SBI has different Term Loan products to boost SME sector depending on purpose of the business they setup. Products are: General purpose term Loan for SSI upto Rs.
Term loans for purchase of new transport vehicles at cost on road basis and working capital facilities against the receivables. Loans are available for surface transport operators owning more than 10 well maintained and road worthy vehicles including trucks, tankers, tippers, luxury buses.
SBI provides the best car loan scheme for you to take a loan for purchase of used car, not more than 5 years old.
Loans for present and prospective owners of shops/ offices/ show-rooms/ training centres/ service centres/ garages/ offices for Chartered Accountants/ Consultants for the purchase / repair/ renovation of new/ old shops/ establishments/ offices/ dealer’s showroom etc.
Finance to Restaurants
Loans to the Owners of Restaurants and Fast food chains for purchase of kitchen equipments, investment in interior decoration, purchase of furniture and fixtures, purchase of land and construction of buildings etc.
SBI Housing loan customers are offered to utilize this concessional facility called Credit Khazana.
Artisan Credit Card
The scheme provides loans to Artisans to meet their credit requirements both for investments as well as working capital in a flexible manner at liberal rates of interest.
Supply Chain Financing is an online collaborative platform for the banks, buyers and sellers for transactions and financing across the financial supply chain.
Rice Mill Plus
Term loan for acquisition of machinery/factory building for modernization/ expansion and working capital needs of Rice Mills engaged in milling, sorting, grading and polishing. No upper ceiling on loan amount.
SBI SME Open Term Loan, the easy and hassle-free way to get finance for expansion or modernization of existing business, a
SME Credit Plus
For existing and new borrowers this scheme provides a clean cash credit facility to meet contingencies, sudden and unforeseen expenditures like repairs, meeting bulk orders, tax payments, mismatch in cash flows etc.
A new scheme “SBI Loan to Affluent Pensioners” is formulated to match the requirements and higher repayment capacity of those with higher salaries and pensions. Eligibility, Maximum amount, security and other terms depends on whether applicant is Normal Pensioner or Family Pensioner.
A major misunderstanding noticed among overseas Indians who wish to avail a car loan can be had from the bank without involvement of any others.
SBI provide the best car loan scheme for purchasing of Certified Pre-owned Car, not more than 5 years old. This loan would be the best choice for people who wish to test a car for a short period and then buy a brand new luxury car in the later stage.
The Stree Shakti Loan Scheme is specially designed to find and support entrepreneurship among women by providing concessions in the financial assistance and processing.
Processing fee details of SBI Personal Finance products are given below. The complete and updated details are to be checked with SBI website.
SBI provides, different car loan schemes in the personal banking sector which attracts many common features. They are listed here with individual details.
SBI provides many customer friendly loan schemes in SME sector in which Paryatan Plus Loan Scheme focuses mainly in travel and tourism business that enhances next level of business like renovation, extensions, modern
SBI Property Loan for steady income personals - a dream comes true! This is an all purpose personal loan for anything that life throws up at you!!