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 Business Loan
State Bank of India provides term loan scheme "School Plus" for existing schools in order to repair / renovate / add new buildings or purchase of electronics equipment, computers and laboratory equipment, books, manuals, furniture and other utility fixtures.