State Bank of Indore



Originally known as the Bank of Indore Ltd, the State bank of Indore is a Nationalized bank of India. The State bank of Indore is popularly known as Indore Bank in Malwa Region and it is a subsidiary body of the State bank of India. The economy of Indore is an expanding one and the State bank of Indore is an integral part of that growth. The State bank of Indore operates with certain objectives in mind, these include:

  • The State bank of Indore wants to maintain its position as a premier financial institution of Indore and serve their customers well.

  • The State bank of Indore contributes to all the facets of banking operations including, developmental, traditional and innovative

  • The State bank of Indore wants to secure its position as an important part of the State bank group

    Apart from the general banking operations, the banking activities of the State bank of Indore are multi- faceted and they touch every aspect of human life. The State bank of Indore has corresponding banking relationship with the important centers of International trade including Frankfurt, Hong Kong, Singapore, New York, London etc. The State bank of Indore provides advantages like the "Gold Card Scheme for Exporters" which allows the exporters to draw credit at a concessional term.

    The State bank of Indore also reaches out to the rural sectors and has special services for the agricultural segment. They provide credit and loans to the farmers and the Kisan Gold Card Scheme and the Kisan Credit Card Scheme are a part of their pioneering efforts.



    State Bank of India   State Bank of Bikaner and Jaipur




    Last Updated on 29th Nov 2012

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