SBI Car Loan in Chennai
Last Updated : Sept. 5, 2017, 5:39 p.m.
About State Bank of India Car Loan in Chennai
State Bank of India 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. In India alone, the bank has gained high position. As per the Brand Trust Report 2013, SBI was the 50th most trusted brand in India. The bank acknowledges the desires of the people and provides a right financial tool to hack it. It let the customer drive home his favourite car by providing the car loan.
SBI Car Loan in Chennai 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 Chennai
Address of SBI Branches in Chennai
The branch address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Chennai are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Collectorate Road, Tiruvannamalai | Rayar Naidu Complex, 15 Polur Road, Tiruvannamalai 606601 | SBIN0012934 | 244002099 | 9442218204 |
| LHO, Chennai | Circle Top House, Aparna Complex, 16 College Lane Chennai | SBIN0003972 | 600002000 | 28214293/ 28214785/ 28214617/ 28214618 |
| Service Branch Chennai | Whites Road Chennai | SBIN0008443 | 600002001 | 044-28515627, 28522638, 28521849, 28522738 |
| Adyar | No. 5 First Cross Street, Kasturba Nagar, Adyar, Chennai 600020 | SBIN0001115 | 600002002 | 044-24416780, 24403578 |
| Alwarpet, Chennai | 241, TTK Road Alwarpet Chennai, 600018 | SBIN0002190 | 600002003 | 044-24992397 24988145 |
| Aminjikarai | Post Bag No. 5402, 22, Sathurudden Sahib Street, Chennai | SBIN0003273 | 600002004 | 044-26640149, 044-26641257 |
| Anna Nagar, Chennai | 1st Floor, AG - 1, Shanti Colony, Anna Nagar, Chennai, Chennai City, 600040 | SBIN0002196 | 600002005 | 044-26211539 |
| Anna Nagar West Chennai | Y211, 2nd Avenue, Chennai, Pin 600040 | SBIN0003870 | 600002006 | 044-26215712, 044-26200247 |
| Annasalai | P.B. No. 342103 A, Anna Salai, Chennai, Tamil Nadu, Pin 600002 | SBIN0000878 | 600002007 | 044-28603201 |
| Arumbakkam | NO. 9, Muniathinam Street Ayyavoo Naidu Colony, Chennai City Pincode - 600029 | SBIN0006495 | 600002008 | 044-23632387, 044-23631326 |
| Ashok Nagar | 1 Housing Board Shop Comp Ashok Ngr Chennai T.N. | SBIN0001857 | 600002009 | 044-24892148, 23713330 |
| Ayanavaram, Chennai | 317, Konnur High Road, Opp. Ramanuja Nagar, Chennai, Chennai City, 600023 | SBIN0002202 | 600002010 | 044-26450981 044-26602792 |
| C I T Nagar | 1 North Rd, West CIT Ngr, Chennai, TN | SBIN0003307 | 600002011 | 1800 425 3800 |
| Chetput, Chennai | No.17, M.C. Nichols Road, Chennai Chennai City, 600031 | SBIN0001852 | 600002012 | 044-28363489 |
| Chinthadripet, Chennai | 24 , Arunachalam Street, Ist Floor Chinthadripet , Chennai Tamilnadu , Pin - 600002 | SBIN0005380 | 600002013 | 044-28418248 |
| Commercial Branch, Chennai | Bombay Mutual Bldg., 232, Nsc Bose Road, Chennai 600001 | SBIN0007347 | 600002014 | 044-25342140, 044-25340975 |
| Elephant Gate, Chennai | 15, Ekambareswarar Street, Chennai, Chennai City, Tamilnadu , Pin - 600003 | SBIN0003308 | 600002016 | 044-25330801, 044-25358556 |
| Gopalapuram | 238 Avvai Shunmugam Sal - , Gopalapuram Distt. Chennai, Tamil Nadu 600086 | SBIN0000962 | 600002017 | 044-28351663, 28351015 |
| IIT, Madras | IIT Campus, IIT, Chennai, Tamil Nadu | SBIN0001055 | 600002018 | 044-22570247, 22579354 |
| Jawahar Nagar, Chennai | B - 58, 70 Feet Road, Chennai Jawahar Nagar Chennai, Chennai City Pincode - 600082 | SBIN0007582 | 600002019 | 044-25500983 |
| K K Nagar | 207, Ramaswamy Road, K.k.nagar, Chennai, Tamil Nadu, Pin - 6000078 | SBIN0007625 | 600002020 | 044-24843134 |
| Kilpauk, Chennai | 22, Taylors Road Kilpauk Chennai, 600010 | SBIN0001853 | 600002021 | 044-26448348 |
| Kodambakkam | Ambiga Complex, 32 Arcot Road, Distt. Chennai, Tamil Nadu 600024 | SBIN0001444 | 600002022 | 044-24849964, 24849965 |
| Kottur | No.4, Dhandayuthapani, Chennai City, Tamil Nadu 600085 | SBIN0001669 | 600002023 | 044-24474962, 24470747 |
| Chennai Main | 84 Rajaji Salai, Chennai, Tamil Nadu 600001 | SBIN0000800 | 600002025 | 044-25220141 |
| Madras University | University Bldgs, Chepauk, Chennai Chennai, 600005 | SBIN0002234 | 600002026 | 044-25361444 |
| Mahalingapuram, Chennai | 12, Lady Madhawan Road Chennai City Pincode - 600034 | SBIN0007105 | 600002027 | 044-28171386 |
| Mandaveli | Post Box No.3105, 48, Venkatakrishna Iyer Road, Chennai, 600028 | SBIN0001854 | 600002028 | 044-24939514 |
| Mannady, Chennai | 31, Stringers Street, Mannady Chennai City, Tamil Nadu 600108 | SBIN0001682 | 600002029 | 044-25385161, 25384514 |
| Mint Terminus, Chennai | 21, Mint Street Mint Terminus Chennai, Tamil Nadu 600079 | SBIN0001476 | 600002030 | 044-25201068 |
| Mylapore | 46 By1, Luz Church Rd, Chennai | SBIN0000965 | 600002031 | 1800 425 3800 |
| Valluvarkottam | No.1, Balaji Avenue, 6b, Tirumalai Pillai Road, Chennai, 600017 | SBIN0002244 | 600002033 | 044-28343336 |
| Nungambakkam | 6 Uthamar Gandhi Rd Nungambakkam Chennai TN | SBIN0001176 | 600002034 | 044-28250069/ 2826715028213585 /28272392 |
| PWD Complex, Chennai | P.B. NO.153 Chepauk, Chennai City Pincode - 600005 | SBIN0006489 | 600002036 | 044-28546778 |
| Perambur | 110 Madhavaram High Rd., Perambur, Chennai, TN, 600007 | SBIN0002256 | 600002038 | 044-25584195, 044-25581812, 044-25585445 |
| Anna University | AU College Campus Sardar Patel Rd Guindy Chennai TN | SBIN0006463 | 600002039 | 044-22351353, 22200016 |
| Periamet Chennai | 144, Vepery High Road, Chennai Chennai Chennai City, 600003 | SBIN0002257 | 600002040 | 044-25389805, 25389541 |
| Purasawalkam | 271, Purasawalkam High Rd, Purasawalkam, Chennai, 600007 | SBIN0001515 | 600002041 | 044-26401756, 044-26401755, 044-26425321 |
| R A Puram Chennai | 19, III Cross Road, Chennai, New No.12, Raja Annamalaipuram Chennai City, 600028 | SBIN0001855 | 600002042 | 044-24330801 |
| Royapettah | 213, Royapettah High Road, Chennai City, Tamil Nadu 600014 | SBIN0001793 | 600002043 | 044- 28111887 |
| Royapuram, Chennai | Post Box No 553, No.178 Mannarswamy Koil Street, Royapuram Chennai, 600013 | SBIN0002265 | 600002044 | 044-25951944 |
| Saidapet Bazar, Chennai | 14 - 15 Jeenis Road Saidapet Chennai City, 600015 | SBIN0002266 | 600002046 | 044-24331051, 24363114, 24355916 |
| Sant Home | 9 DE Monte Street, Santhome High Road, Santhome , Chennai , Pin - 600004 | SBIN0005797 | 600002048 | 044-24942169 |
| Siruthozhil Chennai | 320, Valluvar, Kottam High Road, Nungambakkam, Chennai, Pin 600034 | SBIN0006616 | 600002050 | 044-28221624 044-28211664 |
| Sowcarpet, Chennai | 31, Bunder Street, Chennai Govindappa Naicken St.chennai City, Tamil Nadu 600001 | SBIN0001017 | 600002051 | 044-25369584 |
