Car Loan Rates EMI 2024
SBI Car Loan in Hyderabad
Last Updated : March 31, 2017, 4:52 p.m.
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
| 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 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 Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Service Branch, Hyderabad | Dist Hyderabad Andhra Pradesh 500029 | SBIN0008983 | 500002001 | 040-232427, 23242792 |
| Hyderabad Main | Bank Street, Koti, Hyderabad, Andhra Pradesh 500095 | SBIN0000847 | 500002002 | 040-24756848, 24756786 |
| Abid Road, Hyderabad | 3rd Floor, Ner Suryalok , D No 5 - 9 - 300, Gunfoundry Hyderabad , Pin - 500001 | SBIN0008617 | 500002003 | 040-23296844 |
| Agapura, Hyderabad | H No.5 - 7 - 214 Street No.3 Agapura Hyderabad 500001 | SBIN0001979 | 500002004 | 040-27883146 |
| Aliabad, Hyderabad | 20 - 6 - 479 By 1, Opp. Clock Tower, Shah Ali Banda, Hyderabad | SBIN0008024 | 500002005 | 040-24524157 |
| Barkatpura, Hyderabad | 3 - 4 - 769, YRS Residency, Barkatpura Chaman, Hyderabad, Ap , Pin - 500027 | SBIN0007641 | 500002009 | 040 27563888 |
| Begum Bazar | 1st Floor, Balapur X Roads, Meerpet, Hyderabad 500079 , Rangareddy Dist, A P | SBIN0003184 | 500002011 | 040 24606830 |
| Chandrayanagutta | Kanchanbagh Cross Rd, Chandrayanagutta, Hyderabad, A.P. 500058 | SBIN0003026 | 500002012 | 040-24341546, 040-24340417, 040-24340162 |
| Chandulal Baradari, Hyderabad | Industrial Estate, Road No 1, Bahadurpura, Hyderabad | SBIN0003256 | 500002013 | 040-24473450 |
| Charminar, Hyderabad | H.No.22 - 7 - 110 To 115, II Floor, 142 - 146, SYG Shopping Complex, Pathergatti, 500002 | SBIN0001879 | 500002014 | 040-24524590, 040-24565305 |
| Chirag Ali Lane, Hyderabad | 5 - 8 - 512, Abids Shopping Centre, Jagdish Shopping Centre Hyderabad , Andhra Pradesh , Pin - 500001 | SBIN0003529 | 500002015 | 23202298 |
| Amberpet, Hyderabad | Amberpet Shivam Road Hyderabad, Andhra Pradesh , Pin - 500013 | SBIN0003605 | 500002006 | 040-27422784, 27424764, 040-2742476 |
| Barkas, Hyderabad | Barkas, Keshogari Post, Hyderabad, A.P. , Pin - 500005 | SBIN0007110 | 500002008 | 040-24400200 |
| EDI Bazar | P.O. Saidabad, D.No.17 - 1 - 182 By 15, I S Sadan X Roads Santhosh Nagar, Hyderabad | SBIN0008026 | 500002016 | 040-24331833 |
| Gowliguda, Hyderabad | Post Bag No.6, Road No. 2, Jambhag Road Opp. Telephone Exchange, Hyderabad, 500012 | SBIN0002724 | 500002017 | 040-24618833 |
| MJJ Road, Hyderabad | Latha Talkies Complex, Nampally, Hyderabad , Pin - 500001 | SBIN0005894 | 500002018 | 040-23200515, 23201806, 040-23202537 |
| Osmangunj, Hyderabad | Osmanganj M.G. Road, Sherja Gate Hyderabad, Andhra Pradesh 500195 | SBIN0001342 | 500002031 | 040-24732029 040-24601194 |
| Parishrama Bhawan, Hyderabad | Apidc Bldg, Basheer Bagh Road Hyderabad, Hyderabad, 500029 | SBIN0002769 | 500002032 | 040-23212215 |
| PBB Red Hills, Hyderabad | Post Bag No.11, H.No. 11 - 5 - 460 By 1, Hyderabad, 500004 | SBIN0002790 | 500002033 | 040-23393722 |
| SBI Saifabad, Hyderabad | Haca Bhavan, Opp. To Assembly Saifabad, Hyderabad, A.P., Pin - 500004 | SBIN0007315 | 500002034 | 040-23244464, 040-23233462 |
| Shamshergunj, Hyderabad | Post Bag No.3, Hyderabad Andhra Pradesh 500053 | SBIN0001765 | 500002035 | 040- 24380633 |
| Vidyanagar, Hyderabad | No.12 - 10 - 586, Vidyanagar, Hyderabad, Andhra Pradesh , Pin - 500044 | SBIN0003608 | 500002036 | 040-27664669 |
| Isamia Bazar, Hyderabad | Opp. Moti Market, Koti, Hyderabad, A.P., 500027 , Pin - 500027 | SBIN0005895 | 500002020 | 040-24650583 |
| Karvan, Hyderabad | Near Tappachabutra, Police Station, Hyderabad, A.P. , Pin - 500067 | SBIN0007640 | 500002021 | 040-24825048 |
| Khairatabad, Hyderabad | Progressive Towers, Hyderabad, Khairatabad Hyderabad , Andhra Pradesh , Pin - 500004 | SBIN0003606 | 500002023 | 040-23390434 |
| King Koti, Hyderabad | Door No.4 - 1 - 1227, King Kothi Hyderabad, A.P. , Pin - 500001 | SBIN0007109 | 500002024 | 040-23212894 |
| Langar House, Hyderabad | Golkonda Post Hyderabad , Andhra Pradesh 500008 , Pin - 500008 | SBIN0003609 | 500002025 | 040-27513928 |
| MIR Alam Mandi, Hyderabad | H.N. 22 - 3 - 373, Near MIR Chowk Police Stn, Mir Alam Mandi , Hyderabad, Andhra Pradesh , Pin - 500002 | SBIN0004904 | 500002026 | 040-24523081 |
| Narayanaguda, Hyderabad | P.B. No.3, Himayatnagar P.O. D No 3 - 4 - 646 Opp.Deepak Mahal, Hyderabad | SBIN0003086 | 500002027 | 040-27563965 |
| Secunderabad | 1 - 1 - 78 Patny Circle, Adj. General Post Office, Distt. Hyderabad, Ap 500003 | SBIN0000916 | 500002037 | 040-7847156, 27847157 |
| Balkampet | Sanjeevareddy Nagar Main Road Hyderabad , Andhra Pradesh 500038 , Pin - 500038 | SBIN0003607 | 500002038 | 040-23706975 |
| Balanagar | Narsapur Cross Rd., Ward No.16, Balanagar, Hyderabad, Rangareddy | SBIN0006854 | 500002039 | 040-23879889 |
| Bhel R&D Complex, Hyderabad | Ferozguda, Bowenpally Post, Hyderabad , Pin - 500011 | SBIN0006300 | 500002040 | 040-27751737 |
| Hal Campus Balanagar | G 22, Hal Campus, Hyderabad, Rangareddy, Andhra Pradesh, Pin 500042 | SBIN0001676 | 500002044 | 040-23875991 |
| Hyderabad Airport, Hyderabad | Rajiv Gandhi Terminal Airport Begumpet Hyderabad, 500016 | SBIN0002727 | 500002045 | 040-27900813, 27905237 |
| New Mallepally, Hyderabad | Vijaynagar Colony, Hyderabad, Pin - 500457 | SBIN0008027 | 500002028 | 040-23340230 |
| Old Malakpet, Hyderabad | Near Nalgonda Cross Road, Hyderabad | SBIN0008023 | 500002030 | 040-24529001, 040-24417189 |