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SBM TOWER
1, Queen Elizabeth II Avenue Port Louis, MAURITIUS
(+230) 202 1111
sbm@sbmgroup.mu
SBM Bank
SBM Bank is the first Foreign Bank to receive the license to set up universal banking business in India through Wholly Owned Subsidiary (WOS) mode.
India
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Savings Account
Start saving for the future with SBM’s Savings Account.
Term Deposit
Place your money for a fixed term and earn a higher rate of interest.
Recurring Deposit
An investment tool that allows you to make regular deposits and earn decent returns on your investment.
Current Account
Carry out withdrawals and deposits as you need, with current accounts that suit your business needs.
Home
Purchase your dream home with an easy financing solution featuring low interest rates and excellent levels of service.
NRE/NRO Account
Save your overseas and INR earnings with us.
Term Deposit
Place your money for a fixed term and earn a higher rate of interest.
Remittance Services
Transferring money has never been so easy.
Recurring Deposit Only in INR
An investment tool that allows you to make regular deposits and earn decent returns on your investment.
Resident Foreign Currency Account
NRE/NRO/FCNR Term Deposit
Trade Credit
An arrangement to buy goods and/or services without making immediate cash or cheque payments.
Imports Services
Manage risks related to trade flows with our import/export products.
Guarantee Services
SBM offers guarantee services for payments or project completion
Export finance
We help you release your working capital from cross-border trade transactions.
Bill discounting
SBM offers the possibility to buy the bill before it is due and credits the value of the bill after a discount charged to the customer’s account
Collection of Bills
We provide bill collection services whereby we handle financial and commercial documents in accordance with instructions received from the exporter.
LC Advising Facilities
An advising bank advises an exporter that a letter of credit opened by an issuing bank for an applicant is available.
FEATURED PRODUCTS AND SERVICES
India Indicative Exchange Rates
View the latest Indicative Exchange Rates
The rates are indicative only
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SBM Term Deposit
Highest Rate
Highest rate of 8.15% p.a. on SBM Term Deposit
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Corporate Banking
Fund based
Non-fund based
Personalised Services
Personalised Services
Free of charge speedy domestic remittance facility
Remittance Facilities
Remittance Facilities
Attractive Interest rate of 6.25% on SBM Savings Account

Our Branches

Mumbai
1st Floor Raheja Centre,
Free Press Journal Marg,
Nariman Point, Mumbai
400 021
: (+91) 022 43028888
Chennai
22A Cathedral Road,
Prince Arcade, 4th floor,
Chennai
600 086
: (+91) 044 28110943
Hyderabad
1st Floor, TSR Towers,
Raj Bhavan Road,
Somajiguda,
Hyderabad
500 082
: (+91) 040 23300782
Ramachandra Puram
25-35/13,
Pushpanagesh Landmark,
Ramchandra Reddy Nagar,
RC Puram
502 032
: (+91) 08455 297222