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SBI SME Collateral Free Loan Scheme

SBI Collateral Free Loan
SBI provides collateral free business loan. New and existing Micro and Small Enterprises engaged in Manufacturing and Service sector can avail this scheme. For Manufacturing sector, original investment in plant & machinery should be upto Rs 5 crore and for Service sector, original investment in equipment upto Rs 2 crore.

SBI Agricultural Finance for Agriculturists and Landless Agricultural Labourers

Bank Loan: SBI Agricultural Finance for Agriculturists and Landless Agricultural Labourers
State Bank of India Caters to the needs of agriculturists and landless agricultural labourers through a network of 8750 rural and semi-urban branches. Apart from the branches, there are 428 Agricultural Development Branches (ADBs) which also cater to agriculturists. SBI is the leader in agri finance in the country with a portfolio of Rs. 64,000 crs in agri advances covering around 80 lac accounts.

Bank Loan - SBI Student Education Loan Scheme

SBI Student Education Loan for students studies in India as well as Abroad
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.

SBI Small Business Finance - Bank Loan for Transport Operators

Bank Loan for Transport Operators
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.

SBI Broiler Plus Agriculture Bank Loan - Scheme for Broiler Farmers

SBI Broiler Plus Agriculture Bank Loan - Scheme for Broiler Farmers
SBI Agriculture loan "Broiler Plus (Scheme for financing Broiler Farmers under Contract farming)" extended to both existing farmers and new farmers having “Contract Broiler Farming” arrangements for enabling them to construct poultry shed and feed room and for purchase of equipment.

Computers and Our Life: How Have Computers Changed Our Life?

Computers and Our Life: How Have Computers Changed Our Life?
Computers and its uses grew rapidly and widely through out the world. They are used to deal with many tasks due to their various potential. It helps to resolve problems human life encounters in daily life. Therefore, they have more influence on our life. The impact of computer usage on our life obviously identified as Savings of Money, Time and Effort. To understand the depth of computer intervention in human life, have a look at developments happened in the areas of Communication, Education, Utility facilities and Health care.

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

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 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 SMILE Scheme For Startups (Interest Free Loan As Equity)

Business Startup with SBI for Professionals
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.

Differences Between Salary Certificate and Salary Letter

Salary Certificate Fill-in-Form Image
Salaried employees must know the differences between Salary certificate and Salary letter. In most cases, salary certificate or salary letter come into picture when an employee thinks about how to overcome current or forthcoming financial crisis - personal debt, purchasing a car, buying a house are the common occasions. When you contact a financial institutions like bank, they give you a list of documents required for processing loan application. Some institution wanted salary certificate while others wanted salary letter. What are the main objectives and differences of these two documents - salary certificate and salary letter?

Bank Deposit Accounts - Types (Demand, Term, And Flexi Deposits)

Bank Deposit Accounts - Types (Demand, Term, And Flexi Deposits)
Deposits of banks are broadly classified into three categories: Demand deposit, Term deposits and Flexi deposit or also known as Hybrid deposit. 1. Demand Deposits Account: Demand deposits are repayable on demand by the customers. Current account deposits, Savings bank deposits and Call deposits are the examples of demand deposits.

SBI Produce Marketing Loan (PML) For Farmers

SBI Produce Marketing Loan (PML) For Farmers
The objective of SBI Agriculture Produce Marketing Loan is to help farmers avoid distress sale of their produce. To offer the facility of loan against the stocks stored in farm houses, in addition to loan against warehouse receipts.

SBI NRI Car Loan Scheme - Details and Documents Required

Image of NRI Car Loan
A major misunderstanding noticed among overseas Indians who wish to avail a car loan can be had from the bank without involvement of any others. It is mandatory requirement for every NRI loan could be passed only if person has a close relative who will be the principal applicant. More clearly, the actual Borrower or applicant should be a resident Indian of the NRI Guarantor.

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

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 Dental Doctor Plus Bank Loan Scheme for Registered Dentists

SBI Dental Doctor Plus Bank Loan Scheme for Registered Dentists

Simplified and collateral free bank loan from SBI for registered Dentist who has BDS and above qualification. It can be availed by Individuals / Partnership firms / Ltd. Co / Trust. Promoters should have minimum BDS and should be registered practitioners.

Documents Required For "Take Over Loan" From Other Banks

SBI Take-over loan
Loan customers may think possibility of transferring loan to more customer friendly bank, sometimes, reasoning better interest rate, relaxation of fine imposing etc. When they think about taking a loan, there may not have studied various bank's terms, conditions, policies. After starting repayment of some instalments, they would have learned about their bank's merits and demerits.

SBI FAST (Funds Available in Shortest Time) Cash Management

SBI FAST (Funds Available in Shortest Time)

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.

State Bank Of India (SBI) Corporate Internet Banking (CINB) For Current Account Holders

SBI CINB Online Banking products
Internet Banking facilitates customers performing anywhere banking round the clock. When it comes to corporate customers (non-individual customers) necessitates distinguished features depending on type of corporate entities. The SBI, the largest bank in India provides its featured Corporate Internet Banking (CINB) services suitable to each level and type of corporate customers also known as Current Account Holders. If you already a CINB customer or wish to become a customer, following points must be known for the hassle free, optimized usage of the services.

The Concept and Basic Functions of Branch Banking

The Concept and Basic Functions of Branch Banking

Bank Branch is considered as one of the most important channel of the bank and is generally the most preferred channel from the customer's point of view. The bank branch is referred to as the face of the bank since the customer can visit personally and meet and interact with the bank branch officials and avail the various services offered by the bank.

Rice Mill Plus Bank Loan Scheme For Food Processing Units

Ricemill
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.

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