State Bank of India: verified facts and rating
Licensed since: 1806 Checked 2026-10-31
Score breakdown
96% backed by facts · How we rank
State Bank of India against the market
The dot is the company, the line is the median of all companies in this ranking.
Retail lines offered (of 6)666 · median 6
State Bank of India strengths and weaknesses
Pros
- Wide range of products for private customers
- Long track record as a licensed bank
- Member of a deposit protection scheme
- Holds its own current rating from a recognised agency
Cons
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All facts
| Fact | Value | Source | Checked |
|---|---|---|---|
| Licensed since | 1806 | sbi.bank.in | 2026-10-31 |
| Deposit protection | Yes | sbi.bank.in | 2026-10-31 |
| Agency rating | Yes | sbi.bank.in | 2026-10-31 |
| Annual reports online | Yes | sbi.bank.in | 2026-10-31 |
| Mobile app | Yes | sbi.bank.in | 2026-10-31 |
| Open an account online | Yes | sbi.bank.in | 2026-10-31 |
| Instant payments | Yes | sbi.bank.in | 2026-10-31 |
| 24/7 support | Not verified | — | |
| Retail lines offered (of 6) | 6 | sbi.bank.in | 2026-10-31 |
| Tariffs online | Yes | sbi.bank.in | 2026-10-31 |
| Deposit rates online | Yes | sbi.bank.in | 2026-10-31 |
| Complaints procedure published | Yes | sbi.bank.in | 2026-10-31 |
| Branches in the country | 23,321 | sbi.bank.in | 2026-10-31 |
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