Car Loan Rates EMI 2024
SBI Car Loan in Bengaluru
Last Updated : Sept. 5, 2017, 5:36 p.m.
About State Bank of India Car Loan in Bengaluru
It is the country’s bank that provides a range of banking products to help the people resolve their problems. It renders quality financial services to the people and helps them in achieving their financial aims. It has drafted multiple banking products and services that serve as a tailor-made solution for all requirements. To meet the requirement of car loan aspirants the bank offers car loan. It disburses the loan at decent rate of interest and accepts the repayment in form of EMIs More details about the product are mentioned below.
SBI Car Loan in Bengaluru at a Glance
| Particulars | Description |
|---|---|
| Interest Rate | 7.20% - 7.90% |
| Processing Fee | New Cars: No processing fees Used Cars: 1.25% of loan amount + GST; Min INR 3750 + GST & Max: INR 10,000 + GST |
| Foreclosure Charges | NIL |
| Loan Tenure | 1-7 Years for New Cars 1-5 Years for Old Cars |
Eligibility Criteria
The State Bank of India provides car loan after evaluating individual’s profile. It has set certain criteria to determine the suitability. The car loan eligibility criteria are:
- A 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
Documents Required
In order to avail the benefit of a car loan, the individual needs to submit the following documents:
- 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)
For more information, visit Car Loan Bengaluru
Address of SBI Branches in Bengaluru
The branch 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 |