History of State Bank of Bikaner And Jaipur :
State Bank of Bikaner and Jaipur was established in 1963 after amalgamation of erstwhile State Bank of Jaipur (established in 1943) with State Bank of Bikaner (established in 1944) as a subsidiary of State Bank of India. The Bank took over the business of the Govind Bank Pvt. Ltd. on 25.04.1966. The Bank's main area of operation is Rajasthan, with presence at all important centres in the country. The Bank has 844 branches consisting of 833 business branches, 8 service branches, 2 asset recovery branches and 1 treasury branch and has sponsored 3 RRBs.
The Bank follows transparent corporate governance policies and is preparing itself for smooth migration to Basel II. On technology front, during 2005-06, the Bank migrated all branches to Core Banking Solution (CBS). The Bank has installed 336 ATMs and all ATMs are the part of over 5500 ATMs of State Bank Group. Internet Banking has been extended to all our branches for retail customers and select branches for corporate customers. The Bank has rolled out Business Process Reengineering (BPR) initiatives to improve operational efficiency and better customer service and is committed to offer value added services to its customers.
The Bank has been earning profit continuously since its inception and the Bank's business crossed the level of Rs 49,245 crore with a net profit of Rs. 305.80 crore at the end of March,2007.
Chairman of SBBJ Bank : Shri O P Bhat
M. D. of SBBJ Bank : Shri S. K. Bhattacharyya
C.G.M. of SBBJ Bank : Shri M. Ramaswamy
Board of Directors of SBBJ Bank :
Shri S. Ramaswamy, Shri Y. Vijayanand, Shri Jiban Goswami, Shri S.A.Thimmiah, Shri Sanjay Niranwal, Dr. Sanjiv Agarwal, Shri Sanjay Bapna, Shri L.N. Jalani, Shri U. M. Sanghi, Shri M.K.Malhotra
SBBJ Bank Services :NRI Service : State Bank of Bikaner and Jaipur offers Non-Resident (Ordinary) account and Non-Resident (External) account in Indian Rupees, Foreign Currency (Non-Resident) Accounts in Pound Sterling, US Dollar, Japanese Yen, EURO, AUD & CAD for the under mentioned customers
Current Account Service : A Current account can be started with as low a sum as Rs. 5000/-. While no interest is paid, any number of cheques can be issued on the account.
Term Deposit Account : The minimum amount is only Rs. 1000/-. Interest is payable at quarterly intervals.
International Banking : International Banking services of State Bank of Bikaner & Jaipur are delivered for the benefit of its Indian customers, non-resident Indians, foreign entities and banks. Amongst the various services offered by us are Export finance by way of preshipment and postshipment finance,other consultancy services to exporters and importers,and services to domestic customers, overseas tourists, travelers by way of remittance facility, encashment and sale of Foreign currency and travellers' cheques, collection of cheques/drafts and other instruments. For this purpose 67 of our branches are authorized to do Forex business.
Savings Bank Account : This carries at present an interest of 3.50% p.a. (same as domestic Savings Bank rate) compounded half yearly and the minimum balance for a cheque operated account is Rs. 500/-
Other various Services of SBBJ Bank :
E-mitra
Demat Services
Internet Banking Services
ATM Services
Real Time Gross Settlement - RTGS
Cross Selling Activities In The Bank
SMS Banking
National Electronic Fund Transfer
Policies & Guideline of SBBJ Bank :
Citizens Charter
Fair Lending Practice Code
Banking Ombudsman Scheme 2006
Charter for SSI
Charter for Women
Collection policy
Model Code Of Conduct
Policy on Bank Deposits
Fair Practice Code
Best Practices Code
KYC - Anti Money Laundering Policy
Grievance Reddressal
Code of Bank's Commitment to Customers
