State Bank of Travancore Jaipur

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About State Bank of Travancore

State Bank of Travancore established its base by the name “Travancore Bank Ltd.” in 1945 sponsored by the erstwhile Princely State of Travancore under the special regulatory measures of the Indian Parliament(SBI subsidiary Banks Act 1959). Further, the bank became a subsidiary bank of State Bank of India and a member of the State Bank Group, the largest banking group in India.

The bank offers a vast array of products and services such as personal banking, NRI banking, corporate banking, MSME, and agriculture and allied services. Apart from commercial banking, SBT has transcended its horizons in the social development and welfare of the city by offering credit to the priority sectors and the special schemes announced by the Government.

Jaipur is a hub of both traditional and contemporary industries as it involves skilled artisans which command the expertise in gemstone cutting and further becoming a manufacturer of jewellery and luxury textiles, contributes potentially to the economy of Jaipur backed by the priority sector lending obtained from State Bank of Travancore. Furthermore, the Bank gives importance to the vital sector and encourages technocrats and women entrepreneurs. For achieving this objective, the State bank of Travancore offers a number of loan products to suit the requirement of the specific sub- sectors. MSME Loans are disbursed by the bank which can provide customized solutions to the applicants.

Branch Addresses of State Bank of Travancore Jaipur

Branch NameComplete AddressIFSCMICRContact Number
Jaipur - MI RoadIst Floor, P.B. No 354, Shyam Anukampa, Ashok Marg, C - Scheme, Jaipur, Rajasthan, Pin - 302001SBTR00006123020090020141-2367175 0141-2362596
Mansarovar-Jaipur23/49, Madhyam Marg, Mansarovar, Jaipur 302020
SBTR00008393020090030141-2367175

Products Offered by State Bank of Travancore Jaipur

ProductEligibilityLoan Amount Interest RateProcessing FeeTenure
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

9.20% - 9.45%



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

12.20% - 13.70%

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

9.70% - 14.95%

(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 LoanFor 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 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 companiesNIL

5.50% - 7.00%

NIL7 days to 10 years

Documents Required at State Bank of Travancore Jaipur


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 LoanFor 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 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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