Singapore, a global financial hub, is home to a significant Indian expatriate population. With its strategic location and thriving economy, Singapore serves as a key destination for Indian professionals, students, and businesses. Recognizing the growing need for financial services tailored to Non-Resident Indians (NRIs), several Indian banks have established branches in Singapore. These banks provide essential services like remittances, NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts, and investment opportunities to maintain financial ties with India.
This article will guide you through the Indian Bank’s presence in Singapore, list its branches, and explain how NRIs can open an account through iNRI.
How Many Indian Bank Branches Are There In Singapore?
Singapore has a considerable presence of Indian banks, offering specialized services for NRIs. While the exact number of branches may vary, the major banks ensure their services are easily accessible to cater to the diverse financial needs of the Indian diaspora in Singapore.
There are 12 Indian bank branches in Singapore -
List of Indian Bank Branches in Singapore
The address details of each of the Indian bank branches in Singapore are as follows -
SBI Bank Branch in Cecil Street, Singapore
139 Cecil Street, #01-01, YSY Building, Singapore 069539
Phone Number: (65) 6506 4215
Working Hours: Mon to Fri: 10:00 am to 05:00 pm, Saturday: 09:30am to 12:30pm
(Sunday closed)
SBI Bank Branch in Ang Mo Kio, Singapore
Block 710A Ang Mo Kio Avenue 8, #01- 2633, Singapore 561710
Phone Number: (65) 6506 4255
Working Hours: Mon to Fri: 10:00 am to 05:00 pm, Saturday: 09:30am to 12:30pm (Sunday closed)
SBI Bank Branch in Jurong Gateway Road, Singapore
Jurong East Branch
Block 130 Jurong Gateway Road, # 01-233, Singapore 600130
Phone Number: (65) 6506 4277 "Mon – Fri: 10.00am to 5.00pm
Working Hours: Mon to Fri: 10:00 am to 05:00 pm, Saturday: 09:30am to 12:30pm (Sunday closed)
SBI Singapore Little India Branch
Block 677 Rangoon Road, (Opposite Farrer Park, MRT Exit A) #01-02 Singapore 210677
Phone Number: (65) 6506 4211
Working Hours: Tuesday to Sunday: 1.00 pm to 07:00 pm, (Monday closed)
SBI Bank Branch in Marine Parade Central, Singapore
Block 83 Marine Parade Central # 01-564 Singapore 440083
Phone Number: (65) 6506 4266
Working Hours: Mon to Fri: 10:00 am to 05:00 pm, Saturday: 09:30am to 12:30pm (Sunday closed)
ICICI Bank Branch in Singapore
ICICI Bank Limited, 9 Raffles Place, 50-01 Republic Plaza, Singapore 048619
Phone Number: 8001012553
Working Hours: Monday to Friday, 1100 hrs-1500 hrs, Closed on: Saturday, Sunday and Public Holidays
Axis Bank Branch in Singapore
9 Raffles Place, 16-20 Republic Plaza II, Singapore – 048619
Phone Number: 0065-65719229
Bank of Baroda Branch in Singapore
9, Raffles Place, #34-02 Republic Plaza, Singapore – 048619
Phone Number: (0065) 65367749
Bank of India Branch in Singapore
158, Cecil Street, 01, #02 Singapore 069545 (near Tanjong Pagar MRT)
Phone Number: 65-62220011
UCO Bank Branch in Singapore
Bharat Building, Level 4, Raffles Place, Singapore – 048617
Phone Number: 65325944 EXT 241
Indian Overseas Bank Branch in Singapore
CECIL STREET, Indian Overseas Bank, 64, Cecil Street, IOB Building, Singapore – 049711
Phone Number: 65 6225 1100
Indian Bank Branch in Singapore
3 Raffles Place, Bharat Building, Singapore 048617
Phone Number: (65) 6534 3511
How To Open An Indian Bank Account In Singapore If You Are An NRI?
NRIs in Singapore can easily open an Indian bank account to manage their finances in India. Indian banks in Singapore provide NRE and NRO accounts, enabling NRIs to handle income, savings, and remittances efficiently.
Steps to Open an Account at a Branch
- Visit the nearest Indian bank branch in Singapore.
- Submit the required documents, including:some text
- A valid passport and visa
- Proof of residence in Singapore
- Passport-sized photographs
- Complete the account opening form with accurate details.
- Once the documents are verified, your account will be activated.
For those seeking a more convenient alternative, iNRI offers an entirely online solution for opening NRE/NRO accounts.
How Can iNRI Help?
iNRI simplifies the process of opening an NRE or NRO account by providing a hassle-free, online solution. This eliminates the need for physical visits to a branch and reduces paperwork.
Steps to Open an NRE/NRO Account Through iNRI
- Visit the iNRI Portal
Navigate to the NRE/NRO account page on iNRI’s website. - Submit the Interest Form
Fill out the form with your basic personal details to express your interest. - Make the Payment
After submitting the form, complete the payment to proceed. - Receive Documentation Assistance
iNRI will connect you with a documentation partner via email to guide you through the process. - Fill Out the Application Form
Complete the account opening form with the assistance of your documentation partner. - Upload Required Documentation
Follow the instructions to upload necessary documents, such as proof of identity, overseas address, and financial details. - Account Activation
Your NRE/NRO account will be activated within 30 working days after document verification.
iNRI provides an efficient and hassle-free online process, enabling NRIs to manage their banking needs without the inconvenience of visiting a branch in Singapore.
Frequently Asked Questions (FAQs) - Indian Bank Branches in Singapore
Is State Bank of India (SBI) Branch available in Singapore?
Yes, there are 5 SBI bank branches available in Singapore,
The address details are as follows
- SBI Cecil Street Branch: 139 Cecil Street, #01-01, YSY Building, Singapore 069539
- SBI Ang Mo Kio Branch: Block 710A Ang Mo Kio Avenue 8, #01- 2633, Singapore 561710
- SBI Jurong Gateway Road Branch: Jurong East Branch, Block 130 Jurong Gateway Road, # 01-233, Singapore 600130
- SBI Singapore Little India Branch: Block 677 Rangoon Road, (Opposite Farrer Park, MRT Exit A), #01-02, Singapore 210677
- SBI Marine Parade Central Branch: Block 83 Marine Parade Central, # 01-564, Singapore 44008
Is Bank of Baroda Branch available in Singapore?
Yes, there is an Bank of Baroda branch available in Singapore,
The address details are as follows
9, Raffles Place, #34-02 Republic Plaza, Singapore – 048619
Is Bank of India Branch available in Singapore?
Yes, there is Bank of India branch available in Singapore,
The address details are as follows
158, Cecil Street, 01, #02, Singapore 069545 (near Tanjong Pagar MRT)
Is ICICI Bank Branch available in Singapore?
Yes, there is an ICICI bank branch available in Singapore,
The address details are as follows
ICICI Bank Limited, 9 Raffles Place, 50-01 Republic Plaza, Singapore 048619
Is Axis Bank Branch available in Singapore?
Yes, there is an Axis bank branch available in Singapore,
The address details are as follows
9 Raffles Place, 16-20 Republic Plaza II, Singapore – 048619
Is UCO Bank Branch available in Singapore?
Yes, there is a UCO bank branch available in Singapore,
The address details are as follows
Bharat Building, Level 4, Raffles Place, Singapore – 048617
Is Indian Overseas Bank Branch available in Singapore?
Yes, there is an Indian Overseas bank branch available in Singapore,
The address details are as follows
CECIL STREET, Indian Overseas Bank, 64, Cecil Street, IOB Building, Singapore – 049711
Is Indian Bank Branch available in Singapore?
Yes, there is an Indian bank branch available in Singapore,
The address details are as follows
3 Raffles Place, Bharat Building, Singapore 048617
Can I open an NRI account in Singapore?
Yes, NRIs can open accounts with an Indian Bank account in Singapore. Options include NRE, NRO, and FCNR accounts designed for easy fund management and remittance.