State Bank of Patiala

State Bank of Patiala

State bank of Patiala is a public sector bank associated with the State Bank Group. It was founded in Patiala in 1917 and is head-quartered in The Mall, Patiala 147 002, India. This bank provides a host banking products and services including loans, investments and savings. As of now, State Bank of Patiala has a total network of 1445 service outlet, and near about 1314 bank-branches.

State Bank of Patiala IFSC Code

The Indian Financial System Code or the IFSC code is a unique alphanumeric code that specially identifies the branch of the bank that is involved in Electronic Fund Transfers. Every bank-branch has a varied IFSC code providing a unique identification to each branch. As for example the IFSC code for Shah Alam Roza Branch, Ahmedabad is STBP0000516 whereas for State Bank of Patiala Mid Corporate Ahmedabad Branch, the IFSC Code is STBP0000879.

State Bank of Patiala Home Loans

State Bank of Patiala offers loan solutions to all the house related problems of the consumers. They provide home loans to buy a new house, buy a plot to build a new house, renovate the old house, loan against property etc. They are:

  • Home Top-up Loan
  • Reality Loan
  • Maxgain Home Loan
  • Loan for Earnest Money.

Other Loan Products

State Bank of Patiala offers a range of loan products to its customers to meet their requirement of funds for various needs. The different types of loans on offer are as follows:

  • State Bank Of Patiala Rent
  • State Bank Of Patiala Car Loans (for new vehicles)
  • State Bank Of Patiala Car Loans (for used vehicles)
  • State Bank Of Patiala GyanJyoti – Education Loan Scheme
  • State Bank Of Patiala Loan to Pensioners
  • State Bank Of Patiala Two Wheeler Loan
  • State Bank Of Patiala Career Loan – a personal segment advance loan
  • State Bank Of Patiala Gram Niwas Scheme for financing rural housing
  • State Bank Of Patiala Easy Loan against Equitable Mortgage of Immovable Property
  • State Bank Of Patiala Personal Loan
  • State Bank Of Patiala Reverse Mortgage
  • State Bank Of Patiala Education Loan Scheme for Vocational Education & Training
  • State Bank Of Patiala Gold Loan (First Variant)
  • State Bank Of Patiala Scholar Scheme
  • State Bank Of Patiala Consumer Durable LoanScheme
  • State Bank Of Patiala JeewanArogya
  • State Bank Of Patiala Coaching Fee Loan Scheme
  • State Bank Of Patiala High Value Super Bike Loan
  • State Bank Of Patiala Gold Loan (Second Variant)
  • State Bank Of Patiala Liquid Gold Scheme

Other schemes offered by the bank include

  • 1% interest subvention scheme
  • EWS Scheme
  • ASBA

State Bank of Patiala Interest Rates

State Bank of Patiala offers a wide range of savings accounts, fixed deposit schemes, current accounts at a very competitive rate of interest. The various types of savings account schemes are:

  • Savings Bank Account for Students
  • State Bank Of Patiala Basic Savings Bank Deposit Account Scheme
  • State Bank Of Patiala Invest Smart Account
  • Saving Bank Little Champ
  • Saving Bank Super Kid
  • Suraksha Savings Bank Account
  • Suraksha Plus Savings Bank Account
  • Corporate Salary Package
  • State Bank Of PatialaFlexi Corporate
  • Money Multiplier SB Account
  • State Bank Of PatialaStar Account
  • SB Sanjeevan

The accounts earn an interest rate of 4% p.a. payable on a daily basis

State Bank of Patiala Fixed Deposit Interest Rates

State Bank of Patiala offers a wide range of retail products to the consumers including fixed deposits whose rates of interest are never fixed. They keep on fluctuating depending on the tenure of deposits. They are:

  • Short-term Fixed Deposit Rates- The short-term fixed deposit rates are provided for deposits for tenure starting at 30 days and ending at 180 days with the rate of interest being fixed at 6.75% p.a.
  • Medium and long-term fixed deposit rates- The interest rate on medium and long term deposit falls under the range of 6.80% p.a. to 7.57 p.a. starting from 6 months and ending at 5 years duration.
  • Fixed Deposit rates for senior citizens- For senior citizens, the fixed deposit rate of interest ranges from 6.00%p.a. to 7.97% p.a. starting from 30 days tenure to 5 years.

The ranges of deposit schemes include the following:

  • Open Deposit
  • State Bank Of Patiala Capital Gains Account Scheme 1988
  • Naunihal Deposit Scheme
  • SwapanLuxmi Recurring Deposit Scheme
  • Corporate Liquid Term Deposit Scheme
  • State Bank Of Patiala Tax Saving Term Deposit

State Bank of Patiala NRI Banking

State Bank of Patiala offers Savings Account, Current Account, Fixed Deposits, and Recurring Deposits for Non-Resident Indians (NRIs) under various types of accounts. They are as follows:

  • NRE Account
  • NRO Account
  • Money Multiplier Savings Bank Account
  • SB NRI- Advantage Account
  • FCNRB Account
  • Resident Foreign Currency Account

State Bank of Patiala Internet Banking

State Bank Of Patiala offers a host of services to the customers through the introduction of internet banking wherein the customers can enjoy online banking facility within the comforts of their own houses. For that a registration process is mandatory and the customer must have an account with the bank. The registration can be done from Online State Bank Of Patiala or from the following link: https://www.onlineState Bank of Bank of Patiala/State Bank of Patialanewuser regfrm.html.

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