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SBI Traders Easy Loan Scheme (SBI TEL)

SBI launched this scheme to provide hassle free loan to Traders. Any business man/ entrepreneur/ Professional and self employed person can avail this loan. Loan under the scheme can be availed to meet normal business requirements and is sanctioned against equitable mortgage of property. Any residential or commercial property in the name of unit/ proprietor/partner OR their close relatives is acceptable. Agriculture property or property outside urban limits is not accepted.

SBI SMILE Scheme For Startups (Interest Free Loan As Equity)

The scheme envisages grant of interest free loan as equity assistance to­wards part of margin requirements of the project, to assist eligible profes­sional and technically qualified entrepreneurs setting up new Micro and Small enterprises and units covered under the Bank’s Project uptech for technology upgradation.

Consumer Rights In India

Every person living on earth is a consumer. Some items or services you have to buy before its consumption or utilization wherein other items you consume without buying directly. And in some cases you either consume or utilize before you pay. In its vast meaning, word 'consumer' holds rich and strange meaning depends on its arena.

The Impact of PM MUDRA Yojana Or PM MUDRA Scheme In Indian Financial Sector

MUDRA is the acronym for Micro Units Development and Refinance Agency. The expanded form of MUDRA itself enough to define what is MUDRA ie., MUDRA aims and functioning to develop and refinance Micro entrepreneur units in India. More precisely, beneficiaries of MUDRA are to be one of Manufacturing (Non-farm enterprises), Trading, and Services. This agency, MUDRA is heavily supported by India Govt., and its liberalized financial services routed through or implemented by various Commercial Banks, Regional Rural Banks (RRB), Small Finance Banks, Micro Finance Institutions (MFI) and Non Banking Financial Company (NBFC) functioning across the country.

Credit Score and Importance of Maintaining a High CIBIL Score

Your credit is your responsibility for keeping a high CBIL Score. Ensure you continue to pay your EMI on time to maintain a high CIBIL Score. Your CIBIL Score, ranging from 300 to 900, is evidence of your credit worthiness and increases your chances to get a higher loan amount at a better interest rate in the future.

SBI Shoppe and Shoppe Plus for Shop Owners

SBI Shoppe, 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. Maximum Term loan available is Rs 20 lakhs repayable in 3-7 years.

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.

SBI SME Open Term Loan

SBI SME Open Term Loan, the easy and hassle-free way to get finance for expansion or modernization of existing business, acquiring new technical know-how including international standards like ISO, participating international exhibitions conducted in abroad are the main utilization of Open Term Loan. SME Open Term Loan to be one of the must have loan facility for each and every existing SME Borrowers.

SBI SME Term Loan (General Purpose, Open and Corporate)

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. 50 lakhs, Open term Loan upto Rs. 2.5 Crore and Corporate term Loan upto Rs. 10 Crore or no cap for Corporates.

Application Forms, Formats, Templates and Samples

Have you ever wonder or encountered a question about the terms Application Form, Application Format and Application Template? What are those terms really meant? Have you ever made thought about the differences and functions of these terms related to: Application Form, Application Format and Application Template? In some odd occasions you may encounter Affidavit or Declaration or Certificate or Proforma or Undertaking or Bond. We will try to find our best to explain all these into simplest way possible.

Syndicate Bank Offers SyndSolar Loan for Solar PV Panel Installation on House Roof Top

Electrical energy is the most versatile and reliable form of energy we have in our day today life. Our life demands more facilities, utilizing cheaper, pollution-free electrical energy, ie., green energy for lighting, refrigeration, cooking, hygiene, atmospheric comfort, appliances and electronic gadgets. The quality of our life directly related to accessibility and consumption of electricity.

Bank Loan - SBI Student Education Loan Scheme

SBI Education Loan Scheme, a term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured. Maximum amount of the loan limited to 10 lakhs for students studies in India and 20 lakhs for students studies in abroad. There will not be any security if the loan amount does not exceed 4 lakhs and girl student will get 0.50% relaxation on interest rate. Repayment should be commenced one year after completion of course or 6 months after securing a job, whichever is earlier and to be completed within 5 to 7 years maximum.

SBI Digital Products

As part of modernization, SBI now has added another 7 digital products to their customers: SBI Digital Village, SBI Mingle, State Bank Buddy, State Bank Scribe, SBI Digi Voucher, SBI Video Statement and SBI Smart watch. With these additions, SBI becomes the "leader of digital products", they claimed. All these SBI Digital products are available for both rural and urban customers in India.

SBI Home Loan: Necessary Documents Required To Be Submitted By Housing Loan Applicant

As we all know, one of the main function of Commercial Bank is giving loans and advances to their customers, in which a major share goes as Home Loan product that comes under Personal Banking. Home Loan is considered as a secured, low risk loan to all banks because it compulsorily requires collateral or immovable assets as a security to loan amount. Here is the comprehensive list of documentation for Home Loan takers. Check this Home Loan Document List and keep this listed documents ready with you prior obtaining your loan. This Home Loan Document List is applicable not only to SBI but all other banks seeks more or less same documentation.

SBI SME Loan For Traders: Traders Easy Loan and Flexi Loan

Term Loans to well established whole sale and Retail Traders, distributors, stockists, construction, transport & supply contractors, hospitals, nursing homes, clinical labs, resorts, travel agents etc for any general purpose such as holding of stocks, book debts, acquisition of land and building, renovation of office/showroom, purchase of vehicles, equipment etc.

Indian Financial System Code (IFSC) For Banks in India

A healthy economy requires a financial system that moves funds from people who save to people who have productive investment opportunities. But how does the financial system make sure that your hard-earned savings get channeled to the productive investor rather than to non-productive investor? It needs well defined financial system controlled by Govt. or its agency. In India, its by Reserve Bank of India (RBI) which has authority to control any financial business entity run in India. Through a simple code (IFSC), every banking transaction under RTGS, NEFT, IMPS, and CFMS can be monitored by RBI without any hindrances.

SBI Shaurya Home Loan For Defense Personnel - Army, Navy and Air Force

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).

SBI Personal Property Loan Scheme for All Purpose

SBI Property Loan - a dream comes true! This is an all purpose loan for anything that life throws up at you!! Do you need funds for a Marriage ceremony, want to take your family to a well-deserved holiday or for a sudden medical emergency? you have some property, but would rather not sell it? Then why don't you avail of this all purpose loan from SBI? SBI now makes it very much possible for you to only keep your property but also have liquid funds.