State Bank of Travancore was established in 1945 and through the SBI Subsidiary Banks Act of 1959, it became an associate of the State Bank of India. With its head office in Thiruvananthapuram, Kerala, the State Bank of Travancore is one of the most popular public sector banks in the country. For an individual who wishes to buy any car, the bank offers a variety of car loans that are attractive and convenient. There are many advantages of car loans offered by the bank like high loan terms, quick processing time, lower margins and low interest rates besides many others.