Advantages And Benefits Of Account State Bank Of Travancore

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State Bank of Travancore was one of the most prominent banks of Kerala. It was later merged with its parent company, State Bank of India, by an act of the Union Cabinet on Feb. 15, 2017. The bank was established in 1945 by the Diwan of Travancore C.P. Ramaswamy Iyer. Due to his dictatorial style and harsh methods, the bank never acknowledged his contribution. The bank attributes its foundation to the Maharaja of Travancore Sri Chithira Tirunal Balarama Varma.


The bank provides a variety of services such as personal loans, car loans, home loans and savings account facilities. These services are provided at affordable interest rates and comfortable tenures. These services have been explained below.

Personal Loan State Bank of Travancore
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• Proof of agriculture, dairy and poultry activity. Savings Account State Bank of Travancore

Other than having one of the largest network of branches and ATM’s, the bank offers many benefits on its savings account. These benefits have been listed below.

Benefits of Savings Account State Bank of Travancore

• Enjoy an interest of 4% p.a. on your deposit account.
• Locker facilities for storage of important documents and jewellery is available
• A vast network of ATM’s ensures that you are never out of cash.
• Nomination facility is also provided and recommended.
• The account holder will get SMS alerts on the various financial transactions on their deposit account.
• Mobile banking facilities or easy banking on the go.
• Online banking facilities so that the applicant can do all their transactions from the comfort of their home.
• Special accounts for children, college going youngsters, senior citizens, defence personnel etc.
• Reward points facility whereby the applicant earns rewards on their credit cards. These points can be redeemed in the form of gifts and vouchers.
• Discount on health and accident insurance.
• 24X7 helpline to address all your
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