRA Pincode: 400050 Swift Code: NA RTGS. YES Phone: (022) 26002080, 26002181 Email: email160protected Forex Type: C1 IFSC Code: SBIN0003452 Branch Name: PALM BEACH ROAD, Nerul Branch Code: 5088 Address: FF-1 Ampere FF-2 NEIGHBORHOOD Citystate: MUMBAI, MAHARASHTRA Pincode : 400706 Fast code: NA RTGS. JA Telephone: (022) 27713701 IFSC Code: SBIN0005088 Branch Name: PBB JUHU Branch Code: 4242 Address: SHREE KUNJ. V. M. STREETS CityState: MUMBAI, MAHARASHTRA Pincode: 400057 Swift Code: NA RTGS. YES Phone: (022) 26127200, 26127212 Email: email160protected Forex Type: C1 IFSC Code: SBIN0004242 Branch Name: PBB SION Branch Code: 4296 Address: PLOT6A, SION Bhagini Samaj Citystate: MUMBAI, MAHARASHTRA Pin Code: 400022 Swift Code: NA RTGS. YES Phone: (022) 24044848, 24044847 Email: email160protected Forex Type: C1 IFSC Code: SBIN0004296 Branch Name: PBB, Hiranandani Branch Code: 4234 Address: 101, DELTA, Hiranandani, Citystate: MUMBAI, MAHARASHTRA Pincode: 400076 Swift Code : NA RTGS. YES Phone: (022) 25703209, 25702826 Email: email160protected Forex Type: C1 IFSC Code: SBIN0004234 Branch Name: Peddar ROAD Branch Code: 510 Address: 39, Kalpataru Citystate: MUMBAI, MAHARASHTRA Pincode: 400026 Swift Code: SBININBB532 RTGS. YES Phone: (022) 23513588, 23513586 Email: email160protected Forex Type: B IFSC Code: SBIN0000510 Branch Name: PORTUGESE CHURCH, Dadar SECTOR Branch Code: 30355 Address: GYAN SAGAR BULD. R. B.S. K. BOLE ROAD, DADAR (W) MUMBAI CityStat: MUMBAI, MAHARASHTRA PIN code: 40004 Quick code: NA RTGS. YES Phone: (22) 24307179 24310880 Email: email160protected Forex Type: C IFSC Code: SBIN0030355 Branch Name: RECOVERY & REHABILITATION OFFICES MUMBAI Branch Code: 4107 Address: 8211 8216ARCADE8217 2nd FLOOR Citystate: MUMBAI, MAHARASHTRAI : NA RTGS. JA Telephone: (022) 22160926, 22164116 IFSC Code: SBIN0004107 Branch Name: S. E.E. P.Z. MUMBAI ZIP Code: 3473 Address: NEW BANK BUILDING, SEEPZ, ANDHERI (EAST) CityState: MUMBAI, MAHARASHTRA Pincode: 400096 Swift Code: SBININBB161 RTGS. YES Phone: (22) 28292655, 28291353 Fax: 28290266 28292860 Email: email160protected Forex Type: B IFSC Code: SBIN0003473 Branch Name: SIB Ghatkopar (W) Branch Code: 4832 Address :. HOTEL AIRWAYS BLDG, Citystate: MUMBAI, MAHARASHTRA Pin code: 400086 Quick code: NA RTGS. JA Telephone: (022) 25138843, 25135622 IFSC Code: SBIN0004832 Branch Name: SAFED PUL (KURLA-ANDHERI ROAD) Branch Code: 8770 Address: ANURADHA IND. KOMPLEX CityState: MUMBAI, MAHARASHTRA PIN code: 400072 Quick code: NA RTGS. JA Telephone: (022) 28514122, 28598516 Email: email160protected Forex Type: C2 IFSC Code: SBIN0008770 Branch Name: SAKI NAKA Branch Code: 567 Address: SAHI-VIHAR ROAD, Citystate: MUMBAI, MAHARASHTRA Pincode: 400072 Swift Code: NA RTGS. YES Phone: (022) 28524759, 28591973 Email: email160protected Forex Type: C1 IFSC Code: SBIN0000567 Branch Name: SECURITIES SERVICES SECTOR Branch Code: 9277 Address: -2nd FLOOR MUMBAI MAIN Citystate: MUMBAI, MAHARASHTRA Pincode: 400001 Swift Code: 400001 Swift Code : NA RTGS. YES Phone: (022) 22661765, 22661124 Email: email160protected Forex Type: A IFSC Code: SBIN0009277 Branch Name: SERVICE BRANCH, MUMBAI Branch Code: 30334 Address: UNIT NO. M-2, 289, SHAHID BHAGAT SINGH STREETS, MUMBAI CityState: MUMBAI, MAHARASHTRA Pincode: 400001 Swift Code: NA RTGS. JA Phone: (22) 22620814 22620820 IFSC Code: SBIN0030334 Industry Name: Service Branch, MUMBAI Branch Code: 7690 Address: 7, Killick HOUSE, Charanjit Citystate: MUMBAI, MAHARASHTRA Pincode: 400001 Swift Code: NA RTGS. JA Telephone: (022) 22075409, 22000868 IFSC Code: SBIN0007690 Branch Office: 1246 Address: TOKERSI JIVRAJ ROAD, CityState: MUMBAI, MAHARASHTRA Pincode: Swift Code: NA RTGS. JA Telephone: (022) 24155426, 24133426 Fax: 24152098 Email: email160protected Forex Type: C1 IFSC Code: SBIN0001246 Branch Name: SHANKAR GALLI, Kandivli (W) Branch Code: 8232 Address: SHANKAR GALLI SECTOR Citystate: MUMBAI, MAHARASHTRA Pincode : 400067 Fast code: NA RTGS. YES Phone: (022) 28010345, 28056997 Email: email160protected Forex Type: C2 IFSC Code: SBIN0008232 Branch Name: FACH PBB, MUMBAI Branch Code: 4205 Address: P0ST BOX NO.1965 Citystate: MUMBAI, MAHARASHTRA Pincode: 400023 Swift Code : SBININBB367 RTGS. YES Phone: (022) 22663016, 22691623 Email: email160protected Forex Type: B IFSC Code: SBIN0004205 Branch Name: SPL. INDUSTRIAL Financial Sector, Sakinaka Branch Code: 6613 Address: 1st Floor, Lekhraj BHAWAN, SAKIVIHAR ROAD, Sake Naka ANDHERI (E) Citystate: MUMBAI, MAHARASHTRA Pincode: 400072 Swift Code: SBININBB151 RTGS. JA Telephone: (22) 28524108, 28503287 Fax: 28524651 Email: email160protected Forex Type: B IFSC Code: SBIN0006613 Branch Name: STERLING ZENTRUM, Worli SECTOR Branch Code: 30150 Address: STERLING CENTER, DR.ANNIE BASANT STREET, WORLI CityState: MUMBAI, MAHARASHTRA Pincode: 400018 Swift Code: NA RTGS. JA Telephone: (22) 24929633 24934870 Email: email160protected Forex Type: B IFSC Code: SBIN0030150 Branch Name: SWASTIK PARK, Chembur SECTOR Branch Code: 7192 Address: PLOT NO 114, SANJONA PARK Citystate: MUMBAI, MAHARASHTRA Pincode: 400071 Swift Code: NA RTGS. YES Phone: (022) 25242476, 25229553 E-Mail: email160protected Forex Type: C2 IFSC Code: SBIN0007192 Branch Name: THAKUR COMPLEX, Kandivali SECTOR Branch Code: 30366 Address: TIRUPATI TOWER, WESTERN EXPRESS HIGHWAY, THAKUR COMPLEX, Kandivali (E. ), MUMBAI City State: KANDIVALI, MUMBAI, MAHARASHTRA PIN Number: 400101 Swift Code: NA RTGS. YES Phone: (22) 28540865 Email: email160protected Forex Type: C IFSC Code: SBIN0030366 Branch Name: TURNER ROAD BANDRA MUMBAI Branch Code: 5343 Address: PREMESH6 B Citystate: MUMBAI, MAHARASHTRA Pincode: 400050 Swift Code: NA RTGS. YES Phone: (022) 26555331, 26437027 Email: email160protected Forex Type: C1 IFSC Code: SBIN0005343 Branch Name: VEER Savarkar MARG Branch Code: 5355 Address: RIGVED CO-OP SOCIETY Citystate: MUMBAI, MAHARASHTRA Pincode: 400028 Swift Code: NA RTGS. JA Telephone: (022) 24301750, 24301065 IFSC Code: SBIN0005355 Branch Name: Versova Branch Code: 3117 Address: Evershine APARTMENTS, Citystate: MUMBAI, MAHARASHTRA Pincode: 0 Swift Code: NA RTGS. YES Phone: (022) 26356729, 26356917 Email: email160protected Forex Type: C1 IFSC Code: SBIN0003117 Branch Name: VIHAR LAKE Branch Code: 9055 Address: Name Citystate: MUMBAI, MAHARASHTRA Pincode: 400087 Swift Code: NA RTGS. JA Phone: (022) 28573371, 28575099 IFSC Code: SBIN0009055 Branch Name: Vikhroli (EAST) Branch Code: 7212 Address: Asmita COLLEGE BUILDING, Citystate: MUMBAI, MAHARASHTRA Pincode: 400083 Swift Code: NA RTGS. YES Telephone: (022) 25784844, 25776407 E-Mail: sbi.07212sbi. co. in Forex Type: C2 IFSC Code: SBIN0007212 Branch Name: Vikhroli (WEST) Branch Code: 1406 Address: Bahnhofstrasse, Citystate: MUMBAI, MAHARASHTRA Pincode: 400079 Fast Code: NA RTGS. YES Telephone: (022) 25783222, 25782768 E-Mail: sbi.01406sbi. co. in Forex Type: C2 IFSC Code: SBIN0001406 Branch Name: VILE PARLE EAST Branch Code: 1174 Address: 58, NEHRU Road, near Adarsha Gas Pump Citystate: MUMBAI, MAHARASHTRA Pincode: 400057 Quick Code: NA RTGS. YES Telephone: (022) 26182065, 26123664 Fax: 022-26131787 E-Mail: sbi.01174sbi. co. in Forex Type: C1 IFSC Code: SBIN0001174 Branch Name: VILE PARLE West Branch Code: 515 Address: K V I C Connection. City State: MUMBAI, MAHARASHTRA Pincode: 400056 Swift Code: SBININBB540 RTGS. YES Phone: (022) 26713551, 26713670 Email: sbi.00515sbi. co. in Forex Type: B IFSC Code: SBIN0000515 Branch Name: VIRVANI IND. Zip Code: 6055 Address: SBI, WESTERN EXPRESS - CityState: MUMBAI, MAHARASHTRA Zip Code: 400063 Swift Code: NA RTGS. YES Telephone: (022) 28743129, 28756134 E-Mail: sbi.06055sbi. co. in Forex Type: C2 IFSC Code: SBIN0006055 Branch Code: 1102 Address: podar HOUSE, Citystate: MUMBAI, MAHARASHTRA Pincode: 400031 Swift Code: NA RTGS. YES Telephone: (022) 24116177, 24183066 E-Mail: sbi.01102sbi. co. in Forex Type: C1 IFSC Code: SBIN0001102 Branch Name: Walkeshwar Branch Code: 4728 Address: 244, VI ​​DHA NI COTTAGE, Citystate: MUMBAI, MAHARASHTRA Pincode: 400006 Quick Code: NA RTGS. YES Telephone: (022) 23681508, 23682968 E-Mail: sbi.04728sbi. co. in Forex Type: C2 IFSC Code: SBIN0004728 Branch Name: WASHI TURBHE NEW MUMBAI Branch Code: 3736 Address: POST KU BAZAR Citystate: NEW MUMBAI, MAHARASHTRA Pincode: 400705 Swift Code: NA RTGS. YES Phone: (022) 27666824, 27899847 Email: sbi.03736sbi. co. in IFSC Code: SBIN0003736 Sector: WODEHOUSE ROAD COLBA MUMBAI Branch Code: 572 Address: BUENA VISTA, OPP City Title: MUMBAI, MAHARASHTRA Telephone: 400002 Swift Code: NA RTGS. YES Telephone: (022) 22854732, 22028629 E-Mail: sbi.00572sbi. co. in Forex Type: C1 IFSC Code: SBIN0000572 Branch Name: Worli North Branch Code: 290 Address: Nirlon HOUSE, Citystate: MUMBAI, MAHARASHTRA Pincode: 400025 Swift Code: SBININBB370 RTGS. YES Telephone: (022) 24912159, 24946545 E-Mail: sbi.00290sbi. co. in Forex Type: B IFSC Code: SBIN0000290 Branch Name: Worli Sea Face Branch Code: 8783 Address: SAGAR TARANG C. H.S. LTD. CityState: MUMBAI, MAHARASHTRA Pincode: 400025 Swift Code: NA RTGS. YES Phone: (022) 24929278, 24946859 Email: sbi.08783sbi. co. in Forex Type: C2 IFSC Code: SBIN0008783 State Bank of India Domestic Call Center: Call 247 on 1800 11 22 11 amp 1800 425 3800 State Bank of India Local Number (Anywhere in India): 99 87 55 22 11 About State Bank of India State Bank of India began its operations in July 1, 1955. It apparently is the largest state-owned banking and financial services company in India. The State Bank Group, with over 16,000 branches, has the largest bank branch network in India. Its also considered the best bank abroad too, with around 130 branches overseas. For more details click here. This article has 4 comments I had requested for account transfer and they just transferred my account8230.ATM and internet banking is still lying with my old branch. Pathetic service 8230 no phone lines of the branch will be available when its required. Follow Private bank style8230 Else part your customer base with them. I want to start mobile banking facility and net banking service in my SBI account please tell me how to start both facility on my accountSpecialised NRI Branches copy SBI NRI Services 2014, All rights reserved Site best viewed in Microsoft Internet Explorer 8.0, Mozilla Firefox 17.0 or Opera 10.0 and above. If you have an older version of Internet Explorer. Mozilla Firefox or Opera follow these links to update. The guidelines of RBI regarding Know Your Customer (KYC) norms oblige the bank to regularly update customer records with current information about customer identity and address. Accordingly, your account with us will be due if it was opened more than two years ago. You are therefore requested to send the documents for re-KYC together with the application letter to your branch. Please click here. To download the standard letter of requirements with the necessary documents and information. We encourage your cooperation to ensure that your account complies with regulatory guidelines. If you have forgotten your login password for your Internet banking facility (INB), you can reset it online using your profile password. For the purpose, please click Forgot Password Password on Personal Banking Login Page and follow the instructions. We have started e-mailing the detailed position of the NRI accounts with us as a password-protected PDF attachment to the registered e-mail address, starting from March 14th. If you have any problems, please contact your home country. Now you can apply for a bank transfer or wire transfer (Forex) yourself or a third party from your NRE Savings Bank account or NRE fixed deposit account or FCNR (B) account holder to an account abroad Internet banking facility. To use this feature, please follow the procedure described below: Please log into your INB account Please click on “Services” tab Please click “NRI Services” appears in the column on the left Please click "Outward Remittance from NRE FCNR (B) Account" please add recipient to whom the transfer must be sent. Once the beneficiary has been added and activated, please select the desired application details and proceed accordingly. Now you can make an application to complete a transfer that is expected in your NRE NRO account with us. It serves three purposes as mentioned below: Tracking and Disposal of Fresh Remittances Creation of Multiple Deposits Request for Creation of FCNR (B) Deposits To take advantage of this facility, please go to Inward Remittance Disposal Request under NRI Services tab of e-Services in the menu bar of your Internet banking account. If you have not yet applied for Internet Banking (INB) or do not have an INB facility, you can register online now without visiting the branch.Simple, you need to fill in your account information to create your temporary username and password and after that you can authenticate it from any of the following modes: 1. By entering ATM card details associated with your account 2. By sending a request Letter will be generated during the registration process that you will need to send home for your INB activation. After the INB activation you will receive an SMS notification about the activation. Please contact the following address to apply: Please go to onlinesbi Please click on Login in the Personal Banking section Please click on Next to login Click on "New User" Click on this on the personal banking login page Now you can activate your debit card and generate ATM PIN instantly via internet banking facility. In order to be able to use this function, please follow the procedure described below: To activate the debit card: Please log into the account in Internet banking (onlinesbi) Please click on the e-Services tab Please click on the ATM on the left Card Services Option Select the account number that the debit card is linked to. Enter the number of the card in the ATM card number and repeat entering the ATM card number and click Activate. On the next screen, check the details of the account and card number and click the Confirm button.High Security Password will be sent to the registered mobile number that needs to be entered on the screen and then click Confirm to activate the card for generation the ATM PIN: Please log into the internet banking facility using the debit card On the e-Services tab click on the ATM card service option on the left Please click on the ATM pin generation and follow the instructions given there to create an ATM PIN. The first two digits of the ATM PIN are decided by the customer and the last 2 digits are sent to the customer's registered mobile number. Now you can add, change, cancel or request a nominee in your NRE NRO Sparkasse or NRE NRO FCNR (B) accounts via the Internet Banking (INB) facility. In order to be able to use this function, please follow the procedure described below: Please log into your SBI Personal Banking account (onlinesbi) Please click on the e-Services Please click on online nomination in the left column and on the page shows the entire depot. Maintained by you with us. Please select the account and click on one of the following tabs for the necessary: ​​Registration Nomination for adding a candidate if no candidate is currently linked to your account Inquiries Nomination for the examination which candidate is currently linked to your account Cancel Nomination for removing the candidate from the account To change the existing candidate, first remove the candidate and register a new candidate as described above. You can now create an Overdraft (OD) account against your existing NRE NRO deposit via internet banking. In order to create it, please follow the below mentioned procedure: Please login to your INB account Please click on lsquoe-Fixed Depositrsquo tab Please click on lsquoOverdraft against Fixed Depositrsquo from the column on left hand side Please select a deposit and proceed accordinglySBI FX Trade : Currency Future Trading SBI FX TRADE is an online platform offered by State Bank of India to its customers to trade in the exchange traded Currency Futures. SBI offers its clients the ability to trade in four currency pairs such as USDINR, EUROINR, GBPINR and JPYINR as allowed by the regulators SEBI & RBI. SBI FX TRADE is a secure, robust online platform related to the client's bank account. The client can take positions in these currencies from anywhere in the country, after transferring the required margins, through his online trading account. Features of SBI FX Trade Competitive brokerage rates. Integrated platform of bank account and online trading account. Provision for lien marking. The money remains in the customer's account until the deal is closed, thus earning him interest. Safe and robust online platform. Product of India's most trustworthy and transparent bank. What is Forward Foreign Exchange A forward foreign exchange contract is a standardized form of a forward foreign exchange contract that is traded on an exchange. It is an agreement to buy or sell a certain amount of an underlying currency at a certain time for a certain price. In India there are currently four currency pairs traded (USDINR, EUROINR, GBPINR and JPYINR) with a quantity of 1000 units of the base currency, except JPY, where the lot size is 100,000. However, the customer is billed in rupee terms and not in the foreign currency. Advantage of the currency futures Transparent amp Efficient pricing Simple handling No paperwork required at branch level, in contrast to futures contracts Proof of the underlying is not a prerequisite Contract specifications of the currency Futures Final Settlement Price (FSP) RBI reference interest rate (last working day of the month) Trading in currency futures with SBI FX Trade Step 1: Opening an SBI FX Trade Account Customers who are interested in participating in the foreign exchange futures market must open an SBI FX Trade trading account. The trading account is linked to a savings account specified by the customer in the account opening form. Currently, SBI provides the trading facility with National Stock Exchange of India (NSE). The customer can open the SBI FX Trade account in selected branches after completing the KYC documentation set by the regulators SEBI and RBI. Upon completion of the KYC documentation, the client's trading account would be opened within a few days and an email would be sent to the client with the username and password. STEP 2: Sign & Upfront assigning the required margins. In order to be able to trade in a forward foreign exchange contract, the client must provide the bank with the required margins. The margin is set at 5 of the value of the contract but can be changed by the bank depending on market volatility. For example, if a customer buys a contract near the month at Rs. 46 (i.e., face value of the contract: 46100046000), he must pay an upfront margin of 5 (approx), which is Rs. 2300 (5 46,000) Registration & Fund Transfer The customer must retail. Visit onlinesbi and click on the SBI FX Trade link on the home page. He will then be redirected to a login page, where he will have to enter the required data and log in. Alternatively, the client can also try the URL: nowonline. insbifxtrade After logging in, the client must go to the fund transfer amount of the lien will be marked and will be on Retail. onlinesbi redirected. Where he allocates the funds for the trade, by marking a lien. The updated deposit amount can be viewed on the onlinesbi homepage. STEP 3: Placing the trade on stocks similar to stocks, depending on the perception of the increase or decrease in value, the client needs to crystallize his views on the expected movement in the value of the respective currencies. The customers can then buy or sell the currencies accordingly on the currency forwards. Example A: For example, rupee (USDINR), a month is trading at Rs. 47 and when one thinks the rupee would depreciate to Rs. 49, he can get into a long position by buying a currency futures contract. When USDINR goes to Rs for the same maturity period. 49, he makes a profit of Rs. 2 per dollar. So on a single contract of 1000, he makes a profit of Rs. 2000. Example B: On the contrary, he can sell the contract if he sees the recognition of the Indian rupee. For example, if the rupee is a month of trading at Rs. 47 and is expected to move to Rs. 46 he can take a short position by selling a forward currency contract. When the USDINR rate moves to Rs for the same maturity period. 46 he makes a profit of Rs. 1 per dollar, squaring off his position. He makes a profit of Rs. 1000 on this contract. In the case Rupee moves against his expectations and reaches Rs. 49 then he loses Rs. 2 per contract, i. H. Rs. 2000 from the edge he has given up in front. The customer can relinquish his deputy at any time during the term of the contract. Similarly, long or short positions in EURINR, GBPINR and JPYINR can be taken if the chances of fluctuation are in the Indian currency against other currencies such as the euro, pound sterling and Japanese yen. Benefits of Trading in Foreign Exchange Futures A wide range of financial market participants - third parties (i.e. exporters, importers, corporates and banks), investors and arbitrageurs will benefit from transparent pricing and the ease of trading. Hedgers: This product provides the platform for hedging against unfavorable exchange rate fluctuations. If you are an importer, you can buy a forward currency contract to lock in a price on buying the actual foreign currency at a future date. This will avoid the exchange rate risk that you would otherwise have faced. If you are an exporter, you can sell currency forwards on the exchange platform and lock a sale price at a future date. For example, consider that you are an exporter and the USDINR two month futures contract is currently trading at Rs. 49 per dollar. You have an export after two months and you find the current level very attractive. Then you can sell a two month currency futures contract at the current price of Rs. 49. So at the end of two months you will receive Rs. 49 per dollar on the due date, regardless of the amount of the rupee. Investors: All interested parties who are talking about an appreciation (or depreciation) of exchange rates in the short and medium term can participate in the currency futures market. According to regulatory guidelines, any resident Indians, including individuals, corporations, or financial institutions, can participate in currency futures. However, currently Non-Resident Indians (NRIs) and Foreign Institutional Investors (FIIs) are not eligible to participate in the Forex futures market. Forex Forward FAQs Where can I get information about placing trades with the SBI FX Trade Platform? The presentation on how to use the platform to place trades will be sent to the client by email after opening the SBI FX Trade account. The presentation would also be on retail. available online. Client can also call 1800-220-052 (toll free) 022-26567700, for any doubts on the trading platform. Contact List of Regional Treasury Marketing Units 080 2594 3184, 080 2594 3185 What KYC Documentation Should You Get For Opening an SBI FX Trade Account The SBI FX Trade KYC brochure contains six documents specified by the Market Regulators, Exchange and the Bank . The KYC form records the customer's information, which is treated confidentially by the bank. The document "Investor Rights and Obligations" defines the rights and obligations of the customer who wants to open a forward exchange deal. The Risk Disclosure Document explains the different types of risks associated with the Exchange Traded Currency Futures market. Agreement between the customer and the trading participant (SBI) for participation in the exchange trading currency futures market. This agreement is to be deleted in accordance with the relevant stamp law, the costs of which are borne by the client. The agreement on the electronic dispatch of the contract forms enables the customer to receive the contract and other declarations electronically. What is Lien Marking and How is it Different from Normal Upfront Transfer Lien Marking is a unique facility offered by SBI to its clients. Through the lien labeling offered by SBI, the customer will continue to receive interest on the lien amount until actual business is done. In the case where the margins are passed in advance, the customer will lose the opportunity to earn interest until the deals are closed. How can I see the lien status and the updated trade limits When the client marks a lien for brokering the trades, the lien status is updated on the real-time basis on the client's onlinesbi homepage. It should be noted that no separate entry would be made in the account for lien marking unmarking. The client can also see the updated limits on the nowonline. See in-platform on a real-time basis. It is also available on POSITIONS -> RMS SUBLIMITS. When the deal is exercised on the stock exchange, the deposit amount is reduced and the debit entry is transferred to the customer account at the end of the day. How is the margin on the open position calculated? It is achieved by applying the margin to the value of the open position. For example, you have an open long position in FUT-USDINR-27-Aug-2010 for an amount of 1000 pieces Rs. 50 and IM for USDINR is 5. In this case the position level margin would be 1 1000 50 5 Rs. 2500 Which understands one under calendar span? Calendar spread means risk offset positions in contracts that expire on different dates at the same time in the same underlying. For example, take buy position for 2 lots of 2000 qty in FUT-USDINR-27-Aug-2010 Rs. 50 and sell position for 1 lot of 1000 qty in FUT-USDINR-28-Sep-2010 Rs. 55. Then one The lot position in FUT-USDINR-27-Aug-2010 and 1 lot sell position in FUT-USDINR-28-Sep-2010 form a spread against each other and are therefore referred to as a spread position. This spread position would be charged the Spread Margin for Margin Calculation instead of IM. In this example the balance would buy 1 lot of 1000 items in FUT-USDINR-27-Aug-2010 not spread position and would gain the first margin. How is the margin calculation carried out in the case of a calendar total? The spread positions require lower margins set by the exchange and the benefit of the lower margins, if any, would be passed on to the client. How can I view my open positions in currency forwards? You can view all open futures positions by clicking on POSITION POSITION TABEL. You can see the positions on a DAYWISENET WISE basis. Daily wisdoms are those that are built during the day, while NETWISE are the transferred positions too. The futures position table gives details such as contract details, buy position, lots (number of contracts), quantity, buy order lots, sell order lots, base price, last traded price (LTP), total margin on open position and order blocked level margin at sub-group level . In addition, you will be sent contract documents and daily reports in accordance with the regulatory guidelines. There is something I can do to secure the positions because I'm getting squared due to lack of margin? Yes, you can always voluntarily add margin or assign additional margin at the time of placing orders. Having sufficient margin can avoid calls for any additional margin when the market becomes unfavorably volatile in relation to your position. Intra-day trigger points The customer receives the warnings at the following levels in order to catch up on his margin account. 90 of the margins positions are squared by the bench. It is always advisable for clients to keep an extra pillow above the required margin to reduce the possibility of such space due to extreme market movements. For example, a client has given margins at 5 (Rs. 2300). When the margins drop to a level of 70 (Rs. 1610) he receives the first margin call asking him to fund his account. The second alarm is sent at 80 (Rs. 1840) and the last alarm at 90 (Rs. 2300). If the customer does not top up at this level either, the bank reserves the right to sell the customer's positions. What does EOD MTM mean? Daily EOD MTM is a mandatory feature of the forward foreign exchange transaction process mandated by regulators. Every day, the open forward exchange transactions are processed at the settlement price declared by the stock exchanges for that day. The base price is compared with the settlement rate and the difference is settled in cash. In the event of profit losses in EOD MTM, the account will be credited. The position is settled on the next day on the previous trading days. Settlement price at which the last EOD MTM was processed. The daily profit loss due to the MTM would be credited to the customer account the next day. What are my settlement obligations in forward foreign exchange contracts. You can have the following two settlement obligations in the forward exchange contract: I. Daily settlement obligations: (Income to be transferred in the T1 account) PayoutPayIn due to MTM profit and loss. PayoutPayIn due to a margin requirement of 5. (Exceeding 5, would be credited to the customer account, while shortfall below 5 would be debited from the customer account) PayIn due to brokerage, applicable taxes and statutory duties II. Final processing obligations: PayoutPayIn due to profit and Loss on completion.PayIn due to brokerage and legal levies close to PayIn due to applicable taxes. It is mandatory to terminate the position within the term of the contract. No Exchange would automatically square your position on the last day of the contract expiration. Your position would be closed at the final settlement price in accordance with applicable regulations. The final settlement price is the reserve bank's reference price on the last trading day. When is the commitment amount debited or credited to my bank account? All Currency Futures Daily Commitments are settled by exchanging on a T1 basis and Final Settlement Obligations are settled by exchanging on a T2 basis. Daily settlement obligations at the bank: This means that every daily obligation from transactions in futures or EOD MTM is settled on the day (T) of the next trading day. This means that the payment must be made on the day (T) itself if you have a debit obligation on the day (T). If there is a credit obligation, amount would be credited to your account on T1 day. If T1 is a public holiday, your account will be credited the next business day. Bank Final Settlement Obligations: Your Final Settlement Obligation will be settled in the same way as the Daily Obligations, except that your Credit Obligation will be credited to your account on day T2 or a subsequent business day if T2 is a public holiday. How can I cancel the lien and release the amount? The customer can apply for the right of revocation of the lien at any time. Please note the following. In order not to mark the lien, the customer should go to the REQUESTS page on his online bi homepage and select SBI FX TRADE and enter the amount that is not marked. The unmarked applications that were placed before 5 p.m. would be unmarked after market hours on the same day. Inquiries received after 5 p.m. would not be processed until the end of the next trading days. Therefore, it is assumed that the customer will not use the amount for which the marking was requested until the lien is released. If the customer uses this amount on the next trading day, the cancellation request will be rejected. Similar to the case of lien marking, if an unmarked lien is performed, no entry would be passed on the customer's account. Only the lien amount would be reduced by the unmarked amount. What are the applicable brokerage fees for SBI FX TRADE? We offer volume based incremental brokerage fees for different segments of clients. Our brokerage rates are straight forward and don't carry any hidden charges.