SBI Car Loan in Mumbai

Last Updated : Sept. 5, 2017, 5:48 p.m.
About State Bank of India Car Loan in Mumbai
Serving the country’s population for more than 200 years, the State Bank of India has pioneered the Indian Banking and Financial market. It is the largest bank in the country having a noteworthy presence in and outside the domestic boundaries. The bank has 14 regional hubs and 57 zonal offices in the important cities. The Indian head office of the bank is located at Madam Cama Road in Mumbai. Through its network of branches in Mumbai city the bank has helped many people overcome their financial grievances.
SBI Car Loan in Mumbai 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 Mumbai
Address of SBI Branches in Mumbai
The branch address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Mumbai are mentioned in the table below:
Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
---|---|---|---|---|
J P Road, Andheri (W) | Dadabhai Cross Road No 1. J P Road, Near Sony Mony, Andheri West, Dist Greater Mumbai 400058 | SBIN0012959 | 250002033 | 9930067481 |
Govandi | Bhaktakavi Shivajibhai Devshi Road, Govandi Mumbai, Dist Mumbai 400088 | SBIN0013055 | 302002045 | 9833446597 |
Samata Nagar Thane | Shop No 8, 9, 10 Vihang Garden, Samata Nagar Thane, Thane, Dist Mumbai 400610 | SBIN0013035 | 390002076 | 9422572913 |
Thakur Village, Kandivali (E) | Gokul Residency, Shop No 26 To 31, Thakur Village, Kandivali E, Mumbai, 400101 | SBIN0013036 | 390002137 | 9869417683 |
MICR, Mumbai | Madhuli, 1st Floor, H By 2, Shivsagar Estate, Dr.Anne Besant Road, Pin - 400018 | SBIN0004195 | 400002000 | 022-24973909 |
Andheri East | M V Road Andheri E Mumbai Maharashtra | SBIN0000539 | 400002002 | 022-26839154 |
Andheri West | Rahul Apartments, Opp. Shoppers Stop, Swami Vivekanand Rd, Mumbai, , Pin - 400058 | SBIN0004650 | 400002003 | 022-26230282IP |
Bhandup | Bhaichand Textile Mills, Lbs Marg, Bhandup, Distt. Brihan Mumbai, Maharashtra 400078 | SBIN0000562 | 400002007 | 022-25962191-95 |
Bhulabahai Desai Road | P.B. No.16518 Brihan Mumbai Maharashtra | SBIN0005340 | 400002008 | 022-23517980, 23525605 |
Mumbai Central, Mumbai | Maharashtra Vahatuk Bhavanbelasis Road, P.B. No. 4515, Mumbai Mumbai Central, Maharashtra 400008 | SBIN0000547 | 400002009 | 022-23061765 |
Borivali East | Datta Pada Manodaya Bldg, Borivli East , Mumbai, Maharashtra, Pin 400066 | SBIN0004666 | 400002011 | 022-28700783 |
Borivili West | Anjana Apratment No 2s V Road Boriwali West Mumbai, Maharashtra 400092 | SBIN0000551 | 400002012 | 022-28990168 |
Byculla | Sir Jacob Sasson High School, 340, J J Marg, Byculla, Mumbai Pin 400008 | SBIN0000343 | 400002013 | 022-23098685 |
Chembur | Sunbeam, 18th Road, Chembur, Mumbai, State Maharashtra, Pin 400071 | SBIN0000533 | 400002016 | 022-25288066 022-25283928 |
Churchgate | The International Maharshi Karve Road Distt Brihan Mumbai Maharashtra 400020 | SBIN0001821 | 400002018 | 022-22018419/ 22015439 |
Cuffe Parade | 6, Arcade, World Trade Centre, Cuffe Parade, Mumbai, Maharashtra | SBIN0005345 | 400002020 | 022-22185947 |
Dadar Millenium | Sharifa, Swami Dyanjivan, Das Peth, Near Dadar Post, Distt. Greater Bombay 400014 | SBIN0000353 | 400002021 | 022-24150652 |
Dahisar | P.O. Bag No.8205, Dev Ashish Shopping And Service I E, 1st Flr, , Sir Bharucha Road, Mumbai, Pin - 400068 | SBIN0004664 | 400002022 | 022-28933749 |
Deonar | Sion Trombay Road Near Deonar Bus Depot Distt Brihan Mumbai Maharashtra 400088 | SBIN0003109 | 400002023 | 022-25579231, 25510210 |
Dharavi, Mumbai | Diamond Apartments, Jasmine Mill Road, Mumbai, Maharashtra , Pin - 400017 | SBIN0003671 | 400002024 | 022-24044859 |
Fort Market, Mumbai | Bhagwan Bhawan, 71 - 73, Mint Road, Fort, Mumbai, Maharashtra , Pin - 400001 | SBIN0005347 | 400002025 | 022-22692443 |
Ghatkopar East | Mahatma Gandhi Road, Distt. Greater Bombay, Maharashtra 400077 | SBIN0000516 | 400002026 | 022-25159502/25124991 |
Ghatkoper West | Ashok Silk Mills Compound D L B S Marg Ghatkopar West Mumbai 400086 | SBIN0001131 | 400002027 | 022-25003572, 25006223 |
Girgaon Branch | H N Hospital Building, Svp Road Girgaon Mumbai Maharashtra 400004 | SBIN0000374 | 400002028 | 022-23824505 |
Goregaon East | 12, Jai Prakash Narayan Rd, No.2, Goregaon East, Mumbai | SBIN0001975 | 400002029 | 022-26860149 |
Goregaon West, Mumbai | Mumbai 9, Jawahar Nagar S V Road Goregaon W Mumbai, Maharashtra 400062 | SBIN0001266 | 400002030 | 022-28723820, 28786875 |
August Kranti Maidan | Jamshed Hall, 49 Forjet Street, Mumbai, 400036 | SBIN0001885 | 400002032 | 022-23886214 |
Hughes Road, Mumbai | Aderbad, 34, Hughes Road, Mumbai , Maharashtra, Pin - 400007 | SBIN0005800 | 400002033 | 022-23679473 23636561 |
International Air Cargo Complex Branch, Mumbai | New Satellite Bldg Distt Brihan Mumbai Maharashtra 400099 | SBIN0005937 | 400002035 | 022-26828274 |
Jacob Circle, Mumbai | Simplex Mills Compd, Keshavrao Khade Marg, Sant Gadge Maharaj Chowk, P. Bag No. 6258, Mumbai | SBIN0001835 | 400002036 | 022-23082001 |
Jogeshwari (East) | Dastur Bldg. Caves Road, Jogeshwari East, Brihan Mumbai, Maharashtra, Pin 400060 | SBIN0001861 | 400002037 | 01861-8382276 |
Jogeswari West | Ghaswala East Swami Vivekananda Road, Mumbai, Maharashtra, Pin - 400060 | SBIN0004626 | 400002038 | 022-26781982 |
Juhu Tara | Sri Lalita Building, Near Bombay Flying Club, Juhu Tara Road, Mumbai, Maharashtra 400049 | SBIN0001685 | 400002039 | 022-26602757 |
JVPD Scheme, Mumbai | Yogi Smruti, Plot No.9, 10th Road, Juhu Vile Parle , Development Scheme, Mumbai, Pin - 400056 | SBIN0005349 | 400002040 | 022-26239171 |
Kandivali Industrial Estate, Mumbai | Plot No 11 B Govt Industrial Estate, Kandivali Mumbai, Maharashtra 400067 | SBIN0000566 | 400002042 | 022-28682570 |
Kandivali West | Shantilal Modi Road Mumbai Kandivali West Mumbai, Maharashtra 40006 | SBIN0001185 | 400002043 | 022-28071472 |
Kanjurmarg, Mumbai | Akash Deep, Kajur Village Road, Mumbai, Mumbai Pincode - 400042 | SBIN0006249 | 400002044 | 022-25795498 |
Khar West | Ghodbunder Road, Plot No 81 SV Road Near Khar West, Mumbai, Pin - 400052 | SBIN0004613 | 400002045 | 022-26483248 |
Lalbaug | Airawat, 75, Dr. Ambedkar Rd., P.B. No.7818, Lalbaug, Mumbai - 400033, Maharashtra, Pin 400033 | SBIN0001850 | 400002046 | 022-23726294 |
Linking Road Bandra, Mumbai | Patwarthan House Near National College Linking Road, Bandra West Mumbai, Maharashtra 400050 | SBIN0000548 | 400002047 | 022- 26465660 |
Lower Parel, Mumbai | Madhusudan Mills Compound, Pandurang Budhkar Marg, Mumbai, Maharashtra, Pin - 400013 | SBIN0003428 | 400002048 | 022-24934338 |
Malad East | P.B. No. 17604, Filka Building, Junction Of Dafftaryand Poddar Rd., Mumbai | SBIN0003110 | 400002051 | 022-28834000 |
Malad West, Mumbai | Near Chincholi Phataks V Road Malad West Mumbai, Maharashtra 400064 | SBIN0000552 | 400002052 | 022-28827870 |
Mandvi | 75 Abdul Rehman Street Distt Brihan Mumbai 400003 | SBIN0000423 | 400002053 | 022-23400638 |
Marol, Andheri East | Hotel Silver Arde, Marol Maroshi Rd, Mumbai, Maharashtra | SBIN0001594 | 400002054 | 022-28526567 |
Masjid Bunder, Mumbai | PB No. 5211, Rajgor Chambers, Pt No. 99, Stn. Low Level Road, Mumbai, 400009 | SBIN0001863 | 400002055 | 022-23759542 |