Top Banks 2024
State Bank of Travancore New Delhi
Last Updated : Feb. 18, 2017, 7:57 p.m.
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 Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Karol Bagh - New Delhi | P.B.No.2651 Sbt House, 18/4 Arya Samaj Road, Karol Bagh P.O., New Delhi, Delhi, Pin - 110005 | SBTR0000337 | 110009002 | 011-28752044 |
| Rk Puram - New Delhi | P.B.No.4, Ist Floor, Ansal Chambers, Bhikaji Cama Place, Ramakrishnapuram Main P.O., New Delhi, Delhi, Pin - 110066 | SBTR0000563 | 110009003 | 01126165282/ 01126194611/ 01126185506 |
| Sarojini Nagar (new Delhi) | P.B.No.4832 Vinay Nagar - , Bengali Senior Sec.School, Sarojini Nagar P.O., New Delhi, Delhi, Pin - 110023 | SBTR0000582 | 110009004 | 011 26877660/ 011 26889863 |
| Rohini Commercial Complex - New Delhi | P.B.No.10005, Balaji Plaza, Sector - 8, Pocket C - 9, Rohini, New Delhi, Delhi, Pin - 110085 | SBTR0000613 | 110009005 | 011-27941027/ 011-27566087 |
| Service Branch - New Delhi | P.B.No.2663 Sbt House, 18/4 Arya Samaj Road, Karol Bagh, , New Delhi, Delhi, Pin - 110005 | SBTR0000630 | 110009001 | 01123414247/ 01123414246 |
| Commercial Branch - New Delhi | Travancore House, Kasturba Gandhi Marg, New Delhi, Delhi, Pin - 110001 | SBTR0000650 | 110009007 | 011 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 | SBTR0000676 | 110009029 | 011-58751812/ 011-28755329, |
| Parliament Street - New Delhi | Gate No.4A, Jeevan Tara Building, 5 - Parliament Street, New Delhi, New Delhi, Delhi, Pin - 110001 | SBTR0000691 | 695009042 | 01123340061 /01123341371 |
| Tilak Nagar, New Delhi | WZ 112C, Meenakshi Garden, Main Najafgarh Road, Tilak Nagar, New Delhi. Pin - 110018 | SBTR0000714 | 560009010 | 011 - 25499421 |
| Mayur Vihar, New Delhi | 1 Floor, Sachdeva Plaza Ii, Mayur Vihar Phase Ii, Delhi - 110091 | SBTR0000719 | 110009012 | 01122775761/ 01122775820 |
Products Offered by State Bank of Travancore New Delhi
| 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 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 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) |