State Bank of Travancore New Delhi

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About State Bank of Travancore

State Bank of Travancore was originally set up in the name of Travancore Bank Ltd in the year 1945. Being sponsored by the former Princely State of Travancore, Kerala, became an associate bank of the State Bank of India in 1960. Apart from the regular banking business, the bank has extended its reach in government treasury work and foreign exchange business. The bank is renowned as one of the nationalized banks in India. The bank establishes its base in the national capital of India, New Delhi which has prompted every sector to flourish through the passing years. The economy of the Delhi has grown at the fastest pace from few years, as witnessed from the growth of prominent industries in trade and manufacturing. The growth of Delhi is based upon several factors from which establishment of industries such as handloom, textile, and arts & crafts owes a large marketplace to Delhi in Northern India. This has resulted in the financial support injected by the Government of Delhi in coordination with State Bank of Travancore from time-to-time. This has led to the development of many new industries such as jewellery, silver, export, textile, embroidery, corporate, fashion, ITES, Information Technology, BPO which ultimately brings expansion of more units in the city.

The Government of Delhi in liaison with banking sector including State Bank of Travancore rapidly focuses on supporting the industries for reaching the maximum level of production by spending less power and pace. The policies incorporated by State Bank of Travancore in terms of disbursing variety of loans are in the name of MSME, SME Easy loan, Mahila Vikas Scheme, MSME Vyapar Mithra, Vyapar Mortgage Scheme and alike.This has encouraged the industries to recruit skilled and unskilled labours for becoming the contributors in the economic growth of the city.

Branch Addresses of State Bank of Travancore New Delhi

Branch NameComplete AddressIFSCMICRContact Number
Karol Bagh - New Delhi P.B.No.2651 Sbt House, 18/4 Arya Samaj Road, Karol Bagh P.O., New Delhi, Delhi, Pin - 110005SBTR0000337110009002011-28752044
Rk Puram - New DelhiP.B.No.4, Ist Floor, Ansal Chambers, Bhikaji Cama Place, Ramakrishnapuram Main P.O., New Delhi, Delhi, Pin - 110066 SBTR000056311000900301126165282/ 01126194611/ 01126185506
Sarojini Nagar (new Delhi) P.B.No.4832 Vinay Nagar - , Bengali Senior Sec.School, Sarojini Nagar P.O., New Delhi, Delhi, Pin - 110023SBTR0000582110009004011 26877660/ 011 26889863
Rohini Commercial Complex - New DelhiP.B.No.10005, Balaji Plaza, Sector - 8, Pocket C - 9, Rohini, New Delhi, Delhi, Pin - 110085 SBTR0000613110009005011-27941027/ 011-27566087
Service Branch - New Delhi P.B.No.2663 Sbt House, 18/4 Arya Samaj Road, Karol Bagh, , New Delhi, Delhi, Pin - 110005 SBTR000063011000900101123414247/ 01123414246
Commercial Branch - New DelhiTravancore House, Kasturba Gandhi Marg, New Delhi, Delhi, Pin - 110001 SBTR0000650110009007011 23383806 /011 23386445/ 011 23382370
A R M Branch - New Delhi P.B.No.2658, 18/4 Arya Samaj Road, Karol Bagh, New Delhi, Delhi, Pin - 110005 SBTR0000676110009029011-58751812/ 011-28755329,
Parliament Street - New DelhiGate No.4A, Jeevan Tara Building, 5 - Parliament Street, New Delhi, New Delhi, Delhi, Pin - 110001 SBTR000069169500904201123340061 /01123341371
Tilak Nagar, New Delhi WZ 112C, Meenakshi Garden, Main Najafgarh Road, Tilak Nagar, New Delhi. Pin - 110018 SBTR0000714560009010011 - 25499421
Mayur Vihar, New Delhi1 Floor, Sachdeva Plaza Ii, Mayur Vihar Phase Ii, Delhi - 110091 SBTR000071911000901201122775761/ 01122775820

Products Offered by State Bank of Travancore New Delhi

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 New Delhi


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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