Non Indian residents can invest in SBI mutual funds in the following step by step manner:

Following options are available for investments:

1. Repatriable basis
2. Non- Repatriable basis

1. Please fill up the application form with the necessary details. You can also request for an application form by sending an e-mail at partnerforlife@sbimf.com. If you have an account with HDFC Bank, you can now apply online
   
   
2. In case of you opting for an off-line transaction, you are requested to make the payments by using the cheque from an NRE account or draft from an FCNR account maintained with banks authorized to deal in foreign exchange in India. NRE accounts can be opened in public sector or private sector banks in India. Send your application forms along with the payment at our Investor Service Center at the following address:
   
   SBIMF Investors Service Centre
   42, Rajgir Chambers
   5th Floor, Shahid Bhagat Singh Road
   Fort, Mumbai - 400 023.
   Tel : 9122 265 8302 / 265 8303
   Fax : 9122 269 1146
   
   
3. On confirmation of the documents sent by you, we will allot the units of the scheme at the NAV based prices prevailing on that day. If the payment is through foreign currency draft, the units will be allotted on the date of realization. Thereafter an account statement will be mailed to you within 5 working days.

1. In order to redeem your investments from the scheme partly or fully, fill up the redemption form which is send along with the account statement. Send it to us by post or by fax to Mumbai at the above mentioned ISC address.
   
   
2. We will process your request on the date on which we receive your redemption application at our office.
   
   
3. We will send the redemption proceeds (with tax deduction at source) to the bank branch where you have your NRE account. An account statement will be sent to you at your address.
   
   
4. You can repatriate the proceeds with the choice of currency from the bank.

1. Please fill up the application form with the necessary details. You can also request for an application form by sending an e-mail at partnerforlife@sbimf.com. If you have an account with HDFC Bank, you can now apply online
   
   
2. For the payment purpose, please use cheque from an NRO account maintained with banks authorized to deal in foreign exchange in India. NRO accounts can be opened in public sector or private sector banks in India.
   
   
3. Send your application forms along with the payment at the ISC address.
   
   
4. On confirmation of the documents sent by you, we will allot the units of the scheme at the NAV based prices prevailing on that day. If the payment is through foreign currency draft, the units will be allotted on the date of realization. Thereafter an account statement will be mailed to you within 5working days.

1. In order to redeem your investment form the scheme partly or fully, fill up the redemption form which is with the account statement. Send it to us at the following address by post or by fax at Mumbai ISC address mentioned above.
   
   
2. We will process your request on the date on which we receive your redemption application at our office.
   
   
3. We will send the redemption proceeds (with tax deduction at source) at a bank branch where you have your NRO account. An account statement will be sent to you at your address.

You are requested to instruct the bank branch through which you plan to make the remittance as to whether you have the NRE/ FCNR/ Special Non-resident Rupee Account to send the necessary FIRCs in original on security paper to the registrars to enable early processing of the application. A copy of these instructions to the bank may also be enclosed along with the application to expedite the follow-up by the registrars.