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Are you a non-resident or an American citizen looking for information on Indian banks with branches in the USA? We've put together a comprehensive list of the most well-known Indian banks operating in the United States.
The United States stands as a top choice for Indians engaging in business, employment, or education. Several Indian banks have expanded their services to the US, providing a vital link between the two nations. Notable among these are the State Bank of India, ICICI Bank, and Bank of Baroda, which operate via overseas branches, subsidiaries, or representative offices. They offer a plethora of banking and investment services tailored to both US citizens and Non-Resident Indians (NRIs) in the US. Below is an expansive list of these banks and their US branches and locations.
List of Indian Banks in the USA
- State Bank of India (SBI): Operating with 3 branches and 1 representative office.
- ICICI Bank: Offers services through 1 branch and 2 representative offices.
- Canara Bank: Has 1 branch in the US.
- Bank of Baroda: Also operates 1 branch in the US.
- Bank of India: Has established 2 branches on American soil.
Detailed Branch Information
State Bank of India US Branches
- New York Branch
- Address: 460 Park Avenue, New York, N.Y., 10022, USA
- Business Hours: Monday to Friday, 9:00 AM–5:00 PM
- Closed on Saturday and Sunday
- Phone: 212-521-3200
- Email: sbi.nyb@statebank.com
- SWIFT Code: SBINUS33
- Chicago Branch
- Address: 19 South La Salle Street, Suite # 200, Chicago, Illinois, 60603-1467, USA
- Phone: 312-621-1200
- Email: sbi.chicago@statebank.com
- SWIFT Code: SBINUS44
- Los Angeles Branch
- Address: 707 Wilshire Blvd., Suite # 1995, Los Angeles, California – 90017, USA
- Phone: 213-627-7350
- Email: ceo.laa@statebank.com
- SWIFT Code: SBINUS66
- Washington DC Representative Office
- Address: 1200, 17th Street, NW, Suite 205, Washington D.C. 20036
- Email: rep.washington@statebank.com
ICICI Bank US Branch and Representative Offices
- New York (Branch)some text
- Address: 575 FIFTH AVE 26TH FLOOR NEW YORK, NY 10017 USA
- Phone: 1-646-827-8450
- Email: usaccountmanager@icicibank.com
- California Representative Office
- Address: 844 East El Camino Real, Suite B1, Sunnyvale, CA 94087
- Phone: 1-408-769-4311
- Email: californiarep@icicibank.com
- Texas Representative Office
- Address: 8305 Preston Road, Suite 400C, Plano, TX 75024
Canara Bank New York Branch
- New York
- Address: SUITE NO – 1170, 11TH FLOOR, 805,3RD AVENUE, NEW YORK NY 10022, U.S.A.
- Phone: 0016467600495
- Email: cbnyc@canarabank.com
Bank of Baroda New York Branch
- New York
- Address: One Park Avenue New York, NY 10016 USA
- Phone: (001) 212-578-4550
- Email: newyor@bankofbaroda.com and ce.usa@bankofbaroda.com
Bank of India US Branches
- New York Branch
- Address: 277, Park Avenue New York NY 10172-0083 U.S.A.
- Phone: 001212-753-6100
- Email: BoiNy@bankofindia.co.in
- SWIFT Code: BKIDUS33
- San Francisco Branch (Agency)
- Address: 555 Mission Street Suite # 1875 San Francisco CA – 94105
- Phone: 001415-956-6326
- Email: boisfa@aol.com
NRI Account Options and Interest Rates for Indians in USA
The following banks offer NRI Account facilities with competitive interest rates:
SBI
- Interest rates vary from 2.70% for balances less than Rs. 10 crore to 3.00% for balances above.
- The minimum monthly balance requirement ranges from Rs. 1 lakh in metro and urban areas to Rs. 50,000 in semi-urban and rural areas.
ICICI Bank
Offers 3% interest for balances below 50 Lakhs and 3.50% for those above, with a minimum balance requirement of Rs. 10,000.
HDFC Bank, Axis Bank, HSBC Bank, YES Bank, Bank of Baroda, and Kotak Bank
These banks have their own set interest rates and minimum balance requirements, providing various options for NRIs in the USA.
The Bottom Line!
Indian banks such as the State Bank of India, ICICI Bank, Canara Bank, Bank of Baroda, and Bank of India offer extensive banking services in the United States, catering to the diverse needs of Non-Resident Indians (NRIs) and Americans alike. These institutions provide a critical financial bridge between India and the US, facilitating seamless transactions and financial services. With branches and representative offices strategically located across major US cities, these banks ensure that NRIs have convenient access to their accounts and can efficiently manage their financial obligations in both countries. Whether you're seeking to open an NRI account or need specialized banking assistance, these banks stand ready to support your financial journey in the USA.
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