Evolution of State Bank of India

Bank of Bengal, Bank of Bombay & Bank of Madras were amalgamated as the Imperial Bank of India on 27 January 1921.

The Imperial Bank of India was rechristened as State Bank of India on 1st July, 1955.

The State Bank of India (Subsidiary Banks) Act was passed in 1959, which enabled the State Bank of India to take over eight former State-associated banks as its subsidiaries (later named Associates).

Today SBI has 21,500 branches &137 foreign offices in 32 countries across the globe.

Types Of Loans
Home Loan Saral Person Loan Gram Nivas Scheme Car Loan Educational Loan Property Loan Loan against Shares & Debentures Rent Plus Scheme Xpress Credit Personal Loan

Home Loans
Given for purchase, construction, extension & renovation of home. Maximum repayment period up to 25 years. Free Accidental Insurance cover available. Processing Fee is payable at the time of documentation only.
Loan Amount Upto Rs. 25 Lacs Processing Fee 0.25% of loan amount

Above Rs. 25 Lacs and upto Rs. Rs. 10,000/75 Lacs Above Rs. 75 Lacs Rs. 20,000/-

Home Loans (contd.)

Base Rate= 10.00% p.a.
Loan Amount Linkage with Base Rate over Effective Rate the tenor of the loan

Upto lacs

Rs.

30.00 0.75% above Base Rate

10.75% p.a.*

Above Rs. 30.00 1.00% above Base Rate lacs and upto Rs. 75.00 lacs Above Rs. 75.00 1.25% above Base Rate lacs No fixed rate option in any limit bracket.

11.00% p.a.*

11.25% p.a.*

A concession of 0.25% in card interest rate over the tenor of Home Loan is available under ongoing special Home Loan campaign upto 31.12.2011.

Saral Personal Loan

Loan Limit: Minimum : Rs.24,000/- in metro and urban centres Rs.10,000/- in rural/semi-urban centres Maximum : 12 times Net Monthly Income for salaried individuals and pensioners subject to a ceiling of Rs.10 lacs in all centres Base Rate 10.00 % w.e.f. 13.08.2011 Interest Rate: 8.50% above Base Rate floating, currently 18.50% p.a. No Margin amount. Repayable in 48 EMIs.

GRAM NIVAS SCHEME

A Home loan for farmers & rural dwellers. Maximum loan amount Rs.5 Lacs. Loan Limit: For construction/purchase of house: Rs.2.00 lacs For repairs/renovation: Rs.1.00 lacs For purchase of land: Rs.0.30 lacs Margin- 10 % of the project cost. Repayment- up to 15 years. Processing Charges- Nil

SBI ADVANTAGE CAR LOAN

SCHEME FOR LESS THAN RS. 5 LACS
No Advance EMI; Longest repayment tenure (7 years)
SL. No 1 PARAMETER SCHEME Applicable to DETAILS All New Car Loans to Public At present the following Interest rates are applicable: For Term Loan: 1.25% above Base Rate, i.e. 11.25% p.a. For Overdraft: OD will attract 0.50% more than the existing rate for Term loans.

Interest Rate

Margin- 15 % of on the road price. Repayment- 84 months.

Other types of vehicle Loans

NRI Car Loan Tenure For all tenures Two Wheeler Loan Tenure Up to 3 years Used Vehicle Loan Tenure Up to 3 years Above 3 yrs Rate of Interest 7.25% above Base Rate i.e. 17.25% p.a. 7.50% above Base Rate i.e. 17.50% p.a. Rate of Interest 8.25% above Base Rate i.e. 18.25% p.a. Rate of Interest 1.25% above Base Rate i.e. 11.25% p.a.

Certified Pre-owned Car Loan Scheme Tenure Up to 3 years Above 3 yrs Rate of Interest 6.00% above Base Rate i.e. 16.00% p.a. 6.50% above Base Rate i.e. 16.50% p.a.

EDUCATION LOANS -SBI STUDENT LOAN SCHEME

Maximum loan amountIndia : 10 lacs. Abroad: 20 lacs . Repayment period- 5-7 years Margin Up to 4 lacs : No Margin. Above 4 lacs : 5 % Margin in India. 15% Margin for abroad. Interest RateUpto to Rs. 4 lacs: 13.75% p.a. Above Rs.4 lacs and upto Rs.7.50 lacs: 14.25% p.a. Above Rs.7.50 lacs : 12.25% p.a.

PROPERTY LOAN
Loan Amount Minimum: Rs.25,000/Maximum : Rs.1 crore Margin- 60 % of the market value of your property. Repayment Maximum of 60 equated monthly installments, up to 120 months for salaried individuals with check-off facility. Processing Fees 2% of the loan amount [inclusive of the service tax]. Max of Rs. 50,000/-

LOANS AGAINST GOLD ORNAMENTS, MORTGAGE OF PROPERTY

Loan against Gold Ornaments
Size of Credit Limit Upto Rs. 1,00,000/Above Rs. 1,00,000/Rate of Interest 4.25% above Base Rate Floating, currently 14.25% p.a. 4.75% above Base Rate Floating, currently 14.75% p.a.

Loan against Mortgage of Immovable Property

Size of Credit Limit (Term Loan) Upto Rs. 1,00,00,000/Above Rs. 1,00,00,000/*No Overdraft against Mortgage of Property Rate of Interest 5.25% above Base Rate Floating, currently 15.25% p.a. 5.50% above Base Rate Floating, currently 15.50% p.a.

LOAN AGAINST SHARES \ DEBENTURES

Loan Limit- Up to 20 lakhs. Margin- 50% of the prevailing market prices of the shares/ non-convertible debentures being offered as security. Repayment Schedule - Maximum period of 30 months. Interest Rates- 6.50% above Base Rate, currently 16.50% p.a. Processing Charge 1% of Loan Preference shares will not be acceptable as security It is offered as an Overdraft or Demand Loan.

RENT PLUS
Loan LimitMin. : Rs. 50,000.00 Max. : Rs. 5 crore for properties located at Non-Metro Centres and Rs. 7.50 crores for properties located at Metro Centres. Period of repayment - 7 years or the residual lease period, whichever is lower. Margin -40% Repayment - Equated Monthly Installments of 7 years or residual lease period.

RENT PLUS (Contd.)

Interest Rates Centre Metro Loan upto Rs. 7.50 Crores 5.25% above Base Rate, currently 15.25% p.a. 5.50% above Base Rate, currently 15.50% p.a. Loan Amount Rate of Interest

Above Rs. 7.50 Crores

Non Metro Loan upto Rs. 5.00 Crores 5.25% above Base Rate, currently 15.25% p.a. 5.50% above Base Rate, currently 15.50% p.a.

Above Rs. 5.00 Crores

XPRESS CREDIT PERSONAL LOAN

Eligibility Income : Rs. 5000 EMI/NMI Ratio should not exceed 50% Loan Amount Min: Rs.24,000/ Max: 24 X NMI (Demand Loan) with an upper ceiling of Rs.15.00 lacs. Repayment PeriodMin :6 month Max : 60 month / 5 years Margin - Nil Processing Fees- 1% of the Loan Amount Interest Rate - 5.00% above Base Rate Floating, currently 15.00% p.a.

Few Other Schemes

Type of Facility Clean Overdraft SBI Loan to Pensioners SBI Loan to Affluent Pensioners Festival Loan Scheme Loan against Bank Time Deposits (Domestic) Rate of Interest 8.25% above Base Rate, currently 18.25% p.a. 4.75% above Base Rate, currently 14.75% p.a. 4.75% above Base Rate, currently 14.75% p.a. 6.75% above Base Rate, currently 16.75% p.a. 0.75% over the rate paid on Relative time deposit.

Thank You