Apply for State Bank of Bikaner and Jaipur Loans Mumbai - Wishfin

State Bank of Bikaner and Jaipur Mumbai

About State Bank of Bikaner and Jaipur

Mumbai, the City of Dreams is best known for fulfilling the dreams and wishes of many. So, if you have plenty of wishes and don’t have enough cash in hand to fulfill that, look no further as State Bank of Bikaner and Jaipur is there. Yes, one of the leading public sector banks of the country, there is no doubt on the fact that SBBJ is surely an ideal option to meet your needs. Established in the year 1963 with a clear vision and mission, this renowned bank always gives you the best in the least time frame. With its diverse product range such as a personal loan, home loan, education loan, car loan and two & three wheeler loan, SBBJ is here to stay.

Moreover, with plenty of branches located in different cities, the main endeavor of this leading bank is to deliver nothing but the best. Wth its core foundations i.e. innovative approach, brand ethos, technological advancements and state-of-the-art products, the main objective of this bank is to give you an unforgettable experience. So, if you are in Mumbai, SBBJ is ready to cater all your diverse financial needs in the best possible way.

State Bank of Bikaner and Jaipur Mumbai Branches

Branch Name Complete Address IFSCMICRCustomer Care
Dana Bunder, MumbaiGiriraj, 1St Floor , 73, St Road, Danabunder, Mumbai - 400009SBBJ0010278400003004022-23427020
D.N.Road, Mumbai
Peninsula House, Dr. D. N. Road, Fort, Mumbai - 400001
SBBJ0010279400003003 022-22630620
Kalbadevi, Mumbai
99 G, Kamnath Mahadeo Complex, Kalbadevi Road, Mumbai - 400002
SBBJ0010280400003005 022-22405518
Mandvi, Mumbai232 - 234, Samual Street, Vadagadi, Masijidbunder, Mumbai - 400003
SBBJ0010281400003006022-56344082
P.M.Road, MumbaiUnited India Life Building, Fort, Mumbai - 400023
SBBJ0010282400003008022-22663189
Mulund West, MumbaiMulund West, Mumbai - 400080
SBBJ0010387400003007022-55710559
Borivili (West) , MumbaiGanjawala Apartments, Borivali West, Mumbai
SBBJ0010433400003002 022-28934076
Ghatkoper, MumbaiGarodia Nagar (East), Ghatkoper, Mumbai
SBBJ0010561400003010 022-25063366
Malad (West) , MumbaiMalad West, Mumbai - 400064
SBBJ0010607400003013022-28839127
Goregaon, MumbaiBangur Nagar West, Goregaon, Mumbai - 400090
SBBJ0010628400003011022-25616025
Andheri (West) , Mumbai4, Lokhandwala Complex, Andheri West, Mumbai - 400078
SBBJ0010631400003012022-26365411
Andheri (East) , MumbaiBilquees Apartment, 572 Mahakali Cave Road, Mumbai - 400093
SBBJ0010659400003014022-28366873
Commercial Network Branch, Mumbai
239, Pd Mello Road, Opp Gpo, Fort, Mumbai - 400001
SBBJ0010717400003015022-22625023
Overseas Barnch, Mumbai
240 - 242, Nirmal Building, Nariman Point, Mumbai - 400021
SBBJ0010731400003016022-22810295
Bhandup East, MumbaiBhandup, Mumbai - 400078
SBBJ0010734400003017 022-25615938
VashiOpp. Apmc Market, Sector 19, Vashi, Navi Mumbai - 400703
SBBJ0010799400003018022-27657327
Treasury And Investment Department7Th Floor, Sbi Lho Building, Plot No C-6, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
SBBJ0010303022-26445803 26445815
BelapurMonarch Plaza, Plot No. 56, Sector-11, Cbd Belapur, Navi Mumbai
SBBJ00111904000030249167487722
Gcl Link Office4Th Floor, Tower No 7, Sbi Hrms Department, Railway Station Building, Belapur
SBBJ001131740000331727565642

 

Products Offered by State Bank of Bikaner and Jaipur in Mumbai

SBBJ with its plethora of financial products such as home loan, personal loan, car loan, education loan and two & three wheeler loan ensures that all your financial needs can easily be fulfilled in the least time frame. However, when it comes to availing the same, you can avail them by fitting into the eligibility of these products, and that you can easily know by reading the page below.

Basic Details of State Bank of Bikaner and Jaipur Loans

Product
EligibilityInterest Rate (in p.a.)

Loan Amount TenureProcessing Fee
Home LoanAny individual can easily apply for the home loan at SBBJ.9.15% - 11.30%Income upto ₹2 Lakhs-not exceeding-40%
Income above ₹ 2 Lakhs and upto ₹ 5 Lakhs-not exceeding 50%.

Income above ₹ 5 Lakhs-not exceeding 55%. Income of spouse/son/daughter (any two) can be clubbed.
For businessman, loan amount may be considered on the basis of sales, if the loan amount is more than ₹2 Lakhs.
30 YearsUpto ₹ 25,000 - NIL 
Above ₹ 25,000 - Regular Home Loan : 0.50% of Loan Amount 
(Min ₹ 500 & Max ₹ 10,000)
Upto ₹ 25,000 - NIL 
Above ₹ 25,000 - online home loan : 25% Concession on Applicable Processing Fee
(Min ₹ 500 & Max ₹ 10,000) 
Personal Loan To apply for the personal loan, the minimum net monthly income of ₹ 9,000 is required.

Permanent employees of Central / State Govt., Quasi Govt., reputed PSUs, profit making public limited companies, reputed institutions and MNC’s corporates enjoying credit facilities from our Bank having credit rating of SBBJ-1 & SBBJ-2 and reputed institutions with minimum of 2 years service drawing salary through account maintained with our bank.
11.00% - 14.00%24 times of Net Monthly Income by way of demand loan with an upper cieling of ₹ 15 Lakh and lower limit of ₹ 0.50 Lakh.EMI Upto 60 months subject to repayment of loan upto maximum of superannuating age1.00% of loan amount
Car Loan Salaried employees & Pensioners:
Minimum Net Annual Income (NAI) of ₹ 3 Lakh for all, whether or not maintaining Salary Package Account with us.

Self- employed, professionals and Proprietary / Partnership Firms:
Minimum Net Profit or Gross taxable income of  ₹ 4 Lakh as per ITR.


7.20% - 7.90%30 times of Net Monthly Income or

2.5 times Net Annual Income.

No maximum ceiling for new cars

₹15 lacs for old vehicles
EMI 36-84 months
Repayment to be completed by the time the borrower reaches 70 years
Flat ₹ 750/- per car loan
Loan for Earnest Money
Individuals above 21 years with a steady source of income0.121590% of application money or
15 times NMI.
Incomes of all the applicants may be taken into account if application is in joint names or
10% of the value of the house/ plot/ flat or
₹ 5.00 lacs
Which ever is lower
Care should be taken to finance only genuine applicants (individuals only) should be financed and not the speculative buyers.
On receipt of refund 
Lump sum repayment on availing of housing loan but period is not more than 12 months
0.60% of the loan amount Minimum ₹ 110/-
SBBJ Varisth Nagarik Pension Loan Yojana
A) Pensioners - All central and State government pensioners, pensioners of various Central/ State Govt. Undertakings and pensioners of SBBJ, whose pension accounts are maintained by our branches.

B) Family pensioners - Family pensioner i.e. spouse authorized to receive pension after the death of the pensioner.

In addition to the pensioners availing pension from our branches, the pensioners whose pension is disbursed by Government treasuries by means of cheques / bills payable, as per mandate of the pensioner, are also eligible for availing pension loan. In such cases, the original Pension Payment Order (PPO) remains in custody of the Treasury and the pensioner will give a mandate to the Treasury for payment of pension through a particular branch of the Bank.
Such pensioners will be included under the purview of the scheme subject to the following conditions:

1. The pensioner concerned will furnish an irrevocable undertaking that he / she will not amend the mandate to the treasury to pay the pension from a particular SBBJ branch, during the currency of the loan availed by him from SBBJ.

2.The concerned Treasury consents in writing that it will not accept any request from the pensioner to transfer his / her pension payment to any other bank / branch till an NOC is issued by the Bank.
9.95%-SBBJ pensioners,
12.70%-Other Pensioners
Pensioners –
Minimum loan amount : ₹ 10,000/-
Maximum loan amount : equivalent of 18 months pension with a ceiling of 
₹ 5.00 lacs.
Family pensioners -
Minimum loan amount : ₹ 10,000/-
Maximum loan amount : Equivalent of 18 months pension with a ceiling of ₹ 3.50 lacs 
For other than SBBJ Family pensioners 
Family pensioners < or = 70 years : ₹ 3.50 lacs
Family pensioners >70 years and < or = 72 years : ₹ 2.00 lacs

For SBBJ Family pensioners 
Family pensioners < or = 70 years of age : ₹ 3.50 lacs
Family pensioners >70 years and < or = 75 years of age : ₹ 2.00 lacs
24-60 Months ₹ 500/- per application
SBBJ Two Wheeler Loan
An individual must earn a minimum monthly income of ₹ 5000/- or net Min. Annual income ₹ 60000/-Min, ₹ 10000/-, 12 times of NMI Max. ₹ 75000/-36 to 60 months 1.15% of the loan amount
SBBJ Education LoanThe student should be an Indian National.
Should have secured admission to a higher education course in recognized institutions in India or abroad through Entrance Test / Merit Based Selection process after completion of HSC (10+2 pr equivalent)
₹ 10 Lakh for education in India

₹ 20 Lakh for education in Abroad
Course period + 1year or 6 months after getting job, whichever is earlier.

Repayment of the loan will be in equated monthly instalments (EMI) for periods as under:- 
For loans upto  ₹ 7.5 Lakhs. - up to 10 years.
For loans above 7.5 Lakhs. -upto 15 years
NIL
SBBJ Mortgage LoansPermanent employees, self employed, professionals, NMI min. ₹ 25000/-
Businessmen, agriculturists Annual income ₹ 300000/-
Age 60 years (65 in special cases)
Minimum - ₹1.00 lacs Maximum - ₹100 lacs EMI/NMI not to exceed 60% OR 75% of the market value/ realizable value/DLC Rate of the Property whichever is the lowest EMI 84 -120 months

Repayment to be completed by the time the borrower reaches 70 years
1.15% of loan amount

Documents Required

ProductDocuments
Home Loan List of documents required by the bank from all applicants

Duly filled loan application
3 recent passport size photographs
Identify proof (Voter ID card/Passport/ Driving licence/IT PAN Card)
Residential proof (photocopy of recent electricity bill/telephone bill/property tax receipt)
Proof of business address for non-salaried individuals
Bank statement/Pass Book of last three month
Signature identification from present bankers
Personal Assets and liabilities statements

Documents required from guarantor
Personal assets and liabilities statements
2 recent passport size photographs
Identification proof as stated above
Business address proof as state above
Signature identification from present bankers

Additional documents required for salaried persons
Original salary certificate from employer
TDS certificate on Form 16 of IT return for last two financial years, duly acknowledged by IT department.
Additional documents required for Professionals/self-employed/other IT assesses
Acknowledged copies of three years IT return/Assessment orders
Photocopies of challans evidencing payment of Advance Income Tax
Personal LoanIncome Proofs
The income proofs could be salary slips or bank transactions to avail SBI personal loans.
Multiple Income Source
Yes, you can combine the income of your spouse to increase your chances of getting a higher personal loan amount in SBI.
ID Proofs
You need to submit your passport/voter ID card/driving license to avail SBI personal loan.
Documentation for Salaried Applicant
Latest salary slip
Current dated salary certificate with the latest Form 16
Documentation for Self-employed Applicant
Latest Bank statement
Latest ITR or Form 16
SBBJ Varisth Nagarik Pension Loan YojanaApplication Form 
D.P.Note 
Arrangement letter 
Authorization letter – Auto debit from account 
Irrevocable Letter of Authority 
Irrevocable Letter of Authority to Bank from pension paying and disbursing Authority
Car Loan Salaried Professional
Age Proof: Passport Copy/PAN Card/ Voter ID card, Photo Driving License with birth date (laminated, recent, legible)/Photo ration card with DOB/Employer certificate/ID/School/College Leaving Certificate
Identity Proof :PAN Card/Voter ID/Passport/Driving License, 2 passport size photographs
Income Proof :Form 16 for last 2 years, Latest Salary Slip, 6-month bank statement
Address Proof :Latest Telephone Bill/ Electricity Bill/Property Tax Receipt/Passport/ Voter ID
Signature Verification Proof :Driving License/Passport copy/PAN Card

Self-employed
Age Proof: Passport Copy/PAN Card/Voter ID card, Photo Driving License with birth date (laminated, recent, legible)/Photo ration card with DOB/Employer certificate/ID/School/College Leaving Certificate
Identity Proof:PAN Card/Voter ID/Passport/Driving License, 2 passport size photographs
Income Proof :IT returns for the last 2 years along with audited balance sheet, P&L account statement for 2 years, Shop & establishment act certificate / sales tax certificate / SSI registered certificate / copy of partnership
Address Proof :Latest Telephone Bill/ Electricity Bill/Property Tax Receipt/Passport/ Voter ID
Signature VerificationProof :Driving License/Passport copy/PAN Card
SBBJ Education LoanThe student should be an Indian National.
Should have secured admission to a higher education course in recognized institutions in India or abroad through Entrance Test / Merit Based Selection process after completion of HSC (10+2 pr equivalent)
SBBJ Mortgage LoansPermanent employees, self employed, professionals, NMI min. ₹ 25000/-
Businessmen, agriculturists Annual income ₹ 300000/-
Age 60 years (65 in special cases)

Personal Loan Interest Rates March 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 March 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%