State Bank of Bikaner and Jaipur (SBBJ)

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State Bank of Bikaner and Jaipur (SBBJ) is one of the leading banks in India with more than 860 branches across
State Bank Of Bikaner Jaipur
the nation, mostly in the state of Rajasthan. An associate bank of State Bank of India, SBBJ has its main area of operation in Rajasthan, however, it also covers all the major business centers of the country. State Bank of Bikaner and Jaipur entered into the capital market with an IPO of 13,60,000 shares (` 440 per share).

Brief History

State Bank of Bikaner and Jaipur was founded in 1963 as a subsidiary of State Bank of India when the two banks State Bank of Jaipur and State Bank of Bikaner merged with each other. Later on April 25, 1966, State Bank of Bikaner and Jaipur took over Govind Bank of Mathura.

State Bank of Bikaner and Jaipur started focusing on the rural parts of the state. It opened up Ganganagar Kshetriya Gramin Bank in 1984, which worked as a district Regional Rural Bank. Next year, it opened Bikaner Kshetriya Gramin Bank. It also opened Marwar Gramin Bank for the districts of Pali, Sirohi and Jalore. Later, all the three banks were merged into MGB Gramin Bank on June 12, 2006 with its headquarters in Pali.

State Bank of Bikaner and Jaipur follows transparent corporate governance policies and always apply the latest technologies in its operations. SBBJ is also among the first Indian banks that implemented online banking system across the nation. It has migrated all its branches to Core Banking Solution (CBS). Internet banking facility is also available to for retail and corporate customers. SBBJ has also taken an initiative to improve its operational efficiency and enhanced customer service by rolling out Business Process Reengineering (BPR). Currently, State Bank of Bikaner and Jaipur has more than 495 ATMs also.

State Bank of Bikaner and Jaipur has been seeing profits since its inception. The business of this Indian bank has also surpassed ` 69,000 crore mark. At the end of March 2009, SBBJ had a net profit of ` 403.45 crore.

Products and Services

State Bank of Bikaner and Jaipur offers a wide array of financial products and services to its customers across the nation. Following are the products and services offered by SBBJ:

Personal Banking

  • Deposits
    • Savings Bank Account
      • Silver Savings Account
      • Suraksha Savings Bank Account
    • Saral Bachat Khata
      • Term Deposit Scheme
      • Special Deposit Scheme
      • Recurring Deposit Scheme
    • SBBJ Flexi Deposit Scheme
    • Special Scheme for Senior Citizens
    • Capital Gain Scheme 1988
    • SBBJ Tax Saver Term Deposit
      • SBBJ Delight
      • SBBJ Scholar Savings Bank Account
      • SBBJ Gold Savings Bank Account
      • SBBJ Diamond Savings Bank Account
  • Advances
    • SBBJ home Loan
    • SBBJ Realty
      • Housing Loan for Rajasthan Govt. Employees
      • Housing Loan Scheme for NRIs
      • Earnest Money Deposit Scheme for Purchase of Land/House
    • SBBJ Car Loan Scheme
      • Vishesh Vahan Yojna for Rajasthan Govt. Employees
    • SBBJ Two Wheeler Loan Scheme
    • SBBJ Education Loan Scheme
    • SBBJ Rent Plus Scheme
    • SBBJ Mortgage Loan Scheme
    • Advance Against RBI Relief Bonds
    • SBBJ Gold Loan Scheme
  • Safe Deposit Lockers

Corporate Banking

  • Regular Current Account
  • Diamond Current Account
  • Gold Current Account
  • SME Power Pack Current Account
  • Flexi Deposit SB & CD Accounts
  • POWER JYOTI Current Account for Fee Collection
  • Mortgage Loan for Trade & Services

International Banking

  • Services for Exporters and Importers
  • Services for Domestic Customers
  • SBBJ Expo Gold Card
  • Interest Gold Card

NRI Services

  • Services for Exporters and Importers
  • Savings Bank Account
  • Current Account
  • Term Deposit Account

Agriculture Products

  • Kisan Credit Card Scheme (KCC)
  • Kisan Gold Card Scheme (KGC)
  • Loans for Purchase of Agricultural Implements
  • Minor/Micro Irrigation Scheme
  • Loans for activities allied to Agriculture
  • Loans for Medicinal & Horticulture Plantation
  • Kisan Vahan Yojana
  • Vermi Compost Scheme for Organic Farming
  • Storage Facilities Development
  • Rural Housing
  • Arthias Plus Scheme
  • Loans on Agricultural Products

Service to SMEs

  • Laghu Udhyami Credit Card Scheme (LUCC)
  • Tatkal Vyapar Suvidha Scheme
  • General Purpose Term Loans
  • SME Smart Score Scheme
  • Artisans Credit Card
  • Scheme for Beauty Parlor
  • SBBJ Tourism Plus
  • SBBJ Shoppe
  • Car Loan to SME Units
  • Mortgage Adcance
  • SBBJ Transport Operators Scheme
  • SBBJ Professional Plus

Government Business

Other Services

  • E-mitra
  • Demat Services
  • Internet Banking
  • ATM Services
  • Real Time Gross Settlement
  • Cross Selling Activities
  • National Electronic Fund Transfer

State Bank of Bikaner and Jaipur (SBBJ) Loans

Established in 1963, State Bank of Bikaner and Jaipur operates primarily from Rajasthan. Among various services offered, State Bank of Bikaner and Jaipur loans and advances are the major highlights of the bank. The bank offers export credit, project finance, working capital finance, which consists of trade finance, term loan, deferred payment guarantee and loan syndication.

The State Bank of Bikaner and Jaipur loans also include home loans, car loans and special loans, such as for educational organizations, for business houses, traders against collateral of property and for tour operators. Hence, the bank offers all kinds of loans including IT, health and education.

Repayment of funds and loans can be made through a special system known as Real Time Gross Settlement or RTGS. This procedure of remittances is also called Core Power. Besides, online or Internet banking is also a hassle free option.

Some of the loans offered by State Bank of Bikaner and Jaipur (SBBJ) are:
  • SBBJ Home Loan (Flexi Home Loans, Maxgain Home Loan)
  • SBBJ Car Loan
  • SBBJ Education Loan
  • SBBJ Mortgage Loan
  • SBBJ Personal Loan
  • SBBJ Two Wheeler Loan
  • SBBJ Gold Loan
One can apply for State Bank of Bikaner and Jaipur home loan if the applicant is minimum 18 years of age and is financially dependable with regular and stable income. The processing fee is 0.60% of the loan amount, which is inclusive of Service tax.

Home loan can be sought to build or purchase a new house or flat, renovate or repair an existing house, purchase an existing flat or house.

General documents required for State Bank of Bikaner and Jaipur Loans:

  • Proof of Identity-PAN card or Voter's ID card, Driving License or Passport
  • Photocopy of Pass Book of last 6 months
  • Proof of Residence-Recent Electricity Bill or Telephone Bill or Passport or Voter's ID card or Property Tax
  • Receipt (in case of non-salaried applicants proof of business address)
  • Passport Size photograph-3 (for car loan 2 photos)
For State Bank of Bikaner and Jaipur car loan, one need to also submit his/her current salary slip, and Form 16, 2 years IT returns and 3 years return for professional and self employed people.

In addition, applying for State Bank of Bikaner and Jaipur education loan, documents required are mark sheets of last qualifying examination, concise statement of assets and liabilities of the co-borrower, proof of admission scholarship or studentship and schedule of expenses for the specified course

In case of car loan, there is no administrative charges, hidden costs and advance EMIs. The bank provides up to 84 months for repayment, which is comparatively longer along with lower interest rates.

SBBJ Contact Address

State Bank of Bikaner and Jaipur
Tilak Marg,
Jaipur - 302005
Tel: +91- 0141- 5101613
E-mail: cmcustomercare@sbbj.co.in
Official Website: https://www.sbbjbank.com/
Toll Free Number :18001806005



Last Updated on May 19, 2015