Cash Credit

SBI SME Credit Card Loan Scheme

SME Credit Card Loan

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 no collateral at all. This product is good for the units unable to provide elaborate financial data sought by banks for assessing credit needs.

SBI SME Add On Loan Schemes (Credit Plus and Standby Line of Credit)

SBI SME Add On Loan Schemes (Credit Plus and Standby Line of Credit)
SBI for SME provides two add-on loan schemes to their existing customers form SME Sector - SME Credit Plus and Standby Line of Credit for Working Capital. Credit Plus will be helpful to overcome temporary financial crisis by providing clean cash credit with the cap of Rs. 25 lakhs facility with no extra expenditure. The other Standby Line of Credit facilitate higher limit upto 5 crore with a small hike in interest rate.

SBI Traders Easy Loan Scheme (SBI TEL)

Bank Loan - 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 Krishi Kalyan or Farmers Easy Empowered Loan (FEEL)

SBI Agriculture Loan - Farmers Easy Empowered Loan (FEEL): KRISHI KALYAN

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.

SBI Agriculture Loan - Various Schemes On Credit Cards

SBI Agriculture Loan - Various Schemes On Credit Cards
SBI provides different type of loan to farmers who has good track record with SBI for their last two years. A general-purpose loan for productive and consumption purposes of farmers, Self help group credit card and general purpose credit card loan.

SBI Agricultural Gold Loan

Image of SBI Agricultural Gold Loan
SBI Agricultural Gold Loan to enable farmers to meet their short-term agricultural credit needs. This is one of the easiest and convenient loan for farmers when they are in emergency needs of fund. An existing account holder can avail this loan within an hour producing land tax receipt along with passbook and gold.

SBI Kisan Credit Card Bank Loan (SBI KCC) - A Helping Hand To Poor Indian Farmers

SBI Kisan Credit Card (SBI KCC) - A Helping Hand To Poor Indian Farmers
SBI Kisan Credit Card (SBI KCC) to provide timely and adequate credit to farmers to meet their production credit needs (cultivation expenses) besides, meeting contingency expenses. 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.

Cash Credit In Banking System

Cash Credit
Cash credit is a flexible system of lending under which the borrower has the option to withdraw the funds as and when required and to the extent of his needs. Under this arrangement the banker specifies a limit of loan for the customer (known as cash credit limit) up to which the customer is allowed to draw.