If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
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  • Car Loan Reviews

    • State Bank of Mysore Car Loan
      "Secured Bank"
      0.5 4.0/5 "Great!"
      State bank of Mysore takes much time in documentation and verification process. They approved my car loan and disbursed with in one week of time. I can say it is an average service when compared with sundaram finance. The rate of interest and fee and charges are nominal when compared with Sundaram finance.
      Was this review helpful? 0
      , bellary
      Reviewed on Mar 29, 2017
    • State Bank of Mysore Car Loan
      "Very good car loan process"
      0.5 5.0/5 "Blown Away!"
      I love the process followed by SBM for my car loan. They were able to offer 80% of the road value. The rate of interest offered 17.01% diminishing interest rate. I am holding this SBM car loan for about 5 years. No issues nor any challenges till date. No additional nor any extra charge levied on my car loan.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 29, 2016
    • State Bank of Mysore Car Loan
      "Faster process"
      0.5 5.0/5 "Blown Away!"
      I do have a car loan with State bank of Mysore and the interest rate was around 10%. Customer service is an excellent one with them like, everything happens immediately. Manager of State Bank of Mysore have helped me a lot to in order for me to get the funds.
      Was this review helpful? 1
      , bangalore
      Reviewed on Jun 29, 2016
    • State Bank of Mysore Car Loan
      "Happy with them..."
      0.5 5.0/5 "Blown Away!"
      I am the existing customer of SBM in terms of car loan. So, I got my car loan within a day. They do not taken much time since they are government bank but they are provided good service. Charges and interest part an all good in SBM Bank. I would recommend them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Feb 06, 2016
    • State Bank of Mysore Car Loan
      "Great Experience"
      0.5 5.0/5 "Blown Away!"
      I submitted the documents directly by visiting the branch of state bank of Mysore and the car loan was approved in 45 minutes which was very fast. They offered the best rate of 10.25% and the processing fee was very minimal. 100% loan amount was disburses.
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 22, 2015
    • State Bank of Mysore Car Loan
      "Best "
      0.5 5.0/5 "Blown Away!"
      I got the car loan with the State Bank of Mysore. The rate of interest is around 10.75% and am happy with them. The loan got disbursed within 48 hours of time because I am the priority customer with them. The process got very smoothly done with them. Customer service is not good with them like they are not sending the loan statement of mine.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 21, 2015
    • State Bank of Mysore Car Loan
      "Good one"
      0.5 5.0/5 "Blown Away!"
      SBM car loan process was very good. I have paid only 2.5 lakhs . Its still ongoing now .Interest rate offered by them was a fixed one, I am getting payment alerts from them on time. I normally make the cash payment and there is no charges or challenges as such.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 12, 2015
    • State Bank of Mysore Car Loan
      "Loans Offered In Short Period...."
      0.5 4.0/5 "Great!"
      State bank of Mysore offered me a car loan. The loan was processed and cleared in just 7 working days. They collected less documents. The rate of interest was little bit high but its okay. I got a preference since I had my salary account with them.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 22, 2015
    • State Bank of Mysore Car Loan
      "Attractive rate..."
      0.5 4.5/5 "Excellent!"
      On car loan the State Bank of Mysore offered me 8.5% of interest rate. I have an account of the same bank so they processed the car loan easily. The lockin period to pre close the loan is 18months and service charge is of 3%. The sanctioned amount was 1.5lakhs and the bank fulfilled all the commitments.
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      , mysore
      Reviewed on Sep 18, 2015
    • State Bank of Mysore Car Loan
      "Great Support"
      0.5 5.0/5 "Blown Away!"
      I knew the manager at State of Mysore personally and his support during my Car Loan application was beyond expectation. It took hardly 24 hours to have the loan processed. Documentation was also very simple and hassle free I had taken the loan around 2-3 years back. Bank offered me the loan at floating interest rate.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 14, 2015
    • State Bank of Mysore Car Loan
      "Improvement Needed"
      0.5 4.0/5 "Great!"
      I have taken a car loan from state bank of Mysore. The process was quite faster. The communication on EMI part was missing. Still they did not inform the same. The loan amount was disbursed in just 2 days. They should improve the technology part in communication. I may think before recommending this bank.
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      , bangalore
      Reviewed on Aug 26, 2015
    • State Bank of Mysore Car Loan
      "Excellent customer service!!!!!!!!"
      0.5 5.0/5 "Blown Away!"
      I got my car loan from state bank of mysore with better interest rate as 12% which was very low when compared to other banks.I liked the customer service and documentation part which has been done for me within 2 days . The best part was they do each and every process in my convenient time
      Was this review helpful? 3
      , hosur
      Reviewed on Oct 27, 2014
    • State Bank of Mysore Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      It was through the car dealer I have availed the car loan from State bank of Mysore. Everything went smooth and my loan was disbursed within 3 days of time once the documentation process complete. They offered me a good rate of interest around 10.5%.
      Was this review helpful? 0
      , bangalore
      Reviewed on Sep 01, 2014
    • State Bank of Mysore Car Loan
      "Good Service Overall"
      0.5 5.0/5 "Blown Away!"
      SBM Car Loan Prompt response and very fast service it was very good experience, follow up from staffs was excellent, interest rate was 10.25% it could be have been less, i got everything done in 10 days. If documentation charges could have been less it might be great.
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      , bangalore
      Reviewed on Aug 23, 2014
    • State Bank of Mysore Car Loan
      "Way To Go "
      0.5 4.0/5 "Great!"
      Customer service provided my State of Mysore is good.I am very satisfied. They did not ask for too many documents for my car loan, as they are following the RBI bank norms.however to set up my ECS, there was a delay .but I do understand that they have to follow a procedure.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 03, 2014
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    State Bank of Mysore Car Loan customer care is Rated as "Blown Away!" by 15 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN
    rated 5.0/5.0 by 15 users

    In an attempt to ease the process for customers wishing to avail car loans, State Bank of Mysore car loan has a dedicated customer care unit where customers can get their queries addressed - regarding car loans. State Bank of Mysore has dedicated toll-free services that are functional round-the-clock - 24/7. Customers can even register a grievance or a complaint if they are unhappy with the services.

    State Bank of Mysore Car Loan Toll-Free Numbers

    State Bank of Mysore has a dedicated toll-free number, non-toll-free number, a customer care email ID - where one can register a grievance or a complaint, and an SMS service.

    Category Timings Number
    Toll Free number 24x7 1800-425-2244
    Toll Free number 10 a.m. to 6:00 p.m. 080-22300020
    Customer Care Email ID 24x7 [email protected]
    Customer Care SMS Number 24x7   9900020002

    Other Ways to Contact State Bank of Mysore

    For customers that could not get through to the dedicated customer care unit, they can contact the head office of State Bank of Mysore for queries, grievances, and complaints.

    Office Address Phone Fax
    Head Office Post Box No. 9727, No. 646, Kempe Gowda Road, Bangalore-560009 080-22354984 080-22375303

    State Bank of Mysore Regional Office State/City Wise

    State or City Phone Email
    Bangalore 080-22352564 [email protected]
    Hyderabad 040-66824972 [email protected]
    Chennai 044-25358301 [email protected]
    Mysore 0821-2544551 [email protected]
    Mangalore 0824-2432392 [email protected]
    Shimoga 08182-225011 [email protected]
    Hubli 0836-2364607 [email protected]
    Delhi 011-5229122 Not specified
    Mumbai 022-28263210 Not specified

    State Bank of India Car Loan Customer Care SMS Banking

    State Bank of Mysore has rolled out the SMS banking facility to ease the process of customers checking their account details such as balance enquiry, issuing a mini statement or making an account registration. SMS charges are applicable for this service.

    SBM QUICK SMS Format SMS to be sent to this mobile number Remarks
    Registration REGSBMAccount Number 09223488888 One-time registration
    De-registration DREGAccount Number 09223488888 For de-registering the account
    Balance Enquiry BAL 09223766666 For registered accounts only
    Mini Statement MSTMT 09223866666 For registered accounts only

    BankBazaar Finance app

    For those looking to avail a car loan at the best interest rates, BankBazaar is the portal to visit. Being India’s largest online portal for financial products, BankBazaar lets customers compare car loan interest rates of its partner banks, making sure that customers can choose a loan that is suitable to their needs. In brief, customers can compare car loans, calculate your EMIs, find IFSC codes for different banks, and immediately decide which car loan suits them best. BankBazaar also has a mobile app that enables you to carry the banking world with you wherever you go. Customers can download this app from Google Play Store.

    About State Bank of Mysore

    Established in the year 1913, under the regime of Maharaja Krishna Raja Wadiyar IV, State Bank of Mysore is headquartered in Bangalore. In 1953, the Reserve Bank of India appointed State Bank of Mysore to take responsibility of the Government’s business and treasury operations. Just in the state of Karnataka, State Bank of Mysore has 976 branches and 10,627 employees, despite being the smallest of the five associate banks of State Bank of India. 

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