State Bank of India (SBI) is an Indian multinational, public sector banking and financial services

company. It is a government-owned corporation with its headquarters in Mumbai,

Maharashtra. On 01.04.2017, State Bank of India, which is India's large Bank merged five of its
Associate Banks (State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of
Mysore, State Bank of Patiala and State Bank of Travancore) and Bharatiya Mahila Bank with
itself. This is the first ever large scale consolidation in the Indian Banking Industry. With the
merger, State Bank of India will enter the league of top 50 global banks with a balance sheet
size of 41 trillion, 277,000 employees, 500 million customers, and more than 22,500 branches
and 58,000 ATMs. SBI's market share will increase to 22 percent from 17 per cent.[3] It has 198
offices in 37 countries; 301 correspondents in 72 countries.[4] The company is ranked 232nd on
the Fortune Global 500 list of the world's biggest corporations as of 2016.

The bank traces its ancestry to British India, through the Imperial Bank of India, to the founding,
in 1806, of the Bank of Calcutta, making it the oldest commercial bank in the Indian
subcontinent. Bank of Madras merged into the other two "presidency banks" in British India,
Bank of Calcutta and Bank of Bombay, to form the Imperial Bank of India, which in turn became
the State Bank of India in 1955. Government of India owned the Imperial Bank of India in 1955,
with Reserve Bank of India (India's Central Bank) taking a 60% stake, and renamed it the State
Bank of India. In 2008, the government took over the stake held by the Reserve Bank of India.

State Bank of India is a banking behemoth and has 20% market share in deposits and loans
among Indian commercial banks.

SAFE DEPOSIT LOCKER

For the safety of your valuables, we offer safe deposit locker facility at a large number of our branches. There is a
nominal annual rent, which depends on the size of the locker and the centre at which the branch is located. The rent
is payable in advance for the Financial Year. A copy of the locker agreement regarding operation of the locker can be
provided to the locker hirer at the time of allotment of the locker.
It is always beneficial to avail the benefits of nomination facility/ survivorship clause provided to locker-hirers. The
major advantage of availing these facilities is that in the event of unfortunate death of one of the joint locker-hirer, the
right to the contents of the locker does not automatically devolve on the surviving joint locker-hirer/ nominee (s),
unless there is a survivorship clause/ nomination.
The instructions/ policies/ procedures for giving access of the locker to the nominee(s) / survivor (s)/ Legal Heir(s) of
the deceased locker hirer are furnished below.
Access to the Safe Deposit Lockers to Survivor(s)/ Nominee(s)/ Legal heir(s) (with
survivor/nominee clause):
(a) If the sole locker hirer nominates a person, Bank normally allows access of the locker to such nominee and liberty
to remove the contents of the locker in the event of the death of the sole locker hirer.In case the locker was hired
jointly with the instructions to operate it under joint signatures and the locker hirers nominate one or more person(s)
as nominee(s), in the event of death of any of the locker hirers, Bank normally gives access of the locker and the
liberty to remove the contents jointly to the survivor(s) and the nominee(s).In case the locker was hired jointly with
survivorship clause and the hirers instructed that the access of the locker should be given over to 'either or survivor,
'anyone or survivor,' 'former or survivor' or according to any other survivorship clause, Bank normally follows the
mandate in the event of the death of one or more of the locker hirers.However, Bank normally takes the following
precautions before handling over the contents.
ATM SERVICES

STATE BANK ATM SERVICES

State Bank offers you the convenience of 43,000+ ATMs in India, the largest network in the
country and continuing to expand fast! This means that you can transact free of cost at the
ATMs of State Bank Group using any State Bank ATM-cum-Debit Card (This includes the ATMs
of State Bank of India as well as the Associate Banks - namely, State Bank of Bikaner & Jaipur,
State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of
Travancore.)

KINDS OF CARDS ACCEPTED AT STATE BANK ATMs

You can also use your debit card to make payments for purchases at more than 6 lakh merchant
establishments viz. shops, restaurants, shopping malls, hotels, petrol pumps and many other
outlets.

ATM Features:

Use the Banking' option on State Bank ATMs and enjoy a host of services:

Cash Withdrawal

The most popular service on our ATMs enables customers to withdraw up to a daily limit of Rs.
40,000/- (limit on Classic Debit Card. Higher value cards permit daily withdrawal limits of up to
Rs. 1 lakh per day)

Fast Cash

A service which enables you to withdraw your preferred amounts with just a touch. The options
in the denomination of 100, 200, 500, 1000, 2000, 3000, 5000, 10,000 are available.

Pin Change

Use this service to change your password at regular intervals.

Ministatement

Keep track of the transactions in your account by availing this service. Mini-statement gives you
an insight into the last 10 transactions in your account.
Use the Transfer option on State Bank ATMs and avail of:

Card to Card Transfer

Send cash in a flash from one SBI Debit Card to the other. Using this free and easy service, you
can transfer up to Rs.40,000/- per day instantly to your loved ones. There is no limit on number
of transactions. The limit of Rs.40,000/- per day will be common across the C2C and Card to
Account facility. All you need is your SBI debit card, your pin and the beneficiary's debit card
number.

Credit Card Payment (Visa)

Use this service to pay the bill of any Visa credit card. Use the 'Services' option on State Bank
ATMs and avail of:

Credit Card Payment

Make a paperless payment of your SBI credit card bill.

SBI Life Premium Payment

Pay your SBI Life insurance premium payment using any of our ATMs.

Mobile Top-up

Talk non-stop and recharge your mobile prepaid connection from any of our 43000+ ATMs. A
popular service amongst customers, it ensures you never run out of time to catch up with your
dear ones over the mobile network.

Cheque Book Request

Order your cheque book without visiting the branch or filling in any transaction slips.
Remember to update your registered address in the branch as the cheque book will be
delivered at the address registered in the branch.