Top Banks 2024
State Bank of Hyderabad Hyderabad
Last Updated : Feb. 20, 2017, 6:56 p.m.
About State Bank of Hyderabad
State Bank of Hyderabad is one of the leading banks in India and also one of the five associate banks of the State Bank of India. The bank was established in the year 1941 and has ever since worked for the fulfillment of the financial needs of the customers. The bank works with the motto of meeting up the expectations of the society irrespective of which class, caste or gender they belong to. Just like any other successful institution, SBH has also gone through many ups and downs and has come out with flying colors. Having said that, the bank has won the hearts of many and got awards for its excellent performance in the field of banking services.
Talking about the products it offers in Hyderabad, this city is the home of State Bank of Hyderabad. The bank has its headquarters at Hyderabad, Telangana and has its Head Office in Gunfoundry, Hyderabad. The bank has multiple branches in the city that makes it possible for the people to reach the bank for any query. The online portal of the bank is also active and easily accessible so as to make it even more convenient for the people. In this article, you will get the idea about all the products SBH offers in its ‘hometown’ and the other related information for a memorable experience with the bank.
State Bank of Hyderabad Hyderabad Branches
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Hyderabad | 16 - 7 - 386 Azampura, Malakpet Branch, Hyderabad - 24 | SBHY0020061 | 500004034 | 4024529142, 24412022 |
| Hyderabad | 5 - 1 - 722 Kushal Plaza, Sultan Bazar, Hyderabad, Hyderabad | SBHY0020062 | 500004060 | 4024611978, 24611979 |
| Hyderabad | Bellavista Hyderabad | SBHY0020063 | 500004008 | 4023310089, 23320755 |
| Hyderabad | 1 - 1 - 230/11/2 Rtc “X” Roads Chikkadpally Hyderabad | SBHY0020064 | 500004011 | 4027634165, 27635142 |
| Hyderabad | Exhibition Grounds, Hyderabad - 1 | SBHY0020065 | 500004016 | 4024732220, 24747275 |
| Hyderabad | Gunfoundry, Abids, Hyderabad 500177 | SBHY0020066 | 500004019 | 4023387322, 23387325 |
| Hyderabad | D.No.3 - 5 - 906, Himayat Nagar, Hyderabad 500029 | SBHY0020067 | 500004021 | 4023223336, 23226055 |
| Hyderabad | 20 - 3 - 421 To 423 & 425, Moosa Bowli, Hussaini Alam, Hyderabad | SBHY0020068 | 500004023 | 4023236538, 23237800 |
| Hyderabad | Mahaboobgunj Hyderabad | SBHY0020069 | 500004033 | 4024600895, 24601340 |
| Hyderabad | 10 - 289 - 43 Main Road, Shanti Nagar, Hyderabad - 28 | SBHY0020070 | 500004057 | 4023302964, 23321149 |
| Hyderabad | O.U.Campus, Hyderabad | SBHY0020071 | 500004044 | 4027098642, 27098052 |
| Hyderabad | 6 - 3 - 448 Panjagutta, Hyderabad | SBHY0020072 | 500004046 | 4023390909, 23318194 |
| Hyderabad | Pathergatti, Hyderabad | SBHY0020073 | 500004012 | 4024522506, 24523515 |
| Hyderabad | Acharya N.G.Ranga Agriculture University Campus, Rajendranagar, Hyderabad - 500030 | SBHY0020074 | 500004050 | 4024012332, 24018661 |
| Hyderabad | Sanatnagat, Hyderabad 500018 | SBHY0020076 | 500004054 | 4023704164, 23700598 |
| Hyderabad | Secretariat Building, Hyderabad | SBHY0020077 | 500004056 | 4023456375, 23451347 |
| Hyderabad | Kacheguda Hyderabad | SBHY0020078 | 500004025 | 4024730932 |
| Hyderabad | Nampalli Station Road, Hyderabad | SBHY0020079 | 500004042 | 4024658727, 24732078 |
| Hyderabad | House No.3 - 1 - 227, S.D.Road, Somasundaram St, Opposite CDR Hospital, Hyderabad, 500003 | SBHY0020081 | 500004017 | 4027812347, 27817147 |
Products Offered by State Bank of Hyderabad in Hyderabad
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 Hyderabad 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.
Products Details of State Bank of Hyderabad in Hyderabad
| Product | Eligibility | Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| 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 | 9.15% - 11.30% | 0.25% of loan amount subject to maximum of ₹10,000/- | 30 years |
| Car Loan | The 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 | 7.20% - 7.90% | 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 lakhs | 9.95% p.a. Onwards (floating) | NA | Up to 7 years |
| Loan Against Property | MSME 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 Enterprise | 12.20% p.a. onwards | Up to 1% of the loan amount | Up to 5 years |
| Fixed Deposit | Individuals 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 | 2.90% - 6.20% | NA | Up to 10 years |
| Education Loan | Student 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. onwards | NIL upto the loan amount ₹4 lakhs | Up to 7 years |
| Gold Loan | All individuals who are 21 years and above | Minimum ₹6,000 | 10.50% p.a. onwards | NA | NA |
Documents Required
Below are the list of all the documents according to the product the applicant is applying for.
| Product | Documents |
|---|---|
| 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 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) 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 Property | 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) Property Documents Income Proof |
| Fixed Deposit | 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) 2 Passport size photos |
| Education 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) |
| Gold Loan | Proof 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 |