State Bank of Patiala Agra

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About State Bank of Patiala

State Bank of Patiala traces its origins from the year 1917, when the founder Late His Highness Bhupinder Singh, Maharaja of erstwhile Patiala state had started with one branch by the name ’Chowk Fort, Patiala’. The bank was established for the prime purpose of promoting the growth of agriculture, trade, and industry. As the time passes by, the bank brought under the purview of Reserve Bank of India. In the year 1960, State Bank of Patiala become the subsidiary of the State Bank of India and since then it has grown enormously both in size and volume of business. Apart from having a network of 1445 service outlets, including 1314 branches in all major cities of India, the bank has carved a place for itself by establishing some of its branches in iconic Taj Mahal city i.e. Agra. The city famous for the mausoleum, Taj Mahal built by Mughal emperor Shah Jahan in the loving memory of his wife Mumtaz Mahal serves as a magical grandeur which attracts tourists across the World, pulling foreign revenues in India. The banks play a pivotal role in allowing the tourists to exchange foreign currency and besides other commercial banks, State Bank of Patiala also offer Forex services to cater them to the fullest.

State Bank of Patiala Agra hosts two broad range of services such as Corporate Banking and Personal Banking. The interest rates offered by the bank provide the flexibility to the customers of Agra and outside to comfortably select their services as per their financial goals. Nevertheless, the bank enjoys the healthy customer base from Agra and continues to expand its reach.


Branch Addresses of State Bank of Patiala Agra

Branch NameComplete AddressIFSCMICRContact Number
Nehru NagarNehra Nagar Agra UP - 282002STBP00001812820070020562-2150351/2522591
Sanjay Palace33/2 Sonjay Palace S G Road Agra Up - 282002STBP00004882820070030562-2527411/2521535
St Johns College, AgraSt Johns College, M.G. Road, AgraSTBP0001242NON-MICR0562 2855116

Products Offered by State Bank of Patiala Agra

ProductEligibilityLoan Amount Interest RateProcessing FeeTenure
Home LoanMore than 21 years of age and less than 70 years of age at the time of loan maturity(5 years age relaxation for pensioner’s i.e. loan fully repaid before age of 75 years)Loans upto and including ₹ 75 lakhs and above8.65%-9.05% p.a.(floating)0.35% of the Loan amount plus applicable Service tax (with a minimum of Rs.2000/- plus applicable service tax and maximum of Rs.10000/- plus applicable service tax)
Upto 30 years
Personal Loan (1) Salaried, self-employed individual is eligible to apply

(2) Age limit should be more than 21 years and less than 70 years at the time of loan maturity
Minimum – ₹ 1 lac

Maximum – ₹ 10 lacs
11.95%-13.95% p.a. 1.01% of the Loan amountUpto 5 years
Car LoanSalaried :

(i) Net annual income ₹ 3,00,000 and above

(ii) Net monthly income should be at least 2 times of EMI

Self Employed and Professionals:

Net annual income ₹ 4,00,000 and above for the last year as per Income Tax Return.

Persons engaged in agriculture and allied activities:

Net annual income ₹ .4,00,000 and above.
No limit for Term Loan
Overdraft : ₹ 3 lakhs
New Vehicle(General and Agri) Term Loan-9.35% p.a.

Car Used Vehicle -8.30%
0.50% of the loan amountUpto 7 years
Business LoanNew entrepreneurs wishing to start their own business.

New and existing Micro and Small Enterprises engaged in Manufacturing and Service sector.

But retail or wholesale trade, educational institutions, training institutions and SHGs are not eligible.
Maximum upto ₹ 100 lakhs. Vayvasai Suvidha:
16.70% p.a

Micro & Small Enterprises Loan:
9.20%-15.70%
Processing and service charges will be 50% of the normal ratesMax. 7 years including moratorium period of 6 months -1 year.
Loan Against PropertyIndividuals who are :
a) employees
b) engaged in agriculture and allied activities.
Maximum age limit: 60 years.
Minimum : ₹ 5 lakhs & Maximum ₹ 1 crore
14.95%2.02% of the limit sanctioned (upfront) maximum Rs. 50,933/-
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 and limited companiesNIL5.50%-7.00% p.a.NIL7 days to 10 years

Documents Required at State Bank of Patiala Agra


Products
Documents
Home Loan Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16 for Salaried
- Profit & Loss A/C Statement & Audited Balance Sheet for the Last 3 Years

Bank Account Statement for the Last 6 Months

Track record of existing loans, if any

Details of property you look to buy & construct
Personal Loan Identity Proof- PAN Card/Voter ID/Driving License/Aadhar Card/Passport
Address Proof- Utility bill/Passport/Aadhar card/Voter ID
Income Proof- Latest Salary Slip/ ITR/Form-16
Other Income Proof for Salaried Individual
Letter of Authority from Employee authorizing the employer to deduct monthly installment out of salary for remitting to bank and Letter of Undertaking from the employer for check off facility OR Letter of Authority from employee/ applicant authorsing the Bank to deduct the loan instalment out of the salary routed through branch.
Other Income Proof for self-employed professionals
IT returns for the last two financial years. Proof of professional qualification (Copy of highest professional degree held). Proof of office/commercial address.

Bank Statement- Last 3-6 Month Bank Statement
Car LoanStatement of Bank account for last 6 months of the borrower.
Two passport sized photographs of borrower/guarantor(s)
Signature identification from Banker of borrower/guarantor.
A copy of passport/voter ID card/PAN ID card.
Proof of residence.
Latest salary slip showing all deductions and TDS certificate – form 16 in case of salaried persons.
Copy of income tax return for last two financial years duly acknowledged by ITO for professionals, self employed and others.
Proof of official address for non- salaried individuals
Business Loan
Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16 for Salaried
- Profit & Loss A/C Statement & Audited Balance Sheet for the Last 2Years for self-employed

Bank Account Statement for the Last 6 Months

Track record of existing loans, if any

Trade License applicable to a proprietor/partnership firm

Ownership documents, if any, of the security

Copy of Partnership deed/Memorandum of Association (MOA and Articles of Association (AOA) or other documents. These documents apply in the case of partnership firm or a company
Loan Against Property

Identity Proof-PAN Card/Passport/Voter ID/Driving License/Aadhaar Card

Address Proof-Utility Bill/Passport/Aadhaar Card/Voter ID

Income Proof-Latest Salary Slips & Form 16 for Salaried
- Employment details for the last 3 years, in case the applicant has not been earlier in the present organization.

Bank Account Statement for the Last 6 Months
copy of income tax return for last 2 financial years duly acknowledged by ITO, for other than salaried persons.

Track record of existing loans, if any

Details of property to be mortgaged
Fixed DepositAn Individual, Hindu Undivided Family, Sole Proprietorship Concern

ID Proof – Passport, PAN Card, Driving Licence, Voter ID, Government ID Card, Senior Citizen ID Card
Address Proof - Telephone Bill, Electricity Bill, ID Card Issued by Post Office, Bank Statement with Cheque
A photograph
Trusts

Copy of the Trust Deed
Copy of the registration certificate
Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account
Photographs of the members operating the account
Associations/Clubs

By-laws of the Association
Copy of the Resolution by the board authorizing the members concerned to open and operate the account
Photographs of the members operating the account

Partnership Firm
Partnership Deed
Letter from partners approving the persons concerned to open and operate the account
Photographs of the persons operating the account


Public or Private Limited Companies
Board Resolution / Authority Letter
Memorandum & Articles of Association
Certificate of Incorporation
Certificate of Commencement of Business (Public Limited Company)
Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC
Governing Act / Rules and Regulations(PSUs) (certified true copy)

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