SBI Personal Loan Mumbai - Rates February 2024, Eligibility, EMI, IFSC

SBI Personal Loan in Mumbai

SBI Mumbai Main Branch with IFSC Code

  • Branch Name: Mumbai Samachar Marg
  • Complete Address: Mumbai Samachar Marg, Horniman Circle Fort, Mumbai, Maharashtra-400023
  • IFSC Code: SBIN0000300
  • MICR Details: 400002010
  • Customer Care Number: 022-22661765

SBI Mumbai Branches with IFSC Codes and Customer Care Number

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 NameComplete AddressIFSC CodeMICR CodeContact Number
J P Road, Andheri (W)

Dadabhai Cross Road No 1. J P Road, Near Sony Mony, Andheri West, Dist Greater Mumbai 400058SBIN00129592500020339930067481

Bhaktakavi Shivajibhai Devshi Road, Govandi Mumbai, Dist Mumbai 400088SBIN00130553020020459833446597
Samata Nagar Thane

Shop No 8, 9, 10 Vihang Garden, Samata Nagar Thane, Thane, Dist Mumbai 400610SBIN00130353900020769422572913
Thakur Village, Kandivali (E)

Gokul Residency, Shop No 26 To 31, Thakur Village, Kandivali E, Mumbai, 400101SBIN00130363900021379869417683
MICR, Mumbai

Madhuli, 1st Floor, H By 2, Shivsagar Estate, Dr.Anne Besant Road, Pin - 400018SBIN0004195400002000022-24973909
Andheri East

M V Road Andheri E Mumbai MaharashtraSBIN0000539400002002022-26839154
Andheri West

Rahul Apartments, Opp. Shoppers Stop, Swami Vivekanand Rd, Mumbai, , Pin - 400058SBIN0004650400002003022-26230282IP

Bhaichand Textile Mills, Lbs Marg, Bhandup, Distt. Brihan Mumbai, Maharashtra 400078
Bhulabahai Desai Road

P.B. No.16518 Brihan Mumbai MaharashtraSBIN0005340400002008022-23517980, 23525605
Mumbai Central, Mumbai

Maharashtra Vahatuk Bhavanbelasis Road, P.B. No. 4515, Mumbai Mumbai Central, Maharashtra 400008SBIN0000547400002009022-23061765
Borivali East

Datta Pada Manodaya Bldg, Borivli East , Mumbai, Maharashtra, Pin 400066SBIN0004666400002011022-28700783
Borivili West

Anjana Apratment No 2s V Road Boriwali West Mumbai, Maharashtra 400092SBIN0000551400002012022-28990168

Sir Jacob Sasson High School, 340, J J Marg, Byculla, Mumbai Pin 400008SBIN0000343400002013022-23098685

Sunbeam, 18th Road, Chembur, Mumbai, State Maharashtra, Pin 400071SBIN0000533400002016022-25288066 022-25283928

The International Maharshi Karve Road Distt Brihan Mumbai Maharashtra 400020SBIN0001821400002018022-22018419/ 22015439
Cuffe Parade

6, Arcade, World Trade Centre, Cuffe Parade, Mumbai, MaharashtraSBIN0005345400002020022-22185947
Dadar Millenium

Sharifa, Swami Dyanjivan, Das Peth, Near Dadar Post, Distt. Greater Bombay 400014SBIN0000353400002021022-24150652

P.O. Bag No.8205, Dev Ashish Shopping And Service I E, 1st Flr, , Sir Bharucha Road, Mumbai, Pin - 400068SBIN0004664400002022022-28933749

Sion Trombay Road Near Deonar Bus Depot Distt Brihan Mumbai Maharashtra 400088SBIN0003109400002023022-25579231, 25510210
Dharavi, Mumbai

Diamond Apartments, Jasmine Mill Road, Mumbai, Maharashtra , Pin - 400017SBIN0003671400002024022-24044859
Fort Market, Mumbai

Bhagwan Bhawan, 71 - 73, Mint Road, Fort, Mumbai, Maharashtra , Pin - 400001SBIN0005347400002025022-22692443
Ghatkopar East

Mahatma Gandhi Road, Distt. Greater Bombay, Maharashtra 400077SBIN0000516400002026022-25159502/25124991
Ghatkoper West

Ashok Silk Mills Compound D L B S Marg Ghatkopar West Mumbai 400086SBIN0001131400002027022-25003572, 25006223
Girgaon Branch

H N Hospital Building, Svp Road Girgaon Mumbai Maharashtra 400004SBIN0000374400002028022-23824505
Goregaon East

12, Jai Prakash Narayan Rd, No.2, Goregaon East, MumbaiSBIN0001975400002029022-26860149
Goregaon West, Mumbai

Mumbai 9, Jawahar Nagar S V Road Goregaon W Mumbai, Maharashtra 400062SBIN0001266400002030022-28723820, 28786875
August Kranti Maidan

Jamshed Hall, 49 Forjet Street, Mumbai, 400036SBIN0001885400002032022-23886214
Hughes Road, Mumbai

Aderbad, 34, Hughes Road, Mumbai , Maharashtra, Pin - 400007SBIN0005800400002033022-23679473 23636561
International Air Cargo Complex Branch, Mumbai
New Satellite Bldg Distt Brihan Mumbai Maharashtra 400099SBIN0005937400002035022-26828274
Jacob Circle, Mumbai

Simplex Mills Compd, Keshavrao Khade Marg, Sant Gadge Maharaj Chowk, P. Bag No. 6258, Mumbai
Jogeshwari (East)

Dastur Bldg. Caves Road, Jogeshwari East, Brihan Mumbai, Maharashtra, Pin 400060SBIN000186140000203701861-8382276
Jogeswari West

Ghaswala East Swami Vivekananda Road, Mumbai, Maharashtra, Pin - 400060SBIN0004626400002038022-26781982
Juhu Tara

Sri Lalita Building, Near Bombay Flying Club, Juhu Tara Road, Mumbai, Maharashtra 400049SBIN0001685400002039022-26602757
JVPD Scheme, Mumbai

Yogi Smruti, Plot No.9, 10th Road, Juhu Vile Parle , Development Scheme, Mumbai, Pin - 400056SBIN0005349400002040022-26239171
Kandivali Industrial Estate, Mumbai

Plot No 11 B Govt Industrial Estate, Kandivali Mumbai, Maharashtra 400067SBIN0000566400002042022-28682570
Kandivali West

Shantilal Modi Road Mumbai Kandivali West Mumbai, Maharashtra 40006SBIN0001185400002043022-28071472
Kanjurmarg, Mumbai

Akash Deep, Kajur Village Road, Mumbai, Mumbai Pincode - 400042SBIN0006249400002044 022-25795498
Khar West

Ghodbunder Road, Plot No 81 SV Road Near Khar West, Mumbai, Pin - 400052SBIN0004613400002045022-26483248

Airawat, 75, Dr. Ambedkar Rd., P.B. No.7818, Lalbaug, Mumbai - 400033, Maharashtra, Pin 400033SBIN0001850400002046022-23726294
Linking Road Bandra, Mumbai

Patwarthan House Near National College Linking Road, Bandra West Mumbai, Maharashtra 400050SBIN0000548400002047022- 26465660
Lower Parel, Mumbai

Madhusudan Mills Compound, Pandurang Budhkar Marg, Mumbai, Maharashtra, Pin - 400013SBIN0003428400002048022-24934338
Malad East

P.B. No. 17604, Filka Building, Junction Of Dafftaryand Poddar Rd., MumbaiSBIN0003110400002051022-28834000
Malad West, Mumbai

Near Chincholi Phataks V Road Malad West Mumbai, Maharashtra 400064SBIN0000552400002052022-28827870

75 Abdul Rehman Street Distt Brihan Mumbai 400003SBIN0000423400002053022-23400638
Marol, Andheri East

Hotel Silver Arde, Marol Maroshi Rd, Mumbai, MaharashtraSBIN0001594400002054022-28526567
Masjid Bunder, Mumbai

PB No. 5211, Rajgor Chambers, Pt No. 99, Stn. Low Level Road, Mumbai, 400009SBIN0001863400002055022-23759542

SBI Personal Loan Interest Rates in Mumbai

Interest Rate11.00% - 14.00%
Loan amountMinimum - ₹24,000 in metro & urban areas, ₹10,000 in rural areas
Maximum - ₹15,00,000
TenureUp to 5 years
Processing Fee1% - 3% of the loan amount + GST

Personal Loan EMI Calculator

A personal loan EMI calculator is the tool that helps you calculate Equated Monthly Installments. This tool takes into account the basic details of your loan like the loan amount, interest rate (p.a.) and the loan amount. The interest rate used by the calculator is the monthly rate. On the basis of the details as mentioned above, you get to know the EMI, the total interest outgo and the total amount (interest+principal). Here is an example showing the payments you will have to do if you take a personal loan from SBI worth ₹5,00,000 for the tenure of 5 years and an interest rate of 12% p.a.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 5,00,00012%1₹ 44,424₹ 33,093₹ 5,33,093
₹ 5,00,00012%2₹ 23,537₹ 64,882₹ 5,64,882
₹ 5,00,00012%3₹ 16,607₹ 97,858₹ 5,97,858
₹ 5,00,00012%4₹ 13,167₹ 1,32,012₹ 6,32,012
₹ 5,00,00012%5₹ 11,122₹ 1,67,333₹ 6,67,333

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

YearPrincipalInterestBalance Amount
1₹ 77,645₹ 55,822₹ 4,22,354
2₹ 87,492₹ 45,974₹ 3,34,862
3₹ 98,588₹ 34,878₹ 2,36,273
4₹ 1,11,092₹ 22,374₹ 1,25,181
5₹ 1,25,291₹ 8285₹ 0

Eligibility Criteria

The eligibility criteria to apply for a personal loan at State Bank of India in Mumbai is as follows:

  • 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

How to Apply

The process of applying for a personal loan at SBI is simple and quick. For an unsecured personal loan, there is easy documentation and instant approval facility available which saves your time. You can follow the online or offline process whichever you find convenient. You need to fill the loan application form which authenticated personal and professional details and submit it along with the documents checklist at your nearest bank branch or online.

SBI Personal Loan Application Form

In the application form for a personal loan, you must fill in the below-mentioned details:

  1. Personal details of the applicant/s
  2. Professional details of the applicant/s
  3. Loan details (amount and tenure)

Documentation Required

The documents checklist you must keep to apply for a personal loan at SBI is as follows:

  • Latest Photograph
  • Photo Identity of the applicant & the guarantor
  • Residence Proof of the Applicant & Guarantor
  • Income Proof – Salary slips for last 3 months, ITR/ Form 16 for last 3 years (for salaried)

You can also read Personal Loan Mumbai

About SBI Personal Loan in Mumbai

State Bank of India (SBI) is one of the most trusted banks in India since its establishment which was 200 years earlier. SBI personal loans (unsecured) can be taken with easy documentation and at one of the lowest interest rates. State Bank of India provides affordable rates on personal loans to help you in managing your financial needs. If you are looking for funds in Mumbai, here is the personal loan details of SBI and also check eligibility now to apply for it at your nearest bank branch. This loan is a multi-purpose loan and can be availed under two categories: SBI Xpress Credit Personal Loan and SBI Pension Loan. Since the rates offered by the bank are low, this product is very popular in Mumbai to fetch finance related needs like wedding, traveling, etc. Also, SBI has recently merged with its five associate banks namely State Bank of Mysore (SBM), State Bank of Travancore (SBT), State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH) and State Bank of Patiala (SBP), SBI definitely holds an important position in the world.

  • 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%