State Bank of India (SBI) Review 2024: IFSC Code, Balance Check, Share Price | Money Quicks

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State Bank Of India (SBI)

State Bank of India (SBI) is one of the largest and oldest commercial banks in India. Here are key details about State Bank of India:

1. Overview

State Bank of India (SBI) is a public sector bank and the largest commercial bank in India in terms of assets, deposits, branches, customers, and employees. It was established on July 1, 1955, through the nationalization of the Bank of Calcutta, Bank of Bombay, and Bank of Madras.

2. Services

SBI offers a wide range of banking and financial services, including savings and current accounts, fixed deposits, personal loans, home loans, vehicle loans, credit cards, business loans, agricultural loans, and trade finance services. It also provides various investment and insurance products.

3. Digital Banking

SBI provides extensive online banking services and a mobile banking app, allowing customers to perform transactions, pay bills, transfer funds, and manage their accounts through digital platforms.

4. International Presence

SBI has a significant international presence with branches and subsidiaries in various countries. It offers services such as remittances, NRI banking, foreign currency accounts, and international trade financing.

5. ATM Network

SBI has a vast network of ATMs across India, allowing customers to access cash and other banking services conveniently.

6. Corporate Social Responsibility (CSR)

SBI is involved in various CSR initiatives, focusing on education, healthcare, sanitation, skill development, and community development.

7. Financial Inclusion:

SBI participates actively in financial inclusion initiatives, offering banking services to unbanked and underprivileged communities. It operates various financial literacy programs and facilitates government schemes in rural areas.

8. Awards and Recognition

SBI has received numerous awards and accolades for its banking services, customer satisfaction, and innovation.

State Bank of india IFSC Code, Balance Check, Share Price

As of my last update in September 2021, here’s some general information about State Bank of India’s (SBI) IFSC code, balance check methods, and accessing share prices. Please note that specific details and procedures might have changed since that time, so it’s advisable to visit the official State Bank of India website or contact their customer service for the most up-to-date information.

1. SBI IFSC Code

IFSC (Indian Financial System Code) is an alphanumeric code used to identify bank branches participating in various electronic funds transfer systems in India, including NEFT (National Electronic Funds Transfer) and RTGS (Real-Time Gross Settlement). You can find the IFSC code of your specific SBI branch on your bank’s cheque book or on the official SBI website. You can also find it on the Reserve Bank of India’s website or various online IFSC code directories.

2. Balance Check

SBI offers several methods to check your account balance, including

Internet Banking: You can check your account balance online through SBI’s internet banking portal.
Mobile Banking: SBI provides mobile banking apps that allow you to check your balance and perform other banking tasks on your smartphone.

ATM: You can use any SBI ATM to check your account balance.
SMS Banking: SBI offers SMS banking services where you can send a specific SMS code to check your balance.
Missed Call Service: SBI provides a missed call service. You can give a missed call from your registered mobile number to a specific number provided by SBI, and you will receive an SMS with your account balance.

3. SBI Share Price

To check the current share price of State Bank of India or any other company, you can use financial news websites, stock market apps, or the official website of stock exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE). These platforms provide real-time stock prices, historical data, and other relevant information about publicly traded companies.

Please note that specific services, interest rates, and terms may change over time. For the most accurate and up-to-date information about State Bank of India’s offerings, it’s recommended to visit the official State Bank of India website or contact their branches or customer service directly.

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