SBI Car Loan in Hyderabad

About State Bank of India Car Loan in Hyderabad

Do you have plans to buy your dream car? Yes, not buying it due to lack of adequate funds? Now don’t worry about the money as State Bank of India is here with its car loan product. The bank provides a car loan to the potential car buyers and helps them have access to keys of their dream car.

SBI Car Loan in Hyderabad 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 Hyderabad

Address of SBI Branches in Hyderabad

The branch address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Ahmedabad are mentioned in the table below:

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Service Branch, Hyderabad

Dist Hyderabad Andhra Pradesh 500029SBIN0008983500002001040-232427, 23242792
Hyderabad Main

Bank Street, Koti, Hyderabad, Andhra Pradesh 500095
SBIN0000847500002002040-24756848, 24756786
Abid Road, Hyderabad

3rd Floor, Ner Suryalok , D No 5 - 9 - 300, Gunfoundry Hyderabad , Pin - 500001
SBIN0008617500002003040-23296844
Agapura, Hyderabad

H No.5 - 7 - 214 Street No.3 Agapura Hyderabad 500001SBIN0001979500002004040-27883146
Aliabad, Hyderabad

20 - 6 - 479 By 1, Opp. Clock Tower, Shah Ali Banda, HyderabadSBIN0008024500002005040-24524157
Barkatpura, Hyderabad
3 - 4 - 769, YRS Residency, Barkatpura Chaman, Hyderabad, Ap , Pin - 500027SBIN0007641500002009040 27563888
Begum Bazar1st Floor, Balapur X Roads, Meerpet, Hyderabad 500079 , Rangareddy Dist, A PSBIN0003184500002011040 24606830
ChandrayanaguttaKanchanbagh Cross Rd, Chandrayanagutta, Hyderabad, A.P. 500058SBIN0003026500002012040-24341546, 040-24340417, 040-24340162
Chandulal Baradari, Hyderabad
Industrial Estate, Road No 1, Bahadurpura, Hyderabad
SBIN0003256500002013040-24473450
Charminar, HyderabadH.No.22 - 7 - 110 To 115, II Floor, 142 - 146, SYG Shopping Complex, Pathergatti, 500002
SBIN0001879500002014040-24524590, 040-24565305
Chirag Ali Lane, Hyderabad
5 - 8 - 512, Abids Shopping Centre, Jagdish Shopping Centre Hyderabad , Andhra Pradesh , Pin - 500001SBIN000352950000201523202298
Amberpet, Hyderabad

Amberpet Shivam Road Hyderabad, Andhra Pradesh , Pin - 500013SBIN0003605500002006040-27422784, 27424764, 040-2742476
Barkas, Hyderabad

Barkas, Keshogari Post, Hyderabad, A.P. , Pin - 500005SBIN0007110500002008040-24400200
EDI BazarP.O. Saidabad, D.No.17 - 1 - 182 By 15, I S Sadan X Roads Santhosh Nagar, HyderabadSBIN0008026500002016040-24331833
Gowliguda, Hyderabad
Post Bag No.6, Road No. 2, Jambhag Road Opp. Telephone Exchange, Hyderabad, 500012SBIN0002724500002017040-24618833
MJJ Road, HyderabadLatha Talkies Complex, Nampally, Hyderabad , Pin - 500001SBIN0005894500002018040-23200515, 23201806, 040-23202537
Osmangunj, Hyderabad

Osmanganj M.G. Road, Sherja Gate Hyderabad, Andhra Pradesh 500195SBIN0001342500002031040-24732029 040-24601194
Parishrama Bhawan, Hyderabad

Apidc Bldg, Basheer Bagh Road Hyderabad, Hyderabad, 500029SBIN0002769500002032040-23212215
PBB Red Hills, Hyderabad

Post Bag No.11, H.No. 11 - 5 - 460 By 1, Hyderabad, 500004SBIN0002790500002033040-23393722
SBI Saifabad, Hyderabad

Haca Bhavan, Opp. To Assembly Saifabad, Hyderabad, A.P., Pin - 500004SBIN0007315500002034040-23244464, 040-23233462
Shamshergunj, Hyderabad

Post Bag No.3, Hyderabad Andhra Pradesh 500053SBIN0001765500002035040- 24380633
Vidyanagar, Hyderabad

No.12 - 10 - 586, Vidyanagar, Hyderabad, Andhra Pradesh , Pin - 500044SBIN0003608500002036040-27664669
Isamia Bazar, Hyderabad

Opp. Moti Market, Koti, Hyderabad, A.P., 500027 , Pin - 500027SBIN0005895500002020040-24650583
Karvan, Hyderabad

Near Tappachabutra, Police Station, Hyderabad, A.P. , Pin - 500067SBIN0007640500002021040-24825048
Khairatabad, Hyderabad

Progressive Towers, Hyderabad, Khairatabad Hyderabad , Andhra Pradesh , Pin - 500004SBIN0003606500002023040-23390434
King Koti, Hyderabad

Door No.4 - 1 - 1227, King Kothi Hyderabad, A.P. , Pin - 500001SBIN0007109500002024040-23212894
Langar House, Hyderabad

Golkonda Post Hyderabad , Andhra Pradesh 500008 , Pin - 500008SBIN0003609500002025040-27513928
MIR Alam Mandi, Hyderabad

H.N. 22 - 3 - 373, Near MIR Chowk Police Stn, Mir Alam Mandi , Hyderabad, Andhra Pradesh , Pin - 500002 SBIN0004904500002026040-24523081
Narayanaguda, Hyderabad

P.B. No.3, Himayatnagar P.O. D No 3 - 4 - 646 Opp.Deepak Mahal, HyderabadSBIN0003086500002027040-27563965
Secunderabad

1 - 1 - 78 Patny Circle, Adj. General Post Office, Distt. Hyderabad, Ap 500003SBIN0000916500002037040-7847156, 27847157
Balkampet

Sanjeevareddy Nagar Main Road Hyderabad , Andhra Pradesh 500038 , Pin - 500038SBIN0003607500002038040-23706975
Balanagar

Narsapur Cross Rd., Ward No.16, Balanagar, Hyderabad, RangareddySBIN0006854500002039040-23879889
Bhel R&D Complex, Hyderabad

Ferozguda, Bowenpally Post, Hyderabad , Pin - 500011SBIN0006300500002040040-27751737
Hal Campus Balanagar

G 22, Hal Campus, Hyderabad, Rangareddy, Andhra Pradesh, Pin 500042SBIN0001676500002044040-23875991
Hyderabad Airport, Hyderabad

Rajiv Gandhi Terminal Airport Begumpet Hyderabad, 500016SBIN0002727500002045040-27900813, 27905237
New Mallepally, Hyderabad

Vijaynagar Colony, Hyderabad, Pin - 500457SBIN0008027500002028040-23340230
Old Malakpet, Hyderabad
Near Nalgonda Cross Road, HyderabadSBIN0008023500002030040-24529001, 040-24417189

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