State Bank of Hyderabad Bengaluru

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About State Bank of Hyderabad

State Bank of Hyderabad is one of the leading public sector banks in India with its headquarters in Hyderabad, Telangana. The bank is one of the five associate banks in India and also one of the scheduled banks in India. SBH offers products under the following categories: Personal Banking Schemes, Corporate Banking, SME Banking Schemes, FOREX, Mobile Banking, Internet Banking, Credit Cards, and Insurance.

State Bank of Hyderabad was established on 8 August 1941 and the central bank of erstwhile Nizam state under the name Hyderabad State Bank. The bank has always believed in delivering customer-friendly services by keeping in mind the financial needs of the customers. It has hence designed it loans as well as investment products according to the affordability of the people. Some of the most demanding products of the bank are home loans, business loans, education loans, mortgage loans, and gold loans, etc. In this article, you will get to know about the products offered by the bank in Bengaluru.

State Bank of Hyderabad Branches in Bengaluru

Branch NameComplete AddressIFSCMICRContact Number
Bangalore11/90, J.C.Road Bangalore 560002SBHY00202025600040028022238754
BangaloreAustin Town, Bangalore, 560047SBHY00202805600040038025576713
Bangalore3rd Block, Rajajinagar, Bangalore 560010SBHY00203485600040048023402962
Bangalore568, 11th main, 38th Cross Road, V Block Jayanagar, Bangalore, 560041SBHY00206335600040058026656110
BangaloreDoor No.262/1, Nagavarapallya, BangaloreSBHY00207295600040068025242593
Bangalore1st Floor, Sheriff House, No.85, Richmond Road, Bangalore 560025SBHY0020743560004007NA
BangaloreDr No 11 - 90 1S=st Floor, J C Road, Bangalore SBHY00208045600040018022244997, 22247052
BangaloreNo.303, I Stage, A - 100 Ft Road, Indiranagar, BangaloreSBHY00208425600040088025286170
BangaloreNo.448, 2nd Cross, 6th Main, P.O.Basaveshwarnagar, Bangalore 560079SBHY00208495600040098023237598
BangaloreNo.18/35, Subbanna Chetty Road, Basavangudi, Bangalore - 560004SBHY00208515600040108026500605
Bangalore1, Victor Mansion, Kodihalli, Airport Road, Bangalore, 560008SBHY00208525600040128025271507
BangaloreTrishul Arcade, 2934/2935 - E, Vijayanagar Club Road, Bangalore, 560040SBHY00208595600040118023308946
BangaloreNo.1 Floor - 1, Cross - 7 West Park Road, Malleswaram, Bangalore, 560003SBHY00208755600040138023461372
Bangalore72/1B, K.H.Plaza, Jaragunhalli, J.P.Nagar, Phase Vi, BangaloreSBHY00209795600040148026531333

Products Offered by State Bank of Hyderabad in Bengaluru

State Bank of Hyderabad offers home loans, business loans, car loans, education loans, gold loans, mortgage loans, etc. with low-interest rates and higher loan amount. The bank also provides investment products like Fixed Deposit that give you the opportunity to save your money and earn from it as well! Below are the details of the products that the bank offers in Bengaluru like eligibility criteria, amount, interest rate, processing fee and tenure. You can have a look at the below details and apply for the product that suits your purpose.

State Bank of Hyderabad Bengaluru Products Details

ProductEligibilityAmount Interest RateProcessing FeeTenure
Home Loan Individual(s) over 18 years of age with steady source of income, including persons engaged in agriculture & allied activities are eligible to avail this loan. The maximum loan amount will be lowest of loan amount assessed on the basis of the under noted 3 options(a.b.c) below:
a) Project cost which may include cost of land, house/ flat, cost of additional amenities related with said house/ flat, registration charges, stamp duty, property insurance, service tax and other statutory dues, if any, less applicable margin.
b) Permissible EMI/ NMI ratio.
c) Maximum Permissible Loan to Value(LTV) ratio

9.30% - 9.40%

0.25% of loan amount subject to maximum of ₹10,000/-30 years
Car LoanThe age of the applicant should be between 21-65 years.
Category 1(Salaried)
(a):Employees of Central Government, Central Public Sector Undertakings, Defence/Paramilitary Forces, Railway, Public Sector Insurance companies and State Government who have salary package accounts with SBH and minimum 3 months salary have regularly come in these accounts, and for Employees of Public Sector Banks.
Minimum Net Annual Income (NAI) of ₹3 lacs for all, whether or not maintaining Salary Package Account with us.
(b)Other salaries and Pensioners: Minimum Net Annual Income (NAI) of ₹3 lacs for all, whether or not maintaining Salary Package Account with us.
Category 2: Self-employed, Professionals, and Businessmen Minimum Net Profit or Gross Taxable income of ₹4Lakhs
Category 3: Agriculturists Minimum Net Annual Income of applicant and/or co-applicant together to be ₹4 lakhs
Upto ₹10 lacs: 15% on road Price of the Car
Above ₹10 Lacs:
15% Margin on Ex-showroom Price of the car
(OR)
Margin of 20% on Road Price of the car at the option of the customer

9.25%

0.25% of the Loan Amount subject to a minimum of ₹500/- & a maximum of ₹5000/-7 years
Business Loan Any individual / Partnership firm / Company / Society engaged in income generating non farming activities under Manufacturing or
Services segments.
Up to ₹10 lakhs9.95% p.a. Onwards (floating)NAUp to 7 years
Loan Against PropertyMSME Enterprises
Existing Customer already availing credit facilities from us.
ii. New units with marketable assets to offer as security.
iii. Takeover of existing units from other Banks/ FIs with satisfactory track record and satisfying takeover norms. (Credit Information Report to be obtained)
65% realizable value of the Security subject to a maximum of ₹5 crores depending upon category of Enterprise12.20% p.a. onwardsUp to 1% of the loan amountUp to 5 years
Fixed DepositIndividuals
Hindu Undivided Families (HUFs)
Minor represented by parents / guardian
Guardian on behalf of societies, clubs, trusts and associations
Associations
Clubs
Trusts
Sole proprietorship firms
Partnership firms
Limited Companies
₹15 lakhs and above

3.75% - 7.00%

NAUp to 10 years
Education LoanStudent Should be an Indian National.
Secured admission to professional/ technical courses through Entrance Test / Selection process.
Secured admission to foreign University / Institution
For studies in India, maximum ₹10 lakhs
Studies abroad, maximum ₹20 lakhs
9.95% p.a. onwardsNIL upto the loan amount ₹4 lakhs Up to 7 years
Gold LoanAll individuals who are 21 years and aboveMinimum ₹6,00010.50% p.a. onwardsNANA

Documents Required

Below are the list of all the documents according to the product the applicant is applying for.

ProductDocuments
Home Loan Completed loan application
3 Passport size photographs
Proof of identify (photocopies of Voters ID card/ Passport/ Driving licence/ IT PAN card)
Proof of residence (photo copies 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
Personal Assets and Liabilities statement
Car LoanCompleted loan application
3 Passport size photographs
Proof of identify (photocopies of Voters ID card/ Passport/ Driving licence/ IT PAN card)
Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card)
Income Proof
Margin Payment copy
Processing Fee cheque
Business Loan Completed Education Loan Application Form.
Mark sheets of last qualifying examination
Proof of admission scholarship, studentship etc
Schedule of expenses for the specified course
2 passport size photographs
Borrower’s Bank account statement for the last six months
Income tax assessment order, of last 2 years
Brief statement of assets and liabilities, of the Co-borrower
Proof of Income (i.e. Salary slips/ Form 16 etc)
Loan Against PropertyCompleted loan application
3 Passport size photographs
Proof of identify (photocopies of Voters ID card/ Passport/ Driving licence/ IT PAN card)
Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card)
Property Documents
Income Proof
Fixed DepositCompleted loan application
3 Passport size photographs
Proof of identify (photocopies of Voters ID card/ Passport/ Driving licence/ IT PAN card)
Proof of residence (photo copies of recent Telephone Bills/ Electricity Bill/ Property tax receipt/ Passport/ Voters ID card)
2 Passport size photos
Education LoanCompleted Education Loan Application Form.
Mark sheets of last qualifying examination
Proof of admission scholarship, studentship etc
Schedule of expenses for the specified course
2 passport size photographs
Borrower’s Bank account statement for the last six months
Income tax assessment order, of last 2 years
Brief statement of assets and liabilities, of the Co-borrower
Proof of Income (i.e. Salary slips/ Form 16 etc)
Gold LoanProof of identity (passport copy/voters id/driving license/pan card)
Address proof ( electricity bill/landline telephone bill/passport copy/shop & establishment certificate/rental agreement/ration card)
2 passport size photograph

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