Remittance Services

Send money to India, from anywhere!

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Get 50 Paisa Better on Your First Remittance!

In an exclusive offer for new customers, you can receive 50 paisa better on your first online transfer up to $3,000* - just use promo code WELCOME50 when you initiate your transfer. Offer applies to new online account openings only. 

  • Today's Standard Exchange Rate (up to $10,000): 83.34

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Sending Money to India is Now Faster and Easier

At State Bank of India (California), we offer top-tier remittance services for your convenience. Our aim is to make money transfers easy, efficient and economical for you.

Offering highly attractive and competitive exchange rates from US Dollars to Indian Rupees, we ensure you receive the maximum possible value for your money. This allows you to make the most out of your personal and business transactions.

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The SBI California Difference

Discover the wealth of features and benefits that our remittance services offer. We take pride in delivering a service that is not only fast and convenient but also simple, secure and cost-effective. 

• One of the FASTEST ways to send money to India - receive transfers generally within a few hours

• Three convenient ways to send transfers: Online, SBIC Mobile App, or at any SBIC Branch

• No transfer fees on any transfer amount completed via SBIC Mobile App or Online Remittance Service up to the daily limits

• Open a remittance registration account with only $10

Open a Remittance Registration Account

Daily Remittance Limits

Online

Mobile

In Branch 

$50,000 per day*

$25,000 per day**

No Limit

For questions concerning SBIC Remittance Services contact us at 1-877-707-1995 (Mon-Fri, 8:00 AM to 4:30 PM PST) for assistance.

 

You can cancel your Remittance transfer Online or through the Mobile App, or by calling 1-855-215-0903 for a full refund within 30 minutes from when you submitted your remittance. If you think there has been an error or problem, please call us at 1-877-707-1995 within 180 days of the Remittance transfer in question. For Personal Accounts Only (non-Business). Please Note:  *An account with SBIC is required to send remittance. Promotion applies to SBIC’s standard exchange rate. Promo code is redeemable online only, applicable once and cannot be combined with another offer. For accounts opened online, the remittance limit is $25,000.00 per day and $50,000.00 per month. For accounts opened at one of our branches, the limit is $50,000.00 per day. Online remittances above $35,000.00 may take up to 1 to 2 additional business days to receive credit in beneficiary account. Mobile remittance limit is $25,000.00 per day and $50,000.00 per month. The Bank considers "per day" from 12:00:00 AM PST to 11:59:59 PM PST on the same calendar day and considers "per month" as any 30 consecutive days. SBIC makes money when it converts one currency to another for you. The exchange rate provided to you is set by SBIC in its sole discretion, and it includes a markup.

**Mobile remittance limit is $25,000.00 per day and $50,000.00 per month.

Additional fees/charges may apply. For remittances above $10,000 and for any changes made to beneficiaries, you will receive a verification call. Call charges may apply depending on your carrier. For details and pricing for Remittances initiated in-branch, please see the Business Banking Schedule of Fees and Charges or Personal Accounts Schedule of Fees and Charges, as applicable.

 

 

 

 

 

 

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