SBI Chandigarh
Last Updated : Aug. 30, 2018, 5:58 p.m.
About State Bank of India (SBI)
The State Bank of India is the oldest and largest bank in the country. It is a nationalised bank that has an extensive presence all across the country. It has a network of 18,354 branches and about 49,577 ATMs present throughout the length and breadth of the country. The headquarters of the bank are located in Mumbai. It is the leading bank that has been serving the banking requirements of the country’s people for more than 200 years. The bank values its customers and aims at customer’s satisfaction by providing them with the accurate banking solution. The mission of the bank is to deliver the products and services that can help the customer achieve his/her financial objective.
The products offered by the bank are classified under the section: personal banking products, corporate banking products, government banking products and agricultural banking products. These categories further comprise of multiple products like term deposits, loan against property, recurring deposit, education loans and corporate loans. It is the pioneer and market leader in the agri-financing in the country. It even received the “Top Public Sector Bank under SME Financing” award by Dun and Bradstreet. The strength of the bank is the trust of the people in the bank.
Address of SBI Branches in Chandigarh
The complete address, IFSC Code, MICR Code and customer care details of State Bank of India branches located in Chandigarh are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Service Branch Chandigarh | 105108 Sec 17 BCHD | SBIN0009850 | 160002001 | 0172-2714088, 2703772, 2714270 |
| Attawa, Chandigarh | Attawa Sector 42 C Chandigarh Chandigarh , Pin - 160036 | SBIN0003936 | 160002002 | 0172-2602013 |
| HCS Chandigarh | Sector 1, Chandigarh, Haryana , Pin - 160001 | SBIN0006831 | 160002004 | 0172-2749200 5080062, 2741281 |
| Industrial Estate, Chandigarh | M W Marketind Area Phase I Chandigarh Haryana 160002 | SBIN0001508 | 160002005 | 1722650602 |
| SCB Chandigarh | Specialised Comm. Branch, Sco 103 - 106, Sec - 17 B, Chandigarh | SBIN0009926 | 160002006 | 0172- 2700915 |
| Medical Institute (PGI) | PG I Sector 12, Chandigarh, Pin 160012 | SBIN0001524 | 160002007 | 0172-2747012 |
| Panjab Engineering College, Chandigarh | Sector - 12, Chandigarh 160012 | SBIN0002452 | 160002008 | 0172-2744072 |
| Punjab University | PU Sector 14, Chandigarh, Pin 160014 | SBIN0000742 | 160002009 | 0172-2541252 |
| Ram Darbar, Chandigarh | Ramdarbar Chandigarh, Chandigarh , Pin - 160002 | SBIN0007501 | 160002010 | 0172-2653743, 2651890 |
| Air Force Station Chandigarh | No. 3 BRD Chandigarh 160003 | SBIN0001495 | 160002012 | 0172-2657210 |
| PBB Chandigarh | Sector 17 Blho Complex Chandigarh , Pin - 160001 | SBIN0004049 | 160002013 | 0172-2701673, 2704301 |
| Sector - 7 | Sec - 7 Chandigarh | SBIN0003246 | 160002014 | 0172-2794497/ 5080753 |
| Sector - 22 - C Chandigarh | SCO No.291516, Sector 22c, Chandigarh, Pin 160022 | SBIN0004703 | 160002015 | 0172-2721059 0172-2700151 |
| Sector - 23, Chandigarh | SCO 35, Sector 23 C, Chandigarh, SCO 35, Sector 23 C, Chandigarh | SBIN0003263 | 160002016 | 0172- 2715490 2707357 |
| Sector - 30 Chandigarh | Sec. - 30, Chandigarh | SBIN0001443 | 160002017 | 0172-2638231 0172-2651702 |
| Sector - 31, Chandigarh | SCO No 75 - 76 Sector 31 C, Chandigarh, Chandigarh , Pin - 160031 | SBIN0005864 | 160002018 | 0172-2601686, 2668704 |
| Sector - 41, Chandigarh | Sector 41, Chandigarh Pin - 160055 | SBIN0009301 | 160002019 | 0172-2629538 |
| Chandigarh Main | Sector 17, Chandigarh. Pincode 160017 | SBIN0000628 | 160002020 | 0172-2703933/ 2713748 |
| Sector - 34, Chandigarh | SCO 156 - 159, Sector 34 A Chandigarh, Chandigarh , Pin - 160022 | SBIN0008701 | 160002021 | 0172-2602006 |
| Sector - 37, Chandigarh | S.C.O. NO.221, Sector - 37 Chandigarh , Pin - 160036 | SBIN0006597 | 160002022 | 0172-2691196 |
| NRI Chandigarh | 111113, Sector17 B, Chandigarh, Pin 160017 | SBIN0005850 | 160002027 | 0172-2709414 |
| High Grounds | High Grounds Chandigarh, Pin - 160004 | SBIN0004934 | 160002032 | 01762-288014 |
| Chandigarh Housing Board | Sector 9, Chandigarh 160009 | SBIN0010604 | 160002042 | 9876186602 |
| Govt. Medical College Hospital Sector 32, Chandigarh 160032 | Govt. Medical College Hospital Sector 32, Chandigarh 160032 | SBIN0010607 | 160002043 | 9815146407 |
| Sri Guru Gobind Singh College, Chandigarh | Sri Guru Gobind Singh College, Sector 26, Chandigarh 160026 | SBIN0010608 | 160002044 | 9855024220 |
| M.C.M. D.A.V. College For Women, Chandigarh | M.C.M. D.A.V. College For Women, Sector 26, Chandigarh, 160026 | SBIN0010609 | 160002045 | 9872996781 |
| New Haryana Sectt. Opposite Fire Station | New Haryana Sectt. Opposite Fire Station Setor 17, Chandigarh 160017 | SBIN0010603 | 160002046 | 0172-2771721 |
| Shri Rajiv Gandhi IT Park | Govt College For Girls, Sector 11, Chandigarh, Chandigarh | SBIN0010605 | 160002049 | 0172-2747010; 9888880304 |
| Sec - 49 Chandigarh | Govt College For Boys, Sector11, Chandigarh | SBIN0010606 | 160002050 | 0172-2747011; 9815501417 |
| SME Branch Chandigarh | 3rd.floor, SCO. 4348, Bank.square, Sector 17. B, Chandigarh 160017 | SBIN0011705 | 160002054 | 0172-2702820, 2702113 |
| SME City Credit Centre, Chandigarh | Dist Chandigarh State Chandigarh Pin 160017 | SBIN0005022 | 160002093 | 0172-5548665 |
| Trade Finance CPC (TFCPC) Chandigarh | SBI Zonal Office 101 - 107 Sector 17b Chandigarh | SBIN0005062 | 160002095 | 0172-2703098, 2704692 |
| Zonal Office (punjab) Chandigarh | Chandigarh State Chandigarh Pincode 160017 | SBIN0006753 | 160002503 | 0172-2702114 |
| SAMB, Chandigarh | SCO, 109 - 110, 4th Floor, SBI Zo, Punjab Chandigarh Building, Sector - 17 | SBIN0004262 | 160002928 | 0172-2720579 |
| Office Administration, Department. Chandigarh LHO | Local Head Office, Sector17 A, Chandigarh | SBIN0005788 | 160002989 | 0172-2714833 |
| Chandigarh | Shopping Centre, SCO NO - 118, 119, 120, Sector - 34 A, Chandigarh - 160022 | SBIN0030440 | 160005002 | 0172-5079276 |
Products Offered by SBI in Chandigarh
The State Bank of India offers a wide range of products under the category of loan and investments. The loan products offered by the bank include home loan, personal loan, car loan, education loan, business loan, loan against property and gold loan. It even proffers investment products such as fixed deposits. The details, eligibility criteria, rate of interest and tenure of various loan and investment products offered by the bank are given in the table below:
Details of State Bank of India Products
| Product Name | Eligibility Criteria | Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | Minimum age of the applicant should be 18 years and not more than 70 years at the time of repayment. | Up to ₹ 10 crores | 9.15% - 11.30% | Minimum - ₹ 1,000 to ₹ 10,000 | Up to 30 years |
| Personal Loan | Eligible segments - Salaried individual of good quality corporate, self- employed engineer, doctor, architect, chartered accountant, MBA with minimum 2 years standing Central and state Government Quasi-Government Central PSUs Profit making State PSUs Educational Institutions of National Repute Selected Corporates Pensioners | Minimum - ₹ 24,000 in metro & urban areas, ₹ 10,000 in rural areas Maximum - ₹ 15,00,000 | 11.00% - 14.00% | 1% - 3% of the loan amount + GST | Up to 5 years |
| Car Loan | 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 | Maximum - Up to 85% of on-road price | 7.20% - 7.90% | For new car- ₹ 1,000 Pre-owned - ₹ 450 to ₹ 9,100 + GST | Maximum - 7 years |
| Loan Against Property | An employee or a professional, self-employed or an income tax assesses or NRIs (Who has residential property or commercial properties in his own name or in the name of spouse/children/parent/sibling) Minimum net monthly income of the individual should be ₹ 25,000 or ₹ 3,00,000 per annum The maximum age shouldn’t exceed 70 years at the time of repayment | Minimum - ₹ 10 lacs Maximum - ₹ 7.5 crores | 9.45% - 11% p.a. | 1% of the loan + GST Maximum - ₹ 50,000 + GST | Minimum - 5 years Maximum - 15 years |
| Business Loan | Business units engaged in trading, manufacturing and services | Up to ₹ 20 crores | As per the bank norms | 1% of the loan amount | 15 years |
| Gold Loan | The age of the applicant should be 21 years and above | Minimum - ₹ 10,000 Maximum - ₹ 20 lacs | 0.1015 | 0.50% of the loan amount + GST | Up to 30 months |
| Education Loan | Indian Nationals for pursuing higher education in India or abroad where admission has been secured | For studies in India - maximum ₹ 10 lacs Studies abroad - maximum ₹ 20 lacs | 9.35% - 10.75% p.a. | No processing fee | 15 years |
| Fixed Deposit | An individual either solely or jointly A minor jointly with a major HUF Private Traders Professionals Partnerships Firms Companies Clubs Societies & Corporates | - | 2.90% - 6.20% | - | 7 days to 10 years |
Documents Required
The list of documents required to avail the benefit of the financial products are given below:
| Product Name | Documents |
|---|---|
| Home Loan | For Applicants: Completed loan application 3 Passport size photographs Proof of identify (photocopies of Voters ID card/ Passport/ Driving licence/ IT PAN card) Proof of residence (photocopies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card) Proof of business address for non-salaried individuals Statement of Bank Account/ Pass Book for last six months Signature identification from present bankers Personal Assets and Liabilities statement For Guarantor: Personal Assets and Liabilities Statement 2 passport size photographs Proof of identification as above Proof of residence as above Proof of business address as above Signature identification from his/her present bankers Additional Documents for Salaried: Original Salary Certificate from employer TDS certificate on Form 16 or copy of IT Returns for last two financial years, duly acknowledged by IT Deptt. Additional Documents for Professionals/ Self- Employed/ Other IT assesses: Acknowledged copies of three years I.T. returns/ Assessment Orders Photocopies of challans evidencing payment of Advance Income Tax |
| Personal Loan | Latest Photograph, Photo Identity & Residence Proof of the Applicant & Guarantor Income Proof - Salary slips for last 3 months, ITR/ Form 16 for last 3 years (for salaried) |
| Car Loan | 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) |
| Loan Against Property | Application form Financial Statements in case limit is over Rs.10.00 Lakh Copy of Sales Tax / VAT / any other Tax Registration if applicable Details of Property offered along with the latest valuation For existing business, statement of accounts maintained with other Banks |
| Business Loan | Proof of Identity: Voter’s ID Card/ Passport/ Driving License/ PAN Card/ Signature identification from present bankers of proprietor, partner of director (if a company) Proof of residence: Recent telephone bills, electricity bill, property tax receipt /Passport/ Voter’s ID Card of Proprietor, partner of Director (if a company) Proof of business Address Panchayat Licence Actual - Past 3 years Balance Sheet, Estimated - Current Year Balance Sheet, Projected - Next Year Balance Sheet CMA form Copy of Sales tax / VAT /any other Tax Registration Memorandum and articles of association of the Company/ Partnership Deed of partners etc. Assets and liabilities statement of promoters and guarantors along with latest income tax returns Project Report Plan / Estimate / Invoices Rent Agreement (if business premises on rent) and clearance from pollution control board if applicable Power Allocation SSI / MSME registration if applicable Projected balance sheets for the next two years in case of working capital limits and for the period of the loan in case of term loan (for all cases of Rs.2 lakhs and above) Photocopies of lease deeds/ title deeds of all the properties being offered as primary and collateral securities |
| Gold Loan | Application Form for Gold Loans Two copies of photograph of the borrower(s) Proof of Identity - Passport/ PAN Card/ Voters ID card/ Driving License etc. Proof of Address - Ration card/Driving License/Voters ID card/Passport /Telephone Bill/ Electricity bill/Life Insurance policy |
| Education Loan | Letter of admission Completely filled in Loan Application Form 2 passport size photographs Statement of cost of study PAN Card of the student and Parent/ Guardian AADHAR Card of the student and Parent/ Guardian Proof of identity (Driving Licence/Passport/Aadhar/ any photo identity) Proof of residence (Driving Licence/Passport/Electricity bill/Telephone bill) Student/Co-borrower/ guarantor's bank account statement for last 6 months IT return/ IT assessment order, of previous 2 years of Parent/ Guardian/ other co-borrower (if IT Payee) Brief statement of assets & liabilities of Parent/ Guardian/ other co-borrower Proof of income (i.e. salary slips/ Form 16) Parent/ Guardian/ other co-borrower |
| Fixed Deposit | Proof of Identity - Passport, Voter ID card, Driving license, PAN card, Government department ID card Proof of Residence - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement |
