STATE BANK* Charge (What It Is + Is It Legit?)
✓ LegitimateThe "STATE BANK*" charge is from State Bank of India. State Bank of India banking fee.
State Bank of India
State Bank of India banking fee.
Category
Banking
Avg. Charge
Variable
Country
IN
Billing Cycle
One-time
Cancel At
sbi.bank.in/web/customer-care/contact-centre
Support
+91-1800-425-3800
Why does this charge appear?
When State Bank of India processes fees and transactions through international payment networks, the billing descriptor gets truncated to "STATE BANK*" because card networks like Visa and Mastercard enforce strict character limits on how merchant names appear on statements. The asterisk in the descriptor is a common formatting convention used by payment processors to separate a shortened company name from additional identifiers, and State Bank of India's full name simply exceeds the allowable character count for these systems. If you have an account with State Bank of India or recently used one of their services, this charge is almost certainly a legitimate banking fee from them rather than anything suspicious.
What should you do?
Confirm Your State Bank of India Account Activity
Log in to your State Bank of India account at sbi.bank.in and review your recent transactions to confirm whether the STATE BANK* charge aligns with any banking fees, service charges, or account maintenance fees associated with your SBI account.
Review Your State Bank of India Fee Schedule
Visit sbi.bank.in and navigate to the fees and charges section to compare the STATE BANK* charge amount against the standard banking fees listed for your specific SBI account type, such as savings, current, or loan-related charges.
Contact State Bank of India Customer Care
If you are unsure what the STATE BANK* charge covers, reach out to State Bank of India directly through their contact centre at sbi.bank.in/web/customer-care/contact-centre to request a detailed explanation of the specific fee applied to your account.
Manage or Reduce Future State Bank of India Fees
If the STATE BANK* charge is a recurring banking fee you wish to minimize, log in at sbi.bank.in or speak with a State Bank of India representative to explore account options, minimum balance requirements, or plan changes that could reduce or eliminate the charge going forward.
Is this charge fraudulent?
No, this is a legitimate charge from State Bank of India. However, if you did not authorize this charge or cancelled your subscription, you may be eligible for a refund.
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