The United States is the most preferred destination for Indians for business, jobs, and studies. Many Indian banks including State Bank of India, ICICI Bank, Bank of Baroda, etc. operate in the US through their overseas branches, subsidiaries or representative offices. These banks offer several banking and investment services to US citizens and Non-Resident Indians (NRIs) staying in the US. Listed below are Indian banks in the USA.
List of Indian Banks in the USA
- State Bank of India
- Bank of Baroda
- Bank of India
- Canara Bank
- ICICI Bank
Number of Branches of Indian Banks in the USA
As per the Reserve Bank of India, five Indian banks are operating in the US through branches/ subsidiaries/ representative offices.
| Indian Banks in the US | No. of Branches/ Subsidiaries/ Representative Offices |
|---|---|
| State Bank of India | 3 branches + 1 RO |
| ICICI Bank | 1 branch + 2 RO |
| Canara Bank | 1 |
| Bank of Baroda | 1 |
| Bank of India | 2 |
Branches of Top Indian Banks in the US
State Bank of India US Branches
SBI US branches are located at the following locations:
- New York
- Chicago
- Los Angeles
- Washington DC (Representative Office)
Here is a list of SBI NRI branches in the USA:
SBI New York Branch
Following is the address of SBI New York branch:
| Branch | New York |
| Address | 460 Park Avenue, New York, N.Y., 10022, USA |
| Timings | Mon-Fri, 9:00 AM– 5:00 PMSat-Sun, Closed |
| Phone Number and Email | Number: 212-521-3200Email: [email protected] |
| SWIFT Code | SBINUS33 |
SBI Chicago Branch
Following is the address of SBI Chicago branch:
| Branch | Chicago |
| Address | 19, South La Salle Street, Suite # 200, Chicago, Illinois, 60603-1467, USA |
| Timings | Mon-Fri, 9:00 AM– 5:00 PMSat-Sun, Closed |
| Phone Number and Email | Phone Number: 312-621-1200Email: [email protected] |
| SWIFT Code | SBINUS44 |
SBI Los Angeles Branch
Following is the address of SBI Los Angeles branch:
| Branch | Los Angeles |
| Address | 707, Wilshire Blvd., Suite # 1995, Los Angeles, California – 90017, USA |
| Timings | Mon-Fri, 9:00 AM– 5:30 PMSat-Sun, Closed |
| Phone Number and Email | Phone Number: 213-627-7350Email: [email protected] |
| SWIFT Code | SBINUS66 |
SBI Washington DC Branch, Representative Office
Following is the address of SBI Representative Office in Washington DC:
| Branch | Representative Office, Washington DC |
| Address | 1200, 17th Street, NW, Suite 205, Washington D.C. 20036, Washington DC–UNITED STATES OF AMERICA- 2235579 |
| Timings | Mon-Fri, 9:00 AM– 4:00 PMSat-Sun, Closed |
| Phone Number and Email | Email: [email protected] |
ICICI Bank US Branch
- New York (Branch)
- California (Representative Office)
- Texas (Representative Office)
| ICICI Bank US Branch | ICICI Bank Limited, New York Branch – For products and services ICICI Bank Limited 575 FIFTH AVE 26TH FLOOR NEW YORK, NY 10017 USA Email: [email protected] Phone Number:1-646-827-8450 – For queries related to Money2India or ICICI Bank Limited Phone Number: 1-866-ICICI-4U / 1-866-424-2448 Email : [email protected] ICICI Bank Limited, California Representative Office ICICI Bank Limited, California 844 East El Camino Real, Suite B1,Sunnyvale, CA 94087 Phone Number: 1-408-769-4311 Email : [email protected] ICICI Bank Limited, Texas Representative Office ICICI Bank Limited, Texas 8305 Preston Road, Suite 400C, Plano, TX 75024 |
Canara Bank US Branch
- New York
Canara Bank New York Branch
Following is the address of Canara Bank New York branch:
| Branch | New York |
| Address | SUITE NO – 1170, 11THFLOOR, 805,3RDAVENUE, NEWYORK NY 10022, U.S.A. |
| Fax No. | 001 6466697325 |
| Phone Number | 0016467600495 |
| [email protected] |
Bank of Baroda US Branch
- New York
Bank of Baroda New York Branch
| Branch | Bank of Baroda New York |
| Address | One Park Avenue New York, NY 10016 USA |
| Contact Person | Mr. Raveesh Kumar (DGM, Chief Executive) |
| Phone Number | (001) 212-578-4550 |
| Email ID | – [email protected] – [email protected] |
Bank of India US Branch
- New York
- San Francisco
Bank of India, New York Branch
Given below is the address of Bank of India, New York office:
| Address | 277, Park Avenue New York NY 10172-0083 U.S.A. |
| Phone Number | 001212-753-6100 |
| Fax Number | 212-588-8958 |
| Email ID | [email protected] |
| Website | http://www.boiusa.com/ |
| SWIFT | BKIDUS33 |
Bank of India, San Francisco Branch (Agency)
Given below is the address of Bank of India, San Francisco office:
| Address | San Francisco Agency 555 Mission Street Suite # 1875 San Francisco CA – 94105 |
| Phone Number | 001415-956-6326 / 001415-956-2129 |
| Fax Number | 001415-956-6328 |
| Email ID | [email protected] |
Top 8 banks for NRI Account for Indians in USA
Here is the list of 8 best NRE savings accounts for NRIs in USA. Check the NRI account interest rates, minimum balance requirements and other banking services.
| Bank Name | Interest rate (%) p.a. | Minimum monthly balance requirements |
|---|---|---|
| SBI | -Balance < Rs. 10 cr: 2.70% – Balance Rs. 10 cr & above: 3.00% | – Rs. 1 lakh for Metro & Urban areas and – Rs. 50,000 for Semi-Urban and rural areas |
| ICICI Bank | 3% (below 50 Lakhs) 3.50% (above 50 Lakhs) | Rs. 10,000 |
| HDFC Bank | – 3.50% (Rs. 50 Lakhs and above) – 3% (below 50 Lakhs) | Rs. 10,000 (Metro & urban branches) & Rs. 5,000 (Semi-urban/Rural branches) |
| Axis Bank | – 3% (below 50 Lakhs) – 3.50% (above 50 Lakhs) | Rs. 25,000 |
| HSBC Bank | – 2.00% (balance up to Rs. 10 cr) – 2.50% (balance Rs. 10 cr and above) | Rs. 150,000 |
| YES Bank | -4% (up to 1 lakh) -4.25% (Rs. 1 lakh to 5 lakh) -5% (Rs. 5 lakh to 10 lakh) -6% (Rs. 10 lakh to Rs. 1Cr) -6.25% (Rs. 1 cr to 10 cr) -6.00% (Rs. 10cr to Rs. 25 Cr) | Rs. 10,000 |
| Bank of Baroda | 2.75% | Quarterly average balance Rs. 50,000 |
| Kotak Bank | 3.50% | Rs. 10,000 |
Note: Interest rates are subject to periodic change.
NRI Account Opening through SBNRI
To apply for an NRI account online, you have two options. You can either click the “Apply for NRI” button on this page or utilize the SBNRI app. The SBNRI app is a unique platform designed specifically for the convenience of opening an NRI account online. Here are the simple steps to apply for an online NRI account using the SBNRI app:
- Download the SBNRI app from either the Google Play Store or App Store.
- Log in to the app using your credentials.
- Tap on the “Open NRI account” button and choose the desired bank from the provided list.
- Utilize the in-app scanning feature to scan and upload your KYC documents.
- Finally, click on the “Apply” button, and your application will be submitted.
By following these steps, you can easily apply for an NRI account online using the user-friendly SBNRI app.
Contact SBNRI
Indian banks operating in the US offer various banking and investment services to NRI retail and corporate customers and citizens of the United States, such as NRE/ NRO accounts, fixed deposits, loans, and credit cards. You can also apply for an NRI account in the USA.
NRIs living in the US can avail a variety of online financial services available in India, including NRO, NRE account opening, investment in India, tax filing, and a lot more. You can download SBNRI App to apply for an NRI account with nominal documentation in just 10 minutes.
You can also click on the button below to open an NRI account. Also visit our blog and Youtube Channel for more details.
FAQs
Which Indian bank has a branch in New York?
- Many Indian banks operate in New York through their overseas branches, subsidiaries, or representative offices. The names of Indian banks with branch in New York are State Bank of India (SBI), Bank of Baroda (BOB), Bank of India (BOI), Canara Bank, ICICI Bank, and Kotak Mahindra Bank.
Is there any HDFC Bank in New York, USA?
- No, HDFC Bank does not have physical branch in US. However, they have dedicated NRI services where users residing in USA can open NRI bank account and avail host of NRI services via HDFC’s smart banking services.
Does ICICI Bank has branch in New York, USA?
- Yes, ICICI Bank has a branch in New York where they cater to NRI services and other banking services. Please refer the above blog for the branch address and contact details.
What are the best Indian banks in New York?
- There are six Indian banks in New York. They are State Bank of India (SBI), Bank of Baroda (BOB), Bank of India (BOI), Canara Bank, ICICI Bank, and Kotak Mahindra Bank.
Is SBI available in USA?
- Yes, SBI operates four branches in the United States, including a Representative Office in Washington DC, one in New York City, one in Chicago, and one in Los Angeles. Across these branches, SBI has a total of 10 offices located in four different states within the USA.
Does Canara Bank have branch in USA?
- Yes, Canara Bank has a branch office in USA. The branch office is located in New York.
Does ICICI Bank have branch in USA?
- Yes, ICICI Bank has branch in USA. ICICI Bank branch in USA is located in New York. Apart from that they also have representative office in Texas and California.
Can I open ICICI account in USA?
- Yes you can open your NRI account in ICICI Bank from USA. Please refer to this blog for step-by-step guide on NRI account opening in ICICI Bank.
