280 Products of SBI and SBI Life (March 31, 2015) by Ghanshyam Srivastava, AGM

280 PRODUCTS OF SBI AND SBI LIFE As on 31st March 2015 / By Ghanshyam Prasad Srivastva, AGM, CPPC, Patna
PER SEGMENT ADVANCES PRODUCTS
Name of Products
HOUSING LOAN PRODUCTS
1. Housing loan
2. Credit Khazana
3. SBI- Shoppe Plus
4. HL for Earnest Money
5. HL for NRI
6. Gram Niwas
7. Sahyog Niwas
8. Spl Rural Housing Sch
9. Credit-cum-Subsidy Scheme for Rural Housing
10. Tribal Plus
11. SBI-FLEXI Housing Loan
12. SBI-REALTY
13. SBI MAXGAIN
14. SBI FREEDOM
15. SBI OPTIMA
16. SBI Happy-Home Loan 17. SBI Lifestyle Loan
18. SBI Special Home Loan 19.SBI Hi-Five Home Loan
20. SBI Ezee Home L 21. SBI Advantage Home Loan
22. Interest Subsidy Sch (ISHUP) 23. Yuva Home Loan
24. SBI Home Plus 25. Home Equity 26. Grih Santosh
AUTO LOAN PRODUCTS
27. CarLoan 28. Car Loan OD 29.NRI Car Loan
30. Scoom 31. SBI Advantage Car Loan
32. SBI Ezee Car Loan 33. Two-wheeler new clerks
34. SBI Nano Car loan
35. SBI Superbike Loan
PERSONAL LOAN PRODUCTS
36. Per Loan on mortgage of Immovable property
37. SBI Loans to Pensioners 38 Jai Jawan Pension
39. Per Loan to Affluent Pensioner 40. New Pension L
41. Personal Loan
42. SBI SARAL
43. Personal Loan Xpress Credit 44. Festival Loan
45. SBI EASY TRAVEL LOAN 46. APTECH courses
47. SBI Education Plus
48 SBI HOME-LINE Special Personal Loan
49. SBI-Home Plus
50. Mahila Shakti Scheme
51. SBI Career Loan 52. SBI Reverse Mortgage Loan
EDUCATIONAL LOAN PRODUCTS
53. Education Loan Scheme / SBI STUDENT LOAN
54. SBI SCHOLAR EDUCATION LOAN
55. Nursing Plus (merged into Student/Education Loan)
56. Student Loan Scheme (GSS)
57. RBI Education Loan Scheme
58. Gold Loan
59. Adv ag Shares & Debentures
60. Equity Plus
61. Loans for Subscription to IPOs
62. Advance against Magnums
63. Units of UTI
64. Advance ag TD 65. Loan ag NRE/ FCNB Deposits
66. Loan- NSC/ KVP/ IVP 67. LIC 68. Pravasi Plus
69. Advances against RBI Relief Bonds
70. Advances against open ended Sch of Mutual Fund
71. Medi-Plus Scheme
72. Rent Plus
73. Plus Schemes
74. SBI VISHESH
75. Bhagya Rekha Loan
76. Rupee Loan against Gold Deposits
77. Scheme for Vocational Education & Trg
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AGRICULTURAL & SME ADVANCES PRODUCTS

AGRICULTURAL PRODUCTS
1. Kisan Credit Card 2. Kisan Gold Card
11
3. General Credit Card
11
4. TRACTOR LOAN PLUS SCHEME
11
5. Krishi Plus Scheme
11
6. Financing 2nd Hand/ Used Tractors
12
7. Financing Power Tillers
12
8. Financing Seed Processors
12
9. CONTRACT FARMING
12
10. Agl Advance against gold & silver ornaments
12
11. Produce Market Loan
12
12. AGRI-CLINIC OR AGRI BUSINESS CENTRE
12
13. Capital Investment Subsidy Sch for Rural Godown
13
14. Land Purchase Sch for Small & Marginal farmers
13
15. Finance for Cold Storage
13
16. Financing Private Cold Storage/ Pvt Warehouse
13
17. M S T P (Million Shallow Tube well Programme)
13
18. O F W M (On Farm Water Management)
14
19. Artisan Credit Card 20. S G S Y 21. S J S R Y
14
22. SHG 23.SHG Credit & Gold Card 24.SBI Micro Loan 14,32
25. Financing Joint Libility Gr (JLG) of Tenant Farmers
15
26. ARTHIAS PLUS (Indirect Agl Finance)
15
27. DAIRY PLUS
28. DAIRY SOCIETY PLUS
15
29. Broiler Plus 30. Commodity Warehouse Receipt Fin
15
31. Krishi Kalyan
32. Financing Organic farming
31
33. Sanjeevani Tractor Upgradation 34. Surya Kiran
31,28
35 NEW TRACTOR LOAN SCHEME (NTLS)
27
36 REVISED KISAN CREDIT CARD SCHEME
28
TRADE & INDUSTRIAL (SIB /C&I/ SME PRODUCTS)
37. CYBER PLUS
15
38. DOCTOR (+) PLUS SCHEME
16
39. SBI-Siemens Medical Equipment Plus
16
40 SSI Swarojgar Credit Card (SCC)
16
41. SME Credit Card or Small Business Credit Card
16
42. SME Credit Plus Scheme
16
43. SME Smart Score System
16
44. Stree Shakti Package (SME Business)
17
45. Corporate Loan (C&II and SSI)
17
46. Flexi Loan General Purpose Term Loan
17
47.. General Purpose Term Loan - SSI
17
48.. Standby Line of Credit (SLC-WC) C&I and SSI
17
49. Standby Line of Credit (SLC-TL) C&I and SSI
17
50. Standby Loan to Corporate for New Vehicles
17
51. Short Term Loan Products for C & I Borowers
17
52. Traders Easy Loan (Mortgage Loan renamed)
18
53. Working Capital Finance for Trade & Service(C&I)
18
54. Working Capital Finance for Private Builders(C&I)
18
55. FINANCING TO PRIVATE BUILDERS
18
56 CHANNEL FINANCING Trade Finance
18
57. Auto Clean Sch
58. Margin Money Sch for KVIC
18
59. P M R Y 60. D I R 61. CGFT 62. Equity Fund

19
63. Entrepreneur Scheme
64. Liberalized Sch
19
65. SBI Shoppe Fin of shops
19
66. Paryatan Plus 67. Transport Plus C&I
19
68. Loan Light / Med Com Swaraj Mazda Vehcle -SBF
20
69. Financing Com Vehicle Tie up Ashok Leyland
20
70. RICE MILL PLUS (SSI) 71. DAL MILL PLUS (SSI)
20
72. Gold Banking Sch 73. SBI Exporter Gold Card
20
74. SCHOOL PLUS
75. Pre-ship/ Express VDS
20,21
76. CAR LOAN TO SME UNIT 77. Petro-Credit
21
78. Open Term Loan Mfg 79. OTL Service Sec
21
80. RESTAURANTS 81. Foreign Currency Den Loan
21
82.SME Help 83.SME Care84.SME Collaterl free Loan
34,30
85. SBI SMILE 86. Fin JCB Machine 87. PMEGP
30,34
88. SBI Krishak Uthan Yojna 89. Financing MFI/NGO
35
90. Construction Equip Loan 91. Carbon Credit Plus
35
92. Weaver credit Card Scheme
28
93. SME Easy Loan 94. SBI Asset Backed Loan
27
95. SBI Fleet Finance 96. SBI Asset Backed Loan-CRE
27
97. SME Advance to Business Correspondents
36
DEPOSITS (LIABILITY) PRODUCTS
1. Multi Option Deposit (MOD)
2. Saving Plus
23
3. Premium Saving A/c 4. Super Saver TD Sch
23
5. Corporate Liquid Term Deposit (CLTD)
23
6. Liquid Term Deposit Sch 7. Kisan Mitra Jama Yoj
23
8. Long Term Floating Rate Deposit
23
9. Senior Citizen Deposit Scheme
23
10. Kanakdhara Deposit Scheme 11. Capgain Plus
24
12. Core Power 13. Multi City Cheques
24
14.Corporate Salary Package 15. Defence Salary Pack
24,33
16. Police 17. Railway 18. Sate Govt Salary Package
28, 29
19. Spl Package to Insurance Agent 20.ParamilitarySP
29, 30
21. SBI SME POWERGAIN/ P PAC 22. Power Jyoti
24,25
23. SBI Shakti CA 24. SBI SAHAJ 25. SME Power
33,29
26. No-Frill A/c 27. SBI TINY 28. SBI - SURABHI
25
29. SBI Tax Savings Scheme 2006. 30. Yuva SB A/c
25,30
31. SBI Flexi Deposit 32 Annuity Deposit Sch
31
33. SBI Tiny SB-OD A/c 34. SBI Tiny R D A/c
32
35. Floating Rate TD 36. TD for 555 & 1000 days
29, 25
37. TD for Girl Child 38. Pahla Kadam 39. Pahli Udan
29,36
DEPOSIT PRODUCTS FOR NRI (International Bkg)
1. Non-Resident External Rupee ( N R E) Account
26
2. Foreign Currency Non-Resident ( F C N R) Account
26
3. Non-Resident Ordinary ( N R O ) Account
26
4. Resident Foreign Currency ( R F C ) Account
26
5. Resident Foreign Currency (Domestic) (RFC-D) A/c
26
6. Exchange Earners Foreign Currency (EEFC) A/c
26
7. DOLLAR PREMIUM ACCOUNT
26
8. SBI SUPREME 9. SBI FX TRADE
26,30
10. RELAX & GAIN STRUCTURED PRODUCTS
26
(For Internal Circulation on

only)
PLASTIC CARD PRODUCTS OF SBI
1. State Bank Classic Debit Card
2.. State Bank Silver International Card
3. State Bank Cash Plus Card (ATM-cum-Debit Card)
4. SBI Gold Debit Card 5. Visa Gold Intl Debit Card
6. SBI Platinum Intl Debit Card 7. Combo Card
8. SBI Vishwa Yatra Foreign Travel Card
9. SBI Pay Roll Card
10. SBI Gift Card
11. SBI Credit Card
12. SBI Tiny Card
13. Tiny Card for SHG
14. YUVA Card
15. State Bank Virtual Card
16. State bank pride 17.State Bank Premium
18. State Bank Smart Pay Out Card
INSURANCE PRODUCTS OF SBI Life
1. SBI Life Retire Smart 2. SBI Life Saral Pension
3. Smart Shield
4. Saral Shield
5. Flexi Smart Insurance
6. Shubh Nivesh
7. Saral Life
8. Smart Performer
9. Saral Maha Anand
10. Smart Scholar
11. Smart Wealth Assure
12. Unit Plus Super
13. Smart Elite
14. Rinn Raksha
15. Hospital Cash
16. SUPER SURAKSHA For All a/c holders
17. Home Loan Insurance 18. Car Loan Insurance
19. Tractor Loan Insurance 20. SHAKTI - SHG
21. Life Long Pensions KCC 22. SWADHAN
23. SUDARSHAN Saving-cum-Insurance plan
24. Smart Wealth Builder
25. Flexi Smart Plus
26. Saral Swadhan
27. Smart Money Back Gold
28. Life Long Pension Retirement Plan
29. Money Back Plan
30. SCHOLAR II To secure childs future
31. SHIELD - Term Insurance
32. KEYMAN Protect Key Personnel of Co.
33. EDUSHIELD For Education Loan Borrower
34. SWADHAN Life cover with refund of premium
35. SETUBANDHAN Life Cover for NRI & Depend
36. HORIZON II Unit linked with life cover
37. UNIT PLUS II
38. DHAN VRIDHI
39. Smart Income Protect
36
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30,37
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NEW PRODUCTS OF SBI
27-35
CHECK OFF FACILITY

PROCESSING, UPFRONT, PROJECT APPRAISAL FEE
INTEREST RATES ON ADVANCES
EMI CHART A READY RECKONER
DELEGATION OF FINANCIAL POWERS
10
21-22
46
47
48-49
2
57. Auto Clean Sch
Sl. Name of the Scheme
No.
Eligibility
Rationale/ Objective/ Purpose
18
10. RELAX & GAIN STRUCTURED PRODUCTS
P SEGMENT ADVANCES SCHEMES AT A GLANCE

Amount of Loan
Margin
Repayment /Interest
(See Page: Latest Interest Rate)
For purchase of land/ repairs, etc.,
max loan is Rs.10 lacs. Age criteria
since withdrawn. Amount of loan now
decided on EMI/ NMI RATIO
NAI Upto 1.2lac-20%,1.2lac3lac-30%,3-6lac-50%,6-10lac60%,>10lc-70%For Teacher Plus :
Loans for 45 yrs & below 72
NMIs & for above 45 yrs 60
NMIs. Reimburse investment from
own sources for cons/ pur/ repair
during last 12 m at 25% margin &
lower value of investment or market
price (e-Cir 591 dt 03.02.07)
26
Security
Other Features & Ref Circulars.
Max 30yrs or upto the age of 70yrs whichever is

Take-over Norms (e-Cir 640/
For loans above Rs 5 crores, prior administra-tive
earlier.
22.1.09)
Clearance is required. (NBJ/PBU/HL/3/ 2007-08 dated
Over 45 years of age: Max. of 15 years. (In case of 1. Borrower should satisfy the eligibil- 20.04.07) Fixed int. rates offered only upto 1 cr. Under
joint borrowing, for 25 yrs loan, NMI of Borrower of ity criteria for availing HL.
Tailor Made Housing loan, customer can fix up his
35 yrs should constitute atleast 75% of the joint NMI) 2. Home/ Flat under construction also repayment schedule to suit his repayment capacity..
Interest Rate - (Force maejure clause Bank may allowed if no undue delay in compleExisting borrower can switch over to floating interest
rate on payment of 1% fee on the outstanding.
alter int rate suitably or prospectively in event of any tion
int volatility - applied) Addl benefits Free ATM 3. Regular servicing of installment &/or No pre-closure penalty if closed from verifiable own
interest of existing loan, if due.
source, otherwise 2% penalty if closed within 3 yrs.
Home Loan to Businessmen card, Credit Card & Free Personal Accident
Insurance cover New India Ins Co. pay Out4. Borrower possesses valid Title Doc. .SBI Green HL (e-Cir 726/7.3.9) Rebate - 5% in Margin
-At all RACPC Centres.
Permissible quantum of Finance for & 0.25% in Interest, Proc fee: NIL
- Making profit in last 3 years. standing + Int till date of death of borrowers (ProTake over: Outstanding with other
Reference Master Cir 885 dated 24.01.11.
-Income: Latest IT Return
rata in jt a/cs) To be insured in joint names of
Bank + prepayment penalty or present MORATORIUM(REF-CIR211 DT. 08.06.2013)
Depreciation or 5% of sales. Bank & borrower for full market value.
- 18 months
- Min Loan: Rs 25 lacs.
Repayment:Maximum loan tenor for new floating Market value () prescribed margin, upto 7 floors
Margin: 30%, ROI: Card Rate int. rate of home loan at origination upto 30 yrs in whichever is lower (This relaxation is above 7 & upto 14 floors - 24 months
valid on or before 30.04.2009 e-Cir above 14 & upto 21 floors 30 months
- TL, Maxgain (OD) not
place of current 25yrs.(e-circular-576/11-12)
727/ 07.03.2009)
above 21 floors
-36 months
allowed
Mega/Integrated Township 48months
(Ref e-Cir 71 dt 07.07.08)
Processing fee in Home Loan A/cs : upto 25 lacs- 0.25% of loan amount ; min Rs 1000 : from 25 75 lacs-Rs 6500 : above 75 lacs-Rs 10,000. Risk weithage: Upto Rs 30 lacs 50%, 30 lacs- 75 lacs 75%, Rs. 75 lacs & above 125% irrespective of LTV Ratio.
**** As per the extant instructions, six undated and duly signed cheques, five cheques for EMIs and one cheque for full amount should be obtained from borrowers in cases where mandates for ECS/S.I. is received for repayment of a Home Loan. Sec 25 of the Payment and Settlement System Act,
2007 provides punishment for dishonor of EFT on account of insufficient funds, etc. The provisions of Sec 25 of the said Act are similar to Sec 138, 139, 140 & 146 of the NI Act. It has now been decided to withdraw the instruction for obtaining undated and pre-signed cheques where mandate for
repayment of home loan through ECS/S.I. is obtained. (Circular No. : NBG/PBU/HL-HOMELOANS/63/2011 12 dated 07.03.2012)
Marketing Tips: 1. Lower Int & Processing Charges 2. Int calculated on daily reducing bal. 3. FREE Application form, SBI Classic/ Intl Credit Card and Internet Banking. 4. Flexible Repayment Options. 5. Gr Life insurance at concession. 6. Free Per Accident Insurance Policy 7. Reward for timely repayment of
loans 8. Avail Cr Khazana, Flexi & Realty, Optima, Maxgain & SBI Vishesh facility. 9. Takeover without any interim security. 10. Incentives under IT Act. 11. Preferences under Teacher Plus. 12. Tailor made HL with customized repayment.
Staff Housing Loan: Loan: Max 90% of Project or Rs. 30 lacs (Sub-staff), Rs. 45 lacs (Clerk), Rs. 60 lacs (Officers). Interest: 6.5% Simple. Margin: 10%. Repayment: 360 EMIs (P: Int ), moratorium 24 months from 1st instalment or 6 months after completion, whichever is earlier. (e-Cir 638 dt05.02.08).
Individuals incl joint owners who have
Under the package one or more loans Scoom 5% (if check off),
Repayment as per individual schemes
Security As applicable, EM of HL will All other terms & cond as per Ind. Schemes
2 SBI CREDIT KHAJANA
-It takes care of entire loan needs of finan
-Availed Housing loan with E.M.
as eligible under individual schemes Tractor & Car 10 %,
extended for addl loans
Benefits to Bank/ Branches cially disciplined customer as a package
-Satisfactorily serviced TL for 1 year after Car Loan, Scoom, Education Loan
Education & Personal as
ROI Concession of 0.25% for all loans other than Insurance of asset, Life from SBI Life, -An excellent opportunity for cross selling
-Hassle free additional loan on concessional moratorium
(for one dependant), Personal Loan,
per individual sch
housing loan under this package
Free accident cover as per individual -help in retention of existing customes
rate of interest and margin.
-With margin 15%(house) / 30% (Land)
-reduce transaction cost of acquiring new Cus
Tractor Loan, Any other Plus scheme.
scheme.
First TL for construction of residential house. Second TL for purchase of Furniture, Computers, Books, Equipment for Doctor(s) etc (Under SBI Shoppe). Document separate for both purposes.
3 SBI SHOPPE PLUS (P Segment)
All instructions regarding eligibility, amt of loan, ROI, margin, documentation etc as applicable to Public Housing Loan Scheme. Security : Extension of charge on building.
1 HOUSING LOAN (Mst Cir 885/24.1.11)
(Loans upto Rs. 20 lacs exc Staff HL,

Repairing Rs 2 lac in R/SU and Rs 5lacs
in Urban areas come under Priority
Sector Advance).Forconstruction 25
lacs in Urban & 15 in R/SU
Bulk Business: more than 25 applicants
with check off.
Pre-EMI Interest to be addressed suitably
so that actual outstanding will always
remain within limit, for this Addl HL may be
granted obtaining suitable security doc (eCir 567 dated 10.03.06).
Under Platinum Age Limit (PAL) Sch Max
Age 75 yrs for repayment. (e-Cir 89 dt
14.05.08)
Individuals 18 (e-Cir 549 dt 02.03.06) to

70 yrs of age with steady income, including Agriculturists. 2 loans can be given to
an individual if he has the capacity to
repay.(e-Cir 83 dt 26.05.06)
Max eligible expected rent accrual as
part of income subject to NMI of Coborrower -Good Borrower can avail
credit facility u/ CREDIT KHAZANA.
For Furnishing, 10% of Project cost
max Rs 6lacs (where TPG or Check off
available) - Old House < 15 years.
Add back depreciation to compute NAI, if
loan for assets avg dep of last 3 FYs,
same DSCR (e-Cir 591/ 3.2.07)
58. Margin Money Sch for KVIC
Margin HL under Cons Upto `75lacs: 20%, >` Rs75

lacs: 25 %. Ready for possession-15%.
LTV-Loan to Value Ratio
75 to 90 %
Ref e cir 54 dt 15.04.2014
(since withdrawan)
4 Loan for EARNEST MONEY for allotment Over 21 yrs with steady source of income Loan amount atleast of 100% of
Margin 0%
3rd PG (waived if 110% tangibles)
Disbursement directly to Govt Housing Agency
Security waived for permanent employee of reputed
application amount or 12 times of NMI ROI 5.25% above base rate Repayment Direct refund to the loan a/c in rejec- Otherwise, Tangible collateral at least PSU/ govt with check off
or Rs. 10 lacs..
on tne date of sanction.
tion. Adjustment against regular HL for successful 50% of loan.
Processing fee-0.5% of loan ones or lumpsum repayment in not more than 12
amt.;min Rs 100
months. (Demand Loan)
Processing Fee: 0.5 % of the loan amount.
NRIs over 18 yrs of age with valid Indian Minimum: Rs.3 lacs, Maximum: As in Regular Home Loan. If loan Repayment < 35 yrs 25 yrs, 35-45 yrs: 20 yrs, >45 As in Housing Loan
5 HOUSING LOAN FOR NRI
yrs: 15 yrs (Subject to liquidation of loan by 60 yrs or Comprehensive insurance for the full Interest as to Housing Finance to residents.
(Max eligible expected rent accrual in joint
passport or PIOs with a foreign passport,& is for purchase of land or for repairs, etc., max. Loan is Rs.10
lacs. Max. Amt for consumer durables: 10% of Project cost or Rs retirement). Moratorium 18 m/ 2 m after completion value in joint names of Bank and
-2% penalty on the amt prepaid in excess of normal EMI
applicant 36 expected monthly rental if > 45 employed abroad for at least 2 yrs and
holding a valid job contract/ work permit* 3 lacs.
which is early.Repayment by abroad fund/ NRE a/cs Borrower.
to be levied on pre-closure of HL before expiry of half of
yrs, 48EMR if <45 yrs of age e-cir 94/
6.6.6 & 241 / dt 17.07.09.
Margin - Same as in Housing Loan except purchase of land 15%.
in India/ or by a/c of relatives. PDC obtained.
Take Over from other banks allowed. original tenure
* Module DGM may allow deviation, if a. NRIs, with total work experience of 2 yrs in India or Abroad, who have taken up jobs abroad for better prospects or b. NRI with min job contracts of 2 yrs abroad & completing 6 months of employment (e-Cir 422 dt 13.10.08) ** For Gurantor NMI $ 2000/ Rs 24000.
5 times of Avg Annual Income from all 10 % of the Project cost < Rs Facility: TL/ OD with ATM-cum-Debit Card
-All Rural/ SU Areas population <50000
Primary EM/ RM or 100% tangibles -Processing fee waived, Empanelled Lawyers fee max
6 GRAM NIWAS
sources incl spouse income. Max 5 50000, 15% for >50000 5
-All Individuals with satisfactory Deposit/
Repayment- Max 15 years (Moratorium max 18 m of incl. agl land.( < 0.50 lac 3rd P G
Rs 500 from Borrower
EMI/ NMI Ratio 25% for Avg of last 2 yrs
lacs for cons/pur.,2 lacs (repair), 1
lacs, 20% for > Rs 5 lacs.
first Instatment or 2 months of completion of house). instead of Mortgage)
-Permit for construction by local auth to be submitted with
Income Upto Rs 40000, 45% for >40000- 2 Advance a/c with us.
Assesment of loan < 0.50
ROI- 0.10% below card rate. Gr Insurance from
Collateral-SARFAESI Act prevent, but approved plan
lacs, 55% for >2 lacs- 5 lacs, 60% for > Rs -Age 18 to 50 yrs (>50, when guarantee by lacs (land)- e-Cir 484 dt 7.11.7.
all legal heirs)
NABARD Model Sch Toilet-cumlac- simple estimate, > 0.5 lac SBI Life, Per Accident Insurance cover at Banks take where available.
-Classified under Priority Sect Advance.
5 lacs. (e-Cir 484 dt 7.11.07)
Bath room in Rs 8600 (e-Cir 223/
as per specifications
cost.
- e-Cir 484 dated 07.11.07
of a house/ plot (sold by govt Housing
agencies)
(no min. income criterion)
Deposit, Advances & Card Products of SBI and Insurance

Insurance Products of SBI Life Compiled by Ghanshyam Prasad Srivastava, AGM, CPPC, Patna
3
-do-SHG with good track record for 2 yrs
7 SAHYOG NIWAS (P S Advance)

To finance Self Help Groups/ members for
housing in rural & Semi Urban areas
8 SPECIAL RURAL HOUSING SCHEME
(covers rural areas & towns where population does not exceed 50000)
9 CREDIT CUM SUBSIDY SCHEME OF GOI
FOR RURAL HOUSING [New home
10 SBI-TRIBAL PLUS Home Loan

(Product Code: 5015)

11 SBI-FLEXI HOUSING LOANS
-In wake of intense market competition &

with view to meeting emerging market
demand -To build in value added & Customer friendly features to our H loans
-To increase our H L product profile.
12 SBI REALTY To tap effectively the
market potential for HLs for purchase of

land for housing construction - more
appealing & customer friendly approach.
Sch withdrawn (Master e-Cir 885/24.1.11)
13 SBI MAXGAIN H L as overdraft
Focus on HNI, Mass Affluent Segment,
Highly paid Professionals & Executives.
14 SBI-FREEDOM Home Loans

Rationales: To extend value added
option to meet the latent needs of the
niche customer group comprising HNIs,
Affluent, NRIs, Highly paid executives,
leading professionals etc.
15 SBI-OPTIMA Additional Home Loan

Purpose: To meet expenses towards
major repair, renovation & addition to
their house/flat as also for purchase of
furniture, fixture, consumer durable etc
16
SBI Home Plus

Discontinued since the features of this
product has been incorporated in the
Home Equity scheme.( NBG/PBU/HLHOMELOANS/4/2012 13)
02.08.06)
10 times of saving corpus subject to
max. 50000 per member for new
house, 25000 for land/ repair /renov.
-do-
-do-
-Processing fee waived; legal fee max Rs. 200/- for

scrutiny etc.
Any individual to construct new house or

Max: Rs.10 lacs for house; Rs.1 lac 20%-<20000 ,25%->20000 to Max: 15 years
As above
a) NHB formulated the scheme & gives refinance upto
for repairs or addl. Construction in rural
for repairs.
50000, 30% - >50000 & upto
Rs.10 lacs
area.
Rs.1 lac, 35% - > Rs.1 lac.
b) Loan is not for buying old/existing house.
For those below Poverty Line/ Annual
Max: Rs.40,000
Loan arrived at after reducing 5 to 8 years depending upon repayment capacity
As above
Rural areas 20 kms away from metro/large towns and 5
income 32000 who are non-defaulters.
Ceiling of Subsidy: Rs.10000
subsidy from project cost.
Interest: SBAR at half yearly rests.
kmsfrom small/medium towns.
Purpose: In many Tribal/ Hilly areas granting of HL rendered difficult due to No cadastral survey, No land Patta, legal transfer from a tribal to non-tribal not possible and ownership of the land lies with the community chief of the village, this scheme obviate the
problems. Eligibility: 1. Individual with age 21 to 60 years 2. Permanent employee of Central/ State Govt/ PSUs/ reputed Pvt Sctors with min 5 yrs service, subject to availability of check off or Professionals/ Self-employed/ businessmen/ Agriculturists with 5 yrs
experience and having satisfactory deposit a/c with avg balance Rs 5000 or Standard loan a/c both for last 2 yrs. Loan Amount : 36 NMIs for Employed, 2 NAIs for Professionals, Self-employed, businessmen and agriculturists, subject to max Rs 10 lacs. Margin:
15% (Construction/ purchase of new/ existing house/flat), 20% (Repairs/ renovation/ addition) Type of Loan: Term Loan. Security: Third Party Guarantee of other employee or Group Guarantee, Lien on PF (may be waived by DGM if check off), a life insurance policy
for a sum equal to the loan amount which should be assigned by the Bank, liquids (Salaried 30%, others 50%) in form of TDs, Life Policies, NSCs, KVPs, shares, Govt Promissory Notes, Other FDs, Gold ornaments. (Liquids may be waived provided Borrower/ Guarantor offers of equitable mortgage of immovable at other centre equal the value of loan). Disbursement: In phased manner (construction of house)/ one-time (out right purchase). Repayment: EMIs not to exceed 15 years or remaining yrs of service (Salaried) or 65 yrs
of age (others) Interest rate, Pre-payment penalty & Penal interest, Free personal accident cover, optional Gr insurance and Processing Fee as in HL Scheme. Inspection: Half yearly (SA), Monthly (NPA). Comprehensive Insurance in name of Borrower & Bank for
the market value of the property. (Ref e-Circular 467/ 2005-06 dated 25 Jan 2006)
Eligibility & Amount of Loan
Margin
Repayment /Interest (Floating)
Security
Other Features & Ref Circulars
-All HL borrowers who avail loans of Rs. 5 lacs and above 3 options
% of Loan on Floating Interest % of Loan on Fixed Interest Rate
I
50
50
II
60
40
III
75
25
-2% penalty on the amt prepaid in excess of normal EMI

Eligibility, Margin, Interest, Disbursement- Irrevocable letter of undertaking to Documentation 1. Arrangement
Repayment tenure,
be obtained from the borrower regarding the options. Letter
to be levied on pre-closure of HL before expiry of half of
Procesng Fee as per inRepayment Undertaking may be obtained which 2. Memorandum of Housing T loan. original tenure
structions on HL
will clearly show EMI of both the loan a/cs.
3. Guarantee Agreement
- Processing Fee 0.5 % of the loan amt max Rs 10000
-2 HL a/cs to be opened
(e-Cir 93 dt 6.6.6).
one on Floating & other on
Sch withdrawn (Master e-Cir 885/24.1.11)
Fixed Int.
Eligibility- Individuals over 18 years of age with steady source of income, includ- Margin - 15% of cost of land , Repayment Max. 180 months starting from the
EM of plot, Personal & Interim
Processing Fee 0.5 % of the loan amt max Rs 10000 (eing persons engaged in agl & allied activities. TYPE T L/ *OD (*Mxgain)
Development , Registration,
month following the month of disbursement of loan. Guaran-tee good for loan amt.
Cir 93 dt 6.6.6). Other charges like valuation, search
Max Loan Rs 10 Crore. Permissible EMI/NMI Ratio: 30% upto Rs 2 lacs of NAI, Stamp duty.(2% penalty on the ROI As applicable, concession of 25 bp on tie-up Disbursement By A/c Payee cheque report actual basis.
directly to Urban Dev / Coop Society. - Construction of House < 2 yrs
40% for > 2 lacs 5 lacs, 45% for > 5 lacs 10 lacs and 60% for > Rs 10 lacs (e- amt prepaid, as In H L).
with Urban Dev Auth/ Coop society with busi > 5
Crs.
Master e-Cir 885/ 42.1.11
Cir 481 dt 07.11.07). Adm Clearance for > Rs 50 lacs by Reg AGM (e-Cir 26)
Rationales - 1. To provide an exclusive, innovative & value added HL product to tap significant potential market. 2. To improve Banks HL product profile. Date of launch 01.04.05. Loan: Min ` 5 lacs Max No upper cap (Cir No. : NBG/PBU/HLHOMELOANS/61/2011 12 dated 15.02.2012)
Type: Overdraft. Eligibility, Purpose, Margin, Pre-payment penalty, Processing Fee, Pre & Post sanction process, Repayment As per Housing Loan Scheme. Separate Documentation Ann A, B &
C.
Spl Features: For new HL of Rs. 5 lacs & above, Borrower to maintain SB or CA with min Rs. 5000 (No min balance if salary a/c with us e-Cir 485 dt 7.11.7), HL will be linked with SB/CA with Auto DP Reduction as per repayment schedule, may go for Hybrid
combination with SBI-Realty & SBI-Flexi HLs. Interest rate: As applicable on similar loan amount under Term Loan. A premium of 0.25% over and above the applicable interest rate will be recovered on new Home Loans of above Rs 1.00 crore.( Circular No. :
NBG/PBU/HL-HOMELOANS/61/2011 12 dated 15.02.2012). Now withdrawal permitted upto D.P./ cheque and INB can be permitted no ATM(Ref cir-400/25.07.13)
Background: In wake of enhanced IT incentives for HL (U/S 80C upto Rs 1 lac of principal repayment as against the earlier cap of Rs 20000 only), many prospective HNI & Mass Affluent borrowers are keen to avail HL to the max extent to draw optimal IT Benefit.
Special Features: 1. Waiver of mortgage of the property financed and in lieu thereof obtains pledge of liquid securities TDs, NSCs, KVPs, LIC Policies. Loan amount to the extent of 90% of the security incl accrued interest, subject to max 100% of Project cost.
Further, liquid securities may be accepted in lieu of cash margin. 2. Repayment: Normal repayment as in regular HL, subject to renewal of the securities pledged on maturity till liquidation of loan or Repayment of the loan out of the proceeds of the securities offered,
as and when they mature. Borrowers to arrange to pay monthly interest. 3. Agreement to mortgage to be obtained to further strengthens the securities. Marketing Tips: a. To offer 100% financing of the project cost, b. To effectively meet the latent needs and tap the
business potential emanating from high societies with bright prospects to tap their deposits and opportunity to cross sell other products, c. As entire loan/margin secured by liquid securities, bank may fully hedge the risks against the possible dip in real estate prices, d.
Acceptance of our TDs incl FCNB Deposits, enable us to retain deposits, to boost Home Loans portfolio and to reinforce the loyalty. All other instructions governing regular Home Loans/ SBI Gram Niwas/ SBI Realty/ SBI Flexi/ SBI Maxgain as the case may be to be
applicable. (Ref e-Circular 458/ 2005-06 dated 21 Jan 2006) Processing Fee 0.5 % of the loan amt max Rs 10000 (e-Cir 93 dt 6.6.6).
Rationales: a. To maintain long term relationship with Home Loan borrowers, b. ensure continued customer loyalty, c. make of HL sch more customer-friendly by extending value added facilities, d. improve our competitive edge in the market, e. to take over of Home
Loans by optimally tapping the significant potential. Eligibility: 3 yrs satisfactory HL (SA) Borrower. Loan Amount: a. 18 NMI for salaried or 1.5 NAI for Professional/ Self-Employed/ Businessmen/ Agriculturists, with provision to club spouse income or b. 25% of
original Project cost of house/flat or c. 85% of cost of repair, renovation and addition or d. gap between 85% of the current market price of the flat/house and actual loan dues whichever is lowest. The aggregate EMI of HL, other P Loan and SBI Optima should not
exceed 60%. Type of Loan: TL. Disbursement: In stages in addl construction, in lumpsum in other cases. Repayment: Max upto residual period of HL by check off/ PDC from 2 months after final disbursement or completion of work whichever is earlier.Proc Fee:0.5
% of the loan amt max Rs 10000 (e-Cir 93 dt 6.6.6). Security: Extension of charges & TPG. Inspection: Every 3 yrs, immediate if irregular, quarterly when NPA.Sch withdrawn (Master e-Cir 885/24.1.11)
Targetted towards the personal loan needs of customers in view of the comfort of availability of security of the house property . Has a basic characteristic of a personal loan,additionally secured by the extension of mortgage of house
property. Eligibility: All home customers with satisfactory repayment record of at least 1 yr and maintaining SB/CA a/c .Loan Amount:Min:Rs 25000;Max:10 lacs.Valuation up to 2 lacs not required .Assesment could be done by sanctioning authority. Mode of facility: TL/CA OD.Interest: as per HL.Repayment: Max 120 months including moratorium.Must not exceed beyond the remaining tenureof existing loan.Processing fee: 0.5% with min Rs 500.EMI/NMI:Must not
exceed 60% . For Rs 10 lacs & above ,may be relaxed upto 70%.No pre-payment penalty.

4
17 SBI CAR LOAN SCHEME for New Vehicle Eligibility: 1. Age 21 65 years (for sanction of loan), may be extended > 65 yrs if sufficient regular income, repayment within 70 yrs of age, Permanent Employee, Professionals & Self Employeds (IT Return required), Agriculturists (No IT Return), Multinational
Purpose: TLs for purchase of new passen- Executives 2. (ref Cir No.-1175/25.01.2014)Salaried: NAI Rs300000 ,Self Employed& others- 400000 , Loan Amount: No ceiling in loan amount max 4 NAI, in case of agriculturist max 3NAI.EMI/NMI for income upto 10 lacs-50% and for income above 10 lacs
ger cars, Multi Utility Vehicle (MUVs) and
EMI/NMI-60 % (60% in case of tie-ups with reputed institutes). Wherever, the income of the spouse, father, mother, brother, sister (any one, max no. of borrowers 2) is included, person will join as co-borrower instead of Guarantor (e-Cir 477 dt 5.11.7). The max cost of
SUVs.
accessories < 5% of cost or Rs 25000 whichever is less. Margin(Ref Cir No.-1175/25.01.2014): for income upto 10 lacs 15% on road price & for income above 10 lacs margin is 15% on ex showroom price or 20% on roadprice.Cost of accessories must not increase
5% of the vehicle or RS.25000 whichever is less. Repayment: 84 months,and in no case boyon 70years of age in suitable monthly/ quaterly equated installments or through ECS where available. Repayment Date 10th (Loan disbursed on or before 15th) or 20th (after
15th) of the following month. Repayment of loan through a/c of person in whose name vehicle is registered or through a/c with us in joint names of borrowers. Transfer of A/c: Standard Asset can be transferred from one branch to other on request of the borrower.
Place of Loan: Loan can be availed at place of permanent residence or work. Verification of asset by the office at the center at Rs 350 as an inspection fee. Seizure of vehicle: Whenever cheque is dishonoured or an installment due remains unpaid for the first time,
it should be immediately brought to the notice of the Borrower. Interest: Periodicity and Amount of loan-wise. See Page: Latest Interest Rates. Concession in Int: 0.25% in case of Plus scheme and also to loan under Check-off. DGM may reduce upto 0.5% to Sr
Executives & on Festival occasions. (All concessions can not be clubbed together) (e-Cir 541 dt 10.01.07). Penal Interest: @ 2% on the entire loan outstanding for the period of default. Processing Fee recovered upfront 0.51% of Loan amount; Minimum Rs
1020/- and Maximum Rs 10,200/-. Rs 510/- under special salary package and Rs 5,100/- for Mercedes Cars. The same is applicable for NRI Car Loans, Used Car Loans and Certified Pre-owned Car Loans. ( Circular No. : NBG/PBU/AL-AUTOLOAN/6/2012 - 13 dated
05.06.2012), when loan rejected (25% of the fee, if rejected after pre-sanction survey subject to min Rs 500 max Rs 2500). Security: 1. Hypo of vehicle and noting of hypo charge in the books of RTO 2. Guarantee of spouse, if income taken into account for computing loan amount. Documents: Application form, Irrevocable letter from Borrower, Letter from DDO, Letter forwarding DD/ B Cheque to supplier/ Dealer, Hypothecation Agreement, Guarantee Agreement (where applicable), Arrangment Letter, Irrevocable letter of
Authority where DDO is himself the applicant. Insurance: Comprehensive, 110% of value, Banks interest as a hypothecatee should be noted in the certificate & insurance policy. Pre-payment Penalty: 2% of the amount of loan pre-paid if loan is taken over or repaid
before expiry of of the agreed repayment period or partial repayment made in first yr. No pre-payment penalty is to levied if fresh car loan is being taken for new or used car post foreclosure. Inspection: No periodical Inspection in case of Standard Asset. Inspection must when there is default of 2 installments. Twice a yr for NPA a/cs. Papers with loan application: Statement of Bank A/c of last 6 months, 2 photographs of Borrower/ Guarantor, Signature identification from Banker of Borrower/Guarantor, A copy of Passport/
Voter ID/ PAN Card, Proof of residence, Latest Salary slip showing all deductions & TDS Certificate-Form 16 (if Salaried), Copy of IT Return of last 2 FYs (Salaried)/ 3 FYs (if Professionals, self employed & others), Proof of official address for non-salaried individuals.
Processing Time: Max time schedule for receipt of application and sanction/ disbursal of the loan is 2 days. Payment of Service fee incl of Service Tax to dealers/ Sales Executive (at RACPC only) (except vehicles financed to staff) Rs 750/ loan upto Rs 3 lacs, Rs
1000/ loan > Rs 3 lacs . Payment at Branches 1% to 1.5% on amt and no. of vehicles (e-Cir 477 dt 5.11.07) (Ref Master e-Cir 215/2012-13 dated 31May 2012)
Take Over of Car Loans- 1. May be considered selectively where: - a. The vehicle si not more than 2 years old, b. Single ownership, c. No Insurance claim availed and d. Account of the borrower with the other bank is Standard Asset. 2. Repayment within 7 years
from original purchase. 3. Reimbursement of costs of unencumbered vehicle can also be considered. 4. Interest for new car will be applicable, if no change in ownership. (e-Cir 87 dated 06.05.09)
SBI CAR LOAN SCHEME for Used Vehicle All instructions are same as above except - Max loan Amount: Rs 15 lacs. Valuation: Certificate of fitness/ valuation from a reputed/ authorized garage. No valuation required if car sold under Maruti True Value scheme or Automartindia. Take Over of Loans: 1.
(not more than 5 yrs old)
Take over considered selectively a. where vehicle is not more than 2 yrs old, b. single ownership, c. no insurance claim availed, d. Standard Asset in other Bank. 2. Repayment within 7 yrs of original purchase. 3. Reimbursment of cost of unencumbered & upto 2 yrs
- Financing old vehicle on the basis of
old vehicle. 4. ROI of new vehicles applicable, if no changes in ownership in case of take over from other banks. (Ref e-Cir 386/2005-06 & NBG/PBU/AL-Car Loans/4/2005-06 dated 14/12/2005). Repayment: Within 7 years (Salaried), 5 yrs (Self-emp &
Professionals) of original purchase. Interest: See Page Latest Interest
(For further details Ref Master e-Cir 457 dated 01.12.2006)
duplicate Registration Books not allowed.
Marketing Tips: Car Loan 1. Lower Interest, 2. Interest on daily reducing balance, 3. No advance EMI, 4. Low Processing Fee, 5. Lower Pre-payment Penalty, 6. Long Repayment Period (7 yrs), 7. Finance on Road Price, 8. Lower Margin 9. Free Personal Accident Insurance, 10. Life Insurance at
attractive rate of premium, 11. Special Rate of Interest for Special Customer Groups (Under Plus Schemes), 12. Subvention amount to Customers, 13. Concessional extended warranty, 14. No muscleman at the door.
Staff Car Loan: Quantum: Max Rs. 4.50 lacs (Clerk), Rs. 7 lacs (Officers JMGS-1 to TEGS-2), Rs. 10 lacs (MD), Rs. 15 lacs (Chairman). Interest: 7% p.a.. Simple. Margin: 10%. Repayment: 180 months (132 for Principal, 48 for Interest) e-Cir 312 dt 02.09.08.
**** As part of Banks ongoing Green Banking initiatives, it has been decided to extend 0.25% concession in interest rate than the regular card rate to customers buying Reva Electric Cars. (Circular No. : NBG/PBU/PL-GENERAL/29/2011 12 dated 15.02.2012)
2 wheeler & Car loan both may be availed within overall limit of Car loan. (e-Cir 645 dated 06.02.08)
Date of launch: 01.11.2006. Type of Loan: Overdraft. CIS Code: 5028. CBS Code: < 3 yrs: 6050-1011, 3 to 5 yrs: 6050-1012, 5 to 7 yrs: 6050-1013. Stipulations: New car loans of Rs 3 lacs and above. Interest: Periodicity and Amount of loan-wise. See Page:
18 CAR LOAN OVERDRAFT
Latest Interest Rates. Drawing Power on Car loan a/c will be reduced on monthly basis to the extent of principal component so that the loan is liquidated at the end of tenure. Cheque Book, ATM-cum-Debit-Card, Internet Banking facility given after disbursment of
loan and completion of required formalities incl hypo of vehicle.
(All other features of the scheme are as
Rationales: 1. To provide an exclusive, innovative and value added car loan product to tap significant market (High Networth Individuals, Mass Affluent, Professionals, Highly paid Executives, Software Professionals, reputed businessmen, Industrialist etc.) providing
of Car Loan mentioned above)
attractive avenue to park temporary surplus funds and optimizing returns by reducing interest burden. 2. To improve Banks car Loan product profile.
(Ref e-Cir 404 dated 07.11.2006 for further details)
Under this scheme, NR can now alsol be Borrower (Digest Sep Oct-14) Eligibility: For Borrowers & Guarantor Age 21 65 yrs, Loan to paid before Guarantor turns 65. For Borrowers: Resident Indian related to NRI Individual, Agl, Professional, Self Em19 NRI CAR LOAN SCHEME
R : This will widen our product offer- ployed, Parent of NRI receiving pension or inward remittance from NRI, Physically fit with driving license or capable to engage driver. For Guarantor (NRI) Having valid Indian Passport, Steady source of Income, Employed abroad for 2 yrs, with valid job contract,
NRI a/c with us for 12 months with avg balance of Rs 50000 or new a/c with > USD 5000, Power of Attorney. Authorised Branches: NRI Intensive Branches. G M Network may add more branches. Loan Amount: For Borrower Max 18 times (No ceiling), For
ings to NRI Customers and result in
Guarantor Min NMI USD 1000 or Min NAI USD 12000. For New vehicle, no ceiling in loan. EMI/ NMI ratio < 50%. Margin: upto 6 lacs;15% (40 %) Repayment: Within 7 yrs from original sale and before the Guarantor reaches 65 Years.. Interest: applicable
improving Auto Loans portfolio.
amount & period wise. Penal Interest: 2% of outstandings for period of default. Processing fee: 0.5% of loan amount uprfront. Festival concession wef 08.10.07 to 31.12.07, 0.25% (e-Cir 407/ 09.10.07). Security: Hypo of vehicle & noting of charge in book of RTO,
Liquid security NSC, LIC, TD etc atleast 35%. Tangible security may be waived on good track & creditworthiness. Insurance Comprehensive atleast 110% of value. Disbursement by A/c payee BD/ B cheque to dealer under forwarding letter. Prepayment Penalty: 2% of amount prepaid. Inspection: No Inspection if SA, inspection if there is default of 2 EMIs, For NPA twice a yr. For more details refer e-Cir 370 dated 18.10.2006 and 413 dated 11.11.06.
SR SCHEME
ELIGIBILITY
LOAN AMOUNT
MARGIN
REPAYMENT, INTEREST, SECURITY, DOCUMENTATION
OTHER FEATURES
a) Insurance as above b) Process Fees: 1.2% incl tax
Age 21-60 yrs, min NMI Rs.6250 or NAI Max : 6 times NMI for salaried, Half of 15%, may be reduced to 10 for Max. 36 EMIs (Teacher Plus: 60 EMIs) Post-dated cheques or ECS/ SI (with addl 6 che20 SCOOM (Two Wheelers Loan)
75000 for normal bikes, NMI 5000/ NAI
NAI for others. For Teacher +: 10 NMI new vehicles on check off,
ques) if check off not available. Service Fee to Dealer- 2.5% max Rs 2500 incl Service Tax. min Rs 250 max 500
60000 for battery 2 wheelers & Mopeds
Staff: Max Rs 60000 or 90% (e-Cir
plus sch or value of connecc) Tie up with Bajaj Auto Ltd. Countrywide
747
Interest: See Page: Latest Interest Rates.
tions
21
Two wheeler loans (Bulk Finance= Min 25 vehicles in 3months with check off) : Network GMs may relax the norms Eligibility : Min NMI Rs 2500/-, Max loans 18 NMIs, ROI 0.75% <SBAR , Margin NIL, Repayment 60 EMIs (Ref. Corp Cen PBBU/AL/5/54 DATED 18/07/2005)
For Two-wheeler Loans the processing fee will be 1.22% of loan amount with a minimum of Rs 255/- and maximum of Rs 510/-.( Circular No. : NBG/PBU/AL-AUTOLOAN/6/2012 - 13 dated 05.06.2012)
PERSONAL LOAN AGAINST MORTEmployees, P&SE/ Others who are I.T
Loan limit :(Ref Cir No.-1283/22.02.14) Ref e-Circular 341 &
Term Loan Max:120 months EMI or date of
As above. The loan can also be
Processing fee: 1.01% of loan amount
GAGE OF IMMOVABLE PROPERTYassesses & Agriculturists
Max-2 crore (for tier1 & tier 2 cities)
NBG/PBU/16/2005-06 Retirement whichever is earlier where check off
granted against the security of propincl service tax, max Rs 50933 (e-Cir
General purpose loan for exp. of mar-Self Occupied or Vacant condition.
b) Max -1crore for rest of India
otherwise 72 months.(sanctioning authority may
dated 22/11/2005
erty of a third party if the latter agrees
1283/ 22.02.14)
riage, medical, education (incl. outside
Max.age:60 years
c)Max 50 lacs for Bhubaneswar,
be permit upto 84 months)
latest circular 1283
to stand as a guarantor to the loan.
India), & Foreign Travel. But not for specNMI of 12000 (salaried)
North East and Bengal circles (exCA/OD Max 60 EMI, monthly reducing DP.
dated 22.02.2014
ulation (e-Cir 310/5.9.6)
cluding those cities coverd under
NAI of 150000 (others)
category (a) valuation by Banks

22
Primary: Nil
Repayment 60 EMsI for age < 70 yrs, 48 EMIs
No processing fees.
Collateral: Loan > Rs 25000 to be guaranfor age 70-72 yrs. For Family pensioner EMI
Cir.Circo/Adv/106/2003-04/ dt 14.07.2003/ 29
25%< net pension drawn. Repayment 36
teed by spouse or any family member/3rd
Type of Loan Demand
of 26.05.04, e-Cir 340/05-06 dt 22/11/05
Loan
months
party worth the loan
*** Pension paid by Treasury through cheque drawn on us on conditions a. irrevocable mandate by pensioner to take payment of cheque through us, b. Treasury to undertake not to transfer pension to other bank without our NOC (Ref e-Cir 340/2005-06 & NBG/PBU/PL-Pension/15 dt 22/11/2005.)
All Govt./SBI Pensioners whose pension
a/cs are maintained or*** Pensioners
age not to be over 72. For Family Pensioner max age 65 yrs
SBI LOANS TO PENSIONERS

(to meet personal expenses)
Since With Drawn)
PERSONAL LOAN (Replaced by

SBI Saral) (Relevant for old loans)
[Applicants to score at least 50% in credit
scoring model if check off facility is available, otherwise at least 60%][for any
general purpose incl purchase of Consumer durables & Computers
25
SBI SARAL Simplified Personal
Nil
Rationales: To meet personal expenses of young Defense pensioners, who do not have any means of livelihood other than pension, they find it difficult to meet their emergent financial needs or spend on setting up a small venture to
supplement their income. Purpose: To meet the personal expenses of young defence pensioners beyond the existing Personal loan ceiling of Rs 2.00lacs. Age: Upto 50 yrs. Loan Amount: 48 times of net monthly pensions, subject to
max Rs 2 lacs & EMI/NMI not to exceed 40%. Margin: NIL Guarantees: TPG of spouse eligible for family pension or of any family member or third party good for amount. No guarantee if loan < Rs 25000. Repayment: Max 84 months.
Type of Loan: Term Loan. Processing Fee: NIL. Documents & ROI As per SBI Pensioners sch. Authorised Branches- All pension disbursing branches. (e-Circular 138/ 2006-07 dt 23.06.2006.)
23 JAI JAWAN PENSION

LOAN For Young Defence
Personnel.
24
category (a) valuation by Banks

approved Valuer (report not more than
3 months old)
EMI/ NMI < 50%
Max. of 12 months pension with a
ceiling of Rs.100,000.
For Family Pensioners- Max. 9 times
of pension or 50000/-
Employees & P&SE, etc. (min. 2yrs

service/ standing); Also Agents of Insurance/KVP/M Funds with min. NAI of
Rs.2 lacs & 3-5 yrs standing Age: 60 yrs
or less; Min. Income: NMI of 6000
(sal;NAI of 60000-other)
For Teacher Plus :NMI = Rs. 2500/-
Min: Rs.24,000
Nil
Repayment -Max: 48 EMIs for Salaried & P&SE
Security Nil Processing fees: As in Saral Scheme.
Max: 12 NMI for salaried or 1 year
Type of Loan: TERM LOAN
36 EMIs for Pensioners .No Pre-payment Penalty. Personal Loan Scheme is now extended to TRADERS who have cash flows to repay the loan
NAI for others - with a ceiling of 7.5
60 EMIs in Teacher Plus
and can also provide adequate tangible collateral security; Loan amt: 1 years Net Annual Profit
lacs for salaried & others in 6
Int: 2.5% above SBAR
during the previous financial year or Rs.1 lac whichever is lower. Credit scoring model is not
metros & 5 lacs at other centres;
Int on Per / Festival Loan against 3rd party secuapplicable to Traders as tangible collateral security covering full amount of loan is obtained Bulk
Rs.1.5 lacs for Pensioners under
rity of NSC/IVP/RBI Relief Bond etc. to the extent Business : Min. 25 application in 3 months.
VRS.
of 110% of the loan amt - 9.00 p.a. (29.11.04)
- NMI can be reduced to Rs. 5000/- by Br/ Region AGM for salaried with check off.
(CC/NBG/PL/177A/4 dt 23.06.05)
Purpose: 1. Bank to ensure that any customer Resident Indian having repaying capacity, irrespective of segment except AGL customers, may cater their sudden unanticipated needs in lump sum without any stipulation of enduse of funds.
2. Loan for any legitimate purpose domestic or foreign travels, medical of self or family, marriage, education, as customers have to resort to moneylender for emergency funds. Eligibility: Any person having 1. Sufficient cash flow (salaried, min 1 yr service) or
regular income (others) as evidenced by 6 months salary slips/ IT Returns of 2 yrs. 2. EMI/NMI at least 50%, 3. Proof of Residence & identity to satisfy KYC norms, 4. 6 months satisfactory statement of any account, 5. if credit card holder, submit last 3 months
statement, and 6. Min scores 50 marks in Credit Scoring System. Minimum Income: NMI Rs 5000 aftter all deductions incl IT (Employee). For others, NAI Rs 60000 (latest IT Return less tax payable). Spouse income considered if joint a/c or guaranteed. Loan
Amount: Min Rs 24000 in Metro & Urban, Rs 10000 in R/SU, Max 12 NMI (Salaried), 1 NAI (Others), Max Rs 10 lacs in all centers, subject to credit score 50 or more. Security : NIL. Type of Loan: Term Loan. Repayment: 6-48 EMIs, Pre-payment penalty of 1%
of loan if paid before 6 m. Renewal after 24 m, separate loan may given subject to EMI/NMI ratio not more than 50%. Mode of Repayment: Monthly remittance if tie up or S I if a/c with us or PDC. Interest: See Page: Latest Intererst. Processing fee 2% of loan, if
credit score 60 & above, 3% if credit score 50-60 (e-Cir 449/ 29.10.09). Disbursement: No Cash, only through Bankers cheque or credit to a/c. Rationales: i. Inclusion of a wider target group ii. Issuance of clear instructions regarding processes. (Ref e-Cir 339/
2005-06 & NBG/PBU/PL-Per loans/14/ 2005-06 dated 22/11/2005)
Loan Scheme with Objectives:

i. Inclusion of a wider target group,
ii. Issuance of clear instructions regarding
processes.
All P seg customers/ employees of
good Corporates other than Xpress
Credit, Self employed Engineer, CA,
MBA, Doctors, Architects with min 2
yrs standing may avail.
Transfer of Personal Loan under Saral & Xpress Credit from one branch to other, irrespective of IRAC norms, subject to 1. Notice to borrower and obtention consent letter from him, 2. Customer to pay additional stamp duty if transfer to othe state, 3. Furnish full address, telephone nos both residential &
official to transferee branch for follow up. Obtain undertaking form borrower not to use the proceeds for any speculative purpose in stock market or in real estate. (Ref e-Cir 600/ 2006-07 dated 06.02.07)
Processing Fee- 1% of loan amount incl service tax (e-Cir 449/ 29.10.08)
-Check off** (See Foot Note, Page 9) or PDC on GMs permission (Score 60%); Margin: NIL. Repay 48 EMIs. Besides TL/ DL, OD on following terms i.Loan
26 PER LOAN XPRESS CREDITgranted for 1 yr & subject to annual review, ii. Loan 10NMI, Net take home >40%
Now also extended to Quasi-govt & reputed educational institute employee, where we
Target Gr: Emp of Govt, Semi Govt, Profit To bring High Quality Per Loan as low grade Employee contributed significant
after interest. ROI See Page: Latest Interest.
have Captive Branch. All other terms conditions of Personal Loan will be applicable (Ref Cir.
NPAs, MIN NMI -7500.
making PSUs, reputed Educational Inst,
Corp Cen PB/PL/218 dt 31.05.05 & 4A/ 165 dt. 21.06.05).
Min Loan Term Loan-24000 OD 10lac Max Term Loan& OD -, Max 24 NMIsSB1, SB2 & now SB3 Co satisfying take
subject to max of 15lacs (EMI/NMI not exceeding 50%)
-(e-Cir 657 dt 13.2.8)
over norms (e-Cir 115, 16.6.6)
Max 12 NMIs for Non Govt Employee.
Personal Loan under Xpress Credit scheme extended to Para Military Forces (CISF) e-Cir 01 dated 01.04.06 : As CISF personnel are posted allover the country, considerable scope for sanction of Per Loan through the large pool of salary accounts exists. In terms of e-circular no. 551 dt 2.3.6 and 557 dt
3.3.6, Bank to extend Personal Loan facility under Xpress Credit Scheme to CISF Employee, whose salary is paid through us on the basis of SI activated simultaneously with salary credit, without insisting Check-off and NOC after obtaining certificate from DDO.(See Page 07)
SR NAME OF SCHEME/ Rationales

27
FESTIVAL LOAN SCHEME FOR

PUBLIC
ELIGIBILITY
Employees with min. 2 yrs service; Self
employed with min. 3 yrs standing;
Persons with regular source of income
NMI of 3000 & above
Teacher Plus: NMI Rs. 2500
LOAN AMOUNT, MARGIN

Min: 5000; Max.:Rs.50,000 subject
to 4 times the NMI. Loan upto Rs.1
lac to individuals who are either
employees and provide check off
facility or are well established selfemployed whose dealings with us
is satisfactory.
INTEREST
NIL
REPAYMENT
Disbursement is by credit to account.
Repay: 12 EMIs; No penalty for prepayment
Type of loan: DL
SECURITY & Other Features & Ref Circulars

Primary: Nil; Collateral: Personal guarantee of spouse or 3rd party of adequate worth where
check off is not there.
Processing Fees:1.10% of loan amount.

6
28
SBI EASY TRAVEL LOAN

-Loan to any legitimate traveler to travel in
India & Abroad. This product since
withdrawn (e-Cir 713/ 23.01.10)
Emp of Govt, reputed PSU for 2 yrs,

Self-emp Doctors, CA, MBA < 60 yrs,
Pensioners, Agents & Traders etc
Min Score 50 (check off), if not 60.
Min Income: Emp/Pensioner Rs 6000, Self Emp NAI

60000/Loan: Min 24000 Max 12 NMI for Sal/Pensioners others 1
NAI max Rs. 5 lacs for 6 Metros, Rs 2.5 lacs for other centres
Margin NIL. Type of Loan TERM LOAN

Repayment 48 months for Salaried, Self
Emp, Traders; 36 months for pensioners
Security- NIL, For Traders 100% Tangibles (Now against PDC & suitable TPG subject to
min score 60 Corp Cen NBG/ PBU/ PL/ 8/ 2005-06 dt 31.8.5) , Processing Fee 1% of loan
ROI 12.75% floating, Incentive of 50 bp for 2nd Loan. Complimentary Vishwa Yatra Travel
card, All other features as per PerLoan.
29 Loans for Aptech Ltd Courses Authorised Branches identified by Circle. Purpose: Loan to earning parent of a student or working/ earning student to take computer courses with ACE-Aptech Computer Education, Arena Multimedia, SSI Education of at least 3 months, and where tuition fee is at least Rs
10000/- Eligibility: a. Confirmed/ permanent employee with NMI Rs 3000 b. Non-salaried past 2 yrs IT Returns with NAI Rs 40000 c. Loan subject to EMI/NMI ratio < 50% d. Income of spouse considered if spouse guarantee the loan e. All other Term & Conditions of Personal Loan applicable. Loan Amount::
Minimum Rs 10000, Maximum 12 NMI or Rs 1 lac. Credit Score: Min 60, can be reduced to 50 by Sanctioning Authority in deserving cases. Repayment: Course period + 6 months (< 42m), EMI start from 1 month after disbursement. Interest: (1.75% above SBAR) Floating except Xpress Credit Borrowers.3.75% over SBAR floating if credit score is < 60 or between 50 & 60. Processing fee: Loan < 50000 Rs 200, >50000 to 1 lac Rs 400/- Disbursement: 4 installments Beginning of course, 7th, 13th & 25th months. Documents As Personal Loans Rationales- 1. To broadbase our customer base 2. To assist
needy individual to acquire technical skill. (Ref. e-Circular 193/ 2005=06 dated 18.08.05).
This product since withdrawn (e-Cir 713/ 23.01.10)
30 SBI EDUCATION PLUS

Personal loan for distance education & part-time courses
Rationales/ Objectives: Provision of financial assistance to employed persons for pursuing part time/ Distance Education courses for career development. Eligible courses: Distance Education & Part Time Courses (Evening) for Diploma/Degree/PG conducted by UGC/ Govt/AICTE/AIBMS/ICMR/IGNOU etc. Eligibility: Permanent employee of State/ Central/PSUs/Reputed Institutes with min 2 yrs service and has secured seat. Consent letter from the employer for
pursuing proposed course. Facility: Term Loan. Age: Below 45 yrs. Amount of Loan: 15 NMIs, max Rs 1 lac min Rs 25000. Margin: 10% Interest- 0.25% above SBAR. Repayment: 60 EMIs. No penalty on early repayment. Security: Check facility letter from employer or PDC along with suitable TPG. Processing Fee: NIL Documents: As applicable to Xpress Credit.
Rationales: 1. to reinforce the loyalty of existing Home loan borrowers, 2. To tap the potential for take-over of Home loans, 3. To give a discernible boost to the off take of Personal loans and 4. To improve Net Interest Margin (NIM).
Purpose: General purpose loan against mortgage of immovable property. Eligibility: HL Borrower or Take over case with a satisfactory repayment record of 3 yrs and whose loan is a Standard Asset. Maximum no. of occasions to
avail loans - > 5 yrs & upto 10 yrs (First), > 10 15 yrs (Second), > 15 20 yrs (Third time). Amount of Loan: 18 NMIs for salaried / 1.5 NAI for businessmen, agriculturists. EMI/ NMI not exceeds 60%. Credit Scoring is waived. Rate
of Interest: 50 bps above the Home Loan Interest. Processing Fee: 0.50 of the loan amt incl service tax. Security: Extension of charges on mortgaged property. Inspection: Every 3 yrs (SA), Quarterly (NPA). Required Papers: Copy
of salary slip & IT returns. Marketing Tips: 1. Product meant to maintain long-term relationship with HL Borrowers with a focus to reinforce the customer loyalty. 2. An effective tool to aggressively market take-over of quality loans. 3. Inbuilt provision to sanction Personal loans to HL Borrowers. 4. Waiver of stipulation for credit scoring. 5. Competitive Int Rates, linked to HL. 6. Low Processing fee. 7. Long repayment period co-terminus with residual maturity of HL. 8.
Better security coverage Mortgage linked product, minimizing the chances of delinquency. (Ref e-Circular 108/ 2006-07 dated 15.06.2006)
31 SBI HOME LINE

Special Personal Loans
(e-Circular 108 dated 15.06.06,
363 dt 27.09.08)
Scheme launched from 01.07.06
Eligibility: All H L customers with satisfactory repayment record of atleast one year and maintaining SB/ CA with us. Loan Amt: Minimum Rs 25000, Maximum Rs 10 lacs, subject to present value of house property (-) 25% margin on property value & (-) present
32 SBI HOME CASH now renamed
outstandings in Home loan a/c. The present market value of the property to be decided by approved panel valuer. Sanct Auth does assessment of property for the loan upto Rs 2 lacs, valuation not required. No of loan: Two, 2nd loan may be granted after a gap of 2
SBI HOME PLUS
R : A value added personal loan to our yrs of first loan within the overall ceiling of Rs 10 lacs. Purpose: Any purpose extension/ repair of house, purchase of car/ consumer durables, education/ medical expenses of family, personal expenses etc. Documentary evidence for end use of funds not required.
A certificate to be obtained from customer that the loan will not be used for any speculative purposes. Facility: Term Loan or CAOD (ATM-cum-debit card would be issued). Interest: Only floating rate linked to SBAR based on type of loan & check off facility (12 to
existing home loan customers on attrac15%). For Staff ROI is 2% < SBAR (if Floating HL) or 1% < SBAR (if Fixed HL). Repayment: Not beyond the existing period of HL (e-Cir 668 dt 14.2.8), convenient to borrower, starting one month after disbursal. Prepayment: Penalty of 1% amount prepaid. No Pentive & easy terms, especially in view of
alty if HL & TL prepaid simultaneously. EMI/ NMI Ratio: Not to exceed 60% of both loans, may be relaxed to 70% for > Rs 10 lacs HL Borrowers. Processing fee: 0.5% of loan, min Rs 500. Security: Extension of mortgage of house property NOT mandatory (e-Cir 668
the comfort of security as house propdt 14.2.8). Branches: All incl Rural Branches. For Staff, rural brs also. (e Cir 313 dated 29.08.07). MIS product code: 5030, CBS Producrt code: Home cash OD (6050 2151) & TL (6250 2151)
erty.
Eligibility: Earning women and Housewives incl single mothers, widows, deserted women with family income upto Rs 20000 p.m. Purpose: General medical, travel, family functions, home renovations, childrens expenses etc. Loan Amount: For Earning Women
33 MAHILA SHAKTI SCHEME
Rationale: i. To broaden our customer base, Min Rs 10000 Max 18 NMIs or Rs 1 lac, For Housewives Upto Rs 50000 depending upon repayment capacity of borrower/ guarantor with EMI/NMI upto 55% Security: Clean loan, For Working women-Tie-up/ PDC, Housewives- if no source of income: one coborrower preferably relative, if sufficient income one guarantor preferably relative. Interest: Earning women75 bps >SBAR, Housewives 50 bps below SBAR floating. Repayment: 60 months. Margin: NIL. Other terms: i. 50 bps reduction if salary with us, ii.
ii. Pursuant to the recommendation of
Further 25 bps concession if check off, iii. Life cover of Rs 1 lac per person with SBI Life at reduced rate.
National Com for Women (NWC) to assist
CAREER PLANNER LOAN: Eligibility: As above. Purpose: Any educational purpose. Loan Amount: For earning women- Min Rs 10000 Max 30NMIs or Rs 3 lacs, EMI/NMI upto 55%, Housewives- Rs 1 lac, EMI/NMI 55%, Periodical disbursement on progress of
women of lesser economic strata.
the course. Security: Clean Loan, For Working Women Tie/up or PDC, Others one Guarantor with regular income preferably relative. ROI- For earners 50 bps < existing education loan rate, Housewives: 125 bps < SBAR floating with floor rate of 9%. RepayThis product since withdrawn (e-Cir
ment: 36-60 m. Margin: < Rs 1 lac NIL, > Rs 1 lac 5%. Other terms As above. (This is not Education Loan, but Personal Loan)
(Ref E-Circular 333/ 2005-06 & NBG/PBU/PL-PERLOANS/10/2005-06 dated 22/11/2005)
713/ 23.01.10)
34 SBI Career Loan
35 SBI Reverse Mortgage Loan

R: To provide a source of additional
income for senior citizens of India who
own self-acquired and self-occupied
house property in India.
Date of launch: 12th October, 2007.
(For more clarification Refer e-Cir 112 dt
28.05.08)
Rationale: A fully collaterallised scheme to finance individuals who opt for training to acquire skills needed to join a job/ profession. (Not covered under Education loan scheme). Eligibility: Individuals who undertake a DGCA approved course for training/ skill development for joining as Commercial Pilot/ Airhostess. Facility: TL with applicant and parent/ guardian/ spouse as co-borrowers. Age: Min 18 yrs (Applicant), Max 60 yrs (Co-borrower). Loan Amount: Max Rs 30 lacs(e-circular-366 dt-30.01.11). Repayment: 36 EMIs
from one year after completion of course (e-Cir 242 dated 04.08.2007). Interest: Based on SBAR security-wise. 12.5% (EM), 1% > FD Rate (FD), 11.5% (LIC,NSC etc) (e-Cir 700 dt 01.03.08). Processing Fees: 0.5% of loan recovered upfront. Security: EM of nonencumbered Property or Govt/ PSU Bonds, NSC, LIC, KVP, FD of Banks etc. Margin: 10% (LIC, KVP, NSC, FD, Bonds), 20% (EM). Documents: Personal Loan backed by security & Personal loan ag mortgage of Immovables. Ref Cir 493 dated 14.12.2006, 242
dated 04.08.2007.
Purpose: Supplementary income, any personal expenses, house repairs. Eligibility: 1. Single or joint with a living spouse (Not for NRI). 2. Age > 60 yrs of first borrower, > 58 yrs for spouse. 3. Surviving spouse one, borrower to undertake not to marry again, if
not loan will be foreclosed. 4. Self-acquired & self-owned houses as permanent primary residence. Mobile/ Telephone/ Credit card bills/ affadavit accepted as proof of residence. 5. Clear, unencumbered and transferable title, Search report for 30 yrs to be obtained
from the Banks empanelled advocate at borrowers cost. 6. Residual life of property At least 20 yrs (Single), 25 yrs (Joint, if spouse < 60). Branches: All. Type of facility: Non-renewable Overdarft without ledger folio charge. No cheque or debit card linkage.
Quantum of Loan: 90% of value of property, min Rs 3 lacs, max Rs 1 crore. Tenor: 10 yrs if younger borrowe age<68yrs if >68yrs then 15 yrs or till death. Interest: Public - 10.75% (Fixed) subject to reset every 5 yrs. Staff Pensioners 1% below card rate.
Disbursement: By credit to SB A/c in joint names with E or Ship. Periodicity Monthly/ Quarterly or Lumpsum. Repayment: Loan become due when last surviving borrower dies or opts for sell or permanently moves out of home. Settlement of loan by sale of property or pre-payment by borrowers or his kin. Borrower to submit life certificate in November every year. List of legal heir to be obtained at time of sanction of the loan. Foreclosure: 1. If borrower not stayed > 1 year. 2. If fail to pay property tax/ insurance/ maintain or
repair. 3. Declared him bankrupt. 4. If mortgaged property donated or abandoned etc or any violation of terms & conditions. Pre-payment of loan any time & without penalty. Security: EM of residential property. Revaluation: On Every 5 yrs and payment may be
revised accordingly. Processing fee: 0.5% of loan, min Rs 500 max Rs 10000/-. Right of Rescission: As a customer friendly international gesture borrowers hacve right of rescission upto 7 days. Insurance & Maintenance: Bank reserves the right to pay insurance, taxes etc by reducing loan amt if not paid by borrower. IRAC norms: SA as long as repayment or interest does not become due. Descretionary power: Same as Home Loan sanction. Classification: Looking at utilization of loan, it is treated as Personal
Loans against mortgage of immovable properties. Registration of WILL is not necessary (e-Cir 603 dt 14.01.08) Product Code: 5033 (CIS), 6050 2011 (CBS). (For details refer e-Cir 380 dt 27.09.07, 112 dt 28.05.08).

7
36 STUDENT LOAN SCHEME (GSS)
37
-To make education loans to needy ones at concessional rates wef. 1.03.04.. Incomes of parents not exceed Rs. 2.5 lacs per annum; 60% marks in qualifying examination.2% Interest subsidy for bright & needy students taking higher education (new a/c only) for amt
not exceeding Rs. 4 lacs & for Course period + 5 years.No collateral security required Details of the scheme will be circulated by IBA after budgetary provisions.
For students in private professional colleges. Students family income NOT to exceed Rs.1 lac. Loan Amount: Rs.15000 for Merit seat; Rs.50000 for Payment seat or the fees payable, whichever is less. Margin Nil. Moratorium: 2 yrs after course or 6 months after
job whichever is less; Repayment not to exceed 5 yrs from course completion. Interest:12% Security Nil. Students who secured admission against quota meant for NRI/Foreign Students are not eligible.
RBI EDUCATIONAL LOAN

- PS Adv.
SR NAME OF SCHEME/ Rationales

38 EDUCATION LOAN SCH renamed as
SBI STUDENT LOAN SCH.
ELIGIBILITY
Indian National; secured admission to
professional./ tech. Courses or to foreign universities / institutions, through
entrance test or selection process.
Eligible 3 courses- GNIIT, ANIIT & AAE
conducted by NIIT, a global IT learning
solutions corp with 90% placement
record (e-cir 71 dated 18.05.06). Not
entertain Students whose parents/
siblings defaulted earlier (e-Cir 326/
11.9.6)
LOAN AMOUNT, MARGIN & INTEREST

Max: Rs 10 lacs for Studies in
Upto 4 lacs: No Margin
India
> 4 lacs: 5% - India 15% Max: Rs.30 lacs for studies
abroad
abroad.
If First loan is outstanding, 2nd loan (Top-up) within the overall limit
may be permitted to pursue the professional course (e-Cir 428 dt
15.10.07)
Sanction/ rejection will be communicated within 15 days of receipt of
duly completed application with supporting documents. No application for educational loan received should be rejected without the
concurrence of the next higher authority. Where college & Hostel
are placed far apart, loan for 2 wheelers < Rs 50000 given. Each
ward can avail full Education Loan, subject to collateral Security (E-Cir 268 dt 09.08.08)
REPAYMENT
Upto 7.5 lacs -10 yrs after moratorium
Above 7.5 lacs-12 years (e-Cir 859/ 29.10.13)
Moratorium: Course Period + 1 year (24 months
e-Cir 173/ 23.6.9) or 6 months after getting a job
which is earlier. competent authority has, approved continuation of the existing provision for
extending the moratorium period from 12 to 24
months on case to case basis. (Circular No. :
NBG/PBU/PL-STUDENT/5/2012 -13 dated
14.06.2012)
Penal Interest @ 2% be charged for loans > Rs
4 lacs for OD amt & OD period (e-Cir 52 dt
6.5.6)
SECURITY
Upto 4 lacs: No security, Only

Parents co-obligation.
> 4 lacs & 7.5 lacs: Parents coobligation with Coll.sec. as 3rd party
guarantee for 100% of loan. (TPG
or Lien PF Balance for staff) For
above Rs. 7.5 lacs Parents coobligation with Tangibles of full
value & assignment of future income of parents. (e-Cir 655 dt
13.02.08)
Loan only on Floating rate basis. No process-
ing fee < Rs 4 lacs, 1.10% > Rs 4 lacs of loan. However fee of Rs 5000 for loan > Rs 4 lacs student studying abroad to be adjusted later (e-Cir 52 dt 6.5.6). Doc
to be executed by both student & parent.
Students future income is assigned in favour of the
bank in the documents.
Children of bank staff can also get loan.
Ref CirCo/Adv/ 208/ 2004-05 dt. 3.12.04.
SBI Life insures covers Education Loan Customer.
Premium may also be funded.
Revival Generally student is not available at place of
Branch granting loan, thus father/ guardian may sign
revival on behalf of student after suitable amendment
in Document (e-Cir/ 13.12.2006).
Marketing Tips : Education Loan 1. Low Processing Charge, 2. Low Margin, 3. Low Interest Rate, 4. Simple Interest during entire period of loan, 5. No pre-payment Penalties 6. No hidden cost or administrative charges 7. 100 basis points concession on interest if fully serviced during moratorium 8. Tax
benefit to students upto Rs 40000 as repayment of loan under Sec 88. 9.Facilitates working people to undertake part time/ evening courses. 10. Optional individual life insurance (EDU-SHIELD) to existing/ new borrowers. Benefits to Bank/ Branches : 1. Catch them Young as Lifetime Customers 2. Cross-selling
of other products 3. Counts as Priority Sector Advance 4. Credit process is less exhaustive compared to SIB/ Agl loans 5. Eligible HL Borrowers can avail this loan under Credit Khazana with 25 basis points concession in interest rates. ( Source : Ref. NBG Bulletin : May 2005 issue)
**** In view of the difficulties faced by operating staff in contacting the borrower after the completion of studies and rising NPA in Education Loans, the Competent Authority has decided to make PAN Card of the student and the Parent/ Guardian a mandatory document for all Education Loans.( Sl.
No. : 1017/2011 12 Circular No. : NBG/PBU/PL-EDUCATION/30/2011 12 dated 18 .02.2012)
**** Second loan (Top Up Loan) for further studies, within the overall limit is permitted to pursue a professional course in India or abroad if such further studies are commenced during the moratorium period of the first loan and subject to the second loan being allowed with the security requirements
as applicable to the aggregate loan limit. The combined repayment of the loan will commence after the completion of the second course, or 6 months after taking up a job; whichever is earlier.( Sl. No. : 1032/2011 12 Circular No. : NBG/PBU/PL-STUDENT/31/2011 12 dt. 23.02.2012)
39 SBI SCHOLAR EDUCATION LOAN- -Students should be an Indian national & Loan Amount - Need based, sanctioned as TL. CGM may grant Rs Interest: E-Cir-226 / 12.06.2013
No Security/ Collateral asked
-No Processing Fee/ Up front fee
3 lacs p.a. for main cultural event/ college magazines/ placement Simple Int during Course & moratorium. Penal
-Loans to deserving meritorious students for have secured admission to full time
(For staff also)
-2nd Education Loan under over all limit
professional/technical courses through
session (e-Cir 872/ 31.03.2010).
interest @ 2% for loan above Rs. 2 lacs for overfull time courses in India at 118 select
Repayment-Max. 12 yrs starts from 6
Entrance Test/ Selection process.
Discretion to waive the parental involvement rests with Sanct Authordue amt for OD period.
Ref CrCo/Adv/ 209/ 2004-05 dated 03.12.04 and e-Cir 26
premier & reputed institutes.
months after completion of course and
*Loan jointly with Co-borrower
ity.
1% int concession if int served during moratodated 25.04.06.
Ref e-Cir-226/12.06.2013
(Ref e-Cir 226 dated 12.06.2013)
(Spouse/Parent/in-laws or TPG)
rium (e-Cir 101 dt 20.05.2008).
For Scheme detail, refer e-Cir 872/ 31.3.10.& 226
dated 12.06.2013
In view of the increase in fee for many of the Scholar institutes, the maximum loan limit under the scheme has been increased as under:
As per the modified process, the designated branch & all MMGS-3 branches will carry out a CIBIL check on the co-borrower/ guarantor and disburse first installExpenses covered Fees (Hostel, exam, lab, tution etc.), cost of books, equipments, uniforms, computers; caution money, travel exp for abroad.
ment of the loan. The remaining installment(s) will be disbursed only after completion of pre-sanction check of the borrower/ co-borrower/ guarantor of the loan.( Sl.
No.: 1002/2011 12; Circular No. : NBG/PBU/PL-SCHOLAR/28/2011 12 dated 15.02.2012)
Enhanced Maximum Loan Limit
Category
The competent authority has approved modifications in sanctioning and disbursing loans under SBI Scholar Loan scheme and henceforth the SBI Scholar Loans will
Without Collateral
With Collateral
be sanctioned by Campus/ designated branches and the same is de-linked from CPCs.( No. : NBG/PBU/PL-SCHOLAR/33/2011 12 dated 02.03.2012)
List A
Rs 20 Lac
Rs 30 Lac
The Competent Authority has approved the inclusion of Indian School of Business, Hyderabad and Mohali campuses, under List A of Scholar Loan
List B
Rs 7.5 lacs
Rs 30 Lac
scheme.
Circular No. : NBG/PBU/PL-SCHOLAR/1/2012 13 dated 4.04.2012
Circular No. : NBG/PBU/PL-SCHOLAR/1/2012 226 dated 12.06.2013
(Ref Master Cir 789 / 2008-09) (Priority
Sector Advance: Rs 20 lacs study
abroad, Rs 10 lacs study in India, RBI
Master Cir dt 1.7.7)
ICFAI courses delisted except MBA/
PGDBA conducted by ICFAI Business
School (e-Cir 139 dated 23.06.2006)
Loan may be granted for admission on
Management Quotae-Cir515/24.11
Students undertaking graduate/ PG
40 NURSING PLUS
Approximate fee : Rs. 2.50- 3 lacs (incl board. & lodging) for 4 All other terms & conditions of Education Loan Career Plus: For Hotel Mgt, GRE, Media Mgt Catering, Coaching class etc. Loan Amt: Rs.
20000 to 2 lacs; Type of A/c DL in student name (Minor jointly), Repay After employment or 6
will be applicable
(merged to Education Loan scheme, e-Cir course in nursing approved by Indian yrs B.Sc. Course, Rs. 1.25 lacs for 2 yrs M.Sc deg.
488 dated 06.02.06)
Nursing Council
Loan jointly to student & parent as in other education loan.
41 GOLD LOAN SCHEME - DL AGAINST
GOLD ORNAMENTS - General Purpose
scheme against Collateral security of gold
Ornaments.
Eligibility
Individuals who are over 21 years
of age with steady source of income; Proper introduction of the
borrower & min capacity to service
the interest will be sufficient to
Amount of Loan & Margin

Max: Loan amount to be linked with
the need/value of the gold less
usual margin, with a cap of Rs. 10
lacs. Min: Rs.5000 in rural & SemiUrban. Rs.10000 in other areas.
months of last disb, which is earlier.
Repayment and Interest

Gold price to be circulated
by CCFO (LHO) every
month; Advance value is
value of gold less margin
stated by LHO every month.
Repayment one or more lump sum/ installments

of his choice within period of 30 months.
OD: 30-72 months thro monthly reducing DP.
Security
Genuineness, purity & intrinsic
value, correct weight, no. of
ornaments to be ensured.
Purity is tested by Touch stone
or Gravity method (19.3% for
Other Features & Ref Circulars.

Processing Fee: For Loan upto Rs 25000 Rs 500,
Above Rs 25000 - 1% of loan amount incl service tax
or Rs 1000 per appication which ever is higher (e-Cir
714 dated 23.11.10)
Quick Loan Product Code for Agri Gold

8
Note If a agl or businessmen take
such loans for personal purpose, the
loan will be treated as Per Segment
loan and not under agl or SIB loans.
the interest will be sufficient to

determine eligibility.
Type: DL, No OD (e-Cir

714/23.11.10)
Margin 30%
Interest: See Page: Interest Rates
or Gravity method (19.3% for

24 carat gold)
Hallmarked jewellery preferable.
42 ADVANCE AGAINST SHARES/

DEBENTURES (in demat form - fully
paid - listed in BSE 100 Index- Co. P/E
Ratio not to exceed 40) - only at selected PBBs or Branches with P division & Internet.
43 EQUITY PLUS
-Loans to employees of reputed PSUs
to subscribe to share of their own
company under employee quota
44 Loans for Subscription to IPOs
Loan 6331-6002 (e-Cir 732/ 1.12.10)

- CirCo/Adv/ 142 dt.28.09.04, & e-Cir 337/2005-06
dated 22/11/2005
Existing individual customers with good

past relation ship either singly or jointly
with spouse
Max Loan: Rs.20 lacs (Demat), Rs 10 lacs (Physical form). Shoulld not exceed Rs 10 lacs for subscribing to IPOs (e-Cir 600 Pledge of fully paid & readily marketdt 11.01.08). 50% of market value as reported in Economic Times; market price not to fall below par for preceding 52
able demat shares traded in Stock
weeks; Preference shares will not be acceptable as security. If P/E ratio is not available, the shares / debentures should not Exchanges regularly
be accepted as security. Loan > Rs 10 lacs (Physical) & > Rs. 20 lacs (demat) sanctioned by the Bank Board. Share
to be transferred in Bank name in Loan > Rs 10 lacs (Physical) and > Rs. 50 lacs (demat).
Repayment : Max: 30 months Interest: SBAR Type of Loan DL/ OD
Shares/Deb. to be transferred in banks name when there

is a default and the outstanding is over Rs.20 lacs.
Debentures to have been rated `AA+ or higher by
CRISIL or equivalent rating by reputed rating agencies
like ICRA
-Check Off facility must

-Undertaking from DDO to obtain
NOC from Br before releasing terminal/ superannuating benefits
60% of purchase price, max 18 NMI or Rs 10 lacs.

Max 60 EMIs.
90% of the purchase price of the shares subject to a maximum ROI See page: Interest Rates
of 18 months NMI or 20 lacs (ESOP- Employee Stock Option
Plan)
Processing Fee Under ESOPs Rs 2000 per

application (e-Cir 449/ 29.10.8).
Our lien be noted against the

shares allotted
Eligibility: New customers with sufficient cash flow evident by last 2 yrs IT Returns & satisfy KYC norms. Old Customers satisfactorily availing home/car/sccom/per/ mortgage/ education loan. Amount of Loan: Min 50% of application money, Max Rs 10 lacs per
person. Margin: 50% (Max Amt of shares permissible to Retail Individuals Rs 10 lacs). Security: Lien on shares if allotted Repayment: Within 30 days of allotment. Interest: For employee qualified under Xpress credit, floating SBAR , for others 250 bps > SBARFor subscribing IPOs of reputed Co selected by Circle CMC. IPO should be rated floating. Type of Loan: Demand Loan. Authorised Brs: All DP branches having demat facility available. Processing fee: 1st loan Rs 500, every subsequent loans Rs 100, after 3 loans NIL. Rationale: i. To broaden our customer base ii. Business opportunity
(Reference e-Circular 336/ 2005-06 & NBG/PBU/PL-PERLOANS/ 11/2005-06 dated 22/11/2005 and e-Cir 784 dated 22.02.2010)
3 or better
Holders or 3rd party

Magnums should have completed minimum lock in period.
45 ADVANCE AGAINST MAGNUMS

(which are listed in the Stock Exchanges)
Margin 50 %
Based on repayment capacity

Int: DL/OD-<3yrs 1.25% <SBAR
OD/TL 3-6 yrs 0.75% <SBAR
(Wef 01.04.06, Ref e-Cir 02 dated 01.04.2006)
Holder or 3rd party
Only against Units offering 2 way quotes & NAV. Margin: 50% Based on repayment capacity
of NAV
Int: As advance against gold ornaments.
Holders or 3rd party
Margin: 10% Repayment -Liquidated against maturity proceeds
Interest: 1.0% over FD rate for loans (For SME Depositors: 1.5% over FD Rate (e-Cir 516/ 24.11.08)
Int Loans granted to Trusts, Cos, Co-op Banks 1.5% above deposit int rate.
Loans to 3rd Party: 1.5% > deposit rate or SBAR or rate of advance to borrowers under other segments
whichever is higher (Ref e-Circular 611 dated 28.03.2006)
Loans granted only for personal
As applicable to adv. against domestic deposit in case of adv. By remittance from abroad or by utilization of
purposes/ direct investments in
against NRE deposits. In FCNB, foreign currency is converted maturity proceed of NRE/FCNB Deposits/
India/acquisition of flat for residential into rupee equivalent by applying TT Buying rate on date of
funds in NRO a/c. Int. on loan against NRE
use. Not for re-lending/ agl. or plan- advance; int. rates on adv. against FCNB deposits (Rupee
dep.: as applicable to domestic deposits.
tation activities.
loans) vary as to type of loan, purpose & 3rd party. Max Loan: Interest- 2.25 below SBAR
No ceiling (Cir -1179/28.02.2013)
For 3rd Party SBAR
3-5 years or before maturity of security
Individuals of good standing holding Loan: NSC 60% of the face value with accrued int. for
the securities
public & 90% for staff; IVP/KVP 60% of purchase value
not the face value. For Staff 85%
46 ADVANCE AGAINST UNITS OF UTI

[Adv. to be granted selectively]
47 ADVANCES AGAINST TIME
DEPOSITS
48 ADVANCES AGAINST NRE/

FCNB DEPOSITS
49
50% of Net Asset Value or market

value whichever is less
LOAN AGAINST NSCs/KVP/

IVP
50
ADVANCE AGAINST LIC POLICY - Policy to be unencum-bered & in

full force. Age of the insured to have been
admitted in the policy.
Constituents of good standing
Loan not to exceed 95% of Surrender value of Policy to be

ascertained from LIC & recorded in Misc. Sec. /DP registers.
Type of Loan: Overdraft Only
Interest: See Page: Latest Interest Rates. Assignment in favour of Bank on the policy itself.
LICs acknowledgement to be obtained. OD may
be granted against an endowment policy, anticipated endowment policy.
Magnum cert. With Transfer form (undated);identity of magnum holder to be ensured
Where loan exceeds 15000, prior registration of charge to be obtained from SBI
Mutual Fund. Processing fee on demat units of MF : 1.1% of loan amount.
Pledge of units to be advised to
UTI & against UTIs ackd.
TDR/STDR duly discharged and
deposited as security. For 3rd
party: Form A,A1/A2
UTI units are classified under Specified security

Depositors advised to take premature encashment
if loan is sought immediately after issue.
Int. on loan to 3rd parties varies over purposes for
which loan is availed.
NRE/FCNB Fixed deposit rePeriod of loan not to exceed unexpired period of

ceipts issued by the Bank and not maturity of deposits. Loan granted under deposiby others
tors request and after verifying his signature.
Pledge of Securities
With Security Delivery Letter.
NSCs are trfd. in bankers
name by execution of app.
Form of P&T Dept.
Type of Loan: DL/OD

As IVPs are bearer instruments & freely transferable, no lien is required with PO, borrower to
indemnify bank in case of any loss to bank.
Where more than one party to a policy, the parties may assign it jointly/ or chain of assignments. A notice, in duplicate, signed by assignor & assignee requesting insurance co. to
return one copy signed & sealed alongwith assignment. Before notifying Banks interest on the
policy, the company will advise present surrender value, policy is unencumbered, premia
paid up-to-date, age of insured is admitted. All information to be register in Misc Security
Register (e-Cir 470/ 05.10.2009)

9
51 PRAVASI PLUS
(Scheme is withdrawn Ref e-Cir 488 dt
6.2.6)
52 ADVANCE AGAINST RBI RELIEF

BONDS
[a) Promissory Notes (Physical scrip; b)
Stock Certificates (phy. scrips);
c) Bond Ledger a/c (demat Bonds). RBI
Relief Bonds are not encashable
prematurely.
53 ADVANCE AGAINST OPEN ENDED
SCHEMES OF SBI MUTUAL FUND
(at all computerized branches &
branches with PB division in Metro/Urban/Semi-Urban branches)
54 MEDI-PLUS SCHEME- For Permanent Employee with min. 2 years where
check off & 5 yrs in all other cases; Vol.
Retd pensioners aged 60 or less; Agents of
ins./KVP/ Mutual Funds whose ann. Income
is > 3 lacs.
- Risk of casualty < 5% (This product
since withdrawn (e-Cir 713/ 23.01.10)
The product has been designed to tap maturing RIB funds enabling NRIs to arrange financial assistance to their resident relatives for start-up ventures at all liberal terms against the collateral security of FCNR(B) and NR(E) Rupee Term
Deposits for products Doctor Plus, Financing for combine harvester and Tractor, Flexi (SBF) loan, Auto Loan (for Transport Operators) and PERSONAL LOAN. The concessions offered are 1. Uniform concessionary rate of interest
(0.25% less than card rate in Per Loan), 2. Waiver of processing fee & pre-payment penalty 3. Physical Inspection once in a year as long as Standard Asset.
Individuals aged over 21 with an
Margin of 40% on the face value & accrued interest (e-Cir 588 No repayment is compulsorily proposed. Non-payment of interest will not attract IRAC norms. However, borrower has the option to repay even premaassured income incl. NRI
dt 31.12.08). Outstandings should NOT exceed Bond Value + turely. The loan to be liquidated out of maturity proceeds of bonds. Securities must be transferred by the beneficiary to the bank. Appropriate stamped
Forms A/A1/A2 to be obtained from owner of security/borrower. Relief Bonds issued as Promissory Notes must be sent to RBI for examination. Relief
Purpose; To meet investors credit
accrued interest at any time.
Bonds in the nature of Stock Certificates must be sent to concerned RBI office with Transfer deed. RBI Relief Bonds as Bond Ledger a/c (demat
needs; personal/ business needs &
Authorised Branches: PBBs and branches with PB division; all
bonds) are also transferable thro transfer deed which is to be recorded in the office where the demat a/c is maintained. Rate of Interest: DL & ODcontingencies.
branches in Metro & urban areas. Any branch authorized by Upto 3 yrs 1.25% below SBAR . OD & TL 3-6 yrs 0.75% below SBAR .
GM of the network. For further details Refer e-Cir 561/
(WEF 01.04.2006, Ref e-Cir 02/ 2006-07 dated 01.04.2006)
20.12.08)
Processing Fees : 1.10 % of loan amount.
Individuals aged above 21 with Min. 10 months NMI/1 year NAI
Repayable in 30 EMIs
Collateral security of demat units. A declaration to be obtained from the borrowers
NMI of Rs.5000 /Min. NAI of 50000 Min.Rs.10,000; Max. Against demat units -Rs.20 lacs which is inclu- Int.: As advised by bank
Certificate from the concerned
indicating the extent of loans availed by them
sive of any loan granted against the security of shares, bonds, etc.
Type: DL / OD; DL at Fixed/Floating; OD at
Registrar as to the marking of lien against shares/ deb. or units of Mutual Funds to
Margin:50% of NAV/Repurchase Value or Market Value,
Floating rate only
on the demat units to be obtained arrive at the max. Loan.
whichever is less (e-Cir 588/ 31.12.08)
Processing Fees:0.5% of loan, Min. Rs.100
& retained with documents.
Tangible collateral security; Third
Processing Fees: 1.1% of loan. Nil if housing loan is
Min. Income: For emp./ pensioners:- Net Min. Loan : Rs.50,000
Repay: Max. 60 EMIs
Rs.10,000 p.m.; For Self emp: NAI of Rs.3 Max.: 12 NMI net of tax, etc (or) 1 year NAI for self emp.
party guarantee of the spouse to be satisfactory. Purpose of Scheme: To avail specialized
obtained wherever feasible.
expensive medical treatment e.g. coronary by-pass, Hip/
lacs; For Agents: Gross income > Rs.3
subject to
Where check off 50% of tangibles if Knee replacement, angio-plasty, etc.
lacs
(0.25 % reduction in interest under Tie-up
a) Emp.& Self-emp : Max Rs.3 lacs
SBI tie-up with all 37 Hospitals of Appollo,
not 110% tangibles.
with Apollo Hospital; Processing Fee will be
b) pensioners & Agents: Max Rs.1 lac
who will direct patient to designated
Loans for treatment of dependents (Ref.Circo/Adv/1/2003-04/ dt 2.4.3 & Circo/Adv/ 62/
waived under Tie-up)
Margin: 20% of total cost of treatment as per hospital bills
branch for loan.
granted (Circo/Adv/61/13.7.04)
2004-05 dt. 13.7.04)
Repayment 10 yrs or residual lease period which- Assignment of receivables and
Processing fees: 2% of loan subject to a max of Rs.1
ever is lower(e-Cir-1284/22.02.14). period if aprecording of Power of Attorney with lacs. Prior administrative Clearance is not insisted upon
proved by CCC 1 and above.Interest: See Page:
lessee. Collateral: First charge on
where the premises are in the possession of our bank.
Latest Int.
buildings against the rentals of which Prepayment: 1% of loan prepaid. Tri-partite Agreement.
loan is sanctioned. Realizable value Inspection: Half yearly.
For SME: <3 yrs 12.5%, 3-7 yrs 12.75%, 7-10 yrs
13% (e-Cir 584/ 30.12.08). Type of Loan: T/L.
of property min 120% of loan amount.
Charges for valuation (every 3 yrs)to be borne by
borrower.
The Plus schemes under personal segment were introduced as a marketing strategy to address financial needs of a particular category/class of clientele by offering loan products at concessional terms & conditions. The Plus schemes are Teacher Plus, Prahashan
Plus & Credit Khazana (Sainik Plus merged with Prashashan Plus and Press Plus, Oil Plus, Gaveshak Plus since withdrawn). Prashashan Plus, which is for Govt & Armed Force employees, has been extended to employees of Public Sector Oil Companies. With
effect from 1st May 2006, Interest: Concessions of 25 bps on card rate on all P Segment Advances. Now there are no concession in margin & processing fee.
Owners of residents. Buildings &

Comml. Properties in SU/U/M areas to be rented/ already rented to
(LHO will identify M/U/SU/R Branches for MNCs/Banks/ Corporates.
this scheme)
Type of Loan: Term Loan
55 RENT PLUS - Finance against as-
signment of future rentals to meet the

liquidity mismatch.
56 PLUS SCHEMES
Minimum: Rs.50,000. Max. Rs. 7.5cr in Metro and 5cr in Nonmetro. Loan may be higher if approved by CCC 1 & above. (No
difference in ceiling for constitution of borrower) Max. Loan is subject
to 75% of gross rental o r75% of market value of property mortgaged
whichever is less. Property tax payable, Advance deposit, etc. to be
deducted in the calculation. Margin 25% (e-Cir1284/ 22.02.14)
Teacher Plus (Product Code: 62521001) & Prashashan Plus (62521001) schemes since withdrawn Refer e Cir 713 dated 23..01.2010.
Eligibility 1. Depositors having deposit of Rs 5 lacs & above Or 2. Home Loan Borrowers with a minimum limit of Rs. 10 lacs and above and having a deposit of Rs. 2 lacs and more Or 3. Car Loan borrower with a limit of Rs. 5 lacs
R : A product for Mass Affluent gives
and above and having deposit of Rs 2 lacs and more Or 4. Salary > Rs 1.00 lac under Corporate Salary A/c (e-Cir 211 dated 26.07.2006). Coverage Launched in 470 brs of 14 Circles. Started with all PBBs, SPBs with Relationship
variety of value added services & special Managers posted and other branches with 150 Vishesh Customer base.
privileges in order to ensure proper
Special Offers: 1. Free remittance and collection of cheques < Rs 25000 per instance & 3 times per month 2. Immediate credit of cheques within an overall limit of Rs 50000/- 3. Waiver of processing charge on fresh P seg loans 4. Prerecognition of the underlying relationapproved P Seg Home loans linked to repayment capacity 5. Extended Business Hours by additional hr except at 8 to 8 Branches 6. Priority allotment of Lockers and 25% rebate on rentals, 7. 50% rebate on demats account charges
ship.
8. Special ATM-cum-Debit Photo card with higher withdrawal limit 9. Free subscription of Quarterly News letter to keep them abreast of various developments in bank incl new schemes/ other offers 10. Free Door step banking for delivery of Drafts/ Cheque Books/ Statement of A/cs 11. Benefits in SBI MF, SBI Life and SBI Cards, 12. Faster processing of loan through RACPC.
57 SBI VISHESH
58 BHAGYA REKHA LOAN
Demand Loan linked to Recurring Deposit Sch for at present women only.
Rationales: To garner regular savings through Recurring Deposit Scheme and grant Demand Loans to women for general purpose needs. Salient Features: Eligibility: At least 12 months old regular RD a/c holders. Min installment Rs
400 p.m. for 36 months for min Rs 10000 loan and Rs 200 p.m. for 60 months for min loan Rs 5000. Type of Loan: Demand Loan. Amt of Loan: Twice the balance outstanding in RD a/c min Rs 5000 max Rs 50000. Interest: 2.25%
below SBAR. Repayment: Loan is partially clean and partially secured by RD amt. Clean portion to be paid in 24 or 48 EMIs and rest to be adjusted out of maturity proceeds. Documents: DP note, DPN Delivery letter, Arrangement
letter. (Ref e-Circular 153/2006-07 dated 27.06.2006)
Note RBI directed to prescribe single Benchmark PLR w.e.f. 01.01.04 instead of three PLRs- SBAR, SBMTLR & SBSTAR. SBI Benchmark PLR is now 12.75% w.e.f 09.04.07, which is also known as STATE BANK ADVANCE RATE.
CLEAN OVERDRAFT RATE : 4% ABOVE SBAR (16.75%)

CHECK OFF FACILITY: Guidelines - Ref e-Cir 429 dated 17.11.2006 (Xpress Credit)
Xpress Credit scheme was launched in the year 2004 to give loans on concessionary terms to low-risk target groups, employees of government, semi-government, profit making PSUs and educational institutions of national repute. Subsequently, target group was enlarged to include employees of SB 1and SB 2
rated Companies. The scheme was built around the concept of Check off.
Check off is a process by which the salary-disbursing officer undertakes to deduct loan installments from the salary of the borrower and remits the same to the bank for credit of the loan account. Lack of check-off is proving hindrance to business growth under the scheme. Therefore, following modificationsunder
clause Requirement of Check off were made A. Obtention of following documents may be waived by SA in case of employees of Central/ State Govt, PSUs, Universitiesand reputed colleges: - 1. Irrevocable authority from employer for making payment out of terminal benefit in case of his resignation, retirement,
death or discontinuance of service. 2. Undertaking from the employer to obtain a NOC from the Bank before settling the dues of the borrower on transfer, resignation, retirement etc. B. In case of other employers, the CGM of the Circle may waive the above documents except in case of IT Sector Employees.
C. Check off may be considered where all the following requirements fulfilled a. the employer pays the borrowers salary into his SB/ CA with us, b. the borrower give irrevocable S I for recovery of installments from his salary a/c, and c. the employer undertakes to inform the Bank if and when there is a severance
due to borrowers transfer, resignation, retirement etc.
N.B: Now Xpress Credit may be given to low risk target groups like Govt, Semi-Govt, profit making PSUs & Educational Institutions of national repute, employees of SB1 and SB2 rated Companies not matianing salary a/cs with us, but DDO consents in writing to provide check-off as well as undertaking to obtain
NOC from loan disbursing Branch before release of terminal benefits to the employees. (e-Cir 657 dt 13.02.08)
PENAL INTEREST ON IRREGULAR LOANS (PERSONAL BANKING ADVANCES) (Ref e-Circular 550/ 2005-06 dated 02.03.2006)
With a view to instill a better financial discipline on the borrowers and to facilitate timely recovery of loan installments/ other dues, it has been decided to recover penal interest @ 2% on entire outstanding for the period of default (in place of 1% p.m. = 12 p.a.) , with immediate effect.
INTEREST CONCESSIONS FOR P LOANS OTHER THAN HOME AND AUTO LOANS (Ref e-Circular 528/ 2005-06 dated 20.02.2006)
1.
Only Modular DGM may extend concessions upto 50 bps (instead of 100 bps) and discretionary powers of officials below the rank of DGM stands withdrawn.
2.
The floor rate floating (100bps below SBAR) will continue to apply to all other P Loans, except secured loans against TDRs, NSCs, RBI Relief Bonds/ FCNR (Deposits)/ shares etc as covered by the relative scheme.
3.
No discretionary power now be available to any officials at Circle level to extend concession in case of secured loans against TDRs, NSCs, RBI Relief Bonds, FCNR (depsoits)/ shares etc as covered by the relative scheme.
MRFTP MARKET RELATED FUND TRANSFER PRICING FOR YEAR 2007-08 FOR ALL BRANCHES (e-Cir 316 dated 30.08.2007)
Sr Details of Accounts etc
Quantifying Criteria
Incentives
1
On Demand Liability (Deposit) a/cs Net Increase in number of accounts*
Rs 300 per account
2
On Time Liability a/c
Net Increase in number of accounts*
Rs 200 per account
3
On Asset (Loan) a/c
Increase in number of accounts
Rs 500 per account
4
On channel hits
Total no. Hits during the period in any channel Rs 5 per hit
5
On other income
Amount earned incl Cross Selling
Rural & SU Branches 20% of other income
Urban & Metro Branches - NIL
* While computing the net increase in number of a/cs, the dormant a/cs, inoperative a/cs & closed a/cs should be excluded.
Notes
Rs 100 only for each SBI Tiny Cards
For any suggestion/advice/please email:ghanshyam.srivastava@sbi.co.in
or call/send SMS on 09431020156
DBD ADVANCE PRODUCTS CAPSULE (AGL, C&I & SIB SEGMENTS PRODUCTS AT A GLANCE
Amount of Loan
Margin & Interest
Disbursement &
Security/ Documentation/
(See Page: Latest Interest)
Repayment
Insurance
Margin 0 to 25%. No Margin The credit card-cum-passbook issued for 3 AB Series documents for total limit incl.
Limit is fixed on the basis of the
Existing borrower-farmers
Contingent needs.
Facility- Agl Cash Credit.
years subject to an annual review.
having good track record for operational land holding, cropping upto Rs 1 lac.
Security: Limit upto Rs 1 lac: Primary
(e-Cir 786 dated 24.12.10)
-To provide adequate and timely support to the last 2 yrs and who require pattern & scale of finance. No
(NABARD: For Investment (TL) purpose 5 years)
Hypo of Crops, Collateral NIL, > Rs
the farmers for their consumption & term
Maximum
limit.
(Now,
limit
is
Cash Disbursal allowed to the full extent of 1 lac-Mortgage of land (e-Cir
Anant Geete committeeproduction credit needs for cultivation of crops, production credit limit of Rs.
calculated on Standard Format)
credit limit.
Notice to be displayed at all
786/24.12.10
purchase of inputs etc., in a flexible and cost 3000/- & above. If satisfied,
Contingent credit need to the
Repayment coincides with the harvest and Personal Accident Insurance upto age
effective manner.
BM may extend the facility to extent of 20% added to peak credit branches i.e. KCC to be
issued within 15 days.
sale of crops and is fixed while fixing D P. of 70 yrs to the extent of Rs. 50000 on
new credit-worthy borrower
death/disability. Rs. 25000 on loss of
limit.
Refer Master e-Cir 09/2009-10.
SBI Life introduce Pension Scheme- Rs25000/50000.
also.
1limb/eye. Prem. Rs.15 (Rs 10-Bank)
Max : 5 times of annual farm income or Farm requirement- 10%
Disbursal in installment as & when needed.
Separate documents a/c wise where
Farmers irrespective of land
2 KISAN GOLD CARD
Sl. Name of the Scheme &

No. Rationales/ Objectives
1 KISAN CREDIT CARD
Eligibility
A Credit Card-cum-Pass Book affixing photograph & affixing the name, address, particulars
of land holding, borrowing limit, validity period
serve as I Card as well as record the up-todate transactions.
-Cheque Book facility for > Rs 25000/-ATM facility now available.
-Lamination of card fee Rs 50 to be obtained
Ref. Circo/CPP/Adv(Agr) 17 dt. 5.9.01 & 204 of
02-03 dt 7.12.02.
a) Insurance & Inspection as to ATL.
b) Sanctioning Authority as per Del. Powerholding with excellent repayment 50% of the value of land mortgaged, Consumption req. restricted to Separate a/c for each purpose with separate repay- stamp not waived (UP).
Facility Agl. Term Loan.
whichever is less subject to max.
30% of overall limit. 80% of limit ment prog. with consent of borrower, subject to max. 5 Collateral-mortgage of land, TD, NSCs, Cirdo/OP&SP/8 dt.19.5.2003.
record
for
last
2
yrs/
closed
a/cs
It is general purpose loan (purchase of
can be utilized for purchase of a/cs at any point of time. Cash disb. allowed as
Rs.10 lacs minus TL outstanding at
adequate surrender value of LIC
c) Annual Review to renew for 1 yr.
without default/ New with sizeable
agl implements, land development,
the time of application. SBI LifeTractor and accessories. Br to KCCRepayment max. 6-7 yrs(ATL). It may be
policies.
Ref. Circo/CPP/AGL/32 dt. 6.12.01,
deposits
in
last
2
yrs/
Good
creditbullock carts, repairing etc) incl. ConPension Plan- Rs 25000/ 50000/ 1 ensure enduse of the fund.
extended to 9 yrs in tractor loan & horticulture orCirco/LHO/CPP/AGL/02 dt. 5.4.02.
worthy borrowers.
sumption needs.
lac
ROI As applicable to ATL.
chards
e-Cir 90/2005-06 dt 27.06.05, 23 dt 15.10.07.
Interest: 2% above SBAR with monthly rest in case of applicant with monthly source of Security: Clean & Unsecured ad-No Plastic/ Electronic card, Spl Pass Book.
3 GENERAL CREDIT CARD -Agri- Objective: To provide hassle-free credit based on cash flow assessment
income. 2% penalty on delayed payment (e-Cir 162/2006-07 dated 03.07.2006)
vance
Business scheme to cover loans for General without insistence on security, purpose and end-use of the funds.
Eligibility: SA loan a/c.6 months satisfactory deposit a/c with us. Not extended Renewal: Account will be reviewed every year and renewed after every 3 years.
Documentation: Standard application,
purpose of our constituents in R/SU brs.
Repayment: Cash Credit nature, however outstanding may be paid in full or min 20% D P Note (COS 228), DPN Delivery let, (Ref e-Cir 37/2006-07 dt 29.04.2006)
to KCC Borrowers.
(GCC is similar to Swarojgar Credit
Nature of facility: Revolving Credit, draw cash from specified br upto limit.
in monthly/ quarterly/ half yearly/ yearly interval. 5yrs
specific arrangement letter.
Card)
Amount: Based on Income & cash flow of entire household max 20% of
Priority Sector Adv: As per RBI Guidelines 100% of credit outstanding upto Rs 25000 Follow up & Inspection: As in ACC/
eligible production loan limit/ or 20% of annual income or Rs 5lacs whichever is per a/c will be treated as indirect agl finance.
ATL
less.
Features of Scoring Model: 1. Simple & timesaving, removing the subjectivity in the appraisal. 2. Provision for different margin, security, interest etc based on marks secured. 3. Risks (100 marks) grouped under two Borrower
Risk (56) and Transaction Risk (44). 4. Branch NPA % in tractor loans is to be factored for arriving at the final score. 5. Hurdle rate is 40. 6. Tractor financing done only under Scoring model and not under KGC.
Eligibility: Agriculturists (Individual or joint), Persons offerings NSC, KVP, LIC, TDs to cover > 60% of loan, are treated as Very Low Risk and Highly Secure. Gold may also be obtained as Security with Controllers permission.
Quantum of Loan: Invoice value of Tractor less margin stipulated as per scoring model. For Repair 1% of Project Cost. Registration & Insurance max Rs 15000/-.
Margin: Score of 8 under item no 1 of Transaction risk 5%, 60 and above 5%, Between 50 to 59 DSCR (1.75), Margin (10%), Below 49 DSCR (2.00), Margin 20%.
Appraisal: On Scoring Model, Calculate DSCR if score is below 60.
Documentation: AB 1, AB 2, AB 3/ 3A, Arrangement letter and Form A/ A1/ A2; Blank and undated HPTer and TTO to be obtained in duplicate, duly signed by borrower.
Disbursement: Loan amount + Margin money to be paid to dealers against the invoice.
Security: Primary Hypo of Assets, Noting of Bank s hypothecation charge in RC Book. Collateral Score of 8 under item 1 of Transaction Risk Security like NSC, KVP, FD, LIC cover > 60% of loan, 70 & above No collateral,
Others Mortgage of agri lands owned by farmer or other tangible security, good for the market value of land owned.
Insurance: Comprehensive insurance of assets purchased, may be waived o request of the borrower on prescribed format. Third Party Insurance is must.
Upfront fee: Loan upto Rs. 2 lacs NIL, Above Rs 2 lacs 1.15% of the maount.
Repayment: within 9 years incl max moratorium of 12 months by HY or Yearly installments coinciding with harvesting and marketing period.
Inspection: Within one month of Disbursement to ascertain the enduse of the fund. Half Yearly Inspection for Regular Loans. Monthly for Irregular loans. Refer Master e-Cir 787/2008-09.
Primary Hypothecation of Tractor &
Sanction of loan should be made in areas
Maximum Rs4 lacs for the pur- 10% of cost of tractors and Repayment 5 to 7 years (may be monthly
5 KRISHI PLUS SCHEME (Substituted by a. Any rural youth below 45 yrs, ,
TRACTOR PLUS Scheme, Instructions
trained in repairing/ maintenance of chase of new Tractors (approved accessories.
where scope for custom hiring is good either
intervals) including a moratorium of 6 months. accessories financed.
here for old loans only)
Tractors/Automobile.
for farm or other sector. A min. 1500 hrs. of
Moratorium may be extended upto 12 months Collateral Mortgage of land posonly) & accessories incl. Trailer.
(For purchase of new tractors and impleb. Small/ Marginal farmer
sessed by applicant or his family
work should be available per year.
Bank advised tractor to be brought ROI As applicable to ATL. by Controlling Authority.
ments only)
c. Applicant a valid Tractor Driv.
irrespective of value of the land or 3rd
Area with good back up facilities for servicing
under Tie-up Arrangement.
- To promote young entrepreneur in rural
License; self driven only.
party guarantee.
the tractor.
4 SCORING MODEL FOR TRACTOR LOAN

The existing Tractor Plus Sch
stands withdrawn.
TRACTOR PLUS SCHEME (Traditional Tractor Loan Scheme,
Tractor Plus Schemes (Tie-up
with Tractor Manufacturers),
Krishi Plus and Rakshak Tractor
Plus are now combined under
one single scheme)
areas for custom hiring.

- To assist Small and marginal farmers both
directly & indirectly.
- To increase lending under agll segment.
Borrower to be insured by SBI Life

under Super Suraksha group scheme.
Only one tractor per village, no. may be raised

by prior permission of CO.
Sl. Schemes
Rationales / Objectives
6 - SBI Mahindra Vishwas & SBI TAFE
Nayaroop Financing of 2nd Hand/ used

Tractors (upto 7 yrs old)
To extend credit to agriculturist for acquiring tractors where borrowers propose to let
out the tractors to other farmers in addition
to own use.
-To enable farmers with smaller land

holdings to mechanize their farms.
-To increase business under agl.
-To small & marginal farmers to provide good quality 2nd hand tractors
7 Financing Power Tillers
8 SCHEME FOR FINANCING SEED

PROCESSORS To assist seed
processors against their receivables due to
them from the seed growers.
Eligibility
Amount of Loan,
Margin & Interest
Credit Process & Repayment
a. Individual Farmers/ Group not

exceeding 3 owing 4 acres (3 acres
for M Vishwas & T Nayaroop) of
perennially irrigated land for below 35
HP & 6 acres for above 35 HP tractor.
b. Min. 600 hrs p.a. cus.hiring.
c. 50% of repayment should come
from incremental income.
d. Standard tractor with min. 3 implements incl. Trailer.
85% of the cost of Tractor and other implements

Margin - 15 % of amount of tractor and implements.
ROI as applicable to agl. Advances.
SBI Mahindra Vishwas & TAFE Nayaroop Special features :
(Ref Circo/ Adv/ 236 of 2004-05 dated 15.12.2004)
Valuation of Tractor & Quantum of Finance Based on price fixed by
the Co. after refurbishing max. Limit Rs. 2.5 lacs incl cost of new implnt.
Margin, ROI, Processing Fee, Security, Documents, Inspection, Descretionery power, Repayment & Insurance As in Tractor Loan
-The S A may reduce margin to min. level of 5%, DSCR : 1.75
Benefits to farmers - Refurbished Old Tractor with warranty by Co.,
Some labour fee charge rebate on spare parts also provided by Co.
Maximum Repayment period 7 years.

Inspection - Quarterly for regular a/cs &
monthly for irregular accounts.
11
Linkage) (Avoid middlemen & enjoy hassle

WTO pact.
free loan with assured market)
AGL. ADVANCES AGAINST GOLD &
Loans for agricultural activities only.
SILVER ORNAMENT.
Age over 21 years.
- To cater the seasonal agl credit need &
Type of Loan Agl Loan by way of
long term needs of farmers against most
liquid assets held in rural areas.
DL/ CC/ OD/ TL (e-Cir 437
15.10.07)
PRODUCE MARKET LOAN To provide liquidity to farmers to

avoid their distress selling.
Refer Master e-Cir 122/ 25.05.2009.
12
SCHEME FOR FINANCING SETTING

UP OF AGRI-CLINIC & AGRIBUSINESS CENTRES BY AGL.
GRADUATES. (Direct Agl Finance
under Priority Sect)
Tie-up with M/s Mahindra & Mahindra

TURBOSAPNE in Patna Circle to avail benefit
of discount in price to farmersMargin reduced to 10%, Discount of Rs. 3000,
Proc./Upfront fee waived.(Collateral : 50%)
Warranty of 2000 hrs running, Sanction of loan
within 15 days. (Max. 10 vehicles)
Tie-up Tractor loan outside service area also for
non defaulters.( Min DSCR : 1.75%)
ROI- above 2 below 5 lacs 11%.
to outstanding loan incl interest on decreasing cover) Borrower may be insured by SBI Life
Ref. CirCo/ Adv./195/2003-04 dated 20.10.03
Premium : Single premium on outstanding loan amt. under under Super Suraksha Scheme.
And CirCo/ Adv./281/2002-03 dated 18.02.03.
Security - As above
Documentation AB 1 (Hypo.
Agreement), AB 2 (Deed of
Gr. Creditor Protection Sch for Tractor Loan for Guarantee), AB 3 (Mortgage
new & existingBorrowers from SBI Life against
Deed), Form 20,29 & 30.
death due to any cause- Special features are
Insurance Comprehensive or
Entry Age: 18-55 yrs (Max. age coverage 60 yrs)
3rd Party if consented by borTenor of Loan : 12 to 84 months
Sum assured: Min Rs. 10000 Max. Rs. 5 lacs (equal rower.
Eligibility: Farmers or a group of not more than 3 farmers owning 2 acres of perennially irrigated land. Farmers with lesser land may also be obtained if DSCR > 1.75, Income from Custom hiring adequate, farmers adopting intensive cultivation practices.
Loan Amount: As per Invoice less margin.
Security: Loans upto Rs 50000 Primary: Hypothecation of assets purchased by bank finance. Collateral Nil. Loans > Rs 50000 Rs 2 lacs: Primary As above, Collateral EM of land upto 50% of loan or one Third Party Guarantee good for amount or
Liquid atleast 50% of loan. Loans above Rs 2 lacs: Primary as above, Collateral: EM of land atleast 50% of the loan amount.
Repayment: 9 years with 1 yr as gestation period.
Processing / Upfront fee: Waived upto Rs 2 lacs. Interest; As applicable to ATL
Insurance: General insurance of machinery financed. Comprehensive insurance where registration of trailer with RTA is necessary. Insurance may be waived on request of borrower on specific format.
Other features: 1. Concession to Borrower from Tilller Company. 2. Rejection of application by Controller only. 3. Time for sanction: 2 weeks. 4. Finance only certified Tilller approved by Bank.
Eligibility: Unit with good reputation & credit worthiness. Holding valid license from concerned State Dept of Industries for installation of seed processing plants. Valid certificate from Seed Certification Dept. Doing business for last 3 yrs. Having receivables
from the farmers and posted profit in last 2 years of operation. Facility: ACC (Hypo of receivables not older than 6 months). Loan Amount: Need based ACC limit min Rs 2 lacs, without upper ceiling. Interest: 1% < SBAR for limit Rs 2 25 lacs, Above Rs 25
lacs Pricing on CRA. No discretion in concessions in int to Circle functionaries. Margin: 40% of value of receivables. Repayment: Within maximum period of 6 months for each crop season i.e. Rabi & Kharif. Security: Primary- Assignment / Hypo of receivables, Collateral- EM worth 1.5 times of limit. Documentation: AB 1 (Hypo Agree), From E (Gur Agree), D P Note & Delivery letter, Letter of Arrangement. Marketing Tips: High Value adv with lower transaction & supervision costs. Huge unexplored & untapped potential. High recovery rate in Seed Industry advance. Cross sell other products to these borrowers. (Indirect Agl Finance)
(Ref e-Cir 58/ 2006-07 datd 10.05.2006)
(NB: This scheme has similarity with Arthias Plus Scheme)
9 SCHEME FOR FINANCING DIVERSI- Owner cultivators, sharecroppers

and tenant cultivators registered
FIED CROPS UNDER CONwith Contract Farming Cos. &
TRACT FARMING.
identified by the bank.
(Good example of Forward & Backward
-MNC are taking Interest in India after
10
Security / Doc / Insurance
Scale of Finance prescribed by

DL/ SLTC, 10% increase in deserving cases, 25% by CO.
Now Spl scale by CM (CSC).
For more details refer Master
e-Cir 51/ 2009-10.
KCC depending upon total

land holdings and cropping
pattern.
Loan outside the service
area also. Payment to
farmers through Bank.
DL in multiple of Rs. 5 min. Rs. 50.

Valuation of ornaments based on
weight & fitness of gold.
For more details refer Master eCir 29/ 2009-2010.
Minimum 25% to 30%.
Extended to only those farmers

who have availed crop loan from
the branch.Direct agri lending
Now non-borrower farmers
also.indirect agri lending
Max. Rs. 50 lacs** or 60-80% of

value of produce whichever is less
(PS Advance). Value on market or
min support price whichever is less.
(e-Cir-119/08.05.13)
Margin: 20-40%
ROI as applicable
Style of Account ACC
Repayment in 6-12 m
Agl. Graduates in allied subjects like

horticulture, dairy, animal husbandry, sericulture, agl engineering,
forestry, poultry & other allied activities from State/ Central Universities
(e-Cir 769/ dt 17.02.2010)
Outer ceiling for the cost of

Project by individual 20
lacs, by groups of agl graduates- Rs. 100 lacs.
Margin Min. 15 25%

(Waived < Rs 5 lacs)
(e-Cir 876 dated 19.01.2011)
ROI analogous to the rates

applicable in case of direct
agl finance.
ROI As applicable to
Direct Agl Advance.
Win-win situation for all 3 parties- Farmer

(Assured market, tech.guide, quality seed &
pest., better price), Company (No investment on
land, quality product, backward market integration), Bank (Low cost, high value, selfliquidating & secured advance in bulk)
As crop loans to farmers will be Crop loan may be granted to person availing
tie-up with large corporate/MNC ATL from other agency. Take over of Crop loan
upto 2 lacs. 80% loans against 1 month receiv-
collateral waived upto Rs. 2 lacs. ables.Each contract farming Co. sign MOU with
After obtaining self declaration the Bank.

FAO defined Contact Farming as Partnerof No Dues, if no response
within 15 days of letter to Fis. ship with Growth
Generally, 30% margin is retained
as in case of default the security
margin does fall below 25%.
The Bank circulates valuation of the Gold and

Silver time to time.
Ref. Circo/ Adv/ 27/ 2003-04 dated 03.01.04
More details refer e-Cir 437 dt 15.10.07.
Master e-Cir 29/2009-10.
All Circles are now permitted to take exposures

of upto Rs 3.00 crs except Hyderabad Circle (Rs
7.50 lacs)
-Hypo of stocks if stored in farm

-Mortgage of land for value >50000
-For Cold storage/WH Receipt
assignment in bank favour.
Inspection- once in 2 months for loan < Rs

25000, Monthly for loan above Rs. 25000/Insurance If value of stock exceeds Rs.
15000/-, full cover.
Depending upon the cash flow, Repayment: Within

5-10 yrs incl 2 yrs with grace period.
Borrower identified on technical & managerial
capabilities to manage the project successfully.
Security Waived < Rs 5 lacs
The scheme is formulated by NABARD

for setting Agri-clinics or Agri-business
centers by Agl grad. & also supplement
sources of input supply & services to
needy farmers. 100% Refinance.
-Genuineness, purity and intrinsic value, correct

weight and no. of ornaments to be ensured before
disbursement.
Repayment - To coincide with harvesting time.
(Ref CC ABU/ PS/ 16 dt 29.09.04)
Ref Cir. Circo/adv/235/200405 dt 15.12.04
Sl.No. Name of the Scheme

13
14
15
Disbursement & Repayment
Security/ Documentation/
Insurance
Repayment depending upon Cash flow, ordinarily

11 yrs incl. 1 yr grace period.
Bank to ensure technical feasibility, financial viability & bankability of Scheme
Time limit for completion of Project from the date of
sanction 15 months.
Farmers keeping produce in godown are eligible for
pledge loan as per RBI direct. 75% of value, max5 lacs, for 12 month
Special Features of Scheme.

Cir. Circo/Adv/95 dt. 20.7.02, 47 dt. 3.6.03.
Creation of new capacity of 18.5 lac ton & renovation 1.5 lac ton in rural storage
Scheme is implemented by MOA in collaboration with NABARD & NCDC.
NABARD releases subsidy to projects financed by Banks.
NCDC releases subsidy for renov./expansion by Co-ops. assisted by them.
Subsidy Utilisation certificate to be issued by the Bank after full use.
Sch. Provides credit linked back-ended capital investment subsidy @ 25% of
project cost with a ceiling of Rs. 37.50 lacs ( 50 lacs for SC/ST/NE/Hill area)
Construction of godown as per CPWD/ PWD specification- ventilated, protected
from rodents, birds; pucca internal road, proper drainage, theft & fire control etc
Farmers, tenants and sharecroppers

having 2-hect unirrig. Or 1 hect.
Irrigated land in own name & landless labourers provided they are
existing borrower of atleast 2 yrs
good record.
Max: Rs. 5 lacs as ATL excl dev
Min. 15% of total investment

cost.
Gestation Period of 6 m to 2 yrs depending on

quality of land for cultivation.
Repayment in max. 9-10 yrs after expiry of gestation period. Installments fixed on harvesting/ marketing of crops
Loan will be secured by way of

mortgage of land to be purchased by
bank finance.
Economic viability of each proposal to be

worked out separately taking local conditions
& proposed crops.
Discretionary powers for the sanction of loans
as per extant instructions.
Co-operative, Companies, Corporations, Partnership and Proprietary

firms, APMC, Agro Industry Corporation.
Project cost depend upon capacity, technology used & arrived on invoice price of machinery & cost of architect technical feasibility/ financial viability
norm of Bank/ NABARD. WC
without limit. But, Max 20 lacs
against warehouse rec.
Repayment period depends upon cash flow & upto

9 yrs incl grace of 2 yrs.
Quantum of Subsidy- 25% of P.C. max. 50 lacs,
33.33% max. 60 lacs in NE Reg.
No Interest on Subsidy portion.
Refinance 90% of amount.

NABARD releases back end-ed
subsidy to the financing bank on
submission of commissioning certificate
NHB (National Horticulture Board) monitor

the progress of the sch.
Usual terms & condition for refinance continued to be applicable.
Cir. Circo/Cppc/Agr/107 28.11.2k
LAND PURCHASE SCHEME FOR

SMALL AND MARGINAL FARMERS.
- To enable small/ marginal farmers to
consolidate their viability in their operations & development of waste & fallow
land holdings to attain economic consolidations.
FINANCE FOR COLD STORAGE

- To minimize post-harvest losses to
farmers especially small & marg, a new
capital investment subsidy sch for construction/ expansion of cold storage is
introduced by GOI.
Treated as Indirect Agl Finance under
Priority Sector.
MSTP (MILLION SHALLOW TUBEWELL

PROGRAMMME)
Type of Facility - ATL
- To bring additional 20 lacs hect agl land
under irrigation within 5 years.
- To bring more area under field crop.
- Increase yield thru assured irrigation.
- Provide employment & social upliftm.
Margin & Interest

25 % of Project cost.
20%-SC/ST& North-east
borrowers.
ROI- As per RBI directives
issued time to time. No
interest on Subsidy portion.
Proprietary & Partnership firms Cooperatives, Companies, APMC,

Agro Industrial Corpn.,
NGOs, Group of farmers, SHG
Individuals, Market Board etc.
Subsidy for renovation/ expan. Of
rural godown available only to Cooperatives.
Pvt Warehouses for on-lending to Farmers (Indirect Agri Finance)
Amount of Loan
Loan available on capital cost of
godown only, Bank may finance to
consumer shops, agri-clinics, packaging, ware-housing etc, but no
subsidy;
Value of land not exceeding 10% of
project cost from part of owners
contribution.
For more details Refer Master eCir 147 dated 05.06.2009
CAPITAL INVESTMENT SUBSIDY

SCHEME FOR CONSTRUCTION/ RENOVATION/ EXPANSION OF RURAL
GODOWN Or
GRAMIN BHANDARAN YOJNA
- Create scientific storage capacity in rural
areas for storing farm produce, prevent
distress sale, promote pledge financing &
marketing credit, introduce a national
system of warehouse receipts in agl
commodities.
16 Scheme for Financing Pvt Cold Storage/
17
Eligibility
NABARD extended this

scheme up to end of 10th 5 yr
plan- 31.03.07.
charges Investment on land

dev/ irrg facility max. 50% of
cost. Crop loans by ACC/ KCC
to be sanctioned to meet crop
cultivation expenses.
ROI As applicable to ATL.
25 % for Term Loan.

Value of land <10% of the
project cost.
ROI- < 2 lacs= <PLR,
> 2 lacs = < PLR+1%.
Refinance amt-8.5%
For more details Refer Master e-Cir 147 dated

05.06.2009
Purpose: For financing pvt cold storage/ warehouses for on-lending to farmers against agl commodities stored there. Eligibility: 1. Promoters are persons of good repute and integrity. 2. Storing capacity > 5000 MT. 3. Should be in good running conditions &
registered post-tax profits for last 3 yrs. 4. Conducts of all a/cs satisfactory & SA. 5. New one may be financed provided controller satisfied about promoters integrity & projects viability. Assessment of Credit limit: Limit 60% of the operating capacity or 60%
of the avg value of produce stored during last 12 months whichever is lower. Disbursal to the extent to 60% of the value of stored produce & belonging to farmers to whom on-lending has been done by the cold storage/ warehouse. No loans on > 6 months
WHR. Amount: Minimum Rs 25 lacs, Maximum Rs 100 lacs. Security: Primary- NIL, Collateral- EM of warehouse/ cold storage, collateral value should be 100%. Personal Guarantee of partners/ proprietor/ directors. Interest on CRA as applicable to Agl
adv. Units of SB4 & below should not be financed. Documents to be drafted by Corporate Law Dept. Renewal every year subject to satisfactory conduct of facility. Repayment: CC a/c should be brought into credit balance by the end of November each
year till next season. Inspection: Pre-sanction Inspection must. Post-sanction inspection monthly. Insurance: Full value of Building & stored produce by owners & bank to keep policy on record. Sanctioning Authority: Clean advance, thus sanctioned by
CCC II or CCC I. Other features: 1. S S of WHR signatory to keep in bank record, 2. Warehouse/cold storage as per NABARD norms, possess proper license and fitness certificate. 3. Company owned house to follow prescribed norms. ( e-Cir 592 dt
20.3.6.)
Back ended Subsidy (30%) & Loan
20% of the project cost.
Borrowers Non Cash contribution- sinking of well,
Security- Hypo. Of assets purchased DRDA is nodal agency to implement,
- Non-defaulting farmers from all
(50%) components i.e.80% of the
ROI- As applicable to ATL
arranging filler material etc., will take care of
by Bank Finance.
categories having min command
monitor & review the scheme & release
project cost may be sanctioned &
presently wef. 01.01.04 Margin.
Doc. Arrangement letter, Form
area of 2.5 acres.
subsidy. Dept. of MI is to specify technical
AB1, AB2 (if guarantee), PDR Ann.
Disbursed.
<50000 9%, >50000 2 lacs
Maximum flexibility for repayment period to ac- Farmers having large holding
parameters & installation. NABARD formuC (If AB2 not containing PDR Act
9.75%, 2 5 lacs 10.25%,
commodate all borrowers. Repayment 11 yrs incl.
late scheme with SLBC.
desire more tube well points.
Gestation 11 months
clause).
Borrowers who had already availed
>5lacs 11.75% (Circo/ Adv/
- Availing only pumset not allowed.
BMs are primarily responsible for
subsidy under other GSS also
279/ 2003-04 dt 16.01.04)
launching.
eligible.
(This is Planning Commission ProPump may be used for threshing, haulject)
ing etc in lean period.
18 OFWM ON FARM WATER

MANAGEMENT.
Type of Loan ATL.
Purpose as above
All non-defaulting farmers, preferably

small, marginals, SC/ST.
- Availing only pumpset allowed.
(This is Central Agr Dept Project)
Funding 20:30:50 as MSTP. Subsidy back ended. Unit cost recommended by State level unit cost committee.
ROI- As per extant guidelins of RBI from time to time.
Gestation- 6 to 23 m, Repayment- 5 to 9 yr for Bihar,

12 yrs to Jharkhand fixed on capacity of the borrower.
Security- As per RBI guideline 2nd

Instalment for purchase of pumpset
after verification only.
No stipulation of min. land holding.

Command area depends upon crop pattern,
method of irrigation, water requirement.
-Also in UP & 6 NE States
Sl. Schemes & Objectives

19 ARTISAN CREDIT CARD
20
Eligibility
-Min. 60% under simple scoring

To provide adequate and timely credit to
model
artisans to meet their requirements of WC
-Thrust to clusters/ SHGs
and investments in a flexible manner & at
-Preference to Regd artisans with Dev
reasonable interest.Target Artisans in
Commissioner (Handicrafts)
handicraft sector not covered by GSS.
-Existing Borrowers with limit < 2 lacs
and satisfactory track record.
SGSY SWARN JAYANTI GRAM SWARO- -Rural poor incl. SF, Landless labourer, Rural Artisan, Disabled.
JGAR YOJNA.
Launched on 01.04.99, Poverty in 73-74
-Families in BPL list prepared by Gram
Sabha with Block, Bank & Sarpanch
56.44% came down to 26.10% in 2K-01.
-To bring the poor family above poverty line and approved by Dist. SGSY commitby ensuring sustained level of income over a tee.
period of time.(In 3 yrs>Rs2000 pm
-Targets: SC/ST 50%, Women 40%,
-To organize rural people into SHGs by the Disabled 3%. Norms of lending No
process of social mobilization.
ceiling, finance on unit cost by NA-To train income generating assets.
BARD (agl) & Dist SGSY Com (SIB).
21 SGSRY SWARN JAYANTI SHAHRI
ROZGAR YOJNA.
-Poverty eradication in urban area launch-ed
in 1997 replacing SUME & PMIUPEP.
-Assisting urban poor men/ women for
setting up gainful employment.
Ref Master e-Cir 58/ 2009-10.
22 SELF HELP GROUPS
Prof Md. Yunus (1976) experimented the

concept in Bangladesh. Kallia Committee
recommended, NGO adopted in 1987-88,
NABARD & SBI implemented in 91-92 & 9697 respectively
-Concept based on THRIFT, CREDIT &
SELF HELP. Rural poor have the potential to
save small amounts and inherent quality of
helping thru mutual trust & active
Participation.
23 SHG Credit & SHG Gold Card

R : To provide hassle free loan to
SHGs for internal lending for cousumtion and economic activity.
- To enable SHGs & its members to take
up micro-enterprises/ economic activity
Amount of Loan, Margin & Interest
Security / Doc / Insurance
Facility A Cash credit limit with photo ID card with name, limit &
validity and a Pass Book.
Amount Maximum Rs. 2 lacs. Assesment to be made under Nayak
Com norms with simple scoring model (min score 60%)
Margin upto Rs. 25000 : NIL, > 25000-2 lacs : 20%
ROI Upto 50000/- 1.75% below SBAR, over 50000 0.75 < SBAR
Repayment The portion of limit for purchase

of tools etc within 3 years. The rest revolving
CC to be reviewed every year but valid for 3 yrs
subject to satisfactory conduct of account
Primary Hypo of assets financed

by Bank
Collateral NIL
Documentation Composite Loan
Agreement
Prcessing fee As applicable to SSI Segment,

but no charge in renewal/ review.
Special features New unit can also be
financed. Beneficiary regd with Dev Com
(Handicrafts) cover under Gr Guarantee Sch
(premium paid by Govt & Unit in 60:40 ratio.
Revised guidelines on Loan & Subsidy (e-Cir 628 dated 09.12.09) Financing Pattern Urban Self Emp Pr Urban Women SHG
Max Project Cost
Rs 2 lacs
No Max limit
Maximum Subsidy
25%, max Rs 50000 35%, max Rs 3 lacs/
60000 per person
Beneficiary share
5% as margin
5% as margin
Collateral
NIL
NIL
Subsidy Back ended, Gen. 30% max. 7500, SC/ST- 50% max
10000, Group-50% max. 1.25 lac, Irrig. Project-50% no ceiling
Cash disbursement upto 10000 according to nature of

the activity. Swarojgari to obtain assets within one
month from the date of disbursement.
Back ended subsidy in Current Account in SGSY
Subsidy Reserve Fund Account.
Repayment in 5-9 yrs depending upon acti-vities with
moratorium 6 to 12 months.
Primary- Hypothecation of assets. No

collateral upto Rs 1 lac for Individual,
upto 10 lacs for Gr.(e-Cir 395/ 11.9.9).
But 3rd party Guarantee is obtained.
GIC insures live stock in Master Policy.
Insurance-10000 for accidental death
of Swarojgari (age 18-60 yrs), 5000 on
natural death is paid to nominee.
Scheme is funded by Central & State in ratio

75:25. Emphasis on Group financing (75%) rest
25% to Individuals. Covering all families in 5 yrs,
30% each year each block enable the loanee to
cross BPL within 3 yrs through multiple financing & generating 2000 p.m. after repayment of
loan.(Insurance 50 : 50)
Prime responsibility of the Bank to monitor
grounding, income generation & recovery of the
advance sanctioned within service area.
-Employed/ Un-employed urban youth Maximum Rs. 50000/-, Margin 5%, Subsidy 15% max. 7500/-.
Intt will be charged on the loan component only. Documentation- Arrangement DWCUA Under sub-scheme- assisted poor
irrespective of age residing for at least Selection by Local Urban Body.
Disposal of application- loan < 25000- 15 days, letter, PDR B, Letter of consent urban poor women (min.10) form a group for
3 yrs in city. Income- Below State
In partnership, higher project cost may be considered, each partner
>25000- 8 to 9 weeks. Training of beneficiary cum-guarantee & hypothecat., self-employment venture. Group should be
BPL.
shares upto 50000 and subsidy upto 15% or max.7500/ partner.
homogeneous, possessing a spirit of togetherDev Agency of Govt is must before disburseIndividual loan agreement and ness, similar socio-economic character, mutual
- Family identified on the basis of
Backend subsidy with lock-in period of 2 yrs. Amt of subsidy may be
ment.
Independent kitchen.
adjusted for default loan only at the time of closure of loan. In case of
understanding and trust.. Gr set up as a thrift
Repayment within 3-7 yrs with gestation of 6-18 an Inter-se-Agreement exeTarget Gr.- SC/ST- in proportion to
mis-utilisation of loan subsidy may be refunded.
and credit society. No ceiling on project cost.
cuted
by
members
of
the
Gr
for
m depending upon activity & income generation
pop-ulation, women-30%, DisableRBI, Sept 04 - Subsidy Reserve Fund A/c will earn int as SB, which
Loan upto 50% of project cost, margin 5%.
carrying common activity
capacity.
3%.
may be adjusted against last few installment of the loan
Subs--50%/1.25lac+25000 revolv @ 1000 p B.
Definition-SHG is a small, homoge- Agency involved in SHG Movement a. NABARD- Policy support,
Stages of SHG Development- Forming ( 0-2
Group assistance min. 6 months of formation of Gr. Security- Primary, Collateral &
nous affinity group of rural poor
refinance and training, b. Banks- Credit support, c. NGOs.- Promotion, Recovery % is very high due to peer pressure of Gr. Personal and Gr. Guarantee.
months), Storming (3-4 m), Norming (4-5 m),
comprising Agl lab., small & marginal nurturing and linkage of groups with banks, financial intermediation,
Refinance by Nabard 100% of outstandings.
Documents for direct linkage- Inter-se- Functioning (6-12 months of Gr formation).
farmers & micro-enterprises, which is training to SHG members & functionaries d. TRAINING INSTITUTE
Loan as TL or CC but business shown in AGL.
Agreement, Appl form, Article of
Banks work as mere spectator during forming,
voluntarily formed. It can be formal or Conducting training prog for their staff & undertaking studies.
Agreement, NGO-letter.
Observer in Storming, Financier in Norming &
informal. Members save & contribute Amount of Loan- Max. 4 times of SHG Fund. Fund incl. Savings,
Incentives to Regd NGO (min 3 yrs old) Rs 750 as Doc. For Finance through NGOsCollaborator/ Financial Advisor/ Friend, Philoto a comm.-on fund from which small penalty, donations, interest, loan, and other income.
spher and guide in functioning stage.
a. 50% on formation of SHG & opening of a/c with us. Application from NGO, Article of
loans are met to the needy members Exemption of collaterals- Rs 5 lacs (industry) & 1 lac (Service&Bus) b. 50% after 3 months of Credit Linkage. Incentives to Agreement.
Beyond service area, approval of controller
as per group decision.
not required.
Interest- As applicable in AGL segment, ROI 1% less when financed be granted by GM. (CC Ref MF/NGO/2 dt 25.10.05) Del .of Power SMG IV : 5 lacs
No. 10-20 ( may be reduced to 5 in
to NGO (who may charge max. 1.5%+)
Subsidy- PMRY: Rs 15000 per member,max 1.25 lac (SGSY)/ 3 lacs (Bank), III : 4 lacs/ 3
Hilly, Tribal area/ Disabled/ Minor
lac, II : 2 lacs/ 0.75, SAB 1lac/ 0.5 lac
SBI is 1st commercial Bank to assign the status of Self Help ProIrrigation
moting Institution (SHPI) by NABARD.
Eligibility: All matured SHGs having a. developed proper group dynamics; b. reached 3rd level of credit linkage and enjoying credit limit of Rs 50000, c. regular repayment, and d. At least 2 literate members to operate the a/c. Credit Limit: Maximum 4 times
of SHG corpus. Higher loan may be considered on viability of the proposal. Margin: Gr corpus treated as margin. Security: Hypo of assets created out of loan. Documents as in SHG. Validity: 3 yrs, subject to satisfactory annual review. Insurance: as per
banks norm. Issue of Card: Both cards contain details of group, their a/c, authorized signatories, names of Gr members. Cards issued alongwith passbooks free of cost. Other features: SHG Credit Card 1. Limit Min Rs 50000. 2. Facility CC. 3. SHG
can withdraw upto eligible limit to be reviewed annually. 4. No cheque, Drawal by slips. SHG Gold Card issued only for carrying economic/ income generating activities 1. Limit Min Rs 2 lacs. 2. Facility TL, repayment as per economic activity.
For more details refer e-Cir 331 dated 13.09.2006.
Microfinance has been recognized as an effective medium for Financial Inclusion and SHG-Bank Linkage model of microfinance has been accepted not only a successful vehicle for delivery of credit to the poor but also as viable proposition for thr Banks.
Definition of Tenant Who takes a lease or holds land from other and is liable to pay rent for the piece of land. Oral lessees: Tenancy without legal sanction and permission or written agreement. Sharecroppers: Tenant who pay rent to landlord by sharing
crops. JLG Joint Liability Group: An informal group comprising preferably 4 to 10 individualsengaged in similar economic activity like crop production, coming together for purpose of availing bank loan either singly or through group mechanism against
(Direct AGL Finance under Priority
mutual gurantee. Criteria for selection of JLG Members: 1. Members having similar socio-economic status and background carrying out farming activity and agree form a JLG. 2. Gr organized by like-minded farmers not imposed by Bank. 3. Residing in same
Sector)
area should know and trust each other. 4. Engaged in agl activity > 1 yr within area of operation of the branch. 5. Not be defaulter of any FI. 6.Only one member from a family. 7. Active member to ensure leadership role. Size of JLG: Preferably 4 to 10 may
R : To augment flow of credit to tenant be considered upto 20. Formation of JLG initially by our staff, if not engage Business Facilitators, Individual Rural volunteers or NGOs giving incentives. Subsequently, discuss the Banks regulation, lending process, principles of SHG, Group cohesion &
& small farmers forming JLG.
dynamics. State Agl Dept may also form JLG and provide techno-help like soil testing, market information etc. Savings by JLG: Voluntary, encourage to open an indvidual No Frill a/c under SBI Tiny. JLG choosing savings and credit operation both through
- To extend collateral free loans to JLG
group mechanism, SB a/c will be in name of JLG operated by 2 members. 2 Models of JLG: Model A Financing to Individuals, all to execute one inter-se agreement (making each jointly & severally liable for repayment of all loans taken by all individuals in
- To build mutual trust & confidence the JLG). Model B Financing to Groups. One loan with combined credit requrirement of all its members. Critical Factors in JLG: 1. Concept depends heavily on mutual trust within Gr and on peer pressure for repayment of loans. 2. Quality of leadership is
between Bank & tenant farmers.
important for sustainability of Gr. 3. Single purpose, not multifunctional Gr. Credit Assessment: Model A JLG prepares a Credit Plan of its individuals and an agreggate. Bank assess on type of crops, size of land and credit absorption capacity of the indvidual. Model B JLG undertakes savings apart from credit and maintain books of accounts, grading by Bank on basis of performance. Quantum of loan not linked with the Groups savings as in SHG, but on combined credit needs of individuals. Purpose:
Crop production, consumption, marketing and other productive needs. Facility: ACC, ATL or KCC depending upon purpose. Loan Amount: Max Rs 50000 per indvidual both under Model A & B. Interest: As applicable to SHG. Margin & Security: Margin as per
usual norms. Mutual Gurantee, no collaterals. Documents: Model A DP Note & DPN Delivery letter, JLG 1,2.3 & 4. Model B As applicable to SHGs. Crop Insurance by NAIS (National Agl Insurance Scheme) Rastriya Krishi Jama Yojna to all farmers
growing notified crops in India. Ref e-Cir 451 dated 29.09.2006. In appraisals points to be recorded: 1. Written/ oral arrangement of tenant amt, crop share, lessee amt with landlords to be ascertained. 2. Period of lessee, tenancy & share
cropping. 3. Economic viability to be established on expected ability of the farmer to produce, avg slae price of last 3 yrs & amt to be paid to the landlord o/a of tenancy/ lessee/ crop share & other liabilities. (Refer e- Cir 289/ 03.08.2009).
Security/Document/Insurance
Sl. Schemes/Rationale/ Objectives Eligibility
Amount of loan, Margin and Interest.
Appraisal, Disbursement & Repayment
24 Financing Joint Liability Gr

(JLG) of Tenant Farmers
25 ARTHIAS PLUS Indirect Agl Finance
-Commission agents enjoying good

reputation and holding a valid license
from the market yard & doing business for the last 3 years.
-agents having receivables from
farmers only.
26 DAIRY PLUS SCHEME
-Individual member of Amul Type

society -Age below 65 years with min.
Individual Dairy < 10 animals min 0.25
acre land per 5 animals for growing
feed & able to procure balance locally,
> 10 animals 1 acre own or lease land
per 5 animals. (e-Cir 579 dt 14.03.06)
- To finance commission agent against their

receivables from farmers.
- To increase lending under priority sector.
- Good Backward & Forward Linkage
-To finance milk producing societies/ dairies

(Amul Type) for acquiring high yielding milch
cattle, milking machine & Mechanical chaff
cutter.
TYPE OF LOAN- ATL.
27 DAIRY SOCIETY PLUS

Objectives: To finance dairy societies for
modernization purposes Construction of
Milk house or Office, Purchase of automatic Milk collection system, Purchase of
transport vehicles & Purchase of bulk
chilling unit.
28 BROILER PLUS To farmer for
construc-tion of broiler sheds & for

broiler farming
29 Commodity Backed Warehouse
Receipt Financing. (Background
Trading Rs 1 lac cr p.m. in exchanges
like NCDEX & MCX. Increased acceptance of accredited WH. Margin guard
market risk.
30 CYBER PLUS As a steps towards
building the technological gap between the
urban haves and the rural have-nots, to set
up internet kiosk
s/ cyber caf at potential rural & semi-urban
centres. ( Since withdrawn)
Primary- Hypo. Of receivables &

movables incl stocks, if any.
Collateral- E.M. of other than agl
property in name of B or G (1.5
times)Doc. (As in SIB)- Agr. For CC
(Form L), Guarantee Agr, DP note
and take delivery letter, Arrangement letter.
Total amt of loan at one time Rs. 5 lacs based on repaying cap of Bor. Repayment- in 5 years in monthly install. With gestation Security-Hypo of asset by Bank
Loan may be disbursed for purchase of animals, milking machine,
max. 6 months. ( DSCR 1.75)
Collateral- <Rs.1 lac= nil, above 1
Tri-partite arrangement letter by Bank, Borrower & lac = Mortgage of land, 3rd P G or
construction of sheds, chaff cutter etc within overall limit of Rs 5 lacs.
WC Limit for feed, fodder & medicine @ Rs 2500 per animal p.a. along Society to be obtained. Payment to be made by the Guarantee by other Borrower.
with Term loan.
society direct to the branch for loan a/c.
Margin- < Rs 50000 NIL, > 50000- 5 lacs = 10%
Refer Master e-Cir 148/ 2009-10.
ROI As applicable to direct ATL.
Type of loan Cash Credit (Hypo. Of of book debt not older than 6
months)
Margin 40%
Quantum- Maximum Rs. 50 lacs.
ROI (Monthly) Under AGL/ SBF- Upto Rs. 2 lacs 0.5 below SBAR,
> 2- 10 lacs SBAR. Under C&I- >10-<25 lacs- 11.60% p.a. based on
credit rating, 1.10% to 2.5% over SBAR.
-To be liquidated within 6 months.

-If the applicant of other bank, he should close the a/c
before disbursement.
-Borrower should be sound financial standing.
-Statement of eligible receivables to be obtained at HY
intervals and verified from book of account or audited
FS.-Review & Renewal-At end crop season
-Application & Assessment- as in trade adv.

-During cropping season, Agents/ Arthias
support the farmers both in kind and cash to
meet their needs and at the time of the harvest
of the crop, they help the farmers sell their
produce. The sale proceeds passes thru the
Com agent, loan of the farmers adjusted first.
Advantages- Bulk financing, trouble free
quality product for dairy farmers.
Loan for cultivation of fodder may be given to
each individual as per SOF (Scale of Finance).
Ref. Circo/adv/86-26.6.03, DB/agl/274-3.7.03.
Pre-requisite: Society has necessary borrowing powers and resolution to avail loan from SBI. Eligibility: 1. Regd Milk Society with A grade in last audit. 2. 1000 litres supply of milk to Milk union per day. 3. Audited Balance
sheet of last 2 yrs. 4. Pre-tax profit of last 2 yrs. 5. No dues certificate if any loan. Facility: ATL Classification: Indirect Agl Finance. Amount of Loan: Based on Project cost, but max 4 times of avg profit of previous years. Subceilings are 1. To construct Milk house/Office Rs 2 lacs. 2. Purchase of automatic milk collection system Rs 1 lac. 3. Purchase of Milk transport vehicle Rs 3 lacs. 4. Bulk chilling unit Rs. 4.00 lacs. Margin: 15%. Appraisal: No separate appraisal as loan is linked to pre-tax profit of the society. Security: Primary Hypo of assets created out of Bank Finance. Collateral Mortgage of landed property or Guarantee of Milk Union. Repayment:
60 EMIs with start up period of 6 months. Documents: As applicable to ATL, Tie-up arrangement with Milk Union and an undertaking from them to deduct & pay installment. Application, Discretionary powers, Interest, Insurance &
Inspection As per extant instructions. (Source: SBI Times)
Experience of running poultry,
having a source of potable water
(Contract farm)
ATL < Rs 3 lacs per 5000 birds. Max Rs. 9 lacs. Rearing Period:7 week Margin < Rs. 50000 Nil, 25% > Rs. 50000.
DSCR: 1.40 (SBI Times)
Disbursement in stages for sheds, For equipment direct to Supplier. Repay 5 yr, Moratorium 6 month
Security - <Rs 50000 : Hypo of assets by Bank Finance, > 50000 : Hypo of
assets + EM or RM of land of Shed & other infrastructure to cover min 50%
value of advance
Purpose: To finance traders against warehouse receipts of CWS/SWC warehouses accredited by MCX. Eligibility: Any traders dealing in commodities. Amount of Loan: Demand loan or (Cash Credit) 75% (70%) of the market value of warehouse receipt
or 80% (75%) of min support price declared by State/ Central Govt, whichever is lower. Cash Credit for limit Rs 1 cr & above. Margin: 20-25% (as above). Interest: DL< Rs 10 lacs - 0.50 below SBAR, > 10 lacs 0.25% below SBAR. C C 0.25% > SBAR
min 13%. Based on competition & strengths of proposal, ZCC may reduce 25 bp (10 25 lacs), 50 bp (> 25 lacs). Processing charges: CC- Rs 300 per lac, DL Nil, when sanctioned & disbursed, otherwise Rs 300 per lac. Comprehensive Insurance, cost
born by Borrower. Security: Primary- Charge over warehouse receipt endorsed in fav of bank. Collateral- Personal Guarantee. Repayment: Self-liquidating, as & when produce sold not exceeding 12 months. CC on demand. Moratorium: None, Int as &
when due would be payable. Other features: Branch to verify the authenticity of the receipt and get its lien noted with warehouse before disbursal. Inspection of commodity before disbursal & subsequently at 3 months. Margin shall be topped up on fortnightly
basis (Immediate topping if price move > 10% in opposite direction). (Ref e-Cir 574/ 2005-06 dated 10.3.06, revised vide e-Cir 299/24.8.07)
Qualification SSC/ 10th pass
Age : 18-45 yrs, Should possess
basic computer knowledge.
Presently introduced in Ahmedabad,
Banglore, Chennai, Hyd & Mumb
circles.
Type of facilities : Composite Loan

Amount of Loan : Rs. 50000/Margin : Rs. 9000/Rate of Interest : 0.75% below SBAR
The cost of scheme is estimated at Rs. 59000/-. The

Max permissible bank fianc is Rs. 50000 and rest will
be the margin which has to met either from own
sources or from KVIC Margin Money Scheme.
Repayment : 36 to 40 monthly instalments
Primary : Hypothecation of asset

purchased from Bank finance.
Collateral : NIL, can be brought under
CGTSI Scheme
Documentation : Composite Loan Agr.
Processing fee waived

N-Logue, a NGO comprising from specialist
from IIT Chennai has designed this scheme
CHIRAAG kiosk at rurals for e-governance.
Subsidy of 25-30% if take up under KVIC sh
31
DOCTOR (+) PLUS SCHEME

-With a view to meet the growing expectations of the medical practitioners for
buying equipments, setting/ renovating
clinic, clinic-cum-residence, X-ray lab,
nursing homes, patho/ poly clinic or
purchasing computers, ambulance, vehicles or any medical profession.
Sl. Scheme/ Purpose/ Objectives

32 SBI-SIEMENS MEDICAL
EQUIPMENT PLUS (SBF & C&I)
-To purchase medical equipment. Prospective buyers identified by Siemens from
doctors in private practice, nursing
homes, hospitals, diagnostic centres
preferably banking with us & refer to us.
-Individual/ Partnership/ Ltd. Co/

Trust.
-Promoters should min. MBBS/
BAMS/ GAMS/ BDS/ BHMS &
registered practitioners
-Key promoters should be qualified
doctor.
Eligibility
Individual/ partenership/ corporates/
trusts. Brs 31 centres incl. Patna
and Ranchi are identified. Other
centres may be included as potentialities.
Type of facility Term Loan
AGM(BP-DB) will be the resource
person for this product.
Type of Loan: TL / CC. Loan Amount: Max Rs 10 crs (Corporates/

Pship) with subceiling a. 10% of total loan amt for loan < Rs 1 cr, b.
5% of loan > Rs 1 cr min 10 lacs Individual/Partnership Max5cr.Allopathic Doctor Max ` 10 lacs with subceiling for WC 10% (eCir 758 dated 11.12.10)
Margin: Loan Upto ` 10 lacs 15%, > 10 lacs 5 Crs 20%,
` 5 -10 Crs 25%
Rate of Interest: Upto Rs 25 lacs Based on scoring model
25 lacs to 10 Crs Based on CRA.
Circle may reduce margin & interest by 0.5% on merit.

Amount of Loan Siemens Equipment ranges between 10 lacs -10
crs. Under the tie-up arrangement, all loans upto Rs 25 lacs will be
covered under Doctor + Scheme. Provision of 5% contingencies.
Under SBF : Loans to non-medical practitioner upto Rs. 20 lacs;
Loans to medical practitioners with borrowings < 10 lacs in urban or
metro and Rs. 15 lacs in Rural or Semi-urban .Under C & I : Loans >
Rs. 25 lacs. MARGIN : 20% ROI : As per Doctor+ Scheme.
-Minimum DSCR 1: 1.5

-Max repayment 5 -7 yrs , incl moratorium 12
months
Disbursement: Multiple within 24 months from the
date of sanction as per schedule.
Documents. WC- Hypo of Stocks & Book debtsDP note, DPN del.let, Form K modified, Form I,
CosSSI28. TL-MTL Agr, G. Agr, Vehicle-HPTer

Due diligence and commercial viability are adjudged by BM before sanctioning the loan.
DSCR : 1.75 Debt Equity Ratio : 3:1
Repayment : 5 to 8 years including moratorium
period not exceeding 1 year.
Primary- Hypo of Assets financed.

Collateral- No tangibles upto Rs 25
lacs, Cover under CGTMSE..25 lacs
to 1 Cr tnagibles 25%, For MSE, >
Rs 1 Cr tangibles 25% & personal
guarnatee of the promoter.
Insurance- Of financed assets &
Comprehensive ins of vehicles.
Security / Doc /Insurance

Primary : Hypothecation of assets
financed by the Bank.
Collateral : For Loans < 10 lacs NIL
Above Rs. 10 lacs : At least 50%
Tangibles of the loan amount.
Documentation : As applicable to
term loans in SBF/ C&I segment.
-Processing charge 0.5%, Min Rs 500 &

Max Rs 50000
-Simplified scoring model- min 50% for limit <
Rs 25 lacs, > Rs 25 lacs 5 crs: CRA rating,
min SB 4
-Inspection- HY, monitoring to ensure enduse of fund.
Ref Cir. Circo/adv/237 dt. 16.12.04
Revised by e-Cir 24 dated 11.4.07

Methodology : Siemens will identify & send
application to SBI. If acceptable, SBI will
sanction & advised to borrower & Co within
15 days. Borrower will meet margin & documentation then Siemens will send equip.. to
buyer & forward proof of dispatch. SBI pay
directly to Co by draft in 3 days
Relaxations in Sanctions above Rs 25 lacs: Margin reduced to 10%. DE Ratio not applicable. Intt 1% below SBAR min 9.25% irrespective of CRA. Collateral- TPG of Promoters & PDC. Up-front fee: 1% may be waived by GM. Repayment max 6 yrs, Moratorium max 1 yr.
(Ref CC/SME/03/05-6 dt 18.7.5)
-A laminated credit card with passbook serves
Small artisans, service sector, Facility- Composite loan incl. T L & revolving Cash credit. The WC in form of Revolving CC fixed at 20% of the -No collateral security
(scc)
as an I card &also facilitate to record tranxns.
handloom weaver, fishermen, TL- for investment need, CC-fixed on operating cycle/ nature of investm. Projected Turnover; Consumption credit- max.20%. -Composite loan Document
-To provide adequate & timely credit incl
Total limit on Projected net earning & repay capacity.
-SHGs liable jointly & severally for repaymnt.
QuantumRs
25000-30000
per
borrower.
-Group Insurance Scheme- premium -Processing charges waived
a reasonable component for consumption self-employed person, rickshaw
Validity- SCC card is issued for 5 yrs subject to
needs to small artisans, , self employed owner & micro- entrepreneurs.
satisfactory operation & renewed yearly thru simple shared by Bank & borrower equally.
-No subsidy from govt under scheme.
etc from banking system in a flexible,
review. Repayment- TL within 5 yrs in suitable install. -Progress Report at BLBC & DLBC
- possible cluster approach preferable. Interest- 1.75% below SBAR
-No drawal in CC if not repaid within 12 month.
hassle free and cost effective manner.
Revolving CC payable < 12 m from date of drawal
Ref. Corp Centre Draft DB/SSI/4 dt 31.12.03.
(Since withdrawn)
Maximum Rs. 10 lacs. Min score 60% (36 marks)
-Small Industrial units, Retail traders,
34 SME CREDIT CARD or SMALL
A photo card indicating limit & validity of Primary Hypo. Of stock, machine or -Cumbersome procedural aspects reviews
Professional & Self-employed and small Assesment- For small business, Retail Traders- 20% of annual T O
BUSINESS CREDIT CARD.
the limit is issued. Withdrawal by cheque. office equipment. Collateral- SSI NIL & renewals, submission of FS / SS are done
SBF- < 25000 NIL, > 25000 Charge away, Credit delivery made simple & easy.
-A new & friendly credit product to cater the business enterprises having satisfactory declared for Tax purpose or last 12 m T O of operative a/c, which is high
For professional & Self-employed- 100% of gross income as per IT ret. Repaymenttrack record of 2 years.
over movables/ immbles or 3rd Party G. Validity- 3 yrs, subject to annual review and
need of small business, industrial unit,
W C is subject to annual review provided Collaterals may be waived in case of
For SSIs incl tiny sector as per Nayak Com.
-Units with other banks/ new with
satisfactory conduct of the account.retail traders, artisans, SSI & Tiny units.
Inspection HY, monitoring to ensure the
cr summation of a/c is not less than 50% excellent track record.
R To provide hassle free financial support excellent credentials and performance. Margin Upto RS. 25000 NIL, >25000 - 20%
-Term Loan upto Rs. 5 lacs for shop
end use of funds.
who have shown commitment to run the
Interest As applicable to the market segment.
of projected sales, if so repay in instalmnts -All eligible loan a/cs under SSI will
qualify for cover under CGFT scheme. Ref. Circo/ adv/ SSI/ 54 & 295 of 2002-03,
unit successfully and who are dealing with under small business enterprises.
Refinance No refinance to be claimed from SIDBI.
TL is repayable in suitable install in 5 yrs.
and Circo/ adv/ 11 & 24 of 2003-04.
bank for the last 2 years.
Collteral free loans upto Rs 5 lacs to MSEs (Micro & Small Enterprises) both Mfg & Service sectors as defined in MSMED Act. In all eligible cases, Bank has to obtain CGTMSE cover. Advance to Retail sch not covered by Guarantee cover (e-Cir 638/ 22.01.09)
-Special Credit limit to the extent of 20% of agg fund based WC
-Existing borrowers classified as SA
Primary Nil. Available Coll will be
-Limit renewed once in yr alongwith WC.
Unit is free to use fund for 12 times a year
35 SME CREDIT PLUS SCHEME
max. Rs. 25 lacs.
-To meet the unforeseen expenses of
as on 31st March for the last 2 years,
extended to cover cr + scheme.
-Other term & conditions as per dis power,
with min gap of 15 days & for max period
-Unit with WC Rs. 25 lacs & above &
-Advance be made by way of clean cash credit limit without DP or
SSIs (like repairs to machines, tax pay,
Additional
collateral
may
be
obinterest, doc, insurance, inspection, IRAC
of 2 months at a time. A Pass Book with
CR SB 4.
cheque book. No need of 2 running a/cs.
labour pay, addl purchase of r m for
tained, but it is not compulsory.
norms as per Banks extant instruction.
details incl mirror account will be issued.
-New unit also as decided by Sanc A.
-Unit assess requirement & credit its CC a/c.
execution orders) with excellent record.
Ref. Cir. Circo/CPP/Adv/ SSI/15 dt.1.8.01.
-All seg borrower incl Agl except PB.
- Sanction of WC for 2 yrs subject to annual review (e-Cir 753/29.3.8).
-Individually managed proprietor/ part- Minimum Rs. 5 lacs Maximum- Rs. 50 lacs. (e-Cir 403dt 23.12.05) Scoring- based on set of characteristics-personal(30) Documents as applicable to S & M
-A suitable application form is designed to take
36 SME SMART SCORE SYSTEM
-To introduce a credit scoring model
nership units or pvt/public co Small & Loan 20% (SSI) or 15% (Trading) of Projected sales or 67% of Project business(50), collateral (20) = 100 marks. Qualifying Industrial and trading enterprises in
care scoring model.
system to simplify the approval process & Medium industrial and trading enter(Not more than 125% of last year sales). Pricing Interest: See Page: score is 60 with min 50% in each groups.
C&I and SIB.
-Processing fee for WC- >5 lacs- 250 per lac or
cut down delays in credit approval, thereby prises above Rs. 5 to 50 lacs.
Latest Interest Rates. CRA will not be applicable for all loans under SME Repayment TL max 5 years, excl gestation 6 m.
part therof.
improve our Small & Marginal Enteprises (Ref e-Cir 403 &NBG/SMEBU/20/2005- Smart score. Non-fund based can be based on Sanctioning Authority
WC- subject to renewal every year. Override- Loan Ref Master e-Cir 389 dated 10.09.09. -Up-front fee for TL 1% of the loan.
adv portfolio in terms of quality & size.
06 dated 23.12.2005)
judgment. Margin - 33% (TL), 25% (WC).
not approved can be considered under existing asseRef. CirCo/ Adv./13/ 2003-04 dated 17.04.03, e-Promoters age below 66 yrs
sment & appraisal on specific considerations.
Cir 403 & NBG/SMEBU/FLO/20 dt 23.12.05.
33 SSI- SWAROJGAR CREDIT CARD
Women enterprise 51% of capital of women and business managed by women. It is obligatory for entrepreneurs to undergo Entrepreneur Development Programme (EDP) conducted by Bank/ Govt. (It may be waived to those who have required experience/
(SME BUSINESS) Introduced in 1988 to qualifications in the field of activity. Under the package Concessions in margin 5% lower than usual in case of Retail Traders, Business Enterprises, Professionals & SSI. 0.50% concession in interest on loan above Rs 50000 to Rs 2lacs for Business enterpromote entrepreneurship among women. prises, Private Retail Traders & Rs 25 lacs to others women entrepreneurs. Interest Concessions may be extended to Working Capital/ TL limits and Composite TL. (Ref e-Circular 254/ 2005-06 dated 19.09.2005)
Discretionary power as applicable to Term loans Primary- First charge on asset created -Processing fee- as applicable to SSI/C&I
38 CORPORATE LOAN (C&I & SSI) Existing customers in C&I and SSI Minimum Rs. 25 lacs Max. Rs. 10 crs for non-corporate
-At any point of time a unit can avail maximum
Repayment - 3 yrs (e-Cir 349/ 28.09.06) but may by Bank finance or extension of first
To repay high cost debt, VRS scheme,
borrowers. No cap for Corporate Borrowers.
with SB1/ SB2/ SB3 (SB4 after
charge on current asset.. Collateral3 corporate loans.
be extended to 5 yrs.
acquisition of trademarks, patents, facing administrative approval) CRA thre- Margin Not applicable. ROI - One step higher to applicable
Documentation As applicable to clean term loan in Per Guarantee of Promoter, Pariliquidity crunch or shoring up of net work- shold is relaxed to SB-10
CRA rate. Reset Interest clause once in 2 yrs on both Fixed and
passu/ second charge on fixed asset. (Master e-Cir 349 dated 28.09.2006)
the respective segment.
ing capital etc. (A/c Clean TL)
-Credit worthy non-customers with Floating Corporate Loans. External Credit Rating (ECR) is
Fixed Asset Coverage Ratio (FACR) should be
opinion report from their bankers.
mandatory for exposures of Rs.10 crore and above
minimum of 125%.
37 STREE SHAKTI PACKAGE SCHEME
and entities with ECR of D and below are not eligible
Sl. Scheme & Purpose/ Objectives Eligibility

39 FLEXI LOANS- GENERAL PURPOSE TERM LOAN.
(FLEXI LOANS FOR SMALL BUSINESS
SECTOR)
Type of loan TERM LOAN.

40 GENERAL PURPOSE TERM
LOAN- SSI. (GPTL- SSI).
Type of Loan TERM LOAN
Customers- Traders in goods/ commdit. Loan Minimum- Rs. 5 lacs Maximum- Rs. 20 lacs (For
& services; Business enterprises; T O
Trade & Service Sector Maximum loan Rs. 100 lacs)
under SBF; Professional & Employed.
Margin 25 % ROI As applicable for Small Busi. T L.
Criteria- Unit earned pre-tax profits in
Purpose - Holding of stocks, acquisition of land, building/ renovation of
last 3 years.
office/ godown, purchase of vehicle/ equipment/ furniture; substitution of
For Trade & Service Sect SB4/SBTL4
high cost debt, shoring of NWC, computerization expenses etc.
Existing unit with minSB3/SBTL3

should have earned pre-tax profit for
last 3 years,
-no history of default of any kind.
41 STAND BY LINE OF CREDIT SSI & C&I Borrowers rated SB 3

(SLC- WORKING CAPITAL) FOR SSI and above only. (Ref e-Cir 510
dated 15.02.2006) CRA threshold
and C&I UNITS.
-To face competition and cater domestic &
export contingencies of valued customers.
42 SLC- TERM LOAN Limit for SSI &

C&I Customers for meeting hassle free
medium term requirements to avoid
time over run and cost over run.
43 STAND BY LOAN TO CORPO-
Maximum - upto Rs. 50 lacs.

Margin 25% Interest As per CRA Ratings.
Purpose- Shoring up of NWC; Capital Expenditure; Substitution of high
cost debt; R&D expenses; Quality upgradation to ISO standards etc.
15% of WC facilities (FB+NFB) max Rs. 20 crores (Export-
Security, Document, Insuran Other Features & Ref Circulars
Standard appraisal format for WC/ TL based on suitable repayment capacity; Projected Profit for 3-5 yrs
on track record and turnover; Min. DSCR 1.5; TOL/
TNW < 4; Total long term liability to equity < 2:1;
Current ratio > 1. Repayment- M/ Qly install as per
normal cash generation. Pre-payment allowed.
Repayment for Trade & Service Sector = 8 years
Standard appraisal format for TL, DSCR of 1.5;
TOL/ TNW < 3, Total Long term liab to equity <2:1,
Current ratio > 1. CRA- SSI model for Term Loan.
Repayment- In monthly/ quarterly installment as per
normal cash generation cycle.
-Sanctioned with regular credit limit-Peak/ Non-peak
level limits separated-No separate assessment.
-No SLC to SSI units who utilized SME Cr+ facility.
-Release to be authorized by Head of Br on specific
request on genuine requirement. Maximum tenor of
Loan extended to 3 months
Primary- Hypo of CA & FA. If loan to

purch/ renovate immovables, e. m of
that asset. Collateral- 100% Tang./Intangibles (35% tangibles if good record
for 3 yrs in T&S Sector). Comp. Loan
document. Insurance To cover all
asset charged to the Bank.
Security- Extension of hypothe

charge on Current & Fixed
assets (primary) & collaterals.
Additional collaterals & Guarnt.
Documentation Same document
for aggregate credit facility
covers SLC also.
Inspection- HY, ensure end use of the fund.

-For Trade & Service Sector a limit <15% of WC
for exigencies. CRA Trade model will be
applicable for loan above Rs. 25 lacs & tangibles at least 35-50% in place of 100%
Ref. Cir. Circo/Adv./ 239 of 2002-03 dated
18.01.2003 and 51 of 2004-05 dt 01.07.04.
Documentation- Composite Loan document.
Inspection, Insurance & Discretionary power- as
applicable to Term Loan.
Ref. Circo/adv/ 184 dt. 23.09.2003.
Upfront fee: 1 %. (Irrespective of limit
15% of FB Max 2 cr, Domestic 10% FB Max 2 cr, 10% of NFB Max 1 cr)
utilized or not) (e-Cir 510 dated 15.02.06)
Period- Max. 60 days at one time& after this grace period of 15 days,
Others- As applicable to loan delivery system.
level relaxed to SB 10
but a/c reported as irregular during grace. No restrictions in no. of
Ref. e-Circular 348/2005-06 dt 24/11/2005
times SLC available in Calendar year.
e-Cir 348 & CCO/CPPD-SLC/62 dt 24/11/05,
Interest- Additional int of 1% above regular WC facility (No concession).
e-Cir 510 dated 15.02.06
Eligibility: Borrowers rated SB 3 & above, 5 years of existence & earned profit in last 3 yrs, TOL/TNW above 2.5 not eligible. Purpose: For following capital expenditure related to regular business activity Expansion & modernization, R&D, Installation of
captive Power plant & upgradation of technology, renovation of factory/office, acquisition of software, tools etc, purchase of cars & other vehicles, replacement of old machines. Amount of Loan: 2 times of the residual cash accrual during last yr of operation,
subject to max Rs 5 crs for Corporates and Rs 2 crs for Non-corporates, Avg DSCR > 1.75, Both Fund and Non-fund limits within overall STL Limit. Margin: 20% Repayment: 5 years incl moratorium. Sanction of Limit: obtained for all eligible borrowers
along with regular Fund/ NF based WC. No separate assessment/ special justification is required for SLC (TL). Validity of Sanction: 12 months from date of sanction. Frequency: SLC-TL may be sanctioned at each review/ renewal of WC based on fresh
assessment. Security: Primary- 1st charge on the specific assets created out of bank finance. Collateral- Extension of existing charge on fixed/ current assets, Personal Guarantee & Pari passu first charge on all fixed assets. Documents: Common credit
documents. In case of Consortium, separate TL document. Release of Funds: Branch Head can release TL only after scrutiny of Financial Papers, FFRs etc any no. of times within sanction STL-TL Limit. Reporting of release of limit to controller time to time.
Interest: CRA based, 1% higher than normal loan without any concession ( e-Cir 510 dt 15.02.2006). Upfront Fee: 1% of loan.
(For further details refer e-Cir 348 & CCO/CPPD-SLC/62/2005-06 dated 24/11/2005 for both SLC TL & WC)
Disbursal : Any time except when a. limit overdue for Security Hypo of vehicles financed Processing/ upfront fee : NIL
Unit already enjoying min Fund base
10% of Fund based limit not exceeding Rs. 25 lacs.
limit of Rs. 1 cr. Credit rating SB 3/ SBTL
Margin 20% ROI 1% above SBAR (can be reduced renewal b. a/c irregular c. conduct of account not Insurance & Documentation - As
3 and above.
satisfactory Repayment : 60 months in monthly or
applicable
to SBAR by DGM)
quarterly instalments.
Short Term Loans for Working Capital: Eligibility- Borrowers rated SB3 & above. Purpose: Working capital
Short Term Loans not linked to working capital limit: Eligibility- Borrowers rated SB 3 and above. Purpose: Short Term Loans outside
needs. The short-term loans for meeting regular WC requirements to be carved out from existing WC Limit. Quan- Assessed Bank Finance (ABF) sanctioned for meeting contingencies like delay in realization of receivables, bulk purchase, capital expenses
tum: Minimum Rs 10 cr but not more than 75% of the sanctioned WC limit.
within 12 months, payment of bonus or bridge loan, purchase of machinery & vehicles etc. Quantum: Minimum Rs 10 cr or max 50% of the
(Ref e-Cir 583/ 2005-06 dated 14.03.06)
residual anticipated cash accruals during the period of loan, after deducting proportionate amt of other repayment commitments.
RATES FOR PURCHASE OF NEW

VEHICLES - (Segment C&I) (Account :
Term Loan)
44 SHORT TERM LOAN For C&I borrowers on a case to case basis for WC or
general com purposes for 3- 12 months, as
no specific instructions in this regard. Sch
since withdrawn (e-Cir 371/18.10.06)
Other features: Period: 3 to 12 months. Interest: Equivalent to 3 months MIBOR min 8%. Interest reset clause applied at the end of every 3 months. Disbursement in one lot, no partial disbursement. Roll over of loan for more than one time not permitted. Repayment: Bullet Payment. Penalty 2%
p.a. for delayed payment. 2% Pre-payment penalty on the pre-paid amount for the residual period. End use: is in line with the declared purpose. Security: Nil if STL carved out from overall WC Limit & if outside the ABF clean loan or adequately secured. (Ref e-Cir 583/2005-06 dated 10.03.2006)
45. Traders Easy Loan (Mortgage Loans for Traders renamed): All Brs of all Circles. Purpose : To provide hassle free finance to borrowers in trade and service sector who are willing to furnish mortgage of property of adequate value for acquiring fixed assets for business or building inventory or Current
assets. Eligibility: Existing customers, New incl takeovers, First generation entrepreneurs/ promoters of existing units for purpose of setting new units. Category of Borrowers covered: a. Small Business Enterprises b. Retail/ Wholesale Traders c. Professional and Self Employed. Loan : Min Rs 25000 Max Rs 5
Crs. Facility : CC, OD, TL, DL Assessment of Bank Finance: Loan not to exceed 90% of total worked out requirement or 65% of the value of collaterals offered, whichever is less. Loan will not increase with the increase in value of the mortgaged property. Margin: 35% of the realizable value of the property
(Valued by an approved Valuer, Report not more than 3 m old) . Sanction : As per delegation of power. WC facility valid for two years, however reviewed annually by BM on conduct of a/c. At the time renewal/ review, if the limits are assessed to be less than the existing limits and the borrower is not in position to
repay the excess amount within 90 days, a DL may be allowed within max 24 EMIs. Stock Statement & Inspection: In case of inventory or Current Assets, Stock statement at quarterly intervals end of Feb, May, Aug & Nov each year, however frequency of inspection will be Half Yearly. Interest: Competitive,
quite liberal, CRA dispensed with; For CC 0.25 < SBAR, TL 0.5% > SBAR. Operation of Account: CC or DL Credit summation atleast 50% of declared sales turnover, renewable after 12 months. DL or TL Monthly repayment, simple annual review. Request of restoration of limit under repayment option may be
considered after expiry of 6 monthsand satisfactory conduct of account. Repayment: TL max 60 months in M / Q/ HY basis based on cash flows Security : Tangible of mortgaged property min 154% of Loan Amount + Primary Insurance : Full value with Bank clause. Processing charge: WC (FB + NFB) Rs
25000- 2 lacs (Rs 300), Rs 2 100 lacs (Rs 300 per lac), Above Rs 1 Cr Rs 250 per lac, TL > 2 lacs Upfront fee 1.5% of loan (CCC may relax upto 50%)) Documentation : Arrangement Letter, Hypothecation Agreement & / or TL Agreement as applicable in Trade & Service Sector. Source : NBG Bull Apr05
& e-Circular 79/ 2005-06 dated June 15, 2005 & e-Cir 388 & NBG/SMEBU/19 dated 15/12/2005 and e-Cir 681/ 2006-07 dated 06.03.2007. For Rice Mills Loan Amount raised from Rs 1 Cr to Rs 5 Crs (e-Cir 307 dt 30.08.08.
Type of facility CC with a sub-limit for LC if required.
To improve the credit flow to T & S Sector, a financial Primary Hypo of stocks & receivables Processing fee- as applicable to C&I.
46 WORKING CAPITAL FINANCE UNDER -Units in C&I Segment
TRADE & SERVICE (C&I) To meet WC
--With profits at least in preced- Amount of Loan 15% of Projected Annual Turnover which should not based on the Annual turnover rather than on inven- Collaterals- Immovables not necessary **In case the proposal does not fit into the
requirement of Retail & Whole sale traders
be more than 125% of the turnover in the previous yr subject to maxi- tory build up has been designed. A credit limit equal if cash collaterals (NSC, KVP, LIC etc) turnover based model of credit assessment, the
in agl & industrial commodities, Dealers in ing 3 years
mum of Rs. 5 crores.
to 15% of the Projected annual turnover can be fixed charged to the bank & guaranteed by traditional method of projected balance sheet
-CRA Rating SB4 and above
consumer durables/goods, vehicles,
Margin 25% ROI As per credit rating. A concession of 0.5% when if projection > 25% increase in actual TO of the
holders of security (e-Cir 386/
method may be adopted.
showrooms etc.
at least 75% collateral coverage.
preceding year**. DP based on 25% margin & Stock 30.10.06)
Marketing- Both Retail & Wsale,Concessional
stat. Repayment On demand
Documentation As applicable
Interest, only 33% collaterals, SB4 rating,
Sl. Scheme & Purpose/ Objectives
Eligibility
Appraisal, Disburst & Repayment
Security/Document/Insurance Other terms & Ref Circulars.
-should have completed few projects

Type of facility Cash Credit . Amt of Loan - Projected Cash flow Assessment on the Projected Cash Flow of the
Primary EM of land, can waived on No administrative clearance is needed
successfully
max. 50% of the project cost or Rs. 25 crs or 5 times of net worth, project. The Credit worthiness and integrity of the reputations of promoter with 3rd party
if limit granted by CCC-II and above,
-should have min net-owned funds
whichever is less. (Reasonableness of the project cost has to be
major builders are reviewed and approval obGuarantee. Collateral Tangibles to
otherwise, AC of CCC-II needed.
-project should have all statutory clear- judged by specialized agencies) Margin : at least 50% of project
tained for all their projects and also for specific
the extent feasible
ance
projects for construction of flats.
cost
Documentation As applicable to WC -HLs for flats in building can also be granted.
-project should be completed in 18-24 m ROI As applicable in C&I advances based on CRA rating.
Repayment: 24 36 (e-Cir 375 / 18.10.2006)
in C&I Segment.
Eligibility: 1. Real estate developers with rating of SB3 & above or 2nd best rating of other agencies. 2. Minimum turnover Rs100 cr (Builders from Mumbai, Delhi) / 50 cr (other metros/ big cities) achieved in any of last 3 FY or they completed min 1 million sq ft
48 Financing to Private Builders
(Mumbai, Delhi)/ 0.5 million sq ft (other metros/ big cities) construction. 3. Min 3 yrs of existence. 4. Norms 2 & 3 may be waived for New entrants subject to min NOF (Net owned Fund) Rs 25 crs. Loan Exposure: 3 times of NOF, min Rs 25 cr, Individual Max
Background Price hike in real estate,
Rs 50 crs (Proprietorship), 100 cr (Firms), 150 cr (Corporate) & 200 cr (Group). Additional requirement may be met through syndication. Period & Repayment: Upto 60 months from the date of first drawal. Quantum of Finance: Max 70% of gap or project.
low int in HL, general boom in economy,
Facility: CC/TL (Residential), TL (Commercial Estates). Security: Primary- Mortgage of land bldg financed by bank, Collateral- Per Guarantee of Directors/ partners/ Corporate Guarantee/ Negative Lien from Borrower. 125% tangibles if primary securities
especially in IT & retail have pushed the
demand for residential/ commercial spaces waived. (Ref e-Circular 562/2005-06 dt 7 Mar 2006)
47 WORKING CAPITAL FINANCE TO

PRIVATE BUILDERS (C&I) To meet WC
needs for completion of a project by
reputed builders with an excellent track
record of timely & quality construction and
of sound financial strength.
49 CHANNEL FINANCING -TRADE FIN Industry Major CRA SB 3 or above & a Nature of Loan Clean Cash Credit. Periodicity : 1 year
major player in the produce market.
To finance selected dealers of reputed
Dealer for over 12 months, maintaining
Corporates against advance payment for
purchase of goods from the Industry Major. a/c with br, excellent track record of bill
payment within 45-60 days.
50 AUTO CLEAN SCHEME
-New eco-friendly scheme to tap business

by giving loans to Auto rickshaw owners
to purchase CNG/ LPG kits as per court
directives.
( Since withdrawan)
51 MARGIN MONEY SCHEME OF KVIC
(RURAL EMPLOYMENT GENERATION
PROGRAMME - R E G P)
-Scheme is especially designed by KVIC to
enhance flow of credit & extend margin
money support to village industry.
Business Constitution Partnership/ Pvt Ltd Co/ Public Ltd Company

A/c operation Drawings only against advance payment to Industry Mj.
Cheque book operation not permitted Margin : 25%
ROI As applicable
-Credit limit based on assessment of Annual purchase of goods during current financial year
-Limit for 45 days purchase, No separate CRA
needed, Balance sheet appraisal to ensure profitability. Repayment- each disbursement within 60 days
Processing charge Rs. 10000 flat from each

Primary NIL
Collateral Personal G of Promoter(s), dealer
Omnibus First Loss Deficiency Guarantee form from Industry Major
Hypo of Vehicle, if not Gr Guarantee.

No collateral. Comprehensive insura
ance,Bank charge to be noted on pol.
Doc.Hypo Agr, Arran. Let, Form 29,
30, 34; Irrevocable letter from Borr.
-Existing Standard borrower.

Loan Max Rs. 25000/, Margin NIL
-Take over from other bank.
ROI 0.25 % above SBAR at monthly rests.
-Commercial vehicle owner should have Nature of Loan Medium Term Loan
necessary permits.
Before disbursement- App form with3 phot, Driving

license, permit, tax receipt, badge copy, fitness &
meter certificate, insurance. Repayment- 24 m (36 m,
if vehicle already financed by SBI)
-All viable village Industry project set up

in rural area (<25000) under KVIC.
-Individuals/ rural artisans/ entrepreneurs
Institutions/ Co-op Society/ Trust regd
under KVIC/ KVIB for project < 25 lacs.
-Only new projects. Age- above 18 yrs.
Projects are appraised and assessed as like Banks All as per Banks prescribed norms.
regular scheme & norms.
Back ended margin money subsidy is kept as TDR for
2 yrs & credited to loan a/c after 2 year of first disbursement.
Loan- 90% (Gen.), 95% (Weaker sec.) of the project cost.

Type- MTL, CC, Composite loan as per project requirem.
Quantum of Margin Money (Subsidy) GEN-25%(30% -others) of loan+
Margin <10 lac, >10-25 lac-25% of 10 lacs+ 10% of remaining cost.
Interest- As applicable SSI borrowers, No interest on subsidy component loan.
Statutory req. Work order form RTO- BTI

form, Fitting at RTO approved centre, RTO
endorse on RC Book on fittied CNG/ LPG kits
Incentive to Branch under TPM Rs 500
Ref. Circo./Adv/ 76 of 2003-04 dt. 24.06.03.
-AGM (BP-DB) at LHO is nodal officer for this
scheme, releases subsidy.
Processing fee waived to Ex-service men &
widows.
Ref. Circo/CPP/Adv. 44 of 1997-98.
52 PMRY PRIME MINISTERS

ROZGAR YOJANA.
-To provide employment to educated &
poor unemployed youth by setting up
micro-enterprises for industries, services
and business all over the country.
PMRY replaced by PMEGP (See in New
Products) wef 01.04.2009.
Target Gr.-All educated (8th passed) unemployed youth. Preference to women,

ITI passed, with 6 m Govt tech course.
Age- 18-35 yrs, 45 yrs-SC/ST/PH/ExS/
womenEducation- Minimum 8th passed.
Annual Family Income- < Rs 1 lac
Residency- permanent for 3 years.
Others- No defaulter in family; Only one
member of a family in this scheme.
Activities- All economic viable activities incl agr & allied excl direct agl
operations like raising crop, purchase of manure etc.
PROJECT COST- Max Rs. 2 lacs (Business & Service sector), 5 lacs
(Industry). Margin- Normaly 5% of project .
Subsidy 15% of the project cost max. ceiling Rs.12500 per borrower.
Subsidy to SHG Rs 15000 per member, maximum Rs 125000/Joint Ventures/ Partnerships Project Cost < Rs 10 lacs. Gr activities
to be encouraged as its better chance of success due to back up support and marketing linkages. Loan & subsidy will be in proportion.
-DIC/ SISI identify & forward the application to Bank.

-Bank to satisfy about viability & bankability of projct.
-WC is determined on actual requirement to avoid
under-financing, which may lead to sickness.
-Bank to disburse amount incl of margin money
deposited by borrower.
Repayment- 3 to 7 years for TL component after
initial moratorium on nature & profitability of venture.
WC limit to be reviewed periodically.
Subsidy Management- GOI passed subsidy to

banks in advance through RBI. Subsidy part
kept as FDR for TL duration, min 3 yrs, from last
disbursement of the loan. No interest on loanrepresenting subsidy amount.
-If loan is closed prematurely/ misutilisation/
-No collaterals upto Rs. 5 lacs in part- abandonment of project, no subsidy available.
nership units in tiny sector & SHG (no. - Training Expenses (born by DIC) enhanced
from Rs 2000 to Rs 2500.
5 to 10) engaged in industry.
Hypo./mortgage/pledge of
bank financed assets.
-No collaterals for Industrial
project upto Rs. 2 lacs and
business & services sec - 1 lac.
53 DIFFERENTIAL INTEREST RATE (DIR)
Purpose: For productive activities, pursuing higher education by indigent students, purchase of artificial limbs, hearing aids, and wheel chairs by physically handicapped. Eligibility: 1. Family Income not to exceed Rs 24000 p.a. in U/ SU area, 18000 in Rural.
Family includes husband, wife and minor children. 2. Land holding not to exceed 1 acre of irrigated land or 2.5 acres of Non-irrigated land. SC/ST populations are eligible for loan irrespective of their land holdings. Quantum of Loan: Rs 15000, HL purpose
20000. (HL under DIR to SC/ST Product code- 6250-2411-e-Cir 765/ 15.02.10). Target: Min 40% to SC/ST beneficiaries & 2/3rd to be routed through R/SU Branches. Overall Bank exposure in DIR 1% of the loan. Subsidy: Not Available. Margin: NIL. ROI:
4% p.a. at simple rate. Security: Hypothecation of assets created by bank loan. No Collateral. Repayment: 5 years. For more details refer Master e-Cir 56/ 2009-10.
-All new & existing Micro & Small enter- EXTENT OF GUARANTEE COVER (Amount in default)
G Fee:Upto Rs 2 lac absorbed by the bank,
Annual Fee Upto Rs 5 lacs: 0.5% -Scheme is managed by CGFT for Small
prises (Mfg and Service sectors)
Rs 2 lacs to Rs 5 lacs 1%, > Rs .5 lacs 1.5%. of agg loan limit, Above Rs 5 lacs: Industries formed by GOI and SIDBI.
Loan upto Rs lacs
>5 - 50 lacs
>50- 100 lacs
-All fund & Non-fund-based credit
(e-Cir 258 dt 06.08.08)
0.75%, to be paid to CGFT for Small -Apply within end of next Quarter from sanction.
Micro-Enterp
85%
75%
Rs.37.5 lacs+*
facilities upto Rs 100 lacs without any
SSI Loan under CGTSI 0.5% more int to be charged industry by debit to borrowers
Locking period 18 months.
Others
75%
-docollaterals &/or TPG.-All proposals > Rs
Scheme extended to Non-SGSY-SHG members
account by 31 May every year.
(Master Cir. NBG/SMEBU/CGTSI12 dt 27.8.5.
Women/NE Rg
80%
Rs 40 lacs+*
Revised vide e-Cir 214/ 19.7.7)
50 lacs to be rated internally (e-Cir 636) *+ 50% of default amt > Rs 50 lacs, max Rs 50.00 lacs
individually.
55 EQUITY FUND SCHEME TL
Purpose: Interest Free assistance by way of Term Loan to meet the equity need of the entrepreneurs. Limit: Minimum Project Cost Rs 25000, Maximum Project cost Rs 4 lacs, Minimum assistance Rs 5000, Maximum assistance Rs 1 lac. For Deserving
Professionals & Self Employed max assistance Rs 50000. Margin: Min 10% (EDP Trained 5%). Repayment: Moratorium 5-7 yrs after which repayment 5-7 yrs. Security: Nil, only extension of charge on the asset created out of the bank funds.
Objective: Technically skilled Entrepreneurs having managerial capacity & good character, Degree/Diploma, sufficient experience but no fund to run the project. Project Cost/ Limit: Maximum Rs 20 lacs, to be approved by Consultancy cell. Margin: Nil < Rs 5
lacs, > Rs 5 lacs 10% on amt above Rs 5 lacs. Repayment: WC on demand, TL 5-7 yrs. Interest: Concession applicable for 3 years after that normal interest rate will be charged. In deserving cases, Equity Fund assistance may be extended.
Eligibility: All Types of industries registered under SSI, having cost in Plant & Machinery not more than 100 lacs. Limit: Need based Margin: < Rs 25000 Nil, > 25000 to 5 lacs 20%, > 5 lacs 25%. Repayment: WC on demand, TL 5-7 years.
SCHEME (1971) To assist poorest of the

poor to bring them above Poverty Line.
-Weaker Section of Adv under Priority Sec.
54 CREDIT GUARANTEE FUND TRUST for
Micro & Small Enterprises (CGTMSE)
-To provide guarantee in respect of credit
facilities granted without any collateral
security and/or Third Party Guarantee
56 ENTREPRENEUR SCHEME TL & CC

57 LIBERALISED SCHEME WC & TL
58 SBI SHOPPE- Financing of shops.
-Open economic scenario in post liberalization era, gives tremendous opportunity for
trade & service sector to grow & for tapping
this substantial source of business, a new
scheme for purchase/ modernization/
establishment of shops launched. As place
of business plays a pivotal role for start-up
venture & success.
Sl.
-Individual Firms/ Partnership/

Trust/ Franchisees.
Type of Loan Term Loan

Quantum Under SSI- This will be a part of total SSI
Purpose For purchase of new/ old
project max. Rs. 20 lacs. Under SBF Max. loan Rs. 20
shops/ offices; Modernisation/ renovation
lacs under Small Business Enterprises.
faclifting/ expansion/ addition/ alteration
of shops; Dealers showroom; Building of Margin 25 % ( For purchase of old property 40% ).
Training/ Service centers/ garage etc; All Interest As per extant instructions.
Minimum DSCR 1.75

-Takeover is permitted as per bank norms.
- Viability of the proposal and due diligence
is to be done before disbursement.
-Any deviation to be approved by CMC.
Repayment 3 to 7 years excluding moratypes furniture/ fixtures, electrical fittings. Marketing Branches, CO need to target new shopping complex area. torium of 6 months
Circle to publicise. Incentive to Branch under TPM Rs. 500/-
Scheme & Purpose/ Objectives Eligibility
59 SBI PARYATAN PLUS

-A new product is formulated to
develop tourism & facilitates trade.
-To assist in creating infrastructure to
accelerate govt effort to promote
tourism & generate employment.
-To tap business (since withdrawn)
There is paradigm shift in consumers expectations for quality products, quality platform and
better facilities. There has been all round growth
of new multiplex structures & shopping complex. Thus there is vast scope of acquiring
shops on ownership/ leased basis.
-Cross selling for Housing Loan to SBI Benefits to Bank- a.Fully securitised asset,
Shoppe borrowers for making house b. Tapping of quality asset business,
c. Less incidence of depletion of asset.
on property mortgaged.
Primary Hypo/ pledge/ mortg

of property purchased. NOC to
be obtained from lessor in case of leased/ No Lien letter reg
rented premise/ godown.
Appraisal, Disbursement & Repayment Security/Document/Insurance Other terms & Ref Circulars.
Individual (proprietorship), Part- Loan upto Rs. 2 lacs & above now all reported under SBI Paryatan Plus DSCR min. 1.5. License is mandatory, if required Primary Hypo of financed Assets. -Wherever feasible, tie up with Raj
For luxury coaches upto 10 vehicles, loans under Transport operator sch locally.Take over permitted with approval of CO.
Collateral Immovables, TDRs NSCs, Tours&Travels, Thomas Cook,SOTC
nership firm, Ltd. Co., Trust.
Scope- Development of tourism in India

at present support 18 millions (5.9% of
total employment) and accounts 5.6% of
GDP. In 2010, it expects 25 m jobs and
6.8% of total employment.Margin 20%
.For 2nd hand (<5 yr old) 40%
60 TRANSPORT PLUS (replaces Fleet -Valid permits & exclusively bank with us
-CEO/Promoter should IT assessee, min
Operator & PARIVAHAN PLUS,)- (C&I)
3 lacs income, age >18 yrs, own a
(The product aimed at large, well manhouse, 3 yrs experience in field, satisfacaged, computerized fleet operators).
tory dealing with bank
-To finance purchase of new transport
-Reputed & IBA approved TO(truck)
vehicles and WC finance against receiv-rising trend in income & profit in 2yr
ables.
-should well maintained >10 vehicle
(Takeover of loan not allowed, for
-Regd/admn office in M/U/SU centre
detail Ref e- Cir 679 dated 05.03.07)
For more than 10 vehicles, under C&I and appraisal, docu,int. applicable
Purpose Construction/ renovation/ modernization/ addition to hotels/
Yatri niwas/ Dharmshala etc; Construction of office premises/ purchase
of computer & equipments;purch of luxury buses, cars, vans, house
boats; establishment of Restaurants, fast food centres, coffee houses,
Ice cream parlours, amusement park, health club etc.
Applicant having banking with SBI, having with

KVPs, LIC=50 % of loan.
financial integrity & credit worthiness only considered. Doc.- As in SBF/ C&I.
Interest- As per extant inst for SBF & C&I.
Insurance- 100% of loan amount.
Inspection H Y, ensure end use of fund.
Repayment. 3 to 7 years with moratorium of 18
months.
Type of loan Term loan & Cash Credit

Eligible Bank Finance: Cost on road i.e. Billed Price + cost of body
building + Road Tax + Insurance
Loan Amount: TL & CC Combined Rs 10 crs (Corporates), Rs. 7.5
crs (Non-Corporates), minimum Rs 10 lacs for both.
Margin TL & CC 20% (may be reduced to 10% if 100% Tie-up)
ROI - TL: 0.25% above SBAR, CC: 1% above SBAR.
Interest Rates revised under various tie-ups (e-Cir 431/ 22.10.08)
Current Ratio min 1.33, TOL/TNW max. 2.75

Avg. DSCR Min 2.00, Receivables 4 months
Repayment
TL- Max 5 yrs in EMIs after 3 m. PDC to be obtained
CC- Repayable on demand and renewable annually.
Documentation Revised C&I documents C1, C2,
C3, C4 and C5.
Prepayment: 1% p.a. of the residual period.
Primary Hypothecation of vehicles

financed & receivable
Collaterals** Other unencumbered
vehicles/ immovables of value of 50%
of loan, may be reduced to 25% if tieup arrangement.
Inspection: Once in a year, Monthly
when sticky.
-Wherever subsidy is available, it will be taken

as promoters stake.
Ref. Cir. Circo/ adv/ 75 of 2003-04 dtd.
19.06.03. & Circo/adv/251 dated 22.12.2004
Processing fee Usually 1%.

Marketing Tips Local transport associations,
dealers of TATA, Ashok Leyland, Mahindra &
Mahindra and apart of them corporates, Oil cos,
Cement Co, who avail the services of fleet
owners can be contacted. Exporters of perishables like seafood, vegetable, milk who use
refrigerated vans can be contacted.
(Revised guidelines: e-Cir 679 / 5.3.07)
61 Financing Light & Commercial Vehicles- Individual or association of not more
Margin : 10% (Loans < Rs 2 lacs), 15% (Loans > 2 lacs) . Rate of Int - Swaraj Mazda Dealers would obtain the application Primary- Asset purchased by loan.
-Processing Charge waived.
than 6 persons, Trusts/ Societies in
Tie-up with SWARAJ-MAZDA (SBF)
and after due diligence would forward to respective
Collateral- NIL (<2 lacs-New, < 5 lacs- -Charges should be registered in book of RTO
Loan Amount
Repayble < 3 yrs Repay > 3 yrs For WC
Transport Business
Mahindra & Mahindra, Tata Motors
Branches. Branch may generate fresh applications. old good customers), 1 TPG worth25% -Blank Transfer Forms signed by the borrower
Up to Rs 2 lacs
8.25%
8.5%
8.5-9.5
-To finance transport operators upto 10
-MOU valid for 1 year (Signed on 25.08.04)
of loan/ Hypo of Veh New applicant -A discount in invoice of Rs 3000 (4 Tyre), 5000
>2 lacs < 5 lacs
9.00%
9.25%
10.25
-No. of vehicles not more than
vehicles of all make, utility vehicles, light &
for 2-5 lacs; 50% mov/immovables or ( 6 Tyre models) to applicant + 2 addl free
>5 lacs < 25 lacs
10.00%
10.25%
10 incl vehicle to be purchased.
commercial vehicles Addl TL on accident
DSCR (GROSS) ; Min. 1.75%
2 TPG for loan > 5 lacs
service + 3 yrs warranty on Engines.
Zonal Credit com. Is vested with discretion to reduce Int 0.5% Margin
-WC for fuel, salary (max 30000 per
Repayment 3 to 7 yrs with moratorium of 6 months Insurance - Comprehensive
Ref - CirCo/Adv./134 of 2004-05 dt 23.9.4. and
5% on merit basis. (Ref Cir/adv/221 dated 07.12.2004)
vehicle with 25% margin)
242 dt 17.12.04 & 252 dated 23.12.2004
( Since withdrawan)
62 Financing Commercial vehicle Eligibility: Individual or associations of not more than 6 persons, Trusts, Society, Hotels, Restaurants, health & educational instiutes, Firms & Cos. Coverage: Passenger Vehicles, Trucks. Purpose: Purchase of Commercial Vehicle and provide working
capital for meeting operating expenses. Facility: TL and CC. Loan Amount: 90% of road price incl registration, insurance, road tax, accessories, AMC etc, 75% for CC. Margin: 10% (TL), 25% (CC). Interest: TL Amt & period wise based on SBAR, CC tie up with Ashok Leyland
1.25% below SBAR. Insurance: Comprehensive insurance with Bank clause. Security: Primary Charge on vehicle & other assets purchased by Bank finance. Collateral: Limit < Rs 25 lacs Hypo of existing vehicle should cover 25% of loan or TPG of 25%
of loan. Limit Rs 25 lacs & Above Charge over movables or immovable assets. Hypo of vehicle covering atleast 50% of loan or 1/ 2 TPG to cover 50% of loan. DSCR: 1.75 Minimum. Repayment: Suitable programme of 3 to 7 years, CC to renew/ review
annually. Others: 1. Charge to be registered in book of RTA. 2. Blank Transfer form duly signed by the borrower to kept in record. 3. Turn Around Time 5 days from the receipt of application. Ref e-Cir 405 dated 08.11.2006.
Bank extended this sch to new units also if
Assessment as per Nayak Committee for limits upto Primary- Hypo/pledge over assets.
63 RICE MILLS PLUS (SSI)
-Profit making existing units with TL, WC & SME Cr + facilities for unforeseen exigencies.
-In order to help our existing units with prov
Rs. 5 crores., Simple CRA form. Loan to be sancCollateral- < 5lacs NIL, Above 5 lacs- 50% partners are same & unit with SB 3 rating
AMT.
TL-No
ceiling
based
on
project,
WCOn
bills/stocks
credit rating SB4 and above.
-en track record this scheme is designed to
1.For SB-7 & +: EM/ tangibles 50%
(e-Cir 197/20.7.6)
Margin- 15-25% TL, 15-20%- CC(Stocks), 25-40%- Book debt tioned within 15 days of receipt
extend adequate credit out of stiff parame- -Takeover permitted.
Repayment- TL- 5to 7 yrs excl max gestation period 2.SB-8 &SB-9: EM/ tangibles 60%
Ref. CirCo/Adv./ 243/ 2003-04/ dt.3.12.3
Interestas
applicable
Dal
Mill
Plus.
-New unit also (e-Cir 460/ 4.12.2006)
ter of CRA system.
of 12 months; For SME Credit Plus max 6 months. (Refer e-Cir 152/ 09.06.09)
e-Circular 211/2005-06 dt 27.08.2005
Sl.
Scheme & Purpose/ Objectives Eligibility
Appraisal, Disbursement & Repayment Security/Document/Insurance Other terms & Ref Circulars.
Amt of loan & Margin As above.

-do64 DAL MILL PLUS (SSI)
-do-doMonthly progress report in respect of
Keeping in view of fierce competition,
ROI as under (e-Cir 152 dt 09.06.2009)
(Extension of Rice Mills Plus Scheme)
Insurance For full value of stocks the product should be submitted to
Stock statement Monthly
Network GM may improve ROI for loans
New CRA
Working Capital
Term Loan
Purpose Working capital needs
Discretionary Power According to loca- Inspection Monthly by FO in controller as prescribed under Cir.
SB 1 & 2
2 to 1.5% < SBAR
1.5 to 1% < SBAR
-Acquisition of machinery/ factory building > 2 lacs < 25 lacs upto 0.75%, subject to
busy season, otherwise once in 2
tion of a/c-Intensive Brs at Com centres to be
min
9.5%
for
WC
&
10%
for
WC.
Further
SB 3, 4 & 5
1.5 to 1% < SBAR
1 to 0.5% < SBAR
for modernization etc.
months. Quarterly by MOD/BM.
Circle CGM may improve upto 1.25% <
handle by CAA without limit; Br of IV & V < 1 cr
CirCo/Adv/135/2004-05 dt 24.9.04.
SB 6 & 7
1 to 0.5% < SBAR
0.5% SBAR to SBAR
card rate min 9% (WC) & 9.5% (TL) (Ref
Sanction
As
per
sch.
Of
delegation
of
power.
SB 8 & 9
SBAR to 0.5>SBAR
0.5 to 1% > SBAR
e-Cir 605 dated 25.03.2006)
Rationale: i. To mobilize a portion of privately held stock of gold in the country and put it into productive use reducing countrys reliance on import of gold. ii. To provide the depositors the opportunity to earn interest income on their idle gold holdings, freeing the
65 GOLD BANKING SCHEME
problems of storage, movement and security of gold in their possession. Eligibility: Resident Individual singly or two (F or S)/ Minor under natural guadianship, HUF, Trust, Company. KYC norms to be followed. Nomination: Only for Single Individual. Tenure
& Interest: 3, 4 or 5 years, interest 1.00, 1.25 & 1.5% respectively, compounded annually in March. Authorised Branches: Gold will be held with Overseas Br, Mumbai (Nodal Branch), deposit of gold available at 50 Designated Brs in India incl Patna Main &
The scheme relaunched on 16.03.09
Ranchi Brs. Acceptance of Gold: in scrap form (gold bars, coins, jewellery not having ornamental or antique value) only. Minimum Quantity 500 gms, Maximum No limit. Gold Deposit Certificate issued by Nodal branch within 90 days of receipt of gold.
(e-Cir 734 dt 14.03.2009)
Repayment/ Redemption of principal on maturity either in gold or in rupees. Premature payment: Lock in period 1 yr. Penalty of 0.5% for 1-3 yrs, 0.25% for beyond 3 yrs. Renewal: permissible on then prevalent rate and tenure. Transferable by endorsement and delivery. Income Tax: Income exempted. Loan & Advances may be granted by any Br. CRR exempted on GDS. SLR - at applicable rate. Commission: Nodal Branch will pay one time commssion of 1% to Designated Br. (For further details refer eCir 629/ 17.01.09).
-A/c SA for the last 3 years
WC assessment norms simplified and for unit with turnover of 100 crs, simplified Nayak Com -Card holders are preferred for grant of packing
66 SBI EXPORTER GOLD CARD
Limit sanctioned is valid for 3 yrs.
SCHEME-No irregularity/adversity in conduct of ac
credit in foreign currency.
Scheme offers credit at concessional rate of interest e.g. Norms applied. Time norm 25 days (new) & 15 d (renewal). Adhoc limit & 7 days. Standby
-Not blacklisted by ECGC or RBI
To provide hassle free working capital
limit of 20% to all card holders over & above the limit to meet exigencies without any levy of
7.75% to 9% (Ref e- Cir 553 dated 03.02.2006)
-Not incurred loss in last 3 yrs.
commitment fee, up-front fee and additional interest (e-Cir 544 dated 11.01.2007)
finance to creditworthy exporters with a
Ref CirCo/Adv/ 98 dt 6.8.04 & 127 dt 16.9.04
good track record.
-OD export bills<10% of Previous yrTO* * dispensed for FY 2009-10 (Refer e-Cir 433/ 24.09.09)
TPM : Rs 500 (sanctioned after 01.04.2005)
Private & Govt Aided School/ Colleges, Minimum Rs. 0.50 lac. No Maximum Ceiling (Ref Corp Cent Let No. Disbursement In stages for construction purpose or Primary- Hypo of assets. Collateral Ref.CC/FO/Adv/ 01/2005-06 dated 04.04.05
67 SCHOOL PLUS Loans to Medium
thru A/c payee cheque to supplier/Vendors.
Sized Schools of repute for purpose of Schools/ Colleges run by trusts of good SME/T&S/11 dt 04.04.05)
<2 lacs-PG of Promoter/other , 2-10
Ref. Corp Centre/ SME 23/ dated 06.11.2004
-DSCR not below 2. Repayment within 36 (< 2 lacs), lacs PG of Promoter or others + 20% Ref Circo/ Adv/ 261 dated 10.01.2005
Construction of new Bldg/ repairing;
standing, Technical recognized by MCI/ Margin 15% of the Project. ROI 0.75% below to 1% above SBAR
depending upon risk assessment matrix. Now, Advance to Colleges 60 (2-5 lacs), 84 (>5 lacs) EMIs.
purchase of equipments, software, furni- AICTE/ NBA. Applicant getting credit
tangible, > 10 lacs PG + EM of
also (Other than Professional & Coaching)
-No bar to grant 2nd loan within the limit.
ture, addl land for play ground, Bus etc. score of less than 4 are not eligible.
School.
Ref e-Cir 353 dated 27.08.2009
68 Express Vendor Discount Sch (EVDS) Financing Receivables/ Purchase orders Facility : EVDS/ PEVS limits on all vendors of an Ind Major (IM) ROI decided by COCC I, Margin & Security -generally Documentation Drafted by Law Dpt Br will be responsible for review/ renewal,
Pre-ship Express Vendor D Sch(PEVS) of Vendors of reputed Industry Majors
Agreement from IM & Consent letter
enhancement, control, follow-up & recovery.
Loan : Agg limit on all vendors for IM decided by COCC I, Indiv NIL, Liquidation of loan from proceeds of EVDS/
from Vendors. Vendors a/c at branch. Ref. CirCo/Adv 275 of 2004-05 dt 18.01.05
-Supply chain Financing ag. Bills/orders selected by COCC I
limit on each vendor granted by CAG. Period : 1 yr sub renewal PEVS on supply of goods.
69 CAR LOAN TO SME UNIT (New Individual Min. NAI Rs 4 lac

Vehicle)
( e-Cir-1244/13.02.14)
-To provide TL to unit (Standard Asset)
or promoter/ partner (spouse/ children
also) of existing SME units for purchase
of cars, jeeps, Sports /Multi-utility vehicles (S/ MUVs)
Car Loan to SME Unit OLD

( All other features as per mentioned
above)
Not more than 5 yrs old, No

Loan on Duplicate Registration
Book
Loan Amount Max 2.5 times of NAI, No Upper Ceiling Amt.

EMI/ NMI % should not exceed 50% (AGM Br/ Region may extend
60%).Margin: 15%.Interest revised at 1.25% above the Base Rate
i.e. 11.25% p.a.Applicable to the Car Loans sanctioned with effect from
23.4.2012.( Circular No. : NBG/SMEBUSME CARLOAN/13/2012 13
dt. 22.05.2012) Pre-payment Penalty : 2% of amt prepaid if taken over/
repaid < period/ part pay inYr 1. No penalty if prepaid for pur
new/used car
Assessment of loan based on personal Net Worth &

Repayment capacity of Borrower.
Repayment - Max 7 yrs in Equated Monthly/ Quarterly Installment. Post Dated cheques to be obtained
from the borrower.
Penalty A/c remains irregular beyond 30 days a
penal interest of 1% p.m. above applicable rate.
Security -Only Hypothecation of

Vehicle (must be recorded at RTO),
No additional or extension of charge.
Document As P Seg Car Loan
Insurance 110% of value/ loan,
Comprehensive, Banks interest to be
noted on Insurance Policy.
Loan Amount : Max Rs 15 lacs

Interest Only Floating
All other details as above
Valuation/ Fitness certificate by reputed garage Repayment: within 7 yrs of sale.

(Not required under Maruti True Value or
Automartindia)
- Processing Fee to be recovered upfront,

when loan sanctioned 0.5% min Rs 500 max
Rs 10000, when rejected 0.25% min Rs 500
max Rs 2500 (e-Cir 673/ 11.02.09)
- Disbursement by A/c Payee Draft or B Cheque issued without charge.
-No Inspection if SA, otherwise NPA norm
Take Over allowed when vehicle not

more 2 yr old, of single ownership, no
insurance claim availed & only SA.
70 PETRO CREDIT To finance Franchisee Facility : TL & CC
71
of Reliance Industry Ltd (RIL) for Petrol

Retail Outlet Dealership under Tie-up.
( Since withdrawan )
OPEN TERM LOAN (For Mfg Sector)
-A pre-approved facility sanctioned to
units along with renewal/ review of WC in
order to plan their capital expenditure and
negotiate with suppliers of finalize a best
possible contract.
- Time over run cost over run.
-No Bank in India come with such sch.
Segment : SME Amt of Loan : TL 50%of cost of land and 80% of Security deposits with RIL (Co owner Dealer operated CODO Quantm as per eligibility), 75-85% of cost of project for RO (Retail Outlet Max Rs 100 lacs). CC
75% of cost of Petrol or 4 days cost of sale, which ever lower (Quantum- as per eligibility) Eligible customers Corporates/ Non-corporates/ Individuals having dealer-ship appointment letter from RIL Application with Project Report forwarded by RIL
with letter of intent issued by RIL Margin : CODO 50% for land, 20% for security deposit, 25% for WC, RO- 15-25% for TL 25% for CC. Repayment TL: Fixed Int 54 EMI, Floating 78 EMI (Moratorium 6 months), CC- on demand, Renewal every year.
Security Adequately Inspection Monthly Insurance Full Market Value Documents- Revised C&I Documents Reference Circulars CirCo/ Adv/ 350 and 351 of 2004-05 dated 23.03.05.
Eligibility: Existing or new Corporate/ Non-corporate customers of SME (Manufacturing) segment with ratings of SB3 or SBTL3 and above (SB4/SBTL4 on selective basis if approved by CGM). Request from Non-customers considered on Take over norms.
Purpose: Any genuine commercial purpose in line with regular business activity of the customer like Expansion & Modernisation, Substitution of High cost debts of own or other banks, Up-gradation of Technology/ machinery, Acquisition of software, hardware
etc, Acquisition of ISO & other Certifications, Visits abroad for business development etc. Quantum of Loan: Maximum Rs 250 lacs (CCC-I in LHO may enhance the quantum). Repayment: Max 3 years (SA may selectively consider up to 5 years). Currency
of Sanction: 12 months from the date of sanction. Margin: 10% uniformly. Disbursal: Borrower is free to avail facility at their convenience. Disbursal by Branch on demand from the borrower subject to scrutiny of certain basic financial information Current
Ratio & TOL/TNW at acceptable level (3.0) (CA Ratio > 1), DSCR at least 1.75. Other Requirements: 1. Documentation is to obtained upfront for the sanctioned TL 2. Purpose wise Sub-limit may be drawn. 3.At the end of 12th month, branch has to take stock
and cancel the unutilized portion of TL Limit. Pricing: As per the credit rating of the borrower on floating rate basis linked to SBAR. Security: Primary- Hypo/Pledge of machinery proposed to be purchased out of TL. Collateral: Extension of charges & obtention of additional tangibles, Personal Guarantee of promoters in all cases, Pledge of Promoters equity in case of Corporate. May be sanctioned many times. (Ref e-Circular 112/2005-06 dated 08.07.2005)
Eligibility: Existing or new customers or non-customers (complying take-over norms) with SB3 or SBTL3 and above. Target Group: Medical Tourism, Hotel, Schools, Medical/ Engineering/ Management colleges and Fleet operators. Purpose: Any genuine
commercial purpose Expansion & modernization, Substitutions of high cost debts, techno-upgradation, Acquisition of software, hardware, vehicles, fixtures, ISO or other certifications, visits abroad for business development etc. Loan Amount: Maximum Rs 1
crore. Repayment: Normally 3 yrs, SA may increase upto 5 yrs. Currency of sanction: 12 months form the darte of sanction. Margin: 10% uniformly. Disbursement on demand subject to compliance of certain criteria CA & TOL/TNW at acceptable levels,
DSCR atleast 1.75, transaction in a/c as per business plan given at the tome of sanction. Unit is free to avail this facility, multiple times at their convenience within 12 months & within overall limits. At end of 12th month, Branch has to take stock and cancel the
ness enterprises to meet genuine unutilized portion of TL limit. The repayment installments of the different sub-limits disbursed during the currency of sanction, can be clubbed together and done on a month or quarter end with the consent of the borrower. Pricing: As per credit rating of the
commercial requirements relating to borrower on floating rate basislinked to SBAR. Security: Primary Hypothecation or pledge of proposed assets. Collateral Extension of charge, additional tangibles, personal gurantee of partners invariably obtained, pledge of promoters equity (Corporate).
their regular business activity.
Assessment & Monitoring and Discretionary Power: As applicable to Term Loan.
Ref e-Cir 434 dated 22.11.2006.
Target Group: Owners of Restaurants, Fast Food chains. Eligibility: Individuals, Partnership firms, Corporates, Trusts. Purpose: For purchase of kitchen equipments, furniture, fixtures, land and investment in interior decoration. Facility: TL or OD. RepayFINANCE TO RESTAURANTS
ment: 7 yrs when land & building cost included in loan, otherwise 5 years. Amount of Loan: Investment for above purposes less margin/ promoters equity which ever is lower. Security: Hypothecation/ Pledge of the assets financed by bank, Tangibles,
Personal guarantee, Promoters equity. Margin: 25%. Insurance: Full value of assets & collateral. ROI New Score > 75 SBAR, 65-75 SBAR + 1%, 50-65 SBAR + 2%, < 50 Not eligible; Takeover cases - > 75 SBAR, 60-75 SBAR + 1%, below 60 Not eligible.
Inspection: Monthly by FO, Quarterly by DM/ BM. Sanction of lan & its pricing as per Credit Assessment Matrix.
(For details refer e-Cir 258 & NBG/SMEBU/15/ 2005-06 dated 23/09/2005)
Eligibility: Mfg & Trading units rated SB 5/ SBTL 5. Exporters, Industries/ Hotels with matching Forex inflows preferred. Facility: Demand Loans: Period 3 to 11 months, Loan within Rupee MPBF/ ABF, can be part of CC/ WCDL. Disbursement & RepayForeign Currency Denominated
Loans (FCDL or FCNR (B) Loans) ment in one lump sum. Maximum no of loans 7 per borrower. Term Loan: Period 1 to 3 yrs, Need based loan, Min disbursement USD 50000/ GBP 30000. Time gap between 1st & last disbursement 3 months. Repayment- Q/HY on cash flow. Max no of
loans 2 per borrower. Currency: USD, GBP, Euro, Yen depending on availability of funds. Loan Amount: Minimum- USD 50000 or Equivalent & in multiple of USD/GBP 10000 & Yen 1 million thereafter. Maximum- USD 20 million per borrower. Prior approval of FD required before commitment to borrower. Pricing based on Credit Rating. Upfront fee: Rs 25000 for each DL, Rs 35000 for each TL. Commitment charge for < 15 days NIL, 15-3 months 1%, if not availed 3 months, loan treated as cancelled.
Penalty for early repayment (Min locking period 3 months) 1.5 % p.a. If loan not availed within 3 months, loan treated as cancelled.
72 OPEN TERM LOAN For Service Sector.

R : To provide line of credit to busi-
73
74
@@ AGRICULTURAL LOANS: FOR REVISED INSPECTION NORMS Please refer Corp Centre Circular No. NBG/ABU-BP/1/2005-06 dated 09.06.2005 (e-cir 75/2005-06)
SME SEGMENT: Simplification of Documents The new set has , in all, only 13 documents grouped under 7 categories : 1. Initial Documents- SME-1(Letter of Arrangement), SME-2 (Agreement of Loan cum Hypothecation, SME 2A (Assets particulars acquired after execution of SME-2), SME-3 (Guarantee Agreement) 2. Supplemental Document : SME-4 (Suppl Agreementof Loan-cum-Hypothecation, 3. Documents/Recital for creation of EM- SME-5 (Memorandum for recording creation of mortgage by deposit of title deeds), SME-6 (Letter of confirmation for creation of mortgage by deposit of title deeds 4. Documents/ Recital for extension of EM: SME-7 (Memorandum for recording extension of mortgage), SME-8 (Letter of Confirmation for extension of mortgage) 5. Documents for creation / extension of Regd Mortgage: SME-9 (Deed of Mortgage), SME-10 (Deed of further charge), 6. Complementary Documents: SME-11 (Revival Letter), SME-12 (Link Letter), 7. Misc Documents: SME-13
(Title Investigation Report) (Ref e-Circular 154/2005-06 dt 23.7.05) Note: SME 13 is no more valid wef 01.07.2006, now fresh format designed (Ref e-Cir 100 dated 12.06.06)
DOCUMNETATION AGL: AB Series AB 1 (Agreement-cum-hypothecation), AB 2 (Guarantee), AB 3 (Mortgage Deed), AB 4 (Revival of AB 1), AB 5 (Revival of AB 2), AB 6 Format to apply, AB 7 (Conversion of Crop Loan to TL).
DOCUMENTATION SBF: WC Arrangement letter, Agreement of Hypothecation/ Hyp-cum-Guarantee, D P Note, DPN Delivery letter, No Lien letter from land lord (if on rent). TERM LOAN Arrangement letter, Article of Agreement for MTL, Guarantee Bond for MTL, Pledge letter, No lien letter (if on rent)
DOCUMENTATION SSI:WC General Agreement Hypothecation over all asset for entire liability, Ancillary Agreement A.A.1 (Hypothecation), A.A.2 (Pledge), A.A.3 (Bill Finance), A.A.4 (Clean adv, Adv ag specified securities), A.A.5 (Ad-hoc limit), A.A.6 (Non Fund limit LC, BG, DPG), Guarantee Agreement, Supplementary Agreement, Linking letter SSI:TL- General Agreement for MTL, Ancillary Agreement A (Pledge) & B (Equitable Mortgage), Guarantee Agreement, Supplemental General Agreement, Mortgage Deed for Addl Term Loan, Guarantee deed for Additional Term loan
DOCUMENTATION C&I: C 1- agreement of loan for overall limit, C 2- Hypothecation agreement, C 3 Agreement for Pledge, C 4- Guarantee Agreement, C 5- Individual limit, C 6- Revival letter, C 7- English Mortgage, C 9- Equitable Mortgage.
REVISED INSPECTION CHARGES (Other than P Segment Advances) (Ref e-Circular 225 dated 03.08.2006) Loans upto Rs 25000 = NIL, Above Rs 25000 below 2 lacs Rs 500 p.a., Rs 2 lacs to Rs 5 lacs = Rs 500 per lac p.a. for inspection within municipality max Rs 10000 p.a. (For outstation inspection,
Actual charges + 25 %, subject to minimum Rs 10000 p.a., Above Rs 5 crs = Actual charges + 25 % min Rs 10000 p.a. In case of Mortgage Loan for trade & services, SME Card , SME Smart Score, where periodicity of Inspection is once or twice a yr, the charges will be as under- Upto Rs 25000 Nil, >
25000 to 2 lacs: Rs 500 p.a., > 2 to 5 lacs: Rs 500 per lac within muncipal or 8 km max Rs 10000 if Monthly, Rs 7500 (Quarterly), Rs 5000 (HY), Rs 2500 (Yearly) and For Outstation or > 8 Km: Actual charges + 25% subject to min Rs 10000 (Monthly), Rs 7500(Qly), Rs 5000 (HY), Rs 2500 (Yearly), > Rs 5 crs
Actual + 25% min Rs 10000
(Discretion to reduce charges upto 25% (DGM), 50% (GM), 75% (CGM), 100% (MD & GE)
LOAN PROCESSING CHARGE

Fund and Non-fund based limits
Loan upto Rs 25000
NIL
Above Rs 25000 upto Rs 2 lacs
500
Above Rs 2 lacs upto Rs 1 Cr
500 per lac
Above Rs 1 Cr
400 per lac,
(To be charged on Adhoc limit also)
Min 50000,
Max 20 lacs
1.No charges on own TD, Govt Sec, NSC, KVP, IVP etc
2. Recover 25% charge up-front, irrespective of sanctioned limit
3.No Proc Charge on TL, as Up-front fee recovered
4.Recover charge at initial processing as well as renewal
5.Recover charge for continuing loan, if not renewed in time
6.Loans under GSS, recover charges as their terms.
UPFRONT FEE
Upto Rs 2 lacs
T L Above Rs 2 lacs- upto Rs 5 Crs
T L Above Rs 5 Crs upto Rs 10 Crs
T L Above Rs 10 Crs
-
NIL
1.25% of loan amt
1.50% of loan amt
1.00% of loan amt
Min Rs 15 lacs
To be charged on Short Term Corporate loans also

For sch where refinance is obtained, fee as specified by
agency
ject Appraisal Fee w.e.f 01.07.2007 (Ref e-Cir 196 dated 07.07.07 & e-Cir 713 dated 02.03.2009)
PROJECT APPRAISAL FEE

Project Cost
% Of Cost Minimum Maximum
Upto 25 Crs
1.00
10 lacs
25 lacs
> 25 50 Crs
0.75
25 lacs
37.5 lacs
> 50 100 Crs
0.50
37.5 lacs
50 lacs
> Rs 100 Crs
50 lacs
Negotiable
LEAD BANK FEES
Not less than 0.15% of WC limit extended by Consortium.
A higher % where feasible.
Max Rs 30 lacs.
No processing charge, Where Lead Bank fees recovered,
OTHER CHARGES
Allocation of Limit: Rs 10000 p.a. to each allocatee branch.
Equitable Mortgage (SSI & C&I only) Per unit FB Limit
Up to Rs 10 lacs
Rs 500 per lac
Above Rs 10 lacs up to Rs 5 Crs Rs 15000
Above Rs 5 Crs
Rs 20000
Inland BGs (Performance as well as Financial Guarantees
Up to Rs 5 Cr
2.75% p.a.
Portion above Rs 5 Cr & up to Rs 10 Cr
2.25% p.a.
Portion above Rs 1 Cr
1.75% p.a.
Plus Rs 250 in each case as handling charges.
Borrowers rated SB5 & below 0.25% p.a. over & above normal charge.
Minimum Guarantee Commission Rs 400/-.
BG with 100% cash margin 25% of the applicable charges.
ADVAN
CES
(ALL)
RELATE
D
FEE
Proc
essin
g
Fee,
Upfront
fee,
Pro-
DEPOSIT (LIABILITY) PRODUCTS OF SBI

Sl. Name of the Scheme &
No. Objectives/ Purpose
1 MULTI-OPTIONS DEPOSIT- MOD
Eligibility &
Type, Period and Amount of Deposit ROI (See Page: Latest
Interest) & Repayment
Authorised Branches
-Single/ Joint names incl.

-TD/STD Type + SB or CA
-1 year to 5 years
Minor above 10, NRIs (on
repatriable basis) etc.
-No Restrictions, Min Rs.10000 X Rs 1000
(Subsquent 5000 X 1000)
-Introduced in all Branches
from 01.04.1998.
-Eligibility & Authorised Brs as SBI MODS. TYPE:Saving Bank + SBI MODS
SAVING PLUS
-Maximisation of Interest on SB to combat -Like SBI MODS min 1 year.
-Minimum SB A/c Balance Rs. 25000 Threshold Balance 35,000 (Jan,15 SBIRD
competition effectively
SMS n Digest Jan15) and Auto-sweep to MOD Min. Rs10000 in X Rs 1000. Auto
-Earn interest while you sleep.
sweep weekly on Monday to be done by Global Centre.
-Competitive Product for deposit Mobilisation
-To meet challenges of FBs/ New
PSBs/ Non-Bkg FIs.
4
5
RICH SAVINGS A/c renamed as
PREMIUM SAVING ACCOUNT
Acknowledgement of Deposit &

Advance/ Withdrawal against Deposit
-ROI as on TD/ SB
-No FD Receipt issued, only confirmation letter.
-Repayment Principal + Interest -Overdraft against Deposit thru CA against usual
on maturity
margin & interest linked as per TD Loan.
--Or Withdrawal allowed in multiple of Rs. 1000 thru
CA or SB a/c.
-ROI as on TD/ SB
-No FD Receipt issued
-Repayment : Flexible
-No overdraft/ DL against SBI MOD-FD
-Can withdraw from FD by cheque of SB without loss
of interest. Also by ATM and Internet Banking.
Nomination,
Penalty & Other Benefits
Special Features,
Reference Circulars.
-Nomination allowed
-Extension of Maturity allowed
-Banks lien noted while opening of MOD

-Int. paid Quarterly/compounded as TD/STDs
-Crediting to SB, latest would be broken(LIFO)
-Min. balance of SB a/c Rs. 500, No PB issue.
-Nomination allowed
Auto-sweep facilitates the customer in moving his funds lying in SB a/c to Time Deposits under MOD without his intervention, enabling better yield on his idle fund.
-If the avg balance during the quarter fall below Rs 5000, service charge will be
charged as applicable to SB A/c.
-Customer free to change threshold limit & maturity period of MOD any time without any
restriction.
Date of launch: 27.09.2007. Purpose: To attract Mass Affluent and HNI customers to maintain higher balance in their demand deposit accounts. Segment: Personal. Eligibility: Residents, above 18 yrs of age. Mode of holding:
Single/ Joint/ Joint with survivorships. Type of A/c: SB A/c linked to MOD A/c, for auto-sweep for issue TDs with unitized break-up facilities. Branches: All Branches. Deposit Amount: Minimum - Rs 25000, Maximum No limit.
Interest: Savings Bank rate & TD rates for MODs. Auto-sweep Facility: 1. Auto-sweep to TD/ STD under MOD, in units of Rs 1000, minimum auto-sweep Rs 10000. 2. Auto-sweep once a month on any chosen end of date. 3.
Convenient drawals in multiple of Rs 1000 in cash or by ATM/ Internet Banking/ SI on LIFO (Last In First Out) or FIFO principle as desired. In absence of any mandate, LIFO followed. 4. MOD will be broken to maintain minimum
balance of Rs 25000 in Rich Savings A/c. 5. Period of MODs: 1 to 5 years as desired or 1 yr by default. 6. Customer may change the period of any MOD at any time. Cheque facility: Normal SB Cheques. No charge upto 100
leaves in a FY. No limit of drawals. ATM-cum-Debit Card: Free Gold Cards (Visa/ Master). Internet Banking: Free for viewing a/c & utility bill payment. SMS Alert: Free. Inter-core transactions with 25% concessions on home/
non-home branches. Multi-city cheques: 25 leaves free in a yr. Passbook: Free in addition to free statement by Internet. Remittance: 50% concession on draft issue & cheque collection. Free RTGS/ NEFT transactions & TT/ B
Cheques issues. Out of pocket charge on TT to be recovered. Penalties: Rs 500 per quarter if min balances on QAB (Quarterly Avg Bal). Rs 500 if closed before 12 months. Others: As applicable to SB or Mod A/cs. Product
Codes: 1029-1481/ 3481/ 4481/ 5481. (For details refer e-Circular 376 dated 25 Sept 2007, e-Cir 475 dt 05.11.07)
R: To offer an enriched version of

Savings Bank account consisting of
various concessions and add-ons to
attract Mass Affluent and High Networth Individuals customers*.
Note Our SB a/c is the oldest banking
products in country. It is fulcrum of every
individuals banking relationship.
High Networth
Advances Min Rs -(A) Deposits Min Rs (B) Assets under Management Min Rs (C) Total Relationship (Min 2 out of A, B & C
*The new definition of HNI (Refer e-Cir 581 dated 19.11.2009
Metro/ Urban
10 lacs
5 lacs
2.5 lacs
Rs 15 lacs
Affluent: Annual Income Rs 10 lacs to Rs 15 lacs per annum.
Mass Affluent: Annual Income Rs 2.40 lacs to Rs 10 lacs per annum
Semi-Urban/ Rural
5 lacs
2.5 lacs
1.25 lacs
Rs 7.5 lacs
SUPER SAVER TERM DEPOSIT Purpose: To offer higher rate of interest to long-term depositors. Segment: Per. Eligibility: Resident Individuals. Mode of Operation: Single or joint. Type of a/cs TD or STD. Period: 4 yrs and upto 10 yrs. Branches All. Min Deposit Rs 10000 and in multiple of Rs 1000, Max No ceiling ROI: See Page: Latest Interest 1% Pre-mature Penalty on int on deposit remains with bank for public & staff also. A/c opening process, Nomination, Loan facility and TDS as applicable on FDs. (Ref e-Cir 109/2006-07 dated
SCHEME: (W.e.f. 01.05.2006)
15.06.2006, Revised Int Rate wef 27.11.06 e-Cir 476/ 11.12.2006)
Since discontinued (e-Cir 474-5.11.7)
-Corporate a/c : No nomination
-Corporates
& Institutions:
-TDR & STDR
-ROI as per TD
-No FD Receipt issued, An AD of Deposit issued,
CORPORATE LIQUID TERM DE-Repayment of Principal plus
Monthly statement of a/c furnished
-Fine of Rs 50 if balance below 50000
All C&I clients.
-15 days to 3 years
POSIT SCHEME CLTD.
-All Branches
-Minimum Rs. 50000, Subsequent deposits
interest on maturity
-Partial withdrawal in units of 5000 thru CA by cheque
-To provide unitized break-up of TD to
25000 in X 5000
Reduced Int on Premature Payment.
corporates and institutions with partial
-No Advance against CLTD
withdrawal facility
Single/Joint names incl minor, -STD Type
-do-No Receipt, Pass Book issued
All Rules/regulations applicable to STDRs are
LIQUID TERM DEPOSIT SCH.
-1,2,3,4 & 5 years
-Advance allowed as per STD Norms
followed.
-To provide unitized break-up of TD NRI & Others
-All Metro, Urban & Semi-Minimum Rs 1500 in X 100
-Partial withdrawal minimum Rs 500 & in X of 100,
to Individuals with partial withdrawal
Reduced Interest on pre-mature payment.
Urban Branches.
facility
Single & Joint names incl

To provide unitized break-up of TD to minor of Agl & Rural Areas
-All R/ SU Brs with
Individuals with partial withdrawal
ABDs/ADBs
LONG TERM FLOATING RATE Individual (S&J), HUF,Trust,
Co, NBFC, Pension Fund,
DEPOSIT (Since discontinued,
NRI, RRB
Relevant for old Deposits)
-All Branches
SENIOR CITIZEN DEPOSIT SCH -Residents with age 60 yrs
and above
To provide FD at differential rate to
-All Branches
senior citizen (e-Cir 448/ 28.11.06)
KISAN MITRA JAMA YOJNA
-STD Type
-12 to 120 months
-Minimum Rs 1500 in X 100
-TD Type
-8 and 10 years
-Minimum Rs 50000
-TD/ STD Type incl MODs, RD & Money Box
-Minimum 1 year, Maximum 10 years.
-Min Rs.10000 in X 1000 (RD min Mv 10000)
-do-
Floating Int : Up or Downward

-ROI for 8 yrs (+0.25%) & for 10
yrs (+0.50% above base rate)
-Repayment of P + I on maturity
-ROI 0.50 above normal rate
See Page: Latest Interest
-Repay.of P+ I (STD)on maturit
-do-
-TDR issued
-Advance as like FDR
-Pre-mature WD allowed on 30 days notice at 1%
below applicable rate for < 6 yrs, > 6 yrs Base rate.
-FDR Issued
-Advances as like FDR
-Pre-mature withdrawal allowed
-do-
Nomination available only to Individuals -Advantage of Interest fluctuations for long

term portfolio management
Interest is paid quarterly from the date -Deposits are not transferable
of the deposit.
-Deposits are subject IT Rule- TDS.
Nomination available 1. Signature of nominee duly attested by Sr Citizen obtained.
2. Option to write name of nominee on receipt apart from nomination registration no.
(if Sr Citizen not agreed for above provision, consent letter to be kept in record)
10
Product Features: 1. Available in 3 currencies Rupee, Euro & USD. 2. Denominations: Rupee Rs 5000 & Above in multiple of Rs. 1000 for 3 & 5 yrs, Euro & US Dollar - 2000 & Above in multiple of 1000 for 3 yrs only. 3. Issue Price in round 10 in Rupee
and 1 in Euro & USD. 4. Interest: Same as respective currencies & tenor. 5. Kanak Dhara can be issued in favour of applicant or any other person (only Individual) specified by the applicant without any details of the beneficiary. KYC norm to be followed at the
time of payment of deposit (However, full detail of beneficiary obtained at time of issuance). 6. Payment by A/c Payee cheque or in A/c of beneficiary only. 7. Overdue KD renewed as STDR for same period unless mandated otherwise. 8. Currency-wise 3
series KD with separate design. 9. KD is non-transferrable & non-negotiable. 10. All Branches can issue Rupee KD, but Euro or USD KD to be issued by A & B category branches only. 11. Loan is available as normal FD. 12. Additional Interest to staff/ pensioner/ senior citizen as applicable in other schemes. Marketing Tips or Comparative Advantage of Kanak Dhara over other vanilla deposit products 1. KD is issued in broken amount with round sum maturity. 2. KD can be purchased in name of 3rd party. 3.
Beneficiary can receive payment without any intervention of the applicant. 4. An Attractive gift product i.e present a gift of Rs 10000 (maturity value) in Rs 7244 (Issue value) to near & dear ones. 5. Maturity in round amount only. (Ref e-Cir 110/2006-07 dated
15.06.2006)
-TDR/ SB Passbook is issued
Withdrawal- SB : apply with Pass book -Withdrawn amt to be utilized within 60 days
-ROI as applicable on TD/SB
CAPGAIN PLUS Product for parki- Resident Individuals, HUF, -TD & SB Type
-2 yrs if capital gains is u/s 54B, 54F & 3 yrs if u/s -Interest application quarterly in -No loan facility, Deposit can neither be accepted as on form C/G/H, No ATM card & Cheque -Staff will get interest benefits, but Sr Citizen
ing of capital gains for a max period of 3 Firm, Co, NRI etc. Addition/
TD and Half yearly in SB.
margin nor as collateral.
Book issued, WD >25000 by way of DD will get normal Interest (e-Cir 604 dt 15.1.8)
yrs & utilization thereof for capital invest- Deletion of name only on prior 54, 54D & 54G
permission of ITO.
-Minimum 1000 in TD & 1000 in SB a/c
-TDS Applicable
-Pre-mature payment on specific authority from ITO. in fvg payee. TD-Wd by transfer to SB -Attractive life cover under SBI Life-Super
ment. Sch first introduced in 1988.
-All except Rural Branches
(e-Cir-1205/04.03.13)
-Nomination available.
Suraksha at spl premium.
CORE POWER (For CBS Branch) The Product empowers all existing Per Segment SB/ CA Holders of all CBS Branches with following Value added services/ facilities: 1. Transfer of funds by debiting SB/CA from home branch to any other a/c (self or 3rd party) at another CBS branch for same
rd
(Ref Corp Cen Cir NBG/PBBU/LI- day credit. 2. Deposit of Cash (max Rs. 25000/-) by customer or 3 party for same day credit to the account from a non-home CBS branch. 3. Same day credit to the a/c in respect of instruments deposited at home branch and drawn on CBS branches at home
or
non-home
centers
or
vice-versa.
4.
Encashments
of
SB/
CA
Cheques
by the a/c holder at non-home CBS branch for cash withdrawal, transfer of proceeds for credit to SB/CA of self or 3rd party at any other CBS Branch for issuance of Draft/TT/B Chq.
MA/01/ 2005-06 dated 19.07.2005)
Rationale:
To
introduce
a
competitive
paper
based
payment
mechanism
and to leverage the capabilities of CBS, MCC is launched giving added facility to customers to issue cheques payable at par at all CBS branches.
Multi City Cheques (MCC) Salient Features: a. MCC can be drawn by the customer in favour of his client and payable at par at all branches of the Bank. B. It is to be issued only by the identified CBS Branches, c. It is to be paid at par only at CBS Branches, d. It can be issued to an
existing SB, CA and CC accounts in addition to normal cheque books, e. MCC facility is available to the customer through personalized cheque, f. RBI has assigned unique instrument types 29 for CA, 30 for CC and 31 for SB, which will br printed in
the MICR band. All charges towards payment of MCC levied at HOME Branch only. IFB Mumbai was first branch to issue MCC to Smruthi Organics Limited. The upper limit for issue of MCCs for Per Segment customers is Rs 2 lacs, SME Customers max Rs
10 lacs. Charges Rs 3 per cheque leaf to be debited by system. . No cash payment to third parties. ( e-Cir 576 & 578 dt 25.01.07).
KANAKDHARA DEPOSIT SCH
It has been decided to discontinue

MONEY BOX and KANAKDHARA
deposit sch wef 01.04.2009, as their
performance was not satisfactory.
(e-Cir 786 dated 31.03.2009)
11
12
13
Rationales: To build a good relationship with the employees of reputed Corporates/ Institutions with opening salary a/c and giving plethora of benefits in asset & liability products & services Product Features: Four Variants
Silver, Gold, Diamond & Platinum determined on the basis of Gross Monthly Salary (GMS). Eligibility: Corporates- Min 25 employees with Min payout of Rs 1.25 lacs p.m. & min GMS Rs 5000 per a/c. Eligibility: EmployeePACKAGE
GMS Rs 5000-20000 (Silver), Rs 20000-50000 (Gold), Rs 50000-1 lac (Diamond), Above Rs 1 lac (Platinum). Min Balance: NIL for all. ATM-cum-Debit Card: Free to all, Domestic Card to Silver, Gold International (max limit Rs
Background: In last few years we
50000 or $ 1000 per day for Gold & Diamond, $ 2000 for Platinum). Issue & Annual Maintenance fee waived for God & Diamond, Rs 300 for Platinum from 2nd year. Personal Accident Insurance Rs 2 lacs (Gold & Diamond), Rs 5
have lost considerable market share
lacs (Platinum). Internet banking & Utility Bill Payment: Free to all. NEFT/ RTGS charges waived for uploading salary/ other credits through CINB. Core Power: Free to all upto Rs 50000 per transaction only at CBS Brs. Cheto some New Generation Banks,
que Book: Free for all variants except bulk requirements for EMI for other Banks. For all, Personalised Cheque Book available for brs linked to LCPC (Liability Centralised Processing Cell). The upper limit for issue of Multi City
who are offering a bundle of beneCheques to salaried employees under all variants is Rs 2 lacs. Leaf & issue charges NIL. (e-Cir 192/ 6.7.7). Easy Overdraft to all upto 2 months salary at 4% > SBAR & to be adjusted with next salary within 6 months or can be
fits to employees at the core of their
converted into Personal Loan (Xpress Credit in case of SB1 & SB2 Co. Also to SB3 Co satisfying takeover norms). Optio Transactions charges: Chq upto Rs 5 lacs Rs 25 per chq, Above Rs 5 lacs to Rs 10 lacs Rs 50 per chq. Free for
SB a/cs. Recently, we have inPower pack Currnet A/cs (e-Cir 131 dt 01.06.09) A/c Statement in lieu of Pass Book Free to all, Quaterly for Silver & Gold, Monthly for Diamond and Platinum only at Brs linked with LCPC. Transactions at Branch: Free Cash Withcreased focus on entering tie-ups
drawal to all (e-Cir 304/ 4.9.6); 3 (Silver), 4 (Gold), All (Diamond & Platinum) Cash Deposit p.m. Free, Rs 30 per Additional Deposit for Silver & Gold only. Saving Plus (Auto Sweep Facility): For All, Threshold Amount Rs
with reputed Corporates & Institu15000 and TDR/STDR of Min Rs 10000 in multiple of Rs 1000 in any one instance. Besides all Diamond features, Platinum holder will get SBI Vishesh facility. Documents: Proof of identity & residence as KYC guidelines, Salary
tions.
slips of last 3 months for categorization, Request letter from Emplyoyer to open a/c with name & code of employee, Option letter if Saving Plus & Internet Banking facilities. Other Facility: Pre-paid Card (on which reimbursement
for medical/travel/rent/ bills directly uploaded by Co.) may be offered. Payroll card may be given to employees with gross salary below Rs 5000 p.m. with whom we do not wish to maintain banking relationship. (Refer e-Cir
For details Master e-Circular 748
211/2006-07 dated 26 July 2006). Reimbursement Current A/c for all employees opting to open SB A/c. Features CA with zero balance, no annual maintenance charge, ATM card linked with CA and Free Cheque Book with
dated 06.12.2010
50 leaves in a year. (e-Cir 461/ 22.11.06) . Circle CGM may allow Silver variant if all salary a/c with us and < 20% has salary < Rs 5000. (e-Cir 612/ 8.2.07). Tie-up with TCS for issue of max of 15 demand draft per year at par with a max limit of Rs.
14 CORPORATE SALARY
50000 per draft (e-Cir 510 dt 21.11.07).
15
SBI SME POWER GAIN

SBI SME POWER PACK
(New C/A Bundled products for SME)
Rationales: 1. To retain existing customers, bring in new customers and
rapidly increase market share. 2. Novel
liability products for providing value
addition to customers by giving incentives for keeping high balances in a/cs.
Products involved in scheme: 1. SB/CA 2. Saving Plus 3. ATM-cum-Debit Card 4. Internet Banking 5. Multi City Cheque 6. Pre-paid card 7. Xpress Credit 8. SBI Vishesh 9. Core Power and 10. Liability Centralised Proc Cell.
Special Features: SME POWER GAIN (Details of SME POWER PACK scheme under Brackets) 1. QAB Quarterly Average Balance - Rs 1 lac (Rs 5 lacs). 2. Penalty for non-maintenance of QAB Rs 2000 per quarter
(Rs 5000), 3. Drafts 25 paise per 1000 min Rs. 25 max Rs.3000/- (Free) (e-Cir 673 dt 19.2.8). Pay Order/ Bankers cheque Free (Free), Cheque collection Instruments drawn on SBI Br Free (Out of pocket expenses not
exceeding Rs 25). Other Instruments Rs 1/ 1000 Min Rs 25, Max Rs 150- e-Cir 406/ dt 15.10.08. (All same except other instruments Re 0.5 / Rs 1000). Colour of Stationery Yellow (Pink). CRP- Cheque Return Protection Facility- OD limit Rs 25000 (Rs 100000) max period of 10 days at time. OD Interest SBAR + 2% (SBAR + 2%), ATM-cum-debit card Domestic card with withdrawal limit of Rs 25000 per day (International card with limit of Rs 45000
per day). Corporate Internet Banking - Available in both. Multicity Chq Issue Charge- Both Free, Transaction charges Rs 25 / per chq < Rs 5 lacs, Rs 50/ chq > Rs 5 lacs (All Free) (e-Cir 673 dt 19.2.8). Inter-core transactions
a. Deposit of cash, max Rs 1 lac per transaction Rs 100, b. Encashment of chq, max Rs 1 lac per chq, permitted from credit balance Rs 100, c. Deposit of chq at any CBS Br, drawn on any CBS Br, for credit of a/c at Home Br
Intracity: Free, Inter city: Rs 1/ 1000, Min 25 max 1250, d. Deposit of clg chq at Non-home br, drawn on that clg center for credit of a/c at home branch Intracity Free, Intercity Rs 1/ 1000, Min Rs 25, max Rs 1250, e. Remittance of funds from Home Br to other CBS Br Re 1/ 1000 min 25 max 1250 (In all cases FREE). Issue of duplicate statements, cheque books, folio charges & Pre approved car loan Free in both schemes. Processing Fee:
Max waiver Rs 1000 (Rs 5000) for C/C A/cs. Penalty for closing a/c within 12 months Rs 2500 (Rs 5000). Additional Freebies: 1. Free Cash Pick-up from doorstep (at Centres where door pick-up facility available) 10 (20). 2.
Free Cheque pick-up facility (where available) Thrice (Daily) a week. 3. Demat services and eZ trade: Free in name of firm (-do-). 4. Salary a/cs Silver & Gold variants (All variants). 5. RTGS: No concession (Free) (e-Cir 462/
04.11.08).
16 SBI SME POWER JYOTI Current A/c For Institutions, Charita-
ble organizations etc using generic

fee collection functionality
17
18
Purpose: To provide fee collection facility for institutions through our CBS platform. Eligibility: Any Instiutions desirous of collectiong fee from various centers. Nature of Deposit: Current A/c. Branches: All. QAB-Quaterly Avg
Balance: Rs 25000/-. Penalty for non-maintenance of QAB: Rs 1000 per quarter. Type of Transactions permitted: Cash, transfer and clearing. Transactions not supported Batch and tickle feed transactions not supported. NO
Overdraft is permissible. Charges for transaction: The Institution is not charged for fee collection. A commission of Rs 50/- each remitter to be charged manually by collecting branches for credit to their Commission a/c. Cash
handling charges Waived. Transactions not permitted: Transactions other than fee collection is not permitted in non-home branches. Cheque Book not available. The Institution can transfer the required balance through authorization/ sweep. Free Corporate Internet Banking facility. Other facilities: 1. Different types of fees (max 10 items) can be collected through a single challan. 2. Journal / Host Trace No.to be entered in challan copy given to
the remitter. 3. Institution can view the Branch code, Journal No., Reference no. and name of the student through CINB. Documents Required: Usual procedure for opening of the Institution a/c to be followed. Penalty for closing
the a/c within 12 months Rs 500. (e-Cir 192 dated 07.07.2008).
POWER JYOTI PLUS for Brokers We have tailored the product with customized MIS to suit the Broking Houses needs. Power Jyoti Plus a/cs will be opened at our Capital Market Branch, Mumbai. Branches and franchisees of
the broking firms from other will bring only local cheques for credit for these a/cs (no cash deposits) with special challan forms for assured MIS facility. (e-Cir 64 dated 23.04.2009)
Target Group: Individuals, proprietary firms and partnership firms engaged in business activity. Shop or other trade license will satisfy KYC norms. Branches: All our ATM linked and intenet enabled branches. To be used aggressively for tapping low cost
deposits from all traders and service providers. Minimum Balance Rs 1000 (No OD permitted), Maximum cash deposit on a working day Rs 10000, cheque book with 25 leaves p.a. at Rs 5 each (additional leaf for Rs 10 each) for payment of max Rs 15000
Rationale: To make banking facility
each leaf. (e-Cir 672 dt 19.02.08). Limit for Cash Remittance: Rs 10000 per day. Facility Offerred: Domestic ATM-cum-Debit Card with Rs 15000 limit per day, Free Internet Banking, Free transfer to other a/c at branch, Free SI for payment of loan at
accessible to vast section of traders
branch, SI for payment to other a/c at Rs 50 per transaction, ECS at select brs for payment of bills, premia on applicable charges, Immediate credit < Rs 15000 per cheque, Collection of cheque & Inward Bill business at normal charges. Penalty for nonand Non-individual customers.
maintaining min balance Rs 300 per quarter. Documents: 2 Photo, Copy of Partnership deed/ Registration under Shop & Establishment Act/ Memorandum & Articles of Association. Introduction by an A/c holder. Other terms & conditions KYC procedure,
obtention of IT PAN/Form 16 as applicable in CA.
(e-Cir 239 dated 8th August 2006, 672 dt 19.02.08)
Purpose:
In
order
to
enable
the
common
man
to
open/
maintain
bank a/c at nominal cost. Segment: Personal Banking. Eligibility: Individual of 18 yrs earning Rs 5000 p.m. or less as per self-declaration. Now Pensioner (< Rs 5000 pm) also (e-Cir 266/
NO-FRILL ACCOUNT
19.08.06). Mode of Operation: SO/ Jointly/ E or S/ F or S/ Anyone or Survivor. Branches: All except SPB, PBB, MCG,CAG Branches. Initial Deposit: Rs 50/-. Min balance to maintain NIL. Max balance/Amt Rs 10000 in all liability a/cs with us, afterwards
Rationale: To cater the needs of vast
sections of populations not fulfilling SB A/c normal SB A/c. Interest: As applicable to Savings Bank Accounts. (e-Cir 78 dated 31.03.2009). Operation of A/c: Withdrawal by slips and cheque book, ATM-cum-debit card for operational convenience free of charge (e-Cir 257/ 16.08.06), Non-home br
transactions not allowed in CBS Branches. Other charges, A/c opening procedure, terms & conditions, Nomination facility as applicable in SB A/c. (Ref e-Circular 476/ 2005-06 dated 30 Jan 2006). OD upto Rs 25000/- treated as Indirect Agl Finance under
opening norm. RBI Directives.
Priority Sector (e-Cir 121 dt 30.05.08)
SBI SAHAJ-No frill CA for SMEs
19 SBI TINY
Rationales: 1. Compliance of RBI
guidelines. 2. To provide financial
inclusion to the unserved in rural
areas.
(2001 Census: 41% still financially
excluded)
20 SBI-SURABHI Deposit
Scheme
.
21 SBI Tax Savings Scheme,

2006
R : Govt of India directive.
- To cater the needs of Income Tax
assesses.
22 Term Deposit SBI 555 & SBI

1000 Days
Purpose: In order to enable the common man to open/maintain bank a/cs at no cost. Segment: Per. Eligibility: Individuals of 18 yrs & above, daily wage earners/or those with monthly income below Rs 5000. Mode of operation:
Single or joint. Branches: Begin with rural branches may be extended to others. Initial Deposit: Rs. 50. Min balance to be maintained Zero. Max Balance: Balance of all liability products not to exceed Rs 10000; a/c may upgraded to normal on depositors wish. ROI: SB Rate, payable if min balance in a/c is Rs 500 or above. No service charge if balance below Rs 500. SBI Mitras, may be a SHG member, is engaged by BM for assisting depositors.
Job of SBI Mitras Completion of A/c opening formalities & submission to branch, distributing SB PB to depositor against AD, accepting cash in a Drop Box at his place & updating passbooks on the basis of monthly statement by
branch. Remuneration to SBI Mitra Rs 2 per A/c opened, Rs 0.50 per active a/c per month for providing support to a/c holders not exceeding 500. Incentives paid by debit to Branch Commission a/c. Operation of a/c: Max 4
drawals per month by Slip presently at branch only. Deposit Upto Rs 50 at Drop Box, Rs 51 & above in Branch. No charges for maintenance of a/c. A/c opening from as in rural, Nomination available. Special Features: 1. BM
may offer depositor with balance of Rs 250 for Rs 500 as Personal Loan. 2. Voter ID card/ SBI Mitra Introduction sufficient for opening a/c, photographs only for Illiterates. (For further details refer e-Cir 176/2006-07 dated
13.07.2006). ATM-cum-Debit Card issued free of charge. No non-home transactions. Redressal Mechanism BM to sttle dispute upto Rs 100. Insurance under Master Policy. MRFTP (Market Related Fund Transfer Pricing) for
each SBI TINY: Rs 100 per card (e-Cir 316 dated 30.08.2007). Smart Card based No frill A/c in unbanked villages offering banking services through point of sales (POS) instruments handled by Business Corresspondents and no
service over the counters in the branch (e-Cir 567 dt 28.12.07).
Eligibility: Corporates, Institutions, Trusts and Small & Medium Enterprises managing PF or any other trust a/c of their employees. Nature of Deposit: SB or CA linked to Corporate Liquid Term Deposit (may be TD/ STD). Period for CLTD: Minimum 12
months, Maximum 36 months. Minimum Deposit: For SB Rs 1000/-, CA Rs 10000/-, For CLTD Initial Deposit for 1st sweep Rs 10000 thereafter in multiples of Rs 1000/-. Operation of A/cs: 1. Balances in SB/ CA will be transferred automatically by
means of auto sweep facility to TD/ STD on a weekly basis, whenever surplus fund in the a/c. 2. Tenure of deposit to be decided by the depositor at the time of opening of the a/c. 3. Threshold limit in the operation a/c to be maintained is Rs 50000 (Over &
above to be transferred to CLTD a/c). 4. Withdrawal by reverse auto sweep (breaking the deposit on LIFO Last In First Out) in multiples of Rs 1000, to meet the shortfall and to maintain minimum balance. 5. Mandate of transfer of funds to be obtained at the
time of opening of a/c. 6. Deposit broken by reverse sweep attracts interest at card rates, penalty as applicable for premature withdrawal. Interest: As applicable on TD, No differential rate. Loan: No loan/ OD permissible. Branches: All Branches. Documents:
2 Photgraphs of person/s operating the a/c, Introduction by an A/c holder and Copy of Partnership Deed/ Registration under Shop & Establishment Act/ Memorandum & Article of Association/ Resolution for maintaining a/c with Bank as applicable. Other
conditions: Adherence of KYC norms, IT. PAN, Form 60, Letter of thanks as applicable to SB/ CA applies. Product & Product code: SBCHQ-SURABHI-PUB OTH-ALL-INR (1088 2401) & CA-SURABHI-PUB OTH-ALL-INR (5088 2401). Ref. Cir. 287/ 2007-08
dated 21.08.07.
R : To meet the requirements of trusts and other organizations having cash accruals and needing safe investment options of sweep and reverse sweep.
- To provide value added product to the top Corporates/ Institutions/Trusts
Eligibility: Resident Asessee as an individual or as Karta of JHF having income tax PAN. Purpose: To enable our customers to place long-term deposits to earn higher interest and also to avail tax benefits u/s 80 C of IT Act, 1961. Segment: Personal. Mode
of operation/ holding: Single or joint. No deposit in name of minor only, joint holding with an adult allowed. Benefit of 80C available to 1st holder. Type of A/c: TD or STD normal a/c opening process. Period: min 5 yrs, max 10 yrs. Branches: All. Deposit
Amount: Min Rs 1000 or multiples, max Rs 1 lac p.a. Interest: Prevailing FD Rate, Period-wise. See Page: Latest Interest Rates. IT on Interest: Income liable for Tax deduction u/s 194A & 195 of the Act. Pre-mature Closure: Lock-in period 5 years, after
that normal TD pre-mature closure applicable. Nomination: Single of joint holders can nominate any person, No nomination on TD held by or on behalf of minor. In case of death of holder, nominee may encash any time before or after maturity. Stationery:
Normal TD/STD forms. A rubber stamp SBI TSS 2006, No premature closure before 5 yrs, Loan facility not available affixed on TDR/ STDR. Further, TDR is required to bear address, PAN and signature of the assessee. Loan: Not available. A/c may be
transferred to other branches. Duplicate TDR may be issued on indemnity (if TD above Rs 500) and completion of formality, if original lost. Others: 1. TD may be paid to legal heir in case of death the holder after completion of formalities. 2. KYC guidelines to
be followed meticulously. 3. 0.5% penalty if a/c closed after 5 years. For more details refer e-Cir 278 dated 22.08.2006.
Rationale / Purpose: To market medium term deposit aggressively offering attractive rate of interest. Segment All. Branches All. Type of Account TD or STD for 555 / 1000 days. Effective date 17.08.2010. Validity May be withdrawn at
short notice. All other features as in TD / STD. For Product codes & further reference see e-Cir 347 dated 16.12.2010.
DEPOSIT (LIABILITY) PRODUCTS OF SBI FOR NON-RESIDENT INDIANS (International Banking)

No.
1 Non-Resident External Rupee
Account (NRE A/c)
Exchange Risk to be born by
Depositor
2
Foreign Currency Non-Resident

Account (FCNR A/c)
Exch Risk to be born by Bank
Non-Resident Ordinary Account

(NRO A/c)
Eligibility &
Authorised Branches
NRIs. (Individuals or
entities of Bangla Desh,
Pakistan Nationality/
ownership require RBI
approval)
All A, B, C1 & C2 brs.
-doA & B category designated branches
-do- (Other than person

resident in Nepal &
Bhutan)
No Exchange Risk involved

4
Resident Foreign Currency Account (RFC A/c) or Home Coming

Deposit
Resident Foreign Currency (Domestic) A/c (RFC(D) A/c)
All A, B, C1 & C2 brs.

NRI returning to India
permanently
-Designated Brs only
Resident Individuals
Designated Branches
Period, Rate of Interest
Loans and Overdraft and End Use
SB, CA, RD, Fixed Deposits

Joint A/c in name of 2 or more nonresident Individuals
Nomination Permitted
Currency Indian Rupees
FD 1 to 5 years
ROI - Subject to cap :
Rates are revised on
quarterly basis for SB &
monthly in FD.
Term Deposit only

Jointly in name 2 or more Non-Resident
Individuals.
Nomination permitted
Currency GBP, USD, JPY, EURO, AUD
& CAD Min Deposit GBP, USD, EURO
1000
For Yen min 10000 (At present SBI is not
opening Yen A/c)
SB, CA, RD & Fixed Deposits
May be held with Residents jointly
Nomination Permitted
Currency Indian Rupee Only
For 1 to 5 years only

ROI Subject to cap;
Linked with LIBOR.
Rates are revised on
monthly basis.
Loans & overdraft in Indian Rupees max Rs -Personal/ Business activity

1 Cr to A/c holder or 3rd party in India and
-Direct investment in India on
abroad permitted. (e-Cir 92 dated 7 May 09) non-repatriation basis.
Foreign Currency loans in India to A/c holder -Flat/ house for own use
and 3rd party not permitted.
-Fund / Non-fund based to 3rd
party for personal/ business.
-do-doForeign Currency loans in India only to A/c -Automatic Renewal
-Premature WD allowed
Holder and not to 3rd party
-A/c may be transferred to one
branch to other Br.
Period of FD No Restriction
ROI Bank free to determine interest.
Loans & OD in Indian Rupee only to A/c

Holder and 3rd Party in India Only (Not in
abroad)
Purpose of Loan - Personal or business
SB, CA, Fixed Deposits

Joint A/c with resident or with NRI not
permitted
Currency USD only (min $1000)
Current A/c only
Singly or Jointly
Min Balance $ 500 / Euro 500 / GBP 250
Like any resident a/cs

Foreign Currency Loans permitted in India.
bank may fixed period and End use No Restrictions, including indetermine ROI.
vestment abroad
Non-Interest Bearing Current A/c

4 permitted Currency USD, GBP, Euro
and JPY.
Minimum Balance USD 5000 or Equivalent.
- Non-Interest bearing Current A/c with cheque facility.

- Permissible Credits: Earnings in FEX as per limits. Re credit of unutilized FEX as earlier now withdrawn.
- Permissible Debits: Permissible current and capital a/c transactions,
payments towards trade related loans & advances.
Only CA, No Int payable
Loans & OD Not permitted

End Use For permissible current and
capital a/c transactions
Purpose of Loan
Special Features
Ref Circulars
Repatriability Permitted
Source of Funds From abroad
through approved channels
Benefits of Tax Income earned free
from IT, Wealth & Gift Tax.
Free Repatriation of P + I in any convertible currency. Source of Funds
From abroad through Banking Channel. From existing NRE/ FCNR a/c of
same person.
-Income Exempted from IT, WT
(Ref Cir 433/2005-06 dated 07/01/2006)
Not repatriable except i. Current Income and Interest

ii. Upto $ 1 million for any bonafide purpose out of NRO A/c
Source of Funds From abroad through approved Channel & from
existing a/c of same person.
Income earned subject to TDS.
Source of Funds i. FEX received as pension, terminal benefits from
employer abroad.
ii. Realisation of assets held abroad
iii. FEX as gift or inheritance from person who was NRI
Foreign Exchange acquired 1. While visit abroad 2. as gift or honorarium or settlement of any lawful obligation, 3. unspent FEX acquired
during travel abroad 4. Earning through export of goods/ services or
royalty 5. Disinvestments proceeds received on a/c of shares held in
forms of ADR/GDR
Source of Funds A 100% Export Oriented Unit in a. SEZ b. Software
Tech Park c. Electronic Hardware Technology Park may credit upto
100%.
d. Professionals like Scientists, Professors of Indian Universities,
Economists, Lawyers, Doctors, Artists, Architects, Engineers, Consultants, CAs etc
Exchange Earners Foreign Currency Account (EEFC A/c)
DOLLAR PREMIUM ACCOUNT Special Features: 1. A product that combines the benefits of a FCNR (B) Deposit with forward cover to give enhanced return to its depositors. 2. Period 1,2,3 years. 3. Domestic Branches in India offer this product. 4. Minimum Deposit amount is same
8
9
Any exporter upto Outstandings of USD 1

million.
Type of A/c, Nomination, Currency
-An USD FCNR a/c with forward cover for as in FCNR deposits. 5. The product assumes continuation of forward premium on USD/ INR. 6. The product will be available for the depositors agree to receive their USD FCNR payment in INR. 7. Pre mature payment is subject to regulations as applicable to
FCNR. 8. The cost of cancellation of the forward contract will be born by the depositor. Exhange Risk to be born by Bank.
Rupees
SBI SUPREME
Special Features: 1.Product is available at select Branches OBU Bahrain & OBU Seepz, Mumbai. 2. Attractive Interest Rate 40 to 50 bps above FCNR interest rate. 3. Deposit offered fixed/ floating rates on cumulative/ non-cumulative basis. 4.
Different product with better return
Currency of Deposit USD, GBP, EURO. 5. Minimum Deposit USD 10000 or equivalent. 6.Tenor 1 to 5 years 7. ROI Upto 30 bps more than SWAP rate for relevant period depending upon the amount of deposit. 8. Loan & Premature payment available.
SBI SELECT : A multi Currency Option Product available at OBU Bahrain and SBI Hongkong Branch with feature of exchange risk on customers account. Exchange Risk to be born by Depositor.
RELAX & GAIN STRUCTURED Special Features: 1.Specially designed Deposit product to meet the Investors financial needs. 2. Normal period of deposit is 3 yrs or 5 yrs. 3. Scheme offers enhanced yield with Call Option or a Targeted Return. 4. Available at select branches viz SBI,
PRODUCT For Investment Savvy.
OBU, Bahrain.
Note: The last 3 deposit products were especially designed to mobilize IMD Redemption Funds. (Source : SBI Times)
NEW PRODUCTS OF SBI

( LATEST Asset & Liability Products of SBI : At A Glance As on 31.03.2015 )
Ghanshyam Prasad Srivastava

AGM, CPPC, Patna
01
02
03
04
SME
EASY
LOAN
AGAINST PROPERTY
(MODIFICATION
IN
TRADERS EASY LOAN)
CIR. No. 65 DATED
22.04.13
SBI ASSET BACKED LOAN
(MODIFICATION IN SME
EASY LOAN AGAINST
PROPERTY)
CIR No. 873 dated
31.10.13
SBI
FLEET
FINANCE
SCHEME (MODIFICATION
OF
TRANSPORT
PLUS
SCHEME)
CIR
No. 1031 dated
10.12.13
SBI ASSET BACKED LOAN
FOR COMMERCIAL REAL
ESTATE
CIR No. 1339 dated
10.03.14
05 NEW TRACTOR LOAN

SCHEME (NTLS)
(For Internal Circulation Only
1) Eligiblity-a) existing customers already availing credit facilities from us. b) New units with marketable assets to offer as security. c) Takeover of existing
units from other Banks/FI with satisfactory track record. 2) Min. loan amount for trade & service enterprises 10 lacs, for manufacturing 100 lacs ; Max loan
amount-20 crores.3)LTV-60% 4) Margin- for working capital demand loan-25%, for term loan-15%. 5) Repayment- for demand loans-36 months ; for term
loan- 72 months. 6)processing charge-working capital-250/- lac annual ; for term loan-1% of the limits.No prepayment penalty
Purpose- for stocks and build up of inventory/current assets, fixed assets needed for business purposes/ capacity expansion/modernization / technology
upgradation /R&D/shoring of NWC etc. type of loan-working capital limits & term loans.
Purpose- for buildup of current assets and fixed assets needed for business purpose, capacity expansion, modernization, short term working capital etc.
1)eligiblility- a)Existing customers already availing credit facilities from us.b) new units with marketable assets to offer as security.c)takeover of existing
units from other Banks/FIs with satisfactory track record..2)Loan amount-min-10 lacs; max-20 crores3) security-immovable property is pertaining to unit,
its proprietor/partners/directors or their near relatives.4)LTV-for loans upto 10 crores-60% above 10 crores 50%.5)type of loan-dropline overdraft
6)repayment- 12-96 months. Processing charge-1% of the limits and prepayment penalty 2% of the limit.
Purpose-to finance new vehicles.1)Eligibility- Existing fleet operators (goods or passenger) having experience of 5 years or more (cir no.1246
dated13.02.14);fleet operator having existing fleet of minimum 10 vehicles; Requirement of minimum 10 new vehicles or minimum loan amount 50 lacs;
Transport operators holding national/ state route permit and other necessary permits/license/ approval;Satisfactory track record with existing banks/FI;
Income tax assesses; gross DSCR:1.50.2) Loan amountmin-50 lacs ; max -10 crores3) Margin-are linked to scoring model4)repayment- scores between
35% to less than 60%- max 60 months and max 66 months in case scores is 60% and above. 5)processing fee 1 % of loan amount amount (0.25% may be
concesseion in case of score is more than 60% by sanctioning authority.) 6)prepayment fee- 1% p.a. of the outstanding amount.
ELIGIBILITY, TYPE OF LOAN , LTV REPAYMENT,PREPAYMENT PENALTY SAME AS SBI ASSET BACKE LOAN.
LOAN AMOUNTmin-10 lacs, Max- tier1 branch-50crores;tier2/3-20 crores and tier 3 5 crores.
Margin-25%
Minimum land holding-Borrower should possess a minimum land holding of 2 Ac. Margin-15% Collateral security-Mortgage of land. Repayment-Maximum of 5 years with a moratorium of 1 month. Installment periodicity-i) Equated monthly installments. (Relaxed in tune with the regular flow of funds in the hands of borrowers) ii) Post dated cheques have to be obtained from the borrower for the EMI.
Upfront fee-0.50% of loan amount. Rate of Interest-12% p.a
06 REVISED KISAN CREDIT

CARD SCHEME
07 SBI LOAN SCHEME FOR VO-
CATIONAL EDUCATION ANDTRAINING
08 State Bank Virtual Card
Eligibility-i. All farmers-individuals/Joint borrowers who are owner cultivators ii. Tenant farmers, Oral lessees and Share Croppers etc iii. SHGs or Joint Liability etc. Fixation of limit-KCC limit (Maximum
Permissible Limit) shall be sanctioned based on the short term loan requirements and Investment credit equirement of small value in the nature of farm implements/ equipments etc. Collateral
security-Collateral security is waived for a. KCC limit of up to Rs.1 lac b. KCC limit up to Rs.3 lacs for loans with tie-up arrangement for recovery. Maximum Permissible Limit has to be considered for the
purpose of fixing collateral security requirement. Repayment-Each withdrawal under short term sub- limit should be allowed to be liquidated in 12 months without the need to bring the debit balance in the
account to Zero at any point of time. Validity-KCC Limit is valid for 5 years, subject to annual review. Branches shall, therefore, ensure to obtain revival letters before expiry of 3 years wherever applicable, as per the Limitation Act.
Eligibility- The student should have secured admission in a Course run or supported by a Ministry/ Dept./Organisation of the Govt. or a Company/ Society/ Organization supported by National Skill development Corporation or State Skill Missions/ State Skill Corporations. Finance- For Courses of duration upto 6 months Rs. 50,000/- For Courses of duration above 6 months Rs. 1,00,000/-. Margin-Nil. Repayment- Courses of duration upto 1 year: Upto 3 years Courses of duration above 1 year: Upto 5 years. Insurance covering the life of the Borrower is Mandatory.
A limit Debit Card, in association with Visa, which can be created using the State Bank internet banking facility for e-commerce (online) transactions. Virtual Cards can be used at any merchant location accepting MasterCard /
Visa Cards online, without any difference from a regular plastic Card.Validity -48hrs or first use whichever is earlier max limit Rs.50,000 (Circular No. : CS&NB/CS&NB-PPI/6/2012 13 dated 23.04.2012)
Any purpose other than speculative. A certificate to this effect will be obtained from the customer in the application itself and no documentary evidence for end use of the fund will be insisted upon.. Eligibility: All home customers
with satisfactory repayment record of at least 1 yr and maintaining SB/CA a/c .Loan Amount:Min:Rs 2lacs Max-5cr. Permissible Loan Ammount: 75% of present market value of the house property less present outstanding in
the Home Loan account. The present market value of the property will be decided by the realizable value by a fresh valuation report obtained from empanelled valuer..
Net Annual Income (NAI)
Permissible EMI/NMI Ratio
NBG/PBU/HL-HOMELOANS/4/2012 EMI/NMI:
> Rs. 2.00 lac <= Rs. 5.00 lac
50%
(i) Deviation in permissible EMI/NMI ratio upto 5% may be permitted by the AGM (Branch)/Region
- 13
> Rs. 5.00 lac <= Rs. 10.00 lac
55%
(ii) Applicants having net annual income of lessthan 2.00 lac will not be eligible for loan under the proposed scheme.
> Rs. 10.00 lac
65%
.
Mode of facility: TL/CA OD with reducing drawing power. Interest: as per HL.Loan Term :co-terminus with the original residual maturity of the Home Loan or the option exercised by the borrower, whichever is earlier, subject to
liquidation of the loan before borrower attains the age of 70 years..Processing fee: 0.25% of loan amount with a minimum of Rs. 1000/ and maximum Rs. 10,000/- in line with prevailingprocessing fee under Home Loan
Scheme.No pre-payment penalty. Interest Rate (only floating interest rate linked to Base Rate): TL 1.25% above BR and OD 1.5% above BR.
Target Group: Weavers and ancillary workers involved in weaving activities in the handloom sector. Eligibility: Possession of Photo ID Card issued by the Development Commissioner (Handlooms) or the State Government is a
Weavers Credit Card
necessary pre-condition for availment of the facility. Purpose For working capital requirements as well as purchase of tools and equipment required for carrying out weaving activity. Type of facility :Term loan and cash credit
Quantum of Finance :Maximum Rs.2 Lakhs. Margin Up to Rs. 25000/- NIL : Over Rs. 25000/- and up to Rs.2 lacs - 20% Validity/ Renewal of Limit The credit card would be valid for 3 years subject to an annual review by
Segment: SSI
the Bank. No fees will be charged at the time of review/ renewal of card. Rate of interest 3.25% above Base Rate (present Base Rate 10.00%), present effective rate 13.25% (Card Rate)
Security :: Primary : Hypothecation of Assets financed by the Bank Collateral :Nil. ( The account will be covered under guarantee scheme of CGTMSE) Insurance Assets created out of Bank finance may be insured as per
NBG/SMEBU-ARTISANCR/94/2011 - 12 Banks extant instructions. Processing fees Waived Repayment : Term loan repayable in 3 years. Cash credit limit to be renewed in 3 years with annual review subject to satisfactory conduct of account.
Documentation As per simplified SME documentation.
Support would be extended by the Govt. of India to the eligible borrowers: i) Margin money support up to Rs.4200/- per weaver ii) Interest subsidy up to 3% on Bank loans and iii) Reimbursement of one time guarantee fee as
applicable (1% at present) and annual service charges as applicable (0.5% at present) for a period up to 3 years payable for guarantee cover under CGTMSE (NBG/SMEBU-WEAVERCRE/15/2012 13 dated 01.06.12)
For Housing societies & Associations. Opened in the form of SB/CA. No penalty is imposed even if debit exceed 30 per half year in SB a/c.Cheque book , Intercore charge& Cash handling charge has been waived.
Grih Santosh
09 SBI Home Equity
10
11
12 Surya Kiran
13 Two-wheeler loan scheme

for new clerical staff
14 POLICE SALARY PACKAGE

(ref e-Cir 844 dated
11.01.2011)
15 RAILWAY SALARY
PACKAGE
(Ref e-Cir 770 dated 16.12.2010)
Scheme for financing for purchase of solar photo voltaic home lighting system. Eligible:Individuals including farmers , business establishments etc. in RUSU areas.Priority sector in SME & Non-priority in PER segment.
TL-RS 1500 to Rs 30000.Margin-20%,Subsidy-30%, Bank Finance-50%
For those clerical staff who have not completed 3 years of service.
6 times NMI, max Rs 60000. Deduction not more than 60%, R.O.I -025% above base rate.
Repayment by salary deduction in 36 EMI.
A customized package for employees and officials of Central Police Organisations (like CBI, IB, national Police Academy, RPF, GRP etc) and Police Forces of States and Union Territories. Different concessions may be given to
permanent employees who maintain their salary account with us under Corporate Salary Package. The concessions on Home Loan, Auto Loan and Xpress Credit available upto 31.12.2011. According to the ranks of the officials
different facilities are given under 4 Variants like Silver (product code 1097-1431) Constable to Inspector, Gold (1097-1441) ASP/ DSP, Diamond (1097-1451) SP / SSP, Platinum (1097-1461) DIG & Above. All a/cs to be
opened with Non-Personalised Welcome Kits. For more details see e-Cir 844 dated 11.01.2011.
A special Railway Salary Package to 14,00,000 empoyees and officials of Indian Railways. Different concessions may be given to permanent employees who maintain their salary account with us under Corporate Salary Package.
The concessions on Home Loan, Auto Loan and Xpress Credit available upto 31.08.2011. According to the ranks of the officials different facilities are given under 4 Variants like Silver (product code 1095-1431), Gold (10951441), Diamond (1095-1451), and Platinum (1095-1461). All a/cs to be opened with Non-Personalised Welcome Kits. KYC guidelines to be followed as usual. For more details see e-Cir 770 dated 16.12.2010.
16
17
STATE GOVERNMENT
SALARY PACKAGE
(Ref e-Cir 691 dated
12.11.2011)
SBI YUVA HOME LOAN
(Ref e-Cir 571 dated
11.10.2010)
And : NBG/PBU/HL-HOME
LOANS/66/2011 12 dated
28.03.2012 for changes.
18
Floating Rate Term Deposit

(FRTD)
Interest Rate linked to the
Banks Base Rate.
Ref e-Cir 349/ 16.8.10 and
for Product codes e Cir 438
dt 04.09.2010.
19 Term Deposit for 18 yrs for
Girl Child
Product Code: 2511-1801
Ref e-Cir 286 dated
29.07.2010.
20 SPICA Special Package
for Insurance Commission
Agents.
For further details refer eCir 298 dated 31.07.2010.
21 SME POWER Current Account.
Ref e-Cir 245 dated
17.07.2010
A customized package for employees and officials of State Governments and Union Territories. Different concessions may be given to permanent employees who maintain their salary
account with us under Corporate Salary Package. The concessions on Home Loan, Auto Loan and Xpress Credit available upto 31.10.2011. According to the ranks of the officials different
facilities are given under 4 Variants like Silver (product code 1096-1431), Gold (1096-1441), Damond (1096-1451) and Platinum (1096-1461). All a/cs to be opened with NonPersonalised Welcome Kits. For more details see e-Cir 691 dated 12.11.2010.
Rationale/ Purpose: Consequent upon nuclearisation of families and Young Affluent Workforce intend to purchase properties at a young age, gap between the available funds and property prices is wide, to bridge this gap it has been decided to launch this product. Eligibility: Salaried employees of Private Sectors, MNCs, PSUs, Govt Employees. Age 21 - 45 years
(even for joint borrowings with spouse), min contribution (NMI) of one is 25%, YUVA FAMILY: Where parents join, min contribution by YUVA or YUVA Couple 75%. Min NMI: Rs 30000
(Not to include Future Rental, as purpose is self use). Facility: Term Loan and overdraft under Maxgain. Fixed Loan Term: up to 30 years.Maximum permissible Loan Amount: 20%
extra i.e. 1.2 times of loan quatum as per EMI/NMI ratio. Repayment: 1st 36 months only the int apllied during the month will be recovered. 37th month onwards 204 EMIs. Other features: 1. Benefits under Corporate Salary Package (CSP). 2. If not under CSP, Festival Loan (= 3 NMI) for 36 EMIs. 3. Cross Selling Oppoetunities like New Pension System, SBI Life
Dhanraksha, SBI General Property Insurance. Other features are same as in SBI Home Loan Scheme. Ref Cir 571 dated 11.10.2010. Interest Rate : 0.10% concession over the interest
rate applicable to Vanilla Home Loan.
Rationale/ Purpose: To allow the investors to lower their asset-liability mismatch taking advantage of changing interest rate environment, even in short period, as rates are reset periodically. To attract long term-deposits in the current interest rate regime. Eligibility: Any Individual (Singly or jointly), Minor (jointly with guardian), Karta of HUF. In joint a/cs, if one or more
depositors stop the operation, the a/c will be operated by all holders jointly. Minimum Amt: ` 1000 in multiple of ` 1000. Maximum Amt: ` 15 lacs. Period of Deposit: 1 / 3 / 5 yrs
only. Interest: 1 yr (50 bps < Base Rate), 3 yrs (25 bps < Base), 5 yrs (At Base Rate). In to Sr Citizen (+0.5%) and staff (+ 1.0%) as applicable. Interest will be paid quarterly/ monthly discounted. Liquidity: Loan/ OD upto 90% available at 1.5% p.a. above the deposit rate. Nomination: Free of charge. FRTD A/c can be transferred to any branch. Automatic renewal. TDS on
interest above ` 10000 per customer, per year, per branch. Premature Withdrawal Penalty of 1% below the rate of deposit with bank.
Rationale / Purpose: To target beneficiaries of Govt Departments who plan to deposit a corpus at the time of birth of a Girl Child. Eligibility: Joint a/cs with legal guardian of Girl child
operating the account. Provision to be made to accept the mandate of Govt Dept funding the amount. KYC Liberalised KYC for the guardian. Min `1000 by chq issued by Govt Authority,
Max no cap on maturity amount of deposit. Premature withdrawal allowed on death of the minor or mandate received from the Govt. Loan not available to minors. No Auto renewal on
maturity. Other features As applicable in FD. While opening account Date of Birth of the Girl child and maturity should be feed manually. In no case maturity date exceed 18 yrs from
date of birth. Rate of Int 8% (Valid upto 30th Sept 2010).
Rationale: To tap deposit from commission agents giving facility equivalent to Silver customers under CSP (Corporate Salary Package). Eligibility: Insurance agents/ Advisors of Life /
General Insurance Cos as listed. Min Balance: NIL. ATM-cum Debit Card Free Domestic card with free maintenance & add on card, without personal accident insurance. Transactions
at ATM Free, Unlimited number but max ` 40000/- per day in SB Gr ATMs. Max Withdrawal ` 10000 per transaction, 5 tranx free at other Bank ATMs. POS (Point of Sale) Transx max
` 50000 daily. Internet Banking- Free from SBI, Charge for others sites. Core Power: Transaction at Non-home/ intra-bank Free for SPICA A/c. Cheque Book Free 25 leves in a year,
extra ` 2 per leaf. Charges on Multi City Chq leaf, payment & Tranaction NIL. Saving Plus Available. Overdraft Not available.
Rationale: To fine tune various existing SME C/As to make them more competitive in order to get better C/Ac volumes, a range of 8 Made to Order Business current account have been
introduced. Marketing Tips: The products have Best in Class features compared to competitors products. Selected features are 1. Customer can choose product having QAB (Quaterly
Avg Balance) from ` 20000 to ` 5 lacs. 2. Extent of concessions/ freebies is based on QAB maintained by the customers. 3. New 8 products are i. QAB - ` 5 lacs Power Pack (Product Code 5096-2401), ii. QAB - ` 4 lacs Power Premium (5096-2411), iii. QAB - 3 lacs Power Privilege (5096-2421), iv. QAB - 2 lacs Power Advantage (5096-2431), v. QAB - `
1 lac Power Gain (5095-2401), vi. QAB - ` 75000 Power Super (5095-2411), vii. QAB - ` 40000 Power Lite (5095-2421) and viii. QAB - ` 20000 Power Base (Product Code5081-2401). 4. Cheque protection facility (Temporary OD) will not be available in new Power Accounts. For further details refer e-Cir 245 dated17.07.2010.
22 SBI FX Trade Client Business in Currency Futures
Reference e Cir 27 dated 16.04.2010.
23 SBI PARAMILITARY
SALARY PACKAGE .
24
SBI SME COLLATERAL

FREE LOANS (SMECFL)
For Product Codes Refer eCir 799 dt 26.02.2010.
25
26
SBI SMILE (Small & Micro Interest-free Loans as Equity)

Equity Fund Assistance (ELA)
Product Codes: Services
6220-6511
Manfacturing 6210-6511.
Yuva S B Account
27
KRISHI KALYAN Farmers

Easy Empowered Loan (FEEL)
28
State Bank Platinum International Debit Card
Rationale: To tap the huge potential in clientele business in currency futures by acting intermediary/ broker by providing an online platform linked to the Bank a/c for the customer to place the trades in the exchanges. Product Coordinator: Department of Global Markets, Mumbai. Currency Futures contract is standardized form of a forward contract that is traded on an exhchange. Its an agreement to buy or sell a specified quantity of an underlying currency on a specified date at a specified price. One can use a tool to lock a particular value for their forex receivables/ payables protecting against the currency volatilities. In India, 4 Currency pairs are traded INR with USD/
EURO/ GBP/ JPY with lot size of 1000 units except JPY (100000). Settlement to customer is made in Rupee only. Advantages: 1. Ease of trade. Customer can trade from anywhere across the country through his online trading
a/c. 2. Transparent & Efficient price discovery as it is exchange traded. 3. No paperwork at branch unlike forward contracts. 4. Submitting proof of Underlying is not a precondition. Other features: Required margin (usually 5% of
the value of contract) to be paid upfront to the Bank. Account opening and Annual Maintennace charges waived for 1st yr. Applicable taxes born by the customer. Marketing Tips: 1. Most competitive brokerage rates in the country, 2. Integrated platform of Bank A/c and online Trading A/c, 3. Secure and Robust online platform, 4. Provision for lien marking. Money remains in the customers a/c until the deal is done. 5. Product from Indias most trusted
and transparent Bank. Target Customers: Small, mid & large 30one30avit incl Importer & Exporters for hedging their Forex exposures. Individuals who have any receivables or payables in Foreign Currency. Investors wishing to
invest in Currency markets. Role of Branches: Marketing, KYC Compliance, BM is DO (Designated Officer) for opening of A/c.
Eligible: Employee of BSF, CISF, CRPF, ITBP, SSB. Special Features: 1. Unique Lifelong Account number. 2. Zero Balance Account. 3. No Service charges for non-maintennce of minimum balance. 4. Free ATM-cum-Shopping
Card with no annual maintenance charges, Free Add-on card for joint a/c holder, Free Muclti City Chq, Free Demand Drafts, Free Internet Banking, RTGS, NEFT, Core Power, SMS Alerts. 5. Auto-sweep facility to MODs. 6. Concession in margin for Home & Car Loans. 7. Concessions in interest on Home, Car, Xpress Credit and Education Loans. 8. Discount on purchase of Gold Coins.
Target: The Chief promoter/ executive should be 21 to 65 yrs (Non-corporate), New & existing MSEs engaged in manufacturing & service sector.(No restriction for age in CGTMSE e-Cir 698 dated
16.11.2010). Elgibility: For loans > Rs 5 lacs and below Rs 25 lacs min overall score of 50% (Business & Personal), 60% in overall score except collateral details as in SME Smart Score. For loans Rs 25
Lacs to 100 Lacs Units having SB 10 & above as revised CRA rating. CGTMSE Gurantee coverage Mandatory. Purpose: Working Capital (FB+NFB), TL for construction of building, office, acquisition of
machine, modernization/ expansion of unit. Assessment: Mfg WC As per Nayak Com (20% of Projected Turn over), TL 75% of Project cost. Service WC- 15% of Projected Turn over/Revenue, TL
75% of Projected Cost. Quantum of finance: Total Exposure (FB+NFB) Above Rs 5 lacs & Upto Rs 1 Cr (All TL & WC). Type CC, BG, TL. Repayment WC: On Demand, TL: max 7 yrs incl moratorium of 6 m to 12 yr. Submission of Stock statement & Inspection of Unit - Upto Rs 25 lacs Quaterly, Above Rs 25 lacs Monthly. Interest: Concession on loans sanctioned upto 30th Sept 2010 for the
FIRST yr FIXED RATE Upto Rs 25 lacs: 9% (< 3 Yrs), 9.5% (3 Y & Above), Above Rs 25 lacs to Rs 1 Cr: 10% & 10.5% respectively. Loan Processing & Service charges 50% of card rate. Other
charges Normal Rates. CGTMSE Fee Normal, As applicable. Security: Primary Assets created out of loan. Collateral Unencumbered assets. TPG NIL, in case of loan to Company guarantee of
directors will be treated as TPG. Review & Renewal WC to renew every 2 yrs. TAT 2 weeks. For further details refer e-Cir 686 dt 12.01.2010.
R: To grant interest free loan repayable over a long period to assist eligible professional & technically qualified entrepreneurs for setting new MSEs and Units covered under Banks Project Uptech for Technology Upgradation. Eligibility: 1. New Unit or covered under Banks Project Uptech. 2. Equity to genuine persons not able to meet margin. 3. Entrepreneur fully dedicated in Unit. 4. Eligible under Banks
leberalised scheme. 5. Professionals & Technically Qualified. 6. Activity eligible under MSME Act. 7. Total Cost of the project > Rs 10 lacs. Max Loan: Rs 10 lacs for Micro & Small Scale Industires, Rs 5
lacs for Professionals & Self Employed persons. Min Rs 1 lac for Industrial units & Rs 50000 for Professionals & Self Employed. Min Equity Contribution by Entrepreneur 7.5% of cost of Project. Interest
Funds lent under Equity Loan Assistance (ELA) will bear no interest. Repayment: In 3 yrs after initial moratorium of 5 to 7 yrs. Disbursement in lump sum or in Installments. Follow up Close monitoring,
as it is Clean TL. Reporting Half Year ly to LHO.
Details in e Cir 760 dated 13.02.2010.
Segment: Personal. Elgibility: Resident, Above 18 yrs to 30 yrs at the time of entry. Mode of Holding Single/ Joint/ Joint with survivorship. Available at all brs in Urban/Metro Centre. Deposit Amt: Min
Rs. 5000/-, Max No limit. Interest, A/c maintenance & formalities SB A/c. ATM-cum-Debit Card: Yuva Card (VISA). Free Internet Banking & SMS Alert Many add on facilities in remittances/ collection,
MCC, Inter-core transactions & DDP. For further details pl refer e-Cir 718 dated 29.01.2010. R: To entice the youth segment and bring them in our fold, the new product with bundle value propositions and
services was introduced.
Rationales: To provide timely & adequate credit to farmers to meet production & consumption expenses. To offer credit against the stocks stored in farmers own premises/ godown. To reduce the multiple
process of separate application, documentation & EM Creation. Eligibility: All non-defaulter and credit worthy farmers having good track record and cultivating crops. Classifiaction: Direct finance to Agl
under Priority Sector. Facility: ACC. Quantum of Loan: Three credit components- 1. Production Credit Anuual credit needs to be sanctioned on operational land holdings, cropping pattern and scale of
finance. No Upper Limit. 2. Contigency Credit- max 20% of the production credit limit. 3. Produce Marketing Loan fixed on current market price or MSP fixed by Govt less margin multiplied by the quantum
of stock to be stored. Max limit Rs 10 lacs per borrower. Margin: Production Loan: a. Scale of Finance No margin. B. If computed from cost of cultivation (for limit > Rs 50000). Consumption Loan: NIL.
Produce Marketing Loan: a. Goods stored in farmers godown: 40%. Loans against WHR 20 to 35%. Security: No collateral if limit up to Rs 1 lac. Documents: AB1, AB2, AB3, WHR/ Annex4, DPN &
DPN Take Delivery letter, Arrangement letter. Interest: As applicable to ACC/ KCC. Repayment PML to be repaid within 12 months. Insurance: 110% of current market value of the stock.
Eligibility: i. Annual Income of Customer above Rs 10 lacs, or ii. Aggregate deposits balance more than Rs 5 lacs. Mode of operation: PIN on ATM and signatures on ME/ PoS. Daily ATM Cash Withdrawal Limit: Rs 1 lac in India, USD 2000 abroad. Daily purchase limit on PoS: Rs 2 lacs in India, USD 4000 abroad. Issurance charge NIL. Annual maintenance fee: Rs 300 from 2nd year. Fee can
waived if min 12 PoS Transactions during preceding year. Insurance: upto Rs 5 lacs (accidental death only). Lost Card Liability: Rs Upto Rs 50000/- Replacement Card Fee: Rs 200. Regeneration of
PIN: Rs 50. Loyality Points: 4 points for every purchase of Rs 100 at PoS.
For further details refer e-Cir 851 dated 23.03.2010. Rationales: Vanilla Debit card issued to customers having
Current/ SB a/c with us, cater the need of frequently overseas travelling customers, targeting affluent segment to meet their banking needs and lifestyle requirements.
29
30
31
32
33
34
Eligibility: Resident Individuals incl minors. Account: R D (Variable deposit) a/c. Period: Min 5 yrs, Max 7 yrs. Branches: All except, Spl Credit Intensive Brs. Min Deposit: Rs 5000 per FY, in multiple of
Rs 500, min Rs 500 per deposit (Penalty Rs 50). Any number of times of deposit in a month. Max Deposit: Rs 50000 in a FY. Interest: As applicable on TDs. Int subject to TDS. Premature Closure 1%
below the rate applicable. Nomination available. Loan Facility: As on TDs. Others terms & conditions as applicable to other deposits. For more details refer e- Cir 823 dated 06.03.2010. R:
To enable our
customers to place long term deposits to earn attractive interest with flexibility in choosing deposit amount. Segment: Personal
Annuity Deposit Scheme
To enable the depositor to pay one time lump sum amount and to receive the same in EMI, comprising partial principal + interest on reducing principal amount, compounded quarterly & discounted to the
Segment: Personal
monthly value. Eligibility: Individuals incl minors in single or joint names. Account: Annuity (Term) Deposit. Branches: All. Min amt of Deposit: Rs 25000 based on min monthly annuity of Rs 1000/-. Universal passbook & no receipt. Tenure: 36/ 60/ 84 or 120 months. Interest: As applicable to TD of tenure as opted by depositor. Premature Payment in case of death only. Account opening As TD/ STD,
Universal passbook & no receipt. Nomination: Available. Loan Facility: Max 75% of balance amt of Annuity, further annuity to be deposited in loan a/c only. Others As applicable in deposit a/cs. Ref e- Cir
822/ 06.0.10.
Interest Subsidy Scheme for
Rationales: Ministry of Housing & Urban Poverty Alleviation (GOI) designed this scheme to address the housing needs of the Economically Weaker Section (EWS) and Low Income Group (LIG) through
Housing Urban Poor (ISHUP)
Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Eligibility: Beneficiary should not own a house in his own / dependents name. Parameters Average monthly household income: Rs 5000
Ref Master e-Cir 885 dated
(EWS), Rs 5001 10000 (LIG), Min size of house: 25 Sq m (40 Sqm for LIG), Max permissible subsidized loan amt: Rs 1 lac (Rs 1.60 lac-LIG), Max loan amt eligible for subsidy: Rs 1 lac for both. Identifi24.01.2011
cation of the beneficiary by Urban Local Board or Local Nodal Agency identified by respective Govt Agencies. Interest Application: on daily balance at monthly rests. Repayment: In EMIs calculated after
reducing the Central Govt Subsidy. Prepayment: No levy. Security: Primary Mortgage of the dwelling unit. Collateral or TPG Not applicable for loans upto & incl of Rs 1 lacs.Subsidy: Loans eligible for
Central Govt subsidy of 5% on the interest charged by the bank on the admissible loan amount. Others Age, No. of borrowers, EMI/ NMI Ratio, processing fee, interest rates etc as in Home loan a/cs.
Sunset clause Open for sanction upto & incl 31st March 2012.
For further details e-Cir 816/ 05.03.10.
ISHUP scheme was opened for sanction upto and including 31st March 2012. Bank is yet to receive any directives from the Government/HUDCO/NHB on the continuation of the Scheme. Therefore, fresh
sanctions are to be stopped until further communications to the contrary are received. However, disbursement in the loans sanctioned prior to 01.04.2012 can be made as per the scheme norms and subsidy
also can be claimed in such accounts.( Circular No. : NBG/PBU/HL-HOME LOANS/12/2012 13 dt. 23.05.2012)
Rupee Loans against Gold
Eligibility: All depositors under Gold Deposit Scheme holding the certificates either as original holder or as transferee. In case of joint (Individuals only), only former will be eligible. In case of guardianship,
Deposits
loan to guardian for the benefit of minor. Loan to 3rd party as collaterals, but not against the deposit held by Trust/HUF/Minor. Purpose: Any general purpose. Type: DL, OD. Quantum of Loan: Min Rs 1
lac, Max Rs 5 Cr. Beyond Rs 5 Cr Administrative clearance of Network GM required. Margin: 25% of principal value of Gold deposit certificates pledged. Drawing Power: On Principal Value of deposit at
monthly intervals as given by Bullion Br Mumbai. Security: Duly Discharged GD Certificate. Sanction & Disbursement of Loan: By all brs, mark lien at Bullion Br, Mumbai on GD, and disbursement after
confirmation of lien only. Interest: At SBAR at monthly interval, if not paid within 6 months the loan a/c will be forclosed by pre-mature closure of GD A/c. Period of loan: Not exceeding 24 months. Loan
may renewed, if extended period within the maturity of GD, regular int servicing & after obtaining revival letter. Repayment: In a bullet payment or in EMI, During tenure of loan, int due on GD Certificate will
be credited to loan a/c. Foreclosure of the loan: Apart from 6 months overdue of interest, the loan will be liquidated by foreclosure in case of death of the borrower/ depositor with penalty of no int payable
(Within 1 yr), 0.5% < rate of 3 yr deposit (1 to 3 Yr), 0.25% < rate on period of deposit with bank (3 yrs & above). Control Report & IRAC Norms As per TD. For further details refer e-Cir 299 dt 10.08.09
and 352 dt 26.08.09.
Financing Organic Farming
Organic farming A system of farm design and management which creates an ecosystem thru which sustainable production can be achieved without the use of artificial, external inorganic inputs like fertilTo tap the business opportunities izers, insecticides and pesticides. Consumers demand for organically produced food products and societys demand for more sustainable development provide new opportunities for organic farming and
prevailing under organic farming business associated around the world.
in the branded retail domestic
(Refer Cir no. 615 dt 03.12.09)
markets & exports.
TRACTOR UPGRADATION
Rationales:To assist the farmers, who are regular in their repayments for repairs / maintenance of tractor and for purchase of additional implements. Eligibility: Borrowers who have already availed the
(SANJEEVANI)
loan facility from our bank before three years or more and whose accounts are closed / or regular/standard (IRAC) and who have paid a minimum of 2 yearly or 4 HY installments. Classification:
Direct Finance to Agriculture under Priority Sector.Facility: Agricultural Term Loan. Quantum of Loan: Repairs: Up to a Maximum of Rs. 50,000/-. Addition of new implements: Up to a Max of Rs. 1 lac .
FINANCE FOR REPAIRS,
MAINTENANCE AND ADDIThe loan limit should be to the extent by which the existing loan has been reduced. Margin: Up to Rs.50, 000 NIL. Above Rs.50,000 15-25% of invoice price. Security: Upto Rs. 50,000/- PriTION OF NEW IMPLEMENT
mary Hypothecation of tractor. Collateral NIL. Above Rs. 50,000/-Primary Hypothecation of tractor. Collateral Mortgage / Charge over the Land. DSCR 1.75%. Upfront fees: Up to Rs. 2 lacs
Nil.Inspection Charges: Up to Rs.25,000/- - Nil. Over Rs 25,000/-& up to Rs. 2 lacs Rs.500/- p.a. (Refer e-Cir 602 dt 30.11.09)
SBI Flexi Deposit
Purpose: TL & OD for purchase of new car with minimum loan of Rs 5 lacs. Eligibility: Age 21 to 65 yrs for sanction of loan, repayment before 70 yrs, individuals with regular source of income. NAI Rs
2.50 lacs p.a., NMI/EMI Ratio: Loan upto Rs 5 lacs < 50%, Above Rs 5 lacs to 10 lacs < 60%, Above Rs 10 lacs < 75% (e-Cir 749 dated 07.12.10). Authorised Brs: All RACPCs, RCPCs, PBBs, Super
Circle of Excellence Brs, Dist HQ Brs and Brs authorized by RMs. Loan Amt: Min Rs 5 lacs, Max 48 times of NMI for salaried, 4 NAI as per ITR for others. Margin: 15 %. Repayment: max 7 yrs in EMIs/
PDCs. Interest: Upto 3 yrs 1% < SBAR, Above 3 to 5 yrs 0.75% < SBAR, Above 5 to 7 yrs 0.5% < SBAR. Spl concession of 0.10% under Plus schemes (HL, Auto, Festival, Saral & Credit Khazana),
0.25% for customers eligible under Corporate Salary Package, but ALL concessions should not exceed 0.25%. Penal Int @ 2% on entire loan outstanding for the period of default or amt prepaid. Processing fee: Upfront, when sanctioned 0.5% of loan Min Rs 500 max Rs 10000, when rejected 25% of fee will be retained subject to min Rs 500 max Rs 2500. Security: Hypo of vehicle, No other security. If
spouse income taken into a/c, he/she should be made co-borrower. Documentation: As applicable in SBI EZEE Car loan scheme. Insurance: Comprehensive in name of borrower for the market value or
10% above the loan amt whichever is higher, Banks interest to be noted. Processing Time: TAT 2 days. Service charge to Car dealers flat 1.5%. For further details e-Cir 495 dt 14.10.2009.
SBI Advantage Car Loan For persons engaged in Agi & Allied activities.Net annual income should be arrived at by the operating unitbased on the nature of activities,land holding , cropping pattern etc.
NMI must be Rs 1 lacsfor loans below 5lacs and MNI/EMI=2. IT Return not required.
36 TINY CARD Self Help Group A Biometric enabled, chip based Tiny card to SHGs, as a group, while its individual members will get existing SBI Tiny Cards. The SHG Office bearers as identified by the group after KYC compliance will
perform the transactions through Customer Service Points (CSP) outlet of Bnak appointed Business Correspondent (BC) or at Point of Transactions (PoT) For details Refer e-Cir 469 dt 05.10.2009
37 SBI TINY SB-cum-OD A/C
Purpose: General purpose loan to provide hassle free credit to low income gr holding SB Tiny Card to meet their exigencies without insistence on security, purpose or end-use of the credit. Eligibility: SBI
R: As per RBI Guidelines to pro- Tiny Card holders of last 6 months. Satisfactory transactions in SB A/c. Routing all income through a/c. Max age of applicant 60 yrs. Facility: Savings Bank-cum- Overdraft A/c. Loan Amount: Higher amt
vide affordable/ low cost credit to either 4 times of avg monthly income of last 6 months or 4 months net monthly income assessed by branch, min Rs 1000, max Rs 25000. Repayment: max 24 EMIs from one month after disbursement. DP
low income group/ underprivireduced monthly. Security & Processing fee: Nil. Interest: 2% above SBAR, monthly rest. Disbursement: By sanctioning limit in SB A/c. Documents: Application form, Documents as per Kyc norms,
leged section of the society with Passport size photographs, Proof of Income/ Asset & Liability. Specific arrangement letter & DP Note, DPN Delivery letter. Inspection & Follow-up: As in Personal Loans. Authorised Branches: Link branches
purpose of Financial inclusion.
where the SB Tiny of the customer is maintained.
For more details, Refer e-Cir 468 dated 05.10.2009
38 SBI TINY R D Account
Segment: Personal. Type of A/c: RD A/c on biometric smart cards issued to individuals. Eligibility: Single individual only, who have already opened SBI Tiny SB A/c with us. Only one a/c per customer.
R: To popularize the smart card Availiable at Customer Service Points (CSPs) of Bank appointed Business Corresspondents. Initial Deposit Amount: Rs 10 in cash. Monthly Installments: Any amount, multiple deposits in a month. Tenure:
based products & also to achieve Fixed period of 36 months. KYC Norms: As alid down by RBI for No Frill A/c. Interest: As in 3 yrs TD Rate, compounded quarterly on monthly products. Pre-payment attracts 1% penalty. Operation of A/c:
the social objectives, Bank has
Simlified Account opening. Transaction by smart card at CSP. No penalty for non payment of any amt. No debit allowed other than pre payment or payment on maturity. No pass book, Mini statement with
launched a new RD product with last 10 transactions. Nomination: Available. Grievances Redressal: A designated Officer called Channel Manager will attend to any card holders complaints within 21 days. (Refer e-Cir 438 dt 25.09.09)
more flexibility.
39 SBI Micro Loan for Micro Enter- Rationale: To promote the CGTMSE cover and offer a bundled product in order to increase the number of Micro Enterprises units getting collateral free credit from the bank. Eligibility: Micro Enterprises as
prises A branded variant of
defined by the MSMED Act, excl Mfg & services trade. Max Loan: Rs 5.00 lacs. Purpose: Working capital & Equipment purchase. Facility: Demand Loan repayable in 3 yrs. Screeing & Assessment: As
SME Credit Card.
per SME Credit card Scheme. Annual submission of Stock 32one32avit and Un-audited balance sheet. Interest: 8 % fixed with CGTMSE Cover. Security: Primary Current & Fixed Assets acquired out of
Product Codes: SSI 6310-1101 Bank of Finance. Collateral NIL except Promoters Gurantee, however unencumbered assets of the unit being financed may be taken. Processing & Inspection charges waived. CGTMSE fee to be reSBF 6320covered. Scheme is available upto 31.03.10 for sanction & 32one32avit32nt. For further details e-Cir 267 dt 27.07.09.
1101.
40 SBI Personal Loan to Affluent Rationale: In view recent growth in pension after implementation of 6th Pay Commission, it has been decided to formulate a new scheme for affluent pensioners to cater their personal needs & matching
Pensioners
their repaying capacity. Eligibility: All Central/ State/ SBI Pensioners mentioning pension a/cs or drawing pension by chq payable on us, should not be more than 72 yrs. Family Pensioners: Spouse author(Since withdrawn)
ized to receive pension after death, should be more than 65 yrs. Loan Amt: Max 12 months net pension max Rs 3 lacs. Family Pensioners: max 9 months of net family pension with ceiling of Rs 1.50 lacs,
EMI < 25 % of net pension. Collateral Security: TPG of Spouse/ others good for the value. Family Pensioners: TPG of person maintaining satisfactory a/c with us preferably son/ daughter. Repayment:
Upto 70 yrs 36 months, age at time of full repayment 73 yrs. For 70-72 yrs 24 months, age at time of full repayment 74 yrs. Pensioners to submit PAN or 15 H before availing this loan.
For Further details e-Cir 223 dt 11.07.09.
35
SBI Advantage Car Loan

A Scheme for Affluent customers
will target mid-size car above
segments.
41
42
43
44
45
46
47
48
A tie-up with Indian Army with 12.40 lacs Personnels on line of our existing Corporate Salary Package. 4 Variants: 1. DSP Silver covers Personnel below Officer Rank or Civilian Staff. 2. DSP Gold
Major, Captain, Lts and Civilian Officers. 3. DSP Diamond Lt Col & Cols. 4. DSP Platinum Brigadier & Above.
KYC Formalities for all 4 variants: Compulsory proof of ID as First ID field and proof of address as 2nd ID Proof, Letter of Army Unit if other Add proof not available.
Min Balance required: NIL. Life Time Unique Account number available under all variants. ATM-cum-Debit Card: Free to all, Domestic Card to Silver, Gold International (max limit Rs 50000 or $ 1000
per day for Gold & Diamond, $ 2000 for Platinum). Issue & Annual Maintenance fee waived for Goid & Diamond, Rs 300 for Platinum from 2nd year. Personal Accident Insurance Rs 2 lacs (Gold & Diamond), Rs 5 lacs (Platinum). Internet banking & Utility Bill Payment: Free to all. NEFT/ RTGS charges waived for uploading salary/ other credits through CINB. Core Power: Transaction at Non-home
Brs Free. Transfer of funds between SBI Brs Free for DSP A/c holders, charges applicable to beneficiary for 33one33avi above Rs 20000/-. Cheque Book: Unlimited, free except applied for EMIs to
other Banks. Multi-City Cheque Leaf & Payment charges Free. Easy Overdraft upto 2 months Net Salary, payable with 6 months, can be converted to personal loan payable in 48 months. Xpress Credit Eligible loan 24 NMI or EMI/ NMI Ratio < 50% max Rs 15 lacs, Repayment -60 EMIs (e-Cir 553 dated 6.10.10). Saving Plus: Threshold Amount: Rs 15000/- (e-Cir 748 dated 6.12.10). Draft Issue per
month with a ceiling of Rs 50000 per draft 5 (Silver), 10 (Gold), 25 (Diamond), Unlimited (Platinum). RTGS/ NEFT Free. Free Pass Book updation at non-home Brs. Int on Personal, car and home loans
except Happy HL for 1st 12 months or SBI Easy HL & SBI Advantage HL for first 36 months 50 bp below card rate (Refer e-Cir 235/ 15.07.09). 5% concession in margin on Home loan. Free Processing
charge in P Seg loans. For further details Master e-Circular 748 dated 06.12.2010.
SBI EZEE CAR LOAN
For new car only. The scheme is extended to 31.03.2010 on following Conditions Interest: 1st Yr 8% Fixed, 2nd & 3rd Yr 10% Fixed. After 3rd yr Card Rate on the date of sanctionon flating basis. No
other Int concession. Reset of Interest on anniversary date of loan as applicable on the date of sanction. Processing Fee: 0.50% of the loan amt. (Refer e-Cir 190 dt 27.06.09 & 441 dt 29.09.09)
SBI Hi-Five Home Loan
Amount Max Rs 5 lacs. Loan Term: Max 120 months incl moratorium period. Interest Rate: 8% p.a. Fixed Rate for first 60 months, 61 months onwards, the rate will be reset with Floating rate at 2.75%
below SBAR or Fixed rate of 1.25% below SBAR. Fixed rate shall be arrived at on the basis of SBAR prevailing the time of reset. (Ref e-Cir 300 dt 10.08.2010). Sch withdrawn (Master e-Cir 885/24.1.11)
SBI Ezee Home Loan
Launched on 01.07.09. The product is designed to address the customers need for HL at affordable int rates & a fair amt of certainty about loan repayment obligations over a peiord of time. Facility: TL or
Product codes: 6250-2060 (SBI
OD as in SBI MaxGain (OD available for Loan above Rs 5 lacs). Max Loan: Rs 50 lacs. Interest Rates: 1st Yr from the date of disbursement 8% Fixed , next 2nd & 3rd yrs 8.5% Floating rate after 3 yr
1.75% below SBAR. Repayment: EMI to be adjusted as per rate of int applicable in 1st, 2nd & afterwards. Features other than mentioned above will be as in case of SBI Home loan Scheme. For details eEasy Fixed Int (TL), 6250-2160
Cir 186 dated 26.06.2009. Sch withdrawn (Master e-Cir 885/24.1.11)
(Easy Float Rate (TL), 60502015 (SBI Easy OD)
SBI Easy HL ( wef 1st April 2010)
Ma x Loan: Rs 50 lacs, Facility OD(Maxgain) or TL, Interest: 8% -1st yr, 9% -2nd & 3rd Year, After 3rd yr Floating Rate 1.75% < SBAR i.e. 10.00 or Fixed Rate
0.75% < SBAR, with reset frequency of 5 yrs. (Refer e-Cir 869/ dt 29.03.10)
SBI Advantage Home Loan
The product is designed to address the customers need for HL at affordable int rates & a fair amt of certainty about loan repayment obligations over a peiord of time. Facility: Term Loan. Loan Amt.: More
Product Codes; 6250-2058 Adv
than 50 lacs. Int Rates: 1st Yr 8% Fixed, 2nd and 3rd Yr 9.%, after 3 yrs Floating: 1.75% < SBAR, Fixed: 0.75% < SBAR with reset frequency of 5 yrs. Repayment: EMI to be adjusted as per rate of int
HL (Fixed), 6250-2158 Adv HL
applicable in 1st, 2nd & afterwards. Features other than mentioned above will be as in case of SBI Home loan Scheme. For details - e-Cir 187 dated 26.06.2009. Sch withdrawn (Master e-Cir 885/24.1.11)
(Float)
Revised Instruction During SBI My Home Campaign: Loan Amt: Rs 50 lacs, Facility: TL, Interest 8% (1st yr), 9% (2nd & 3rd yr), After 3rd yr 1.75% < SBAR 10% (Floating), 0.75% < SBAR (Fixed) with
reset frequency of 5 yrs. (Refer e-Cir 869 dt 20.03.2010)
SBI SHAKTI Current A/c For Presently we have 5 types of CA for non-individuals Power Pack, Power Gain, Power Jyoti, Sahaj & Normal CA. First 2 are premium a/cs, in which customers gets various concessions for maintaining
SME Customers.
stipulated Quarterly Avg balance. Power Jyoti is for Instiutions, Trusts etc for their collection needs. Sahaj with QAB of Rs 1000 for small SME entrepreneurs. For normal CA min balance stipulation is Rs
10000/-. Many SME Customers are finding it difficult to maintain a QAB of Rs 1 lacs and normal CA does not gives added services. Keeping this into consideration and competing with the similar products of
Product Code: 5081-2401
other banks, SBI Shakti a new CA product is designed with QAB of Rs 20000 with certain concessions. Penalty for non-maintainence of QAB Rs 750 per qtr. Cash Deposits/ withdrawal at Home Br
Unlimited, Cash Deposit/ WD at non-home br Max Rs 20000 on charge of Rs 100 per transaction. Deposit of Chq & clg instruments at Home/ Non-home br, issuance of BDs/ B chq/ Pay Orders, Remittances at concessional rates. CINB Free. Multi-city Chq, NEFT & RTGS available at normal charges. Penalty on closure of a/c within 12 months Rs 750. (e- Cir 115 dt 18.05.2009)
SBI Happy-Home Loan
Rationale: For stimulating growth in residential real estate and related sectors in the economy, it has been decided to provide to the genuine needy buyers to buy dwelling units by freezing interest at 8%
p.a. for a period of 1 yr on all new Home loans. Eligibility: All Home loans to public incl take-overs sanctioned on or after 02.02.09 and atleast partially disbursed on or before 30.09.09 incl SBI Spl HL.
Date of closure: 30.06.2009
Interest Rate freezed at 8.00% (Fixed) upto 30.09.2010. After that interest will reset as per regular contracted rate. Repayment: EMI set at 8% in first 12 months; EMI will be reset on outstanding balance
(Refer e-Cir 179 dated
after 12 months. Loan Amount: To be worked on regular contracted rate after 12 month. Processing Fee: waived upto 30.09.09. (e-Cir 657 dated 04.02.2009) Sch withdrawn (Master e-Cir 885/24.1.11)
25.0.2009)
SBI Lifestyle Loan
Rationale: To meet any short-term expenditure, except speculative investments, which adds comfort to the life style of the borrower (like vacation travel, purchase of gold & lifestyle goods etc) with satisfacFor existing HL Customers.
tory repayment record. Eligibility: Satisfactory repayment of HL, minimum 5 EMIs repaid, Standard Asset. This loan may be availed by HL borrower or spouse guaranteed by HL Borrower. Loan Amount:
It has been decided to extend 10% of HL, min Rs 10000 max Rs 5 lacs. Interest: 8% (Fixed). Tenor: 24 months. Type: Demand Loan. Repayment: in 24 EMIs. Modality: Offer letter to be sent to eligible HL Borrowers. Processing Fee:
the offer upto 30th Sept 2009
NIL. Sanctioning Authority: Home Branch. Documents: Acceptance of offer, D P Note, DP Note Delivery letter, Guarantee Agreement, if applicable. TAT: Same day. Validity of offer: On or before
(e-Cir 75/ 27.04.09)
30.09.09. Disbursement: Through SB/ CA or Prepaid cards.
(Refer e-Cir 657 dated 04.02.2009). Sch withdrawn (Master e-Cir 885/24.1.11)\
DEFENCE SALARY PACKAGE
(DSP) ARMY with 4 VariantsDSP Silver: P Code 1092-1431
DSP Gold: Code 1092 1441,
DSP Diamond: 1092 1451,
DSP Platinum: 1092 1461.
49
SBI Special Home Loan

For small ticket HL Borrowers.
Date of Launch: 16.12.2008.
50
SME Help
51
SME Care
Rationale: Scheme was launched for stimulating growth in economy in response of GOI & RBI and as per IBA guidelines. Focus on a degree of certainty and affordability to repay over longer period (20 yrs)
at fixed rate with reset of 5 yrs instead of 2 yrs. Product available Upto 30.06.2009. Purpose: Purchase/ construction/ renovation* (*Under SBI Freedom only) of old/ new house/ flat/ plot of land**
(**repay as per SBI Realty Scheme) together with registration & stamp duty. Eligibility: Single persons only, Resident or PIOs above 18 yrs with regular verifiable income in last 2 yrs, incl SBI Staff. Type of
Loan: Term Loan or Overdaft (as per SBI Maxgain for loans above Rs 5 lacs). Max Loan Amount: Rs 20 lacs. Interest: Loan upto Rs 5 lacs: 8.5% p.a., Above Rs 5 lacs: 9.25% p.a. fixed rate with reset
every 5 years. Risk based or any special concession on interest not applicable. Margin: Loan upto Rs 5 lacs 10%, Above Rs 5 lacs to 20 lacs 15%. Tenor: 20 yrs or 70 yrs of age whichever earlier.
Repayment: In EMIs. EMI/ NMI ratio in Home Loan. Processing Fee waived. Other terms & conditions as per Home Loan Scheme.
(Refer e-Cir 572 dated 23.12.2008)
Rationale: To extend concession and relief to the SME units facing constraints in current slowdown to meet the crises till the economy takea a turn for the better. Purpose: Funding urgent/ additional need
of machines/ tools/ Gen-sets and other fixed assets. Eligibility: All satisfactory a/cs with Fund based limit upto Rs 10 crs, subject to earned profit in last 3 yrs, regular submission of SS & Financials, timely
renewal, and satisfactory Debit/ Credit summations. Type: Term Loan. Period of Loan: 5 years. Margin: 15%. Interest: 8% p.a. for 1 year, thereafter normal rate. Repayment: Moratorium for 6 months, in
which int to be serviced Security: All existing/ new fixed assets, collateral if available. Insurance: All acquired assets to be covered. Other features. 1. This loan on merit on case to case basis. 2. Sanction
as per discretionary power vested.
(Refer e-Cir 645/ 29.01.2009)
Scheme extended to
31.03.2010 (e-Cir 733/ dt 08.02.2010)
Rationale: This scheme was launched in order to ease the liquidity position of the SME units and to tide over the current downturn/ slowdown till the normal pace of economy. Purpose: For holding higher
inventory/ increased carry period of receivables upto 6 months. Eligibility: All satisfactory a/cs with Fund based limit upto Rs 10 crs, subject to earned profit in last 3 yrs, regular submission of SS & Financials, timely renewal, and satisfactory Debit/ Credit summations. Facility: WCDL (Working Capitla Demand Loan). Limit: 20% of the existing fund based working capital limits. Period of Loan: 1 year. Appraisal: As per realistic projection of cash flow for 1 yr. Margin: As per existing loan. Interest: 8% from the date of launch of scheme (e-Cir 672/ 11.02.09) Repayment: Moratorium for 6 month, in which
only interest to be serviced. Entire loan to be liquidated in next 6 months in monthly/ quarterly installments. Security: All existing securities. Other features: 1. Facility to be extended on case to case basis.
2. Sanction of loan Upto Rs 2 Crs by Branch AGM/ RBO /CPC, Loans upto Rs 1 Cr Branch CM/ RBO/ CPC. Put up for control as per Delegation of Powers.
(Refer e-Cir 534/ 03.02.2008)
Scheme extended to 31.03.2010 (e-Cir 733/ dt 08.02.2010)
Note: SME Care was formulated to assist the SME Units with fund based limits up to Rs 10 Crs. However, some units, which fall beyond the threshold limit of Rs 10 Crs, have also been equally affected by the downturn facing liquidity crunch. Specials relief and concessions
may be offered to those units as
1. Short Term adhoc limits for purchase of bulk raw materials not exceeding 180 days. 2. Rephase TL on case-to-case basis within overall loan policy of the bank. 3. Fresh TL under Short Corporate Loan to meet any contingent liability. 4. Reduction in margin of receivables
and extended credit on receivables upto 6 months. 5. Funding of Cash losses and/ or interest, working capital irregularity by way of STL with waiver of penal interest. Besides the above, units needing long term loan may be covered by banks sch for rehabilitation or CDR
Mechanism. (e-Cir 777 dated 30.03.2009)
52
Financing JCB Machines For SME

Units.
Product Name: Construction Equipment
Loan (CEL) JCB India
Period of Scheme:
Upto 31.03.2010.
Purpose: Term loan for purchase of construction equipments viz. loaders, excavators, cranes etc manufactured by JCB India. Eligibility: Individual/ Firms/ Companies engaged in construction works. Loan Amount:
Min Rs 15 lacs, Max Rs 100 lacs. Tenure: Upto 4 years, incl 3 months moratorium. Margin: 25% for borrower new in this line buying first machine, 15% in case of buyers have upto 9 machines, 5% for buyers having
more than 9 machines. Interest: SB 1 to SB 5 (New): SBAR, SB 6 to SB 9 (New): 50 bps above SBAR. Security: Primary Hypo of tools financed by bank, Registration with ROC if vehicle; Installment by SI/ PDC (3
PDC must in case of SI). Collateral Hypo of other tools, mortgage of property atleast 25% of loan. Assessment: As in TL. Disbursement: Direct to Suppliers. Repayment: In EMIs. Penal Interest: 2% of amount
and for the period in default. Inspection: HY. Insurance: Comprehensive fav SBI, policy as loss payee. Processing, prepayment, inspection and all other charges at Card rates. All other terms & conditions as
applicable like in SME Advances.
(Refer e- Cir 627/ 16.01.2009)
53
Prime Ministers Employment Generation

Programme (PMEGP)
Introduction: GOI has approved a new credit linked subsidy programme called PMEGP by merging 2 schemes in operation till 31.03.08 namely PMRY (Prime Ministers Rojgar Yojna) and REGP (Rural Employment Generation Programme) for generating employment through micro-enterprises in rural as well as urban areas. This is a Central Sector scheme, administered by Ministry of Micro, Small and Medium Enterprises and implemented by KVIC (Khadi Village
Industries Commission). Rationales/ Objectives: 1. To generate employment in rural & urban areas by setting self-employment ventures. 2. To bring together widely dispersed traditional artisans/ rural & urban un-employed youths and give
them self-employment opportunities. 3. To give continuous and sustainable employment to arrest migration of rural youth to urban areas. 4. To increase wage-earning capacity of artisans to increase growth rate in rural & urban areas. Eligibility: 1. Any individual above 18 yrs. 2. No income ceiling. 3. Educational Qualification for project above Rs 10 lacs in mfg / Rs 5 lacs in business/ service sector atleast VIII pass. 4. New Project sanctioned under PMEGP only. 5. SHGs
incl belonging to BPL & not availing benefits under any other scheme. 6. Institution regd under Societies Registration Act 1860. 7. Production of Co-operative Societies. 8. Charitable Trusts. 9. Existing units under PMRY/ REGP or any GSS
availing subsidy are not eligible. 10. One person from one family. Family includes self and spouse. Other Elgibility Criteria: 1. Relevant Caste certificate. 2. Certified copy of bye-laws of the institution for Margin Money (Subsidy) claim. 3.
Project without capital expenditure is not eligible. Project above Rs 5 lacs not requiring Working capital, needs clearance from Controller. 4. Cost of land should not be included in Project. 5. All new viable micro-enterprises incl village industries. Quantum of Loan: Max cost of Project under mfg sector Rs 25 lacs, under business/ service sector is Rs 10 lacs. Margin: 10% (General), 5% (SC, ST, OBC, Minorty, Women, Ex-serviceman, Phycally handicapped, NER, Hill and
Border Areas. Subsidy: General 15% (Urban), 25% (Rural), Others as above: 25% (Urban), 35% (Rural). Implementing Agencies: Nodal Agency at national and state level KVIC. & DIC in rural areas, Banks & Financial Institutions etc.
Identification of beneficiaries: done at district level by a Task Force consisting representatives of KVIC, DIC and Banks headed by DC. After conduct of Entrepreneur Development Programme training, the beneficiary will deposit owners
contribution with bank. Margin Money (Subsidy) claim will be submitted the Bank after partial/ full finance. Released Subsidy will be kept in TD for 3 yrs fav the beneficiary. No interest on TD and corresponding amount of loan. Subsidy kept
in TD will be transferred to loan a/c after 3 yrs.
(For further details see Guidelines on PMEGP on RBI website)
54
55
56
SBI KRISHAK UTHAN

YOJNA Sch for financing Tenant Farmers, Share Croppers &
Oral Lessee: New
Product for FINANCIAL
INCLUSION
Scheme for financing
Micro Finance Institution (MFI)/ Non Govt
Organisation (NGO)
Rationales: To enable
the Bank to lend to MFIs/
NGOs for lending to
SHGs and to increase
the outreach by financing large number of
SHGs in cost effective
manner, supplementing
the efforts of in financing
SHGs.
CONSTRUCTION
EQUIPMENT LOAN
For financing New Machinery/ Equipments/
Vehicles for construction
activities.
57
CARBON CREDIT
PLUS Loan against
CER (Certified Emission Reduction) Receivables.
58
SBI NANO YOUTH

CAR LOAN
SCHEME
Rationale: To provide easy access to short term production and consumption credit to meet genuine requirements of tenant farmers, share croppers and oral lessee having no recorded land records or written document and increase their income from agl activities. Eligibility: Tenant Farmers, sharecroppers with recorded tenancy rights and Oral lessee. Permanent resident proof of atleast 2 yrs. Migratory tillers not allowed.
Purpose: Purchase of improved seeds, fertilizers, pesticides, hire of tractors, electric & irrigation cost, part of consumption. Facility: Revolving CC Annual Review and renewal once in 3 yrs. Limit: Max Rs
100000/- on the basis of an 35one35avit as proof for cultivation of crop, cultivated land area incl consumption need (20% of production limit) + 20% of production limit as immediate need after harvest for next sowing or for self-consumption. Margin: Nil. Disbursement: 20% on sanction rest in phases as per need. Documents: DP Note (COS 229), DPN take delivery letter, Arrangement Letter. Security: Clean Loan. Repayment: Sale proceeds through CC A/c. Interest: As ACC. Sanctioning Authority: As per Crop loans. Accident Insurance & other features: As per KCC. (For details refer e-Cir 431 dt 15.10.07)
Eligibility: NGOs/ MFIs should any one Regd Society/ Regd Trust/ Regd Company/ Non Banking F Is or any Institution engaged in micro-finance. Track Record of NGO/ MFI: a. NGO/ MFI having minimum partnership of SHG/JLG 50 and individuals 500, b. In cluster financing min membership of Federation should be 30 SHGs, c. secular in nature, d. maintains a satisfactory & transparent accounting, MIS and Internal
Audit System, e. Continuous profit in last 2 years, f. not be defaulter, g. having risk portfolio less than 5% etc. Rating of NGO/ MFI: i. Loan below Rs 200 lacs Specific Scoring model min 60 marks, ii. Loans
above Rs. 200 lacs Valid Credit Ratings (Top Four) from any Micro Credit Rating Agencies iii. Having existence of more than 2 yrs & Projected profit sufficient to meet the repayment obligations of the Bank (Refer
e-Cir 213/ 07.07.09). Nature of Facility: MTL or CC. Margin: Nil. Frequency & Quantum of Loan: Need based repeat finance worked on health and business plan. Calculation of TOL/TNW: a. The loan loss provisions kept by the NGOs/ MFIs may be treated as part of TNW. B. Unsecured loans from members of Govt Body treated as part of TNW. (Refer e-Cir 213/ 07.07.09). Rate of Interest: a. Charged by Bank linked
with SBAR. See Page Latest Interest. B. To be charged by NGO/ MFI freedom to decide reasonable rate, which is also a part of document. C. Any charge to be quoted by MFI/ NGO will also be part of agreement. Repayment: TL Monthly/ Quarterly/ HY installments on the basis of project/ purpose, max 3 yrs. CC renewal annually. Security: Primary Hypo of Book debts, Collateral: Nil, however, Gurantee of Promoters and charge over available assets to be explored. Documents: Specfied Application, Arrangement letter, Articles of Agreement and Deed of Gurantee. Sanctioning Authority: Not below AGM. (For Further
details See e-Cir 476 dt. 05.11.07 & 593 dt 02.01.2009)
Eligibility: Firms/ Cos engaged in Construction with min SB-3 rating or equivalent in new model. Quantum of Loan: Min Rs 25 lacs (e-Cir 83 dated 10.05.2008), Max Rs. 25 Crs (Metroes Rs 50 Crs). Tenure:
2 to 3 years from first disbursement, can be extended to 4 yrs on merit. Margin: 15 20% in case of SB 1 and SB 2 borrowers, 20-25% for others. Interest: For SB 1 & SB 2 borrowers 1.5% elow SBAR, Others
1.25% below SBAR. No further concessions allowed. Security: Primary Hypo of Equipment/ Vehicle, Pre-payment cheques for Principal amount. Collateral: Hypo of other unencumbered Equipment or Mortgage of
atleast 25% of the loan. Assessment: As per TL. Documents: Revised SME documents. Disbursement: Payment direct to Suppliers in several tranches (one tranch not below 10%) within a year. Repayment: In
EMI, variable repayment on cash flow if so desires. Processing charges: For SB 1 & SB 2 borrowers: Rs. 200 per lac. For others Rs 300 per lac. Max Rs 10 lacs. SA may reduce upto 50% on business considerations. Documentation charges: SB 1 & 2 Borrowers Rs 5000, Others Rs 10000. Pre-payment charges: 1% of amount pre-paid. Penal Interest: 1% (SB1 & 2), 2% (Others) per month for amount in default.
Insurance: Comprehensive with endorsement in fav of SBI on the policy as loss payee. Inspection: 1/2 Yearly, may be waived by SA. Review: Annually. Branches: All.
(Ref e-Cir 705 dt 04.03.08, 83 dt
10.05.2008).
Eligibility: Existing Corporate or non-corporate customers with ratings of SB3/ SBTL3 and above (SB1 SB7 in new CRA Model). Consider Non-customers on selective basis. Purpose: For any genuine commercial
purpose in line with regular business activity. CERs are tradeable instruments, which are purchased by the developed countries to meet their emission reduction target under the protocol. One unit of CER is one
35one equivalent of Carbon dioxide emission reduction. Quantum of loan, Appraisal & Assessment: Minimum Rs 1 Crore. Loan not exceed 60% of total selling price for anticipated Carbon Emissions Reductions
(CERs) upto 2012 and as mentioned in the ERPA (Emission Reductions Purchase Agreement) and terms sheet signed between the buyer and the seller. Pricing: As per CRA, Competitive pricing on usual terms.
Margin: 40%. Repayment: Max 5 years or residual period of ERPA whichever is earlier. Security: Primary Hypo of future CER Receivables. Collaterals First (Preferably) or Second on fixed assets on pari passu
basis. Personal Gurantee of Promoters/ Partners. Processing/ Other charges: 1% of loan. Deviations: Any deviations will need prior approval of Carbon Finance Committee at Corporate Centre. Documents:
Usual C&I/ SME documents. Inspection: Quarterly or As approved. Sanctioning Authority: As in Term Loan. Factors to be examined for loan requests: Capability to generate CERs, Buyers standing, Vetting of
ERPA etc.
(For further details See e-Cir 752 dated 28.03.08)
Eligibility: Youths between 18 to 28yrs i) College going students along with their either of the earning parents as co-borrower ii) Youngsters who are working for State/CentralGovt, Public
Sector Undertakings, Corporations,Listed Private Sector Companies including ITCompanies and reputed establishments for at least 12 monthsAge:i) College going student not more 1825yrs Parents not more than 55yrs ii)Youngsters between 18 to 28yrs Min NAI: 2lac/pa Purpose: For purchase of new Tata Nano car variants Quantum of loan : Min 1lac Max-2.75 lac Margin 15%
of the on-road price of the car Loan Tenure: The maximum tenure of the loan would be 60months.Processing Fee 0.51 of the loan amount, Min 1000/(Ref e-cir PB/AL/4-B/KSK/17 dated 17.10.14)
59
SBI New Pension Loan
Eligibilty: All Govt./SBI Pensioners whose pension a/cs are maintained. Quantum of loan : Min-25,000 , 18 times NMI EMI/NMI Ratio Regular Pensioner 50% Family Pensioner- 33%
(Ref e-cir NBG/PBU/PL-PERLOANS/42/2014-15 dated 09.10.14)
60
SBI Super Bike Loan

Scheme
61
SME ADVANCES
Loans to Business
Corrsepondents
62
&
63
Pehla Kadam & Pehli

Udaan
Upto Age 72 yrs

Between 72 to 74yrs of age
Between 74 to 76yrs of age
Loan Amount :
Loan Amount :
Loan Amount:
Regular Pensioners 14lacs
Regular Pensioners 12lacs
Regular Pensioners- 7.5lacs
Family Pensioners 5lacs
Family Pensioners- 4.5lacs
Family Pensioners 2.5lacs
Repayment :
Repayment :
Repayment :
Both Regular and family Pensioners 60 months Max Age -77yrs
Eligibilty : Youths between 18-40yrs Purpose : Purchase of superbikes i.e bikes with engine capacity of 500cc or more. Min NAI 6lacs Quantum of Loan Min Rs. 3lacs EMI/NMI Upto 10lacs -50% Above
10lacs 60% Repayment 5yrs
(Ref e-cir PBBU/AL/1/KNR/22 dated 07.12.14)
Eligibility: Business Corrsepondents prepared by Department of Financial Servises (DFS) Quantum of Loan Min -25,000 Max -2,50,000 Margin 10% Repayment OD 12months subject to annual review
Demand Loan Max 35 emis with 1 month moratorium Term Loan Max 60 emis with 1 months moratorium
Rural & Semi-Urban
Urban
Metro
Overdraft (Working Capital) 25,000
Demand Loan 75,000
Demand Loan 1,15,000
Demand Loan 1,50,000
Term Loan (for 2-wheeler) 50,000
Total Loan Amount 1.5lacs
Total Loan Amount 2lacs
Total Loan Amount 2.5lacs
Purpose : Inculcate the habit of deposit among kids USP Personalised Photo embossed ATMcumDebit card will be issued with withdrawal/POS limit of 5,000/- will be
Issued. Auto sweep Auto sweep facility with a minimum threshold of Rs. 20,000. Sweep in multiple of Rs 1,000 with a minimum of Rs. 10,000 Over Draft Overdraft against
Fixed deposits or two months salary in case of Corporate Salary package accounts as the case may be subject to fulfilling other terms and conditions. Standing Instruction
An option of setting up of one Standing Instruction for Recurring Deposit, free of charge.
Value Added Feature (optional)
PAI for Parent Personal Accident Insurance Cover (offered by SBI General) for the Parent (in case of Pehla Kadam account only). Child Plan Smart Scholar - Child Plan offered
by SBI Life with inbuilt premium waiver benefit and loyalty additions to fulfil the childs dreams.
PEHLA KADAM
PEHLI UDAAN
Elgibilty Minor of any age Minors
Elgibilty above the age of 10years and who can sign uniformly
Cap on Balance Cap on Balance Rs. 5 lac in the Account
Rs. 5 lac in the Account
Rs. 10 lac aggregate deposit on the CIF of the Minor
Rs. 10 lac aggregate deposit on the CIF of the Minor
Mode of Operation
Mode of Operation
Jointly with the Parent/Guardian or Singly by Parent/Guardian
Singly operated
Internet Banking
Internet Banking
With Enquiry rights and limited transactions like - Bill payment, Opening e-TDR/eWith Enquiry rights and limited transactions like Bill payment, Opening e-TDR/e
STDR/e-RD, Inter-Bank funds transfer (NEFT only), and Issue Demand Draft. Per day STDR/e-RD,Inter-Bank funds transfer (NEFT only), and Issue Demand Draft.Per day
transaction limit of Rs. 5,000/transaction limit of Rs. 5,000/KYC Requirements
KYC Requirements
Date of Birth proof of the Minor + KYC of the Parent
Date of Birth proof of the Minor + KYC of the Parent
Mobile Banking
Mobile Banking
With viewing rights and limited transaction rights like: Bill payment, Top ups. Per day With viewing rights and limited transaction rights like: Bill payment, Top ups. Per day
transaction limit of Rs. 2,000/transaction limit of Rs. 2,000/-
CARD BUSINESS OF SBI

( Plastic Card Products of SBI : At A Glance )
Ghanshyam Prasad Srivastava

AGM, CPPC, Patna
(For Internal Circulation Only)
Plastic Money may be distinguished into three different Cards 1. Debit Card: PAY NOW, BUY NOW. 2. Credit Card: BUY NOW, PAY LATER. 3. SMART CARD: PAY NOW, BUY LATER.
Smart Card is an electronic purse, an e-cash card, a standard card with an integrated micro-processor chip and inboard CPU to store information, examples Combo (MAHE) Card, Pay Roll card, Gift Card all of SBI. Developed with latest silicon technology, with pre-programmed memory
and security codes, Credit Cards are an other example of convenient banking, examples: SBI Credit Cards Advantage card, Employee card, Vishal Megamaert card, City Card etc. Debit cards are similar to ATM Card with an additional facility of using them in merchant establishments/
Points of Sale (POS), examples ATM cum- Debit card, Visa / MasterCard Gold International Debit Card, Vishwa Yatra Foreign Travel Card etc.
*** Debit Cards with a validity period of 5 years issued on VISA/MasterCard platform are required to be renewed. The Bank has decided to renew these Cards mentioned without the customer making request for the same. (i) The renewed Card will have a new number (i.e., different from the
number of the existing Card) and will also have a new PIN. (ii) The renewed Card will have all the accounts linked as was with the old Card. (iii) The renewed Cards and PINs will be sent to customers /Branches respectively 2 to 3 months in advance. Branches, should make all efforts to
update the address of the customer, after completing all the required formalities, in the Core system so as to minimise return of Cards from the customers addresses. (iv) The new Card will be issued in the active mode i.e., the Card can be used with PIN immediately after receipt even
though the old Card is still active. Customers, should be advised to destroy the old Card once the renewed Card has been successfully used. (v) It will be mandatory for the customer to first use these renewed Card on the ATM and not on Point of Sale (PoS) directly. It will also be mandatory for the customer to change PIN at the first use at ATM. (Sl. No. : 848/2011 12; Circular No. : CS&NB/CS&NB-DEBITCRD/34/2011 -12 dt. 27.12.2011)
Sr PRODUCTS & Rationales

01 State bank smart payout card
Eligibility-for corporate employers/,workers/contract labourers and for individuals to all Kyc comliant primary account holders
Validity of card-10 years
Minimum amount of load-100(thereafter in multiples of rs 1) Max amount of load 10000/-(Reloadable with a load/reload limit of Rs.10000/- with monthly ceiling of rs. 25000/daily transaction limits 10000/Max No. of card Max 3 cards and for corporate 1 per employee
Card issue charge-102 ; reloading charge-10
Replacement charge-102
State Bank Classic Debit Card 16 Digit PIN Based (signature fallback)Master Card/VISA Debit Cardwith CVV and expiry date of 5years from the date of issue for all newnon-chequebook a/cs.
Cash Limit: 4lacs; POS Limit; 5lacs
Rationale: Most e-commerce require CVV & expiry date which master card lacked.
Most Maestro Cards are PIN Based while the card industry is operated mostly without the need of PIN.
19 digit no.on maestro card is becoming limiting factor for e-commerce, so 16 digit number is being launched.
State Bank Silver International Master Card/VISA Debit Card with CVV.For all new chequebook and 16 digit PIN Based card.
Expiry Dare-5years from date of issue .
Card
Daily Cash at ATMs Rs 40000.00, Daily POS Limit Rs 75000.00
Rationales:Same as State Bank Classic Debit Card
Eligibility: SB, CA Customers incl minors (e-Cir 615 dt 09.02.07), No restriction of deposit amount. Daily Cash Withdrawal limit: Rs 40000. (e-Cir 326 dated 10.09.08). Daily purchase limit: Rs 25000. Mode of operation: PIN on ATM, Signature at Point
ATM cum- DEBIT CARD
(State Bank Cash Plus Card) of Sale (POS). Annual Fee: Nil in first 12 months, Rs 50 p.a. subsequently. Replacement card fee Rs 200. Regeneration of pin Rs 50. Complimentary Insurance and Loyality Points: NIL. Cash withdrawal fee Rs 20 (Bilateral Arrangement), Rs 50 +
Service tax & edu cess (others). Enquiry Fee Rs 12 + Service Tax & edu cess. State Bank Cash Plus International Card enjoy > 7200 SBI ATMs, > 16000 of others, shopping at 264000 POS terminals in India and 10.5 million POSs worldwide displayLargest Indian bank giving unparaling Maestro logo. Per day cash drawal min Rs 100, max Rs 45000 (USD 1000), purchase of Rs 1 lac (USD 1000 abroad). State Bank International ATM cum- Debit Card: All SB/ CA holder of > 18 yrs incl NRE A/c but excl NRO a/c, Joining fee Rs 200,
leled convenience to its customers.
Daily drawal limit of USD 1000 or equivalent each at ATM and POS, Purchase protection upto Rs 5000 and personal Accident cover upt Rs 2 lacs, Charges for usage abroad 150 + S Tax per cash drawal, Rs 15 + ST per enquiry, Acceptable at > 820000
ATMs and 7 million POS worldwide displaying Cirrus logo and all SBI & other tie-up ATMs in India displaying Mastercard/ Maestro/ Cirrus logo.
(Source: Website dated 06.09.2007)
Eligibility: Avg quarterly deposit of Rs 20000 in a/c. Signature based, internationally usable, golden background card. For salary a/c holder, the gross monthly income Rs 25000 & above. All cutomers of Personal Banking Branches. Daily Cash Withdrawal
SBI GOLD DEBIT CARD
limit: Min Rs 100, max Rs 50000 in India. Overseas USD 1000 (ATM). Daily Purchase limit: Max Rs 2 lacs in India. Overseas USD 4000. Card can be linked to both SB & CA of the applicant maintained by the Branch. Mode of operation: PIN on ATM,
Signature at Point of Sale (POS). Annual Fee: Nil. Replacement Card fee Rs 200. Regenaration of PIN Rs 50. Complimentary Insurance: Rs 2 lacs (accidental death only) and Rs 5000 for 90 days from the date of purchase. Loyality Points: 4 points
equivalent to Re 0.25 on purchase of Rs 100 convertible into cash back at quaterly intervals alonwith provision of 50 bulk reward points, after first three usage of POS. Cash Withdrawal & Balance enquiry fee: Free at ATMs under bilateral arrangement and
Rs 50 & Rs 12 respectively + Service Tax on others. Immediate Credit on outstation cheques: Rs 20000. Money Transfer Free of cost, from one a/c to other upto daily limit of Rs 25000 subject to four transfers with monthly cap of Rs 1 lac. Other facilities: undertake transactions through Internet for ticketing, e-commerce, bill payment and balance transfers etc. For more details refer e-Circular 459/ 2006-07 dated 02.12.2006 and 561 dt 07.11.2009.
cir No.82 dated29.04.13
02
03
04
05
FEATURES
Eligibility: Avg quarterly deposit of Rs 50000 in a/c. Daily Cash Withdrawal limit: Rs 50000 or USD 1000. Daily purchase limit: Rs 2 lacs. Mode of operation: PIN on ATM, Signature at Point of Sale (POS). Annual Fee: Nil. Complimentary Insurance:
Rs 2 lacs (accidental death only) and Rs 5000 on purchase protection. Loyality Points: 1 point equivalent to Re 0.25 on purchase of Rs 100 convetible into cash back at quaterly intervals. Cash Withdrawal & Balance enquiry fee: Free at ATMs under
bilateral arrangement and Rs 50 & Rs 12 respectively + Service Tax on others. Immediate Credit on outstation cheques: Rs 20000. Visa Money Transfer fee to another VISA debit/ credit card Free till 31.03.2008. User can carryout e-commerce transactions on Verified by Visa (VbV) enabled sites. Other facilities Visa Bill Pay, Mobile Top up, Virtual card solution for e-commerce and wide range of discount on shopping.
VISA Platform after successful launch For more details refer e-Circular 193/ 2007-08 dated 06.07.2007.
of MasterCard Gold Intl Debit Card.
COMBO CARD Multifunctionality Features: 1. Clip-cum-magnetic card with 4 KB chip containing details Identity card of the holder, Aceess card enabling the card holder to enter the premises, Library card details. 2. Magnetic strip is indented with complete card details in electronic form to
card issued to the faculty, student and enable the cardholder to use the card for financial transactions. 3. Card contains personal features Name and photograph of cardholder, Roll/ Employee number, Name of Institute. Usage of Card is as under Drawal of money from any SBI ATM, purstaff of Manipal Univ of Higher Educa- chase at POS terminals, payment of college fee. Issuance Process: Branch captures the personal details and sends to Switch center. Photographs are sent to personalization vendor in prescribed format through CD. Subsequent to personalization, the
vendor dispatches the cards and pins to the branch for onward delivery to the a/c holder. Cost of Card is Rs 130 + Courier charge of Rs 34. Marketing: This product is ideally suited to Educational Institutions, Corporate and Govt organizations. The young
tion (MAHE)
generations find the combo card as an exciting proposition due multiple functionalities. This product is ahead of that of any competitive products represents a technological edge and project a tech savvy image of SBI large body of students who are the opinion makers of tomorrow. GE retains data for 10 days where corresponding details not received and Turn around time from receipt of data to dispatch of card is 6 days (e-Cir 24 dt 16.04.08).
06 VISA GOLD INTERNATIONAL

DEBIT CARD
R : To offer customer an option of
07
08 SBI VISHWA YATRA FOREIGN A pre-paid plastic card, available in USD, EURO & GBP, issued in association with VISA International. Accepted at 924000 VISA ATMs and at 22 million merchant establishments all over the world except India, Nepal and Bhutan.
TRAVEL CARD It is a method of Available at all branches authorized to sell Foreign Currency/ Travellers cheques. Eligibility: Any bonafide Indian planning to travel abroad except Nepal and Bhutan. Corporates for their employees going abroad for official purcarrying fund in a safe, convenient, &
cost effective way. It takes away hassles to go moneychangers & loosing
valuable money in exhange. It relieves
the customers of Annual Fee, joining
fee other unusual charges levied on
Debit/ Credit Card.
09
10
11
12
13
pose, subject to completion of KYC Norms. Students going abroad for higher study. Foreign National residing in India subject to completion of KYC Norms. Special Features: Min amount of Issue 500 (USD), 400 (EURO), 250
(GBP). Max amount of Issue USD 10000 or equivalent or above as per FEMA 1999 guidelines. Competitive exchange rates. Reload any number of times. SMS message for each transaction. Easy operation by 4 digit PIN at
ATM and signature at POS. Free enquiry at SBI branch, SBI website but on charge at VISA ATMs. Add-on cards (max 2) to be used by cardholder in case of loss. Balance information after each transaction through SMS. Free
insurance upto Rs 2 lacs for 48 hrs pre and post card lost liability on non-PIN based transactions. A 24 X 7 helpline to help and hot-list (block) the card in case of loss. Documents: Copies of Passport, Form A, PAN or Form 60,
Proof of residence if address differs in passport.
TPM: Rs 500 per loading/ reloading of USD 1000 or Equivalent.

(Source: SBI Website dated 06.09.2007)
SBI PAY ROLL CARD renamed as A pre-paid plastic card issued in Indian Rupee in association with VISA International. Periodical payments like salary, TA/ Medical Bill, incentives etc can be loaded on to the card from a single point and the funds are available immediately to employees. SBIeZ-Pay Card To provide a single Payroll card is pre-paid ATM-cum-Debit card usable at all VISA-enabled ATMs through PIN and Signature at POS in India, Nepal and Bhutan. Balance enquiry through Internet or at ATM free of charge. Special Features: 1. Cards are used as personalized
cards only. 2. Documents Cards issued centrally with min documents to complete KYC guidelines. Employers certify the bonafide, identity, and proof of residence and submit a copy of photo identity card. 3. Reloadable any number of times, min amount of
banking arrangement of payment of
Rs 100 per reload and max amount Rs 50000 per month per employee. 4. Daily Transaction Limits Cash withdrawal & Enquiry restricted at State Bank Group ATMs (e-Cir 165 dated 18.06.09), Withdrawals at ATMs with Bilateral arrangement and other
salaries & perks to all employees
VISA enabled ATMs at nominal charge, Purchase upto Rs 25000 at POS, Free online access to statement of a/c through Internet. 5. Validity 10 years, expiry date printed on card. (e-Cir 448 dated 20.10.07)
working at different locations.
(Source: SBI Website 06.9.2007)
RBI has since clarified that Prepaid Payment Instruments(eZ-Pay Cards) issued to individuals based on full KYC or converted from corporate cards( personalised/non-personalised) issued to employees of non-listed corporate entities, can be loaded/reloaded
by debit to such corporate entitys account maintained with our Bank. (Sl. No. : 847/2011 12; Circular No. : CS&NB/CS&NBDEBITCRD/33/2011 12 dt. 27.12.2011)
SBI GIFT CARD With advance- A pre-paid plastic card issued in Indian Rupee in association with VISA international, supported by Magnetic-strip based technology. It is perfect substitute of Gift Vouchers sold by many retail houses, as its use is not restricted to
ment of banking, gift card is intro- any particular merchant establishments. Special Features: 1. It can be personalized on request of the Corporates for Bulk Issue. 2. Documents Individuals Basic KYC norms to follow, Corporates give a list of beneficiaries for
duced to gives comfort of con- issue of cards. 3. Available at all CBS Branches. 4. Min amount of issue Rs 500 and in multiples of Rs 100, max Rs 1lacs (Digest Dec,14)/-. 5. Daily Transaction limit No limit at POS, Free Balance enquiry on SBI ATMs &
veninence to employee & employer Internet, A/c statement through Internet free of cost. 6. Validity- Pre printed on the card extended from 1yr to 3yrs
and with wider acceptability.
(Source: SBI Website dated 06.09.2007)
A post-paid plastic card issued in association with VISA International & Master Card giving a lot of conveniences and benefits to the holders. Type of Cards SBI International Card, SBI Gold Card, SBI Gold Master Card, Your city Your card (at Ahmedabad,
SBI CREDIT CARD
Banglore, Delhi, Hyderabad, Kolkata, Mumbai and Pune), Partnership cards (with Hero Honda, LG, Apna Bazar, Lifestyle, Railway, Vishal Mega Mart, UBI, SBI Employee Card, SBI Advantage card etc). SBI Gold Card Eligibility Criteria: Salaried Min
Annual Income (MAI) Rs 2.25 lacs, Employee of Pub Ltd/ MNC/ Govt, Latest I T Return or Form 16 or Salary slip or copy of Bank PB / Statement of last 6 months. Self Employed MAI Rs 1.5 lacs, Latest IT Return and copy of Passbook/ Statement of last 6
CEO : Sri Roopam Ashthana
months. Retired/ Pensioners MAI Rs 2.25 lacs, Latest IT Return or Copy of Bank statement showing last 3 pension credits. Features: 1. Widely accepted across the globe at over 24 million VISA outlets incl 110000 VISA outlets in India. 2. Get cash anytime anywhere at > 251 SBI card cash points in 100 Cities & > 7200 SBI ATMs in India and > 8.1 lacs VISA ATMs across world. 3. Transfer from other Bank credit card to SBI Credit Card at low interest rate. 4. Flexipay Convenient Monthly installments at
low interest to pay the bill. 5. Lost card protection upto Rs 1000. Personal Accident Insurance of Rs 6 lacs at Rs 24 p.m. and also protect outstandings max Rs 1 lac at Rs 18 p.m. 6. Interest Free Credit upto 50 days. 7. Add-on to spouse, parents, children >
18 years at Annual fee of Rs 250 only. 8. Book e-rail ticket on line, Easy money draft upto 75% of cash limit. 9. 24 hrs helplines. 10. Earn Loyality points on purchases. Marketing Tips: Attractive Insurance cover, Low interest balance transfer, Convenience
of
technology,
Easy
bill pay, 0%
surcharge across
all Petol pumps, Flexipay,
Great
Discounts, Teledraft,
Shop & Smile Reward Program.
TPM: Rs 200 per card
(For more details view SBI Card website: 07.09.2007).
Minimum Balance NIL. Based on Radio Frequency Identification Technology. Card works on Near Field communication. The operation is through Smart Card. Home Branch will be Link Branch. Bio-metric identification is necessary for
SBI Tiny Card
Cash withdrawal. TPM Rs 100 per Card.
Rationale: In order to make SBI as techno-savvy bank, the preferred choice of customers, especially the youth segment, the innovative product was launched to focus on image makeover. Scope The youth segment represents a large and
YUVA CARD
emerging segment of consumers with increasingly higher levels of diposable income as well as significantly higher propensity to spend. Target Groups: College students, students pursuing professional coursesand first-time job seeker
who are in the age group of 18-30 years across the country. Eligibility: All SB and CA holders in age group of 18-30 yrs holding a/c singly or jointly with parents/spouse with mode of operation E or S/ Anyone or Survivor.
Daily Cash Withdrawal Limit: Minimum Rs 100, Maximum Rs 50000, Overseas USD 1000. Daily Purchase Limit Rs 2 lacs/ overeas USD 4000. Annual Maintenance Fee NIL. Complementary Insurance: Rs 2 lacs (Accidental death only), Rs
5000 on purchase protection. Loyality Points: 25 paise for every purchase of Rs 100 at POS. Fees at other ATMs: Free at SBI ATMs, Rs 20 at other ATMs under Bi-lateral Arrangement. Balance Enquiry Free at all ATMs. Concessions 1. 50%
concessions on processing charges on loans, 2. 50% concessions on Demat A/c charges, 3. 25 bp concessions in int rates on Education, Housing and Vehicle loansto the card holders who maintain salary a/c with us. Validity of Card- 10
yrs from the date of issue. Visa Money Transfer from any ATM Debit Card to another VISA ATM debit/ credit card to same or other banks. Other facilities: 1.e-commerce transactions on VbV (Verified by Visa) website. 2. E-ticketing, Mobile
top-up 3. Wide range of discount on shopping etc. (For details -e-Cir 195 dt 08.07.2008)
14 State Bank Pride
Business card
15 State Bank Premium
Business Card
Gold Chip based Debit Card with fall back on signature. CA with balances > =INR 25,000 < INR 5,00,000 Loan limits of > = INR 1,00,000 < INR 25,00,000.
Cash Deposit limit per transaction on Cash Deposit Machine -49,900. Cash Deposit limit per transaction on Green Channel Counter-40,000. Daily limits- Cash (INR)- 100,000. Daily limit- POS (INR)- 200,000
Personal Accident Insurance-Rs. 2 lakh
Platinum Chip based Debit Card with fall back on signature. CA with balances > =INR 5,00,000 Loan limits of > = INR 25,00,000*.
Cash Deposit limit per transaction on Cash Deposit Machine -49,900. Cash Deposit limit per transaction on Green Channel Counter-40,000. Daily limits- Cash (INR)- 200,000. Daily limit- POS (INR)- 500,000
Personal Accident Insurance-Rs. 5 lakh
INSURANCE PRODUCTS OF SBI

SBI
SBI Life : At a glance
Across India, when it comes to money and finance, State bank of India is synonymous to trust, strength and security. A part of the SBI Group, SBI Life Insurance has also incorporated the same into its insurance business covering 2 million highly satisfied
customers. SBI Life is the No. 1 player amongst the new life insurance companies in the country.
Capital Increased to Rs 350 crs (Authorised Share Capital to Rs 500 cr- ET 23/3/5)
SBI Life Insurance is the result of a 74:26 joint venture between SBI and Cardif S.A. of France. Incorporated on 29th March 2001, it is registered as SBI Life Insurance Company Limited with the Insurance Regulatory and Development Authority (IRDA). Cardif SA
is leading life insurance company in France. It sells insurance products through commercial bank in 29 countries and is wholly owned subsidiary of BNP Paribas, one of the top 10 Banks in the world. SBI Life has designed the life insurance products according to the need of each and every customers, as such
MD & CEO :
SBI Life became first among new life insurers to report net profit of Rs 202 lacs as on 31st March 2006. Older than SBI Life ICICI Prudential & HDFC Standard Life Insurance Co yet to book profit.
SBI Life collected a total premium of Rs 1075 crs in 2005-06, a 78% year-on-year growth. The new business premium generated was Rs 828 crs, which placed the company 4th among Private Life Insurance Cos. (Source: Business Standard dt 11.05.06)
Sr. Product & Purpose

01 SBI Life Retire
Smart
(e-Cir 43 12.04.14)
Special Features
Retire Smart adds value particularly
to HNI & CSP Customers and satisfy
their insurance & financial needs.
This is an Individual, Nonparticipating, Unit Linked Pure Pension Product.
02 SBI Life Saral
Saral Pension adds value particuPension
larly to HNI & CSP Customers and
(e-Cir 44 dt 12.4.14) satisfies their insurance & financial
needs.
This is an Individual, Non-unit linked,
Participating and Traditional Pension
Plan
Plan Options
03 SBI Life - Smart
Option I Level Term Assurance
Shield
Option II Increasing Term Assurance
Option III Decreasing Term Assurance(Loan Protection)
Option IV Decreasing Term Assurance(Family
Income Protection)
Eligibility
Min Entry Age
30 70 yrs.
Max Entry Age
40 80 Yrs
Coverage
10% or 105% of
total premiums paid
on maturity or earlier death
Entry Age
Sum Assured
Regular: 18 -60 Y Min Rs 1.00 lac
Single Premium: Max No Limit
18 65 Yrs
At Vesting
40 to 70 Yrs
Mode
PremiumMin Rs 24000
Max No Limit
Mode
Y/ HY/ Q/ Monthly
Policy Term
10 Yrs
15 to 35 Yrs
Mode: Single or An- Regular - 10 Yrs

Single Premium 5 Yrs
nual
PremiumRegular Min Rs 7500
Max No Limit
Single Min Rs 89000
Ma No Limit
Minimum Entry Age

18 yrs Maximum
Entry Age 65 yr
Maximum Maturity
Age 70 years
Minimum Sum Assured Rs. Minimum Premium

25,00,000 ( Rs. 1,00,000) Single :- Rs. 15,000/Regular Premium:Maximum Sum Assured
Yearly: Rs. 5,000/No Limit
Half-Yearly: Rs.2,500/Quarterly: Rs.1,250/Monthly: Rs. 450/- Premium
Mode Single/ Yearly / Half
yearly / Quarterly / Monthly
Additional Features
Tax benefits under 80 C and 10 D.
Death Benefit - Higher of

Total Premium paid at Int of 0.25% pa + bonus
Or 105% of total premium paid.
Tax Benfits under Sec 80 CCC, 10 (10A), 10 (10D).
Minimum Policy Term 5 years

Maximum Policy Term For Option I,
II & IV - 30 years
For Option III - Equal to the outstanding loan term subject to maximum of 30 years
Establishes a solid foundation for a lifetime of financial security for your family at a low cost.
Rewards you for maintaining a healthy lifestyle. Wide variety of plan options to give you
complete freedom from your liabilities. Large Sum Assured rebates, substantially lowering
your cost of insurance. You can also customize your coverage by choosing from a wide
range of additional benefits such as Accidental Death Benefit Rider, Accidental Total and
Permanent Disability Rider and Accelerated Critical Illness cover option. Tax benefits as per
prevailing norms under the Income Tax Act, 1961
**
04 SBI Life - Saral

Shield
Plan Options Level Term Assurance

Decreasing Term Assurance (Loan Protection)
Decreasing Term Assurance (Family Income
Protection)
Age at Entry
Min: 18 years
Max: 60 years
Age at Maturity Max:
65 years
Sum Assured(x 50,000/-)

Min: Rs.7,50,000 Max:
Rs. 24,00,000
For Level Term Assurance:

Single Premium (SP), or
Regular Premium(RP)
(Yearly / Half-yearly / Quarterly / Monthly**)
For Decreasing Term Insurance (Loan Protection) &
DecreasingTerm Insurance
(Family Income Protection) :
Single Premium
Min: 5 years
Max:
For Level Term Assurance and
Decreasing Term Assurance (Family Income Protection) - 30 years
For Decreasing Term Assurance
(Loan Protection) - Equal to the
outstanding loan term subject to
maximum of 30 years
Hassle-free, convenient and easy issuance. Complete Financial Security at truly lower
costs. Wide varieties of plan options to give you complete freedom from your liabilities.
Large sum assured rebates. Enhance your protection by availing two riders- Accidental
Death Benefit Rider and Accidental Total and Permanent Disability Rider. Tax benefits as
per prevailing norms under the Income Tax Act, 1961
05 SBI Life - Flexi

Smart Insurance
(UIN : 111N080V01)
Guaranteed Interest Rate: Guaranteed interest

rate of 2.50% p.a., will be guaranteed for the entire
policy term.
Interim Interest Rate: An interim interest rate will
be declared at the beginning of every financial
year, which will be equal to or more than Guaranteed Interest Rate and will be guaranteed for that
year.
Additional Interest Rate: An additional interest
rate may also be declared, as on 31st March,
every year, based on the performance of the
Company.
Min: 8 years
Max: 60 years
Age at Maturity
Max: 70 years
Min: Annualized Premium

10 Max: Annualized
Premium 20
Yearly / Half-yearly / Quarterly / Monthly
10 to 20 years (both inclusive)

Premium Paying Term : Same as
policy term
Premium Amounts
Min
Yearly Rs 15,000 (X 100)
Half-yearly Rs 8,500 (X 100)
Quarterly Rs 4,500 (X 50)
Monthly Rs 1,500 (X 50)
Top-up Premium Rs.2,000 (X 100)
Max
No Limit
No Limit
No Limit
No Limit
Min: Rs.75k
Max: No Limit
Yearly, Half-Yearly,
Quarterly, Monthly &
Single Premium
Min : 5 years
Max : 30 years
SBI Life Shubh Nivesh has two options:
A unique Savings cum Protection Plan with the

flexibility of Whole Life option as an add-on
Triple benefits of Wealth Creation, Regular Income
and Protection under a single plan
Convenience of premium payment options - Single
Premium and Regular Premium
Comprehensive risk coverage through 3 Riders:
Preferred Term Rider Accidental Death Benefit
Rider Accidental Total & Permanent Disability Rider
Option to receive the Basic Sum Assured at regular
interval over a stipulated time period of 5/10/15/20
years.
Age at Entry
Min :18 years
Max :60 years
07 Saral Life
(UIN : 111N071V01)
An unique savings cum insurance cover with easy

acceptance.
Enrolment based on Simplified Questionnaire and
Good Health Declaration.
Instant Processing.
Flexibility in Coverage - Sum Assured in options of
Rs.1 lakh / Rs.2 lakhs / Rs.3 lakhs.
Customize you coverage period by choosing from
10/15/20/25 years, as per your requirement.
Tax benefits as per prevailing norms under the
Income Tax Act, 1961.
Age at Entry
Min: 18 years
Max: 60 years
Age at Maturity : 70
years
Rs.1Lakh/ Rs.2Lakhs /
Rs.3Lakhs
Yearly / Half-yearly /
Quarterly / Monthly
10/15/20/25 years
Premium Payment Term
Same as Policy Term
Benefits:
Maturity Benefit:- On survival of the life assured, till the policy term, the Sum Assured along with the
accrued regular bonus and terminal bonus (if any) is payable.
Death Benefit:- In case of unfortunate demise of the life assured within the policy term, the Sum Assured
along with the accrued regular bonus and terminal bonus (if any) is payable to the nominee.
08 Smart Performer
(UIN : 111L068V01)
Guarantee at maturity based on 5% Higher than

Highest Guaranteed NAV during the first seven years
or prevailing NAV at Maturity, whichever is higher,
subject to conditions#.
Automatic Rebalancing to Lock-in of gains
Life Insurance coverage with minimum Sum Assured of 10 times or 7 times of your Annualised Premium (AP), based on your age.
Liquidity through Partial Withdrawal(s) Option to
customize the product with Accidental Death Benefit
No medical examination, Simple joining process.
Liquidity through Partial Withdrawals.
Guaranteed Additions of up to 30% of one annual
premium, for a 20 year policy term, subject to the
Policy being in force till the maturity date.
Option to avail additional rider benefit under SBI Life
- Accidental Death Benefit Linked Rider.
Min:
9 years
Max: 65years
Age at Maturity Max:
75 years
For SP
Min:1.25*SP
Max:5*SP
SP or 5 years.
10 years from the start of

the subscription period.
Maturity Benefit:: On completion of Policy Term, Maturity Value will be paid.

Maturity value for the Daily Protect Fund will be calculated based on NAV which is higher of:
Prevailing NAV as on date of Maturity OR
Higher than Highest Guaranteed NAV: There will be an increment of 5% to the Highest NAV achieved
during the first seven years under the Daily Protect Fund.
In addition, if there are any units in the Index Fund, the Fund value of such units, calculated at the Prevailing NAV would also be added, in order to arrive at the
Minimum: 18 years
Maximum: 55 years
Max. Age at Maturity
65 years
Minimum:
Age below 45 years : 10
AP
Age 45 years or above : 7
AP
Maximum:
20 AP
Yearly / Half-yearly /
Quarterly / Monthly
10 years / 15 years / 20
years
Maturity Benefit: On completion of Policy Term, Fund Value will be paid.

Death Benefit: Higher of the Fund Value or Sum Assured* is payable; with a minimum of 105% of total
basic premiums paid* till the time of death.
Rider Benefits: Accidental Death Benefit Linked Rider: Provides additional death benefit if the death
occurs as a result of an accident.
06 SBI Life - Shubh

Nivesh
09 Saral Maha Anand
Endowment Assurance: The base plan is a traditional endowment plan with simple reversionary bonuses
which accrue till the end of the endowment term. The sum assured with all accrued bonuses will be paid on
death during the endowment term or survival till the end of the endowment term.
Age at Maturity
Min : 23 years
Max : 65 years
Whole Life Endowment: The policyholder has to opt for the Whole Life Endowment option at the proposal
stage itself, wherein the sum assured along with the accrued bonus till the end of the endowment term will
be paid to the policyholder, and an amount equal to the basic sum assured will be paid on the life assured
attaining 100 years of age or on the death of the life assured, if earlier.
For RP
Min:7*AP
Max:20*AP
10 Smart Scholar
11 Smart Wealth Assure

(UIN : 111L077V01)
12 Unit Plus Super

(UIN : 111L069V01)
Secure your childs future by gaining from the

financial markets and much more.
Dual protection for your family, in case you are not
around
Payment of base Sum Assured and
Inbuilt Premium Payor Waiver benefit to ensure
continuance of your benefits.

Accident Benefit which includes Accidental Death
benefit and Accidental Total and Permanent Disability
(Accidental TPD) benefit, is an integral part of the
plan.
Twin benefits of market linked return & insurance
benefit. Liquidity through partial withdrawal(s).
Option to choose a mix of funds providing Guaranteed Return and Market Linked Returns
Guaranteed Return provided through Return Guarantee Fund (RGF) which guarantees a Minimum Prespecified NAV, subject to conditions
Market Linked Returns provided through 3 funds
Bond Fund, Equity Fund & P/E Managed Fund to give
you the best possible returns
Pay only once and get the benefits throughout the
Policy Term Liquidity through Partial Withdrawal(s)
Guaranteed Additions# of up to 75% of one annual
regular premium on a regular premium policy, for a 30
year policy term, subject to the Policy being in force till
the maturity date.
No Policy Administration fee for first 5 years for
Regular and Limited Premium Paying Term (LPPT)
plans, thereby boosting your fund value
No Premium Allocation Charge from 11th year
onwards
Guaranteed Additions starting as early as 10th policy
year onwards
Child: Min: 0 years

Max: 17 years
Proposer: Min: 18
years
Max: 57 years
Max. Age at Maturity
65 years
For Single Premium:

Minimum
Maximum
Age<45
Across all ages
Age=>45 years
years
1.25 * SP
5 * SP
1.25 * SP
Min: 8 years
Max: 25 years less childs
age at entry
(On Maturity, the age of
child should be between
18 to 25 years)
For other PPTs:

Minimum
Maximum
Age<45 years
Age=>45 years Across all
Higher of: 10 * AP
7 * AP
20 * AP
or * T * AP
Minimum: 8 years
Maximum: 65 years
Age at Maturity 75
years
Minimum:
For Age below 45 yrs : 1.25
* SP
For Age 45yrs & above: 1.10
* SP
Maximum:For Age below
45 yrs : 5 * SP
For Age 45yrs & above: 3 *
SP
Premium Payment
Term Single Premium
(SP) Single Premium
Amount (X 100)
Min: Rs 50,000
Max: No limit
10 to 30 years (both
inclusive)
4 Funds:
1. Return Guarantee Fund
2. Bond Fund
3. Equity Fund
4. P/E Managed Fund
Min: 7 years
Max: 65 years
Age at Maturity 75
years
Minimum:
For Regular Premium (RP) &
LPPT For Ages below 45 yrs :
Higher of {10 * Annual Premium (AP) or (0.5 * Term *
AP)}
For Ages 45yrs & above:
Higher of {7 * AP or (0.25 X
Term X AP)}
For Regular Premium

Same as Policy
Term
Min. Term:
For Regular Premium
(RP) -10 yrs, 15 to 30
years (both inclusive)
For Limited Premium
Payment Term (LPPT) 10 yrs, 15 to 30 years
(both inclusive)
For Single Premium (SP)
- 5 years Max. Term: For
Regular/Limited/Single
Premium Option 30
years
Option to pay Regular/Limited/ Single Premium; Switch or Redirect your premiums

Flexible product with an option to increase/decrease your Sum Assured from
6th year onwards
Life Insurance coverage, with minimum Sum Assured, based on your age
Liquidity through Partial Withdrawals
Enhanced investment opportunity through 9 varied Fund Options including
P/E Managed Fund, Index Fund & Top 300 Fund
For Single Premium (SP) For Ages below 45 yrs: 1.25

* SP
For Ages 45yrs & above:
Fixed - 1.25 * SP
For Single Premium

Single Payment
For Limited Premium
Payment Term
(LPPT):
Policy Term PPT
10years
5/8
15-30 Years 5/8/10
13 Smart Elite
(UIN : 111L072V01)
Pay premiums only for a limited term of 5, 8 or 10

years or a Single Payment, as per your convenience
and enjoy benefits throughout the chosen policy term.
No Premium Allocation Charges from 6th policy
year onwards, thereby enhancing your fund value.
Option to increase/decrease Sum Assured from
6th policy year onwards.
14 Rinn Rakshya
Recommended for covering Housing Loan, Agri Loan,

Car Loan and Personal Loan
15 Hospital Cash
(UIN : 111N065V01)
100% payout from day one of hospitalization without

any deductible
Coverage of Pre-existing diseases after 2 years
Guaranteed coverage up to 75 years
Premium guarantee for 3 years
Enhanced sum assured and increased payouts on
each policy anniversary in case of No claim
16 Super Suraksha for

Account holders
17 Home Loan Insurance

(Complete protection for
HL Borrowers)
(Sch since withdrawn.
Replaced by Rinn Raksha)
Minimum:
For LPPT For Ages below 45 yrs : 10 * Annual Premium (AP)
For Ages 45yrs & above: 7 * AP
For Single Premium (SP)
For All Ages : 1.25 * SP
Maximum:
For LPPT - For All Ages - 20 * AP
For SP For All Ages - 5 * SP
Age: 16-69 years
Minimum Rs. 10000
Single Premium or
Age at Maturity : 70
Maximum No Nimit
Regular remium
years
PPT Policy Term
3
5-10 Years
4
6-15 Years
5
8-30 Years
10
15-30 Years
Minimum age at entry for the proposer on last birthday 3 Years
: 18 years
:
Minimum age at entry
For Dependant Child 1 year
For Adult 18 years Maximum age at entry
For Dependant Child 24 years
For Adult 65 years for a new policy
72 years for a renewed policy Max age at maturity For
Dependant Child
27 years
For Adult 75 years
Min: 18 years
Max: 60 years
Age at Maturity
65 years
Policy Term 5 to 20 years

(both inclusive) Premium
Payment Term
For Limited Premium
Payment Term (LPPT)
5 or 8 or 10 years.
For Single Premium
Single Payment.
Two protection options available: Gold Option & Platinum Option

Life Insurance coverage with minimum Sum Assured of 10 or 7 times of
Annual Premium (AP), based on age.
Switch and redirection facility, to pilot investments.
++ Single /Yearly /Half-yearly /Quarterly / Monthly mode of payment.
1yr to 30 Years
+++ Yearly/ Half Yearly/ Quarterly mode of payment
Super Suraksha is a pure term group Insurance scheme with inbuilt accidental death/disability benefit to SB Gr Customers (now mass affluent with higher cover) at very low cost through simple process over the counter of all SB Group
Branches. The Sum Assured depends on age at entry & Annual Income. No Medical exam needed. Age at Entry: 18 39 yrs (Max Sum Ass Rs 5 lacs), 40 45 (Rs 3 lacs). Cover available upto 60 yrs. No Proof of Income for covers Rs
50000, 1 lac & 3 lacs except Rs 5 lacs. Mode: Annual prem by SI in Bank A/c, No direct remittance, 30 days grace in renewal. Premium Rates (Incl ST)
Age 18-39: Rs 202 (Coverage Rs 50000), Rs404 (Rs 1 lac), Rs 1191 (Rs 3 lacs),
Rs 1984(Rs 5 lacs). Age 40-59: Rs 337, 674, 1984, 3306 respectively. No extra death benefit for accidental death. Tax Benefits: U/s 80 C & 10 (10D). Claim to be submitted within 3 months of death/TPD (Total Permanent Liability).
Commission for age gr 18-39 (20% of prem), age 40-59 (16%). Nomination is compulsory. Exclusion
Death 1st 45 days of coverage except accidental and Suicide within 1st year not covered.
(Ref e-Cir 194
dated 18 July 2006)
Unmatched security to all State Bank Any HL borrowers of
Gr Borrowers. It insures the borSB group within age
rowers life during loan repayment
group 18 to 60
period to the extent of entire outstanding to make his family free of
loan liability. SBI Life settles loan as
per Original EMI schedule directly
with bank.

Special Features
-do18 Car Loan Insurance
Car Loan borrowers)
Eligibility
Any SB Gr borrower
of age group 20 to 60
years
Upto Outstandg Min

Rs 25000 (min
Prem 1000)
Max. No limit
Single
Prem for
entire term
of Policy
Valid for entire

period of loan (max
age 71 or last date of
repayment whichever earlier)Loan5to20yrs
-No burden on family in case of unfortunate death of the borrower, Simplified claim settlement process.
-Option to avail of an additional loan to cover insurance premium amount. Tax Benefit u/s 80 C of IT act.
-In case of joint borrowers, 50% discount available for the youngest.-Only good health declaration, up to Rs. 7.5 lakh loan.(Now Insurance
proposal of fresh HL within 6 months of 1st disbursal acceptable e-Cir 188/18.7.6)
Coverage
Mode
Policy Term
Additional Features
Upto Outstandg loan

amount.
Min Rs. 1
lac Max 7.5
lacs
-do-
For entire period of -No burden on family in case of unfortunate death of the borrower, Simplified claim settlement process.
loan. Max age 67 or -Option to avail of an additional loan to cover insurance premium amount. Tax Benefit u/s 88 of IT act.
last date of repay- -Life cover is available on the basis of a simple good health declaration, without any medical examination.
ment, whichever 1st.
Loan duration- 1 to 7
yrs.
-do-
19 Tractor Loan Insurance
Any SB Gr borrower For loan from

of age group 18 to 55 Rs. 10000 to
Rs. 500000
years.

Tractor Loan Borrowers)

Shakti is a group insurance espe(Protection to SHG members) cially designed to cover Self Help
(Sch withdrawn e-Cir 334/ Group Members. It provides double
benefits, a life cover in case of death
13.09.06)
and refund of total/ part premium paid,
in case of survival of the term.
21 Lifelong Pensions- KCC
This is retirement savings scheme
(Secure the futures of Kisan for the benefit of the agricultural
credit card holders)
community, along with life cover.
(Sch withdrawn e-Cir 312/
06.09.06)
20 SHAKTI
22 Swadhan Group- Higher

coverage with refund of prem for
surviving the term of policy

23 SUDARSHAN
(A saving-cum-life
insurance plan)
(Sch since withdrawn)
Any SHG member, provided SHG of > 1 yr and

having min 8 and max
20 members.
For entire period of -No burden on family in case of unfortunate death of the borrower, Simple claim settlement process.
loan. Max age 60 or -Option to avail of an additional loan to cover insurance premium amount.
last date of repay- -Life cover is available on the basis of a simple good health declaration, without any medical examination.
ment, whichever 1st.
Loan duration- 1 to 9
yrs
10 years. Policy -In the event of death of member, the Sum Assured of Rs. 25000 will be payable to the nominee.
Valid until the
-Life cover is available on the basis of a simple good health declaration, without any medical examination.
member complete -Surrender value from 5th year onwards.
60 yrs of age or
decides to exit the
scheme.
All KCC holders of Com, KCC-25000/ Monthly/ -Min guaranteed return of 4% p.a. on the pension savings up to March 2010. Post which fresh rate. Additional return on yearly investment
Co-op & RRBs of age
50000 and
Quarterly/ performance. Only good health declaration to join. No medical check-up required.
18 to 55 yrs with min
for KGC- 1 Half-Min Saving required is just Rs.2000 p.a. Automatic life covers maintenance after 3 years. Auto-debit from KCC a/c
credit limit of Rs.
-At any age between 55-70, farmer can exchange accumulated saving balance for purchase of annuity-monthly pension.
lac also.
yearly/
10000/Valid age 60 Yearly
yrs
Rs. 25000 to Yearly

every
member of
18 50 yrs.
Marketing Points: 1. Higher sum assured as per public demand. 2. No medical exam despite higher coverage. Features: 1. 5/10 yrs Term Assurance cover with refund of total/part prem at maturity
a. On surviving 10 yrs term 100% of basic prem, b. On surviving 5 yrs term 50% refund of basic prem (available for Rs 3 lacs/ 5 lacs coverage). 2. Only death benefit is payable.
Exclusion Death 1st 45 days of coverage except accidental and Suicide within 1st year not covered. 3. Sum Assured on age & Annual Income. Age 18-39: Max S A Rs 5 lacs, Age 40-50 (Rs 3 lacs).
Cover available upto 60 yrs. No Proof of Income for covers Rs 50000, 1 lac & 3 lacs except Rs 5 lacs. Mode: Annual prem by SI in Bank A/c, No direct remittance, 30 days grace in renewal.
4. Premium Rates fixed for entire term (Incl ST). Policy acquires paid up value from 4th yr & surrender value from 3rd yr onwards. 5. Tax Benefits: U/s 80 C & 10 (10D).
Claim to be submitted within 3 months of death/TPD. 6. Branch to get 15% of 1st yr basic prem and 5% on renewal prem as administratve fees (not in staff policy).
SBI Staff are offered 15% discount on 1st yr basic premium. Nomination is compulsory, Appointee in case of minor nominee.
(Ref e-Cir 190 dated 18 July 2006
Special Features
Eligibility
A participating endowment plan to save

regularly & planned way
-It helps accumulate savings & gives a lump
sum (Sum Assured + Bonus) at the end of
the policy to meet major expenses like new
house, wedding, education etc thru 2 Plans
-(A): Fixed sum assured and plan (B)
Increasing sum Assured at 5% p.a
Single Premium Min age

at entry 12, Max 65.
Regular Prem Min age
at entry 12, max 62 yrs.
Max covrage 70 for both
24
SMART WEALTH
BUILDER
CIR NO-1201/03.0214
To plan provides guaranteed

addition to the fund value on
completion
Single pre.-upto 65
yrs
Regular upto 60
25
Flexi smart plus

Cir no.1061/24.12.13
Option to increase or decrease the

sum assured
8-60 yrs
26
Saral swadhan
Cir No.1060/24.12.13
SMART MONEY
BACK GOLD
CIR-7/04.04.2014
Return of premium in case of

survival till the end of policy
The policy provides for survival
benefits of 110% of the sum assured
18-55 yrs
27
-do-
Maturity age
Min-27
Max 70
Coverage
From
25000 to
Rs. 1 cr (in
multiple of
Rs 1000)
Mode
Policy Term & Additional Features
Plan A Fixed Sum Assured for the entire duration of plan. Plan B- Increasing Sum Assured at 5% p.a. to protect from inflation (COLA optionM/Q/H/Y. Single PremCost Of Living Adjustment). Attractive rebates for High Sum Assured. 5% rebate to female. 30 day free look period. Tax rebate u/s 80 C & 10
One prem Min 5 & Max
(10D) of the IT Act.. Option to go for additional pure protection (Term Assurance, critical illness and death or Total Permanent Disability due to
option also
term 30 yrs.
an accident) at small additional prem. Vested Bonus is payable at the end of the term or death, whichever is earlier, along with the S A.
available
Regular PremMin 8 & max
term 30 yrs.
Min-30000/Max-300000/Min/- 4 lacs
(lppt)
From 50000 to no
limit
Min 30000/Max -475000/Sum assured

Min -75000
Max no limit
Single or
annual
mode
10,15 to 30yrs
Tax benefit available
M/Q/H/Y.
One prem
option also
available
yearly
5-30 yrs
TAX BENEFIT AVAILABLE
10/15yrs
m/q/h/y
12/15/20/25
yrs

Min premium-4500/-
28 Lifelong Pensions
(A plan for retirement
days)
A participating & comprehensive personal

pension plan that offers everything for comfortable retirement by enough savings to meet
post-retirement needs. Contribution kept intact
& fetch reasonable returns until wish to
convert into Annuity when chooses to retire.
29 Money Back Plan

(Get money back and
still stay insured)
Replaced by Smart
Money Back)
A participating Saving Plan offering life cover

with return at regular intervals to meet exigencies- marriage, education, birth of child, new
home etc. Holder receives Guaranteed
Survival Benefits on an increasing scale at
regular intervals during policy term, the last
Survival Benefit + Vested Bonus. On death,
nominee receives full Sum Assured + Vested
Bonus, irrespective of Survival Benefit already
paid
30 SCHOLAR II
(A plan that secure
childs future)
Scholar II ensures that nominee

receives required resources to fund
the higher educational need of the
child and at the same time, insures
life.
Any parent in 18-60 age.

Cover available up to 70.
Child up to 15 yrs of age.
31 SHIELD (Term Insurance)

(A plan that grows with
needs) (Sch since
withdrawn. Replaced by
Saral & Smart shield)
Shield is a pure risk non-participating plan

offering substantial life covers at very low cost.
But unlike others, shield offers a cover increasing with age There are 3 OptionsI. Sum Assured increase by 5% p.a.
II. SA increase by 50% every 5 yrs
III. Level Sum Assured.
Anyone of 18-60 yrs

is eligible for cover,
but till 65 yrs of age.
32 KEYMAN Save & Protect To protect the Corporate against financial
consequences due to death of a Keyman.

Policy to use as a collateral for corporate loan
-Products offered Sudarshan (Endowment)
& Shield (term ins.)
Anyone between 18
to 65 years.
Term
10 yr
15 yr
20 yr
25 yr
Entry Age
Mi Ma
n
x
15
60
15
55
15
50
15
45
Regular contribu tion 3000

pa (X 500),
Single 10000
pa(X500)
Addl 500(Topup Max co- No
limit
-do-
Additional features: *Lifelong pensions guarantees a min return of 4% p.a. up to 31st March 2010. Post which, a fresh rate will be declared.
-Right to convert accumulated balance in Per Pension Account at any vesting age between 50-70 yrs. Withdraw < 33% sum for exigency.
-Withdraw the remaining amt for getting annuity payment benefit as follows: Fixed annuity amt in life time/ Increasing life annuity to keep up with increasing cost of
living/ Fixed annuity amt for guaranteed term of 5,10 or 15 yrs & thereafter as long you are alive/ Joint Pension Plan which means payment of annuities during the
lifetime of the person & thereafter as long as the spouse is alive. Tax rebate u/s 80CCC(1) of IT Act, up to 10000/- Optional Top-up facility: Pay an additional amt to
increase retirement kitty, irrespective of contribution payment mode.
-After 3 yrs, automatic cover Maintenance ensures cover in force even for missed premium. 30-day free look period.
Insurance
Coverage
from 50000
to Rs 5 crs.
(In X
10000)
-do
Policy Term: Option of a 10, 15, 20 or 25 year term.

Additional Features: 1. Policyholder gets more than the Sum Assured depending on the option chosen. 2. Option of money back every 3, 4 or 5 yrs. 3. Tax benefits
u/s 80 C and 10 (10D) of IT Act. 4. Attractive rebates for high Sum Assured. 5. Female to get 5% rebate.
6. Attractive option rider 4 different riders: Term Assurance, Critical Illness, Premium Waiver Benefit & Death or Total Permanent Disability due to accident. 7. 15day free look period. 8. Guaranteed Survival Benefits payable 10 years term (110% Sum Assured + Vested Bonus), 15 years term (115% SA + VB), 20 years term
(120% SA + VB) and 25 years term (125% SA + VB).
Policy Term: 21 yrs

less age of child, Min
6 to21 yr. Prem
Term: 18 less age of
child, Min 3 & Max
18 yrs Premium
Paying Term
Coverage- 2 options A. Level Cover thru out term of
policy
B. Increasing Cover two types: 5% or 50 increase
p.a. As
Sum
Sum Assured increases Level
Cover
Asby
sured
5 % p.a. 50% p.a.
Rs 3
Min
Rs 3 lacs Rs 3 lacs
lacs
Max.
Rs 25
Rs 10 crs Rs 8 crs.
crs
From 50000
to Rs 1 cr.
(X Rs 1000)
-do-
1. Survival Benefit is payable in 4 annual instl after child completes 18. Last Survival Benefit payable with V Bonus
2. Attractive rebates for high Sum Assured 3. Female to get 5% rebate 4. 15-day free look period
5. Attractive option rider 3 types: Critical Illness, Premium Waiver Benefit and Death or Total Permanent Disability due to accident.
6. Tax benefit u/s 80 C and 10(10D) of income Tax Act.
Payment Modes: M/ Q/ H/ Yrly. Single prem also option also available. Policy Term: Min 5 yrs Max 25 yrs.
Additional Features: 1. In case of death of policy holder, the nominee is paid the Sum Assured.
2. One can opt for Accidental Death & Permanent Disability rider and also the Premium Waiver Benefit rider.
3. Tax benefits u/s 80 C and 10(D) of IT Act.
4. Attractive rebates for high Sum Assured.
5. Females to get 5% rebate 6. 15-day free look period.
Min Entry age 18 yrs, Shield : Min SA Rs. 10 lacs (in X 10000), Max SA 1. Max agg Sum Assured per policy 5 times of net profit or 3 times of gross profit of company for last 3 years.
others conditions as in Rs 10 Cr. Level Cover Rs 25 cr Mode Q / H/ Yrly 2. No loan and nomination available. USP : 3 in 1 - Protect Company, save Tax & increase loyalty of Employee.
Term: 5-25y
Ref Circular : Circo/Adv/ 352 of 2004-05 dated 31.03.2005 (Corp Centre Let No. PBBU/MCS/04-05/205/dt 12.3.5
Shield & Sudarshan
Sudarshan Coverage Rs 1 cr (Repay only after
death)
33 EDUSHIELD
(Insurance cover for
educational loan borrower)
-Credit Protector Scheme

Replaced by Rinn
Raksha)
34 SWADHAN
(Life cover with refund
of premium)
EduShield is an insurance plan that provides

life insurance protect ion to educational loan
borrowers. On death of the insured borro-wer,
SBI Life pays the Sum Assured directly to the
Bank. The Bank refunds surplus amt over the
outstanding to legal heirs.
Any SB Gr Borrower of
18 to 30 age. Parents of
36- 60 yrs of age can
avail cover.
Ins cover to
the extent of
Loan from Rs
3 - 50 lacs (X
10000)
Swadhan is a non-participating term insurance policy with a difference. It offers pure

protection i.e. in case of death of the policyholder; the nominees are entitled to the Sum
Assured. But on surviving the term, all premiums are repaid to the holder depending on
the term of policy.**
Any one of 18 to 55 yrs of

age is eligible for cover,
with a max coverage up
to 65 yrs of age.
From Rs 3
lacs to 1 cr.
(in X
10000)
Policy Terms
By automa Minimum of 5 yrs
tic debit fr and
Maximum of 15 yrs
loan a/c.
term.
Yearly,
Quarterly/ Policy Term

Half-yrly/ Minimum 5 years
Yearly
Maximum 10 years
1. EduShield comes with 3 Life Cover Options as in table 2. Automatic assignment of policy to the Bank
3. No burden on family in case of death of borrower.
4.Simplified claim settlement process 5.15-day free look pd 6.Attractive rebates for high Sum Ass 7. Female-5 % rebate
**On Surviving Term Policy, the policyholder gets refunds as follows 50% of total basic premiums paid for a 5 yr policy, 60% for a 6 yr
policy and so on. So, for a 10 yr policy the refund will be 100% of basic premiums. Normally, term plans do not offer this benefit.
1. Tax benefits u/s 80 C of IT Act and all refunds at the end of the term are tax-free 2. Attractive rebates for High Sum Assured 3. Female to
get 5% rebate 4. 30-day free look period.
YEARLY Minimum 5 years

Entry Age: NRI- 18-60 yrs NRI -3-100
Triple Advantage Policy 1. Policy denominated in INR but can freely repatriate in Foreign Currency on mat.
(coverage < 70), Depend- lacs,
Maximum 10 years 2. Life insurance coverage to dependants (spouse, parents 18-55 yrs) on practically free, all prem refunded (10y)
ent (18-55 yrs)
Dep- 3-10 lacs
3. Six Critical Illness coverage (Rs. 3-5 lacs)-Cancer, Heart Attack, Kidney failure, Organ transplant (Dhanwantri)
+5% every yr
ad
HORIZON discontinued from 30.06.06. Modified HORIZON-II launched from 01.07.06, incorporates a lock in period of 3 yrs eligible for partial withdrawal, WD from Top Up Corpus & Surrender value. Marketed by only specifically trained CIFs. Salient Features: 1.
Term: a. 10 40 Yrs, b. Whole life: death of life insured/ 99th birthday which ever earlier. 2. Age at entry: Min 7 yrs, Max 60 yrs. Maximum maturity age: Terms of the policy or 70 yrs, whichever is earlier. 3. Mode: Y/ HY/ Q/ Monthly. 4. Sum Assured: (Term/2) X Annualised Premium. 5. Risk Covered: Death without any rider. 6. Min. Premium: Rs 12000 (Yearly), Rs 6000 (HY), Rs 3000 (Q), Rs 1000 (Monthly). No max Prem limit. 7. Top Up: If no unpaid prem, min Rs 1000, max 25% of total basic prem. (Lock in period of 3 yrs on
Top up amt). 8. Maturity Benefit: Fund value as on date. Death benefit: Sum Assured + Fund value. 9. Surrender Value: Allowed after 3rd Anniversary. Policy can be revived 5 yrs from first unpaid prem. 10. Partial WD: After 4th yr of policy or age 18, whichever is later.
11. Tax benefits: U/s 80 C & 10(10D) of IT Act 1961. Marketing Points : ULIP with Auto piloting of the Customer investment. Also offers customer friendly features viz. Free look & grace period.
R A maiden ULIP scheme of SBI Life marketed as Saving product with life cover & market linked returns. Its features are superior to traditional ULIP products of our competitors.
(Ref e-Cir 193 dated 18 July 2006)
Setubandhan is a unique life insurance policy

(A unique life policy for NRIs & that combines attractive investment opportunity. It is an insurance bond by NRIs with
their dear ones In India)
dependent residents in India.
35 SETUBANDHAN
36 HORIZON - II
(Unit linked with life cover
regular premium product)

Replaced by Smart
Horizon)
37 UNIT PLUS II
Replaced by Unit Plus
Super)
UNIT PLUS discontinued from 30.06.06. Modified UNIT PLUS-II launched from 01.07.06, incorporates a lock in period of 3 yrs eligible for partial withdrawal, WD from Top Up C orpus & Surrender value. Marketed by only specifically trained CIFs. Salient Features:
1. Term: a. 5 40 Yrs, b. Whole life: death of life insured/ 99th birthday which ever earlier. 2. Age at entry: Min 7 yrs, Max 65 yrs. Maximum maturity age: a. Terms of the policy or 80 yrs, whichever is earlier, b. Death of life insured or 99th Birthday whichever is earlier.
3. Mode: a. Y/ HY/ Q/ Monthly, b. Single premium 4. Sum Assured: 5 to 50 times of Annualised Premium, b. 125% or 625% of single premium. Sum Assured fixed throughout the policy. 5. Risk Covered: Death with rider Critical illness & Accidental Total Permanent Disability. 6. Min. Regular Premium: Rs 24000 (Yearly), Rs 12000 (HY), Rs 6000 (Q). Single Premium: Rs 50000. No max Prem limit. 7. Top Up: If no unpaid prem, Regular Premium min Rs 3000, max 25% of total basic prem. Single Premium min Rs 10000.
(Lock in period of 3 yrs on Top up amt). 8. Maturity Benefit: Fund value as on date. Guaranteed Addition
In case of Single Prem with term of 20 yrs & above, Yr 8 15%, Yr -25%, Yr 20 60% of avg prem paid. Death benefit: Higher of Sum Assured or Fund value
less withdrawals. 9. Surrender Value: Allowed after 3rd Anniversary. Policy can be revived 5 yrs from first unpaid prem. 10. Partial WD: After 4th yr of policy or age 18, whichever is later. 11. Tax benefits: U/s 80 C & 10(10D) of IT Act 1961. Marketing Points: ULIP with
Auto piloting of the Customer investment. Also offers customer friendly features viz. Free look & grace period. Women will get 5% rebate on risk premium.
38 DHAN VRIDHI
39 SMART INCOME
PROTECT
A unique Investment-cum-Protection Life Insurance Policy for Residents & NRIs was launched for shorter period from Oct 05 to March 2006, especially to mobilize redemption amount of Indian Millennium Deposit with Sum Assurance Rs 25000 to Rs 10 Crs.
Individual (Non-Linked) Insurance Product that provides the policy holder the twin benefits of insurance cover and regular income payout after maturity and is made available with a choice of fixed policy terms of 5 /
10 / 15 years.Age at Entry: Minimum: 8 years & Maximum: 60 years Age at Maturity : minimum: 18 years & Maximum: 65 Years.Fixed Policy Term Years: 5 / 10 / 15 years.Min: Rs.1,00,000/- Max: No Limit
Yearly / Half-yearly / Quarterly / Monthly.Maturity Benefit as lump sum: Policy holder gets vested reversionary bonuses plus terminal bonus, if any, at maturity. Maturity Benefit in Instalments: Policy holder will be paid
yearly payouts equal to 11% of basic Sum Assured for next 15 years after maturity. This period of 15 years is called payout period. The first instalment will be paid at the end of first year during the payout period.
Service Tax: 12.24% of premium on Shield, Edushield, Pension, Horizon II, Unit Plus, Group Suraksha, Home, Car & Tractor Loan Insurance, Swarn Ganga (For Staff)
1.02% of Total premium on Composite products like Sudarshan, Scholar II, Money Back, Swadhan (Gr + Ind), Setubandhan and Shakti.
INTEREST RATES
(Latest Interest Rates on Asset & Liability Products of SBI
- As on 12th April 2010)
Ghanshyam Prasad Srivastava, AGM, CPPC, Patna

SBI P L R : SBAR w.e.f. 1.1.4 (10.25%) 1.5.6 (10.75%) 2.8.6 (11%) 27.12.6 (11.5%) 2.2.7 (12.25%) 9.4.7 (12.75%)
16.2.8 (12.5%)
27.2.8 (12.25%)
27.6.8 (12.75%)
12.8.8 (13.75%)
10.11.8 (13% ) 1.1.9 (12.25%)
29.6.9
(11.75%)
PER SEGMENT
HOME LOANS incl all variants Maxgain/ Optima/ / T +/ Freedom/
Flexi/ Realty/ NRI HL/ sanctioned > 29.06.2009 (Home Plus: Card
floating rate only) Ref e-Cir 205/ 03.07.2009.
Public
< 5 yrs > 5 -15 yrs >15-25yrs Fixed ra e < 10 yrs
30 lacs
9.25
9.50
9.75
10.75
> 30 lacs 9.75
10.00
10.25
11.75
> 75 lacs 9.75
10.00
10.50
11.75
Staff
6% p.a. (Simple) Ref e-Cir 638 dt 05.02.08
Com. terms 7% (Rs 30 lacs), 7.5% (> 30 lacs)- eCir199
Rate - 8% (1st yr), 9% (2nd & 3rd yr), >3rd Yr 10% (Floating)/ 11% (Fixed)
SBI Easy & Advantage loan from1.1.4 to 30.4.4. 0.1% rebate if salary a/c
with us, Plus Sch, Teacher +, Green House, Gram Niwas, S Niwas &
Corp/ Builder tie-ups. (Rebate U/ Plus sch not allowed with salary a/c).
Earnest Money for allotment of Flat: 12.75% (e-Cir 205/ 03.7.2009)
Home Line: 0.5% above Card floating HL Int Rate (e-Cir 205/ 03.7.09).
AUTO LOAN 29.06.09*
New &NRI# OD** Used#
Upto 3 yrs, 7.5 lacs & +
11.00
11.50 14.75
Upto 3 yrs, Below 7.5 lacs
11.25
11.75 14.75
> 3 to 5 yrs, All Loans
11.25
11.75 15.00
> 5 to 7 yrs, All Loans
11.50
12.00 15.00
*e-Cir 192/27.6.9 / 673
#SME Units ** New Car only
Staff Car Loan (Wef 1.2.8) 7% (Simple) Ref e-Cir 645/ 06.02.08
Int fixed at 8% (1st y),10% (2nd& 3rd y) for loan upto 31.3.10 (640/17.12.9)
SBI2 wheel loan 27.6.8 12.8.8 10.11.8 1.1.9 29.6.9
Upto 3 yrs
16.75* 17.25* 16. 0
16.25 15.75
Bulk Finance (25) 12.25** @
@
@
@
Staff 7% Simple, Max Rs 60000, Margin: 10% (e-Cir 747 dt 27.3.8
*Upto 3 years **Maximum upto 5 years @ Bulk Fin Int Rate withdrawn
0.10 % rebate U/s Credit Khazana (Ref e-Cir 587 / 31.12.08)
PERSONAL LOAN 27.6.8 12.8.8 10.11.8 1.1.9 29.6.09
SBI SARAL
16.75 17.75 17.25
16.50 16.00
Xpress check off 13.50 14.50 13.75
13.00 12.50
Xpress PDC/ OD 14.00 15.00 14.25
13.50 13.00
Xpress- others
15.50 16.50 15.75
15.00 14.50
Festival Loan
15.25 16.25 15.50
14.75 14.25
Pensioners loan
13.25# 14.25# 13.50
12.75 12.25
Staff Wef 1.2.8
OD 8% monthly compd &/or DL - 8% simple
* e-Cir 209/ 6.7.9.
# Spl campaign rate for 1.5.8 31.8.8
SBI-STUDENT LOAN 12.8.8 10.11.8 1.1.9 1.5.9* 29.6.9
Upto Rs 4 lacs
13.25 12.50
11.75 11.50 11.25
> Rs 4 lacs 7.5 lacs 14.75 14.00
13.25 11.25 12.75
Above Rs 7.50 lacs
13.75 13.25
12.25 11.00 11.75
SBI Scholar Loan
12.25 11.50
10.75 10.75 10.25
Staff Student Loan 11.75 11.00
10.25 10.25 9.75
* For Loan 1.5.9 to 30.9.9 e-Cir 73 / 27.04.09; 0.5% rebate to girls.
PER ADVANCES & DEPOSITS

OTHER P SEGMENT LOANS e-Cir 209/ 06.07.09*
Mortgage loan
12.8.8
10.11.8
1.1.9
29.06.09
Rent +, Medi +
14.50
14.00
13.25
12.75
Clean Overdraft
17.75
17.00
16.25
15.75
Gold Loan-Upto 1 la
Margin
30%
12.25
11.75
Gold Loan + 1 Lac
Margin
30%
12.75
12.25
Loans for Sub to IPO If qualify Xp Credit 14.50
14.00
- do Others
16.25
15.75
15.00
14.50
ESOP/ Share/Debntr
15.75
15.25
14.50
14.00
FCNR(B) DL/OD
11.75
11.00
10.25
9.75
Equity Plus
15.75
15.25
14.50
14.00
Reverse Mortgage
10.75% (Fixed-Reset 5 yrs), Staff-1%<card
SBI Career Loan
12% (EM), 1%>FD, 11.75%(NSC,LIC..)
NSC, KVP, LIC@ SBI Life, RBI Relief Bond, SBI Magnum
Repay < 3 yrs
13.75
13.25@ 12.50@ 12.00@
Repay > 3 yrs < 6 yrs 13.75
13.25@ 12.50@ 12.00@
@ Margin on NSC/KVP, RBI 40%, S V of LIC 5%, SBIMF 50%
Fixed Dep DL/ OD
1% > TD Rate
OTHER STAFF LOANS

NSC-Repay <3Y, US64
12.8.8
10.11.08 1.1.9 29.6.09
Govt Sec, RBI Rel Bond
11.50
10.75
10.00
9.50
NSC-Repay > 3Y, do11.75
11.00
10.25
9.75
Kisan Vikas Patr
12.25
11.50
10.75
10.25
LIC,SBI Life,Gold *
10.25**
9.50
9.50
9.50
UTI-II,SBMF,Share,Deb
13.50
12.75
12.00
11.50
*60 months TDR Rate for public+1% ** Wef 16.08.08
Retail DEPOSITS/ NRO/Capgain +/Co-op Bank/SBITaxSS
e-Cir 559/7.11.9

09.9.09 Resident Staff,
St Pen+
Sr-Ctz
St Pen
Sr Ctz
7 14 days
$
$ For Deposit Rs 1 cr & + for all period Refer e-Cir 807/ 02.3.10
15 days to 45 days
2.50
2.50
3.50
3.50
46 days to 90 days
3.50
3.50
4.50
4.50
1 days 180 days
4.75
4.75
5.75
5.75
181 days < 1 yr
5.25
5.25
6.25
6.25
1 Y to less than 2 Y
6.00
6.50
7.00
7.50
2 Year < 3 Year
6.50
7.00
7.50
8.00
3 yrs to less 5 yrs
6.50
7.00
7.50
8.00
5 Yrs to less 8 Yrs
7.25
7.75
8.25
8.75
8 Yrs to 10 Yrs
7.50
8.00
8.50
9.00
Premature WD of TD at 1.00% below the rate. No penalty for staff.
Saving Bank
3.5
3.5
4.5
4.5
NB: Int Rate on loans on TDs of SME Customers - 1.5% + TD Rate for
DL/ OD wef 18.11.08, Circle CGM may give + 0.5% (e-Cir 516/24.11.8)
AGL, TRADE & SSI Advanc s
INDUSTRIAL and C&I Advances
AGL ADVANCES (e-Cir 217 08.07.2009)

Direct (ACC/KCC, Agl gold/demand loan)& Indirect Finance
LIMITS
29.06.09
CRA Rated 29.06.09
Upto Rs 50000
9.00
SB1 & SB2
12.25
50000 -< 2 lacs
10.00
SB3 SB5
13.00
>2 lacs- < 3 lacs
10.75
SB6 & SB7
13.50
>3 lacs -< 5 lacs
11.75
SB8 SB 16
13.75
>5 lacs -< 25 lacs
12.75
Loans upto Rs 3 lacs 7% p.a. (Fixed), subject to 2% subvention by Gov
TERM LOANS Direct & Indirect Finance
LIMITS
Unrated TL-1-3Y
Rated
3y&+ 1-3y
Upto Rs 50000
10.50
10.00
SB1 SB2 12.75 12.25
50000 -< 2 lacs
11.50
11.00
SB3 SB5 13.50 13.00
>2 lacs- < 5 lac
12.25
11.75
SB6 SB7 14.00 13.50
>5 lacs -< 25lac
13.25
12.75
SB8 -SB16 14.25 13.75
Sch for MFIs & NGOsat SBAR (11.75%) wef 29.06.09 (e-Cir240/17.7.9)
SHG LOANS -Direct 27.6.8 12.8.8 10.11.8 01.1.9 29.06.09
Upto Rs 2 lacs
11.00 12.00 11.25 10.50
10.00
Above Rs 2 lacs
12.00 13.00 12.25 11.50
11.00
SBF ADVANCES (e-Cir 237 / 16.07.09)
CASH CREDIT: Loans & Adv payable on demand/ < 3 Yrs
LIMITS
27.6.8 12.8.8 10.11.8 1.1.09 29.06.09
Upto Rs 50000
11.00 12.00 11.25 10.50
10.00
50000 -< 2 lacs
12.00 13.00 12.25 11.50
11.00
>2 lacs- < 5 lacs
12.75 13.75 13.00 12.25
11.75
>5 lacs -< 25 lacs
13.50 14.50 13.75 13.00
12.50
SME Care 8.00% (e-Cir 672/11.02.09)
TERM LOAN : For TL repayable in > 3 Yrs & Above
LIMITS
27.6.8 12.8.8 10.11.8 1.1.9 29.06.09
Upto Rs 50000
11.50 12.50 11.75 11.00 10.50
50000 -< 2 lacs
12.50 13.50 12.75 12.00 11.50
>2 lacs- < 5 lacs
13.25 14.25 13.50 12.75 12.25
>5 lacs -< 25 lacs
14.25 15.25 14.50 13.75 13.25
SSI ADVANCES (e-Cir 237 / 16.07.09)
CASH CREDIT : Direct Finance - SME SMART SCORE MODEL
LIMITS
27.6.8 12.8.8 16.12.8 1.1.9 29.06.09
Upto Rs 50000
11.00 12.00 10.25 10.25 10.00
50000 -< 2 lacs
12.00 13.00 11.25 11.25 11.00
>2 lacs- < 5 lacs
12.75 13.75 12.00 12.00 11.75
>5 lacs -< 25 lacs
13.00 14.00 12.25 12.25 12.00
>25 lacs-< 50 lacs
13.50 14.50 12.75 12.75
Disc of Bills u/ LCs:1-45d:7.75%, 46-90d: 8%, 91-180d-8.5%,181&+9%
Rs Export Credit- Preship 270d/ Postship 180d: 2.5 < PLR upto 31.10.9
Gold Metal Loan: Cash 5%, BG 5.75%, CC 6% (e-Cir 313/14.8.9)
SSI ADVANCES
TERM LOAN : Direct Finance - SME SMART SCORE MODEL
LIMITS
27.6.8 12.8.8 10.11.8 1.1.9 29.06.9
Upto Rs 50000
11.50
12.50 11.75 11.00 10.50
50000 -< 2 lacs
12.50
13.50 12.75 12.00 11.50
>2 lacs- < 5 lacs
13.25
14.25 13.50 12.75 12.25
>5 lacs -< 25 lacs
13.50
14.50 13.75 13.00 12.50
>25 lacs -< 50 lacs
14.00
15.00 14.25 13.50
Loans u/s CGTSI : Additional Interest @ 0.50% p.a. on loans upto 31.3.6
No loading of add lint of @ 0.30% p.a.on loans after 16.08.08 (e-Cir602).
Easy Traders Loan: CC 0.25% < SBAR, TL 0.5% > SBAR.
C&I ADVANCES - Wef 29.06.2009 (e-Cir 189/ 27.6.09)
CC : Loans & Adv on demand/ < 1 Yr & >1.1.4 for 1 - < 3 Yrs
LIMITS
27.6.8 12.8.8 10.11.8 1.1.9 29.6.9
Upto Rs 25000
10.50
11.50 10.75 10.00 9.50
25000 -< 2 lacs
11.50
12.50 11.75 11.00 10.50
>2 lacs- < 5 lacs
12.75
13.75 13.00 12.25 11.75
>5 lacs -< 25 lacs
13.50
14.50 13.75 13.00 12.50
.
TERM LOAN : TL repayable in 3 yrs & Above
LIMITS
27.6.8 12.8.8 10.11.8 1.1.9 29.06.09
Upto Rs 25000
11.00 12.00 11.25 10.50
10.00
25000 -< 2 lacs
12.00 13.00 12.25 11.50
11.00
>2 lacs- < 5 lacs
13.25 14.25 13.50 12.75
12.25
>5lacs -< 25 lacs
14.25 15.25 14.50 13.75
13.25
ADV CRA Rating Wef 29.06.2009 (e-Cir 189/ 27.6.09)
LIMITS WC/TL*# TL** TL*** TL****@ STL/ Bill Agl@
SB 1
12.50
12.85 13.00 13.00
12.00
11.75
SB 2
12.50
13.10 13.75 13.00
12.00
11.75
SB 3
13.25
14.10 14.25 13.75
12.75
12.50
SB 4
13.25
14.60 14.75 13.75
12.75
12.50
SB 5
13.25
14.75 14.75 13.75
12.75
12.50
SB6& 7
13.75
14.75 14.75 14.25
13.25
13.00
SB 8
14.75 14.75
S8 16
14.25
14.75
13.75
13.25
*WC CC & WCDL < 1 yr, TL (incl WCTL) of > 1.1.4 for 1+ < 3 yrs
**1.11.97-1.1.99,***>1.11.99-3Yr(old),****>1.11.99-3Yr (New),#1.1.4 <3y
@Agl Adv- STL & Disc of Bills for less than 1 yr (e-Cir 217/ 08.07.09)
Cold storage :Capital Invest Subsidy Sch for Horticulture(e-C602
LIMITS
27.2.8 27.6.8 12.8.8 10.11.8 01.01.09
CC- Upto Rs 25000
10.50 11.00 12.00 11.25
10.50
CC- 25000 -< 2 lacs
11.50 12.00 13.00 12.25
11.50
CC Above 2 lacs
12.50 13.00 14.00 13.25
12.50
TL- Upto Rs 25000
11.00 11.50 12.50 11.75
11.00
TL- 25000 -< 2 lacs
12.00 12.50 13.50 12.75
12.00
TL Above 2 lacs
13.00 13.50 14.50 13.75
13.00
E M I ChartChart- A Ready reckoner

( In Rupees per lakh )
7% to 8.75%
9% to 10.75%
11% to 12.75%
13% to 15%
M
7.00 7.25 7.50 7.75 8.00 8.25 8.50 8.75
6 17009 17021 17033 17045 17058 17070 17082 17095
12
8653 8664 8676 8687 8699 8710 8722 8734
18
5868 5880 5891 5903 5914 5925 5937 5948
24
4477 4489 4500 4511 4523 4534 4546 4557
30
3643 3655 3666 3677 3689 3700 3712 3723
36
3088 3099 3111 3122 3134 3145 3157 3168
42
2691 2703 2714 2726 2738 2749 2761 2773
48
2395 2406 2418 2430 2441 2453 2465 2477
54
2164 2176 2188 2199 2211 2223 2235 2247
60
1980 1992 2004 2016 2028 2040 2052 2064
66
1830 1842 1854 1866 1878 1890 1902 1914
72
1705 1717 1729 1741 1753 1766 1778 1790
78
1599 1612 1624 1636 1648 1661 1673 1686
84
1509 1522 1534 1546 1559 1571 1584 1596
90
1431 1444 1456 1469 1481 1494 1506 1519
96
1363 1376 1388 1401 1414 1426 1439 1452
102 1304 1316 1329 1342 1354 1367 1380 1393
108 1251 1263 1276 1289 1302 1315 1328 1341
114 1203 1216 1229 1242 1255 1268 1281 1295
120 1161 1174 1187 1200 1213 1227 1240 1253
126 1123 1136 1149 1162 1176 1189 1202 1216
132 1088 1102 1115 1128 1142 1155 1169 1182
138 1057 1070 1084 1097 1111 1124 1138 1152
144 1028 1042 1055 1069 1082 1096 1110 1124
150 1002 1016 1029 1043 1057 1071 1085 1099
156
978
992 1005 1019 1033 1047 1061 1075
162
956
970
983
997 1011 1025 1040 1054
168
935
949
963
977
991 1006 1020 1034
174
916
930
944
959
973
987 1002 1016
180
899
913
927
941
956
970
985
999
186
882
897
911
925
940
954
969
984
192
867
881
896
910
925
940
954
969
198
853
867
882
896
911
926
941
956
204
840
854
869
883
898
913
928
943
210
827
842
856
871
886
901
916
932
216
816
830
845
860
875
890
905
921
222
805
819
834
849
864
880
895
911
228
794
809
824
839
855
870
885
901
234
784
799
815
830
845
861
876
892
240
775
790
806
821
836
852
868
884
M
9.00 9.25 9.50 9.75 10.00 10.25 10.50 10.75
6 17107 17119 17132 17144 17156 17168 17181 17193
12
8745 8757 8768 8780 8792 8803 8815 8827
18
5960 5971 5983 5994 6006 6017 6029 6040
24
4568 4580 4591 4603 4614 4626 4638 4649
30
3735 3746 3758 3770 3781 3793 3804 3816
36
3180 3192 3203 3215 3227 3238 3250 3262
42
2784 2796 2808 2820 2832 2844 2855 2867
48
2489 2500 2512 2524 2536 2548 2560 2572
54
2259 2271 2283 2295 2307 2319 2332 2344
60
2076 2088 2100 2112 2125 2137 2149 2162
66
1927 1939 1951 1964 1976 1988 2001 2014
72
1803 1815 1827 1840 1853 1865 1878 1891
78
1698 1711 1723 1736 1749 1761 1774 1787
84
1609 1622 1634 1647 1660 1673 1686 1699
90
1532 1545 1558 1571 1584 1597 1610 1623
96
1465 1478 1491 1504 1517 1531 1544 1557
102 1406 1419 1433 1446 1459 1473 1486 1500
108 1354 1368 1381 1394 1408 1421 1435 1449
114 1308 1322 1335 1349 1362 1376 1390 1404
120 1267 1280 1294 1308 1322 1335 1349 1363
126 1230 1243 1257 1271 1285 1299 1313 1327
132 1196 1210 1224 1238 1252 1266 1280 1295
138 1166 1180 1194 1208 1222 1237 1251 1265
144 1138 1152 1166 1181 1195 1012 1224 1239
150 1113 1127 1141 1156 1170 1185 1200 1215
156 1090 1104 1119 1133 1148 1163 1178 1192
162 1068 1083 1098 1112 1127 1142 1157 1172
168 1049 1064 1078 1093 1108 1123 1138 1154
174 1031 1046 1061 1076 1091 1106 1121 1137
180 1014 1029 1044 1059 1075 1090 1105 1121
186
999 1014 1029 1044 1060 1075 1091 1106
192
985 1000 1015 1030 1046 1062 1077 1093
198
971
987 1002 1017 1033 1049 1065 1081
204
959
974
990 1005 1021 1037 1053 1069
210
947
963
978
994 1010 1026 1042 1059
216
936
952
968
984 1000 1016 1032 1049
222
926
942
958
974
990 1006 1023
1039
228
917
933
949
965
981
998 1014 1031
234
908
924
940
956
973
989 1006 1023
240
900
916
932
949
965
982
998 1015
M
11.0 11.25 11.50 11.75 12.0 12.25 12.50 12.75
6 17205 17218 17230 17242 17255 17267 17280 17292
12
8838 8850 8862 8873 8885 8897 8908 8920
18
6052 6063 6075 6087 6098 6110 6121 6133
24
4661 4672 4684 4696 4707 4719 4731 4742
30
3828 3840 3851 3863 3875 3887 3898 3910
36
3274 3286 3298 3310 3321 3333 3345 3357
42
2879 2891 2903 2915 2928 2940 2952 2964
48
2585 2597 2609 2621 2633 2646 2658 2670
54
2356 2368 2381 2393 2406 2418 2431 2443
60
2174 2187 2199 2212 2224 2237 2250 2263
66
2026 2039 2052 2064 2077 2090 2103 2116
72
1903 1916 1929 1942 1955 1968 1981 1994
78
1800 1813 1826 1839 1852 1866 1879 1892
84
1712 1725 1739 1752 1765 1779 1792 1806
90
1637 1650 1663 1677 1690 1704 1718 1731
96
1571 1584 1598 1612 1625 1639 1653 1667
102 1513 1527 1541 1555 1568 1582 1596 1610
108 1463 1476 1490 1504 1518 1533 1547 1561
114 1418 1432 1446 1460 1474 1488 1503 1517
120 1378 1392 1406 1420 1435 1449 1464 1478
126 1342 1356 1370 1385 1399 1414 1429 1444
132 1309 1324 1338 1353 1368 1383 1398 1413
138 1280 1295 1309 1324 1339 1354 1369 1385
144 1254 1268 1283 1298 1313 1329 1344 1359
150 1229 1244 1260 1275 1290 1305 1321 1336
156 1208 1223 1238 1253 1269 1284 1300 1315
162 1187 1203 1218 1234 1249 1265 1281 1296
168 1169 1185 1200 1216 1231 1247 1263 1279
174 1152 1168 1183 1199 1215 1231 1247 1263
180 1137 1152 1168 1184 1200 1216 1233 1249
186 1122 1138 1154 1170 1186 1203 1219 1236
192 1109 1125 1141 1157 1174 1190 1207 1223
198 1097 1113 1129 1146 1162 1179 1195 1212
204 1085 1102 1118 1135 1151 1168 1185 1202
210 1075 1091 1108 1124 1141 1158 1175 1192
216 1065 1082 1098 1115 1132 1149 1166 1183
222 1056 1073 1089 1106 1123 1140 1158 1175
228 1047 1064 1081 1098 1115 1133 1150 1167
234 1040 1057 1074 1091 1108 1125 1143 1160
240 1032 1049 1066 1084 1101 1119 1136 1154
M
13.0 13.25 13.50 13.75 14.00 14.50 14.75 15.00
6 17304 17317 17329 17341 17354 17379 17391 17403
12
8932 8943 8955 8967 8979 9002 9014 9026
18
6145 6156 6168 6180 6192 6215 6227 6238
24
4754 4766 4778 4789 4801 4825 4837 4849
30
3922 3934 3946 3958 3970 3994 4006 4018
36
3369 3381 3394 3406 3418 3442 3454 3467
42
2976 2988 3001 3013 3025 3050 3062 3075
48
2683 2695 2708 2720 2733 2758 2770 2783
54
2456 2468 2481 2494 2506 2532 2545 2558
60
2275 2288 2301 2314 2327 2353 2366 2379
66
2129 2142 2155 2168 2181 2207 2221 2234
72
2007 2021 2034 2047 2061 2087 2101 2115
78
1906 1919 1933 1946 1960 1987 2001 2014
84
1819 1833 1846 1860 1874 1902 1916 1930
90
1745 1759 1773 1787 1801 1829 1843 1857
96
1681 1695 1709 1723 1737 1766 1780 1795
102 1625 1639 1653 1667 1682 1711 1725 1740
108 1575 1590 1604 1619 1633 1663 1678 1692
114 1532 1546 1561 1576 1591 1620 1635 1650
120 1493 1508 1523 1538 1553 1583 1598 1613
126 1459 1474 1489 1504 1519 1549 1565 1580
132 1428 1443 1458 1473 1489 1520 1535 1551
138 1400 1415 1430 1446 1462 1493 1509 1525
144 1375 1390 1406 1421 1437 1469 1485 1501
150 1352 1368 1383 1399 1415 1447 1463 1480
156 1331 1347 1363 1379 1395 1428 1444 1460
162 1312 1328 1345 1361 1377 1410 1426 1443
168 1295 1311 1328 1344 1360 1394 1410 1427
174 1280 1296 1312 1329 1345 1379 1396 1413
180 1265 1282 1298 1315 1332 1366 1383 1400
186 1252 1269 1285 1302 1319 1353 1370 1388
192 1240 1257 1274 1291 1308 1342 1359 1377
198 1229 1246 1263 1280 1297 1332 1349 1367
204 1219 1236 1253 1270 1287 1322 1340 1358
210 1209 1226 1244 1261 1279 1314 1332 1349
216 1200 1218 1235 1253 1270 1306 1324 1342
222 1192 1210 1227 1245 1263 1299 1317 1335
228 1185 1203 1220 1238 1256 1292 1310 1328
234 1178 1196 1214 1231 1249 1286 1304 1322
240 1172 1189 1207 1225 1244 1280 1298 1317
Delegation of Financial Powers

(Scheme of Delegation of Financial Powers in Advances and Allied Matters in SBI (Based on Patna Circle Circulars)
Ghanshyam Prasad Srivastava, AGM, CPPC, Patna
NB: The table given below is based on Patna Circle Circulars. The Delegation of Powers may differ from one Circle to other in few cases.
PER SEGMENT
(Rs. In lacs)
BRANCH MANAGERS / MANAGERS OF DIVISIONS
SMGS IV
MMGS III
MMGS II
JMGS I
JMGSI
(SAB)
10.00
NIL
NIL
NIL
Specified Security
75.00
50.00
30.00
20.00
Loan against Surrender of LIC Policies O.D
2.00
1.00
0.50
NIL
Car Loan(used cars Max Rs.15 lacs)
6.00
5.00
2.50
NIL
Housing Loan
15.00
10.00
5.00
1.00
Educational Loans
Studies in India
6.00
5.00
3.00
1.50
NIL
Studies abroad
8.00
6.00
4.00
NIL
NIL
SBI Loan to Pensioners Scheme
1.00
1.00
1.00
0.10
0.05
Loans against shares / debentures
1.50
NIL
NIL
NIL
NIL
Gold Loans
1.00
1.00
1.00
0.50
NIL
Rent Plus
15.00
10.00
5.00
1.00
NIL
SBI Saral
7.50
5.00
3.00
NIL
NIL
Festival Loan for Public
1.00
1.00
0.50
0.10
NIL
Xpress Credit
7.50
5.00
3.00
0.10
0.05
Personal Loan Scheme against collateral security of
5.00
2.00
1.00
NIL
NIL
immovable properties
Jai Jawan Pension Loan Scheme
2.00
2.00
0.50
0.10
0.05
Unsecured Loans (Clean Overdrafts)
0.50
0.25
0.25
NIL
Nil
Personal Loan Scheme : With Check Off
4.00
2.50
1.00
NIL
NIL
Personal Loan Scheme : Without Check Off
3.00
2.00
0.75
NIL
NIL
Purchase of cheques
1.00
0.50
0.30
0.25
0.15
o
Clean overdrafts SHOULD NOT BE granted as a matter of routine but strictly based on merits of each case on
a VERY SELECTIVE BASIS compatible with the status, value of connection of the customer etc., and should
be recovered within 12 months and SHOULD NOT BE ROLLED OVER.
o
Accountants at Branches not having P Division are also vested with Financial Powers applicable to Branch
Managers of equivalent grade for sanction of loans against specified security to P segment customers who
are the bonafide owners of the security.
o
FOs/RDOs can sanction Loans against Specified Securities under All Segments
All Segments (Loans against specified securities) for
FOs/DO
MMGS II
JMGS I
DL/OD
30.00
20.00
AUTHORISED BRANCHES (PER Segment)

Any other branch not listed below should be specially authorized by the competent authority.
CAR LOANS
EDUCATION LOANS
PERSONAL LOANS
PER LOANS AGAINST
MORT-GAGE OF IMMOVABLEs
All Branches with
All Metro, Urban
All Branches
Metro & Urban
All Branches in
PB Divisions
&
Semi-Urban
Branches
with
All PBBs
Metro / Urban /
PB Divisions
Branches
Semi-urban
All District Head
All branches with
centres having
PB Divisions
Quarters
and
All Captive Brs
PB Divisions
Project Area Brs.
All Super Circle
Rural Branche if
of
Excellence
approved by GM
Brs
All PBBs
AGRICULTURE SEGMENT
BRANCH MANAGERS / MANAGERS OF
DIVISIONS
SMGS
MMGS
MMGS
JMGS I
IV
III
II
4.00
3.00
2.00
1.00
7.50*
5.00
3.00
1.00
(Rs. in lacs)
FOs / DOs
JMGSI
(SAB)
0.50
0.50
MMGS
II
1.00
2.00
IJMG SI
ACC including Agricultural Gold Loans

ATL
For tractors with accessories & farm
machinery only
3.00
Purchase of cheques
1.00
0.75
0.50
0.10
NIL
NIL
SELF HELP GROUPS
3.00
2.00
1.50
0.75
0.50
1.50
Consumption Credit
0.10
0.10
0.05
0.05
0.05
0.01
With Micro Credit Plan
10.00
NIL
NIL
NIL
NIL
NIL
*In case of KGC, power will be restricted to Rs 5 lacs i.e. max permissible limit under the scheme.
All Government Schemes(Where Margin Money / Subsidy are provided by Govt Agencies) for FOs/DOs
Term Loans
2.00
0.50
1.00
NIL
NIL
0.75
0.01
NIL
1.00
DELEGATION OF FINANCIAL POWERS IN C&I and SIB SEGMENTS

C&I SEGMENT
(Rs. in lacs)
SMGS IV
MMGS III
MMGS II
JMGS I
Specified Security
Goods (Pledge/Hypothecation)
incl documents of title of goods
& Hypothecation of Book Debts
Advances against bills Clean
Advances against bills - Documentary
Term Loans
Unsecured Loans
NFBs-BGs / LCs
Purchase of cheque3
JMGSI
(SAB)
SB 1 & SB 2
75.00
Others
75.00
50.00
30.00
20.00
10.00
40.00
30.00
20.00
7.00
2.00
1.00
6.00
40.00
5.00
40.00 ( C&I)
30.00 ( SSI)
30.00
3.00
20.00
3.00
30.00
1.00
10.00
0.50
2.00
NIL
1.00
8.00
2.00
15.00
1.00
4.00
0.50
6.00
0.50
2.00
0.10
2.00
0.30
1.00
NIL
NIL
NIL
40.00
3.00
20.00
2.50
SBF SEGMENT
(Rs. In lacs)
SMGS IV
MMGS III
MMGS II
JMGS I
Retail Traders : Working Capital
Retail Traders : Term Loan
Business Enterprises Working Capital
Business Enterprises Term Loans
Professional and Self-employed: Term Loan
DOCTOR+
Professional and Self-employed: W.C: DOCTOR+
Professional and Self-employed: Term Loan
OTHERS
Professional and Self-employed: W.C: OTHERS
Small Road Transport Operators Term Loans
Small Road Transport Operators Working
Capital
SBF Card : Working Capital
SBF Card : Term Loan
Purchase of cheques
SSI SEGMENT(Including Tiny & Village Industries)

(Rs. In lacs)
Specified Security
Goods (Pledge/Hypothecation) including documents of
title to goods and Hypothecation of Book debts
Advances against bills Clean
Advances against bills Documentary
Term Loans
Unsecured Loans
NFB BGs/LCs
SME Credit Plus
Purchase of cheques
BRANCH MANAGERS / MANAGERS OF

DIVISIONS
SMGS
MMGS
MMGS
JMGS I
IV
III
II
75.00
50.00
30.00
20.00
30.00
20.00
6.00
2.00
5.00
30.00
10.00
3.00
20.00
5.00
2.50
3.00
20.00
8.00
2.00
15.00
3.00
1.00
1.00
5.00
4.00
0.50
3.00
1.00
0.50
0.50
1.00
2.00
0.10
1.00
0.50
0.30
JMGSI
(SAB)
10.00
1.00
NIL
0.50
1.00
NIL
NIL
NIL
NL
All Government Schemes(Where Margin Money / Subsidy are provided by Government Agencies) for FOs/DO
MMGS II
JMGS I
Working Capital
6.00
2.00
7.50
5.00
15.00
10.00
15.00
5.00
4.00
10.00
7.00
8.00
3.50
2.50
6.00
3.00
4.00
2.50
1.50
2.00
1.50
1.50
JMGSI
(SAB)
0.75
0.50
0.75
0.50
0.50
3.00
3.00
2.00
1.00
0.50
10.00
8.00
2.50
1.00
0.50
Managers of divisions at branches will exercise the same powers delegated to the Branch Managers of their respective
grade.
Branch Managers JMG (SAB) can exercise financial powers upto Rs.1.00 lac in respect of loans under PMRY and
other Government Sponsored Schemes subject to maximum permissible under the Scheme / Unit cost and observance of
other conditions stipulated in various schemes.
NOTE: SIB:
The powers delegated to FOs/RDOs are less than those of Branch Managers of same grade. Therefore, the loans sanctioned by FOs/RDOs are to be controlled by the Branch Managers of respective branches only, even if the Branch Managers are of the same grade.
2.00
10.00
1.00
2.00
8.00
0.50
1.00
3.00
0.25
0.50
1.00
NIL
0.25
0.50
NIL
Officials of grades between MMII to SMGS-V, if posted in lower grade will exercise the power corresponding to grades to
which they belong. This ii applied to both in case of Advances and allied matters as well as in General Matters in respect of Officers in SMGS-V and below. (Ref Cir CIRDO/ OP&SP/ NO. 01 OF 2007/08)
5.00
5.00
1.00
4.00
3.00
0.50
3.00
2.00
0.30
2.00
1.50
0.25
0.75
0.50
0.15
All Government Schemes(Where Margin Money / Subsidy are provided by Government Agencies) for FOs/DO
MMGS II
JMGS I
Working Capital
3.50
2.50
Term Loans
2.50
1.50
In case of any discrepancy /advice/please contact on:
ghanshyam.srivastava@sbi.co.in
or call/send SMS on 09431020156

280 Products of SBI and SBI Life (March 31, 2015) by Ghanshyam Srivastava, AGM

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280 Products of SBI and SBI Life (March 31, 2015) by Ghanshyam Srivastava, AGM

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280 PRODUCTS OF SBI AND SBI LIFE As on 31st March 2015 / By Ghanshyam Prasad Srivastva, AGM, CPPC, Patna

PER SEGMENT ADVANCES PRODUCTS

AGRICULTURAL & SME ADVANCES PRODUCTS

59. P M R Y 60. D I R 61. CGFT 62. Equity Fund

(For Internal Circulation on

NEW PRODUCTS OF SBI

CHECK OFF FACILITY

Rationale/ Objective/ Purpose

10. RELAX & GAIN STRUCTURED PRODUCTS

P SEGMENT ADVANCES SCHEMES AT A GLANCE

Other Features & Ref Circulars.

Max 30yrs or upto the age of 70yrs whichever is

1 HOUSING LOAN (Mst Cir 885/24.1.11)

(Loans upto Rs. 20 lacs exc Staff HL,

Individuals 18 (e-Cir 549 dt 02.03.06) to

58. Margin Money Sch for KVIC

Margin HL under Cons Upto `75lacs: 20%, >` Rs75

(no min. income criterion)

Deposit, Advances & Card Products of SBI and Insurance

7 SAHYOG NIWAS (P S Advance)

8 SPECIAL RURAL HOUSING SCHEME

10 SBI-TRIBAL PLUS Home Loan

Sl. Name of the Scheme

-In wake of intense market competition &

12 SBI REALTY To tap effectively the

market potential for HLs for purchase of

14 SBI-FREEDOM Home Loans

15 SBI-OPTIMA Additional Home Loan

SBI Home Plus

-Processing fee waived; legal fee max Rs. 200/- for

Any individual to construct new house or

Eligibility & Amount of Loan

Repayment /Interest (Floating)

Other Features & Ref Circulars

-2% penalty on the amt prepaid in excess of normal EMI

Deposit, Advances & Card Products of SBI and Insurance

Deposit, Advances & Card Products of SBI and Insurance

SBI LOANS TO PENSIONERS

PERSONAL LOAN (Replaced by

SBI SARAL Simplified Personal

23 JAI JAWAN PENSION

category (a) valuation by Banks

Employees & P&SE, etc. (min. 2yrs

Loan Scheme with Objectives:

SR NAME OF SCHEME/ Rationales

FESTIVAL LOAN SCHEME FOR

LOAN AMOUNT, MARGIN

SECURITY & Other Features & Ref Circulars

Interest: See Page: Latest Interest Rates.

Deposit, Advances & Card Products of SBI and Insurance

SBI EASY TRAVEL LOAN

Emp of Govt, reputed PSU for 2 yrs,

Min Income: Emp/Pensioner Rs 6000, Self Emp NAI

Margin NIL. Type of Loan TERM LOAN

30 SBI EDUCATION PLUS

31 SBI HOME LINE

34 SBI Career Loan

35 SBI Reverse Mortgage Loan

Deposit, Advances & Card Products of SBI and Insurance

RBI EDUCATIONAL LOAN

SR NAME OF SCHEME/ Rationales

LOAN AMOUNT, MARGIN & INTEREST

Other Features & Ref Circulars

Upto 4 lacs: No security, Only