State Bank of India

State Bank of India IFSC / MICR Codes / Interest Rates

0 State Bank of India Branches Available in 0 States.

State Bank of India is India’s largest commercial bank and falls under fortune 500 companies. Established in 2nd June 1806 in calcutta and named as Bank of Calcutta. In year 1809, bank has received its charter and renamed as Bank of Bengal, which is first joint venture between british india and bengal government.

After the years of evolution, in year 1951 State Bank of India is born and operates with 7 associate banks such as State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Indore, State Bank of Mysore, State Bank of Patiala, State Bank of Saurashtra and State Bank of Travancore.

Due to many administrative reasons and circumstances Bank of Saurashtra and State Bank of Indore merged with State Bank of India on 13 August 2008 and 15 July 2010 respectively and now currently operates with 5 associate banks as specified above.

State bank of India spread its wings across india and globally with 17,000+ branches with employees strength over 200000 (including its associate banks) which really makes largest commercial bank in india as well as globally in terms of number of its branches and employees strength.

Phone Banking Help Line Number

24 x 7 Toll Free Number : 1800 11 2211 / 1800 425 3800 (For any query related to banking)
24 x 7 Help Line Number : 080-26599990 (For any query related to banking)

Corporate Office

The Chairman
State Bank of India, State Bank Bhavan,
Madam Cama Road, Mumbai – 400 021
Fax: 022 22742430

Complaints / feedback :
Card related queries :
Official Website :

Banking Hours:

Monday to Saturday : 10.00 A.M – 4.00 P.M
(2nd and 4th Saturday is holiday)
Sunday : Holiday

Official Website :
Internet Banking :

  Base Interest Rate9.70%
  Home Loan InterestBase Rate i.e. 9.70%
Applicant should be age between 21 years to 45 years
Minimum net monthly income of applicants should be ₹30,000
Above rate of interest for women borrowers as sole applicant or first co-applicant
For others, rate of interest is 9.75% (if they have 5 bps above)
For above ₹1 Crore, the rate of interest will be 10.00% (For 30 BPS and above)
  Personal Loan Interest12.85% - 13.35%
Above specified interest rate for 315 - 365 bps (Basis point)
Min ₹24,000 and max of Rs ₹15 lakhs (Subject to net monthly income)
Repayment period allowed from 6 months - 60 months
  Two Wheeler Loans InterestBase rate + 3.15%
Borrowers age must be between 21 years to 65 years old
Above specified interest applicable for super bikes, for others Base rate + 8.40%
Permanent employee of state / central Govt / Public sector or private company
Salaried persons, the maximum loan amount is restricted to 6 times net monthly income
If self employed / professionals, minimum net annual income should be ₹75,000
Maximum repayment period allowed up to 3 years and 5 years for super bikes
  Car Loans InterestBase Rate + 0.35%
For salaried, net annual income should be a minimum of ₹3,00,000
- The maximum loan amount will be 48 times of the net monthly income
For self employed / professionals, gross taxable income of ₹4,00,000 P.A
- 4 times net profit or gross taxable income as per income tax return assessment
Maximum 85% worth of on road price of the vehicle will be financed
Repayment period allowed up to 84 months which is best in the industry
For used cars, the rate of interest will be Base rate + 7.40% (for 36 EMIs)
- If repayment period is above 36 months - 60 months then Base rate + 7.65%
  Education Loans InterestBase Rate + 3.65%
Above rate applicable for educational loan up to ₹4 lakhs
For loans above ₹4 lakhs - ₹7.5 lakhs, the rate of interest Base rate + 3.90%
Base rate + 1.90% applicable for loans above ₹7.5 lakhs
There is 0.50% interest concession for girl students
1% concession for full tenure of the loan if the interest is promptly paid
  Gold Loans InterestBase Rate + 2.50%
Existing customers avail the loan up to ₹20 lakhs against gold jewels
Repayment period allowed up to maximum of 30 months
  Property Loan InterestBase Rate + 2.50%
Minimum ₹25,000 to maximum of ₹1crore allowed against immovable properties
Repayment period allowed 120 months for salaried individuals with check-off facility
For salaried, allowed up to 24 months of net salary as a maximum loan amount
2 times the net annual income of self employed and professionals
60% of the market value of property will be financed at maximum
  Agricultural Loans InterestBase Rate + 2.00%
Above rate applicable unrated borrower loans up to 3 lakhs (Less than 3 years repayment)
- Between ₹3 lakhs to ₹5 lakhs, the rate of interest will be Base Rate + 3.00%
- Between ₹5 lakhs to ₹25 lakhs, interest rate will be Base Rate + 4.00%
Short term crop loans up to ₹3 lakhs and its rate of interest will be 7% P.A (fixed)
- Also offering 2% subsidy (interest subvention) to bank on such advances
  Internet BankingYes
  Credit CardYes
  ATM / Debit CardYes
  Cheque BooksYes
  Locker FacilityYes
  Core Banking Solution (CBS)Yes
  Mobile BankingYes

State Bank of India Deposit Interest Rate

Deposit PeriodBelow ₹1 Crore Above ₹1 Crore 
PublicSenior CitizonsPublicSenior Citizons
7 days - 45 days5.50%5.75%4.25%4.50%
46 days - 179 days6.75%7.00%4.50%4.75%
180 days - 210 days7.00%7.25%6.75%7.00%
211 days - < 1 year7.25%7.50%6.75%7.00%
1 year - 455 days7.50%7.75%7.00%7.25%
456 days - < 2 years7.75%8.00%7.00%7.25%
2 years - < 3 years7.75%8.00%7.00%7.25%
3 years - < 5 years7.25%7.50%
5 years - 10 years7.25%7.50%7.00%7.25%
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