State bank of india is also a commercial bank in india.
All facility of this bank is good but main draw back is slow process and not quick facilities is available. If u deposit some amount in other bank I think maximum 5 mint is enough for depositing money but in that bank maximum 29, 25 mints must.because slow process or rush.All time numbers off peoples are standing in counters.
mostly some people open account in that bank because this bank is ancient time and they faith more and more.
Phone banking facilities is also available or now they organise a application state bank buddy with the help of this application mostly 90% work will be done online in that application not need to go in bank.like phone number change easily.transfer easily money.FD make online etcetc.
one good think of that bank when u take personal loan from that bank. They apply intrest 12% per annum on that money in starting they apply 12% intrest. but when we pay loan.Then they apply intrest left of loan money.
example- we take loan 5 lakh then they apply 12 % intrest. if we return or pay 4 lakh then bank apply intrest only left 1 lakh not to whole 5 lakh.
But in some private or other bank they apply all time intrest and whole money those u return or not return both until not clear the loan.
so this facility is good for all people. On that facility some people confuse they can’t try to calculate or read the loan terms and condition on that time they feel sbi bank loan rate are high. But in actually comparision to other bank not high rates. mostly all over india ATM machines are available or ATM facilty is also good.
Mostly 90% person account was in that bank.
Over all that bank is good.
main draw back is slow proces.