sbi product & services

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Introduction to Computer & MIS

• Binu Balan Nair – 304 – Batch 2

State Bank of India

• The roots of the State Bank of India lie in the first decade of the 19th century

• Bank of Bengal, Bank of Bombay & Bank of Madras re-organised banking entity took as its name Imperial Bank of India.

• The Reserve Bank of India, which is India's central bank, acquired a controlling interest in the Imperial Bank of India. On 1 July 1955

• The imperial Bank of India became the State Bank of India

Product offered by SBI

• SBI-linking Farmers & Corporate in agriculture• Contract Farming• Value Chain Financing• Warehouse Receipt Financing• Group Financing

Corporate & Institutional Relationship

CORPORATE BANKING

• Corporate Accounts Group (CAG)• Project Finance• Lease Finance• Export Credit• Strategic Business Units• Deferred Payment Guarantees• Term Loans

Services offered by SBI

NEW PRODUCT INTRODUCED

• ZERO BALANCE SAVING A/C• MINOR BANK A/C• MINOR A/C LINKAGE TO RECURRING A/C• AGRIKART• FAMILY TREE A/C• PENSION A/C• MULTI CURRENCY A/C

• CORPORATE LOAN WITHOUT SECURITY ON PROFIT SHARING

• 0% FORECLOSURE CHARGES• RESOURCE RM FOR CORPORATES

Zero balance savings AC

– Minimum one year lock-in period– Will enable us to capture higher market share

Minor Bank AC

– Interest rates higher than normal savings AC– Education loan for the minor at lower interest rate

Minor account linkage to recurring AC

– Recurring AC for a minimum deposit of Rs 500/ month

– Linked to family members AC

Agrikart

– Post digitalization, bank to act as middlemen/financers between farmers and wholesalers/retailers

– Bank branches could be used as warehouses for agricultural products

Family Tree AC

– Savings AC for all members of the family, with a combined minimum balance of all accounts instead of individual minimum balance

– Home loan at reduced interest rate, EMI to be ECSed from all the accounts alternately

Pension AC

– Provide non dependency to customers even after retirement by giving pension amounts

– Pension amount decided based on the customers average balance maintained in account

Multi-currency AC

– Customers can hold their balance in any currency of their choice

– Bank tie-ups with corresponding country’s banks to enable multi-currency holdings

Corporate loans without security or profit sharing

– Corporate loans with higher interest rate, but without security

– Corporate loans with normal interest rates, without security, but a share in company’s profits

Zero percent charges on loan foreclosing and other banking services

– Zero percent loan foreclosing charges– No charges on mobile/net banking or ATM

services

Resource RM for corporates

• Raising funds through various sources apart from SBI Loan both national and international, keeping in mind the cost effectiveness.

• Managing funds and treasury operation.• Investing the funds in both long term as well as short term capital needs.

Health check-ups

– Bank tie-ups with hospitals to provide regular health check-ups for customers

– Checks ups at discounted rates

Tailor-made health insurance

– Tie-ups with insurance companies for bank customers’ insurance policies

– Health Insurance schemes as per customers’ choices

Thank you

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