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SBI Bengaluru

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 NameEligibility CriteriaAmountInterest RateProcessing FeeTenure
Home LoanMinimum age of the applicant should be 18 years and not more than 70 years at the time of repayment.Up to ₹ 10 crores9.15% - 11.30%Minimum - ₹ 1,000 to ₹ 10,000Up 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
Central PSUs
Profit making State PSUs
Educational Institutions of National Repute
Selected Corporates
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 + 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 price7.20% - 7.90%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
Private Traders
Partnerships Firms
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 NameComplete AddressIFSC CodeMICR CodeContact Number
Service Branch, Bangalore

Vasavi Complex, St. Mark S Road, Distt. Bangalore Urban, Karnataka 560001SBIN0008698560002001080-22124246, 22215338
AFS Jalahalli East
Air Force Station, Jalahalli East, Bangalore, Pin - 560014SBIN0008042560002002080-28389766
AFS Jalahalli West

Hospital Town West , Bangalore, Tripti Complex Hospital Town , Bangalore, Karnataka , Pin - 560015SBIN0004767560002003080-28396940, 28371578
Air Cargo Complex, Bangalore
3 - 4, Bangalore Airport Exit Road, Distt. Bangalore Urban, Karnataka 560017SBIN0007130560002004080-25223829
ASC Centre (South)

PB No. 779, Trinity Church Rd, Agram Post, Bangalore, Karnataka, 560007SBIN0004742560002005080-25555565, 080-25588885
Banashankari II Stage, Bangalore
422, 9th Main, Banashankari, II Stage, Bangalore, Pin - 560070SBIN0006767560002008080-26718852, 26718342
Bangalore City

No. 22 J C Road P.B. NO.6511 Bangalore KarnatakaSBIN0000814560002009080-22232555/ 22222380/ 22220292/ 2216699
AFS Yelahanka, Bangalore
NH - 7, Bellary Road Yelahanka Bangalore, 560063SBIN0002187560002010080-28478900, 080-28478217

Srirangam 185, Pb No. 413, Gandhi Bazar, Basavanagudi, Bangalore, Karnataka, Pin 560004SBIN0003357560002011080-26613721
Mysore Road

IV Cross, Byatarayanapura, Bangalore, Pin 560026SBIN0007985560002012080-26740616
Cauvery Bhavan

Post Box No. 9963, Combined Board Administrative Building, BangaloreSBIN0003182560002013080-22215363, 080-22215075
City Market

Vankatappa. Building, Silver. Jubile Park Road, Bangalore, Pin. 560002SBIN0001989560002015080-22273093
Doorvani Nagar

ITI Campus Dooravaninagar Distt Bangalore Urban Bangalore 560016SBIN0001438560002016080-25650453, 25650381, 25651147
Sultan Palya, Bangalore

No.1, II Main Road, Atmananda Colony , Bangalore, Bangalore , Pin - 560032SBIN0003982560002017080-23335446
ITI AIE Mahadevapur

White Field Road, Mahadevapura, Bangalore, Pin - 560048SBIN0003028560002019080-28511634, 080-28510944
IIS Campus

1, Bungalow, IISC Campus, Bangalore 560012, Karnataka Pin 560012SBIN0002215560002020080-23600567
Indira Nagar

2989 By 1 A, 12th Main, Hal, 2nd State, Bangalore, Pin 560008SBIN0003301560002021080-25219173
Jeevan Bhima Nagar

Shopping Complex Building, Jeevan Bima Nagar, BangaloreSBIN0005537560002022080-25216754
J P Nagar

No.916, 9th Cross, 2nd Phase, 24th Main, Bangalore, Karnataka, Pin 560078SBIN0007117560002023080-26340338
Jayamahal Extension, Bangalore

Shanbhag Towers, Corner Of 5 th Main Rd Jaymahal Road, BangaloreSBIN0001731560002025080-23330496
Jayanagar IV Block

1151 - A, 26th Main, IV T Block, Jayanagar, Bangalore 560011SBIN0004926560002027080-26343763

Kammanahali Main, St. Thomas Town, Bangalore, Pin 560084SBIN0007988560002028080-25464960
Kumara Park

Badaganadu Sangha Bldg., Seshadripuram, Kumara Park W, Bangalore, Karnataka, 560020SBIN000162656000202980-23444280

143, Margosa Road, 9th Cross, Bangalore, Pin 560003SBIN0007080560002031080-25943200
MEG & Centre, Bangalore

Post Box No.4222, Shivamchetty Garden Post, Bangalore, Pin 560042SBIN0005931560002032080-25558604
M G Road

9 By 1, Mahalakshmi Chambers, Hotel Kamadhenu Building, Trinity Circle, BangaloreSBIN0005778560002033080-25584039
New Tharagupet

2, G.M.C. BankBuilding, Pampa Mahakavi Road, Bangalore, Pin 560018SBIN0005794560002034080-26670743
Padmanabha Nagar, Bangalore
No 375, Dhruva, MKP Road, Padmanabha Nagar, BangaloreSBIN0007981560002036080-26692289
Race Course Road

Trade Centre, 294, Race Course Road, Bangalore, Karnataka, Pin.560001SBIN0006198560002038080-22203287
Richards Town

27, Mosque Road, Richards Town, Bangalore, Karnataka, Pin 560005SBIN0002263560002040080-25486609
Rajaji Nagar V Block, Bangalore

No.13, 10 th B Main Road, V Blk Rajaji Nagar, Bangalore, Bangalore, 560010SBIN0003023560002041080-23402110
Rajaji Nagar Ind Est

P.B. No.4415, Industrial Estate, Bangalore, Karnataka, Pin 560044SBIN0000762560002042080-23351413
Residency Road Bangalore
Residency Plaza, 24, Residency Road, Bangalore 560025SBIN0008598560002043080-25943214/ 25327231
RPC Layout

1352, 4th Cross, 9th Main, R.P.C Layout, Vijaya Ngr, Bangalore, KarnatakaSBIN00079895600020441800 425 3800
Srinagar, Bangalore

No.321, 50 Feet Road, 20th Main, Srinagar, Bangalore Pin - 560050SBIN0007637560002046080-26721061
Ulsoor, Bangalore

P.B. No. 878, No.36, II Cross, Udani Layout, Cambridge Cross Road Bangalore, 560008SBIN0001824560002050080-25554677
Vishweshwarapuram, Bangalore
NO.100, Rashtriya Vidyalaya Road, Vishweshwerapuram, Bangalore, Pin - 560004SBIN0007638560002051080-26500790
West Of Chord Road, Bangalore

NO.865 Modi Hosp. Rd, West Of Chord Road Extn., Bangalore , Pin - 560086SBIN0006497560002052080-23220225
Yelahanka New Town

1 Yelahanka New Town Yelahanka Bangalore KarnatakaSBIN0006706560002053080-28460002, 28562811
Kadugodi, Bangalore

White Field Road, Bangalore Karnataka, Pin - 560067SBIN0005376560002058080-28452288
IFB, Bangalore

Residency Plaza, 61, Residency Rd. Bangalore - 560025SBIN0009077560002059080-25943501
Magadi Road, Bangalore

13 12 A D Jalli, Near Rahela , Apartments, Magadi Main Road, Bangalore , Pin - 560079SBIN0009047560002060080-23358825, 080-23108902
Austin Town, Bangalore

34 C - II Cross Road, Near Bda , Shopping Complex, Bangalore , Pin - 560047SBIN0009043560002061080-25365418
Basaveshwara Nagar

Plot No.205, Block - III, Basave , Swaranagar, Bangalore, Bangalore Pin - 560079SBIN0009049560002062080-23237040
Dollar Colony

NO 61 Ags Office Layout New Bel Rd Rajamahal V Bangalore Karnataka
SBIN0009042560002063080-23607212, 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

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 4,00,00012.75%1₹ 35,680₹ 28,160₹ 4,28,160
₹ 4,00,00012.75%2₹ 18,970₹ 55,275₹ 4,55,275
₹ 4,00,00012.75%3₹ 13,429₹ 83,461₹ 4,83,461
₹ 4,00,00012.75%4₹ 10,681₹ 1,12,709₹ 5,12,709
₹ 4,00,00012.75%5₹ 9050₹ 1,43,007₹ 5,43,007

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

YearPrincipalInterestBalance 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 NameDocuments
Home LoanFor 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 LoanLetter 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

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”.

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