The United Kingdom has long been a hub for the Indian diaspora, fostering deep economic and cultural ties with India. With a growing NRI population and increasing cross-border financial transactions, Indian banks have established a strong presence in the UK to cater to the banking needs of individuals and businesses. From facilitating seamless remittances to offering tailored financial products, Indian banks provide essential services that help NRIs manage their finances effortlessly.
This article explores the Indian banks operating in the UK, their branches, and the services they offer to Non-Resident Indians (NRIs), ensuring easy access to banking solutions abroad.
How Many Indian Bank Branches Are There in the UK?
Currently, several Indian banks operate branches in the UK, catering to both residents and NRIs. These branches provide a range of banking services, including remittances, business banking, and personal financial solutions. They primarily serve the Indian diaspora, businesses, and individuals with financial ties to India.
List of Indian Bank Branches in the UK
Here are the details of the Indian bank branches operating in the UK:
How to Access Indian Bank Branches in the UK?
For Indians residing in the UK, accessing Indian bank branches for various banking needs is simple and convenient. Whether you need to open an account, transfer funds, or manage investments, Indian banks in the UK provide tailored services to meet your requirements. Several leading Indian banks, including ICICI Bank, SBI, PNB, Bank of Baroda, and HDFC Bank, operate branches across the UK, offering seamless banking solutions.
Services Offered by Indian Banks in the UK
Indian banks in the UK provide a range of banking services for individuals and businesses, including:
- NRI Account Services: Open and manage Non-Resident External (NRE) and Non-Resident Ordinary (NRO) accounts.
- Remittance Services: Send money to India quickly and securely.
- Fixed Deposits: Avail attractive interest rates on deposits in GBP and INR.
- Loan Facilities: Get home loans, personal loans, and business loans.
- Corporate Banking: Business accounts, trade finance, and investment options for companies.
- Wealth Management: Financial advisory and investment solutions for NRIs and UK residents.
How to Open an Account at an Indian Bank Branch in the UK?
For NRIs and residents in the UK, opening a bank account with an Indian bank branch is a hassle-free process, whether done in person or online. Various Indian banks such as State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB), and ICICI Bank offer tailored banking solutions for NRIs and UK residents.
Indian banks in the UK provide two primary account types for NRIs:
- Non-Resident External (NRE) Account: Ideal for managing income earned outside India with full repatriation benefits.
- Non-Resident Ordinary (NRO) Account: Best for handling income earned in India, such as rent, dividends, or pensions.
Opening an Account at a Physical Branch
For those who prefer to visit a branch, the standard procedure includes:
- Submitting an Application Form
- Fill out and sign the bank’s application form.
- Providing Identity Proof
- Submit a copy of a valid passport or UK residence permit.
- Address Proof Submission
- Documents such as UK utility bills, tenancy agreements, or bank statements may be required.
- Supporting Financial Documents
- Some banks may request income proof or financial records for verification.
- Passport-Sized Photographs
- Provide recent photographs as per bank guidelines.
- Initial Deposit (If Applicable)
- Some banks require an initial deposit to activate the account.
How Can iNRI Help?
For those who cannot visit a branch, digital banking platforms simplify the account opening process with online applications and document submissions.
Steps to Open an Account Online
- Visit the Bank’s Online Portal
- Navigate to the respective bank’s NRE/NRO account page.
- Submit the Interest Form
- Complete an online form with your personal details to start the process.
- Make the Payment (If Required)
- Some banks may require a fee for account processing.
- Receive Documentation Assistance
- After verification, a bank representative or documentation partner will assist with the next steps.
- Complete the Application Form
- Fill out the application as per the bank’s instructions.
- Upload Required Documents
- Provide digital copies of identity proof, overseas address proof, and financial documents.
- Account Activation
- Once verified, your account should be operational within 30 working days.
Frequently Asked Questions: Indian Bank Branches in the UK
1. Is there a PNB branch in London?
Address: 1-5 Moorgate, London EC2R 6JH
Phone Number: +44 20 7796 9600
Working Hours: Mon-Fri: 9:00 AM – 5:00 PM
2. Is there a PNB branch in Birmingham?
Address: 211 Soho Road, Birmingham B21 9SX
Phone Number: +44 121 523 4500
Working Hours: Mon-Fri: 9:00 AM – 5:00 PM
3. How can I contact PNB UK customer service?
You can reach PNB UK customer support via:
- Phone: +44 20 7796 9600
- Email: Visit the PNB UK website for email support.
4. Is there a PNB branch in Leicester?
Address: 58 Melton Road, Leicester LE4 5EB
Phone Number: +44 116 261 0900
Working Hours: Mon-Fri: 9:00 AM – 5:00 PM
5. Is there a PNB branch in Southall?
Address: 128 The Broadway, Southall UB1 1QF
Phone Number: +44 20 8813 2222
Working Hours: Mon-Fri: 9:00 AM – 5:00 PM
6. Is there an SBI branch in London?
Address: 15 King Street, London, EC2V 8EA
Phone Number: +44 20 7454 4338
Working Hours: Mon-Fri: 9:00 AM – 5:00 PM
7. Is there an SBI branch in Birmingham?
Address: 57-59 Newhall Street, Birmingham B3 3RB
Phone Number: +44 121 233 3610
Working Hours: Mon-Fri: 9:00 AM – 5:00 PM
8. Is there a Bank of Baroda branch in Leicester?
Address: 92 Belgrave Road, Leicester LE4 5AT
Phone Number: +44 116 266 2976
Working Hours: Mon-Fri: 9:00 AM – 5:00 PM
9. Is there a Bank of India branch in Glasgow?
Address: 1 Somerset Place, 169 Elderslie Street, Glasgow G3 7JT
Phone Number: +44 141 352 6989
Working Hours: Mon-Fri: 9:00 AM – 5:00 PM
10. Is there an ICICI Bank branch in Wembley?
Address: 49 Ealing Road, Wembley HA0 4BA
Phone Number: +44 20 8795 6677
Working Hours: Mon-Fri: 9:00 AM – 5:00 PM
