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SBI e-Smart SME e-Commerce Loans

SBI for SME provides financial assistance to authorized Sellers of Snapdeal or Flipkart engaged in selling products through online portal of Snapdeal or Flipkart. Sellers have to be registered with the online portal for a minimum of 6 months tenure can avail this smart loan. It is available under MUDRA Scheme.

Urgent or Emergency Pensioner Loan - SBI Pension Loan

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.

Bank of India (BOI) Home Loan - Types, Features, and Documents Required

Bank Of India (BOI) provides variants of Home Loan Products that best fit to different classes of its customers for purchasing a Plot for construction of a House, to purchase / construct house / flat, as well as for renovation / repair / alteration / addition to house / flat. The maximum loan amount, the BOI provides is Rs. 5 crores and repayment ranges up to 30 years, with reasonable margin and nominal processing charges. No commitment or administrative charges incurred from the customer.

Beware Of Fake Banking Offers And Hoax Calls On Behalf Of Banks

Criminals may impersonate Organizations such as government agencies, charitable trusts, relief funds, foundations etc. connected to Covid-19 and other relief services. These criminals pose as officials or representatives from Govt. revenue authorities, representatives of Disease Control & Prevention authorities, healthcare workers or healthcare groups / institutions and may send communications as appearing to come from such authorities or from other legitimate sources (asking for / soliciting payments, donations / charity or relief in the name of Covid-19 Relief / Care Funds or Foundations).

SBI FAST (Funds Available in Shortest Time) Cash Management

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.

Private Sector Commercial Banks in India

Private Sector Commercial Banking is a category of banking that aims to provide privileged services to its customers. Private Sector Commercial Banks are financial institutions that primarily owned and operated by high-net-worth private individuals and business organizations. On the other hand, Public Sector Banks are owned and operated by a government entity.

Online Application Procedure For Indian Passport

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.

Banking Loan Tips - The Importance of Credit Report

It's more important than ever to check your credit report before applying for a mortgage, loan, credit card - lenders check your credit report before deciding whether to give you credit, and what interest rate to offer you.

SBI Instant Money Transfer (SBI IMT) On ATM

SBI has recently launched hassle free payment transfer system called "IMT" (Instant Money Transfer) using ATM and beneficiary's mobile number. SBI account holder can transfer fund upto Rs, 10,000/- to anyone residing in India having a valid Indian mobile number. This unique service - IMT - allows instant money transfer avoiding third party's service and commissions. The beneficiary can receive money through an SBI's IMT enabled ATM without using a card.

Financial Rights, Restrictions, and Prohibitions Of An Overseas Citizen of India (OCI)

Many nations permit their citizens to have more than one citizenship enhancing their socioeconomic integration. If you look at the Bible, St. Paul has dual citizenship, one from Tarsus and another from Rome (Acts 22:24-29). Owning second citizenship or multiple citizenship is a step towards more freedom that can give you more control and independence. But, the Indian Constitution does not allow dual or more citizenship to any person of any country.

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 Personal Car Loan Features (New, Used, Certified Pre-Owned and Reimbersement)

SBI provides, different car loan schemes in the personal banking sector which attracts many common features. They are listed here with individual details. All are considered to be Term loans for purchase of New / Used / Certified Pre-owned passenger cars, Multi Utility Vehicles (MUVs) and SUVs. Used and Certified Pre-Owned car, MUV, SUV upto 5 years old.

Advantages of Home Loan: Saving Taxes

It is an ambition to everyone having own house. Some people utilizes their savings while others get loan from banks to achieve this. If you are a salaried employee, it's always advisable to get a home loan from a reputable bank preferably from nationalized bank. Why people mostly depend on bank loans to build a house? Reduction on income tax is one of the main advantages of constructing house by taking home loan. If both husband and wife are salaried individuals, they will inquire about the chances to incorporate the spouse as co-applicant.

Customer Document Check List for SBI Bank Loans

Every financial dealings involve risk and there is no exemption in lending money to public. Bank calculates their risk factor in each and every loan products hence making ways to subdue  collecting authenticated documents from its loan customers. Here we can find what are the documents usually banks ask to a loan customer. Please note that the list is only indicative and not exhaustive, and depending upon the local requirements at different places addition could be made as per necessity.

Useful Tips and Tricks

In this section, Lopol publishes useful tips, tricks, guides, how to articles mainly based on day to day affairs and related issues. It mostly selected from engineering, technology, banking, finance, internet safety, computer safety, technology tips and guides.

SBI Krishi Kalyan or Farmers Easy Empowered Loan (FEEL)

Objective of Farmers Easy Empowered Loan (FEEL) or "KRISHI KALYAN" is to provide timely and adequate credit to farmers to meet production and consumption expenses. To reduce the multiple process of separate application, documentation & EM creation for availment of KCC and PML, thereby reduce the time for delivery of credit.