SBI Jammu

About State Bank of India (SBI)

State Bank of India is the only Indian bank to find a place in the Fortune Global 500 list. It is the most eminent bank of the country that has been working selflessly to provide timely banking services to the people of the country and help them attain their financial goals. The bank considers customers as its strength and therefore, are prompt, polite and proactive with the customers. The dedicated management and staff go beyond the call of duty to make the customer feel valued. All the schemes and products of the bank are uniquely made to resolve the problem of the customer and grant a suitable solution. The bank missions at rendering service in the remotest corner of the country. The bank has played an extremely important role in developing India's rural regions, providing the financing needed to modernise the country's agricultural industry and develop new irrigation methods and cattle breeding techniques, and backing the creation of dairy farming, as well as pork and poultry industries. The bank also provided backing for the development of the country's infrastructure, particularly on a local level, where it provided credit coverage and development assistance to villages. The nationalisation of the banking sector itself, an event that occurred in 1969 under the government led by Indira Gandhi, gave SBI new prominence as the country's leading bank.  

Address of SBI Branches in Jammu

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

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
Hari Market

Hari Market, Near Bus Stand, Jammu, J And KSBIN0000657180002001 0191-2574086

Purani Mandi

Old Hospital Road JDA Complex Jammu Tawi, Jammu And Kashmir 180001SBIN00012911800020020191-2545516
Kachi Chawni Jammu

Jammu J&K Dist Jammu, Jammu Kashmir 180 001 180001SBIN00023741800020030191-2541001
Railway Station, Jammu

Jammu, Trikuta Nagar, Jammu, Jammu And Kashmir , Pin - 180003SBIN00068941800020060191-2473468
Rehari Colony, Jammu

Rehari Colony, Jammu Kashmir Pin - 190005SBIN00091241800020070191-2586211, 2579323
Karan Nagar, Jammu

Jammu Tawai , Jammu And Kashmir , Pin - 180001SBIN00079701800020080191-2573078, 2544184
Mohalla Janipur, Jammu

Jammu Tawi Mohalla Janipur, Jammu, Jammu And Kashmir , Pin - 1800007
SBIN00079741800020092533019 2530053
Talab Tiloo, Jammu

Canal Road, Dist Jammu, Jammu And Kashmir , Pin - 180016SBIN00053361800020100191-2554913
Sainik Colony Jammu

Sector B, Sainik Colony, Jammu Pin - 180011SBIN00043391800020180191-2466054, 0191-2466004
Ban Talab
Ban Talab Jammu 180001SBIN00103471800020200191-2592644

Yard No 06, Shop No 338339 , Transport Nagar, Narwal, Jammu 180006SBIN00104611800020239419430872
Miran Sahib

Opposite Army Gate, Miran Sahib, Tehsil RS Pura, Dist Jammu 181101SBIN00118901800020309419200967

Z.O., Rail Head Complex, Kargil Shaheed Marg, JammuSBIN00050281800020310191-2474812
Shakti Nagar

Jammu, Main Chowk, Shakti Nagar, Dist: Jammu - 180001SBIN00118561800020260191-2636420
SME Jammu

Administrative Office Building, 2nd Floor, Rail Head Complex, Jammu And Kashmir, Dist: Jammu - 180012SBIN0014501NON-MICR9419046869 /2478110
Trikuta Nagar

Trikuta Nagar, House No 86 Sector 1 Trikuta Nagar, H.P.O Gandhi Nagar, Dist: Jammu-180012SBIN0014641NON-MICR9419233336/ 9419142071
New Plot Jammu

120 Sarwal Colony, Dist; Jammu, Jammu And Kashmir-180007SBIN0014642NON-MICR9419185488

Gangyal Main Bazar, Jammu-180003SBIN0014643NON-MICR9419126990
RBO- II Jammu

Rail Head Complex, Jammu, Jammu And Kashmir - 180012SBIN0014852NON-MICR9419046169

Products Offered by SBI in Jammu

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 CriteriaAmount Interest RateProcessing FeeTenure
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 crores9.15% - 11.30%Minimum - ₹ 1,000 to ₹ 10,000 Up 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

Documents Required

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

Product NameDocuments
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 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 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 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

Personal Loan Interest Rates February 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 February 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%