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State Bank of India vs ICICI Bank: which is better? Comparison 2026

By our public methodology State Bank of India scores 96 out of 100 and ICICI Bank scores 93. Below: the factors and facts where they differ, each fact with its source.

Banks in India 2026: a ranking built on verified facts How we rank

1

State Bank of India

96/100

3

ICICI Bank

93/100

Score breakdown

	State Bank of India	ICICI Bank
Safety	100	100
Digital services	86	86
Products	100	100
Transparency	100	83

Pros and cons

State Bank of India

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

ICICI Bank

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

Facts side by side

Fact	State Bank of India	ICICI Bank
Licensed since	1806 sbi.bank.in	1994 icici.bank.in
Deposit protection	Yes sbi.bank.in	Yes icici.bank.in
Agency rating	Yes sbi.bank.in	Yes icici.bank.in
Annual reports online	Yes sbi.bank.in	Yes icici.bank.in
Mobile app	Yes sbi.bank.in	Yes icici.bank.in
Open an account online	Yes sbi.bank.in	Yes icici.bank.in
Instant payments	Yes sbi.bank.in	Yes icici.bank.in
Retail lines offered (of 6)	6 sbi.bank.in	6 icicibank.com
Tariffs online	Yes sbi.bank.in	Yes icici.bank.in
Deposit rates online	Yes sbi.bank.in	Yes icici.bank.in
Complaints procedure published	Yes sbi.bank.in	Yes icici.bank.in
Branches in the country	23,321 sbi.bank.in	Not verified