Score

1.49 /10
Danger

SBM

Suspicious Regulatory License

High potential risk

B

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Time Machine
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Score

Regulatory Index0.00

Business Index6.85

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Warning: Low score, please stay away! 2
Previous Detection : 2024-11-11
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

SBM · Company summary

General Information

SBM, whose full name is SBM Bank (India) Ltd., commenced operations on 1st December 2018 as the 1st universal bank in the country to receive a banking license from the Reserve Bank of India through the Wholly Owned Subsidiary route. It claims that it provides its clients with smart banking, a wide range of solutions and 24×7 customer support services, thus they can experience powerful banking with it.

Smart Banking

SBM‘s official website specifically set “Smart Banking” as one of the menu options at the top of homepage. Click it and you will find four different choices, including Empowering Dreams With Digital Lending Solutions, Powering New-Age Digital Banking, Enabling International Remittance and Unreachable Goals Met With Exclusive Cards. More details about smart banking can be found on SBM’s site.

Solutions

From the menu options at the bottom of the homepage of SBMs site, we can see some options about solutions, consist of Banking Solutions, Wealth Solutions and Digital Solutions. Banking Solutions contains seven different choices, accounts and deposits, overseas account, infinite entitlement, personalised banking, business banking solutions, remittance, and financing solutions.

Customer Support

You can get in touch with SBMs customer support through telephone: +18001033 817, +912243028888 (Registered Office), +912240071500 (Corporate Office), email: customercare@sbmbank.co.in. What's more, you can also follow this broker on some social media platforms such as Facebook, Twitter, LinkedIn, YouTube and Instagram. Registered Office: 101, Raheja Centre First Floor, Free Press Journal Marg, Nariman Point, Mumbai - 400021, Maharashtra. Corporate Office: 306 - A, The Capital, G block, Bandra-Kurla Complex, Bandra East, Mumbai 400051, Maharashtra.

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