Is Sonali Bank PLC regulated by RBI?

Sonali Bank PLC appears on RBI's Banks in India master list. Licensing and branch status can change: confirm on rbi.org.in before transacting.

What type of bank is Sonali Bank PLC?

esi.in lists it under Private sector banks in India. Deposits, loans, and payment rules depend on the license category.

Does DICGC insurance apply?

Many scheduled bank deposits are covered by DICGC up to applicable limits. Payments banks and some products have restrictions.

Does esi.in recommend this bank?

No. Educational directory only, not a rating, recommendation, or offer.

Sonali Bank PLC - Private sector

About Sonali Bank PLC

Sonali Bank PLC is on RBI's public Banks in India list. esi.in helps students and households connect regulated banks to loans, savings, UPI, and insurance learning.

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Directory snapshot

Legal name

Sonali Bank PLC

Head / registered office

Wachel Molla Mansion, 1st Floor, 8, Lenin Sarani, Kolkata - 700013

Before you bank or borrow

Verify live status on rbi.org.in.
Compare total loan cost-rate, fees, insurance bundling, foreclosure.
Use RBI ombudsman routes if service fails.
NBFCs differ-see NBFC directory.

FAQs

Is Sonali Bank PLC regulated by RBI?: Sonali Bank PLC appears on RBI's Banks in India master list. Licensing and branch status can change: confirm on rbi.org.in before transacting.
What type of bank is Sonali Bank PLC?: esi.in lists it under Private sector banks in India. Deposits, loans, and payment rules depend on the license category.
Does DICGC insurance apply?: Many scheduled bank deposits are covered by DICGC up to applicable limits. Payments banks and some products have restrictions.
Does esi.in recommend this bank?: No. Educational directory only, not a rating, recommendation, or offer.

Source: RBI Banks in India (https://rbi.org.in/commonman/english/scripts/banksinindia.aspx). Educational only.