SBI Ahmedabad

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Products Offered by SBI in Ahmedabad

The State Bank of India offers a wide range of products under the category of loan and investments. The loan products offered by the bank include home loan, personal loan, car loan, education loan, business loan, loan against property and gold loan. It even proffers investment products such as fixed deposits. The details, eligibility criteria, rate of interest and tenure of various loan and investment products offered by the bank are given in the table below:

Basic Details of State Bank of India Products

Product NameEligibility CriteriaAmount Interest RateProcessing FeeTenure
Home Loan Minimum age of the applicant should be 18 years and not more than 70 years at the time of repayment.Up to ₹ 10 crores8.45% - 9.00%Minimum - ₹ 1,000 to ₹ 10,000 Up to 30 years
Personal LoanEligible segments - Salaried individual of good quality corporate, self- employed engineer, doctor, architect, chartered accountant, MBA with minimum 2 years standing
Central and state Government
Quasi-Government
Central PSUs
Profit making State PSUs
Educational Institutions of National Repute
Selected Corporates
Pensioners
Minimum - ₹ 24,000 in metro & urban areas, ₹ 10,000 in rural areas
Maximum - ₹ 15,00,000
10.75% - 15.15%1% - 3% of the loan amount + GSTUp to 5 years
Car LoanRegular employee of State / Central Government, Public Sector Undertaking, Private Company or a reputed establishment with minimum annual income of ₹ 2,50,000.

Professionals, self-employed, businessmen, proprietary/partnership firms who are income tax assesses with net profit or gross taxable income of ₹ 4,00,000 per annum

Person engaged in agricultural and allied activities with minimum net annual income of ₹ 4,00,000
Maximum - Up to 85% of on-road price9.05% - 12.60%For new car- ₹ 1,000
Pre-owned - ₹ 450 to ₹ 9,100 + GST
Maximum - 7 years
Loan Against PropertyAn employee or
a professional, self-employed or an income tax assesses or NRIs (Who has residential property or commercial properties in his own name or in the name of spouse/children/parent/sibling)

Minimum net monthly income of the individual should be ₹ 25,000 or ₹ 3,00,000 per annum

The maximum age shouldn’t exceed 70 years at the time of repayment
Minimum - ₹ 10 lacs
Maximum - ₹ 7.5 crores
9.45% - 11% p.a.1% of the loan + GST
Maximum - ₹ 50,000 + GST
Minimum - 5 years
Maximum - 15 years
Business LoanBusiness units engaged in trading, manufacturing and servicesUp to ₹ 20 croresAs per the bank norms1% of the loan amount15 years
Gold LoanThe age of the applicant should be 21 years and aboveMinimum - ₹ 10,000
Maximum - ₹ 20 lacs
0.10150.50% of the loan amount + GSTUp to 30 months
Education LoanIndian Nationals for pursuing higher education in India or abroad where admission has been secured
For studies in India - maximum ₹10 lacs

Studies abroad - maximum ₹ 20 lacs
9.35% - 10.75% p.a.No processing fee15 years
Fixed DepositAn individual either solely or jointly
A minor jointly with a major
HUF
Private Traders
Professionals
Partnerships Firms
Companies
Clubs
Societies & Corporates
-5.75% - 7.35%-7 days to 10 years

SBI Branches in Ahmedabad with IFSC Codes

The complete address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Ahmedabad are mentioned in the table below:

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Morbi
Rajkot Dt. Gujarat State 363641SBIN000382836300210202822-221404, 231569
Service Branch, AhmedabadDist Ahmedabad Gujarat 380014SBIN0007748380002001079-27541725/ 27543284
Ahmedabad Main
Lal Darwaja, Ahmedabad, Gujrat - 380001SBIN0000301380002002079-25506443
Ahmedabad Municipal Corporation PrecinctOpp. Danapith Fire Brigade, Ahmedabad, Gujrat 380001SBIN0001698380002003079-25351600, 25351609 079-25357310
Astodia Road, AhmedabadAstodia Road Ahmedabad Gujrat 380001SBIN0000293380002004079-25352718, 079-25355010
Railwaypura

Railwaypura P.O. Amar Chamberreid Road Panchkuva Ahmedabad Gujrat 380002SBIN0000302380002005079-22143244, 079-22142596, 079-22145708
Amriawadi, Ahmedabad

Nagarvel, Hanuman Road, Opp Nagervel Industrial Estateamraiwadi Ahmedabad, Gujrat, Pin - 380026SBIN0003806380002007079-22760514
Bapunagar Ind Estate, Ahmedabad

Anand Estate, Opp Bapunagar Ind Estate Ahmedabad Ahmedabad, Gujrat 380024SBIN0000525380002008079-22741246
Ahmedabad Cantonment

Building No.9, Air Port Road, Opp.military Canteen Ahmedabad , Gujarat , Pin - 380003SBIN0003471380002010079-22867722 079-22862550
Civil Hospital

Opp. B.J. Medical College, Po Bag No.1, Ahmedabad, 380016SBIN0003043380002011079-2286948
Dharma Nagar

Sindhi Bazar Hira Bhavan, Dharmanagar Vidyalaya, Sabarmati, AhmedabadSBIN00053053800020130 79-275067 73
Ellis Bridge, Ahmedabad

6 Arjun Nivas Near V S Hospital Ellis Bridge Ahmedabad Ahmedabad, Gujrat 380006SBIN0001041380002014079- 26578716
GIDC Odhav

Near Bhikshuk Gruh GIDC Odhav Ahmedabad, Ahmedabad, Gujrat 382415SBIN0001387380002015079-22871825
Gujarat College, Ahmedabad
Sahitya Seva Sadan Building, Ellis Bridge, Ahmedabad, 380006SBIN0003095380002016079-26449806 079-26449806
Gujarat University

Opp. Gujarat University Library, Navrangpura, Ahmedabad, Pin 380009SBIN0002651380002017079-27913857, 079-27912403
Girdhar Nagar

Petel Sanatorium, Sahibganj Road, Ahmedabad, Gujarat, Pin 380004SBIN0003791380002018079-22867186
IIM Ahmedabad

IIM Campus, Nr. Atira Vastrapur, Ahmedabad, Pin 380015SBIN0002653380002019079-26302549, 079-26308003
Jodhpur Tekra (ISRO)Jodhpur Tekro ISRO, Ahmedabad, Gujarat, 380053SBIN0003967380002020079- 26912895, 079-26912896, 079-26912894, 079-26929539
Jamalpur

Opp Fire Brigade Station, Jamalpur Char Rasta, Ahmedabad, GujaratSBIN00030943800020217925390618
Laghu Udyog

Neptune Tower Complex Rear , Ashram Road, Ahmedabad, Ahmedabad, Gujrat , Pin - 380009SBIN0003993380002022079-26584280, 26586086, 079-26588594
Mani Nagar

Opp. Ramji Mandir, Punitmaharaj Road AhmedabadSBIN0001038380002023079-25463799
Madhupura

Advani Market, Outside Delhi Gate, Ahmedabad, Ahmedabad, 380004SBIN0003093380002024079-25624319
Meghaninagar

109 By 110 Ashishnagar Soc. Meghaninagar Ahmedabad GujaratSBIN0006140380002025079-22682458, 22685235
Nava Wadaj, Ahmedabad

Sumangalam Complex, Nava Vadaj Ahmedabad, Gujrat 380013SBIN0001815380002027079-27479962
Naroda Road

Opp. Forge And Blower Co, Ahmedabad, Ahmedabad, 380002SBIN0003045380002028079-22201920, 079-22202485
Navrangpura
Ahmedabad, Gujarat, Pin - 380009SBIN0003096380002029079-26441709, 079-26561207
Narayan Nagar

Near Chandranagar Bus Stand, Ahmedabad Ahmedabad, Gujrat, Pin - 380007SBIN0003804380002030079-26644728
Naranpura, Ahmedabad

Near Naranpura Rly. Crossing, Usmanpura, Ahmedabad, Gujarat, Pin 380013SBIN0001123380002031079-27680293
Naroda Industrial Estate

Naroda Industries Association Bldgs Jayhind Metal Bus Stop GIDC Naroda Ahmedabad 383330SBIN0001045380002032079-22821236, 079-22822241
GVMSAV Ltd Odhav

Gujrat Vepari Mahamandal Sahkari Audyogik Vasahat Ltd. Odhav, Ahmedabad, Gujrat 382415SBIN0001354380002033079- 2290263
Patharkuva

Relief Road, Nirmal Building, Ahmedabad, Gujrat 380001SBIN0001353380002034079-25502423
Polytechnic

Opp. Ketav Petrol Pump, Polytechnic, Ahmedabad, Gujarat, Pin 380015SBIN0001043380002035079-26308940
Paldi

Opp, Kochrab, Ashram, Nr. Bony Travels, Paldi, Ahmedabad, Gujrat, Pin - 380006SBIN0005306380002036079-26577952, 26585880
Prabhat Society

Suvidha Shopping Centre Mahalaxmi Cross Road Paladi Ahmedabad 380007SBIN0003097380002038079-26589667
SPL SSI, Rakhial

Opposite Gujarat Bottling Rakhial Ahmedabad, Gujrat 380023SBIN0001203380002039079-22911057
Sabarmati, AhmedabadKabir Chowk, Ahmedabad, Gujrat 380005SBIN0001032380002041079-27500683, 079-27500862, 079-27509216
Kuber Nagar

Devlali Bazar Kuber Nagar Ahmedabad GujaratSBIN0002355380002042079-22815381, 22821654, 22812895
Saraspur
Ahmedabad, Gujarat, Pin 380018SBIN0006139380002043079-22743502, 22772650
Sahijpur Bogha

Krishnagar Road, Ahmedabad Ahmedabad, 382345SBIN0003044380002044079-22813615
Shahibaug, Ahmedabad

Spectrum Tower, Opp.police Head Quarter Stadium, Shahibaug, Ahmedabad, Gujrat 380004SBIN0001370380002045079-25622607 079-25633714
University Campus Area, Ahmedabad

Lajpath Nagar, Opp. Moltilal park, Opp Punanand Ashram Ahmedabad, Gujrat 380014SBIN0001063380002051079-26402192, 26466858, 079-26403498
Vasna, Ahmedabad

Vishwadarshan Building, Sarkhej Road, Ahmedabad, Ahmedabad, 380007SBIN0002684380002054079-26604334
Khanpur

1st Floor, Pushpak Building, Opp Cama Hotel, Ahmedabad Pin - 380001SBIN0007542380002057079-2560046, 25600359, 25600043
Pragati Nagar

14, Sansar Bharati Society, Ankur Road, Naranpura, Ahmedabad, Pin - 380013SBIN0008053380002058079-27473955
Vijaynagar, Ahmedabad

7, Gopikunj Society Opp. Adarshnagar, Narenpura Ahmedabad Pincode - 380013SBIN0007475380002059079-27470691, 27458539

State Bank of India EMI Calculator

Now knowing your EMIs is just a matter of few seconds as an EMI Calculator is here to help. Yes, this smart and time-saving tool allows you to know the exact calculations of the EMIs, Interest Outgo and Total Amount Payable of your loan. This well-designed tool takes into consideration, the loan amount, tenure and interest rate, thus give the results in few seconds.

To make you understand better, below is a table showing the calculations on a loan amount of ₹3 Lakh, taken for a tenure of 5 years at an interest rate 11% per annum.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 3,00,00011%1₹ 26,514₹ 18,174₹ 3,18,174
₹ 3,00,00011%2₹ 13,982₹ 35,576₹ 3,35,576
₹ 3,00,00011%3₹ 9822₹ 53,578₹ 3,53,578
₹ 3,00,00011%4₹ 7754₹ 72,176₹ 3,72,176
₹ 3,00,00011%5₹ 6523₹ 91,364₹ 3,91,364

EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

YearPrincipalInterestBalance Amount
1₹ 47,626₹ 30,646₹ 2,52,373
2₹ 53,137₹ 25,135₹ 1,99,235
3₹ 59,286₹ 18,986₹ 1,39,949
4₹ 66,147₹ 12,125₹ 73,801
5₹ 73,861₹ 4471₹ 0

Documents Required to Apply

The list of documents required to avail the benefit of the financial products are given below:

Product NameDocuments
Home Loan For Applicants:
Completed loan application
3 Passport size photographs
Proof of identify (photocopies of Voters ID card/ Passport/ Driving
licence/ IT PAN card)
Proof of residence (photocopies of recent Telephone Bills/ Electricity Bill/
Property tax receipt/ Passport/ Voters ID card)
Proof of business address for non-salaried individuals
Statement of Bank Account/ Pass Book for last six months
Signature identification from present bankers
Personal Assets and Liabilities statement

For Guarantor:
Personal Assets and Liabilities Statement
2 passport size photographs
Proof of identification as above
Proof of residence as above
Proof of business address as above
Signature identification from his/her present bankers

Additional Documents for Salaried:
Original Salary Certificate from employer
TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt.

Additional Documents for Professionals/ Self- Employed/ Other IT assesses:
Acknowledged copies of three years I.T. returns/ Assessment Orders
Photocopies of challans evidencing payment of Advance Income Tax
Personal LoanLatest Photograph, Photo Identity & Residence Proof of the Applicant & Guarantor
Income Proof - Salary slips for last 3 months, ITR/ Form 16 for last 3 years (for salaried)
Car LoanStatement of bank account for last 6 months
2 passport size photographs
Proof of Identity : (Copy of any one) Passport/ PAN Card/ Voters ID card/ Driving License etc.
Address Proof : (Copy of any one) Ration card/Driving License/Voters ID card/ Passport / Telephone Bill/ Electricity bill/Life Insurance policy
Income Proof: Latest Salary Slip, Form 16/ ITR for last 2 years, I.T. Returns or Form 16 for the last 2 years, Audited Balance sheet, P&L statement for 2 years, Shop & establishment act certificate / sales tax certificate / SSI registered certificate / copy of partnership ( non- salaried)
Loan Against PropertyApplication form
Financial Statements in case limit is over Rs.10.00 Lakh
Copy of Sales Tax / VAT / any other Tax Registration if applicable
Details of Property offered along with the latest valuation
For existing business, statement of accounts maintained with other Banks
Business LoanProof of Identity: Voter’s ID Card/ Passport/ Driving License/ PAN Card/ Signature identification from present bankers of proprietor, partner of director (if a company)

Proof of residence: Recent telephone bills, electricity bill, property tax receipt /Passport/ Voter’s ID Card of Proprietor, partner of Director (if a company)

Proof of business Address
Panchayat Licence
Actual - Past 3 years Balance Sheet, Estimated - Current Year Balance Sheet, Projected - Next Year Balance Sheet

CMA form
Copy of Sales tax / VAT /any other Tax Registration
Memorandum and articles of association of the Company/ Partnership Deed of partners etc.
Assets and liabilities statement of promoters and guarantors along with latest income tax returns
Project Report
Plan / Estimate / Invoices
Rent Agreement (if business premises on rent) and clearance from pollution control board if applicable
Power Allocation
SSI / MSME registration if applicable
Projected balance sheets for the next two years in case of working capital limits and for the period of the loan in case of term loan (for all cases of Rs.2 lakhs and above)

Photocopies of lease deeds/ title deeds of all the properties being offered as primary and collateral securities
Gold LoanApplication Form for Gold Loans
Two copies of photograph of the borrower(s)
Proof of Identity - Passport/ PAN Card/ Voters ID card/ Driving License etc.
Proof of Address - Ration card/Driving License/Voters ID card/Passport /Telephone Bill/ Electricity bill/Life Insurance policy
Education Loan Letter of admission
Completely filled in Loan Application Form
2 passport size photographs
Statement of cost of study
PAN Card of the student and Parent/ Guardian
AADHAR Card of the student and Parent/ Guardian
Proof of identity (Driving Licence/Passport/Aadhar/ any photo identity)
Proof of residence (Driving Licence/Passport/Electricity bill/Telephone bill)
Student/Co-borrower/ guarantor's bank account statement for last 6 months
IT return/ IT assessment order, of previous 2 years of Parent/ Guardian/ other co-borrower (if IT Payee)
Brief statement of assets & liabilities of Parent/ Guardian/ other co-borrower
Proof of income (i.e. salary slips/ Form 16) Parent/ Guardian/ other co-borrower
Fixed DepositProof of Identity - Passport, Voter ID card, Driving license, PAN card, Government department ID card
Proof of Residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement

About State Bank of India (SBI)

State Bank of India has a long history, traced back to British rule. Through the Imperial Bank of India, to the founding of Bank of Calcutta in 1806, SBI is the oldest bank in the Indian subcontinent. It became State Bank of India in 1955. It was ranked as the top bank in India based on tier 1 Capital by The Banker magazine in the 2014 ranking. As per the Brand Trust Report 2013, SBI was the 50th most trusted brand in India. It is the largest government-owned bank that has a significant overseas presence. It is a worldwide bank that has 191 foreign offices spread across 36 countries. It has overseas offices in Singapore, Moscow, Colombo, Dhaka, Frankfurt, Hong Kong, Tehran, London, Los Angeles, Muscat, Maldives, Sydney and other countries. It has offshore banking units in Bahamas and Bahrain. In India, the bank has an extensive network of 18,354 branches and 49,577 ATMs. Through its network of branches in India and overseas, SBI provides a range of banking products. It offers consumer banking, corporate banking, finance and insurance products. It even delivers investment banking products and mortgage loans. The bank helps the citizen of the country by giving right financial guidance and assisting them in wealth management.

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EMI Calculator