SBI Bengaluru
Last Updated : Aug. 30, 2018, 5:58 p.m.
Products Offered by SBI in Bengaluru
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, gold loan, loan against property and business 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 Name | Eligibility Criteria | Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| 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 crores | 9.15% - 11.30% | Minimum - ₹ 1,000 to ₹ 10,000 | Up to 30 years |
| Personal Loan | Eligible 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 | 11.00% - 14.00% | 1% - 3% of the loan amount + GST | Up to 5 years |
| Car Loan | Regular 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 price | 7.20% - 7.90% | For new car- ₹ 1,000 Pre-owned - ₹ 450 to ₹ 9,100 + GST | Maximum - 7 years |
| Loan Against Property | An 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 Loan | Business units engaged in trading, manufacturing and services | Up to ₹ 20 crores | As per the bank norms | 1% of the loan amount | 15 years |
| Gold Loan | The age of the applicant should be 21 years and above | Minimum - ₹ 10,000 Maximum - ₹ 20 lacs | 0.1015 | 0.50% of the loan amount + GST | Up to 30 months |
| Education Loan | Indian 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 fee | 15 years |
| Fixed Deposit | An individual either solely or jointly A minor jointly with a major HUF Private Traders Professionals Partnerships Firms Companies Clubs Societies & Corporates | - | 2.90% - 6.20% | - | 7 days to 10 years |
SBI Branches with IFSC Codes in Bengaluru
The complete address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Bengaluru are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Service Branch, Bangalore | Vasavi Complex, St. Mark S Road, Distt. Bangalore Urban, Karnataka 560001 | SBIN0008698 | 560002001 | 080-22124246, 22215338 |
| AFS Jalahalli East | Air Force Station, Jalahalli East, Bangalore, Pin - 560014 | SBIN0008042 | 560002002 | 080-28389766 |
| AFS Jalahalli West | Hospital Town West , Bangalore, Tripti Complex Hospital Town , Bangalore, Karnataka , Pin - 560015 | SBIN0004767 | 560002003 | 080-28396940, 28371578 |
| Air Cargo Complex, Bangalore | 3 - 4, Bangalore Airport Exit Road, Distt. Bangalore Urban, Karnataka 560017 | SBIN0007130 | 560002004 | 080-25223829 |
| ASC Centre (South) | PB No. 779, Trinity Church Rd, Agram Post, Bangalore, Karnataka, 560007 | SBIN0004742 | 560002005 | 080-25555565, 080-25588885 |
| Banashankari II Stage, Bangalore | 422, 9th Main, Banashankari, II Stage, Bangalore, Pin - 560070 | SBIN0006767 | 560002008 | 080-26718852, 26718342 |
| Bangalore City | No. 22 J C Road P.B. NO.6511 Bangalore Karnataka | SBIN0000814 | 560002009 | 080-22232555/ 22222380/ 22220292/ 2216699 |
| AFS Yelahanka, Bangalore | NH - 7, Bellary Road Yelahanka Bangalore, 560063 | SBIN0002187 | 560002010 | 080-28478900, 080-28478217 |
| Basavangudi | Srirangam 185, Pb No. 413, Gandhi Bazar, Basavanagudi, Bangalore, Karnataka, Pin 560004 | SBIN0003357 | 560002011 | 080-26613721 |
| Mysore Road | IV Cross, Byatarayanapura, Bangalore, Pin 560026 | SBIN0007985 | 560002012 | 080-26740616 |
| Cauvery Bhavan | Post Box No. 9963, Combined Board Administrative Building, Bangalore | SBIN0003182 | 560002013 | 080-22215363, 080-22215075 |
| City Market | Vankatappa. Building, Silver. Jubile Park Road, Bangalore, Pin. 560002 | SBIN0001989 | 560002015 | 080-22273093 |
| Doorvani Nagar | ITI Campus Dooravaninagar Distt Bangalore Urban Bangalore 560016 | SBIN0001438 | 560002016 | 080-25650453, 25650381, 25651147 |
| Sultan Palya, Bangalore | No.1, II Main Road, Atmananda Colony , Bangalore, Bangalore , Pin - 560032 | SBIN0003982 | 560002017 | 080-23335446 |
| ITI AIE Mahadevapur | White Field Road, Mahadevapura, Bangalore, Pin - 560048 | SBIN0003028 | 560002019 | 080-28511634, 080-28510944 |
| IIS Campus | 1, Bungalow, IISC Campus, Bangalore 560012, Karnataka Pin 560012 | SBIN0002215 | 560002020 | 080-23600567 |
| Indira Nagar | 2989 By 1 A, 12th Main, Hal, 2nd State, Bangalore, Pin 560008 | SBIN0003301 | 560002021 | 080-25219173 |
| Jeevan Bhima Nagar | Shopping Complex Building, Jeevan Bima Nagar, Bangalore | SBIN0005537 | 560002022 | 080-25216754 |
| J P Nagar | No.916, 9th Cross, 2nd Phase, 24th Main, Bangalore, Karnataka, Pin 560078 | SBIN0007117 | 560002023 | 080-26340338 |
| Jayamahal Extension, Bangalore | Shanbhag Towers, Corner Of 5 th Main Rd Jaymahal Road, Bangalore | SBIN0001731 | 560002025 | 080-23330496 |
| Jayanagar IV Block | 1151 - A, 26th Main, IV T Block, Jayanagar, Bangalore 560011 | SBIN0004926 | 560002027 | 080-26343763 |
| Kacharakanahalli | Kammanahali Main, St. Thomas Town, Bangalore, Pin 560084 | SBIN0007988 | 560002028 | 080-25464960 |
| Kumara Park | Badaganadu Sangha Bldg., Seshadripuram, Kumara Park W, Bangalore, Karnataka, 560020 | SBIN0001626 | 560002029 | 80-23444280 |
| Malleswaram | 143, Margosa Road, 9th Cross, Bangalore, Pin 560003 | SBIN0007080 | 560002031 | 080-25943200 |
| MEG & Centre, Bangalore | Post Box No.4222, Shivamchetty Garden Post, Bangalore, Pin 560042 | SBIN0005931 | 560002032 | 080-25558604 |
| M G Road | 9 By 1, Mahalakshmi Chambers, Hotel Kamadhenu Building, Trinity Circle, Bangalore | SBIN0005778 | 560002033 | 080-25584039 |
| New Tharagupet | 2, G.M.C. BankBuilding, Pampa Mahakavi Road, Bangalore, Pin 560018 | SBIN0005794 | 560002034 | 080-26670743 |
| Padmanabha Nagar, Bangalore | No 375, Dhruva, MKP Road, Padmanabha Nagar, Bangalore | SBIN0007981 | 560002036 | 080-26692289 |
| Race Course Road | Trade Centre, 294, Race Course Road, Bangalore, Karnataka, Pin.560001 | SBIN0006198 | 560002038 | 080-22203287 |
| Richards Town | 27, Mosque Road, Richards Town, Bangalore, Karnataka, Pin 560005 | SBIN0002263 | 560002040 | 080-25486609 |
| Rajaji Nagar V Block, Bangalore | No.13, 10 th B Main Road, V Blk Rajaji Nagar, Bangalore, Bangalore, 560010 | SBIN0003023 | 560002041 | 080-23402110 |
| Rajaji Nagar Ind Est | P.B. No.4415, Industrial Estate, Bangalore, Karnataka, Pin 560044 | SBIN0000762 | 560002042 | 080-23351413 |
| Residency Road Bangalore | Residency Plaza, 24, Residency Road, Bangalore 560025 | SBIN0008598 | 560002043 | 080-25943214/ 25327231 |
| RPC Layout | 1352, 4th Cross, 9th Main, R.P.C Layout, Vijaya Ngr, Bangalore, Karnataka | SBIN0007989 | 560002044 | 1800 425 3800 |
| Srinagar, Bangalore | No.321, 50 Feet Road, 20th Main, Srinagar, Bangalore Pin - 560050 | SBIN0007637 | 560002046 | 080-26721061 |
| Ulsoor, Bangalore | P.B. No. 878, No.36, II Cross, Udani Layout, Cambridge Cross Road Bangalore, 560008 | SBIN0001824 | 560002050 | 080-25554677 |
| Vishweshwarapuram, Bangalore | NO.100, Rashtriya Vidyalaya Road, Vishweshwerapuram, Bangalore, Pin - 560004 | SBIN0007638 | 560002051 | 080-26500790 |
| West Of Chord Road, Bangalore | NO.865 Modi Hosp. Rd, West Of Chord Road Extn., Bangalore , Pin - 560086 | SBIN0006497 | 560002052 | 080-23220225 |
| Yelahanka New Town | 1 Yelahanka New Town Yelahanka Bangalore Karnataka | SBIN0006706 | 560002053 | 080-28460002, 28562811 |
| Kadugodi, Bangalore | White Field Road, Bangalore Karnataka, Pin - 560067 | SBIN0005376 | 560002058 | 080-28452288 |
| IFB, Bangalore | Residency Plaza, 61, Residency Rd. Bangalore - 560025 | SBIN0009077 | 560002059 | 080-25943501 |
| Magadi Road, Bangalore | 13 12 A D Jalli, Near Rahela , Apartments, Magadi Main Road, Bangalore , Pin - 560079 | SBIN0009047 | 560002060 | 080-23358825, 080-23108902 |
| Austin Town, Bangalore | 34 C - II Cross Road, Near Bda , Shopping Complex, Bangalore , Pin - 560047 | SBIN0009043 | 560002061 | 080-25365418 |
| Basaveshwara Nagar | Plot No.205, Block - III, Basave , Swaranagar, Bangalore, Bangalore Pin - 560079 | SBIN0009049 | 560002062 | 080-23237040 |
| Dollar Colony | NO 61 Ags Office Layout New Bel Rd Rajamahal V Bangalore Karnataka | SBIN0009042 | 560002063 | 080-23607212, 23600899 |
EMI Calculator
Talking about an EMI Calculator, it is one such magical tool with the help of which you can easily know the exact amount of EMI you need to pay to the bank so as to repay your loan. This smart device works on a simple and easy algorithm, wherein, it calculates the values for you within few seconds. By taking into consideration the loan amount, tenure and interest rate, this device displays the value for you in the most appealing and easy to understand manner.
Well, to make you understand better, below is a table showing the calculations on a loan amount of ₹4 Lakh, taken for a tenure of up to 5 years at an interest rate of 12.75% per annum.
Table Showing EMI, Interest Outgo, and Total Repayment Amount
EMI, Total Interest Outgo, Total Repayment (Interest + Principal)
| Year | Principal | Interest | Balance Amount |
|---|---|---|---|
| 1 | ₹ 61,089 | ₹ 47,512 | ₹ 3,38,910 |
| 2 | ₹ 69,350 | ₹ 39,251 | ₹ 2,69,560 |
| 3 | ₹ 78,727 | ₹ 29,874 | ₹ 1,90,832 |
| 4 | ₹ 89,373 | ₹ 19,228 | ₹ 1,01,458 |
| 5 | ₹ 1,01,553 | ₹ 7143 | ₹ 0 |
Documents Required
The list of documents required to avail the benefit of the financial products are given below:
| Product Name | Documents |
|---|---|
| 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 Loan | Latest 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 Loan | Statement 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 Property | Application 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 Loan | Proof 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 Loan | Application 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 Deposit | Proof 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 |
SBI Customer Care Number
1800 425 3800 , 1800 11 2211 are the toll-free numbers for you to be in touch with the bank’s executives. You can dial these numbers anytime from anywhere from all your landline and mobile numbers in the country. After dialing these numbers, the bank executives with having relevant years of experience answer all your queries, concerns and complaints in the best way.
About State Bank of India (SBI)
State Bank of India was established in 1806 at Calcutta as Bank of Calcutta. It is the oldest bank of Indian sub-continent. It was the first joint stock bank of British India. Later Bank of Madras, Bank of Bombay and Bank of Bengal were merged together to constitute the Imperial bank of India. It was named as State Bank of India in 1955 and thereon was nationalised. The Indian head office of the bank is located at Madam Cama Road in Mumbai. The bank has the largest branch network in India with more than 18,000 branches. It has over 49,577 ATMs spread across the length and breadth of the country.
The bank provides a host of banking and financial services to make customer experience into happy one. The pack of services delivered by the bank include private banking services, corporate banking services and consumer banking services. The products offered by the bank are uniquely designed to meet the requirement of the people. It also provides the facility of internet banking and E- payment thus easing the life of the customers. Through its quality products and services, it has developed an unbeatable image in the Indian banking and financial industry. More than 95% of the India’s population has an account in State Bank of India therefore, it can truly be described as “the banker to every Indian”.
