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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).

Thinking how to maximize tax benefits! It's quite natural among salaried employees seeking ways to reduce taxes. Income Tax (IT) department allowed various tax exemptions and benefits for salaried employees classified under expenditure, savings, social activities, and individual economic growth. To claim all these tax benefits, employee should submit relevant details to her / his employer in a standard format - Form No. 12BB published by Central Board of Direct Taxes (CBDT).

Under SBI Small Business Finance, the SBI extends loans to transport operators in different forms. The bank offers working capital products as well as term loans for purchase of vehicles. The bank finances up to 10 vehicles irrespective of the loan amount. All transport operators whether individuals or associations of not more than six persons are eligible for SBI Small Business Finance - Transport Operators mode of finance.

Combine Harvester is a farming device which can reduce the crop loss compared to traditional methods and can tackle the peak time labour shortage. This device combines the activities of harvesting,  threshing, winnowing and collection of grains. Combine harvesters are becoming popular among farmers as the time required for harvesting, threshing and winnowing operations are very much reduced. It cuts the standing crop in the field, feeds the cut crop to the threshing unit, threshes the crop and cleans the grain, freeing it from the straw.

How do we protect from unwanted telephone calls made by business establishments for their commercial purpose? In our daily life, we often get telephone calls from friends, relative, colleagues or somebody else. We own a phone connection for it and we do the same when situation comes.

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.

Eligibility for Agriculture Loan For Financing Of Second Hand / Used Tractors

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.

SBI SME Transport Plus Loan for Transport Operators offers 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 has a good loan scheme, which is SME Credit Card Loan Scheme perhaps, the least publicised scheme in the credit card sector of SBI SME. It gives upto 10 lakhs under CGTMS and collateral free. This product is good for the units unable to provide elaborate financial data sought by banks for assessing credit needs.

SBI Tribal Plus Home Loan Scheme is a special Housing finance scheme for Hill / Tribal areas of North East India and areas around Chandigarh, Bhopal, Lucknow, Patna and Bhubaneswar. It provides lowest interest rates, lowest processing charges and no securities required.

Non-Resident Indian (NRI) is a person resident outside India who is a citizen of India with any one of the criteria applicable to:

1. For taking up employment outside India.
2. For carrying on outside India a business or vocation outside India.
3. For any purpose, in such circumstances as would indicate his intention to stay outside India for an uncertain period.

For income tax purpose, a non-resident is a person who has been living out of India for more than 182 days in the preceding financial year.

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 Financing Power Tillers to farmers or a group of not more than 3 farmers owning 2 acres of land. Farmers owning lesser acreage also become eligible for availing Power tiller loans provided Debt Service Coverage Ratio (DSCR) work out to 1.75 and above, Income from Custom hiring adequate, farmers adopting intensive cultivation practices.

The SBI SME Artisan Credit Card scheme For Skill Based Businesses 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. Preferences to be given to artisans registered with Development Commissioner (Handicraft). Product aims at clusters supported by Self Help Group (SHG).

You have skills, knowledge, ideas, experience and confidence to become an entrepreneur but needs financial assistance. If you make a project report then, approach a bank for financing the project, they simply ask what is the guarantee for repayment? They will ask you to provide collateral security as the secondary security to get back the fund you have been used in case failure in the business.

SBI Loan for Earnest Money Deposit addresses the financial requirements towards Earnest Money Deposit to book residential plots / built-up houses / flats being sold by Govt. Housing Agencies, Urban Development Authorities like PUDA, HUDA and Housing Boards.

In this article, we find who is Person of Indian Origin (PIO), and different perspective of what a PIO in India when a PIO start doing any financial dealings in terms of rights, special considerations, restrictions and opportunities. First of all we look into the definition of Person of Indian Origin or PIO.

Operations of deposit accounts varies types of customers mainly individual customers and business customers. Accounts of individuals comprise a majority of the deposit accounts in Personal segment of most banks. Any individual who is a major and of sound mind can open a - Savings account and / or Fixed deposit accounts.

SBI for SME targets Handloom sector by providing an exclusive Credit Card loan scheme to weavers and its ancillary workers involved in weaving activities. Main highlight of SBI Weavers Credit Card Scheme is Collateral-free loan facility covered under CGTMSE guarantee coverage. It can be utilized as working capital or purchase of tools and equipment required for carrying out weaving activity.

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.

Owing a home would be one of the biggest dream in most of the people. It also becomes one of the biggest investment, one will make in a life time. Decision to buy or own a home will make your life busy collecting valuable information that should help your decision wise, because you are going to have an asset for you and to your descendants. When you make a list, the most important factor will be finding the right financier to make your dream comes true. The SYNDNIVAS Housing Loan from Syndicate Bank offers very attractive, hassle free, easy to obtain finance options in the Home loan sector for both salaried and business class people.