SBI Loans

Affiliated with
Gujarat University
-: Subject:-
-: Company/Institute/Organization:-
-: Report On:-
-: Prepared by:-
-: Preface:-
The Practical training is almost important in understanding

the theoretical aspect. Viewing to this importance I have
prepared this Project Report to enrich my knowledge
regarding Banking Sector.
By preparing this report I have understood the need of

practical training in the educational field. It is easier to work
with computerized system then the manual system. It saves
time, effort, space and also increases the efficiency by
creating interest.
My Project Report is with respect to “PERSONAL BANKING &

PERSONAL FINANCE” including all the details about a Loans
& an Advances offering by the State Bank.
Date : 3rd July, 2006

Place: Ahmedabad [Signature]
[Ritesh M. Pandya]
-: Acknowledgement:-
This is to acknowledge that I, Ritesh M. Pandya have performed

the live project on Personal Banking & Personal Finance at State
Bank of India, Regional Business Center, Rajkot Region – III and
State Bank of India, Bhaktinagar
While submitting the project report, it is my bounded duty to offer
my sincere thanks to all who have guided me in the training and
preparing this report work.
My special thanks to
1. Shri Mankodi Sir, Regional Manager, Rajkot Region-III
2. Shri Khiyanni Sir, Chief Manager, Rajkot Region-III
3. Shri Desai Sir, Branch Manager, Bhaktinagar
for allowing me to work on this project.
I would like to thanks Shri Rakesh Sharma, Chief Manager,

Regional Center, Rajkot Region-IV & Shri Kundankumar
Akela, Field Officer, SBI-Bhaktinagar for giving me their
precious time and valuable guidance.
Thanks to all who have supported me directly or indirectly in

this project.
Thanks
Executive Summary:-
Banking Regulation Act of India, 1949 defines Banking as
"accepting, for the purpose of lending or investment of

deposits of money from the public, repayable on demand
or otherwise and withdrawable by cheques, draft, order or
otherwise."
Most of the activities a Bank performs are derived from the above
definition. In addition, Banks are allowed to perform certain
activities which are ancillary to this business of accepting deposits
and lending. A bank's relationship with the public, therefore,
revolves around accepting deposits and lending money. Another
activity which is assuming increasing importance is transfer of
money - both domestic and foreign - from one place to another.
This activity is generally known as "remittance business" in
banking parlance. The so called forex (foreign exchange)
business is largely a part of remittance albeit it involves buying
and selling of foreign currencies.
The law governing Banking Activities in India is called

"Negotiable Instruments Act 1881". The banking activities
can be classified as :
 Accepting Deposits from public/others (Deposits)

 Lending money to public (Loans)
 Transferring money from one place to another

(Remittances)
 Acting as trustees
 Acting as intermediaries
 Keeping valuables in safe custody
 Collection Business
 Government business
-:Index:-
Sr. No. Particulars Pg. No.

1 An Introduction: 08
2 Banking Overview: 09
3 Bank Account: 09
4 PERSONAL BANKING: 11
[A] DEPOSIT SCHEMES: 12
[i] CURRENT ACCOUNT: 13
[ii] BASIC BANKING "NO FRILLS" ACCOUNT’: 14
[iii]SAVINGS BANK ACCOUNT: 15
[iv] SAVINGS PLUS ACCOUNT: 17
[v]TERM DEPOSITS: 18
[vi]SPECIAL TERM DEPOSITS: 20
[vii] SBI MODS: 22
[a] MULTI OPTION DEPOSIT SCHEME 22
[b]RECURRING DEPOSIT: 24
[c]DOMESTIC TERM DEPOSITS: 26
[d]SENIOR CITIZENS DEPOSIT RATES: 27
[viii]REINVESTMENT PLAN: 28
[ix] Demate Account 29
[B] PERSONAL FINANCE:[Loans] 30
[a] SARAL PERSONAL LOAN 31
[b] HOUSING LOAN 34
40
43
[c] EASY TRAVEL LOAN 45
49
[d] GRAM NIVAS SCHEME
54
55
[e] CAR LOAN
57
[f] EDUCATIONAL LOAN 58
63
[g] SCHOLAR LOAN
65
[h] PROPERTY LOAN 67

70
[i] LOAN TO PENSIONERS 71
72
[j] LOAN AGAINST SHARES/DEBENTURES
74
[k] LOAN FOR EARNEST MONEY DEPOSIT 75
[l] FESTIVAL LOANS
[m] MEDI-PLUS SCHEME
[n] TEACHERS-PLUS SCHEME
[o] SAINIK-PLUS SCHEME
[p] TRIBAL-PLUS SCHEME
[q] CREDIT KHAZANA

[r] RENT PLUS
5 Internet Banking 77
6 FOREIGN CURRENCY DEPOSIT RATES 80
7 AGRICULTURAL SEGMENT: 83
8 SME SEGMENT: 83
9 FACTS ABOUT STATE BANK OF INDIA: 88
10 CUSTOMER CARE : 90
11 CONCLUSION :- 93
[1] An Introduction:
Banks are among the main participants of the financial system in India.
Banking offers several facilities & Opportunities. This section of the
provides comprehensive and updated information, guidance and
assistance on all areas of banking in India.
Bank of Hindustan, set up in 1870, was the earliest Indian Bank . Banking
in India on modern lines started with the establishment of three
presidency banks under Presidency Bank’s act 1876 i.e. Bank of Calcutta,
Bank of Bombay and Bank of Madras. In 1921, all presidency banks were
amalgamated to form the Imperial Bank of India.
The commercial banking structure in India consists of: Scheduled

Commercial Banks & Unscheduled Banks. Banking Regulation Act of India,
1949 defines Banking as “accepting, for the purpose of lending or
investment of deposits of money from the public, repayable on demand or
otherwise and withdraw able by cheques, draft, order or otherwise.”
The Software Packages for Banking Applications in India had their

beginnings in the middle of 80s, when the Banks. Spurred on by RBI and
the Rangarajan Committee Report, started computerizing the branches in
a limited manner.
The arrival of foreign and private banks with their superior state-of-the-
art technology-based services pushed Indian Banks also to follow suit by
going in for the latest technologies so as to meet the threat of
competition and retain customer base.
The evolution of IT services outsourcing in the Indian banks has presently

moved on to the level of Facilities Management (FM). Banks now looking
at business process management (BPM) to increase returns on
investment, improve customer relationship management (CRM) and
employee productivity.
For, these entities sustaining long-term customer relationship

management (CRM) has become a challenge with almost everyone in the
market with similar products
[2] Banking Overview:
The major participants of the Indian financial system are the

commercial banks, the financial institutions (Fis), encompassing term-
lending institutions, investment institutions, specialized financial
institutions and the state-level development banks, Non-Bank Financial
Companies (NBFCs) and other market intermediaries such as the stock
brokers and money-lenders. The commercial banks and certain
variants of NBFCs are among the oldest of the market participants. The
Fis, on the other hand, are relatively new entities in the financial
market place
[3]Bank Account:
A Bank Account is the record of financial relationship a customer has

with the Bank. It contains details of all the moneys deposited with the
Bank and withdrawn from it. There are many Bank accounts, but
basically there are two types:
[A] DEPOSITS
[B] LOANS
DEPOSITS:
Accepting deposits is one of the two major activities of the

Banks.
Banks are also called custodians of public money. Basically, the

money is accepted as deposit for safe keeping. But since the Banks
use this money to earn interest from people who need money,
Banks share a part of this interest with the depositors. The quantum
of interest depends upon the tenor – length of time for which the
depositor wishes to keep the money with the Bank – and the ease
of withdrawal. The thumb rule is, longer the tenor, higher the rate
of interest and lesser the restrictions on withdrawal, lesser the
interest. Exceptions, however, exist. Deposits are accepted from
both resident (domestic) or non-resident Indian customers.
It is the business of the banker to accept deposits so that he can

lend it to others and earn interest. Depending upon the liquidity
position of the market and the size of deposit, the earnings can vary
and if the size of the deposit is big enough, it is advisable to shop
around and get the best rate.
Type of deposit accounts (Domestic Customers)
1. Fixed Deposit Accounts

2. Demand Deposits
Savings Account
Current account
Most of the other products offered by the Banks viz. Recurring

Deposit Account, Multi Option Deposit Account, Special Term
Deposit Accounts, Current Fixed Account etc. are essentially
combinations of the above basic type of accounts and are packaged
by different Banks to attract different groups of customers.
[4] PERSONAL BANKING:
Welcome to SBI’s Retail Banking
State Bank of India offers a wide range of services in the Personal

Banking Segment which are indexed here.
SBI products are designed with flexibility to suit your personal requirements. Enjoy 24 hour
facility through our ATMs – growing speedily it has crossed the 5000 mark Watch this space
for more details.
SBI Term Deposits SBI Loan For Pensioners

SBI RecurringLoan Against Mortgage Of Property
Deposits
SBI Housing Loan Loan Against Shares & Debentures
SBI Car Loan Rent Plus Scheme
SBI Educational Loan Medi-Plus Scheme
SBI Personal Loan Rates Of Interest
Experience a whole new world of banking at our newly opened Personal
Banking Branches (PBBs)- often dubbed boutique branches by others.
Customer friendly knowledgeable staff will cater to your financial
requirements with speed and efficiency. Do visit one and find out for
yourself.
Note: All loans at the sole discretion of the Bank.
[A] DEPOSIT SCHEMES:
Whatever your needs – an investment of your surplus funds or to create a

fund for your childrens’ education and marriage. You will find a product
from SBI that suits your requirement, delivered at a branch close to you.
Open an account with any of our branches, all of them are fully
computerised, and realise the advantage of our vast network. Place funds
in Multi Option Deposit Scheme, a term deposit which is not fixed at all
and comes with a unique break-up facility which provides you full liquidity
as well as benefits of higher rates of returns, through your savings bank
account. Alternately, keep that deposit intact by availing an overdraft
facility, to meet your occasional temporary funds requirements.
Want to build up savings slowly? Discover our Recurring Deposit Account.
You can save a little every month to build up the desired corpus to meet
your future requirement of funds.
Our products are designed with flexibility to suit your personal

requirements. Enjoy 24 hour banking facility through our Internet
Banking/ network of ATMs numbering more than 5500. Please watch this
space for more details.
Current Account Savings Plus Account

Savings Bank Account Basic Banking ‘No frills Account’
Term Deposits Recurring Deposit Account
Special Term Deposits Demat Account
Multi Option Deposit Rate of Interest on Domestic Term
Scheme Deposits
Experience a whole new world of Personal Banking Branches (PBB) often

dubbed as boutique branches by others. Customer friendly knowledgeable
staff will cater to your financial requirements with speed and efficiency in
an excellent ambience. The PBBs have different minimum thresholds for
customers’ business to ensure the exclusive level of service. Please visit
one and find out for yourself.
[i] CURRENT ACCOUNT:
Benefits
Card Convenience
Get your Free ATM cum Debit Card and have access to the widest network
of over 5400 ATMs across the country to withdraw cash, enquire about
your balance, etc. Moreover, your card enables you to shop at more than
23,000 Merchant Establishments in India.You can also avail yourself of
our International ATM-cum-Debit Card which can be used within as well
as outside India, at a nominal fee.
Easy and Wide Accessibility
Transact at your convenience, saving time and cost through SBI Internet
Banking.
You can also withdraw cash from Maestro endorsed ATMs and from ATMs
of HDFC Bank, UTI Bank, Andhra Bank, Punjab National Bank, Corporation
Bank, etc., at a nominal fee.
Monitoring Your Account
Monitor and control your funds through SBI Internet Banking or/
and through Passbook/ statement of account facility.
Alternatively, access your account by downloading InstantSBI on
your computer.
Transaction Ease
Unlimited number of payments
Make payments by giving us standing instructions
Remit funds from any part of the country to your account.
Upcountry Cheque Collection facility.
Other Benefits
Overdraft facility.
Transfer of accounts between our wide network of branches without
any charge.
Nomination Facility – Available.
Low minimum balance requirements.
[ii] BASIC BANKING “NO FRILLS” ACCOUNT’:

This account comes with very low minimum balances as well as low/ nil
charges, to cater to the needs of individuals from the vast sections of
population who are, otherwise, not fulfilling certain conditions of our
existing Savings Bank account requirements. Details are as under:
Eligibility: Individuals of 18 years and above earning a gross income of

Rs.5000/- p.m or less.
Mode of operation: Single/ joint
Initial deposit amount: Rs.50/- to open the account
Minimum balance: NIL
Maximum balance/ amount: Rs.10,000/-, being the total value of

business connection of the account holder, including other deposit
accounts.
Rate of interest: As applicable to Savings Bank accounts, if a minimum

balance of Rs.500/- or more is maintained.
Cheque facility: Not available.
ATM-cum-debit card: Will be issued, at a cost of Rs.50/-. An option to

pay the same over a period of two months at the rate of Rs.25/- per
month is available.
Internet Banking facility: Not available
Number of accounts: Ordinarily, a customer will not be allowed to open

more than one basic banking ‘no-frills’ account.
Pass book: Will be issued, updating will be permitted between 11 th and
20th of the month.
Charges for availing services other than those covered here: The
schedule of charges for availing services other than those covered in this
product are being displayed in the branch premises/ notice board. These
are also available in this web site under “Revised service charges, w.e.f.
01.02.2006”.
Nomination facility: Available
Product available at: All CBS branches, except Personal Banking

branches.
[iii]SAVINGS BANK ACCOUNT:
Our Savings Bank Account helps you to plan and save for your future
financial requirements. Your savings remain liquid, safe and earn
moderate interest.
Benefits
Card Convenience
23,000 Merchant Establishments in India. You can also avail yourself of
our International ATM-cum-Debit Card, which can be used within as well
as outside India, at a nominal fee.
Banking.
Monitor and control your funds through SBI Internet Banking or/
and through Passbook/ statement of account facility.
Alternatively, access your account by downloading InstantSBI on
your computer.
Moderate Earning
Our Savings Bank Account earns you an interest at the rate of 3.5% p.a.,
compounded half yearly.
Money Multipliers
Earn Interest at Term Deposit rates through Savings Plus Account.
Link your Savings Bank Account to your Multi Option Deposit (MOD)
Account to earn additional interest on your surplus money and get
the facility of automatic unitised break up of MOD in case there is a
shortfall in your SB account to honour the cheque drawn by you.
Value Added Features

any charge.
Nomination facility – Available
Low minimum balance requirements
50 cheque leaves free, in a year
[iv] SAVINGS PLUS ACCOUNT:
Our Savings Plus Account brings to you the best of both Savings Bank and
Term Deposit Accounts. This provides you the convenience of a Savings
Bank Account along with higher return of Term Deposit.
How is SBI Savings Plus Account Doubly Profitable?
Open a Savings Plus Account and set a threshold limit.
Any surplus funds in the account exceeding the threshold limit, for a
minimum balance of Rs.10,000/- and in multiple of Rs.1000/- in any
one instance, are transferred as Term Deposit and earns interest as
applicable to Term Deposits.
Flexibility to choose the period of deposit from 6 months to 3 years.
Flexibility to set any threshold limit of Rs.5,000/- or above.
Other Benefits of SBI Savings Plus Account
23,000 Merchant Establishments in India. You can also avail yourself of
our International ATM-cum-Debit Card that can be used within as well as
outside India, at a nominal fee.
Banking
Monitor and control your funds through SBI Internet Banking and /
or through Passbook/ advice of Term Deposits/ Special Term
Deposits.
Alternatively, access your account by downloading Instant SBI on
your computer.
Value Added Features

any charge.
[v]TERM DEPOSITS:
Now you can earn a higher income on your surplus funds by investing
those with SBI. We provide security, trust and competitive rate of
interest.
Flexibility in period of term deposit from 7 days to 10 years.
Affordable Low Minimum Deposit Amount: You can open a term
deposit with SBI for a nominal amount of Rs.1000/- only.
Please check our Interest Rates online or simply email through our
Helpline.
Flexibility in choosing the amount you wish to invest and the
maturity period.
Highlights
Safety – We understand the value of your hard earned money and

continue to deliver on our promise of safety and security over 200 years.
Liquidity
Loan /overdraft facility: You can avail a loan/overdraft against your
deposit.SBI provides you loan / overdraft upto 90% of your deposit
amount at nominal cost.So you continue to earn interest in your deposit
and still can meet your urgent financial requirements.
Premature Withdrawal
Interest to be charged on premature withdrawal of term deposits at 0.5%
below the rate applicable for the period deposit has remained with the
Bank.
Transferability- Transfer of Term Deposits between our wide

network of branches without any charge.
Compounding / Flexible / Timely Payment of Interest – Under

our Special Term Deposit Scheme, interest accrues in your account
and gets compounded quarterly. Besides, we assure timely delivery
of the proceeds of your deposit with interest, on maturity. Flexibility
of payment on maturity through Cash (subject to prevalent Income
Tax Act), Banker’s Cheque, Credit in Savings Bank/Current account.
Term Deposits are available at all SBI Branches

Easy and convenient access of 24X7 information at SBI Internet
Banking.
Tax Implications.
Tax Deductible at Source, if the interest paid/ payable on deposit exceeds

Rs.5000/- per customer, per year, per branch.
Automatic Renewals
There is no need for you to keep track of the maturity of your deposits.
Your deposits with us will be renewed automatically, post maturity. And
you continue to earn interest for same period as that of your matured
deposit, at the interest rate prevailing at the time of maturity. Automatic
renewals take place where there are no standing instructions for renewal.
Flexibility to covert your Special Term Deposit to Term Deposit

and vice versa
 You can convert your special Term Deposit to a Term Deposit to

receive monthly/quarterly interest payments to match your financial
requirements.
 You can also convert your Term Deposit to a Special Term Deposit,
which provides compounded rate of interest to multiply your money
faster.
[vi]SPECIAL TERM DEPOSITS:
This plan helps you to earn interest on interest, thus giving you a two-fold
income. You deposit your money with us for any period between six
months to 10 years, and we pay you interest on your deposited money
plus on the interest you earn. Thus your interest gets compounded every
quarter giving you higher returns.
Affordable/Very Low Minimum Deposit Amount

You can open a Special Term Deposit with SBI for a nominal amount of
Rs. 1000/- only.
Highlights
Safety – We understand the value of your hard earned money and
continue to deliver on our promise of safety and security over 200 years.
Liquidity
Loan /overdraft facility: You can avail a loan/overdraft against your
deposit. SBI provides you loan / overdraft upto 90% of your deposit
amount at nominal cost. So you continue to earn interest in your deposit
and still can meet your urgent financial requirements.
Premature Withdrawal
Interest to be charged on premature withdrawal of special term deposits
at 0.5% below the rate applicable for the period deposit has remained
with the Bank.
Transferability- Transfer of Special Term Deposits between our wide

network of branches without any charge.
Flexible / Timely Payment of Interest – We assure timely delivery of

the proceeds of your deposit with interest, on maturity. Flexibility of
payment on maturity through Cash (subject to prevalent Income Tax
Act), Banker’s Cheque, Credit in Savings Bank/Current account.
Others
Special Term Deposits are available at all SBI Branches
Banking.
Tax Implications.
Tax Deductible at Source, if the interest paid/ payable on deposit exceeds

Rs.5000/- per customer, per year, per branch.
Automatic Renewals
There is no need for you to keep track of the maturity of your deposits.
Your deposits with us will be renewed automatically, post maturity. And
you continue to earn interest for same period as that of your matured
deposit, at the interest rate prevailing at the time of maturity. Automatic
renewals take place where there are no standing instructions for renewal.
Flexibility to covert your Term Deposit to Special Term Deposit

and vice versa
You can convert your Term Deposit to a Special Term Deposit,

which provides compounded rate of interest to multiply your money
faster.
You can also convert your Special Term Deposit to a Term Deposit
to receive monthly/quarterly interest payments to match your
financial requirements.
[vii] SBI MODS:
[a] MULTI OPTION DEPOSIT SCHEME

The Multi Option Deposit (MOD) Account is a combination of Savings Bank
or Current Account with Term/ Special Term Deposit Accounts, so that
one can securely write cheques upto the balance in the MOD account or
upto the drawing power available as overdraft in the Current account.
Exclusive Features:
Complete Liquidity.
Convenience of Overdraft.
Earns a higher rate of interest on your deposit, without the dilemma
of locking it for a long period.
At the time of need for funds, withdrawals can be made in units of
Rs.1,000/- from the Deposits by issuing a cheque from Savings
Bank Account or through overdraft facility from Current account.
Flexibility in period of Term Deposit from 1 year to 5 years.
You can open a MOD account with SBI for a minimum amount of Rs.
10,000/- only.
MOD Scheme is available at all SBI Branches
Banking
Other Facilities
Type of Linked to Facilities

Deposit Account
Type
Term Savings Bank  A Term Deposit (Interest paid monthly or
Deposit Account quarterly) under MOD is linked with a
Savings Bank account permitting to
withdraw funds from Term Deposits in
units of Rs.1000/- by issuing a cheque
on Savings Bank Account
 Additional interest can be earned by
routing your interest receivables from
Term Deposit to your Savings Bank
Account
Term Current A Term Deposit (interest paid monthly or
Deposit Account quarterly) under MOD scheme is linked with a
Current account with overdraft facility
permitting you to withdraw funds upto the
available Drawing Power.
Special Savings Bank A Special Term Deposit (interest compounded
Term Account quarterly) under MOD is linked with a Savings
Deposit Bank account permitting to withdraw funds
from Special Term Deposits in units of
Rs.1000/- by issuing a cheque from Savings
Bank account.
Special Current A Special Term Deposit (interest compounded
Term Account quarterly) under MOD is linked with a Current
Deposit Account with overdraft facility permitting you
to withdraw funds upto the available Drawing
Power.
 Tax Implications
Tax Deductible at Source as applicable to Term Deposits/ Special
Term Deposits.
 Automatic Renewals
As applicable to Term Deposits/ Special Term Deposits.
 Premature Withdrawal
As applicable to Term Deposits/ Special Term Deposits.
 Regular Updates
A quarterly statement showing the value of the deposits including
interest, is issued.
 Nomination Facility – Available
[b]RECURRING DEPOSIT:
Want to create a fund for your children’s education or marriage or to buy
a car or for a dream holiday? Whatever may be your financial goals,
through our Recurring Deposit Scheme you can save a little every month
so that at the time of need you have sufficient funds to achieve your
financial goals. Recurring Deposit provides you the element of compulsion
to save at high rates of interest applicable to Term Deposits along with
liquidity to access that savings any time. So set aside a small amount
every month and earn at compounded rates of interest.
Wide Choice in Period of Deposit

Flexibility in period of deposit with maturity ranging from 6 months
to 120 months.
Low minimum monthly deposit amount.
You can start a Recurring Deposit with SBI for a monthly instalment
of Rs.100/- only.
SBI Term Deposit Rates Apply

Check out our Interest Rates Online or simply email through our
Helpline
Choose the amount you wish to invest and the maturity period.
Highlights
 Safety
We understand the value of your hard earned money and continue
to deliver on our promise of safety and security over two centuries.
 Liquidity
Loan /overdraft facility: You can avail a loan/overdraft against
your deposit. SBI provides you loan / overdraft upto 90% of your
deposit amount at nominal cost. So you continue to earn interest in
your deposit and still can meet your urgent financial requirements.
 Transferability
Transfer of Recurring Deposit accounts between our wide network of
branches without any charge.
 Regular Instalments to your Account
Now you have motivation/compulsion to save a chosen
amount every month and create a fund, which helps you to
meet your future financial needs.
 Recurring Deposits are available at all SBI Branches
 Easy and convenient access of information at SBI Internet Banking
Other Benefits
Nomination Facility – Available
Regular Instalments to your Account
–Save in your account through Fixed Monthly Instalments.

–Monthly Instalments can be deposited on any working day
of the month.
–Delayed monthly instalments attract penalty.
–Instalments payable in multiples of Rs.10/-
Free Fund Transfer

Free transfer of your funds through standing instructions from your
Current or Savings Bank Account to your Recurring Deposit Account every
month for the payment of your instalments, so that you do not have to
worry about regular payments.
Regular Updates
You can monitor your deposit through SBI Internet Banking or through a
passbook issued to you.
[c]DOMESTIC TERM DEPOSITS:
INTEREST RATES ON DOMESTIC TERM DEPOSITS AND NRO

DEPOSITS WITH EFFECT FROM 1st May 2006
Interest Rates
Duration
Annualized yield at
(% p.a)
the of the slab (%)
7 days to 14 days 3.00* 3.00

15 days & upto 45 4.50 4.50
days
46 days and upto 5.00 5.00
179 days
180 days to less 6.00 6.04
than 1 year
1 year to less than 6.25 6.40
3 years
3 years to less 6.50 7.11
than 5 years
5 years and up to 7.00 8.30
10 years
The rate of interest for single domestic term deposit (for maturities
of 1 year and above) of ‘Rs.15 lakhs but less than Rs.1 crore’ shall
be 25bp above card rate and for term deposit of ‘Rs.1 crore and
above’ shall be 50 bp above the card rate.
For bulk deposits of Rs.10 crore and above, please approach
branches for Treasury rates.
However, these differential rates above card rate will not be
available for Super- Saver Term deposits.
Premature Payment Of Term Deposits :
Interest to be charged on premature withdrawal of term deposits at

0.50% below the rate applicable for the period deposit has remained
with the Bank.
[d]SENIOR CITIZENS DEPOSIT RATES:
DEPOSITS OF SENIOR CITIZENS (Age 60 years and above)
MATURITY PERIOD Interest Rates (% Annualized yield

p.a) Revised w.e.f. at the of the slab
1st May 2006 (%)
1 year to less than 6.75

6.92
3years
3 years to less than 5 7.00

7.71
Years
5 Years and up to 10 7.50 9.00

years
SENIOR CITIZEN DEPOSIT SCHEME
STANDARD TABLE FOR MATURITY VALUES OF A SPECIAL

TERM DEPOSIT OF RS. 100/-W.E.F. Nov. 29, 2004
FOR PUBLIC
12 106.1364
15 107.7284
18 109.3443
21 110.9845
24 112.6493
27 114.3390
30 116.0541
36 120.4483
48 128.1546
60 138.0420
72 147.2358
84 157.0419
96 167.5012
108 178.6570
120 190.5559
[viii]REINVESTMENT PLAN:
Reinvestment Plan
(Special Term Deposits)
Period Maturity amount Yield %

for Rs.100.00
6 months 102.5156
9 months 103.7971
12 months 105.6145 5.6145
24 months 111.5442 5.77209
36 months 118.6813 6.22711
60 months 136.3539 7.27078
120 months 185.9239 8.59239
[ix]Demat account:
Demat refers to a dematerialised account.

Just as you have to open an account with a bank if you want to
save your money, make cheque payments etc, you need to open a
demat account if you want to buy or sell stocks.
So it is just like a bank account where actual money is replaced by

shares.
You have to approach the DPs (remember, they are like bank
branches), to open your demat account.
Let's say your portfolio of shares looks like this: 40 of Infosys, 25 of

Wipro, 45 of HLL and 100 of ACC.
All these will show in your demat account.
So you don't have to possess any physical certificates showing that

you own these shares. They are all held electronically in your
account.
As you buy and sell the shares, they are adjusted in your account.
Just like a bank passbook or statement, the DP will provide you with
periodic statements of holdings and transactions.
Where do I begin?
 Look for a DP to have an account with

 Most banks are also DP participants, as are many
brokers.
 You can choose your very own DP.
 To get a list, visit the NSDL and CDSL websites and see
who the registered DPs are.
 A broker is separate from a DP. A broker is a member of
the stock exchange, who buys and sells shares on his behalf
and on behalf of his clients.
 A DP will just give you an account to hold those shares.
 You do not have to take the same DP that your broker
takes. You can choose your own.
 But many brokers offer special incentives in the form of
lower charges for opening demat accounts with their DPs.
 Get your documents in place
Once you approach your DP, you will be guided through the
formalities of opening an account.
You must fill up an account opening form and sign an agreement
with your DP.
The DP will ask for some documents as proof of your identity and
address.
Check with them what they require. For instance, some may accept
a driver's license, others may not.
Here is a broad list (you won't need all of them though):
• PAN card
• Voter's ID
• Passport
• Ration card
• Driver's license
• Photo credit card
• Employee ID card
• Bank attestation
• IT returns
• Electricity/ Landline phone bill
While they only ask for photocopies of the documents, they will
need the originals for verification.
You will have to submit a passport size photograph on which you
sign across.
 How many shares you need to have to open an account
When opening an account with a bank, you need a minimum

balance.
Not so with a demat account. A demat account can be opened with
no balance of shares.
And there is no minimum balance to be maintained either. You can
have a zero balance in your account.
[B]PERSONAL FINANCE:[Loans]
State Bank of India has a variety of schemes under Personal Finance to

satisfy varying needs of the banking public. The Bank offers the following
schemes with attractive rates of interest:
a) Saral Personal Loan

b) Housing Loan
c) Easy Travel Loan
d) Car Loan
e) Educational Loan
f) Scholar Loan
g) Property Loan
h) Loan to Pensioners
i) Loan Against Shares/Debentures
j) Festival Loans
k) Medi-Plus Scheme
l) Teachers-Plus Scheme
m) Sainik-Plus Scheme
n) Tribal-Plus Scheme
o) Credit Khazana
p) Rent Plus
Many of our branches offer loans under Personal Finance. This section
also offers an EMI calculator to facilitate computation of monthly
repayment.
[A] SARAL PERSONAL LOAN:
Do you want funds readily available to you whenever you desire or need,
be it a sudden vacation that you plan with your family or urgent funds
required for medical treatment. SBI’s Saral Personal Loan is the answer to
your questions. Access this facility frombranches across the country and
confidently face the challenge of meeting any kind of personal expenses!!
Enjoy the SBI Advantage
Lowest interest rates. Further, we charge interest on a daily

reducing balance!!
Lowest processing charges, (1-2%) of loan amount, to be paid
upfront.
No hidden costs or administrative charges.
No security required ……which means minimal documentation…
something that you had always wanted.
A prepayment service charge for those borrowers who prepay the
loan before 6 months.
Long repayment period of up to 48 months.
Purpose
To meet any kind of personal expenses, e.g., marriage, family functions,
medical, educational, travel expenses, etc.
Eligibility
Any Resident Indian National having capability to repay a loan. He should

score minimum required marks as per Credit Scoring Model.
Minimum Net Monthly Income Rs.5,000/- after all deductions, including
Income Tax OR Rs.60,000/- Net Annual Income in case of other than
salaried individuals.
Salient Features
Loan Amount
The personal loan limit would be determined by income and repayment

capacity.
Minimum: Rs.24,000/- in Metro and Urban centers, Rs.10,000/- in

Rural/Semi-urban centers
Maximum: 12 times Net Monthly Income for salaried individuals and

pensioners, 1 year’s net annual income in case of self employed
professionals additionally, your spouse’s income can be considered in
calculating the loan amount provided he/she guarantees the loan or the
loan is taken jointly.
Ceiling Rs.10 lacs
Margin
We do not insist on any margin amount.
Interest Rates
250 bps above SBAR i.e.12.75% p.a. floating to 450 bps above SBAR
i.e.14.25% p.a. floating depending on Credit Score. Borrowers with good
track record with our bank will be rewarded.
Repayment
The loan is repayable in 48 EMI. You are allowed to pay more than the
EMI if you wish to, without attracting any prepayment penalty.
Security: NIL
Documents Required
Documents to be furnished while opening a Saral Personal Loan Account:
For existing bank customers
Passport size photograph
Income Proof from salaried individuals
Latest salary slip and Form 16
From Self-employed individuals and Professionals
IT returns for the last two financial years,
Proof of identity (any one) For New Customers
Voter’s card
Employer issued Photo identity Card
Valid Passport
Valid Driving License
PAN Card
Proof of Residence (any one):
Telephone Bill/Electricity Bill not more than 3 months old

Any Utility bill such as Gas connection bill/Internet connection bill or
lease deed
Valid Passport
Valid Voter’s Card Employer issued Photo identity Card
Proof of Professional Qualification
Copy of highest professional degree held
Proof of official address
This can include Shop and Establishment Certificate/Lease

deed/Telephone Bill
[B] HOUSING LOAN:
Home is where the heart is! At SBI, we understand this better than most
– the toil and sweat that goes into building/ buying a house and the
subsequent pride and joy of owning one. This is why our Housing loan
schemes are designed to make it simple for you to make a choice at least
as far as financing goes!
‘SBI-Home Loans’
Unique features:
No cap on maximum loan amount for purchase/ construction of house/

flat
Option to club income of your spouse and children to compute eligible
loan amount
Provision to club expected rent accruals from property proposed to
compute eligible loan amount
Provision to finance cost of furnishing and consumer durables as part
of project cost
Repayment permitted upto 70 years of age
Free personal accident insurance cover
Optional Group Insurance from SBI Life at concessional premium
(Upfront premium financed as part of project cost)
Interest applied on daily diminishing balance basis
‘Plus’ schemes which offer attractive packages with concessional
interest rates, margins and processing fee to Govt. Employees,
Teachers, Scientists, Employees in Oil sector, Journalists (in select
cities) etc.
Special scheme to grant loans to finance Earnest Money Deposits to be
paid to Urban Development Authority/ Housing Board, etc. in respect
of allotment of sites/ house/ flat
No Administrative Charges or application fee
Prepayment penalty is recovered only if the loan is pre-closed before
half of the original tenure (not recovered for bulk payments provided
the loan is not closed)
Provision for downward refixation of EMI in respect of floating rate
borrowers who avail Housing Loans of Rs.5 lacs and above, to avail the
benefit of downward revision of interest rate by 1% or more
In-principle approval issued to give you flexibility while negotiating
purchase of a property
Attractive packages in respect of loans granted under tie-up with
Central/ State Governments/ PSUs/ reputed corporate and tie-up with
reputed builders (Please contact your nearest branch for details)
Package of exclusive benefits:
 Complimentary international ATM-Debit card
 Complimentary SBI Classic/ International Credit Card with waiver of
joining and first year’s fees
 Option for E-banking
 Concessional package under ‘Credit Khazana’ for prospective car
loan borrowers whose accounts are conducted satisfactorily
 50% concession in charges in respect of all personal remittances/
collection of outstation cheques
Purpose
Purchase/ Construction of new House/ Flat

Purchase of an existing House/ Flat
Purchase of a plot of land for construction of House
Extension/ repair/ renovation/ alteration of an existing House/ Flat
Purchase of Furnishings and Consumer Durables as a part of the
project cost
Takeover of an existing loan from other Banks/ Housing Finance
Companies
Eligibility
Minimum age 21 years as on the date of sanction
Steady source of income
Loan Amount
Applicant/ any one of the applicants are aged over 21 years and upto
45 years – 60 times Net Monthly Income (NMI) or 5 times Net Annual
Income (NAI), subject to aggregate repayment obligations not
exceeding 57.50% of NMI/ NAI
Applicant(s) aged over 45 years of age– 48 times NMI or 4 times NAI,
subject to aggregate repayment obligations not exceeding 50%of NMI/
NAI
To enhance loan eligibility you have option to add:
Income of your spouse

Income of your son/ daughter living with you, provided they have a
steady income and his/ her salary account is maintained with SBI
Expected rent accruals (less taxes, cess, etc.) if the house/ flat being
purchased is proposed to be rented out
Regular income from all sources
Margin
Purchase/ Construction of a new House/ Flat/ Plot of land: 15%

Purchase of an existing House/ Flat: 15%
Repairs/ Renovation of an existing House/ Flat: 20%
HOUSING LOAN – INTEREST RATES:
Interest rates
Floating interest rates (linked to State Bank Advance Rate –

SBAR):
(SBAR: 10.75%)
Tenure Rate of Interest (p.a.)
Upto 5 years 2.00% below SBAR Minimum 8.75%
Above 5 and upto 10 years 1.50% below SBAR Minimum 9.25%
Fixed interest rates:

Tenure Rate of Interest (p.a.)*
Upto 5 years 9.50%
Above 5 and upto 10 years 9.75%
A. Fixed rate loans will be subject to :
‘force measure’ clause in terms of which Bank is authorized to alter
fixed interest rates applicable suitably and prospectively in the event of
major volatility in interest rates during the period of the loan
agreement.
Interest rate reset at the end of every two years on the basis of fixed
interest rates prevailing then
Processing Fee
0.50% of Loan amount (including Service Tax)
Prepayment Penalty
2% of the loan prepaid if the prepayment is made before expiry of half

the original tenure.
Security
Equitable mortgage of the property

Other tangible security of adequate value like NSCs, LIC policies etc., if
the property cannot be mortgaged
Maximum Repayment Period
For applicants upto 45 years of age: 20 years

For applicants over 45 years of age: 15 years
Moratorium
Upto 18 months from the date of disbursement of first installment or 2

months after final disbursement in respect of loans for construction of
new house/ flat (moratorium period will be included in the maximum
repayment period)
Disbursement
In lump sum direct in favour of the builder/ seller in respect of outright

purchase
In stages depending upon the actual progress of work in respect of
construction of house/ flat etc.
Documents
 Completed application form
 Passport size photograph
 Proof of Identity – PAN Card/ Voters ID/ Passport/ Driving License
 Proof of Residence – Recent Telephone Bill/ Electricity Bill/
Property tax receipt/ Passport/ Voters ID
 Proof of business address in respect of businessmen/ industrialists
 Sale Deed, Agreement of Sale, Letter of Allotment, Non
encumbrance certificate, Land/ Building Tax paid receipt etc. (as
applicable and subject to satisfaction report from our empanelled
lawyer)
 Copy of approved plan and approval from the Local Body
 Statement of Bank Account/ Pass Book for last 6 months
‘SBI-Flexi’ Home Loans
A customized product designed to enable borrowers to hedge their Home

Loan against unfavorable movement in interest rates. The product gives
you a one time irrevocable option to choose one of the three customized
combinations of fixed and floating interest rates and also to choose the
order in which the fixed and floating rate will be availed.
Minimum Loan Amount: Rs.5 lacs
(Other terms and conditions – as applicable to regular Home Loans)
‘SBI-Maxgain’ Home Loans
An innovative and customer-friendly product to enable you to earn

optimal yield on your savings and minimize interest burden on Home
Loans, with no extra cost.
The loan is granted as an Overdraft facility with the added flexibility for
you to operate your Home Loan Account like your SB or Current Account.
The product serves to minimize your interest cost by enabling you to park
your surplus funds in ‘SBI-Maxgain’ (with the benefit to withdraw the
surplus funds whenever you require), specially in the wake of low yields
from other deposit/ investment avenues.
Minimum Loan Amount: Rs.5 lacs
‘SBI-Realty’ Home Loans
A unique product if you are on the look out for a loan to purchase a plot
of land for house construction. The loan is available for a maximum
amount of Rs.20 lacs* and with a comfortable repayment period of upto
15 years.
You are also eligible to avail another Housing Loan for construction of
house on the plot financed above with the benefit of running both the
loans concurrently.
(House should be constructed within 5 years from the date of availment of

‘SBI-Realty’ Housing Loan)
(* relaxation considered on case to case basis)
‘SBI-Freedom’ Home Loans
A revolutionary product designed for customers who are on the look out
for a source of finance for a property they want to invest in without
mortgaging the same. All you have to do is pledge any financial security
that you have and you will get a Home Loan for your dream home.
A must-take for those who do not want to pay stamp duty for mortgage
of their property or go through the hassles of creation of mortgage.
You also have an option to take the loan by way of mortgage of the
property and pledge financial securities in lieu of margin money.
Repayment is highly customized, giving you the option to repay through

regular EMIs or through maturity proceeds of the securities pledged.

[C] EASY TRAVEL LOAN:
Do you want funds readily available to you whenever you desire to go on

a vacation that you plan with your family or friends? SBI’s Easy Travel
Loan is the answer to your questions.
Enjoy the SBI Advantage:
Lowest interest rate. Further, we charge interest on a daily reducing

balance!!
Lowest processing charges; only 1% of loan amount.
Complete transparency; No hidden costs or administrative charges.
No security required which means minimal documentation

No prepayment penalties. Reduce your interest burden and

optimally utilize your surplus funds by prepaying the loan.
Long repayment period of up to 48 months.
The Scheme
Purpose
To meet any kind of Travel expense such as cost of ticket, hotel stay,
visa, airport tax, purchase of Basic Travel Quota, etc.
Eligibility
You are eligible if you are:
A State/Central Govt. Employee, employee of public sector

undertaking/reputed profit making public limited company, reputed
institutions, MNC with a minimum service experience of 2 years.
A self employed professional, with a minimum 2 years standing. You

should be 60 years of age or less.
A Pensioner of PSU/Govt. (Central/State)/Public Sector Bank who has

taken premature voluntary retirement and is 60 years of age or less
Agents of insurance/KVP/Mutual funds etc. with 3-5 years standing who
are tax assesses and whose gross annual income exceeds Rs. 2 lacs.
Traders, who have cash flows to repay the loans and can provide suitable
third party guarantee, they should restrict their banking requirements to
the branch where the loan is proposed to be taken.
Salient Features
Loan Amount
Your personal loan limit would be determined by your income and

repayment capacity.
Minimum : Rs.24,000/-
Maximum : 12 times Net Monthly Income for salaried individuals and

pensioners and 1 year’s net annual income in case of self employed
professionals with the under noted ceilings.
For Salaried individuals and self employed professionals: Rs.2.5 lacs (Rs.5
lacs in New Delhi, Chennai, Bangalore, Hyderabad, Mumbai and Kolkata
and can be further increased to Rs.10 lacs if the self-employed
professional maintains a satisfactorily conducted account with our branch
or the salary of individual is regularly credited to their account with our
Bank)
For pensioners: Rs.1.5 lacs
For members of business community: Rs.3.0 lac or 1 year’s net annual

profit during the preceding financial year, whichever is lower.
Documents Required
For existing bank customers
Copy of Passport
Copies of Rail-tickets/Bus tickets/Air tickets and visas of
consolidated invoice containing ticket charges, insurance charges,
other sundry charges, etc.
For salaried individuals Latest salary slip and Form 16, for Self-
employed individuals and Professionals IT returns for the last two
financial years.
Proof of Professional Qualification (for self employed professionals)
Copy of highest Professionals degree held
For New Customer:
Important documents to be furnished while opening a Personal Loan

Account:
Copy of Passport
Copies of Rail-tickets/Bus tickets/Air tickets and visasCopy of
consolidated invoice containing ticket charges, insurance charges,
other sundry charges, etc.
For salaried individuals Latest salary slip and Form 16 for Self-
employed individuals and Professionals IT returns for the last two
financial years.
Proof of Residential address
This can include home and establishment certificate/Lease
deed/Telephone Bill.
Proof of Professional Qualification (for self employed

professionals)
Copy of highest Professionals degree held
Proof of official address (for members of business community)
This can include shop and establishment certificate/Lease deed/Telephone

Bill.
Margin
we do not insist on any margin amount.
Interest Rates
12.75% floating.
Repayment
The loan is repayable in a maximum of 48 EMI. You are allowed to pay
more than the EMI if you wish to, without attracting any prepayment
penalty.
Security
No security is needed except in the case of members of business
community where suitable third party guarantee is required.
[D] GRAM NIVAS SCHEME
This customized offering is an extension of the social responsibility that

we have shouldered since the very inception of the Bank. The objective of
this scheme is to comprehensively cater to the needs of the village
community with special focus on poorest of the poor for Housing Loans
keeping in view the peculiarity of the ownership title in rural areas, social
habits, type of construction and other related needs.
Scheme Highlights
Purpose
Purchase or construction of a house, including cost of construction

of work shed for pursuing income generating activities viz. dairy
shed, tailoring shop, grocery store, work shed for village artisans
etc
Renovation or repair of existing house/ shed which is not more than
15 years old in case of RCC/ Tiled Roof (with steel/ wooden beams)
and 5 years for other types of construction
Purchase of a plot of land for the purpose of house construction
Extension of existing house/ work space
If the plots owned are in different places in the same village, two separate
loans for construction of house and work shed may be extended.
Operational Area
The Scheme will cover all rural and semi-urban centers. ‘Rural Area’ for
the purpose of the Scheme is the area comprised in any village including
the area comprised in any town, the population of which does not exceed
50000 as per 1991 census
Eligibility
The applicant should be between 21 years and 50 years of age*

Individuals having satisfactorily conducted deposit accounts for two
years, or
Individuals whose existing loan account is satisfactorily conducted
and is a Standard Asset, or
A member of a Self Help Group having savings/ loan accounts with
us
* Applicants above 50 years may be considered for sanction of loan
with all the legal heirs joining as guarantors or after obtaining a
suitable no objection agreement/ power of attorney from the legal
heirs
Loan Amount
The loan amount will be:

5 times the Average Annual Income from agriculture including
income from ancillary agricultural activity, or
5 times the Net Annual Income in case of employees, or
5 times the Average Annual Income from the business/ profession
To enhance the loan eligibility you have the option to add:
Income of your spouse

Regular income from all sources
The loan amount is, however, subject to the following limits
For construction/purchase of house: Rs.2.00 lacs
For repairs/renovation: Rs.1.00 lac

For purchase of land: Rs.0.30 lac
Margin
10% of the project cost
Assessment of Eligibility
For loans upto Rs.0.50 lacs – on the basis of simple estimates

For loans above Rs.0.50 lacs – on the basis of unit costs for
different types of houses as fixed by the Bank
Security
For loans upto Rs.0.50 lacs – only third party guarantee is required
For Loans above Rs.0.50 lacs:

Equitable/ Registered mortgage of the House/ Flat, or
Any other tangible security including agricultural land to cover
100% of loan amount
Repayment
Maximum repayment period of upto 15 years with option to repay in
equated monthly/ quarterly/ half yearly/ yearly installments, decided
upon the merits of each case
Processing Charges
Nil. (Lawyer’s fee, not exceeding Rs.500, to be paid by the borrower)

(Other terms and conditions – as applicable to regular housing loans)
[E] CAR LOAN
Move ahead in life with SBI Car Loans! If you have been putting off
purchasing that car, we invite you to go through our Car Loans scheme.
Low interest rates, easy repayment options, total transparency, Low

processing charges, finance to include vehicle registration charges,
insurance and one time road tax.
Well, what are you waiting for? Just step in to any of our branches (more
than 6000) that offer Car Loans or our Personal Banking Branches and
give wheels to your desire!
You can apply for an SBI Car Loan to purchase:

A new car, jeep, Multi Utility Vehicle (MUV) or SUV (any make or
model)
An old car / jeep / MUV /SUV (not more than 5 years old). (any
make or model)
Enjoy the SBI Advantage :
Excellent service and lower costs. A quick survey of similar schemes

available elsewhere and you will find that SBI Car Loans for new and old
vehicles offer you
Lowest interest rates

Longer repayment period of upto 84 months.
Low processing charges.
Finance for one-time road tax, registration fee and insurance
premium
No advance EMIs.(Some Banks/companies ask you to pay one or
more EMIs at the time of disbursement of loan, thereby effectively
reducing your loan amount.)
Complete transparency: We levy interest on daily reducing
balance method. When you pay one installment, the interest is
automatically calculated on the reduced balance thereafter. When
you pay interest on an annual reducing balance, as charged by
many other companies/banks, the interest amount for the coming
year is determined on the amount outstanding at the beginning of
the year. You continue to pay interest even on the amounts you
repay during the year.
Always compare the Equated Monthly Installments (EMIs) and the

total payments you would be required to make and not the rates
of interest.
The Scheme
Purpose
You can take finance for
A new car, jeep or Multi Utility Vehicles (MUVs)

An old car / jeep (not more than 5 years old).
(Any make or model)
Eligibility
To avail an SBI Car Loan, you should be
Individual between the age of 21-65 years of age.

A Permanent employee of State/Central Government, Public Sector
Undertaking, Private company or a reputed establishment or
A Professionals or self-employed individual who is an income tax
assesses or
A Person engaged in agriculture and allied activities.
Net Annual Income Rs. 75,000/- and above.
Salient Features
Loan Amount
There is no upper limit for the amount of a car loan. It is limited only by
your repaying capacity. A maximum loan amount of 2.5 times the net
annual income can be sanctioned. If married, your spouse’s income could
also be considered provided the spouse guarantees the loan The loan
amount includes finance for one-time road tax, registration and
insurance!
Documents Required
You would need to submit only the following documents along with the
completed application form if you are an existing SBI account holder:
Bank statement for the last 6 months

Two passport size photographs
Latest salary slip and Form 16, in the case of salaried persons
IT returns for the last two financial years, in the case of self
employed individuals and professionals
If you are not an account holder with SBI you would also need to furnish
documents that establish your identity and give proof of residence.
Margin
New/used vehicles 10-15% when loan is upto Rs.6 lacs

20-30% when loan exceeds Rs.6 lacs
Repayment
You enjoy the longest repayment period in the industry with us.
Repayment period for new vehicles: Maximum of 84 months
Repayment period for old vehicles: Up to 84 months from the date of

original purchase of the vehicle.
Interest
FLOATING RATES : W.E.F. 1ST MAY 2006
B. New Vehicles
Repayment Period All Centers

Upto 3 years (for loans Rs. 7.5 lac & 1.50% below SBAR i.e. 9.25%
above) p.a.
Upto 3 years (for loans below Rs. 7.5 1.25% below SBAR i.e. 9.50%
lac) p.a.
Above 3 yrs up to 5 yrs (for all loans) 1.00% below SBAR i.e. 9.75%
p.a.
0.75% below SBAR i.e. 10.00%
Above 5 yrs up to 7 yrs (for all loans)
p.a.
2. Used Vehicles
Repayment Period All Centers

Upto 3 years 1.25% above SBAR i.e. 12.00% p.a.
Above 3 yrs up to 7 yrs 1.75% above SBAR i.e. 12.50% p.a.
Processing Fee
0.50% of Loan amount, to be paid upfront
Security
As per bank’s extant instructions.
SCHEME FOR LOAN FOR TWO WHEELERS

Existing Interest Revised Interest Rate
Rate Structure w.e.f.
Structure w.e.f. 01.01.2004
01.07.2003
Floating Rate of 11.00% p.a. 11.00% p.a.
Interest
Fixed Rate of 11.25% p.a. 11.25% p.a.
Interest
NOTE: All these interest rates are subject to change, without

notice .
The revised interest rates are applicable only on fresh deposits
and renewal of maturing deposits.
[F] EDUCATION LOAN:
A term loan granted to Indian Nationals for pursuing higher education in

India or abroad where admission has been secured.
Eligible Courses
All courses having employment prospects are eligible.
Graduation courses/ Post graduation courses/ Professional courses

Other courses approved by UGC/Government/AICTE etc.
Expenses considered for loan
Fees payable to college/school/hostel

Examination/Library/Laboratory fees
Purchase of Books/Equipment/Instruments/Uniforms
Caution Deposit/Building Fund/Refundable Deposit
Travel Expenses/Passage money for studies abroad
Purchase of computers considered necessary for completion of
course
Cost of a Two-wheeler upto Rs. 50,000/-
Any other expenses required to complete the course like study tours,
project work etc.
Amount of Loan
For studies in India, maximum Rs. 10 lacs

Studies abroad, maximum Rs. 20 lacs
Interest Rate
For loans upto Rs. 4 lakh 10.50% p.a.
For loans above Rs. 4 lakh 11.50% p.a.
Processing Fees
No processing fee/ upfront charges

Deposit of Rs. 5000/- for education loan for studies abroad which
will be adjusted in the margin money
Repayment Tenure
Repayment will commence one year after completion of course or 6
months after securing a job, whichever is earlier.
Repayment
Place of
Loan Amount Period
Study
in Years
Up to Rs. 7.5 lacs 5-7
In India
Above Rs. 7.5 lacs 5-10
Up to Rs. 15 lacs 5-7
Abroad
Above Rs. 15 lacs 5-10
Security
Studies In
Amount Studies Abroad
India
Upto Rs. 4 lacs No Security No Security
Above Rs. 4 lacs to Rs. 7.50 Third Party
Third Party Guarantee
lacs Guarantee
Tangible
Above Rs. 7.50 lacs to Rs. 10 Tangible Collateral security of
Collateral
lacs(India)/ Rs. 15 suitable value of loan or third
security for full
lacs(Abroad) party guarantee
value of loan
Tangible Collateral security
Rs 15 lacs to Rs. 20 lacs ___
for full value of loan
Margin
For loans up to Rs.4.0 lacs : No Margin

For loans above Rs.4.0 lacs:
o Studies in India: 5%
o Studies Abroad: 15%
Documentation Required
Completed Education Loan Application Form.

Mark sheets of last qualifying examination
Proof of admission scholarship, studentship etc
Schedule of expenses for the specified course
2 passport size photographs
Borrower’s Bank account statement for the last six months
Income tax assessment order, of last 2 years
Brief statement of assets and liabilities, of the Co-borrower
Proof of Income (i.e. Salary slips/ Form 16 etc)
Conditions Apply
EDUCATION LOAN SCHEME

Existing Interest Rate Revised Interest Rate
Structure w.e.f. Structure w.e.f.
01.07.2003 01.01.2004
For loans upto Rs.4 10.75% p.a. 10.50% p.a.
lacs
For loans above Rs.4 11.75% p.a. 11.50% p.a.
lacs

notice .
and renewal of maturing deposits
Education Loan Scheme for students of ISB

Loan amount
Upto 95% of all costs upto a maximum of
Rs.14.50 lac. (Taking into account expenditure of
married students and cost of a laptop, which is
essential for students.)
Margin 5%
Rate of Interest  9% (Floating). EMI*: Rs.1287/-per lac.
 8.5% (Floating), if tangible security
equivalent to 50% of loan amount is
furnished. EMI*: Rs.1260/- per lac.
 Should a tangible collateral security
equivalent to 50% of outstanding loan
amount be furnished midway through
the tenure of the loan, the concession of
50 basis points in the rate of interest shall
become applicable from the month following
the month in which such security is
furnished.
 Only Simple Interest will be charged
during the course and moratorium period.
 The rate of interest will not change during
the complete tenure of the loan.
 Interest is calculated on daily reducing

balance. EMI of 9 years & 9 months
Repayment
Up to 10 years. A 59ocused59iz repayment
schedule taking into account individual repayment
capacity of the student is permissible.
Moratorium Period
Up to 3 months after completion of course.
Co-borrower Yes. The loan will be granted jointly with the
parent/ guardian.
Security  Lien on the original Certificate and Marks
Sheet of the student. The Certificate will
remain in custody of SBI during the
currency of the loan.
 Third party guarantee (TPG), preferably of

earning sibling of the student or a person
known to the Bank i.e., a person who is our
customer or he/she is a reputed person or a
guarantor of one of our borrowers.
Application Loans will be sanctioned and disbursed within
Processing Time three days, after submission of application form,
complete in all respects except where mortgage of
immovable property is to be created.
Processing Fees/ Nil.
Prepayment
ChargesForeclosure
Charges
Takeover of Permissible
Education Loan
from other Banks/
Financial
Institutions for
existing students
and alumni
Contact Branch
Hyderabad University Campus Branch,
Gachibowli, Hyderabad- 500019
Telephone: 040-23011301/289
Documents to be enclosed
i. Mark sheet of last qualifying examination for school and graduate
studies in India.
ii. Copies of letter conferring scholarship, freeship, studentship etc.
iii. Documents evidencing the duration of course and commencement
thereof viz. prospectus or certificate from the competent authority of
the institution.
iv. Proof of admission to the course.
v. Schedule of expenses for the course.
vi. Two copies of passport size photograph of the borrower(s) / guarantor(s).
vii.Statement of Bank account for the last six months of the borrower(s)
viii.Signature identification from bankers of borrower(s) guarantor(s).
ix. A copy of Passport/Voters ID Card/Proof of residence.
For salaried persons

i. Latest salary slip showing all deductions.
ii. Employment details for the last 5 years.
iii. Latest TDS Certificate – Form 16.
iv. Statement of assets and outstanding liabilities.
For Self-Employed/Professionals and Businessmen

 Proof of income.
 Income Tax/Wealth Tax (if applicable) assessment orders not
more than 2 years old.
 Assets and Liabilities.
If Collateral Security is Mortgage of Landed Property

 Original Sale Deed
 Original receipt of payment made for registrar
 Society share certificate
 Non encumbrance or certificate from advocate
 Valuation Report
[G] SCHOLAR LOANS:
If you are enrolled in any of the Elite Medical, best Engineering or top B-
Schools, State Bank of India has a tailor-made loan scheme to offer which
is christened as SBI SCHOLAR LOANS.
List of Institutions are as under:
1 IIT, Kanpur 2 IIT, Delhi

3 IIT, Mumbai 4 IIT, Chennai
5 IIT, Guwahati 6 IIT, Roorkee
7 IIT, Kharagpur 8 BITS, Pilani
9 Anna University, Chennai 10 Delhi College of Engineering, Delhi
11 IISc, Bangalore 12 IIM, Ahmedabad
13 IIM, Bangalore 14 IIM, Kolkata
15 IIM, Lucknow 16 XLRI, Jamshedpur
17 Jamnalal Bajaj, Mumbai 18 FMS, Delhi
19 IIM, Indore 20 IIM, Kohzhikode
21 SP. Jain, Mumbai 22 NITIE, Mumbai
23 MDI, Gurgaon 24 XIM, Bhubaneshwar
25 NMINS, Mumbai 26 IIT-SJSOM, Mumbai
27 AIIMS, Delhi 28 Christian Medical College, Vellore
29 AFMC, Pune 30 JIPMER, Pondicherry
Maulana Azad Medical
31 32 Madras Medical College, Chennai
College, Delhi
Kasturba Medical College, King Edward Medical College,
33 34
Manipal Mumbai
Lady Hardinge Medical Bangalore Medical College,
35 36
College, Delhi Bangalore
Grant Medical College,
37 38 PGIMER, Chandigarh
Mumbai
Tata Institute of Social National Institute of Design,
39 40
Sciences, Mumbai Ahmedabad
41 IT BHU
[H] PROPERTY LOAN:
A dream come true! An ALL PURPOSE LOAN for anything that life throws
up at you!! Do you need funds for a Marriage ceremony, want to take
your family to a well-deserved holiday or for a sudden medical
emergency? You have some property, but would rather not sell it? Then
why not avail of this ALL PURPOSE LOAN from SBI? SBI now makes it
very much possible for you to only keep your property but also have
liquid funds.
Enjoy the SBI Advantage
Complete transparency in operations

Access this loan from our wide network of branches
Interest rates are levied on a monthly/daily reducing balance
method
Lowest processing charges.
Long repayment period of 60 months.
No Hidden costs or administrative charges.
No prepayment penalties. You can have surplus funds at any time
thereby conveniently reducing your loan liability and interest
burden.
Property Loan Scheme

Avail of an All-Purpose loan against mortgage of any of your property. We
offer you these loans at all our Personal Banking Branches and those
branches having Personal Banking Divisions amongst others.
Purpose
This is an all purpose loan, i.e., the loan can be obtained for any purpose
whatsoever.
Eligibility
You are eligible if you are:
A. An individual who is;
a. An Employee or
b. A Professional, self-employed or an income tax assesse or
c. Engaged in agricultural and allied activities.
B. Your Net Monthly Income (salaried) is in excess of

Rs.12,000/- or Net Annual Income (others) is in excess of
Rs.1,50,000/-.
The income of the spouse may be added if he/she is a co-borrower
or a guarantor.
C. Maximum age limit: 60 years.
Salient Features
Loan Amount
Minimum : Rs.1.0 lac
Maximum : Rs.50.0 lacs.The amount is decided by the following

calculation:
24 times the net monthly income of salaried persons (Net of all

deductions including TDS) OR
2 times the net annual income of others (income as per latest IT
return less taxes payable)
Margin
We will finance upto 50% of the market value of your property.
Interest
LOANS AGAINST GOLD ORNAMENTS / IMMOVABLE PROPERTY/UNITS OF UTI
MUTUAL FUND (UTI-II)
Existing Interest Revised Interest

Rate Structure Rate Structure w.e.f.
w.e.f. 01.07.2003 01.01.2004
Upto 1 year
(Demand Loan and 12.00% p.a. 11.75% p.a.
Overdraft)
1 year and below 3 years
(Demand Loan and 12.50% p.a. 12.25% p.a.
Overdraft)
3 years and below 6
years(Overdraft and Term 12.50% p.a. 12.75% p.a.
Loan)

notice .
Repayment
Maximum of 60 equated monthly instalments. You could opt to divert any
surplus funds towards prepayment of the loan without attracting any
penalty.
Security
As per banks extant instructions.
[I] LOAN TO PENSIONERS:
If you are a Central or State Government pensioner drawing your pension

through one of our branches and are not more than 70 years of age, you
can avail of a loan from your branch to meet your personal expenses. We
understand you may have an urgent or unexpected need for funds or a
family obligation to be fulfilled and appreciate your association with us.
You can avail a loan of up to a maximum of 6 months pension, subject to
a ceiling of Rs.40, 000. Easy documentation.
The loan may be repaid over 2 years and will carry a low interest rate of
13.1%.
There are no processing fees, no hidden costs and no prepayment

penalties. Whenever you have some surplus funds, you can credit your
loan account, thereby reducing your loan liability and interest burden.
Salient features of the Scheme:
Eligibility:
All Central and State Government pensioners, whose pension accounts
are maintained by our branches. The pensioner should not be more than
70 years of age.
Purpose :
To meet personal expenses .
Loan Amount :
A maximum of 6 months pension with a ceiling of Rs.40,000/-
Margin :
Nil
Security :
The spouse eligible for family pension should guarantee the loan or any
other family member or a third party worth the loan amount.
Repayment :
24 Equated Monthly Installments (EMIs)
Rate of Interest :
1.85% above SBMTLR present rate being 13.1% p.a.
Authorised Branches :
All branches maintaining pension accounts. The facility is available only
from the branch which is maintaining pension of the applicant.
[J] LOAN AGAINST SHARES \ DEBENTURES:
Do you need urgent cash but you don’t wish to sell or liquidate your
holding of shares?
Leverage your investments in shares, debentures, public sector bonds and

Government securities for loans to meet unforeseen expenses!! You need
not miss out on the next stock market boom!!
Avail of loans up to Rs.20.0 lacs against your shares/debentures to enable

you to meet contingencies, personal needs or even for subscribing to
rights or new issue of shares.
Note: Loan will not be sanctioned for
D. speculative purposes
E. inter-corporate investments or
F. acquiring controlling interest in company/companies.
Enjoy the SBI advantage

Lowest interest rates. Further, we charge interest on a daily reducing balance!!
Lowest processing charges; only 1% of loan amount – compare with
1-3% of others.
No hidden costs or administrative charges..
The Scheme
Existing Interest Rate Structure Revised Interest Rate Structure

w.e.f. 01.12.2003 w.e.f. 01.01.2004
At SBAR 10.50% p.a. At SBAR 10.25% p.a.
Eligibility
This facility is available to our existing individual customers enjoying a
strong relationship with SBI. This loan could be availed either singly or as
a joint account with spouse in ‘Either or Survivor’/ ‘Former or Survivor’
mode. It is offered as an Overdraft or Demand Loan.
The facility is available at 50 select centers.

Salient Features
Purpose
For meeting contingencies and needs of personal nature. Loan will be

permitted for subscribing to rights or new issue of shares / debentures
against the security of existing shares / debentures. Loan will not be
sanctioned for (i) speculative purposes (ii) inter-corporate investments or
(iii) acquiring controlling interest in company / companies.
Loan Amount
You can avail of loans up to Rs 20.0 lacs against your shares/debentures.
Documents Required
You will be required to submit a declaration indicating :
Details of loans availed from other banks/ branches for acquiring

shares/ debentures.
Details of loans availed from other banks/ branches against security
of shares/ debentures
Margin
You will need to provide a margin amount of 50% of the prevailing

market prices of the shares/ non-convertible debentures being offered as
security. (The market prices refer to the the prices in the Stock
Exchanges as reported in the Economic Times.)
Interest
LOANS AGAINST SHARES / DEBENTURES / BONDS
Existing Interest Rate Structure w.e.f.

Revised Interest Rate Structure w.e.f.
01.12.2003 01.01.2004
At SBAR 10.50% p.a. At SBAR 10.25% p.a.

notice .
Repayment Schedule
To be liquidated in maximum period of 30 months through a suitable

reducing DP programme.
In case of a default or if the outstanding is over Rs.20.0 lacs, the
shares/debentures will be transferred in the name of the Bank.
Security:
Other Conditions
Please contact the Branches at Identified Centers
List Of Identified Centers
1 Ahmedabad Baroda Surat Gandhinagar Rajkot

2 Bangalore Mysore
3 Bhopal Indore Jabalpur Raipur Gwalior
4 Bhubaneswar Cuttack Sambalpur
5 Chandigarh Jallandhar Ludhiana Amritsar
6 Chennai Coimbatore Tirupur
7 Guwahati Shillong
8 Hyderabad Visakhapatnam Karimnagar Tirupati
9 Kolkatta Siliguri Asansol (Bardhamon)
10 Lucknow Varanasi Kanpur Allahabad
11 Mumbai Pune Panjim Aurangabad Nagpur
12 New Delhi Jaipur Agra Udaipur
13 Patna Ranchi Bhagalpur
14 Thiruvananthapuram Cochin
Coverage
Scheme is available at select branches at 50 centers.
Essential Parameters for acceptance of shares as security
(i) The equity shares and debentures offered as security should be fully
paid. Preference shares will not be acceptable as security
(ii) The shares/ debentures offered as security must be in demat form.
(iii) The share/ debenture should be of a company listed in BSE 100

Index, except those of SBI (list of BSE 100 Index companies is available
on www.bseindia.com).
(iv) The market price of the security should not have fallen below par for
preceding 52 weeks.
(v) The market price of the security should not be as variance with the
arithmetical average of preceding 52 weeks high and low by more than
25% in downward direction.
(vi) ( P/E ratio of the company should not exceed 40 as published in

Economic Times. In case P/E ratio is not available the shares/ debentures
of the company should not be accepted as security.
(vii) The total number of shares of the company traded on NSE and BSE
should exceed 25000 on the day of financing and on each preceding 2
days.
(viii) Security where the market price 52 week high is 4 times of the 52
week low should not be accepted. (Information related to 52 weeks high
and low, P/E ratio and traded volumes in NSE and BSE is available in
Economic Times).
Rating
Debentures must have been rated ‘AA+’ or higher by CRISIL or equivalent

rating by any other reputed rating agency like ICRA etc.
Repayment
To be liquidated in maximum period of 30 months through a suitable

reducing DP programme.
Declaration
The applicant will have to submit a declaration indicating:·
details of loans availed of by them from other banks/ branches for

acquiring shares/ debentures
details of loans availed from other banks/ branches against security
of shares/ debentures
Transfer of shares
Shares/debentures will be transferred in the name of the Bank when
there is a default and the outstanding is over Rs.20 lacs.
Documentation
Application for overdraft limit against security of shares/ debentures

indicating details of shares (i.e. ISIN of the company whose shares/
debenture are offered as security, number of shares/ debenture
offered as security) along with borrowers DP ID and DP account
number.
Applicant has to submit consent letter agreeing to regularize the
account/ replenish the margin shortfall, on account of adverse
market price variation, immediately on receipt of notice from the
branch. Applicant will also submit consent to the condition that in
the event of his failure to regularize the account immediately, Bank
has the right to get the security transferred in its name and arrange
for its sale, without any further reference to him. The Bank shall
exercise this option without prejudice to its rights to recover the
dues by other means also.
DP Note and DP Delivery letter.
Irrevocable Letter of Undertaking addressed to the Bank signed by
all holders of the shares.
Dividend collection mandate(s).
Either or Survivorship Letter(if applicable).
Security
Pledge of the demat shares/ debentures against which overdraft is

granted.
Nature of loan
Is Overdraft / Demand Loan with the Repayment programme maximum

30 months.
[K] LOAN FOR EARNEST MONEY DEPOSIT:
This product addresses the financial requirements towards Earnest Money

Deposit to book residential plots/ built-up houses/ flats being sold by
Govt. Housing Agencies, Urban Development Authorities like PUDA, HUDA
and Housing Boards.
Scheme highlights
Easy availability of loan with minimum documentation.

Option to repay this loan from the proceeds of Housing Loan availed
from SBI
Interest applied on daily diminishing basis.
No administrative charges or application fee.
Eligibility
Minimum age 21 years as on the date of sanction.

Steady source of income.
Maximum Loan Amount
Rs.100,000.
90% of application money, or
10 times Net Monthly Income of the applicant
whichever is the least, subject to the following:
o One person can be financed only for one application at any point
of time
o In case of applications in more than one name, incomes of all the
applicants may be taken into account
Security
Third party guarantee good for the loan amount.

Tangible security in the form of NSCs/ IVPs/ TDRs/ LIC policy/ SBI
Life policy etc. covering atleast 50% of the loan amount.
Tangible security clause waiver considered in respect of permanent
employees of reputed public/ private sector 72ocused72ized72,
where check-off is available.
Repayment
In case of unsuccessful applicants – on receipt of refund from the
Housing Board/ Urban Development Authority.
In case of successful applicants – lump sum repayment of the loan
out of Housing Loan availed from us for purchase of house allotted
to you or for construction of house on the plot allotted.
No penalty for prepayment.
Rate of Interest
1% above SBAR, present effective rate of interest being 11.25% p.a.
Processing Fee
0.5% of the loan amount (minimum Rs.100/-)
Disbursement
The loan would be disbursed by issuance of draft/ banker’s cheque

favouring the concerned Government Agency.
Documents
Letter of allotment from the concerned Housing Agency, Urban

Development Authority or Housing Board
Photograph
Proof of Identity*
o –Voters’ I-card/ Passport/ Driving License/ PAN Card etc.
Proof of residence*
o –Passport/ Driving License/ PAN Card/ Ration Card
o –Any other satisfactory proof of residence
Proof of Income
*not required if the applicant is maintaining an account with us
[L] FESTIVAL LOANS:
It is the festive season!!! Is the unavailability of ready funds, dampening

the celebrations?
Avail of SBI’s Festival Loan and bring back the cheer and celebrate in
style!!! Hurry, the gifts and the sweets are waiting….
SBI offers you the unique facility of Festival Loans to help you meet any
kind of festival related expenses.
Enjoy the SBI Advantage :
Lowest interest rates, currently 12.75% p.a.(compare with the 21 – 30%

p.a. charged by others for personal loans/credit card companies.)
Lowest processing charges; only Rs.100/- per application – compare with

1-3% of others.
No security required if check off is available….. which means minimal

documentation…. Something that you had always wanted.
No prepayment penalties.
Repayment period of upto 12 months.
Complete Transparency.
The Scheme
Purpose
To meet any kind of festival related expenses.
Eligibility
You are eligible to avail a Festival Loan if you are:
An Employee of Govt., PSUs, profit making public/private limited

companies/ institutions etc with a minimum of 2 years service OR
Self employed person with minimum 3 years standing/experience OR
A person having regular source of income from verifiable channels like

Pensions and interest from TDRs/NSCs/Govt. Securities etc
You have a net monthly income of Rs.3000/- and above.
Your spouse’s income can also be considered in calculating the loan

amount provided he/she guarantees the loan or the loan is taken jointly.
Loan Amount:
Your festival loan limit would be determined by your income and

repayment capacity.
Minimum : Rs.5000/-
Maximum : 4 times your Net Monthly Income, subject to a ceiling of

Rs.100,000/-.
Documents Required
Passport Size Photograph
Proof of official address for self employed individuals and professionals.

This can include shop and establishment certificate/Lease deed/Telephone
Bill.
Latest Salary Slip and Form 16, in the case of salaried persons IT returns
for the last two financial years, in the case of self employed individuals
and professionals
Margin: NIL
Interest:
9.50% p.a.
Repayment
You can repay the loan over a period of 12 months through Equated
Monthly Installments (EMI). Should you wish to deploy your surplus funds
towards prepayment of the loan, feel free to do so without any
prepayment penalty.
Security
Processing Fee
You need to pay only a nominal processing fee of Rs.100 for the loan
application.
[M] MEDI-PLUS SCHEME:
For spreading smiles and cheers on the faces of our customers…, we’ve
launched a new loan scheme keeping specialized medical treatments in
mind – a scheme that we call Medi Plus!
Enjoy the SBI advantage :
Concessions in margin amounts, interest rates and processing

charges!!
reducing balance!!
Lowest processing charges; only 1% of loan amount –(compare
with 1-3% of others.)
Flexible repayment period.
The Scheme
The Specialized Medical Treatments, not only do the cost implications run
into several lakhs of rupees, but more often than not, these liquid funds
also need to be generated at a very short notice, in order to be able to
make prompt hospital bill payments… With this in mind, Medi Plus is
specially designed to make life simpler for you under what could well be
trying circumstances.
You may avail of loans under the Medi Plus Scheme to cover the cost of
treatments such as:
Corneal Implant
Orthodontic Treatment (fixed tooth implant)
Ilazirav Technique of lengthening a limb
Congenital heart surgery
Angioplasty
Heart Valve Replacement Surgery
GIFT (in-vitro technique for child bearing)
Serious Accidents and Multiple Injuries Surgery
Hip and Knee Replacement Surgery
Coronary Artery Bypass/ Graft Surgery
Cochlear Implants (surgical) for the hearing impaired
Onco-Surgery upto Grade I
Reconstructive Nose Surgery with Face Lifting
Penile Implant Surgery
Artificial Limb Prosthesis
Purpose
Loan for individuals to avail specialized expensive medical treatment e.g.

coronary by-pass, Hip and Knee replacement surgery, cochlear
implants(surgical) for the hearing impaired etc.
Eligibility
You qualify to avail of loans under this scheme, if you are:
An employee of the Government/ a reputed PSU/ a profit making

public limited company, and if you have a minimum, 10 years of
service
A self-employed professional
A pensioner, who has taken voluntary retirement and is not yet 60
years old
An agent of Insurance/ KVP/ Mutual Funds etc. with a minimum
annual income of Rs.3 lakh
An employee/ a pensioner with a minimum income of Rs.10,000 per
month or if you are a neither, a minimum income of Rs. 3 lakhs per
annum.
Note : If the person being treated is a minor, the loan may be
granted to a parent.
Loan Amount
The loan amounts range from a minimum of Rs.50,000/- to a maximum

of 12 months NMI (when it concerns salaried individuals and pensioners)
or a 1 year net annual income (when it comes to persons other than
salaried individuals and pensioners), subject, to the following ceilings:
For Employees and Professionals : Rs.2.0 lacs

For Pensioners and Agents : Rs.1.0 lac
Once sanctioned,the loan is disbursed by the issuance of a draft/ banker’s

cheque, favouring the hospital, where the treatment is being undertaken
or where it’s proposed to be undertaken.
Margin
20% of the total cost of treatment.
Security
Repayment Period
You may comfortably repay your loan over a maximum – 60 Equated

Monthly Installments.
Interest
0.75% above SBMTLR i.e.12.00% p.a.
Processing Fee (One time)
0.50% of the loan amount.
Documentation
The Medi Plus Scheme is being offered at:
All computerized SBI branches in identified cities

All SBI branches, in metro/ urban centers, having “P” divisions
All SBI Personal Banking Branches
Processing Fee : 0.50% of the entire loan amount, If the applicant

already maintain a regular Housing Loan Account with us the processing
fee is waived.
List of Diseases
Corneal implant
Orthodontic treatment – fixed tooth implant
Ilazirav technique of lengthening a limb
Angioplasty
Congenital heart surgery
Heart Valve replacement surgery
GIFT – In-vitro technique for child bearing
Serious accidents and multiple injuries surgery
Coronary artery bypass graft surgery
Hip and knee replacement surgery
Cochlear implants (surgical) for the hearing impaired
Onco – surgery upto Grade I
Reconstructive nose surgery with facelifting
Penile implant surgery
Artificial limb prosthesis
Laser assisted hatching
Intra Cylasmic sperms injection
[N] TEACHERS-PLUS SCHEME:
“The mediocre teacher tells. The good teacher explains. The

superior teacher demonstrates. The great teacher inspires.”
~ William Arthur Ward

charges!!
reducing balance!!
1-3% of others.
The Scheme
SBI recognizes the special position sanctioned for teachers in our society
and is proud to introduce Teacher Plus – a special scheme for teachers
placed under State and Central Governments as also under the deemed
universities. Through Teacher Plus, you can avail of concessions in the
rates of interest, processing charges and margin amounts in the following
schemes :
Personal Loan
Car Loan
Festival Loan
Housing Loan
Eligibility
This scheme is open for all teachers placed under State and Central
Governments as also under the deemed universities.
Documents Required
As applicable to Personal loan, Car loan, Festival loan and Housing loan
schemes.
[O] SAINIK-PLUS SCHEME:
“They give their lives so that others might live “
For all those who are ready to lay down their lives for their motherland,
SBI is proud to offer Sainik Plus with special discounts on processing fees,
interest rates and margin amounts on various finance schemes. This is
available for all Non Commissioned Officers (NCOs) and Jawans of Indian
Army.

charges!!
reducing balance!!
1-3% of others.
The Scheme
Through Sainik Plus, you can avail of concessions in the rates of interest,
processing charges and margin amounts in the following schemes :
Personal Loan
Festival Loan
Housing Loan
Eligibility
This scheme is open for all NCOs and Jawans of the Indian Army.
Documents Required
To avail of loans under the Sainik Plus scheme – you will need to submit
the following :
Certificate from the CO confirming your salary and identity.

Photocopy of your identity card along with the loan documents.
Undertaking from the CO to remit your salary every month with
SBI.
In case your unit is subject to frequent movement/transfer, a third
person guarantee either from a person in the same unit or one of
their relatives residing at that place.
[P] TRIBAL-PLUS SCHEME:
The scheme is a special Housing finance scheme for Hill/ Tribal areas of
North East India and areas around Chandigarh, Bhopal, Lucknow, Patna
and Bhubaneswar.

reducing balance!!
1-3% of others.
No security required – which means minimal documentation…
THE SCHEME
The Tribal Plus is a special to provide housing finance for Hill/Tribal areas
without mortgage of land.
Loans will be granted to individuals to:
Purchase or construct a new house or flat.

Purchase an existing house or flat (old) that is not more than 10
years old.
Repair or extend or renovate an existing house or flat.
Eligibility
Individual(s) over 21 years of age (but not more than 60 years)
who are permanent employees of Central or State Government or
Public Sector undertakings (PSU) or reputed private sector units and
have put in a minimum of 5 years service as Class I or Gazetted
Officers or 10 years for other grades.
Check-off facility should be available.
This scheme is open to tribals hailing from the hill states of North
East India and areas around Chandigarh, Bhopal, Lucknow, Patna,
and Bhubaneswar. They can avail this scheme from SBI branches in
these areas.
If they are not currently living in these areas, they can still avail of
the scheme for a housing loan to be used at their native village!
Salient Features
Loan Amount
The maximum loan amount will be calculated on the basis of 24 times the
net monthly income (NMI) of the applicant subject to a maximum of
Rs.5.0 lacs. The income of the spouse can also be considered for this
purpose provided he/she is a permanent employee of Government / PSU /
Private Sector unit and is willing to guarantee the loan.
Documents Required
In addition to the usual documents, under noted documents or papers will

also be obtained:
Affidavit sworn by the applicant that he/she is the owner of the plot of
land.
Post-dated cheques representing monthly installments may also be taken
till the loan is liquidated.
In specific cases, an agreement to mortgage the land may also be

required.
Margin
A minimum margin of 25% is envisaged.
Disbursement
Disbursements will be made in a phased manner in tune with the actual

progress in the construction. However, in case of outright purchase of
house, there could be a one-time disbursement of the loan amount.
Repayment Schedule
The loan is to be repaid over a period of 10 years through Equated

Monthly Installments. The repayment period will include the moratorium
or repayment holiday, at the option of the beneficiary, covering the
construction period or 12 months from disbursement of the first
instalment of the loan, whichever is earlier.
As with all our schemes there is no prepayment penalty whatsoever!
Security : As per bank’s extant instructions.
Processing Fee : 0.25% of the loan amount.
[Q] CREDIT KHAZANA:
The “SBI Credit Khazana” Scheme offers Housing Loan customers,

concessions in interest rates and margins when they subsequently avail of
any of the following loans:
Car Loan, Scoom, Education Loan, Personal Loan, Tractor Loan.
Eligibility
Housing Loan customers who have serviced the loan regularly for at least
one year and where Equitable Mortgage has been created.
Concession in Interest
There will be a concession of 0.25% in interest when any of the above

mentioned loans are availed.
Concession in Margin
There will be a concession of 10% in case of Car Loan and 5% in case of

Tractor Loan. Under the SCOOM Scheme, the margin has been
maintained at 5%.
Security
The security required to be taken under the individual schemes would be

taken and additionally, the Equitable Mortgage taken for the Housing Loan
would be extended to cover the new loan(s).
Insurance
Free accident insurance cover (to cover death only) is available in case of
Car Loan.
Other terms & Conditions:
Other terms & conditions like Amount of Loan, Repayment,

Documentation will be the same as those laid down for the individual
schemes.
[R] RENT PLUS:
Name of scheme
Rent Plus
Nature of facility
Term Loan
Period of repayment
7 years or the residual lease period, whichever is lower.
Eligible customer
Owners of residential buildings and commercial properties in Rural/Semi-

urban/Urban/Metro areas which are to be rented or already rented to
MNCs/ Banks/ Large & medium size corporate.
Purpose
To meet liquidity mis-match of the applicants.
Quantum of finance
Min. Rs. 50,000.00
Max. Rs. 5 crore for properties located at Non-Metro Centers and Rs.
7.50 crores for properties located at Metro Centers. There will be no
differentiation on the basis of constitution of the applicant.
Margin
15%
Repayment
Equated Installment.
Prepayment
1% of the loan amount prepaid.
Rate of Interest
At SBMTLR.
Primary Security
Assignment of receivables and recording of power attorney with the

lessee is a must.
Collateral Security
i) First charge on buildings against the rentals of which the

loan would be sanctioned (value of the property should be
double the amount of loan) or any other acceptable
property of equal value.
ii) Equitable Mortgage of immovable property by deposit of

titdeed.
iii) In case of partnership firm, personal guarantee of the

partners of the building. In case of company personal
guarantee of directors to be obtained.
Insurance
The amount of insurance should cover the value of assets charged to the
Bank.
Applicability
Metro / Urban / Semi-urban/ Rural centers.
Processing charges and cost of valuation
1% of loan amount, subject to a maximum amount of Rs.50000/=, to be

paid upfront as processing charges. The charges for valuation of the
property are to be borne by the applicant.
INTERNET BANKING
www.onlinesbi.com is the Internet banking service of the State Bank of

India. India’s Premier Commercial Bank. Smart products for the smart
customer.
If you’re a customer of our Bank and if your Branch is e-nabled then

you’re on to becoming an e-customer. All you need is Internet
connectivity –Anywhere. And of course you will also need to sign-up for
Registration. Just download the application form and submit it to your
branch* after completing it. You will shortly receive your User-Id and
Password. As soon as you receive them please log on to the
www.onlinesbi.com and change your username and password. That’s all.
Simple, fast and convenient – anytime –anywhere – always open. You can
now check your account balances, view your account, request for cheque
book, drafts, Bankers cheques, stop cheque payment and issue standing
instructions. You can also transfer funds to your other accounts at the
Branch, request for third party transfers, invest and renew Term Deposits.
G. Whether your Branch is e-nabled can be seen on the Branch locator

on www.onlinesbi.com
All this at no cost – It’s free! And most important –the site is
‘VeriSign’ certified – all transactions are secure.
TERMS OF SERVICE
General Information :
 The www.onlinesbi.com registration form(s) should be addressed

and sent directly to the Branches where the applicant(s)
maintain his/her/their account(s).
 Separate registration is required in case the accounts are

maintained at different branches. Separate registration is allowed
for single and joint accounts at the option of the user.
 Normally the account holders can access his accounts through
the www.onlinesbi.com only after he/she acknowledges to the
respective Branch(es) the receipt of the User-Id and Password
sent to him/her.
 Each account holder in a joint account with “Either or Survivor”

type mode of operation may register himself/ herself as a USER
of the www.onlinesbi.com facility.
 All other accounts not listed in the registration form will be
available on the www.onlinesbi.com for the purpose of enquiry
only. The customers may approach Branch for enabling
transaction rights on such accounts any time.
 The www.onlinesbi.com service cannot be claimed as a right. The
Bank may also convert the Service into a discretionary service
anytime, if so warranted, after it has been made available to the
USER.
Bank’s Terms :
1. All requests received from the USERS are logged and
transmitted to the User’s Branch for their fulfillment. The requests
become effective from the time these are recorded/ registered at
the respective branch. While registering the request, the USER is
informed about the time normally taken by the Bank for fulfillment
such requests.
2. The rules and regulations applicable to the banking

transactions done in the traditional way in India will be applicable
mutatis mutandis for the transactions done through the
www.onlinesbi.com service.
3. Disputes between the registered USER of this service and the

Bank with regard to the transactions done through
www.onlinesbi.com will be subject to the jurisdiction of the
competent Courts where the branch maintaining the relative
account of the user is located and will be governed by Indian Laws
in force from time to time.
4. The Bank will take reasonable care to make use of the

available technology for ensuring security and preventing
88ocused88ized access to any of the services offered through the
www.onlinesbi.com.
5. The www.onlinesbi.com service is a ‘VeriSign’ certified secure

site. It assures that during the session user is dealing with web-site
of SBI. The two-way communication is secured with 128-bit SSL
encryption technology, which ensures the confidentiality of the data
during transmission. The access-control methods designed on the
site afford a high level of security to the transactions conducted on
www.onlinesbi.com.
6. It is proposed to implement, in due course, the PKI (Public

Key Infrastructure)/Digital Signature technology for the
www.onlinesbi.com Service.
7. The Bank reserves the right to modify, change, add or cancel

any of the services offered through www.onlinesbi.com or the
Terms of Service listed in this Document without prior notice to the
Users. The changes will be notified to the users / customers through
a notification on the site.
USER’s Obligations :
1. The User-Id and the Password given by the Bank must be

replaced by User Name and Password of the USER if free to choose
at the time of FIRST log-in. This is Mandatory.
2. The registered USER is free to choose a User Name and
Password of his choice as per the guidelines on the site. However,
he/she is advised to avoid choosing a password that is generic in
nature, guessable/inferable from the personal data such as name,
date of birth, address, telephone number, driving licence/car
number etc.
3. The USER is welcome to access www.onlinesbi.com from

anywhere anytime. However, as a matter of precaution and safety,
he should avoid using PCs with public access.
4. There is no way to retrieve the Password from the system. In

case the USER forgets his/her Password, he/she will have to
approach the branch for re-registration.
5. The USER must keep the user name and Password strictly
confidential and known only the himself/herself. It is a good
practice to commit the password to memory rather than write it
down somewhere. Bank will not be responsible for any loss
sustained by the USER due to breach of this condition.
6. The Bank presupposes that log-in using valid user name and
Password is a valid session initiated by none other than the USER to
whom the said user name and Password belongs.
7. All transactions executed through a valid session as defined

above will be construed to have been emanated from the registered
USER and will be legally binding on him/her. The USER is cautioned
against leaving the computer unattended during a valid session.
8. Should the USER notice that any information relating to

his/her account(s) is incorrect or discrepant the same should be
immediately brought to the notice of the Branch(es) by e-mail or
letter.
9. The USER will not attempt or permit others to attempt

accessing www.onlinesbi.com through any unlawful means.
[6]FOREIGN CURRENCY DEPOSIT RATES:
State Bank provides information it’s NRI customers with a

comprehenseive Interest rates tables on various deposit schemes.
NRE
NON-RESIDENT NON-REPATRIABLE RUPEE DEPOSIT (NRNR)

(withdrawn w.e.f. 1st April 2002)
NRE RUPEE DEPOSIT
NRE RUPEE DEPOSIT w.e.f. 1st July 2006

Reinvestment Plan
. (Maturity amount for Rs.
100.00)
PERIOD (%p.a. PERIOD MAT.AMT YIELD
)
1 year to less than 2 years 6.70 12 ms 106.8702 6.8702
2 years to less than 3 years 6.70 24 ms 114.2125 7.1062
3 years to less than 4 years 6.70 36 ms 122.0591 7.3530
4 years to less than 5 6.70

48 ms 130.4448 7.6112
years .
up to 5 years 6.70 60 ms 139.4067 7.8813
RESIDENT FOREIGN CURRENCY
Resident Foreign Currency A/C (RFC) (in US $)

w.e.f 1st July 2006
Period (Months) (% p.a.) Minimum

Deposit in US
($)
1 year and above but less than 2 5.69
1,000
years
2 years and above but less than 3 5.69
1,000
years
3 years only 5.68 1,000
LOANS AGAINST THE SECURITY OF FCNR (B) DEPOSITS ( DL or O.D.)

Existing Revised Interest Rate
Interest Rate Structure w.e.f.
Structure 01.01.2004
To Depositors # 9.25% p.a. 8.00% p.a.
To Third Party in ‘P’ 10.50% p.a. 10.25% p.a.
and all other
Segments
NRE SB
Interest rate for SAVINGS BANK NRE deposits wef18.11.05
Rate (% p.a.)
3.5 %
Interest rate for NRE SB deposit
NRE SB
Interest rate for SAVINGS BANK NRE deposits wef18.11.05
Rate (% p.a.)
3.5 %
Interest rate for NRE SB deposit
FOREIGN CURRENCY NON-RESIDENT DEPOSITS (FCNR)
w.e.f. 1st July2006(% p.a.)
US$ EURO GBP CAN$ AUD

PERIOD
OF THE RAT YIEL RAT YIEL RAT YIEL RAT YIEL RAT YIEL
DEPOSI E D E D E D E D E D
T
1 year
and
5.690 3.520 5.010 4.650 6.200
above 5.69 3.52 5.01 4.65 6.20
0 0 0 0 0
but < 2
years
2 years
& above, 5.937 3.930 5.330 4.900 6.505
5.69 3.82 5.13 4.73 6.21
but < 3 5 8 8 5 3
years
3 years
& above, 6.098 4.139 5.538 5.086 6.794
5.68 3.94 5.19 4.79 6.28
but < 4 9 2 6 1 1
years
4 years
& above, 6.302 4.326 5.710 5.270 7.027
5.70 4.03 5.21 4.84 6.29
but < 5 2 0 6 4 7
years
6.515 4.487 5.865 5.477 7.272
5 years 5.72 4.09 5.21 4.90 6.30
2 7 2 1 3
Reinvestment Plan
(Interest is calculated on 360 days in a year basis. The maturity

amount for a full year will have to be arrived at by adding simple
interest for the residual period at the applicable rate.)
PERIOD US $ EURO GBP CAN$ AUD
MAT.AMT. MAT.AMT. MAT.AMT. MAT.AMT. MAT.AMT.
12 ms 105.6900 103.5200 105.0100 104.6500 106.2000
24 ms 111.8749 107.8617 110.6615 109.8009 113.0105
36 ms 118.2966 112.4177 116.6157 115.2584 120.3823
48 ms 125.2087 117.3039 122.8424 121.0816 128.1107
60 ms 132.5761 122.4383 129.3258 127.3854 136.3617
[7]AGRICULTURAL SEGMENT:
Repayable in 3
Repayable upto
Size of credit limit years
3 years
and above
Upto Rs. 50,000/- 8.5 % 9%
Over Rs. 50,000/- upto Rs.
9.5 % 9.75 %
2 lacs
Over Rs. 2 lacs upto Rs. 5
10.25 % 10.25 %
lacs
Over Rs. 5 lacs upto Rs. 25
11.25 % 11.75 %
lacs
Over Rs. 25 lacs based on 10.75 % to 12.25 11.25 % to
credit risk assessment % 12.75 %
[8]SME SEGMENT:
RICE MILL PLUS
Rat Repayable in 3
Size of Credit limit
e years and above
1.25%
Upto Rs. 50,000 8.5 9.00
below SBAR
Above Rs. 50,000 to Rs. 2 0.25%
9.5 10.00
lakhs below SBAR
Above Rs. 2 lakhs to Rs. 5 10.2 0.50%
10.75
lakhs 5 above SBAR
Above Rs. 5 lakhs to Rs. 11.0 1.50%
11.75
25 lakhs 0 above SBAR
Above Rs. 25 lakhs based - 11.00 to -
on credit assessment 12.75%
SWAROJGAR CREDIT CARD
Interest Rates 8.50%
SBI PARYATAN PLUS
Rat Repayable in 3
Size of Credit limit
e years and above
1.25%
Upto Rs. 50,000 8.5 9.00
below SBAR
Above Rs. 50,000 to Rs. 2 0.25%
9.5 10.00
lakhs below SBAR
10.75
lakhs 5 above SBAR
Above Rs. 5 lakhs to Rs. 11.0 1.50%
11.75
25 lakhs 0 above SBAR
Above Rs. 25 lakhs based 11.00 to
- -
CYBER PLUS RATE
ARTISAN CREDIT CARD
Upto Rs. 50,000 8.50%

Over Rs. 50,000 9.50%
SME CREDIT PLUS
Upto Rs. 50,000 8.50%

Above Rs. 50,000 to Rs. 2 lakhs 9.50%
Above Rs. 2 lakhs to Rs. 5 lakhs 10.25%
Above Rs. 25 lakhs based on credit assessment -
SCHOOL PLUS – FINANCING OF EDUCATIONAL

INSTITUTIONS
Repayable in 3 years
Size of Credit limit Rate
and above
1.00% below
Upto Rs. 2 lakhs 9.25 9.25
SBAR
Above Rs. 2 lakhs to 10.2 0.50% above
10.75
Rs. 5 lakhs 5 SBAR
11.75
Rs. 25 lakhs 0 SBAR
RENT PLUS
GENERAL PURPOSE TERM LOANS
Upto Rs. 50,000 9.00%

Above Rs. 50,000 to Rs. 2 lakhs 10.00%
Above Rs. 25 lakhs based on credit assessment -
SMALL BUSINESS CREDIT CARD
Repayable in 3
years and above
1.25%
Upto Rs. 50,000 8.5 9.00
below SBAR
Above Rs. 50,000 to Rs. 2 0.25%
9.5 10.00
lakhs below SBAR
10.75
lakhs 5 above SBAR
11.75
lakhs 0 above SBAR
- -
AUTO LOAN
For short term loans 10.25%

For other loans -
Floating rate 11.00%
Fixed Rate 11.50%
DENTAL DOCTOR PLUS – SCHEME FOR FINANCING DENTAL

EQUIPMENT
Repayable in 3 years
and above
1.25% below
Upto Rs. 50,000 8.50 9.00
SBAR
Above Rs. 50,000 to 0.25% below
9.00 9.50
Rs. 2 lakhs SBAR
Above Rs. 2 lakhs to 0.50% below
9.25 9.75
Rs. 5 lakhs SBAR
10.75
Rs. 25 lakhs 5 SBAR
AUTO CLEAN
SME PETRO CREDIT CARD
Rat
e
Cash credit & Term ( with monthly rest for a period of 7
7.25
loans years)
Uniform rate of (with interest rates being reset every 2
7.30
interest years)
DAL MILL PLUS
Repayable in 3
years and above
1.25%
Upto Rs. 50,000 9.50 9.00
below SBAR
Above Rs. 50,000 to Rs. 2 0.25%
9.50 10.00
lakhs below SBAR
10.75
lakhs 5 above SBAR
11.75
lakhs 0 above SBAR
- -
SBI DOCTOR PLUS
Rat Repayable in 3 years

Loan amount
e and above
Upto Rs. 50,000 8.50 1.25% below 9.00
SBAR
Above Rs. 50,000 to 0.75% below
9.00 9.50
Rs. 2 lakhs SBAR
Above Rs. 2 lakhs to 0.50% below
9.25 9.75
Rs. 5 lakhs SBAR
10.75
Rs. 25 lakhs 5 SBAR
EICHER MOTOR LIMITED
Loan Category Rate Repayable in 3 years and above Rate

Upto Rs. 6 lakhs 9.00 1.00% below SBAR 9.25
Upto Rs. 8 lakhs 10.00 SBAR 10.25
TRANSPORT PLUS
Corporates Type Description Rate

Rs. 15 lakhs to Rs. 7.5 Cr Term loan 0.75% above SBAR 11.00
Rs. 10 lakhs to Rs. 10 Cr Cash Credit 0.50% above SBAR 10.75
[9] Facts About State Bank of India:

State Bank of India has an extensive administrative structure to
oversee the large network of branches in India and abroad. The Corporate
Centre is in Mumbai and 14 Local Head Offices and 57 Zonal Offices are
located at important cities spread throughout the country. The Corporate
Centre has several other establishments in and outside Mumbai,
designated to cater to various functions. Our Colleges/Institutes/Training
Centers are the seats of learning and research and development to spread
the wings of knowledge not only to our employees but also other
banks/establishments in India and abroad.
The Corporate Accounts Group is a Strategic Business Unit of the Bank set
up exclusively to fulfill the specialized banking needs of top corporates in
the country.
State Bank of India has 52 foreign offices in 34 countries across the

globe.
State Bank of India invites you to take a journey to understand the

potential of not just a large but truly global organization.
1. The only Indian bank to feature in Top 100 banks ranked in

terms Tier 1 capital (Ranked 93rd by The Banker, July 2005).
2. Successfully raised Lower Tier II Bonds of Rs 32.83 billion in

December 2005 and Upper Tier II Bonds of Rs 23.28 billion in
June 2006.
3. US $ 2 billion MTN issue setting benchmarks.
4. State Bank Group awarded two prestigious Technology

Initiatives Awards by “The Banker” – “Most Outstanding Core
Banking Solution of the Year” and the “Most outstanding
Outsourcing Product of the Year- in July 2005”
5. SBI is the first Indian Bank to get BS:7799:02:002
Certification from British Standards Institution (BSI), UK, for
Information Security Management System.
State Bank of India

1. India’s largest Commercial Bank
2. Dominant corporate and retail banking franchise
3. Over 80% of Top Corporates and 50% of Mid-Corporates in

India have strong relationships with SBI
a. _ Largest customer base

b. _ Leading provider of financial services 5
Performance Drivers : Technology Technology

1. All the 13,919 branches of State Bank Group are fully
computerized
2. ATMs – Largest network of 5575 ATMs and largest card base
( 16 million active cards)
3. Internet Banking: At 3482 branches; more than 650,000 users
Core Banking Solution :
1. 8042 Group branches are now on Core Banking Platform

(3300 SBI + 4742 Abs)
2. _All the seven Associate Banks now fully on CBS _Associate
Banks are the only PSBs to be fully networked
3. _49% of SBI’s business on CBS Branches
4. _35.4 million accounts on Core Banking
Performance Drivers : Retail Loans : Key Retail Loans : Key

Driver
1. Retail Loans – 23% of Bank’s total loan book as of March

2006 (as against 15% in 2002)
2. Housing loans – 52% of Retail Loans as of March 2006
3. Gross NPLs around 3%

Performance Drivers :
Agriculture & SME Finance Agriculture & SME Finance
1. Agriculture: Agri lending model changing significantly. SBI is a

pioneer in rural lending
2. Small and Medium Enterprise (SME) and Trade Finance
3. New Products launched
Mid Corporate Group Mid Corporate Group

• MCG created in June 2004 to provide 102ocused attention to the
Mid Corporates
• Network of 28 branches and Off-site MC business in 31 identified
centres.
• MCG customers increased from around 1600 in June 2004 to over
3250 in March 2006
• Credit portfolio of around Rs 650 billion as on March 2006
International Banking Group International Banking Group
• Network of 70 overseas offices in 30 countries in all time zones;
Correspondent relationship with 539 International Banks in 124
countries
• Current acquisitions include three Banks in Mauritius, Kenya and
Indonesia.
• To derive 15% - 20% of the whole bank profit from its
international operations by the year 2008 (from the present 5 %)
HIGHLIGHTS OF FOREIGN BRANCHES HIGHLIGHTS OF

FOREIGN BRANCHES
FY 2005 FY 2006
Operating Profit 60.78 91.27
Net Profit 46.51 69.55
Balance Sheet Size 9114 11960
(USD Mio)
Total Assets of Foreign Branches + Subsidiaries: $ 17 billion
As on Mar 06,
1. Operating Profit (Excl. Profit on sale of Invest & Dividend)
increased by17.83% Y-O-Y
2. Net Profit increased by 2.37% Y-O-Y

3. NPLs Provision Cover 53%.
[10]CUSTOMER CARE :
Customers of the Bank can meet senior executives of the Bank on

15th of every month (between 3.00 p.m. and 5.00 p.m.) without any
prior appointment and discuss issues relating to their
accounts/banking transactions. In case 15 th of month is a holiday,
customer can meet on the next working day.
In case, excessive delay in resolving their problems is experienced, customers can

send e-mail to the following Local Head Office, under whose control the branch
functions.
Helpline/ Grievance Cell

Local Head Office/Head of
Grievances
E-mail Address/
Redressal Machinery
Telephone Nos.
AHMEDABAD E-mail:
(State of Gujarat & Union Territories of helpline.lhoahm@sbi.co.in
Daman and Dadra & Nagar Haveli) Toll free No. 1600-233-
General Manager 7933
State Bank of India, Grievance Cell Tel
Local Head Office, Bhadra, Ahmedabad- no.25510883 & 25506648
380 001 Fax no. (079) 25506648
For assistance in tracking Foreign Inward Remittances for credit

to the accounts of beneficiaries, customers may contact the
“Helpline” established at our Foreign Department. Kolkata through
telephone no.(033) 22886631 / 2288871, fax no. (033) 22889235
e-mail address:swiftenq.fd@sbi.co.in or imax@sbi.fd.com
For help in NRI related operations, a customer may contact
Asstt. General Manager (NRI Services),

State Bank of India,
State Bank Bhawan, 15th floor,
Madame Cama Road,
Mumbai-400 021.
Tel No. 022 / 22820807
E-mail address : dgmnri@sbiid.com.
For help in ATM-cum-Debit card related operations, a customer

may contact Toll-free helpline No. 1800-11-2211 at New Delhi,
Mumbai, Kolkata , Hyderabad, Bangalore, Chennai, Chandigarh,
Lucknow, Bhubaneswar and Bhopal and the nearest card issuing
branch or e-mail at contactcentre@sbi.co.in for other centres.
In case the customer is not satisfied with handling of ATM-cum

Debit card related issues by the concerned Local Head Office or
Helpline centre, he may contact the General Manager (ATM) at
central office in the following address :-
General Manager (ATM),

Ground Floor,B Wing
Sector 11 CBD Belapur
Navi – Mumbai 400614.
Tel No. 27566050 Extn.

E-mail address- gm.atm@sbi.co.in
Fax No. 27566052
For help in credit card related operations, a customer may contact
Manager (Customer Services),

SBI Cards & Payment Services Pvt. Ltd.,
Post Bag No. 28, G.P.O. ,
New Delhi-110 001.
Tel. No. 0124-2348112
Fax No. 0124-2348094
Helpline No. 0124-2345141
For SBI Card Local Healpline Centres, please visit website –

www.sbicard.com
For assistance in Internet Banking , a customer may contact

helpline no. 1600-11-2211 at New Delhi (New Delhi, Mumbai,
Kolkata, Hyderabad, Bangalore, Chennai, Chandigarh, Lucknow,
Bhubaneswar and Bhopal) and e-mail at ibanking@vsnl.net, for
other centres.
In case the customer is not satisfied with handling of Internet

Banking related complaints by Local Head Office / Helpline, he may
contact Dy. General Manager (Internet Banking) at apex office on
the following address :
Dy. General Manager (Internet Banking),

Ground Floor, A Wing
Sector 11 CBD Belapur
Navi – Mumbai – 400614.
Fax No. 022-27566063
In case a customer is not satisfied with the handling of grievance by the

Local Head Office, a communication may be sent (enclosing the message
sent earlier to Local Head Office) to the General Manager (Customer
Service), at the Central office at Customer Service Dept., State Bank of
India, State Bank Bhawan, 8th floor, Madame Cama Road, Mumbai-400
021, Telephone No. 22029456 or 22029451, Fax no. 22885369. e-mail
address – dgm.customer@sbi.co.in
[11] Conclusion :-
State Bank of India
The Bank is actively involved since 1973 in non-profit activity called

Community Services Banking. All branches and administrative offices
throughout the country sponsor and participate in large number of welfare
activities and social causes. Our business is more than banking because
we touch the lives of people anywhere in many ways.
Banks commitment to nation-building is complete & comprehensive.

SBI Loans

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Affiliated with

The Practical training is almost important in understanding

By preparing this report I have understood the need of

My Project Report is with respect to “PERSONAL BANKING &

Date : 3rd July, 2006

This is to acknowledge that I, Ritesh M. Pandya have performed

I would like to thanks Shri Rakesh Sharma, Chief Manager,

Thanks to all who have supported me directly or indirectly in

Banking Regulation Act of India, 1949 defines Banking as

"accepting, for the purpose of lending or investment of

The law governing Banking Activities in India is called

 Accepting Deposits from public/others (Deposits)

 Transferring money from one place to another

Sr. No. Particulars Pg. No.

[h] PROPERTY LOAN 67

[k] LOAN FOR EARNEST MONEY DEPOSIT 75

[l] FESTIVAL LOANS

[m] MEDI-PLUS SCHEME

[n] TEACHERS-PLUS SCHEME

[o] SAINIK-PLUS SCHEME

[p] TRIBAL-PLUS SCHEME

[q] CREDIT KHAZANA

The commercial banking structure in India consists of: Scheduled

The Software Packages for Banking Applications in India had their

The evolution of IT services outsourcing in the Indian banks has presently

For, these entities sustaining long-term customer relationship

[2] Banking Overview:

The major participants of the Indian financial system are the

A Bank Account is the record of financial relationship a customer has

Accepting deposits is one of the two major activities of the

Banks are also called custodians of public money. Basically, the

It is the business of the banker to accept deposits so that he can

Type of deposit accounts (Domestic Customers)

1. Fixed Deposit Accounts

Most of the other products offered by the Banks viz. Recurring

[4] PERSONAL BANKING:

Welcome to SBI’s Retail Banking

State Bank of India offers a wide range of services in the Personal

SBI Term Deposits SBI Loan For Pensioners

Note: All loans at the sole discretion of the Bank.

[A] DEPOSIT SCHEMES:

Whatever your needs – an investment of your surplus funds or to create a

Our products are designed with flexibility to suit your personal

Current Account Savings Plus Account

Experience a whole new world of Personal Banking Branches (PBB) often

[i] CURRENT ACCOUNT:

Easy and Wide Accessibility

[ii] BASIC BANKING “NO FRILLS” ACCOUNT’:

Eligibility: Individuals of 18 years and above earning a gross income of

Mode of operation: Single/ joint

Initial deposit amount: Rs.50/- to open the account

Minimum balance: NIL

Maximum balance/ amount: Rs.10,000/-, being the total value of

Rate of interest: As applicable to Savings Bank accounts, if a minimum

Cheque facility: Not available.

ATM-cum-debit card: Will be issued, at a cost of Rs.50/-. An option to

Internet Banking facility: Not available

Number of accounts: Ordinarily, a customer will not be allowed to open

Nomination facility: Available

Product available at: All CBS branches, except Personal Banking

[iii]SAVINGS BANK ACCOUNT:

Monitoring Your Account

Value Added Features

Value Added Features