Top Banks 2024
State Bank of Travancore Hyderabad
Last Updated : Feb. 18, 2017, 6:59 p.m.
About State Bank of Travancore
State Bank of Travancore was instituted as Travancore Bank Ltd. in 1945 sponsored by the erstwhile Princely State of Travancore under special directives issued by the Indian Parliament (SBI subsidiary Banks Act 1959). Subsequently, the bank traverses itself becoming an associate bank of State Bank of India and a member of the State Bank Group, the largest banking group in India. The bank offers a complete range of products and services which comprise of personal banking, NRI services, business banking, social and rural banking and other services.
State Bank of Travancore continues to offer dedicated services to its customers, since 60 years of its establishment. The Bank possess the world-class technology through the implementation of 100% Core Banking Solution (CBS) which has created a solid ground for the industrialization in Hyderabad. The city is regarded as a global trade centre in multiple areas, including its status as the world’s diamond only merchant.Also, the city has witnessed a major growth in the real estate businesses, which has made it among the top five concentrated cities for housing in India. The possibility of such outgrowth is seen only due to the financial infusion from the local government in coordination with State Bank of Travancore.
Branch Addresses of State Bank of Travancore Hyderabad
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Hyderabad | P.B.No.21, Kushal Chambers, Ist Floor, Bank Street, Koti, Hyderabad, Andhra Pradesh, Pin – 500195 | SBTR0000264 | 500009002 | 040 24654686 040 24650778 040 24657687 |
| Secunderabad | P.B.No.49, Sarojini Devi Road, Secunderabad P.O., Hyderabad, Andhra Pradesh, Pin – 500003 | SBTR0000391 | 500009003 | 040-27810013 040-27810486 040-27810242 |
| Kukatpally | Mig 155, Ground Floor, KPR Complex, Road No 1, Kphp Colony, Phase I & II, Hyderabad | SBTR0000743 | 500009004 | 040 23051690 |
| PSB, Hyderabad-Banjara Hills | H No.8-2-293/82/L/247/A/A, Mla Colony, Banjara Hills, Hyderabad 500034 | SBTR0000987 | NON-MICR | 040-24654687 |
| Retail Assets Central Processing Centre, Hyderabad | Sai Vamsee, Plot 645, Road No 36 Jubilee Hills Hyderabad 500033 | SBTR0001103 | NON-MICR | 040-29801362 |
| Miccorporate Branch Hyderabad | 2nd Floor, Kamala Towers Sp Road, Secunderabad 500003 Mcbhyd At Sbt.Co.In | SBTR0001111 | NON-MICR | 2780013 |
| Dilsukh Nagar | Varma Heights, 16 11 511 D 15, Road No 9, Shalivahana Nagar, Hyderabad 500060 | SBTR0001202 | NON-MICR | 29801361 |
Products Offered by State Bank of Travancore Hyderabad
| Product | Eligibility | Loan Amount | Interest Rate | Processing Fee | Tenure |
|---|---|---|---|---|---|
| Home Loan | (i) Salaried persons, self employed businessmen, professionals and agriculturists, who have regular monthly income and have a minimum of three years of standing / experience in their works are eligible to apply. (ii) The Net Monthly Income(NMI) should be 60 times for age upto 45 years (iii) The Net Monthly Income(NMI) should be 48 times for age above 45 years (iv) Income of spouse can also be considered for NMI | Max. ₹ 500 Lakhs | 9.15% - 11.30% | Upto ₹ 25,000: NIL, ₹ 25,001 to ₹ 2.00 lacs: ₹ 500/ Above ₹ 2.00 lacs: 0.50% of the loan amount + S.T., with a maximum of ₹ 10,000/ | Upto 30 years |
| Personal Loan | (i) For Government/ PSU employees: Normal Personal Loan & Elite Personal Loan (ii) For Corporate employees: Corporate Personal Loan (iii) Minimum age limit of the applicant should be 21 years and maximum 3 years before the date of retirement (iv) Minimum Net Monthly Income for Government Employees should be ₹ 20,000/- & ₹ 10,000/- for Corporates. | (i) Normal-For Persons with Net Monthly Income(NMI) upto ₹ 40,000/-12 times of NMI, maximum ₹ 4.00 lakhs. (ii) Elite-For persons with NMI above ₹ 40,000/-15 times of NMI, maximum ₹ 10.00 lakhs (iii) Corporates-15 times NMI, maximum ₹ 10.00 lakhs | 11.00% - 14.00% | 1.00% of the loan amount sanctioned(Service Tax as applicable rates should be collected separately) | Upto 5 years |
| Car Loan | (i) Salaried and regular income earners with a minimum 2 years standing /experience in their line of activity. (State/ Central Government, Public Sector undertakings, Corporations, Private sector companies, Insurance Companies and Banks and also pensioners). (ii)Commissioned Officers in defence services with a minimum 2 years of service. (iii) Professionals, Self-employed, Businessmen, proprietary/ partnership firms and others who are income tax assessee with a standing of 2 years can avail of the loan facility. (iv) The borrower should be in the age group of 21 to 65 years. | (i) Loan amount starting from ₹ 8 lakhs and above (ii) Car Loan as Term Loan Normal : Upto ₹ 10.00 lakhs Premium car Loan : ₹ 10.00 lakhs and above | 7.20% - 7.90% | (i) 0.30% of loan amount with a minimum of ₹ 1000/- and a maximum ₹ 3,000/- .(Service tax extra) (ii) When loans are rejected: 25% of the Processing Fee will be retained if the application is rejected after pre-sanction survey subject to Minimum of ₹ 250/- plus service tax | Upto 7 years |
| Business Loan | For MSME Contractor Plus (i) Registered/empanelled contractors of good repute undertaking works on behalf central and state governments/local bodies/railways/PSU's/MNC's and reputed private sector organizations (ii) Sub contractors executing works on behalf of main contractors For SME Easy Loan (i) Existing enterprises/new connections, including takeover For Doctor's Special Individuals, Patnerships, Corporates, Trusts(with power to borrow). Applicants should be Medical/Dental/Homeopathic/Ayurvedic Graduate from recognized institutes | For MSME Contractor Plus (i) Cash Credit: minimum ₹ 5 lakhs and maximum need based (ii) Term loan-need based For SME Easy Loan (i) Minimum : Above ₹ 10 lakhs (ii) Maximum : Need Based For Doctor's Special | For MSME Contractor Plus 11.05%p.a.-14.05% p.a. For SME Easy Loan 10.55% p.a.-10.80% p.a For Doctor's Special 11.30% p.a.-12.05% p.a | N.A. | For MSME Contractor Plus Upto 7 years For SME Easy Loan and Doctor's Special Upto 8 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 and limited companies | NIL | 2.90% - 6.20% | NIL | 7 days to 10 years |
Documents Required at State Bank of Travancore Hyderabad
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 Loan | For Self-Employed, Professionals, Proprietory/Partnership Firms and Businessmen Statement of Bank account of the borrower for last 6 months. Proof of Identity: - (any one of the following) - Passport copy/PAN Card/ Voters ID card/ Driving Licence etc. 2 passport size photographs of borrower. Income Proof: - Latest ITR for 2 years. Address Proof: - (any one of the following) - Ration card/Driving licence/Voters ID Card/Passport Copy/Telephone Bill/ Electricity Bill/Life Insurance policy/ PAN Card , Aadhar Card. I.T. Returns/Form 16 for the last 2 years. Audited Balance sheet, P&L statement for 2 years, Shop & establishment act certificate/sales tax certificate/SSI registered certificate/copy of partnership. PAN CARD to be obtained compulsorily in all cases. Apart from PANCARD, Branches should obtain another valid ID proof like Aadhar card or driving License also. |
| Fixed Deposit | An 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) |