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Old 10th October 2016, 06:13 PM
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Default UAE Exchange SBI

I am doing MBA final year and preparing for the final year project report on the topic State Bank of India UAE want some details. Can you please provide me SBI UAE Exchange rate along with list of documents needed to open account in this bank also provide me contact details of bank?
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Old 10th October 2016, 06:39 PM
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Default Re: UAE Exchange SBI

State Bank of India was established in the year 1806 when the Bank of Calcutta (later called the Bank of Bengal).

SBI UAE Exchange rate:

1 INR = 0.0549 AED
1 AED = 18.2058 INR

Indian Rupee To UAE Dirham
100 INR = 5 AED
250 INR = 14 AED
500 INR = 27 AED
2500 INR = 137 AED
5000 INR = 275 AED
7500 INR = 412 AED
25000 INR = 1373 AED
1 million INR = 54930 AED

Documents required for opening accounts - Individuals

1. Completed Account Opening Form
2. Attested Copies of Passport
3. Attested Copies of identification documents
4. Latest Passport size photographs of all the deposit holders

Documents required for opening accounts - Corporates

1. Commercial Registration
2. Certificate of Registration
3. Memorandum and Articles of Association / Partnership Deed
4. Copies of official photo identity of authorised signatory(ies)
5. Latest Audited Balance Sheet
6. Fax Agreement
7. Board Resolution to open and operate account with SBI, DIFC, Dubai
8. Anti Money Laundering report if any.

Contact:


State Bank of India
709-710, Level 7, Gate Precinct Buildings 3
Dubai International Financial Centre
Dubai, United Arab Emirates
Post Box No: 482033
Phone: +971.4.3266675
Fax: +971.4.3544429
E mail:sbidifc@sbi.ae
Swift Code: SBINAEAD
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