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Company Profile

State Bank of Indore

Indore, Madhya Pradesh, India

Finance Products - Services,
Public. Ltd. Firm Since 0

State Bank of Indore popularly known as Indore Bank in Malwa Region, originally known as Bank of Indore Ltd. Was incorporated under a special charter of His Highness Maharaja Tukojirao Holker-III, the then ruler of this region.
In terms of State Bank of India (Subsidiary Banks) Act, 1959 the Bank of Indore Ltd. Became a subsidiary of State Bank of India w.E.F. 1st January 1960 and was renamed as State Bank of Indore
The Bank acquired business of The Bank of Dewas Ltd. In 1962 and The Dewas Senior Bank Ltd. In 1965 and was up-graded to class 'A' category bank in 1971. Ever since the Bank has been making steady progress and during the year 2004-2005 the business turnover has crossed Rs.23000 crore.

Products :
Cross Selling: SBI Life, General Insurance, Mutual Fund, Credit Cards, Edu Shield, Money Back Policy, Shakti, Franklin Templeton Mutual Fund. Personal Segment: Housing Loan Scheme, Car Loan Scheme, Personal Loan Scheme, Festival Loan Scheme, Two Wheeler Loan Scheme, Education Loan, Loan against Mortgage of Immovable Property, Medical Loan, Loan against Pledge of Gold Ornaments, Loan to Pensioners, Loan for Earnest Money for Allotment of Plot/House/Flat. SIB Segment: Indore Bank Laghu Udyami, Credit Card Scheme, Professional Plus, Doctor Plus, Artisans Credit Card Scheme, Indore Bank Shoppe, Swarojgar Credit Card Scheme. Agriculture Segment: Krishi Plus, Herbal Plus, Arhatia Plus, Dairy Plus, Capital Investment Subsidy Scheme for Construction/ Renovation of Rural Godowns, Financing of Rain Water Harvesting Structures in Madhya Pradesh/Chattisgarh, Scheme for Financing Farmers for purchase of Land for Agricultural Purpose, Kisan Gold Card Scheme, Kisan Credit Card Scheme, Finance for construction of Farmer's Godown, Finance for setting up Agri Clinics & Agri Business Centers. C&I Segment: Mortgage Loan, School-Mitra, Rent Plus, Advances against Shares, debentures, units of Mutual, Funds and Public Sector Bonds, , Advances against Warehouse, Receipt to Traders, Flexi Loan, Financing to Private Builders, Financing to Construction, Contractors, Standby Line of Credit. SSI Charter: International Banking: Services, Rupee EPC/PSC, Foreign Currency EPC/PSC, LC, Exporte'rs Gold Card Scheme.

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Contact Info

State Bank of Indore

Corporate Office,
5, Yeshwant Niwas Road
Indore - 452003 (Madhya Pradesh) India

Phone(s) : +91-731-2530976
Mobile :
Fax :


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