Q. What are different methods of sending money to India?
A. You can send money to India using our i) Wire transfer ii) Instant transfer or iii) Drafts.

Q. Can I send money to any bank or should it be to SBI only?
A. You may send money using Instant Credit to beneficiary’s bank account with any of the 14000  branches of State Bank of India and its group banks and NEFT/FTGS enabled branches of other banks in India. The charge is only $8.00.

Q. How many days would it take to transfer money to India?
A. It takes usually 1 business day in case of remittance using Instant Credit.

Q. Is it necessary to come to the bank for sending remittance?
A. No. it is not necessary. You may mail us your check together with the service charges along with the instructions. SBIC customers can also use our internet banking facility for requesting the remittance and pay a charge of only $5.00.

Q. Do I need to have an account for sending Drafts/Wire Transfers?
A. No. Even if you do not have an account with SBIC you can send remittance through us either by visiting one of our branches or mailing your check together with service charges, your instructions and one copy of an acceptable photo ID to one of our branches.

Q. Any concessions to seniors?
A. Remittances by seniors are free.