State Bank Of India

BSE: 500112 | NSE: SBIN
Large Cap | Bank - Public
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SBI introduces digital facility for Non-Resident Indians

Date: 18-09-2023

State Bank of India has introduced a digital facility for Non-Resident Indians (NRIs) to effortlessly open NRE and NRO accounts (both savings and current accounts) through its mobile app YONO. This service is designed for NTB or 'new to bank' customers, providing them with ease and efficiency in the account opening process. 

This initiative fulfils a long-standing demand from NRI customers for a hassle-free way to open and manage their accounts in India. The bank has leveraged technology to create a seamless, digitized account opening process that ensures efficiency and accuracy, making it a one-stop solution for NRI banking needs.

State Bank of India (SBI) is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.