Information only
State Bank of India is a public sector bank under Reserve Bank of India (RBI) regulation. RBI lists its address as Mumbai (Nariman Point). The bank traces its roots to the Bank of Calcutta of 1806, and it took its present name in 1955. According to the bank's website, as of 8 November 2026, its personal banking loans menu covers home, personal, pension, auto, education, gold and property-backed loans, alongside loans against securities and a rooftop solar loan. This page is an information summary, not an offer.
Loans it offers
Retail loans seen on State Bank of India's website, 8 November 2026
| Loan | What to know |
|---|---|
| Home loans | Has its own home loan site, and an Insta Home Top-up Loan listed in its YONO app section. |
| Personal loans | Includes Xpress Credit for salaried people, a Digi Personal Loan and a bank-selected-offer personal loan in YONO; a separate pension loan menu serves pensioners. |
| Loans against property | Listed as its own page; the property you own is the security. |
| Car loans | An auto loans page, an offer-based car loan in YONO and a Green Car Loan for electric cars. |
| Gold loans | A gold loan page, a Personal Gold Loan in YONO, and a separate Agriculture Gold Loan for farmers. |
| Education loans | Covers study in India and abroad, and lists the PM Vidyalaxmi scheme. |
| Loans against securities | Credit secured on shares and similar holdings; the YONO section also lists a loan against mutual funds and a loan against fixed deposit. |
Related LOANZ 360 guides: home loans, personal loans, loans against property, new car loans, gold loans, education loans and agriculture loans. The bank's own website is the record of its current products.
Key facts
| Fact | Detail |
|---|---|
| Regulator category | Public sector bank |
| Registered office (RBI listing) | Mumbai, Maharashtra |
| Ownership | Majority-owned by the Government of India; governed by the State Bank of India Act, 1955 |
| Origins | Bank of Calcutta (1806), later Bank of Bengal; the three presidency banks merged into the Imperial Bank of India in 1921 |
| Conversion | Became State Bank of India on 1 July 1955 under the State Bank of India Act, 1955 |
| Mergers | State Bank of Saurashtra (2008) and State Bank of Indore (2010); five associate banks and Bharatiya Mahila Bank on 1 April 2017 |
As of 8 November 2026, RBI lists State Bank of India as a public sector bank.
Before you apply
- State Bank of India runs digital routes in its YONO app, including offers made to selected customers. Such an offer is still subject to the bank's checks, so read the Key Fact Statement (KFS) before you accept.
- Check the annual percentage rate (APR) on the KFS, not the headline rate alone. Processing, foreclosure and penal charges are set by the lender.
- For salaried schemes such as Xpress Credit, ask which employer categories qualify and how your existing EMIs affect the limit.
- Comparing your details with eligibility criteria first helps avoid unnecessary credit enquiries; too many lender checks in a short time can lower your score. Checking your own score does not lower it.
Compare published rates on the interest rates page and browse the lenders directory. The label on the lender page (lending partner or information only) is drawn by this site from live data. If State Bank of India is shown as information only, apply on its own website.
State Bank of India’s own website
Last updated 12 Nov 2026