New York, often referred to as the financial capital of the world, is home to a diverse array of international banks, including several Indian banks that have established a significant presence in the city. Such presence of Indian banks in New York has helped a lot of Non-Resident Indians (NRIs) to get seamless and hassle-free access to NRI services. In this blog, we’ll provide a comprehensive list of Indian banks in New York along with their addresses and contact details to help our NRI diaspora in New York to find ease of banking needs.
List of Indian Banks in New York: Branches & Contact Details
Many Indian banks including State Bank of India, ICICI Bank, Bank of Baroda, etc. operate in New York 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 New York, US. Listed below are Indian banks in New York:
- State Bank of India
- Bank of Baroda
- Bank of India
- Canara Bank
- ICICI Bank
- Kotak Mahindra Bank
Also read: Indian Banks in the USA: Branches & Locations
State Bank of India(SBI) Branch in New York, US
Given below is the address of SBI Bank New York Branch:
| Address | 460 Park Avenue, 2nd Floor, New York, NY 10022 (57th Street and Park Avenue) |
| Contact Number | 212-521-3200 |
| Email ID | [email protected] |
Bank of Baroda(BOB) Branch in New York, US
Given below is the address of BOB Bank New York Branch:
| Address | One Park Avenue, New York, NY 10016, 33rd Street on No 6 Line |
| Contact Number | (212)5784550 |
| Email ID | [email protected] |
Bank of India (BOI) Branch in New York, US
Given below is the address of BOI Bank New York Branch:
| Address | 277, Park Avenue New York NY 10172-0083 U.S.A. |
| Contact Number | 001212-753-6100 |
| Email ID | [email protected] |
Canara Bank Branch in New York, US
Given below is the address of Canara Bank New York Branch:
| Address | SUITE NO – 1170, 11THFLOOR, 805, 3RDAVENUE, NEWYORK NY 10022, U.S.A. |
| Contact Number | 0016467600495 |
| Email ID | [email protected] |
ICICI Bank Branch in New York, US
Given below is the address of ICICI Bank New York Branch:
| Address | 575 FIFTH AVE 26TH FLOOR NEW YORK, NY 10017 USA |
| Contact Number | 1-646-827-8450 |
| Email ID | [email protected] |
Kotak Mahindra Bank Branch in New York, US
Given below is the address of Kotak Mahinda Bank New York Branch:
| Address | 369 Lexington Avenue, 28th floor, New York, NY – 10017, USA |
| Contact Number | +1 212 600 8850 |
Top 8 banks for NRI Account for Indians in New York, 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 New York offer various banking and investment services to NRI retail and corporate customers and citizens, such as NRE/ NRO accounts, fixed deposits, loans, and credit cards.
NRIs living in New York and other cities in the US can avail of 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.
