State Bank of Patiala

State Bank of Patiala (SBP) is a subsidiary of the State Bank of India. The Bank was founded in 1917 by Late His Highness Bhupinder Singh the then Maharaja of erstwhile Patiala state. In those times, State Bank of Patiala was known as Patiala State Bank. It was state owned and setup for the explicit purpose of fostering growth of agriculture, trade and industry.

With the formation of the Patiala and east Punjab States Union (PEPSU) in 1948, the Bank was reorganized and brought under the control of Reserve Bank of India and was renamed as Bank of Patiala. On 1st April,1960 the Bank became a subsidiary of the State Bank of India and was christened as the State Bank of Patiala.

On 24th January 2003 State Bank of Patiala became the first fully computerised Public Sector Bank in the country. As on March 31, the Bank a network of over 847 outlets(759 branches and 88 Ext. counters) in 17 States and one Union Territory.

Head Office,
The Mall, Patiala
Punjab 147001

URL: www.sbp.co.in