The Reserve Bank of India (RBI) is the top level banking institution that has power to monitor and control other financial institutions in India. It's better call as financial institution rather banking institution due to extended power to monitor and control all financial institutions including banking.
SBI Online Income Tax Return Filing Service - SBI e-File provides a convenient method for filing online IT return service at no cost to its customers. This FREE service brought in association with an e-Return intermediary (ERI) approved by the IT Department. If you pay a nominal charge Rs. 150/-, all salaried customers can avail Bank Assisted e-filing services. When you file your returns early ie., prior 31st July, you can avoid paying interest on self-assessment tax and faster refund if any.
SBI has introduced "Shaurya Home Loan" featured exclusively for Indian Defense personnel. SBI Shaurya Home Loan reduces 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).
Kisan Gold Card (KGC) is privileged credit card provides a general-purpose loan meant for meeting credit needs of farmers for productive and consumption purposes. Farmers having good track record of repayment in their ACC / ATL / KCC accounts for the last two years. New borrowers who maintain sizeable deposit with our branches for the last 2 years.
SBI Agriculture Loan For Financing Power Tractor (Scoring Model For Tractor Loans) to provide finance for purchasing of new tractors, accessories and implements as Agricultural Term Loan that can be availed by Agriculturists (individually or jointly). There must be minimum of land holding 4 acres of perennially irrigated land. Applicants should score of 56 under the scoring model of the bank. Proposals with credit score of 26 & above but upto 55 will be considered after credit enhancement.
Kisan Credit Card Scheme: The Kisan Credit Card (KCC) Scheme was a model agriculture loan scheme prepared by NABARD in August 1998 and RBI advised to implement the same by all commercial banks in India in 1998. After series of request from farmers, NABARD and RBI revised the whole KCC Scheme to suit the farmers' current needs. As per RBI directives, revised KCC scheme shall be referred to as the "Scheme to cover term loans for agriculture and allied activities under Kisan Credit Card Scheme".
SBI Agriculture Loan For Financing Of Second Hand / used Tractors Schemes (SBI - Mahindra Vishwas & SBI TAFE Nayaroop) enable farmers with smaller land holdings to mechanize their farms.
Individual farmer or a group of farmers not exceeding three in number (as co- borrowers) owning minimum 3 acres of perennially irrigated agricultural. Tractors which are more than 7 years from the original purchase date shall not be financed.
Objectives of Financing Joint Liability Groups Of Tenant Farmers (JLG) are to augment flow of credit to tenant farmers cultivating land either as oral lessees or sharecroppers and small farmers who do not have proper title of their land holding through formation and financing of JLGs.
SBI Agriculture Loan for Tractor Upgradation (Sanjeevani) provides Finance For Repairs, Maintenance And Addition Of New Implements Etc. (to Tractors) to assist the farmers, who are regular in their repayments for repairs / maintenance of tractor and for purchase of additional implements.
The Stree Shakti Loan Scheme is specially designed to find and support entrepreneurship among women by providing concessions in the financial assistance and processing. The main criteria SBI looks for, an enterprise should have more than 50% of its share capital owned by women. Stree Shakti Loan Scheme aims to empower women entrepreneurs who own and are managed in retail trade, business enterprises of professional and self -employed like doctors, beauty parlour operators etc.
What happened when you are in need of urgent fund due to a hospital case or sudden travel plan? Do you want funds readily available to you whenever you desire or need? SBI provides a personal loan scheme, Saral Personal Loan, an urgent financing solution.
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.
If you are a Central or State Government or Defence pensioner drawing your pension through one of SBI branches and are not more than 76 years of age, you can avail of a loan from your branch to meet your personal expenses. SBI understands you may have an urgent or unexpected need for funds or a family obligation to be fulfilled and appreciate your association with the bank.
SBI Arthias Plus provides financing commission agents against their receivables from farmers.
Eligibility (under Agriculture segment): Commission agents enjoying good reputation and holding a valid license from the market yard/ board and are in the line of business for the past 3 years, having receivables from farmers only, functioning in rural and semi urban markets/mandis.
SBI Doctor Plus Bank Loan Scheme allows a hassle free financing solution for qualified medical practitioners in any discipline (a person possessing the qualification of MBBS, BAMS, BHMS, BDS, GAMS etc.). Although Doctor Plus loan scheme can be opted for all qualified medical practitioners, it is more suitable for freshers who has entrepreneurial attitude. Here we will find what are the features, eligibility, security, documents required and other things to be considered for availing Doctor Plus Bank Loan offered by State Bank of India.
Processing fee details of SBI Personal Finance products are given below. The complete and updated details are to be checked with SBI website.
SBI has a featured financial product enabling Cash Management System - SBI FAST (Funds Available in Shortest Time) - to its Corporate customers. Collecting and transferring funds to be in time for a seamless functioning of a corporate body. SBI FAST has all these advantages along with customized MIS.
What is the procedure for applying a Passport in India? How to renew it? If expired what are the extra measures to be taken for renewing it again? These are the common questions arose when one think about a Passport application. Let's have a look at each of them.
Over recent years, home loan has been witnessing fierce competition in pricing as well as product differentiation. Besides providing the most competitive rates of interest, SBI has introduced "SBI Maxgain", an innovative and feature rich facilities to the generic Home Loan Scheme and have brought about a fair amount of flexibility in key terms and conditions of the Scheme.
