State Bank of India (SBI)

State Bank of India
4.5

State Bank of India (SBI) is our trusted partner for all your banking needs. Whether you seek an SBI bank loan for your dream home, education, or business expansion, they provide comprehensive solutions. SBI loans are renowned for their competitive interest rates and favourable terms. With SBI, you can access various consumer loans designed to make your life easier. Choose SBI for your financial aspirations and experience world-class banking services.

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Loans offered by State Bank of India

State Bank of India LoansInterest RateProcessing FeeLoan Amount/Tenure

State Bank of India Personal Loan

11%

NIL

-

Tenure(1 - 30 Years)

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State Bank of India Home Loan

8.4% - 10.15%

Up to 1.3%

₹5L - ₹40Cr

Tenure(Up to 30 Years)

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State Bank of India Loan Against Property

11.05% - 14.05%

NIL

₹1L - ₹20L

Tenure(1 - 6 Years)

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State Bank of India Business Loan

11.2% - 16.3%

Flat Rs 10,000

Up to ₹50Cr

Tenure(Up to 15 Years)

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Features and Benefits of SBI

SBI is highly known for rendering top-notch banking services. Here’s what to expect from the State Bank of India while pining your hopes in its diverse range of financial products and services.

Attractive Interest Rates

No matter if you opt for loans, fixed deposits, or any other financial product or service, the bank provides the same at an attractive interest rate.

Minimal Document Requirement

If you are an existing SBI customer, you can easily avail yourself of the product and services by providing minimal documents. This is because the bank already has your financial history and habits.

Quick Loan Disbursal

The State Bank of India is primarily popular for hassle-free and quick processing. Additionally, by providing relevant documents, you can unlock swift loan disbursal. So, to enjoy the benefits of a required product or service just keep your documents ready ahead of time.

Various Government Schemes

SBI allows its broad customer base easy access to an array of government schemes, including PPF, Pension Accounts, PMAY, National Pension Scheme, Sukanya Samriddhi Scheme, along with Senior Citizen Savings Scheme. You can choose the required one from your home comfort through the official website.

Flexible Repayment Time Frame on Loans

With SBI, you get the opportunity to select a loan repayment time frame that best fits your needs. The presence of flexible repayment tenure ensures that the borrowers do not overburden themselves with higher EMIs.

Convenient Locations

The State Bank of India has a significant network of bank branches and ATMs across the nation, making it highly convenient for customers to avail of its services.

Dedicated Customer Service Team

The presence of a dedicated team of customer care executives ensures that the customer’s queries get resolved as soon as possible. You can get in touch with the customer care executives by calling on their toll-free numbers or dropping a mail.

SBI Bank Overview

State Bank of India is a public sector bank and secured the 43rd position in the world’s largest banks list. Headquartered in Mumbai, SBI is renowned as the financial services statutory body. Adding one more pointer to the list of accomplishments, SBI ranked 221st in the Fortune Global 500 list. SBI was the only Indian bank that secured this rank in the list of largest corporations worldwide.

State Bank of India is the largest Indian Bank, catering to 25% of the customers' overall loan and deposit requirements.

Additionally, it serves approximately 23% of the market share inclined towards assets. Providing employment to more than 250,000 individuals, it is one of India's top five largest employers. The bank aims to provide a top-notch banking experience to the customer and offers multiple financial products and services, including SBI home loans, personal loans, business loans, fixed deposits, government schemes, and much more.

Keep reading more about the products and services the State Bank of India provides to cope with the customer’s versatile financial needs.

FAQs

From refinancing to reducing your interest, we have the answers right here.

Who is the founder of SBI?

Since it is a public sector bank, it has no founder. However, the SBI Bank is headed by Shri Dinesh Kumar Khara.

How can I find my SBI SWIFT code?

You can retrieve your SBI SWIFT code by either simply logging into your SBI net banking account or going through your recent bank statement.

Where can I find the SBI Bank IFSC code?

You can find the SBI Bank IFSC code either on the front page of your passbook or in the chequebook.

How can I get my SBI Bank account details online?

If you want to check your account details online, such as your account number, balance, etc., simply log into your SBI net banking account using your user ID and password and enter the captcha shown. The first page on the screen will display your account details. If you wish to view your account statement, click on the ‘Account Statement’ option on the left-hand side of the account details. Select the account number, statement period, etc., and click on the ‘Go’ option.

What type of bank is the State Bank of India?

The State Bank of India is a public sector bank.

What can I do with SBI net banking?

SBI net banking provides you with a plethora of services. You can transfer money online to other accounts, make online payments, open fixed deposit accounts, and do more.

What is the minimum balance in the SBI bank account?

The average monthly balance in the SBI savings account must be ₹3000, ₹2000 and ₹1000 in the metro, semi-urban and rural areas, respectively. However, SBI has recently announced that it will waive any non-maintenance charges.

Can I open an SBI account with a zero balance?

Yes, the State Bank of India allows you to open a zero-balance account. Such an account is primarily designed to enhance the financial inclusion of the economically weaker sections in the country.

How do I contact SBI customer care?

You can connect with SBI customer care by calling them on the following toll-free numbers:

  • 1800 1234
  • 1800 2100
  • 1800 425 3800
  • 1800 11 2211
  • 080-26599990

SBI toll-free numbers can be accessed from all mobile phones and landlines in the country.

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