SBI Car Loan in Bengaluru

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

ParticularsDescription
Interest RateNew Cars - 8.70%-9.20%


Used Cars

men: 10.40-12.60%, women: 10.35-12.60%
Processing FeeNew Cars: No processing fees

Used Cars: 0.50% of loan amount + GST; Min ₹ 450.00 + GST & Max: ₹ 9100.00 + GST
Foreclosure ChargesNIL
Loan Tenure1-7 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 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
Basavangudi

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 - 560048 SBIN0003028560002019080-28511634, 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
Kacharakanahalli

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

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

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

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

 

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