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SBI Chennai

SBI Chennai

Last Updated : Aug. 30, 2018, 5:58 p.m.

Products Offered by SBI in Chennai

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:

Basic Details of State Bank of India Products

Product NameEligibility CriteriaAmountInterest RateProcessing FeeTenure
Home LoanMinimum age of the applicant should be 18 years and not more than 70 years at the time of repayment.Up to ₹ 10 crores9.15% - 11.30%Minimum - ₹ 1,000 to ₹ 10,000Up to 30 years
Personal LoanEligible segments - Salaried individual of good quality corporate, self- employed engineer, doctor, architect, chartered accountant, MBA with minimum 2 years standing
Central and state Government
Central PSUs
Profit making State PSUs
Educational Institutions of National Repute
Selected Corporates
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 + GSTUp to 5 years
Car LoanRegular 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 price7.20% - 7.90%For new car- ₹ 1,000
Pre-owned - ₹ 450 to ₹ 9,100 + GST
Maximum - 7 years
Loan Against PropertyAn 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 LoanBusiness units engaged in trading, manufacturing and servicesUp to ₹ 20 croresAs per the bank norms1% of the loan amount15 years
Gold LoanThe age of the applicant should be 21 years and aboveMinimum - ₹ 10,000
Maximum - ₹ 20 lacs
0.10150.50% of the loan amount + GSTUp to 30 months
Education LoanIndian 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 fee15 years
Fixed DepositAn individual either solely or jointly
A minor jointly with a major
Private Traders
Partnerships Firms
Societies & Corporates
-2.90% - 6.20%-7 days to 10 years

SBI Branches with IFSC Codes in Chennai

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

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Collectorate Road, Tiruvannamalai

Rayar Naidu Complex, 15 Polur Road, Tiruvannamalai 606601SBIN00129342440020999442218204
LHO, Chennai

Circle Top House, Aparna Complex, 16 College Lane ChennaiSBIN000397260000200028214293/ 28214785/ 28214617/ 28214618
Service Branch Chennai

Whites Road ChennaiSBIN0008443600002001044-28515627, 28522638, 28521849, 28522738

No. 5 First Cross Street, Kasturba Nagar, Adyar, Chennai 600020SBIN0001115600002002044-24416780, 24403578
Alwarpet, Chennai

241, TTK Road Alwarpet Chennai, 600018SBIN0002190600002003044-24992397 24988145

Post Bag No. 5402, 22, Sathurudden Sahib Street, ChennaiSBIN0003273600002004044-26640149, 044-26641257
Anna Nagar, Chennai

1st Floor, AG - 1, Shanti Colony, Anna Nagar, Chennai, Chennai City, 600040SBIN0002196600002005044-26211539
Anna Nagar West ChennaiY211, 2nd Avenue, Chennai, Pin 600040SBIN0003870600002006044-26215712, 044-26200247

P.B. No. 342103 A, Anna Salai, Chennai, Tamil Nadu, Pin 600002SBIN0000878600002007044-28603201

NO. 9, Muniathinam Street Ayyavoo Naidu Colony, Chennai City Pincode - 600029SBIN0006495600002008044-23632387, 044-23631326
Ashok Nagar

1 Housing Board Shop Comp Ashok Ngr Chennai T.N.
SBIN0001857600002009044-24892148, 23713330
Ayanavaram, Chennai

317, Konnur High Road, Opp. Ramanuja Nagar, Chennai, Chennai City, 600023SBIN0002202600002010044-26450981 044-26602792
C I T Nagar

1 North Rd, West CIT Ngr, Chennai, TN
SBIN00033076000020111800 425 3800
Chetput, Chennai

No.17, M.C. Nichols Road, Chennai Chennai City, 600031SBIN0001852600002012044-28363489
Chinthadripet, Chennai

24 , Arunachalam Street, Ist Floor Chinthadripet , Chennai Tamilnadu , Pin - 600002SBIN0005380600002013044-28418248
Commercial Branch, Chennai

Bombay Mutual Bldg., 232, Nsc Bose Road, Chennai 600001SBIN0007347600002014044-25342140, 044-25340975
Elephant Gate, Chennai

15, Ekambareswarar Street, Chennai, Chennai City, Tamilnadu , Pin - 600003SBIN0003308600002016044-25330801, 044-25358556

238 Avvai Shunmugam Sal - , Gopalapuram Distt. Chennai, Tamil Nadu 600086SBIN0000962600002017044-28351663, 28351015
IIT, Madras
IIT Campus, IIT, Chennai, Tamil NaduSBIN0001055600002018044-22570247, 22579354
Jawahar Nagar, Chennai

B - 58, 70 Feet Road, Chennai Jawahar Nagar Chennai, Chennai City Pincode - 600082SBIN0007582600002019044-25500983
K K Nagar

207, Ramaswamy Road, K.k.nagar, Chennai, Tamil Nadu, Pin - 6000078SBIN0007625600002020044-24843134
Kilpauk, Chennai22, Taylors Road Kilpauk Chennai, 600010SBIN0001853600002021044-26448348

Ambiga Complex, 32 Arcot Road, Distt. Chennai, Tamil Nadu 600024SBIN0001444600002022044-24849964, 24849965

No.4, Dhandayuthapani, Chennai City, Tamil Nadu 600085SBIN0001669600002023044-24474962, 24470747
Chennai Main

84 Rajaji Salai, Chennai, Tamil Nadu 600001SBIN0000800600002025044-25220141
Madras University

University Bldgs, Chepauk, Chennai Chennai, 600005SBIN0002234600002026044-25361444
Mahalingapuram, Chennai
12, Lady Madhawan Road Chennai City Pincode - 600034SBIN0007105600002027044-28171386

Post Box No.3105, 48, Venkatakrishna Iyer Road, Chennai, 600028SBIN0001854600002028044-24939514
Mannady, Chennai

31, Stringers Street, Mannady Chennai City, Tamil Nadu 600108SBIN0001682600002029044-25385161, 25384514
Mint Terminus, Chennai
21, Mint Street Mint Terminus Chennai, Tamil Nadu 600079SBIN0001476600002030044-25201068

46 By1, Luz Church Rd, Chennai
SBIN00009656000020311800 425 3800

No.1, Balaji Avenue, 6b, Tirumalai Pillai Road, Chennai, 600017SBIN0002244600002033044-28343336

6 Uthamar Gandhi Rd Nungambakkam Chennai TNSBIN0001176600002034044-28250069/ 2826715028213585 /28272392
PWD Complex, Chennai
P.B. NO.153 Chepauk, Chennai City Pincode - 600005SBIN0006489600002036044-28546778

110 Madhavaram High Rd., Perambur, Chennai, TN, 600007SBIN0002256600002038044-25584195, 044-25581812, 044-25585445
Anna University

AU College Campus Sardar Patel Rd Guindy Chennai TNSBIN0006463600002039044-22351353, 22200016
Periamet Chennai

144, Vepery High Road, Chennai Chennai Chennai City, 600003SBIN0002257600002040044-25389805, 25389541

271, Purasawalkam High Rd, Purasawalkam, Chennai, 600007SBIN0001515600002041044-26401756, 044-26401755, 044-26425321
R A Puram Chennai

19, III Cross Road, Chennai, New No.12, Raja Annamalaipuram Chennai City, 600028SBIN0001855600002042044-24330801

213, Royapettah High Road, Chennai City, Tamil Nadu 600014SBIN0001793600002043044- 28111887
Royapuram, Chennai

Post Box No 553, No.178 Mannarswamy Koil Street, Royapuram Chennai, 600013SBIN0002265600002044044-25951944
Saidapet Bazar, Chennai
14 - 15 Jeenis Road Saidapet Chennai City, 600015SBIN0002266600002046044-24331051, 24363114, 24355916
Sant Home

9 DE Monte Street, Santhome High Road, Santhome , Chennai , Pin - 600004
Siruthozhil Chennai

320, Valluvar, Kottam High Road, Nungambakkam, Chennai, Pin 600034
SBIN0006616600002050044-28221624 044-28211664
Sowcarpet, Chennai

31, Bunder Street, Chennai Govindappa Naicken St.chennai City, Tamil Nadu 600001SBIN0001017600002051044-25369584

State Bank of India Login

When it comes to login, it would not be wrong to say that you can easily login to your SBI account online. Yes, that’s right! With the help of an online facility, you can hassle-free login to your account and can check the same anytime from anywhere. You can know each and everything about your SBI account by simply login the same. With the help of having the credentials online, it is easy for you to keep a track of your account as well.

State Bank of India EMI Calculator

An EMI Calculator is surely one such magical device that helps you in knowing your monthly installments, interest outgo and total amount payable in the best way. You can use this device to know the exact calculations related to your loan EMIs, hence can take the smart financial decisions in the future. This tool by taking into consideration the loan amount, interest rate and tenure, gives you the exact and precise results in just a few seconds.

However, to make you understand better, below is a table showing the calculations on a loan amount of ₹3 Lakh, taken for a tenure of 4 years at an interest rate of 12.75% per annum.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

YearPrincipalInterestBalance Amount
1₹ 61,388₹ 34,745₹ 2,38,611
2₹ 69,689₹ 26,444₹ 1,68,922
3₹ 79,112₹ 17,020₹ 89,810
4₹ 89,894₹ 6323₹ 0

Documents Required

The list of documents required to avail the benefit of the financial products are given below:

Product NameDocuments
Home LoanFor 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 LoanLatest 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 LoanStatement 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 PropertyApplication 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 LoanProof 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 LoanApplication 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 LoanLetter 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 DepositProof 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

About State Bank of India (SBI)

State Bank of India is the most eminent bank of the country. Being the oldest bank, it has earned the trust of millions of customers. More than 95% of country’s population has an account in the bank. It has a huge number of branches and is present even in the remotest corner of the nation. It has a total number of 18,354 branches and around 49,577 ATMs spread across the length and breadth of the nation. It is truly described as “the banker to every Indian. Apart from national branches, the bank has the largest overseas presence. It has 191 foreign offices in 36 countries. Through its extensive presence, the bank aims at providing quality services to the customers. It helps people meet their financial goals by providing them tailor-made solutions for all their banking requirements. Whether it is the requirement of investment or taking advances the bank has a solution for all. It provides multiple loans and investment products such as term deposits, loan against property, recurring deposit, education loans, home loans, personal loans and corporate loans to its customers. These services are rendered in all part of the country including Chennai city. The people of Chennai can avail the benefits of any of the product by visiting the nearest bank branch. The branch addresses, IFSC Code and contact details of SBI Branches in Chennai are given below.

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