Indian Visa Application Center one of the largest Indian visa processing agency in the world. Visa services of High Commission of India, Dhaka, Assistant High Commission of India, Chittagong and Assistant High Commission of India, Rajshahi are outsourced to State Bank of India. SBI's Indian Visa Application Center (IVAC) at Gulshan, Dhaka was established in December 2005 followed by IVAC, Chittagong in October 2006, IVAC, Sylhet in July 2009, IVAC, Motijheel in July 2009, IVARC, Khulna in May 2011. The last IVAC was opened at Rajshahi on 11th December 2012 Together, IVAC processes around 5 lacs visa applications of Bangladeshi Passport holders in a year, which, by far, could perhaps be the largest number by any visa processing agency worldwide.
State Bank of India (SBI), the majority share holding of which lies with the Government of India is the largest commercial bank in India and one of the top 20 banks in Asia.SBI has 15000 branches in India and 186 branches outside India. It employs over 2 lacs personnel for business operations worldwide. SBI is the proud recipient of many recognitions/awards this year, the notable among them being "Bank of the Year 2008-India"Bank of the Year by Banker Magazine, Most Admired Infrastructure Financier " award by KPMG " "Top Public Sector Bank under SME Financing" by Dun and Brad sheet and "Best Executive award" to the Chairman by Asia Money. SBI has improved its ranking in Fortune 500 list, Forbes list of 2000 largest companies in the world, Banker list of 1000 world banks, Brand Finance- Global 500 Financial Brand recognition, to name a few.
SBI proposes to open more visa centers in Bangladesh to provide timely and quality services to Bangladeshi nationals.
Provision of the other services in future is also being considered. Some of them are:
Online passport tracking system to ascertain the status of application via SMS by mobile phone
Introduce online payment gateway
Travel related services like sale of tickets, booking of seats in various medical and educational institutions and hotels etc.
Dollar endorsement facility at our Gulshan and Chittagong IVACs