SBI Car Loan Kochi Interest Rate-WIshfin

SBI Car Loan in Kochi

About State Bank of India Car Loan in Kochi

In Kochi, State Bank of India provides multiple products. This list of products includes car loan as well. The bank to make it possible for the people to have their dream car gives them car loan. It charges interest on the credit facility and sanctions the loan for the highest tenure of 7 years. The information relevant to Car Loan Kochi is provided here.

SBI Car Loan in Kochi at a Glance

Interest Rate7.20% - 7.90%
Processing FeeNew Cars: No processing fees
Used Cars: 1.25% of loan amount + GST; Min INR 3750 + GST & Max: INR 10,000 + 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 Kochi

Address of SBI Branches in Kochi

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

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
RCPC - Ernakulam

State Bank Of India, Regional Business Office - II ( SU ), LHO Annexe - II, Shanmugham Road, Cochin, Dist: Ernakulam - 682031SBIN0013824NON-MICR0484-2361318, 2352079
Kochi Shipyard

P.B. No. 1655, Perumanur, M.G. Road Pin- 682015SBIN00032296820020040484-2354786
NRI, Kochi

Deepa Theatre Bldg, M.G. Rd., NRI Kochi, Ernakulam, KeralaSBIN00065616820020081800 425 3800

Parambi Estate, Perumanoor, Ernakulam, State Kerala, Pin 682015SBIN00086606820020120484-2359038
Vyttila, Kochi

29 1288, B - Cummins Building Vyttilla Junction, National Highway, Kochi , Pin - 682019
SBIN00086946820020130484-2302365, 2303521
Cepz Kakkanad

Ernakulam, Kerala, Pin 682030SBIN00094856820020150484-2413185

Calvetty Rd, Fort Cochin, Ernakulam, KeralaSBIN00008266820020181800 425 3800
Overseas Branch, KochiDist Ernakulam, Kerala 682003SBIN00009676820020190484-2666210
Panayapalli, Kochi

Post Bag No. 280, XII By 1052, Panyapally, Kochi, Dist Ernakulam, 682002SBIN00022506820020200484-2227433
Kochi Port Trust

North End, Willingdon Island, Cochin Port Trust, Ernakulam, KeralaSBIN00063676820020211800 425 3800

Near Factcd Main Gate Via Tripurith Ura, AmbalameduSBIN00011086820020270484-2720337
Infopark Branch, Kochi

Npol Compound Kakkanad Ernakulam Kerala 682037SBIN00103166820020370484-2572013
High Court Of Kerala

High Court Complex, Ground Floor, Ernakulam, Kochi, Kerala 682031SBIN00105646820020420484-2392790
Kochi Refineries

Kochi Refineries Compound, Ambalamedu, Ernakulam District, Kerala 682303SBIN00105676820020430484-2822910

Mullapalli Bldgs., Alwayemannar Road, Pin 682542SBIN00086616820020540484-2523198

Plot No. 40/9043/ B, 1st Floor, YMCA Junction, Chittor Road, Ernakulam - 682035SBIN00304736820050020484-2367999
Smart City

Smart City , Heera Cyber Views, Infopark -edachira Road, Thengode P.O., Kochi. Kerala -682030SBIN0015789 NON-MICR0484-2372683

Bldg No. 33/644 C, Govt High School Road, Vennala Po , Kochi. Kerala - 682028
SBIN0016072 NON-MICR9497717566

No 57314 A Naveen Arcaderavindran Road Kadavanthtra Post Ernakulam Kerala 682020SBIN0018059 NON-MICR9496251777

Grand Baykattakkara Jnkaloor Kadavanthra Road Kaloorcochin 17 Ernakulam Kerala 682017SBIN0018060 NON-MICR9447515599
Panampilly Nagar

Door No 395173 A KC Abraham Master Road Panampilly Nagar Kochi Distt. Ernakulam Kerala 682036SBIN0018061NON-MICR9446574742

Athekkedath Complex Poysha Road Ponekkara Distt Ernakulam Kerala 682041SBIN0018168NON-MICR9497714779
Sbiintouch Lite, Padamugal

No. Xi673b1, Sbiintouch Lite, Padamugal Kakkanad, Noel House, Posttrikkakara, Ernakulam 682021SBIN0019011NON-MICR9447339953

Kunnumpuram, Post Desom, Dist. Ernakulam, Kerala- 683102SBIN0018621NON-MICR9446460517

Valiyakulangara Towers, Koothattukulam, Dist. Ernakulam, Kerala- 686662SBIN0018636NON-MICR8547853359
SBI intouch Edappally

Metro Pillar Arcade, Edapally, Ernakulam. Kerala- 682024


Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%