SBI UAE Branches List: Address, Contact Details

State Bank of India (SBI), one of India’s leading and largest banks, has a significant global presence, including a network of branches in the United Arab Emirates (UAE). These branches play a crucial role in providing banking services to Non-Resident Indians (NRIs) Overseas Citizens of India (OCIs) and other customers in the UAE. In this blog, we’ll provide a comprehensive list of SBI Branches in UAE along with their addresses and contact details. 

Open NRI Account

List of SBI Bank Branches in UAE

State Bank of India(SBI) operates one main branch in Dubai in the Dubai International Financial Center and operates via a representative office in Abu Dhabi. These branches cater to a host of banking, and other services for NRIs/OCIs and foreign expat populations in UAE.

Also read: List of Indian Banks in UAE: Address, Contact Details

SBI Bank Branch in Dubai

Given below is the address of SBI Bank Dubai Branch:

Also read: List of Indian Banks in Dubai: Address, Contact Details

SBI Bank Branch in Abu Dhabi

Given below is the address of SBI Bank Abu Dhabi Branch(Representative Office):

Also read: List of Indian Banks in Abu Dhabi: Address, Contact Details

SBI NRI Account Opening in UAE

State Bank of India offers an NRI account opening facility for NRIs and OCIs living in the UAE. You can open an NRI savings bank account or an NRI fixed deposit account. When you transfer your foreign earnings to an NRI account, it is converted into Indian Rupees.

Non-resident Indians and overseas citizens of India can open two types of NRI bank accounts – NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts – to park their foreign and Indian earnings. 

You can open an SBI NRE account to save and manage your foreign earnings in India. Funds in an NRE account are not taxed in India and can be repatriated abroad without any restrictions. You can deposit funds in an SBI NRO account if you get income from resources in India, such as rental income, pension, dividends, etc. Funds in an NRO account are subject to taxes and there are restrictions on repatriation. 

Also read: Bank of Baroda UAE Branches List: Address, Contact Details

How to open SBI NRI account in UAE

You can apply for an SBI NRI account opening in Dubai online or by visiting a branch. 

1. Online NRI account opening 

Following are steps to open an SBI NRI account online from Dubai:

• Go the NRI account opening page and click on ‘Apply Now’ button.
• Fill up the customer information in the SBI NRI account opening form online.
• Get your application and other documents attested. 
• Send the account opening application and documents to the Global NRI Centre in India.

2. Apply for SBI NRI account at SBI branch

State Bank of India’s representative office in Dubai offers an instant NRI account facility. Here are the steps to apply for an SBI NRI account at the SBI branch in Dubai.

• Download the NRI account opening application form.
• Fill out the NRE/ NRO savings bank account form manually and submit it to the SBI Dubai branch.
• You will get the SBI NRE/ NRO savings bank account number there itself on submission of the application. 
• Your account will be activated within 2 to 3 working days. 

Also read: 

• SBI NRI Account Opening in Qatar: Seamless and Hassle-free

• SBI NRI Account Opening in Dubai: Easy and Simple Way

Apply for NRI Account Opening through SBNRI App

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:

1. Download the SBNRI app from either the Google Play Store or the App Store.
2. Log in to the app using your credentials.
3. Tap on the “Open NRI account” button and choose the desired bank from the provided list.
4. Utilize the in-app scanning feature to scan and upload your KYC documents.
5. 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.

State Bank of India UAE: Minimum Balance

SBI NRI account minimum balance in NRE and NRO account should be Rs. 1 lakh for metro and urban areas and Rs. 50,000 for semi-urban and rural areas.

SBI NRI Services

State Bank of India offers a comprehensive range of banking services specifically tailored for NRIs. The following are the banking and investment services provided by SBI branches for NRIs:

NRI account

• NRE and NRO savings/ current accounts
• NRE, NRO, RFC, and FCNR fixed deposits
• NRI family card
• NRI Demat account at SBI
• SBI Amrit Kalash FD
• SBI Securities NRI Trading account

Loans for NRIs

• SBI NRI home loan
• Car loan
• Loan against deposits
• Overdraft against FD

Investment options of NRIs

• SBI Mutual Funds for NRIs 
• Insurance
• Equity trading
• PIS Scheme
• NPS for NRIs

Remittances

• Remittance to India
• Remittance from India

Contact SBNRI 

SBI operating in the UAE offers 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/OCIs living in the UAE 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.

Open NRI Bank Account Now

FAQs

Is SBI available in Abu Dhabi?

• Yes, State Bank of India has a representative office in Abu Dhabi where you can open your NRI account. 

Is SBI available in Dubai?

• Yes, State Bank of India has a branch office in Dubai where you can open your NRI account. 

Can NRIs open bank accounts in the UAE?

• Yes, NRIs living in the UAE can open Indian bank account provided they have necessary documents. They can apply for the NRI account opening in UAE in online as well as offline mode.

Does SBI Bank have international branches?

• Yes, SBI Bank has dedicated international branches and a presence in 22 countries outside India with over 191 overseas offices including branches, and representative offices.

Does SBI work in UAE?

• Yes, SBI Banks works in UAE. The two SBI branches in UAE are located at Dubai and Abu Dhabi where NRIs/OCIs can get banking services.

Can I use SBI debit card in Dubai?

• Yes, SBI international debit cards can be used in Dubai where acceptable. 

What is the minimum balance required in an SBI NRI account?

• You need to maintain the minimum balance in SBI NRI account i.e. Rs. 1 lakh for metro/ urban areas and Rs. 50,000 for semi-urban and rural areas, to avoid the charges for non-maintenance of minimum average balance.

What is the eligibility for SBI NRI account opening from Dubai?

• The following individuals can apply for SBI NRI savings account: 
  1. NRIs and PIOs as per FEMA definition.
  2. Seafarers of Indian nationality/origin.
  3. Employees of the Indian government with Diplomat passports.
  4. Students pursuing studies in foreign countries.

Do NRIs need to pay tax on the interest earned on SBI NRI savings account?

• Interest earned on an NRE (Non-Resident External) account is not taxed in India. However, NRO (Non-Resident Ordinary) accounts are taxable