State Bank of India

State Bank of India (SBI), with a 200 year history, is the largest commercial bank in India in terms of assets, deposits, profits, branches, customers and employees. The Government of India is the single largest shareholder of this Fortune 500 entity with 61.58% ownership. SBI is ranked 60th in the list of Top 1000 Banks in the world by "The Banker" in July 2012.

The origins of State Bank of India date back to 1806 when the Bank of Calcutta (later called the Bank of Bengal) was established. In 1921, the Bank of Bengal and two other banks (Bank of Madras and Bank of Bombay) were amalgamated to form the Imperial Bank of India. In 1955, the Reserve Bank of India acquired the controlling interests of the Imperial Bank of India and SBI was created by an act of Parliament to succeed the Imperial Bank of India.

The SBI group consists of SBI and five associate banks. The group has an extensive network, with over 20000 plus branches in India and another 173 offices in 34 countries across the world. As of 31st March 2012, the group had assets worth USD 359 billion, deposits of USD 278 billion and capital & reserves in excess of USD 20.88 billion. The group commands over 22% share of the domestic Indian banking market.

SBI's non- banking subsidiaries/joint ventures are market leaders in their respective areas and provide wide ranging services, which include life insurance, merchant banking, mutual funds, credit cards, factoring services, security trading and primary dealership, making the SBI Group a truly large financial supermarket and India's financial icon. SBI has arrangements with over 1500 various international / local banks to exchange financial messages through SWIFT in all business centres of the world to facilitate trade related banking business, reinforced by dedicated and highly skilled teams of professionals.

SME Loans By State Bank of India

SPECIALIZED PRODUCTS

Cash Management Product

The bank offers a totally technology-driven cash management product, based on the satellite-linked SBI FAST (for Funds Available in the Shortest Time) platform that connects 722 centers spread across the country. Your cash collections can be pooled at these centers at competitive rates.

SME Loans By State Bank of India

TRADE and SERVICES SECTOR

Transport Plus

Purpose

To finance new trucks/tankers/trailers/tippers/luxury buses and Car etc and WC finance against receivables.(Take over from other Banks/FIs not allowed).

Eligibility

Profit making Corporates/Non-corporates (surface transport operators) owning more than 10 well-maintained vehicles (including the proposed).

Type of Facility

(i) Term Loan and (ii) Cash Credit limit to finance receivables.

Quantum of finance

SME Loans By State Bank of India

INDUSTRIAL SECTOR

Working Capital Finance

SBI offers working capital finance to meet the entire range of short-term fund requirements that arise within a corporate's day-to-day operational cycle.

The SBI working capital loans can help your company in financing inventories, managing internal cash flows, supporting supply chains, funding production and marketing operations, providing cash support to business expansion and carrying current assets.

Loan Against Property By State Bank of India

RENT PLUS

Rent Plus scheme provides loans against assignment of future rentals to the residential or commercial property owners to meet their liquidity mis-match.

Eligibility For Loan Against Property By State Bank of India

Owners of residential buildings and commercial properties which are to be rented or already rented to MNCs / Banks / large & medium size Corporate.

Loan Amount

Lowest of :

Loan Against Property By State Bank of India

LOAN AGAINST MORTGAGE OF IMMOVABLE PROPERTY

Eligibility For Loan Against Property By State Bank of India

Employees / Professionals & self-employed and others who are IT assesses / Agriculturists and others engaged in allied activities having urban property in his own name or in the name of third party if he/she agrees to guarantee the loan.

Purpose:

General Purpose Loan ( not be used for speculation on real estate and capital market)

Age: Individual should not be more than 60 years of age.

Loan Against Securities By State Bank of India

LOANS AGAINST DEBENTURES

About

Leverage your investments in debentures, public sector bonds and Government securities for loans to meet unforeseen expenses!! You need not miss out on the next stock market boom!!

Avail of loans up to Rs.20.00 lacs against your debentures to enable you to meet contingencies, personal needs or even for subscribing to rights or new issue of shares.

Features

Eligibility