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SBI Agriculture Loan - Farmer's Schemes For Land Purchase and Debt Swapping Of Borrowers

Objective of Farmer's Land Purchase Scheme of SBI is to assist Small & Marginal farmers, Tenants Cultivators, Share Croppers and landless agricultural laborers for purchase of land.

1. SBI Agriculture Loan - Farmer's Land Purchase Scheme

Eligibility

The borrowers should have a record of prompt repayment of the loan for at least two years. Good borrowers of other Banks may also eligible provided they liquidate their outstanding to other banks.

Types of Non Banking Financial Companies (NBFC)

Non Banking Financial Companies (NBFC) are mainly classified into 4 types in which first will be general NBFC, secondly, Mutual Benefit Financial Company, then third, Mutual Benefit Company and finally the forth is Miscellaneous Non Banking Company.

SBI Privilege Home Loan For Employees of Central / State Governments

SBI has launched "Privilege Home Loan", a new, cheaper and hassle free home loan for employees of Central Govt. and State Govt. including employees of PSB, PSU and others with pensionable service. SBI Privilege Home Loan helps reduced burden of servicing EMI under the new schemes as lower EMI would need to be serviced during the post-retirement term. This is because the EMI to be serviced during the post-retirement term are capped at 50% of the current Net Monthly Income (NMI).

Agricultural Term Loans (ATL)

A majority of Agricultural loans operate within 18 months of repayment period which commonly known as Seasonal Agricultural Operations (SAO). Farmers seeking loans facilitating "long term loans" with repayment period of upto 15 years may give immense opportunities to invest in diversified fields like Dairy Farm, Farm Mechanisation, Minor Irrigation, Lift Irrigation, Horticulture, Land Developments, Sheep / Goat / Piggery / Poultry Farm, Inland fisheries, Sericulture, Rural Godowns, Farm Plantations / Forestry Plantations and other activities. Agricultural Term Loans (ATL) fulfil the whole requirement through various banking institutions under strict regulation of RBI / NABARD.

SBI Agriculture Loan - Scheme For Dairy Societies And Dairy Units

SBI has two bank loan schemes for Dairy related agricultural projects. The first one named -SBI Scheme For Dairy Societies- aims to provide finance for creating infrastructure like Construction of Milk house or Society office, Purchase of Automatic milk collection system, transport vehicles, Bulk chilling unit; and the second named SBI Dairy Plus Agriculture loan scheme to finance milk producing members of AMUL pattern societies recognized private milk dairies posting profit in the past two years.

Bank Deposit Accounts - Opening Aspects, Procedure and KYC

One of the primary function of a commercial bank is accepting deposits from public and in return, bank will give interest earnings for the deposited money to the account holder depending on the type of deposit accounts. It is a three part article, which will look into various aspects of deposit accounts, its operations, and types of deposit accounts, offered our commercial banks in India. Opening aspects and KYC is the first part that everybody should know before they get into the bank for having relationship with bank and their deposit accounts.

Head Office of Public Sector Commercial Banks (Nationalized Banks) in India

When you think about banking, the first preference goes to Nationalized Public Sector Commercial Banks like SBI, Canera Bank, Bank of Baroda etc. Why do people give higher privilege to Nationalized banks? The basic answer is very simple - India Govt. has a good control over Nationalized Commercial Banks. They are forced to follow the instructions issued by Central Govt. and RBI. They are dominating over 90% of the banking sector in India that plays big economic role of India's development.

Cash Credit In Banking System

Cash credit is a flexible system of lending under which the borrower has the option to withdraw the funds as and when required and to the extent of his needs. Under this arrangement the banker specifies a limit of loan for the customer (known as cash credit limit) up to which the customer is allowed to draw.

SBI Pradhan Mantri Mudra Yojana (PMMY) Scheme for Collateral Free Bank Loan

Good time for small entrepreneurs! Hassle free loan under Pradhan Mantri Mudra Yojana (PMMY) Scheme from your most trusted bank SBI which is initiated by the Ministry of Finance, Govt. of India to "Fund the Unfunded". PMMY allows loans through Public Sector banks, Regional banks, Rural banks, State and Urban cooperative banks to manufacturing, trading and services sector that comes upto Rs. 10 lakhs fund needs. All of above PMMY is a Collateral Free loan Scheme.

SBI Reverse Mortgage Bank Loan (SBI RML)

SBI RML scheme provide a source of additional income for senior citizens of India who own self-acquired and self-occupied house property in India. It can be utilized as supplementing income, any personal expenses, house repairs, etc. Loan amount should not be used for speculative, trading and business purposes.

SBI SME Auto Loan (SBI FRTO Loan)

SBI SME Auto loan allows Small and Medium Entrepreneurs (SME) for buying new and old vehicles such as auto-rickshaw, car, jeep, MUV of any model. Old vehicles should not be older than 4 years and be passed by the bank's assessment. This Term loan scheme also known as "Finance for Road Transport Operators - FRTO".

SBI NRI Branches: Address, Phone, Email, IFSC Code, Swift Code and Branch Code

SBI has NRI branches in major towns across India providing specialised services such as dedicated Relationship Managers, Personalized Services, Range of NRI Deposit products, Quick NRI Housing & Car Loans, Remittance facility, and E-Z trade (online trading of equities) facility. Here is the list of SBI specialised NRI branch address, convenient contact methods like phone, email, fax including NRI Branch IFSC Code, Swift code and Branch Code.

Lok Sabha (Parliament) - Interesting Facts

The Lok Sabha (House of the People) was duly constituted for the first time on 17 April, 1952 after the first General Elections held from 25 October, 1951 to 21 February, 1952. The first Session of the First Lok Sabha commenced on 13 May, 1952. The Lok Sabha is composed of representatives of the people chosen by direct election on the basis of adult suffrage. Hence it is called the Popular Chamber. The quorum to constitute a sitting of the House is one-tenth of the total number of Members of the House under article 100(3) of the Constitution.

Rice Mill Plus Bank Loan Scheme For Food Processing Units

SBI has fantastic loan scheme for entrepreneurs of food grain mills - 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.

Registrar Of Companies (ROC) in India

ROC functions as registry of company records and issue Company CIN No, related to companies registered with them and located in various States and Union Territories of India. Maharashtra and Tamil Nadu get two ROC due to its heavy requirement, where in North Eastern states altogether gets one ROC in Shillong.