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About State Bank of Travancore
Branch Addresses of State Bank of Travancore Mumbai
Products Offered byState Bank of Travancore Mumbai
Documents Required at State Bank of Travancore Mumbai
State Bank of Travancore Mumbai
Last Updated : Feb. 18, 2017, 7:56 p.m.
About State Bank of Travancore
State Bank of Travancore came into existence in the year 1945 by the name Travancore Bank Ltd. It was sponsored by the former Princely State of Travancore, Kerala. After subsequent years, the bank became a subsidiary of the State Bank of India in 1960 and a member of the State Bank Group, under the SBI subsidiary Banks Act 1959, under the special provisions of the Parliament of India.
The bank also acknowledges its presence in the heart of Mumbai, the financial capital of India through some of its branches. The bank continues to provide stalwart services to its customers, since 60 years of its establishment.
Mumbai, the capital city of Maharashtra is regarded as one of the world's top 10 centres of commerce in terms of global financial flow, thanks to the financial support secured from the Government of Maharastra in liaison with State Bank of Travancore Mumbai. Several Major Indian companies are headquartered in Mumbai, namely Tata Group, Reliance Industries, Aditya Birla Group, Larson and Turbo along with top-notch banks such as Reserve Bank of India, ICICI Bank, HDFC Bank etc having their headquarters there. The financial reach made by every bank including State Bank of Travancore extends to several industries from time-to-time in the form of term loans or working capital loans, which has ultimately made possible for the businesses to achieve prosperity throughout the date.
Branch Addresses of State Bank of Travancore Mumbai
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Mumbai Main | P.B.No.1005, N.M.Wadia Charities Bldgs, 125, Mahatma Gandhi Road, Fort, Mumbai, Maharashtra, Pin - 400023 Servicetre | SBTR0000001 | 400009002 | 022-22676479/ 022-22633164/ 022-22674329 |
| Kandivilli (west) Mumbai | P.B.No.7080, Sriram Jairam, 94, S.V. Road, Mumbai, Maharashtra, Pin - 400067 | SBTR0000276 | 400009003 | 02228652882/ 02228071641 |
| Mulund West - Mumbai | P.B.No.7798, Balarajeswar Apartment, Balarajeswar Road, Mulund West P.O., Mumbai, Maharashtra, Pin - 400080 | SBTR0000533 | 400009004 | 022-25610958/ 022-25923892 |
| Sane Gurujinagar - Mumbai (mulund East) | (mulund East), Akansha, 90, D.P.Road, Mulund (east) P.O., Mumbai, Maharashtra, Pin - 400081 | SBTR0000571 | 400009005 | 022 25631915 |
| Service Branch - Mumbai | Oppo. Old Custom House, Rajgir Apartments, Shahid Bhagat Singh Road, Fort Mumbai, Mumbai, Maharashtra, Pin - 400023 | SBTR0000620 | 400009001 | 022-22690900 |
| Vashi | Pb3, Jk Chambers, Sector 17, Vashi, Navi Mumbai | SBTR0000665 | 400009006 | 02227893595/ 02227893516/ 02227894325 |
| Corporate Finance Branch - Mumbai | Pb No: 11568, Free Press House, 112 - 115, Tulsiani Chambers, Nariman Point, Mumbai, Maharashtra, Pin - 400021 | SBTR0000666 | 400009007 | 022-30287001-13 |
| Borivali (west) P & S B Branch | A1, Om Sadan, S V Road, Ground Floor, Mumbai – 400092 | SBTR0000693 | 400009009 | 022-28076540 |
| Sion | 262 , Krishna Niketan Building, Sion West, Opp. Gandhi Market, Mumbai 400022 | SBTR0000716 | 400009010 | 022 24040046/ 022 24040095 |
| Chembur | Shop No 1, 2, 3, Shripal Bldg, Chhaya Society, Sion Trombay Road, Chembur, Mumbai 400071 | SBTR0000764 | 400009014 | 25290221/ 9819055488 |
Products Offered byState Bank of Travancore Mumbai
| 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 Mumbai
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) |