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मार्गदर्गक MARGDARSHAK

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2 SBLC CHITTOOR ROAD, ERNAKULAM (for internal circulation; updated as on 30/11/2017)

FOREWORD

A defining hallmark of our Bank has been the sheer diversity of our product offerings, be it in

deposits, advances, technology, investment or financial inclusion. While the multiplicity of products

certainly gives us a competitive advantage, it presents a challenge to the staff. They have to know the

various product features in detail and should be updated on the ever happening changes. Lack of

knowledge of products, if displayed to the public in response to their enquiries shall reflect very

poorly on the Bank. This assumes greater significance in the context of the recent merger of

Associate Banks and Bharathiya Mahila Bank, whose products were at variance with the SBI

products.

Against this background, I am very delighted to see ‘Margdarshak’ brought out by SBI Local Head

Office, Thiruvananthapuram. This book serves a deeply felt need of staff. Basic features of all

important products are available at a glance.

I am sure this booklet will help in equipping our staff with necessary knowledge of all the important

products. This can be a handbook for the marketing teams and front line staff of our branches. It is

my desire that this shall be a tool in the hands our entire team and would lead to generation of

greater business for the Bank.

I would like to place on record my appreciation for the efforts put in by Thiruvananthapuram Circle in

bringing out this booklet.

01.12.2017 Shri.Parveen Kumar Gupta

Managing Director (Retail & Digital Banking) Corporate Centre, Mumbai


INDEX

SNo.

CONTENTS

Page No.

Real Estate and Housing Business Unit 1 SBI HOME LOAN 5

2 NRI HOME LOANS 7

3 SBI - MAXGAIN 8

4 SBI FLEXI PAY HOME LOAN SCHEME 9

5 SBI HOME TOP UP LOAN 10

6 SBI REALTY 12

7 INSTA HOME TOP UP LOAN 14

8 SBI CORPORATE HOME LOANS 16

Personal Banking Business Unit 9 SBI GLOBAL ED-VANTAGE (OVERSEAS EDUCATION LOAN) 18

10 SBI SCHOLAR LOAN SCHEME 19

11 SBI STUDENT LOAN SCHEME 21

12 SBI PERSONAL GOLD LOAN 23

13 SBI PERSONAL LIQUID GOLD LOAN 23

14 SBI GOLD LOAN - BULLET REPAYMENT 23

15 SBI AUTO LOAN 24

16 SBI ASSURED CAR LOAN 24

17 SBI LOYALTY CAR LOAN 24

18 SBI COMBO LOAN 25

19 SBI CERTIFIED PRE - OWNED CAR LOAN 25

20 SBI XPRESS CREDIT 28

21 SBI XPRESS CREDIT – IT EMPLOYEES 30

22 XPRESS CREDIT – ELITE 30

23 SBI PENSION LOAN 31

24 JAI JAWAN PENSION LOAN 31

25 PENSION LOAN TO CMPF PENSIONERS 31

26 LOAN AGAINST SHARES 33

27 NRI FAMILY CARD 34

28 SBI HOLIDAY SAVING ACCOUNT 35

29 SALARY PACKAGES OF SBI 38

SME Business Unit 30 SME CURRENT ACCOUNT: NORMAL 46

31 SME CURRENT ACCOUNT: SAHAJ 46

32 SME CURRENT ACCOUNT: POWER POS 46

33 SME CURRENT ACCOUNT: POWER PACK 48

34 SME CURRENT ACCOUNT: POWER GAIN 48

35 ASSET BACKED LOAN (ABL) 49

36 ELECTRONIC DEALER FINANCE 51

Agriculture Business Unit 37 MODIFIED NEW TRACTOR LOAN SCHEME 55

38 STREE SHAKTI TRACTOR LOAN SCHEME 56

39 TATKALTRACTOR LOAN 57

40 SBI ASSET BACKED AGRI LOAN 58


41 REVISED KISAN CREDIT CARD SCHEME (KCC) 59

42 FINANCING UNDER PADDY RECEIPT SHEET-SUPPLYCO 62

42 Atal Pension Yojana(APY) 65

43 Sukanya Samridhi Yojana 66

44 Digital Banking Products 67

Cross Selling Products 45 Arogya Plus Policy 75

46 Arogya Premier Policy 77

47 Arogya Top up Policy 79

48 SBI Life- Smart Money Back Gold 82

49 SBI Life- Smart Guaranteed Saving Plan 82

50 SBI Life- Smart Elite 83

51 SBI Life –Smart Wealth Builder 84

Non Performing Assets

52 NPA overview 85

53 SARFAESI 91

54 Revenue Recovery 95

55 Write off 95

56 Compromise Settlement 96

57 DRT 98

58 Rinn Samadhaan 103


SBI HOME LOAN’

Purpose Purchase a plot of land for purpose of construction of house.

Purchase /construct a new house /flat.

Purchase an existing (old) house /flat or extend an existing house.

Repair or renovate an existing house /flat.

Takeover of Home Loans from other Banks /HFCs /FIs.

Furnishing/ interiors as part of the project cost.

Reimbursement of investment made from own resources during the

preceding twelve months for purchase of property/ construction/

Repairs/ extension of house.

Eligibility Individual(s) over 18 years of age with steady source of income, including persons engaged in agriculture & allied activities In case the property holder is not having independent source of income, the income earning near relative may join as co-borrower/ guarantor for the loan and his or her income can be taken for arriving at loan eligibility

No of co -borrowers Restricted to maximum 3 including spouse / children / parents / siblings. However, AGM (Region)/AGM (Branch) can relax maximum number of Co-borrowers provided the repayment is made through an account with Bank in the joint names of all the borrowers.

Age 18 years to 70 years. Maximum age limit for a Home Loan borrower is fixed at 70 years, i.e. the age by which the loan should be fully repaid

Security Ordinarily an equitable mortgage by deposit of title deeds of the immovable property. Provision of accepting liquid securities in lieu of mortgage of residential unit

Repayment Upto 30* years subject to liquidation of the Home Loan before the borrower reaches the age of 70 years

EMI/NMI Ratio Net Annual Income EMI/NMI Ratio

<= Rs. 1.20 lac 20%

>Rs. 1.20 lac &<= Rs. 3 lacs 30%

>Rs. 3 lacs&<= Rs. 5 lacs 55%



>Rs. 10 lacs 70%

Loan Amount Maximum loan amount will be lowest of loan amount assessed on the basis of a) Permissible EMI/NMI ratio b) Maximum permissible LTV ratio c) Loan amount applied for Adding cost of furnishings/interior to the cost of house/flat: 10% of the cost of the house/flat or Rs. 25 lacs, whichever is lower Maximum Loan for repairs / renovations: The maximum loan amount should not normally exceed Rs 10 lacs

LTV Ratio Home Loan Amount LTV Ratio

Upto Rs. 30 lacs 90%

Above Rs.30 lacs and Upto Rs. 75 lacs

80%

Above Rs. 75 lacs 75%


Rate of Interest For latest interest rates refer Circular No.: NBG/RE,H&HD-HL/38/2017 – 18 dated 7th November,2017 (Sl.No.: 926/2017 – 18)

CERSAI Registration Charges

Loan Amount Registration Charges (per loan account)

Upto Rs. 5 lacs Rs. 50/- plus applicable GST

Above Rs. 5lacs Rs. 100/- plus applicable GST

A separate BGL account number 3199841(followed by five digit Branch Code and a check digit) has since been rolled out in CBS for crediting CERSAI charges recovered from the Home Loan borrowers

Pre-closure penalty No pre-payment and or pre-closure penalty will be levied on Home Loans irrespective of the period, except HL under Hamara Ghar product in which prepayment penalty of 2% plus GST will be levied on the loans foreclosed/prepaid amount during the initial period of 2 years.

Ref: Circular No. : NBG/RE,H&HD-HL/7/2017 – 18 dated , May 8 2017.

Sl. No. : 167/2017 - 18


NRI HOME LOANS

Purpose As per Home Loan Scheme

Eligibility Individual (s) over 21 years of age with a steady source of income who

are Non Resident Indians (NRIs) holding a valid Indian passport

are persons of Indian Origin (PIOs) holding a foreign passport NRIs eligible for Home Loans under the Scheme may include (i) NRIs, with total work experience of 2 years in India or abroad, who have taken up jobs/professions/other economic activity abroad for better prospects (ii) NRIs with a job contract for a minimum period of 2 years abroad after completion of 6 months in the employment [AGM (Region)/AGM Branch may permit deviation in the Minimum tenure abroad] and presently holding a valid job contract /work permit. (iii) Indian citizens working abroad on assignments with foreign Governments/government agencies or International/Regional Agencies like the UNO, IMF, World Bank, working with Merchant Navy etc., Officials of the Central and State Governments and Public Sector Undertakings deputed abroad on temporary assignments or posted to their offices (including Indian Diplomatic Missions)abroad.

Loan Amount Minimum:- Rs. 3.00 lacs Maximum: No upper limit (as per Home Loan)


LTV Ratio For Salaried Customers For Non-Salaried Customers

Loan Amount LTV Ratio Loan Amount LTV Ratio

Upto Rs.75 lacs 80% Upto Rs.75 lacs 75%

Above Rs.75 lacs 75% Above Rs.75 lacs 70%

Facility Term Loan and Maxgain (As per Home Loan Scheme)

Repayment The repayment by way of Equated Monthly Instalments (EMI) will be determined on the basis of the current rate of interest. Repayment of the loan is required to be made by the borrower within a maximum period of 30 years subject to the stipulation that the loan should be liquidated by the age of 60 years or by the age of retirement, whichever occurs earlier. The AGM (Region)/(Branch) may permit the repayment of loan upto the age of 70 years provided the approving authority is satisfied about the continuity of the income. Reserve Bank of India, vide their A.P.(DIR Series) Circular No.93 dated the 25th May 2004 allowed close relatives (as defined under Section 6 of the Companies Act, 1956) of the borrower in India to repay the installment of such loans, interest and other charges, if any, through their bank account directly to the borrower‟s NRI Home Loan account with the Authorised Dealer (i.e. the Bank).


SBI – MAXGAIN (Home Loan as Overdraft)

Purpose As applicable to Home Loans.

Eligibility As applicable to Home Loans. Additional eligibility criteria Facility available for new Home Loans of Rs.20 lacs and above from applicants who are: (i) Existing customers with minimum balance of Rs.5000/- in their SB / CA. Stipulation of minimum balance not applicable to customers whose salaries are regularly credited to this account and repayments are proposed to be made from this account. (ii) Prospective customers who open SB / CA with an initial minimum deposit of Rs.5000/-. Stipulation of initial minimum deposit not applicable if salary of the applicant is proposed to be credited to this SB/CA.

Facility Overdraft While customers will have to remit the Equated Monthly Instalments (EMIs) as in the case of usual Home Loans, the Drawing Power on the Overdraft will be reduced on monthly basis to the extent of the principal component of the EMI so that the Overdraft is liquidated at the end of the loan tenure. (Interest component of the EMI remitted will service the interest obligations).

Quantum of loan Minimum: Rs. 20 lacs Maximum: No upper limit

Security As applicable to Home Loans

LTV As applicable to Home Loans

EMI/NMI As applicable to Home Loans


Repayment As applicable to Home Loans

Disbursal & Drawing power

DP fixed in the a/c to correspond to borrower‟s eligibility depending on the progress of work completed less stipulated margin. Outstandings should not exceed DP. In Maxgain accounts, Drawing Power (DP) is reduced by principal component of EMI every month. This reduced DP appears in the „Limit‟ field.

Post disbursal [Cheque book and INB facility]

After full disbursement of the loan, borrowers will be permitted to deposit surplus funds over and above the stipulated EMIs and to withdraw the surplus amounts deposited in the account subject to availability of DP. The customer is also eligible for issuance of cheque book and Internet Banking facility for operation in the loan account. However, ATM cum Debit card will not be issued in Maxgain account. No over drawings are to be permitted in the a/c in excess of the Drawing Power


SBI FLEXI PAY HOME LOAN SCHEME Purpose As applicable to Normal Home Loan.

Eligibility All salaried applicants with minimum 2 year experience

Age of the applicants Minimum Age: 21 years & Maximum Age: 45 years In case of multiple borrowers, all the borrowers whose income has been considered for arriving at the loan eligibility should fall within the stipulated age bracket.

Facility Term Loan (No Overdraft facility).

Minimum Net Monthly Income (NMI)

No minimum NMI limit.

Quantum of loan Minimum : Rs. 20 Lacs Maximum : 1.2 times the loan quantum calculated as per the normal EMI/NMI Ratio method, subject to stipulated LTV norms.

Eligible Income for arriving at maximum permissible loan amount

The extant instructions applicable in Home Loan in respect of eligible income will continue to be followed under „SBI FlexiPay Home Loan‟ Scheme. However, the expected rent accruals from the proposed/existing house/flat (net of taxes, cess etc.),subject to maximum amount equivalent to the applicant‟s Net Monthly Income (NMI), will be permitted to be included in the net income of the applicants for arriving at loan eligibility provided the applicants already own one or more residential units

LTV Ratio As applicable to Normal Housing Loan

EMI/NMI Ratio EMI for the purpose of calculation of EMI/NMI ratio for arriving at the loan quantum will be worked out based on the number of EMIs for full loan tenor i.e.360 EMIs in case of 30 year loan, 300 EMIs in case of 25 year loan and so on.

Start-up/Moratorium Period

For ready to move in properties: upto 36 Months. For under construction properties: upto 36 months plus remaining construction period (i.e. from the date of sanction to the expected date of completion),subject to a maximum moratorium period of 60 months. However, interest must be serviced during the selected start-up/moratorium period.

Loan Term/Repayment Minimum: 25 years & Maximum: 30 years. However, borrowers will have the freedom to make pre-payments.

Period Monthly Repayment

During moratorium period

Only interest debited in the account is to be repaid

Next 36 Months 100% of EMI*

Next 36 Months 105% of EMI*

Balance term Terminal EMI - EMI which fully amortizes the remaining dues/outstanding in the Home Loan account within the balance term

*EMI arrived at after considering full loan tenor (Ex. 360 months for 30 year loan, 300 months for 25 year loan and so on).


SBI HOME TOP UP LOAN

Purpose Any personal purpose such as meeting expenditure on education, marriage,health care, repair/renovation/furnishing of the house, etc. other than speculative purpose. A certificate to this effect will be obtained from the customer in the application itself and no documentary evidence for end use of the fund will be insisted upon.

Eligibility Following two categories of Home Loan customers/borrowers will be eligible for availing Home Top Up Loan: Category 1: All new Home Loan customers, acquiring Ready to move in Properties, simultaneously along with new Home Loans and all existing Home Loan customers having less than 12 months satisfactory repayment track record provided, a. Home Loan limit is more than Rs. 30 lacs, b. Where the Market Value of the property as per the Valuation Report obtained at the time of sanction of Home Loan is minimum 10% more than the „Value ‟mentioned in „Agreement to Sale‟ or „Sale Agreement‟. c. Possession of the property has either already been taken and mortgage on the property has been created or possession of the property and mortgage in favour of the Bank is expected to be completed before disbursement of Top-up Loan. Category 2: All existing Home Loan customers with a satisfactory repayment record of at least one year provided possession of the house has been taken by the customer and valid mortgage has been created in favour of the Bank.

Loan Amount

For Category-1 customers: Home Top-up Loan amount will be restricted to the specified percentage to the underlying Home Loan amount, as mentioned hereunder, subject to minimum Top-up Loan amount of Rs. 2 lacs and maximum of Rs. 50 lacs:

Home Loan Limit Maximum Top Up Loan

Upto Rs. 75 lacs 10% of Home Loan Limit

Above Rs. 75 lacs 15% of Home Loan Limit

For Category-2 customers: Minimum Rs. 2 lacs& maximum Rs. 5 crores.

Permissible loan amount

The permissible loan amount (i.e. outstanding in existing loans plus proposed Top-up Loan) will be assessed at applicable LTV ratio, as mentioned below, based on the market value of the underlying property.

Loan Amount Upto Rs75 lacs Above Rs75 lacs

LTV Ratio 80% 75%

The LTV ratio will be calculated on the basis of current market value of the underlying property assessed by empanelled valuer. The extant instructions for obtaining two valuation reports from two different empanelled valuer for loan above Rs. 1 crore (i.e. outstanding in existing loans plus proposed Top-up loan) and also for loans below Rs.1 crore where the Market Value based on Valuation Report is more than 20% of the guidance value will remain applicable.

Misc. Eligibility Norms

The applicant/co-applicants, who are the owners/co-owners of the property will mandatorily join the proposed Top-up loan. However, co-borrowers/guarantors in the underlying Home Loan, who are not the co-owners of the property, may opt for not joining the proposed Top-up loan. Similarly, Home Loan borrowers may also add close family members such as Spouse, children, Parents and siblings as co-borrower/guarantor for taking Top-up Loan, even if they are not part of the existing Home Loan. Income of such family members may be considered for arriving at EMI/NMI ratio.


EMI/NMI Ratio

Based on Net Annual Income of applicant as given below:

Net Annual Income (NAI) Permissible EMI/NMI Ratio

>Rs. 3.00 lac <= Rs. 5.00 lac 55%

>Rs. 5.00 lac <= Rs. 10.00 lac 60%

>Rs. 10.00 lac 70%

(i) There shall be no discretion vested with the Circle Authorities for approval of relaxation in the EMI/NMI Ratio. (ii) Applicants having net annual income of less than Rs.3.00 lacs would not be eligible for loan under the Home Top Up Loan Scheme.

Nature of facility

i) Top-up Loans upto Rs. 20 lacs: only Term Loan facility (No overdraft facility). (ii) Top-up Loans above Rs. 20 lacs and upto Rs. 2 crores: both Term Loan and Overdraft with reducing drawing power. (iii) Top-up Loan above Rs. 2 crores and upto Rs. 5 crores: only Term Loan facility (No overdraft facility)

No. of loans

At any point of time not more than two loans will be allowed to exist under the proposed scheme. Second loan may be considered only after a gap of one year from the date of disbursement of first loan.

Tenor The maximum permissible tenor of the loan will be the residual tenure of underlying Home Loan or 15 years, whichever is higher, subject to liquidation of the loan before the borrower attains the age of 70 years. However, the borrowers can opt for a lower tenor.

Repayment The term loan will be repayable by way of EMIs commencing after one month from the month of disbursement. The overdraft facility will be permitted to operate on a reducing drawing power arrangement on the EMI basis. The drawing power in the overdraft will be reduced to the extent of the principal component of the EMIs so that the outstanding in the account is liquidated at the end of stipulated tenure. Customers will have an option to withdraw surplus amount credited in the account over and above the stipulated EMIs.

Pre-payment

Loans under the scheme may be pre-paid at any time without payment of any pre-payment penalty.

Security (i) Top-up Loan upto Rs. 5 lacs: (a) Extension of the mortgage on the residential property already mortgaged with the Bank will not be mandatory. However, loan period in such cases hould be co-terminus with Home Loan. The loan eligibility will continue to be arrived at on the basis of latest income proof and also fresh valuation report of the property. However, fresh TIR/Search Report for the intervening period of the mortgaged property will not be insisted. (b) However, where the customer wants the loan tenor of Home Top-up Loan beyond the maturity period of underlying Home Loan, such loan should be secured by way of extension of mortgage charge over House Property. (ii) Top-up Loan above Rs.5 lacs: Extension of mortgage on the residential property already mortgaged with the Bank will be mandatory in all cases. The extant instructions of obtaining latest income proof, valuation and Search Report for the intervening period of the mortgaged property, extension of the mortgaged on the property, etc. will remain applicable.

Interest Rate

Only floating interest rate linked to 1 year MCLR For latest interest rates refer Circular No.: NBG/RE,H&HD-HL/38/2017 – 18 dated 7th November,2017 (Sl.No.: 926/2017 – 18)


SBI REALTY (HOME LOANS FOR PURCHASE OF PLOT OF LAND FOR THE PURPOSE OF

CONSTRUCTION OF A DWELLING UNIT)

Purpose Purchase of a residential plot located within the municipal/corporation area of Urban/Metro Centres with population of 1lac and above as per the latest available census data for the purpose of construction of a house. Purchase of Plots located outside municipal/corporation area will be permitted only in cases where the plots are allotted/developed by Government Bodies/ Development Authorities such as DDA, HUDA, BDA, LDA, etc.

Facility Term Loan

Eligibility As per Home Loans scheme

Quantum of loan

Minimum: Rs 5 lacs Maximum: Rs. 15 crore Prior Administrative Clearance for loans above Rs. 50 lacs under SBI Realty will not be required. Total project cost will include the development cost charged by the Developer towards preparation of layout and to provide common amenities like roads, water supply, drainage, electricity, parks, recreation facilities etc., on the basis of agreement executed by the Promoter/Developer with the buyer and subject to Bank‟s approved valuer certifying the valuation thereof. However, the project cost will not include stamp duty, registration charges and other documentation charges.

Maximum time Period stipulated for constructions of house

5 years from the date of first disbursement of the Loan. Borrower will be required to submit completion certificate of the house within the stipulated period of 5 years. An undertaking to this effect will be obtained.

Repayment/Tenor of loan

Maximum of 120 months. No moratorium period will be permitted in any case. EMIs will commence from the next month from the month of disbursement.

EMI/NMI norms

Net Annual Income EMI/NMI Ratio




>Rs. 10 lacs 60%

Income of spouse/sons/daughters/parents/siblings and regular income from all sources will continue to be clubbed as per norms applicable in the regular Home Loans.

LTV Ratio Loan Limit Maximum LTV Ratio

Upto Rs. 75 lacs 70%

Above Rs. 75 lacs 60%

Security (i) Equitable mortgage of the plot of land proposed to be purchased. (ii)Interim guarantee of an individual good for the loan amount (to cover the period from the date of sanction and date of creation of equitable mortgage).

Takeover of Realty Loan from other Banks/HFCs

Not Permitted However, sanction of Home Loans for simultaneously taking over of Realty Loan from other Banks/HFCs and also for construction of a house on that property is permitted.


Interest Rate (a) For First Five Years: (i) Salaried customers: A premium of 10 bps over and above the applicable Home Loan Card Rate (ii)Businessmen & Professionals: A premium of 30 bps over and above the applicable Home Loan Card Rate (b) Interest rate beyond 5 years: In case the construction of house is not completed and a completion certificate is not submitted by borrowers within the stipulated period of 5 years from the date of first disbursement, interest rate in the account will be automatically reset at the rate of 2.60% above one year MCLR, current effective rate of 10.55% pa. after 5 years from the date of first disbursement. However, subsequent to 5 year period and till the loan is closed, if the borrower constructs a house with own funds on the plot financed by the Bank and submits a completion certificate, the product code of Realty Account will be changed to normal Home Loan scheme and the interest rate in the account will be reset at one year MCLR linked Home Loan Card rate prevailing on the date of reset.

Disbursement Direct to the Urban Development Authority/Housing Society/Seller by issue of Banker‟s cheque/Demand Draft crossed “Account Payee Only” or their SB/CA accounts maintained with us. Account number and name of the bank will be incorporated in the Banker‟s cheque/Demand Draft. Further, branches should ensure that the purchase price in the Agreement to Sale is incorporated as the value of the property in the Sale Deed registered.

Loan for construction of house

Borrowers opting for Home Loans for construction: Home Loans for a consolidated amount i.e. outstanding in SBI Realty account and also for construction of house will be sanctioned to the customers, who intend to construct house on the open plot financed by us. The outstanding in SBI Realty account will be first liquidated through disbursement from Home Loan and remaining amount will be disbursed for construction of house in phases linked to the stages of construction. The interest rate on consolidated Home Loan will be charged at prevailing Home Loan card rate as on date of sanction of consolidated loan amount. This facility will be available, both during the first 5 year and also subsequent 5 year periods, provided conduct of Realty Loan account is satisfactory. All other norms in respect of our Home Loan scheme will be applicable for sanction of Home Loan for construction of a House. Borrowers who construct house without availing Home Loan: In cases where the customer constructs a house without availing Home Loan from the Bank and submits completion certificate, the product code of Realty account will be changed to Home Loan product code and the existing EMI amount and residual loan tenure will be retained. However, the interest rate in the account will be reset w.e.f. the date of submission of completion certificate and after confirming the construction of house on the plot financed under Realty Scheme at one year MCLR linked Home Loan Card rate prevailing on the date of reset. This guideline will be applicable during the first 5 year and also subsequent 5 year periods, provided conduct of Realty Loan account is satisfactory.

For loans above Rs.50 lacs : The property should be valued independently by two empanelled valuers. Lower of the two valuations should be considered. Two title search reports one before loan sanction, and another before disbursement of loan should be obtained from two different empanelled lawyers. A fresh CIBIL Credit Information Report on the borrower should be obtained before disbursement of loan, in addition to the one obtained as part of loan sanction process.


INSTA HOME TOP UP LOAN

Feature Available to pre-selected Home Loan customers of the Bank through internet banking (www.onlinesbi.co.in) platform. The selection of customers, processing of their loan request, disbursement of loan and setting of S.I. in their Saving Account for repayment of EMIs will be done automatically by the system and no manual intervention will be required.

Eligibility Existing Home Loan customers will be pre-selected for offering this product based on following eligibility: (a) Minimum Home Loan Limit of Rs. 20 lacs with INB facility, (b) Minimum residual tenure of Home Loan of 5 years, (c) Satisfactory track record of 3 years or more, (d) The customer should not have any live Home Top-up Loan, (e) No instance of the Home Loan account slipping to RG-3 or further in the past, (f) CIBIL Score of 700 or higher, (g) Maintaining Saving Bank Account linked with CIF of Home Loan. Based on the above mentioned conditions, existing Home Loan borrowers will be pre-selected and a Pop-up conveying the Insta Home Top-up Loan offer will be shown to the selected customers when they access their account through INB.

Purpose Any personal purpose other than speculative purpose. A declaration to this effect has been included in the „Terms & Conditions‟ accepted by the borrower. Acceptance of Terms and Conditions will be validated using a “One Time Password (OTP)” sent to the borrower‟s registered mobile number.

Validity of offer

The offer made to pre-selected customers will be valid for a period of 30 days from the date of activation of the offer on Internet Banking (INB) site. A fresh list of eligible customers will be uploaded on INB site on the last day of very month and a pop-up message conveying offer will be shown to the selected customers on their INB site. However, the offer message will not be shown to the ineligible customers.

Loan Amount 5% of the Home Loan Limit, subject to Minimum of Rs.1,00,000/- and Maximum of Rs. 5,00,000/-

Nature of facility

Overdraft (with reducing drawing power).

Loan Tenure Residual Maturity of underlying Home Loan

Tenure of Insta Home Top-up Loan

Above 60 months but upto 120 months

60 months

Above 120 months 120 months

Number of loans

At any point of time, only one `Insta Home Top-Up Loan‟ will be permitted. Second Insta Home Top-up Loan will be permitted considered only after a gap of one year from the date of opening of the previous “Insta Top-Up Loan”, subject to the condition that the 1st loan is closed.

Repayment The overdraft will be repayable by way of EMIs commencing after one month from the month of disbursement. Standing Instructions (SI) for EMI repayment will automatically be set up on Saving Bank account of the customers.

Pre-payment Loans under the scheme may be pre-paid at any time without payment of any pre-payment penalty.


Security An undertaking from the borrower will be obtained online, authorizing the Bank to hold original Title Deeds of the house property already mortgaged to the Bank for Home Loan, till the liquidation of all loans including the proposed Insta Top-Up Loan. However, extension of mortgage over the house property will not be obtained.

Interest Rate For latest interest rates refer Circular No.: NBG/RE,H&HD-HL/38/2017 – 18 dated 7th November,2017 (Sl.No.: 926/2017 – 18)

Processing Charges

Flat processing fee of Rs.2000/- plus applicable GST will be deducted from the loan amount before disbursement.


SBI CORPORATE HOME LOANS

(Home Loans to Companies)

Segment SME/C&I

Purpose (i) To provide Home Loans to Corporate Entities (Both Public & Private Ltd. Companies) for construction/acquisition of Residential Units in the name of the Company for use by their Directors/Promoters and Employees, and (ii) For Take-over of Home Loans in the name of the Company from other Banks/HFCs, subject to compliance to our extant norms for Take-over of Home Loans. However, loans for only acquisition of residential plots will not be permitted under the proposed Scheme.

Eligibility Corporate Entities

Should be our existing borrower or a debt free Company,

Should be in the line of business for at least 3 years,

Should have earned uninterrupted Net Profit in last three years,

Existing loan accounts of the Company, if any, should be Regular and Standard and also should not have been restructured during the last 3 years.

Opinion Report will be obtained from the existing Bankers, if any.

ECR of BBB and better for units having total exposure of Rs.10 crores and above,

CRA of SB-8 & better in respect of both existing SME/C&I customers and new customers. CRA will be arrived at based on the latest audited Balance Sheet.

SPV/Subsidiary of Corporate Entities will also be eligible for availing loan under this Scheme provided,

(i) the Parent Company fulfils the above mentioned eligibility norms, (ii) the Parent Company agrees to stand as a Guarantor for Home Loan,

(iii) the estimated cash flow of the SPV/ Subsidiaries is sufficient to repay the EMIs or the Parent Company gives an undertaking to Service the Home Loan in addition to guaranteeing the loan.

Loan Amount Minimum: Rs. 1 crore, & Maximum: No Cap. (Minimum loan amount of Rs. 1 crore stipulated under the Scheme is per Corporate borrower irrespective of the number of residential units proposed to be acquired).

Permissible loan amount

The maximum permissible Home Loan amount will be assessed on the basis of the lowest value arrived at from the under-noted eligibility criteria: Maximum permissible LTV Ratio, Minimum Gross DSCR of 1.25 (inclusive of EMIs of the proposed Home Loan) and Loan amount applied for

Home Interiors/ Furnishings as part of the project cost

10% of the cost of the house/flat will be permitted towards Interiors/Furnishings viz. wardrobe, modular kitchen, flooring, fixtures, fittings, etc. However, the maximum loan amount will be restricted to the stipulated LTV Ratio. For the purpose of calculation of LTV ratio, the cost towards interiors/furnishing will be added to the project cost/value of the property.

LTV Ratio Maximum 75%

Nature of facility Term Loan (Maxgain facility will not be permitted under the proposed Scheme)


Processing Fee 0.50%, plus applicable Service Tax, of loan amount. Minimum of Rs. 50,000/ plus Service Tax, & Maximum of Rs. 10 lacs plus Service Tax. Out of pocket expenses in respect of obtention of Legal/Valuation Report, CERSAI Registration Charges, Stamp duty and Registration charges, etc. will be borne by the customers.

Loan Tenor 15 years (Maximum) including moratorium period

Moratorium Period

Upto 3 months in case of purchase of ready-built house and maximum 36 months in case of under-construction house. However, interest should be serviced during the moratorium period

Repayment Term loan will be repayable by way of EMIs.

Pre-payment Penalty

Pre-payment penalty @ 2% plus Service Tax will be levied on the prepaid amount. However, loans prepaid from own resources will not attract pre-payment charges

Security (i) Equitable mortgage of the property to be acquired/constructed with the help of Bank finance and registration of mortgage charge with Registrar of Companies and CERSAI within the stipulated time frame. (ii) Personal Guarantee of Promoter Directors, (iii) The Company will not be permitted to extend pari-passu charge on Housing Property, mortgaged to the Bank for Home Loan, for securing any other loans/advances to the Company during currency of Home Loan. However, the Company may be permitted to extend second charge for securing any other loans/advances availed from our Bank. However, extension of second charge will not be permitted during moratorium period of Home Loan and also if the Home Loan account is irregular. Further, extension of second charge will not be permitted in favour of other Banks/FIs under any circumstances. An undertaking in this regard will be obtained from the Company

Interest Rate For latest interest rates refer Circular No.: NBG/RE,H&HD-HL/38/2017 – 18 dated 7th November,2017 (Sl.No.: 926/2017 – 18)

Geographic Location of the Property to be acquired/ constructed

Home Loans under this Scheme will be made available for acquiring residential property located within the Municipal Area of Metro and Urban BPR centres only. However, loans above Rs. 25 crores for acquisition of a single dwelling unit will be made available within Municipal Corporation areas of Delhi, Mumbai, Pune, Chennai, Kolkata, Ahmedabad, Chandigarh, Bangalore and Hyderabad centres only.

Debt Service Reserve Account (DSRA)

DSRA for the amount equivalent to 3 EMIs will be obtained in the form of STDR and to meet any short term mismatch in cash-flow and a lien in favour of the Bank will be noted on STDR. Amount towards DSRA will be recovered at the time of first disbursement of the loan. (DSRA amount will be used in case of any default in payment of EMI. The borrowers will be required to restore the value of DSRA equivalent to three EMIs and to maintain the same over entire tenor of the loan).


SBI GLOBAL ED-VANTAGE (OVERSEAS EDUCATION LOAN)

Eligibility criteria and courses covered

Regular graduate/Post-Graduate/Doctorate Degree/Diploma/ Certificate Courses in any discipline offered by foreign Institutes/Universities in USA, UK, Canada, Australia, Europe, Singapore, Japan, Hong Kong and New Zealand will be covered under the scheme.

Note: In respect of any courses in the countries other than the countries mentioned above, the Circle CGM is vested with powers to take decision basing on the merits on a case to case basis

Quantum of Finance Minimum Loan Amount: Rs. 20 Lacs and Maximum Loan Amount: Rs.1.50 Crore.

Margin 10% margin; to be brought in at the time of each disbursement.

Security Tangible collateral security to the extent of 100% of the Loan Limit for liquid Securities (Govt. Securities, Bonds issued by PSUs, NSCs, KVP, LIC Policy, RBI Relief Bonds, Bank Deposit(s) in the name of student/ parent/ guardian, etc.), For security in the form of land/ building, the extant instructions of 110% of the loan limit plus simple interest to be accrued on the loan amount during course and moratorium period, will continue to be applicable

Processing fee Rs. 10,000/- per application.

Repayment and Repayment Holiday(Moratorium)

Repayment will commence 6 months after completion of course. Repayment up to maximum of 15 years.

Interest Rate Circular No.NBG/PBU/PL-MCLR/38/2017-18 dated 3/11/2017

Documents Required Letter of admission, Completely filled in Loan Application Form,2 passport size photographs, PAN Card of the student and Parent/ Guardian, AADHAR Card of the student and parent/ Guardian, Proof of identity (driving license/passport/any photo identity),Proof of residence (driving license/passport/electricity bill/telephone bill), Statement of cost of study, Student/Co-borrower/Guarantor‟s Bank account statement for last 6 months, IT return/ IT assessment order, of last 2 years of Parent/ Guardian/other co-borrower, Brief statement of assets & liabilities of Parent/ Guardian/ other co-borrower, Proof of income (i.e. Salary Slips/ Form 16) of Parent/ Guardian/Other co-borrower.

Sourcing and Sanctioning Criteria Centre Sourcing Process & Sanction Maintenance

BPR All Branches RACPC RACPC

Non -BPR

Branches with incumbency of scale III and above

Branches with incumbency of scale III and above. If the amount to be sanctioned exceeds the delegation of Financial Powers of the Branch, proposal should be sent to RBO concerned for sanctioning.

Sourcing branch

This scheme is applicable to wards of staff also as per the same terms and conditions.

(Master Circular No.NBG/PBBU/PL-Education/14/2017-18 dated 10.07.2017)


SBI SCHOLAR LOAN SCHEME Eligibility criteria and courses covered

Loans will be granted to deserving/meritorious Indian students for pursuing full time courses in India at selected premier and reputed institutions identified by the Bank. The student should have secured admission to full time professional/ technical courses through Entrance Test/Selection process in any of the selected Premier Institutes. Customers who are visually challenged/ persons with disabilities are also eligible to avail loans if they fulfill scheme specific criteria.

Regular full time Degree/ Diploma Courses and not certificate/ part-time courses, through entrance test/ selection process. SBI Scholar Loans are to be sanctioned for:

Core programmes only i.e., regular full time Degree/ Diploma Courses and Executive Management Courses like PGPX EPGP of all IIMs and other reputed institutions like XLRI-Jamshedpur, MDI and ISB Hyderabad

Post Graduate Diploma in Business Analytics (PGDBA) offered by IIM Calcutta is also covered under this scheme

15 month Part time „Executive MBA course‟ of Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

3 year Post-Graduation Programme for Working Executives (PGPWE) of IIM Lucknow- Noida Campus, also known as Working Managers Programme (WMP)

5 year Integrated Programme in Management‟ course conducted by the Indian Institute of Management (IIM), Indore is NOT covered under the scheme.

In respect of the following Institutions, Scholar Loans shall be sanctioned to the students seeking admission only for the following specific courses offered by the Institutions as mentioned below:

For other courses offered by the above Institutions, students shall be sanctioned loans under SBI Student Loan Scheme. The list of Institutes covered under Scholar Loan Scheme with the Campus/Designated branches is available on our website www.sbi.co.in under Personal Banking > Personal Finance > Scholar Loans.

Eligible Expenses Fee payable to college/school/ hostel

Examination/ Library/ Laboratory fees

Purchase of books/ equipment/ instruments/ uniforms

Caution deposit/ building fund/ refundable deposit supported by institution bills/ receipts [not to exceed 10% of tuition fees for the entire course

Travel expenses/ expenses on exchange programme

Purchase of computer/ laptop, if essential for completion of course

Any other expense required to complete the course like study tours, visits to foreign universities in exchange programs, project work, thesis, etc.

Nature of facility Term Loan

Loan Amount

Category

Maximum Loan Amount

Without any tangible collateral (Only parent/ Guardian as co-borrower

With tangible collateral of full value and Parent/Guardian as co-borrower

List 'AA' Upto Rs.30 lakh ----

List 'A' Upto Rs.20 lakh Upto Rs.30 lakh

List 'B' Upto Rs.20 lakh ------

List 'C' Upto Rs.7.50 lakh Above Rs.7.50 lakh and upto Rs.30 lakh


Margin Upto Rs.4 lakhs: Nil

Above Rs.4 lakhs &Upto Rs.7.50 lakhs : 5%

Above Rs.7.50 lakh : NIL

Security The loan would be sanctioned jointly in the name of the student and his parent/ guardian. In case of married person, co-obligator can either be spouse or parent/ parent-in-law. Parental co-obligation can also be substituted by a suitable third party guarantee.

Processing fee NIL

Repayment period

Maximum 15 years after commencement of repayment. Repayment starts 1 year after the completion of the course. Extension of time for completion of course may be permitted for maximum period of 2 years if the student is not able to complete course within scheduled time. The interest accrued during repayment holiday period is to be added to the principal and repayment in Equated Monthly Installments (EMI) fixed.

Repayment Holiday

Course Period + 1 year

EMI Generation The accrued interest during the moratorium period and course period is added to the principle and repayment is fixed in Equated Monthly Instalments (EMI).

If full interest is serviced before the commencement of repayment; EMI is fixed based on principle amount only.

Interest rate Please refer Sl.No.: 907/2017-18 Circular No.: NBG/PBU/PL-MCLR/38/2017 – 18Dated 03.11.2017

Documents required

Letter of admission.

Completely filled in Loan Application Form.

2 passport size photographs.

Statement of cost of study.

PAN Card of the student and Parent/ Guardian.

AADHAR Card of the student and Parent/ Guardian.

Proof of identity (Driving License/Passport/Aadhar/any photo identity).

Proof of residence (Driving License/Passport/Electricity bill/Telephone bill).

Student/Co-borrower/ guarantor's bank account statement for last 6 months.

IT return/ IT assessment order, of previous 2 years of Parent/Guardian/ other co-borrower (if IT Payee).

Brief statement of assets & liabilities of Parent/ Guardian/ other co borrower.

Proof of income(i.e.salary slips/ Form 16) Parent/ Guardian/other co borrower.



SBI STUDENT LOAN SCHEME

Eligibility criteria

and courses

covered

A term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured.

Studies in India: Graduation, Post-graduation including regular technical and professional Degree/Diploma courses conducted by

colleges/universities approved by UGC/AICTE/IMC/Govt. etc., Regular Degree/Diploma Courses conducted by autonomous institutions like IIT, IIM etc., Teacher training/Nursing courses approved by Central Government or the State Government, Regular Degree/Diploma Courses like Aeronautical, Pilot Training, Shipping etc. approved by Director General of Civil aviation/Shipping/concerned regulatory authority.

Studies Abroad: Job oriented professional/technical Graduation Degree courses/ Post Graduation Degree and Diploma courses like MCA, MBA, MS, etc offered by reputed universities, Courses conducted by CIMA (Chartered Institute of Management Accountants) - London, CPA (Certified Public Accountant) in USA etc.

Eligible Expenses Fees payable to college/school/hostel.

Examination/Library/Laboratory fees.

Purchase of Books/Equipment/Instruments/Uniforms, Purchase of computers - essential for completion of the course (maximum 20% of the total tuition fees payable for completion of the course).

Caution Deposit/Building Fund/Refundable Deposit (maximum 10% of tuition fees for the entire course).

Travel Expenses/Passage money for studies abroad.

Cost of a Two-wheeler uptoRs. 50,000/- and

Any other expenses required to complete the course like study tours, project work etc.

Loan Amount For studies in India - maximum Rs. 10 lacs

For Studies abroad - maximum Rs. 20 lacs

Margin Upto Rs.4 lakh : Nil

Above Rs.4 lakhs:- Studies in India : 5% Studies Abroad : 15%

Security Upto Rs. 7.5 lacs - Only Parent/Guardian as co-borrower. No Collateral Security or third party guarantee.

Above Rs. 7.5 lacs - Parent/Guardian as co-borrower and tangible collateral security.

In case of married person, co-obligator can be either spouse or the parent(s)/ parents-in-law.

Processing Fee NIL

Repayment

Period/Moratorium

Course period plus one year or six months after getting the job whichever is earlier. Moratorium may be extended from current 12 months to 24 months in genuine cases after satisfying that the student did not get any employment after completing studies.

Loan to be repaid in 15 years after the commencement of repayment.

In case second loan is availed for higher studies later, to repay the combined loan amount in 15 years after completion of second course.

EMI Generation The accrued interest during the moratorium period and course period is added to the principle and repayment is fixed in Equated Monthly Instalments


(EMI).

If full interest is serviced before the commencement of repayment; EMI is fixed based on principle amount only.

Interest Rate (Circular No.NBG/PBBU/PL-MCLR 38/2017-18 dated 03.11.2017)

Documents

Required

Letter of admission.

Completely filled in Loan Application Form.

2 passport size photographs.

Statement of cost of study.

PAN Card of the student and Parent/ Guardian.

AADHAR Card of the student and Parent/ Guardian.

Proof of identity (Driving Licence/Passport/ Aadhar/any photo identity).

Proof of residence (Driving Licence/Passport/Electricity bill/Telephone bill).

Student/Co-borrower/ guarantor's bank account statement for last 6 months.

IT return/ IT assessment order, of previous 2 years of Parent/Guardian/ other co-borrower (if IT Payee).

Brief statement of assets & liabilities of Parent/ Guardian/ other co-borrower. Proof of income (i.e. salary slips/ Form 16) Parent/ Guardian/ other co-borrower.



GOLD LOAN (P SEGMENT) – 3 VARIANTS

SCHEME SBI PERSONAL GOLD SBI PERSONAL LIQUID SBI GOLD LOAN –

LOAN GOLD LOAN BULLET REPAYMENT

PURPOSE Bank's existing customers can avail the loan by pledge of gold ornaments including

gold coins sold by Banks. gold coins (weight of coins not to exceed 50 grams per

Customer Cir no. NBG/PBU/PL-PERLOANS/1/2013 – 14 dated 07.05.2013).

FACILITY Demand Loan Over Draft Demand Loan

ELIGIBILITY Age: 21 years and above Profession: Anybody with Steady source of income including:

Bank Employees. Pensioners

SECURITY Pledge of Gold ornaments made of not less than 18 carat gold.

QUANTUM Minimum: Rs.20,000/- (All eentres)

OF LOAN Maximum: Rs 20 Lacs/- (All centres)

MARGIN 25.00% 25.00% 35.00%

RATE OF w.e.f. 01.11.2017 1 Yr MCLR + Spread of 200 bps, present effective ROI being 9.95%

INTEREST

NBG/PBU/PL-MCLR/38/17 – 18 dated 03.11.2017

PERIOD/RE 36 Months Equated 36 Months (Interest to be 12 Months (Both Interest

PAYMENT Monthly Instalments serviced on monthly basis. and Principal to be paid at

(EMI) Principal to be paid at the the end of the term).

end of the term).

PROCESSIN 0.50% of the Loan amount + applicable Service Tax or Rs 500 + applicable service Tax

G FEE Whichever, is higher.

NBG/PBU/PL-GL/76/2016 – 17 dated 10.01.2017

SCALE OF Please refer to the latest circular instructions for market

value and advance value of gold

FINANCE

SERVICE NBG/BOD-GB/1/2017 – 18 dated 01.04.2017

CHARGES

Refefence NBG/PBU/PL-GL/76/2016 NBG/PBU/PL- NBG/PBU/PL-GL/76/2016

– 17 dated 10.01.2017 – 17 dated 10.01.2017 GL/76/2016 – 17 dated

10.01.2017

ftp://10.10.63.66/SBLC%20AURANGABAD%20TRAINING%20MATERIAL%202017-18/RETAIL%20ASSETS/GOLD%20LOAN%20LENDING%20AGAINST%20GOLD%20COINS%2007052013.pdf

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SBI AUTO LOAN – VARIANTS

SCHEME SBI AUTO LOAN SBI ASSURED CAR SBI LOYALTY CAR

SCHEME LOAN SCHEME LOAN SCHEME

PURPOSE Purchase of New vehicles Purchase of New vehicles To purchase new/old

passenger car, MUV and

sport utility

vehicle

FACILITY Term Loan/Overdraft Term Loan Term Loan/overdraft

ELIGIBILITY AGE:-21-65 years Existing Customers with i) Min NAI – Rs.2 lacs. ii) Housing loan borrowers of

Repayment before 70 Y unencumbered Fixed SBI & Satisfactorily

Min NAI – For Salaried 2.50 Deposits serviced the loan for at least

lacs Age – 18 yrs – No Max. one year after the

Agriculturists & Self- Repayment before 75 Y

moratorium period. iii) Taken the possession of the house iv) Created valid equitable mortgage and v) Maintained security margin of at least 15% for purchase / construction of plot/house. vi) Completed all terms and conditions regarding sanction of housing loan.

employed/Business – 4.00 lacs Minimum Income -

Not stipulated. CIBIL scores

The maximum number of less than 600 and those in

applicants should be -1, 0, 1 to 5 categories will

restricted to two also be eligible.

SECURITY Hypothecation of vehicle TDR in i) Hypothecation of vehicle

his/their own name. ii) Equitable mortgage

Third party TDRs will not taken for the housing loan

be accepted should be extended to cover

the new car loan

QUANTUM No max. But min 3 lacs to Min : Rs 2 lacs, Max : No 100% on-road finance

OF LOAN avail OD facility Limit subject to

Salaried : Maximum 48

times net monthly 100% of FD for „On-Road- a.75% of present market

income of salaried persons. Price‟ of vehicle value of the house property

Self-employed, less present outstanding in

Professionals, Business the Home Loan account and

Up to 4 times the Net Profit or Gross taxable income per annum as per ITR, after adding back depreciation.

Home Equity, if any

Agriculturists Up to 3 times the NAI

b. EMI/NMI as per respective scheme


c. On road price of vehicle Permissible loan amount will be lowest of a,b or c.

MARGIN 15% on road price. Nil Nil

The concessionary margin

of 10% will continue in case

of customers under salary

Package / tie-up.

EMI/NMI Upto Rs.5 Lakhs - 50% Not applicable. as per the original

Above Rs.5 Lakhs and upto scheme i.e. Car Loan

Rs.10 Lakhs - 50% Scheme, Combo loan

Above Rs.10 Lakhs - 60% Scheme,

Certified Pre-owned Car

Loan Scheme and NRI Car loan scheme etc.

RATE OF INTEREST

NBG/PBU/AL-AUTOLOAN/14/2017 - 18 dt. 06.11.2017 NBG/PBU/AL-AUTOLOAN/25/2016 - 17 dt. 08.02.2017 –Int. Linked CIC Reports

PERIOD/REPAYMENT Maximum 7 years 3-7 Years

as per the original scheme i.e. Car Loan Scheme Certified Pre-owned Car Loan Scheme etc.

OTHER GUIDELINES

Reimbursement of costs of car purchased by own sources which are not more than 3 month old. The maximum cost of accessories should not exceed 5% of the cost of vehicle or Rs. 50,000/-, whichever is less

During continuation of car loan, partial withdrawal of TDR will not be allowed. Forfeiture of the Deposit may be permitted for liquidation of the entire loan, at the request of the borrower

OTHER CIRCULARS

NBG/PBU/AL-AUTOLOAN/2/2017 - 18 dt 18.04.2017 –Scoring Model NBG/PBU/AL-AUTOLOAN/22/2016 – 17 dt. 05.01.2017 –Auto Loan Product Codes NBG/PBU/AL-AUTOLOAN/18/2016 - 17 dt 08.11.2016 –Minimum NMI NBG/PBU/AL-AUTOLOAN/13/2016 – 17dt. 01.10.2016 –EMI/NMI Modification NBG/PBU/AL-AUTOLOAN/3/2016 – 17 dt. 11.04.2016 –Disc. To Int. Concession NBG/PBU/AL-AUTOLOAN/55/2015 – 16 dt 12.02.2016 –Digital Inspection NBG/PBU/AL-AUTOLOAN/54/2015 – 16 dt 11.02.2016 -Obtention of RC copy NBG/PBU/AL-AUTOLOAN/50/2015 – 16 dt 21.01.2016 –CIRs (CIBIL etc) NBG/PBU/AL-AUTOLOAN/45/2015 – 16 dt 17.12.2015 –Super Luxury Car Master Circular : NBG/PBU/AL-AUTOLOAN/12/2017 - 18 dt. 09.10.2017 – M.C.

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SBI AUTO LOAN – VARIANTS

SCHEME SBI COMBO LOAN SBI CERTIFIED PRE-

OWNED CAR LOAN

PURPOSE Purchase of a Car and a for purchase of Certified

Two Wheeler taken Pre-Owned cars. The major

together. No overdraft car manufacturers that have

established such certified

Pre-owned car outlets

through their dealer

network only.

FACILITY Term Loan Term Loan

ELIGIBILITY AGE:-21-65 years

AGE:-21-65 years Repayment before 70 Y Age of the Car not more

Repayment before 70 Y

than eight years old.

Min NAI – For Salaried 2.50 Minimum NAI for all

lacs categories: Rs.200,000/-

Agriculturists & Self-

employed/Business – 4.00

lacs.

The maximum number of

applicants should be

restricted to two

SECURITY Hypothecation of vehicles Hypothecation of vehicle

QUANTUM No max. No OD facility Minimum : Rs.1 lacs.

OF LOAN Salaried : The maximum 48 Maximum : Rs.5 Lacs.

times the net monthly

income of salaried persons. The maximum loan amount

Self-employed,

that can be granted would

be restricted to 30 times the

Professionals, net monthly income of

Businessmen salaried persons

Up to 4 times the Net Profit

or Gross Taxable Income In case of others, maximum

per annum as per ITR, after loan amount

adding back depreciation would be 2.5 times the net

Agriculturists

annual income

Up to 3 times the Net

Annual Income.

MARGIN 15% of the total cost of the 20%

vehicles ( Car and Two

Wheeler taken together) i.e.

“on road

price”.


SCHEME SBI COMBO LOAN SBI CERTIFIED PRE- OWNED CAR LOAN

EMI/NMI Upto Rs.5 Lakhs -50% 50.00%

Above Rs.5 Lakhs and upto

Rs.10 Lakhs - 60%

Above Rs.10 Lakhs - 70%

Repayment

Maximum 7 years 8 years minus the age of the

vehicle at the time of

applying for loan

subject to a maximum tenure of 5 years

OTHER Reimbursement of cost of Reimbursement of cost of

GUIDELINES

vehicles is not permitted. vehicles is not permitted.

The maximum cost of Valuation : Invoice of the dealers or the

accessories should not IDV as per the motor

exceed 5% of the cost of insurance policy whichever

vehicle or Rs. 25,000/-,

is less. Authorised branches: Only branches that are mapped to certified pre-owned dealership of reputed car loan manufactures and companies can do the car loan under the scheme. Only one branch can be mapped to one dealer. Ownership of vehicle should not have changed more than two times.

whichever is less.

REFERENCE

NBG/PBU/AL- AUTOLOAN/12/2017 – 18 dated 09.10.2017. NBG/PBU/AL- CARLOANS/26/2012 -13 dt. 09.10.2017

NBG/PBU/AL- AUTOLOAN/12/2017 – 18 Dated 09.10.2017. NBG/PBU/AL- CARLOANS/41/2015 – 16 dated 19.11.2015.


SBI XPRESS CREDIT

SCHEME SBI XPRESS CREDIT XPRESS CREDIT – NON PERMANENT EMPLOYEES

XPRESS CREDIT – TEACHING & NON-TEACHING

PURPOSE for any legitimate personal purpose

for any legitimate personal purpose

for any legitimate personal purpose

FACILITY Demand Loan or OD reducing DP

Demand Loan

Demand Loan

ELIGIBILITY Permanent employees with a minimum of 1 year‟s length of service The minimum Net Monthly Income (NMI) of the employee should beRs.5000/-. (a) CATEGORYI: Full CHECK OFF i) Salary a/c ii) S.I. iii)Letter of undertaking from employer to inform the transfer/resignation/ retirement of employee iv) Undertaking from the employer to obtain a NOC from the Bank before settling the dues of the borrower on transfer, resignation, retirement etc (b) CATEGORY III: NO Check Off – only i& ii

Minimum Net Monthly Income : Rs.10,000/- • The salary account should have been with our Bank for the last one year. • Should be working continuously in the Organisation/Institution for the last 3 years. Salary is credited in the account by the employer i.e., no cash payment of salary. • For contractual employee, the minimum remaining period of contact should be 12 months from the month of Repayment Start Date

Maximum Loan Eligibility will be 12 months‟ Gross Salary. These Private Schools and Colleges should be at least15 years old and should be affiliated to CBSE/ ICSE/UGC/AICTE etc. These Private Schools and Colleges must have 5 years of banking relationship with us. The number of employees(teaching and non-teaching) of such Institutes should not be less than 50.

SECURITY NIL Third Party Guarantee worth the amount of

loan

NIL

QUANTUM OF LOAN

(i) Term Loan Minimum: Rs.25, 000/- Maximum: 24 times NMI subject to maximum of Rs15.00 lacs. (ii) Overdraft Minimum: RS.5.00 lacs Maximum: 24 times NMI subject to maximum of Rs15.00 lacs.

12 times the average of last6 months‟ salary credit in the account but not more than last month‟s salary credit in the account subject to EMI/NMI not exceeding 40%. Minimum : Rs.50,000/- Maximum : (a) For NMI Income below Rs.50,000/- : Rs.2.00 lacs (b) For NMI Income of Rs.50,000/- and above :

(a) For Teachers & Staff of Government Schools who are employees of the State Government: 24 times NMI (b) For Teachers &Staff of Govt. Aided /Semi-Government Schools:12months Gross Salary [Max ceiling of Rs 15 lacs]


Rs.5.00 lacs.

MARGIN NIL NIL NIL

EMI/NMI 50.00% 40.00% 50.00%

RATE OF INTEREST

PERIOD/RE PAYMENT

Maximum 60 months or residual service period whichever is less prepayment charges of 3%on prepaid amount

Non-Permanent Employees other than Employees on Contract basis :36 months. For Contractual employees: 36 months or the remaining period of expiry of Contact, whichever is lower. However, Contractual employee should have min.12 months service left for expiry of the contract

Maximum 60 months or residual service period whichever is less. prepayment charges of 3% on prepaid amount

OTHER GUIDELINES

Renewal of loans will be allowed after 24 months. Review of loan will be done yearly. Provision for 2nd Loan: Second Loan can be sanctioned after 1 year of disbursement of the 1st loan provided the 1st loan has been satisfactorily conducted and is regular at the time of sanction of 2ndLoan

A suitable Undertaking on the lines of Xpress Credit Loan scheme will be given by the Employee (borrower) and Employer along with the loan application form. prepayment charges of 3%on prepaid amount

The number of employees(teaching and non-teaching) of such Institutes should not be less than 50. should not be government aided. should be at least 15 years old must have 5 years of banking relationship with us.

REFERENCE NBG/PBU/PLXPRESS/ 35/2016 – 17 02.07.2016 -M.S. NBG/PBU/PLXPRESS/ 71/2016 - 17 Monday, January 02,2017

NBG/PBU/PLXPRESS/ 35/2016 - 17 dt 02.07.2016 – M.S. NBG/PBU/PLGENERAL/ 83/2016 - 17 Wednesday, February 01,2017

NBG/PBU/PLXPRESS/ 35/2016 - 17 dt. 02.07.2016 – M.S. NBG/PBU/PLXPRESS/ 49/2016 - 17 Thursday, September 22,2016


SBI XPRESS CREDIT– VARIANTS

SCHEME SBI XPRESS CREDIT – XPRESS CREDIT – ELITE

IT EMPLOYEES

PURPOSE for any legitimate personal purpose for any legitimate personal purpose

FACILITY Overdraft wih fixed repayment

(Reducing DP) Overdraft (Reducing DP)

ELIGIBILITY All Employers in IT/ ITeS industry who Senior Officials working in Central/ State

are member of NASSCOM. Governments establishments, Quasi

Government Bodies, PSUs, Defence, with

Employees with a minimum of 6 Gross Monthly Salary above Rs. 1,00,000/-.

months length of service & should have (There is no compulsory requirement of

salary accounts with SBI.

him/ her maintaining salary

The minimum Net Monthly Income account with the Bank)

(NMI) of the employee should be

Rs.25000.

SECURITY NIL NIL

QUANTUM 18 Months Net Monthly Income of the 24 Months Net Monthly Income of the

OF LOAN employee. Minimum Loan Amount : Rs. 50,000/- Maximum Loan amount: Rs.10.00 lacs,

employee. Minimum Loan Amount : Rs. 3,00,000 Maximum Loan amount: Rs. 20,00,000

MARGIN NIL NIL

EMI/NMI 50.00% 60.00%

RATE OF NBG/PBU/PL-MCLR/38/2017 – 18 dated 03.11.2017

INTEREST

PERIOD/RE Maximum 36 months subject to (a) Applicant has CIBIL Score>800 or (b) Applicant offers third party guarantee. However, if CIBIL Score is less than 800 and unable to offer TPG, maximum repayment is 12 months only.

Maximum 60 months or residual service period whichever is less

PAYMENT

OTHER No provision for 2nd loan. Fresh loans Top up loan can be sanctioned after 1 year

GUIDELINES can be taken after liquidating the first of disbursement of the 1st Loan

loan.

REFERENCE NBG/PBU/PL-XPRESS/44/2016 - 17 Monday,August 22,2016 (Sl.No.669) NBG/PBU/PL-XPRESS/30/2017 – 18 Friday 29 September,2017 (Sl.No.737)

NBG/PBU/PL-PERLOANS/54/2016 - 17 Thursday,October 20,2016. (Sl.No.946)


ftp://10.10.63.66/SBLC%20AURANGABAD%20TRAINING%20MATERIAL%202017-18/RETAIL%20ASSETS/XPRESS%20CREDIT%20-%20IT%20employees%202220816.pdf

ftp://10.10.63.66/SBLC%20AURANGABAD%20TRAINING%20MATERIAL%202017-18/RETAIL%20ASSETS/XPRESS%20ELITE%2020102016.pdf


SBI PENSION LOAN – VARIANTS

SCHEME SBI PENSION LOAN JAI JAWAN PENSION PENSION LOAN TO

LOAN CMPF PENSIONERS

PURPOSE for any legitimate personal for any legitimate personal for any legitimate personal

purpose purpose purpose

FACILITY Demand Loan Term Loan Demand Loan

ELIGIBILITY Regular Pensioners and Pensioners of Armed All Coal Mine Provident

Family Pensioners Forces, including Army, Fund (CMPF) Pensioners

Navy and Air Force, (Except Family and

Paramilitary Forces (CRPF, Children Pensioner) whose

CISF, BSF, ITBP, etc), Coast pension accounts are

Guards, Rashtriya Rifles maintained with the SBI.

and Assam Rifles whose Maximum Age at the time

Pension Payment Order is of Sanction of Loan : 65

with us. Years

SECURITY Third Party Guarantee of a (a) TPG of Spouse eligible Third Party Guarantee of a

person good for the for person good for the

loan amount who has been family Pension. loan amount who has been

maintaining a satisfactorily (b) In the absence of spouse, maintaining a satisfactorily

conducted account with the TPG conducted account with the

Bank; preferably of any other family member Bank; preferably

spouse/son/daughter of the or a spouse/son/daughter of the

pensioners. third party worth the loan pensioners.

amount

QUANTUM Minimum Rs.25,000/= There is no minimum age Minimum Rs.25,000/-

OF LOAN Maximum of 18 months’ bar under the scheme. The Maximum: 18 months’ Net

pension with a ceiling of Maximum age at the time Monthly Pension (NMP)

(i) Rs.14.00 lacs for of availment of loan should but not exceeding Rs.3.00

pensioners up to 72 Years. be 76 years lacs.

(ii) Rs.12.00 lacs for Minimum Rs.25,000/=

pensioners 72 upto 74 years A. Maximum of 36 months’

(iii) Rs.7.50 lacs for pension with a ceiling of

pensioners 74 up to 76 years Rs.14.00 lacs for

Family Pensioners: pensioners up to 56 Years.

B. Maximum of 18 months’

Minimum : Rs.25,000/=

Maximum of 18 months’ pension with a ceiling of

pension with a ceiling of (i) Rs.14.00 lacs for above 56

(i) Rs.5.00 lacs upto 72 Years years and up to of 72 years

(ii) Rs.4.50 lacs for (ii) Rs.12.00 lacs for above

72 up to 74 years 72 years and up to 74 years

(iii) Rs2.50 lacs for (iii) Rs.7.50 lacs above 74

above 74 up to 76 years . years and up to 76 years.

MARGIN NIL NIL NIL

EMI/NMI Regular Pensioners 50% 50.00% 50.00%

Family Pensioners 33%

RATE OF NBG/PBU/PL-MCLR/38/2017 – 18 dated 03.11.2017

INTEREST


SCHEME SBI PENSION LOAN JAI JAWAN PENSION PENSION LOAN TO

LOAN CMPF PENSIONERS

PERIOD/RE Regular & Family Up to 56 years 84 Months 60 EMIs, commencing PAYMENT Pensioners: full repayment - 63 years after one month of the

Up to 72 years 60 Months >56 upto 72 years – 60 M disbursal of the loan.

full repayment - 77 years full repayment - 77 years

>72 upto 74 years – 48 M > 72 up to 74 years- 48 M


> 74 up to 76 years- 24 M > 74 up to 76 years- 24 M


OTHER Top-up loan (2nd loan) can No provision of 2nd loan. Top-up loan (2nd loan) can

GUIDELINES be sanctioned to Pensioner Fresh be sanctioned to Pensioner

and Family pensioner after 1 Loans can be taken after and Family pensioner after

year of disbursement of the liquidating 1 year of disbursement of

1st loan provided the 1st the first loan only after 12 the 1st loan provided the 1st loan has been satisfactorily months loan has been satisfactorily

conducted. conducted.

REFERENCE NBG/PBU/PL- NBG/PBU/PL-JAI NBG/PBU/PL-

PERLOANS/42/2014 - JAWAN/15/2016 - PENSION/66/2016 - 17

15 Thursday, October 17 Thursday, December

09,2014 Wednesday, May 11,2016. 22,2016.

ftp://10.10.63.66/SBLC%20AURANGABAD%20TRAINING%20MATERIAL%202017-18/RETAIL%20ASSETS/PENSION%20LOAN%2009102014.pdf

ftp://10.10.63.66/SBLC%20AURANGABAD%20TRAINING%20MATERIAL%202017-18/RETAIL%20ASSETS/PENSION%20LOAN%2009102014.pdf

ftp://10.10.63.66/SBLC%20AURANGABAD%20TRAINING%20MATERIAL%202017-18/RETAIL%20ASSETS/PENSION%20LOAN%20jaijawan%20pension%20loan%2011052016.pdf

ftp://10.10.63.66/SBLC%20AURANGABAD%20TRAINING%20MATERIAL%202017-18/RETAIL%20ASSETS/PENSION%20LOAN%20cmpf%20pensioners%20loan%2022122016.pdf


LOAN AGAINST SHARES

Purpose To individuals including staff members for meeting contingencies and needs of personal nature and for subscribing to rights or new issue of shares against security of existing shares.

Eligibility i) Against fully paid equity CNX-500 scrips ii) Existing individual customers with KYC compliant, good past relationship, having demat account with our SBI CAP Securities Ltd (SSL). iii) Loan will be sanctioned to individuals‟ name. iv) Customer should have active mobile number and e-mail id.

Documents required

i)Simplified application generated through online portal (income assessed as per declaration therein) ii)Loan agreement generated through LOS iii)Arrangement letter generated through LOS

Nature of facility

Overdraft and Demand Loan

Loan amount Minimum: Rs.50000/- Maximum: For any personal purpose maximum loan is Rs.20.00 lacs, For subscribing to IPOs maximum loan is Rs.10.00 lacs.

Margin 50% of prevailing Stock Exchange market price of the shares as calculated based on the prevailing market price as on the date and time of loan sanction.

Rate of Interest

3.00% spread over 1 year MCLR

Repayment Demand Loan: In 30 EMI, due from the succeeding month of the loan sanction. Overdraft: The drawing power will be reduced every month and loan has to be liquidated in maximum of 30 months.

Processing Charge

NIL

Sanction by Nodal branch i.e., Specialised securities finance branch (18225).Other branches are not authorized to open these loans.

Reference Manual on loans and advance (updated up to 31.03.2017),Volume 8 ,Chapter 3


NRI FAMILY CARD

Card Type Open Loop Prepaid Card available in INR

Availability At selected NRI intensive SBI Branches

Eligibility Criteria / KYC Requirement

For Applicant (family member or dependent or beneficiary or any acquaintance of NRIs in India): Identity and address proof as per KYC requirement in resident deposit accounts. Beneficiaries will make an application to the branch and get the card on their own. They will advise the card number to the NRE / NRO account holder for loading it.

Target group for the card

The family member or dependent or beneficiary or any acquaintance of NRIs residing in India in India and need to get remittance for maintenance purposes etc from the NRI. The family member or dependent or beneficiary or any acquaintance of NRIs in India can get this card from our branch and the NRI can top up this card through his/her online NRE / NRO account with us. The family member or dependent or beneficiary or any acquaintance of NRIs in India does not have to open an account for him. He can use this card for ATM/POS/Online transactions in India. The NRI will have the facility of recharging this card at any time/ from anywhere at his convenience through his INB account with us.

Validity of the Card 10 Years

Minimum / Maximum Amount of load

Rs. 100 and thereafter in multiples of Re. 1/-, however the balance in the Card should not exceed Rs. 50,000/- at any point of time.

Usage and Daily/ Monthly Cash withdrawal limit

Cash withdrawal limit from State Bank ATMs: Rs.100/- to Rs.40,000/- per day. POS Transaction limit: Rs. 50,000 per day at any merchant site accepting VISA cards for e-Commerce transactions. Card can be used in India only.

Source of Load/Re-Load

The Cards will be loaded/ reloaded, only by debit to the designated primary account (NRE/NRO) maintained by the NRI with the Bank. The card will be linked to the particular INB account. The functionality to top up the card will be available through INB platform. Card holder will receive a SMS whenever the card is re-loaded or the amount is spent. The NRI account holder will have the facility of checking the unspent balance amount through his INB account.

Card Issuance Charge

Rs.105/-

Top up / Reloading Charge

Rs.10/- will be charged per instance

Replacement Card/ Duplicate Pin

Rs.105/-

Usage charges of Card at State Bank Group ATMs or at PoS/e- Commerce

Nil charges.

Usage of Card at other Bank ATMs

Financial Transaction: Rs. 20/- per transaction Non-Financial Transaction: Rs. 9/- per transaction

Refund / Cancellation Card Applicant will get the refund of the unspent amount by making a request at the home branch

Reference NBG/PBBU/NRI-GEN/24/2014-15 dated 21.10.2014 NBG/PBBU/NRI-GEN/44/2014-15 dated 10.02.2015


SBI HOLIDAY SAVINGS ACCOUNT FOR ONLINE BANKING CUSTOMERS

Collaboration Thomas Cook India Ltd.

Type of Account Recurring Deposit (e-RD)

Eligibility

Tenure of the deposit

12 Months

Installment Amount Calculation

The cost of the package tour is split into 13 monthly instalments, of which 12 installments are borne by the customer and 1 by Thomas Cook.

Account Opening Procedure

Available to Internet Banking Customers having transaction rights only. 1) Select the holiday package from Thomas Cook India‟s portal (https://www.thomascook.in/pages/indus /landing pages/ hsa/ hsa_sbi.html) 2) log-on towww.onlinesbi.com to start a recurring deposit account with SBI based on the cost of holiday package.

Maturity Instruction

The default option is that proceeds will go to Thomas Cook account which can be modified by customer online or by branch.

Other Features Penalties and charges as applicable for e-RD will apply here as well. TDS will be applicable on the RD account. Senior citizen rate is applicable. Customer gets the benefit of inflation proof holiday booking for future. The Bank will not be liable for any issues/ complains/ loss arising due to non-fulfillment of terms by Thomas Cook.

https://www.thomascook.in/pages/indus


SALARY PACKAGES OF SBI CORPORATE SALARY PACKAGE

Variant /Description Silver Gold Diamond Platinum

Employees with Gross Monthly Salary

Between Rs. 5,000 and up to Rs 20,000

\Between Rs. 20,000 and up to Rs 50,000

Between Rs. 50,000 and up to Rs 1,00,000

Above Rs. 1,00,000

Minimum Balance Required NIL NIL NIL NIL

Multi City Cheques (MCC can be drawn for maximum amount of Rs. 10 lacs)

Unlimited Free*

Unlimited Free*

Unlimited Free*

Unlimited Free*

*Except for bulk requisition i.e. in excess of 20 cheques leaves per month.

ATM cum Debit Card issued free of cost

Domestic Classic ATM Cum Debit Card

# Gold International ATM cum Debit Card

# Gold International ATM cum Debit Card

# Platinum International ATM cum Debit Card.

# will be issued to those Salary Package account holders who consent to issuance of International Debit Card

Free add on card is provided for spouse in case of Joint account in all 4 variants

Annual maintenance charges for ATM card

NIL

*Personal Accident Insurance (Death) cover for primary salary account holder

Rs. 1 lakh Rs. 5 lakhs Rs. 5 lakhs Rs. 10 lakhs

*Additional Air Accident Insurance

(death) cover -

(only where air ticket has been purchase using State Bank Debit card

Not Available Rs. 5 lakhs Rs. 15 lakhs Rs. 25 lakhs

*Valid till 03.01.2018 and continuation thereafter is subject to review.

Charges on issue of Demand draft Normal rates Normal rates

Waived for issue of demand draft up to Rs. 50,000/- per

instance

Waived for issue of demand draft

up to Rs. 50,000/- per

instance

Charges on issue of duplicate account statement

Normal rates Normal rates waived waived

SMS ALERTS Free

Core power charges on non home branch transaction

Cash deposit

Cash withdrawal

Waived

Free (self only) max. Rs. 50,000/-

per day

Waived

(Free (self only)

with no upper cap on amount

Waived

(Free (self only)


Waived

(Free (self only)


Internet Banking & Mobile Bkg

Facilities

Free of cost. Charges are applicable on third party sites such as IRCTC

etc payable

NEFT/ RTGS Charges waived for transactions originated only through alternate channel

Setting up of Standing instruction Free


Savings Plus (Auto Sweep Facility)

Auto sweep available on request.

Threshold amount: Rs.35,000/-

Multi option deposit will be created with a minimum of Rs.10,000/- and in the multiples of Rs.1,000/-.

Reimbursement Current Account a zero balance account

ATM cum debit card issued for Salary Package (Savings) Account is linked to Reimbursement Current account

Concession in locker charges Nil Nil 15% 25 %

Passbook updating in non home

branch Free of cost Free of cost Free of cost Free of cost

Overdraft facility

Maximum Overdraft Limit

Up to 2 months net salary

Repayable from the next salary (ies) within a period of 6 months

Rs 40,000/ Rs 75,000/ Rs 1,50,000/ Rs 2,00,000/

Circular Reference NBG/PB/C&ITU-CSP/9/2015-16 dated 13.01.2016


STATE GOVERNMENT SALARY PACKAGE CENTRAL GOVERNMENT SALARY PACKAGE

POLICE SALARY PACKAGE


Minimum Balance Required : NIL for all 4 variants

ATM cum Debit Card

issued free of cost

Domestic Classic

ATM Cum Debit

Card

# Gold

International ATM

cum Debit Card

# Gold International

ATM cum Debit Card

# Platinum

International ATM cum

Debit Card.

# will be issued to those Salary Package account holders who

consent to issuance of International Debit Card


Annual maintenance

charges for ATM card

NIL


Rs.1 lakhs

for CGSP &

SGSP

Rs.5 lakhs for

PSP

Rs. 5 lakhs Rs. 15 lakhs Rs. 20 lakhs


(death) cover (only where air ticket has been purchase using State Bank Debit card

NA Rs. 5 lakhs Rs. 20 lakhs Rs.30 lakhs

*Valid till 03.01.2018 and continuation thereafter is subject to review.

Internet Banking & Mobile

Bkg Facilities Free of cost. Charges are applicable on third party sites such as IRCTC etc payable

Multi City

Cheques

(Payable at par at

all Branches)

Cheque Leaf charges: NIL

Payment Charges : NIL

SMS ALERTS Free

NEFT/ RTGS

Free, where transactions

originated only through Alternative

Channels (i.e. Internet Banking,

Mobile Banking, etc.)

Free, where transactions

originated Any Channel (i.e.

Alternate Channel and Branch

transaction)

Savings Plus

(Auto Sweep Facility)

Available only on request

Auto sweep available on request.

Threshold amount: Rs.35,000/-

Multi option deposit will be created with a minimum of Rs.10,000/- and in the multiples

of Rs.1,000/-. in any one instance


Setting up of standing instruction

Free

Concession in locker charges

Nil Nil 15% 25 %

Passbook updating at

non-home branch

Free of cost

Core Power

(a)Transact-ions

at Non home Br

(b)Transfer of

funds between

SBI branches

Free

Over Draft facility

Up to 2 months net salary


Maximum Over Draft Limit Rs 40,000/ Rs 75,000/ Rs 1,50,000/ Rs 2,00,000/

Following concession in Processing Fee are available for all variant of SGSP account holders on Home loan,

Auto loan, Xpress Credit loans (up to 31.12.2018)

Home Loan, Waived

Car Loan 50 % of applicable rates (minimum Rs.500/-+ service tax )

Xpress Credit 50 % of applicable Card rates

No interest concession is available for Home Loan, Car loan and Xpress Credit loan

Circular reference

Sl. No. : 1611/2016 - 17. Circular No. : NBG/PB/C&ITU-CSP/21/2016 - 17

Wednesday,March 15,2017.


DEFENCE SALARY PACKAGE PARAMILITARY SLARY PACKAGE

INDIAN COAST GUARD SALARY PACKAGE


Minimum Balance Required : NIL for all 4 variants

ATM cum Debit Card

issued free of cost with

Domestic Classic

ATM Cum Debit

Card

# Gold

International ATM

cum Debit Card

# Gold International

ATM cum Debit Card

# Platinum

International ATM cum

Debit Card.

# will be issued to those Salary Package account holders who

consent to issuance of International Debit Card


Annual maintenance

charges for ATM card

NIL

Free Transactions across

all Bank ATMs Unlimited(subject to daily limit as per card variant)


Rs.5 lakhs Rs. 5 lakhs Rs. 15 lakhs Rs. 20 lakhs


(death) cover

NA Rs. 5 lakhs Rs. 20 lakhs Rs.30 lakhs

Add on Cover

(Applicable in case

of Accidental Death)

i. Cost of Plastic Surgery / Burn (for Gold, Diamond, Platinum)– maximum Rs. 1 lakh

ii. Transportation of Imported Medicine (for Gold, Diamond, Platinum)- maximum Rs.

50,000/-

iii. Death after Coma after accident (more than 24 hrs) - Rs. 1 lakh

iv. Air Ambulance – maximum Rs.5 lakhs

v. Girl Child Cover:

a. Higher Education (only Graduation)- 10% of PAI cover, maximum Rs. 1 lakh

b. Marriage (18-25 age) – 10% of PAI cover, maximum Rs. 1 lakh

vi. Family Transportation - Rs.20,000/- (cost of travel incurred by immediate 2 family members

to reach place of accident)

vii. Repatriation of mortal remains – maximum Rs.10,000/-

internet Banking & Mobile

Bkg Facilities

Free of cost. However nominal charges are applicable on third party sites such as

IRCTC etc payable

Multi City

Cheques

(Payable at par at

all Branches)

NIL

NEFT/ RTGS Free


Savings Plus

(Auto Sweep Facility)

Threshold Amount:Rs.35,000/-

TDRs/STDRs to be created for a minimum amount of Rs.25,000/-

(and in multiples of Rs.1,000/-) in any one instance.

Concession in locker charges

No concession No concession 15% 25 %

Passbook updating at

non-home branch

Free of cost

Core Power

(a)Transact-ions

at Non home Br

(b)Transfer of

funds between

SBI branches

FREE

Cash withdrawal

Rs. 50,000/-

per day

free (self

only)

Free (self only) with no upper cap on amount

Setting up of standing

instruction Free

Draft issue Unlimited (if issued through salary package accounts)

Overdraft facility Up to 2 months net salary


Maximum Overdraft Limit Rs 40,000/ Rs 75,000/ Rs 1,50,000/ Rs 2,00,000/

E circular reference

Sl.No.: 950/2017 – 18 Circular No.: NBG/PB/C^ITU-CSP/6/2017 - 18

Date: Mon 13 Nov 2017

CONCESSIONS ON

LOANS

Margin concession

Home Loan

Loan up to Rs.20 lacs 5%

Loan above Rs.20 lacs up to Rs.75

lacs

Loan above Rs.75 lacs

Car Loan 5%

Processing Fees

Home Loan Waived

Auto Loan Waived

Xpress credit Waived

Pension loan Waived


ELIGIBILITY CIRTERIA FOR VARIOUS SALARY PACKAGES

SALARY PACKAGE SILVER GOLD DIAMOND PLATINUM

DSP- Army JCOs & Other Ranks Lieutenant,

Captain, Major

Lt Colonel and

Colonel

Brigadiers

,Major General,

Lt. General

,General

DSP- Navy Sea II, Sea I, Leading

Seaman, Petty Officer,

Chief Petty Officer,

Master Chief Petty

Officer-II and Master

Chief Petty Officer-I

Sub Lieutenant,

Lieutenant and

Lieutenant

Commander

Commander,

Captain

Commodore,

Rear Admiral,

Vice Admiral

and Admiral

DSP- Air

Force

Air Craft Man

,Corporal, Sergeant,

Junior Warrant Officer,

Warrant Officer,

Master Warrant

Officer, Non

Combatants (enrolled)

Flying Officer,

Flight Lieutenant,

Squadron Leader

Wing

Commander,

Group Captain

Air Commodore

, Air Vice

Marshal ,Air

Marshal , Air

Chief Marshal

DSP- GREF

(General

Reserve

Engineering

Force) also

known as BRO

(Border Road

Organisation)

Personnel Below

Officer Rank

Asst.

Engineer/Asst.

Administrative

Officer, Asst.

Executive

Engineer/

Administrative

Officer/ Medical

Officer II,

Executive

Engineer/Senior

Administrative

Officer/ Medical

Officer I

Superintendent

Engineer/ Joint

Director(Administ

ration)

Superintendent

Engineer

(Selection

Grade)/

Director(Administ

ration)

Chief Engineer,

Additional

Director

General,

Director

General

Indian Coast

Guards

Naviks, Uttam Naviks,

Pradhan Naviks,

Adhikari, Uttam

Adhikari,Pradhan

Adhikari,

Yantrik,UttamYantrik,P

radhanYantrik,Sahaya

kEngineer,UttamSaha

yak Engineer, Pradhan

Sahayak Engineer,

Enrolled Followers.

Deputy

Commandant,

Assistant

Commandant

Commandant(JG)

,

Commandant

Director

General,

Additional

Director

General,

Inspector

General, Deputy

Inspector

General

DSP Assam Buglers Riflemen and

Mule Drivers, Lance

Deputy

Commandant,

Commandant,

Second-in-

NA


Rifles Naik, Nalband,

Havaldar, Warrant

Officer, Havaldar

Major, Naib Subedar,

Subedar, Subedar

Major

Assistant

Commandant(Eq

uivalent to Lt. and

Capt in the Army)

Command(Equiv

alent to Major, Lt

Col and Col in the

Army)

Personnel at

this level are

being deputed

from Army and

DSP Army

would be

offered to them

Rashtriya

Rifles

Personnel in Rashtriya Rifles are on deputation from Indian Army and hence will

be covered under DSPArmy and offered DSP variant as per their ranks in Army.

PMSP –

Personnel of

CRPF,

CISF,BSF,

NSG,SSB,

ITBP,COBRA

Subedar Major,

inspector, Sub-

Inspector, Assistant

Sub Inspector, Head

Constable, Constable,

Enrolled follower

Deputy

Commandant,

Assistant

Commandant

Commandant,

Second-in-

command

Director

General,

Special Director

General,

Additional

Director

General,

Inspector

General, Deputy

Inspector

General

Central

Government

Salary

Package

Permanent

employees of

Indian Central

Governments,

Autonomous

Bodies,

Univ.,Permanent

employees of

NABARD, RBI

and Defence

Civilians,

CGDA,etc.

Gross Monthly Salary

between Rs.5,001 and

Rs. 20,000

Gross Monthly

Salary between

Rs.20,001 and

Rs. 50,000

Class I Officers,

Under Secretary,

Joint Director,

Dy. Secretary or

Employees with

Gross Monthly

Salary between

Rs.50,001 and

Rs. 1,00,000

Director, Joint

Secretary, Addl.

Secretary, Spl.

Secretary,

Cabinet

Secretary or

Employees with

Gross Monthly

Salary above

Rs. 1,00,000

State

Government

Salary Package

Permanent

employees of

State Govt. and

Union Territories

and permanent

employee of

Gross Monthly Salary>

Rs.5,000/- and up to

Rs.20,000/-.

Gross Monthly

Salary >Rs.

20,000 and up to

Rs. 50,000

Class 2

employees i.e.

Gazetted officers,

Asst. Directors

etc

OR

Employees with

Class 1

Executive

Grade 1 like

Commissioners,

Collectors, OD,

Directors, PS,

Secretary


Corporations/Bo

ards, etc in

States in Union

Territories,

including

Teachers/

Professors of

aided School,

Colleges,

universities, etc.)

Gross monthly

Salary >Rs.

50,000and up to

Rs.1,00,000

OR

employees with

Gross Monthly

salary>

Rs.1,00,000

Police Salary

Package

Police personnel

of Central Police

Organisations all

State

Governments

and Union

Territories

Police Head

Constable, Senior

Police Constable,

Police Constable,

Follower

Sr. Inspector of

Police, Inspector

of Police, Asst.

Police Inspector,

Police sub-

Inspector, Asst.-

Sub Inspector of

Police

Superintendent of

Police, Dy.

Commissioner of

police, Additional

Dy.

Commissioner of

Police, Dy.

Superintendent of

Police, Addl.

Superintendent of

Police, Asst.

Commissioner of

Police, Asst.

Superintendent of

Police

Director

General of

Police,

Commissioner

of Police,

Additional

Director

General of

Police, Joint

Commissioner

of Police

Special

Inspector

General of

Police

,Inspector

General of

Police, Addl.

Commissioner

of Police,

Assistant

Inspector

General of

Police Deputy

Inspector

General of

Police, Senior

Superintendent

of Police

Police Salary

Package

Personnel of

State Home

Guards

Steno, Clerical Staff,

Asst. Grade-2, Driver,

Hawaldar, Arakshak,

Peon, Sepoy, Aradali,

Follower

Registrar

(Lekhaadhikari),

MTI, MTO, Asst.

Quarter

Master,Office

updt.,Asst. Supdt.

Junior Staff

Officer,

District

Commandant,)

DG, IG, Addl.

Commandant

General,

Senior Staff

Officer


NRI SALARY PACKAGE ACCOUNTS

Variants NRE Salary SB Account NRO Salary SB Account

Eligibility Criteria a) If working for Indian employer and posted overseas or on ship: SBI should have a tie-up with the employer for opening domestic Resident Indian) salary account. b) If working for an overseas employer and posted overseas or on ship: NRI Salary Account to be opened subject to following: i) Minimum 10 NRI Salary Package accounts from a particular employer to be opened in the first instance. Thereafter, even single account can also be opened. ii) Please obtain one of the following documents evidencing that the applicants are working with a particular employer besides other identification documents required for KYC of the account as applicable from time to time:

Last month‟s salary slip

Copy of company Identity Card

Letter from HR of the company (The employer has to give a letter to the Bank for opening / marketing NRI Salary Package to its employees)

Account opening forms

Same NRI account opening application as applicable for opening of NRE SB and NRO SB accounts from time to time

KYC and other compliance

KYC related requirement will be applicable as applicable for opening of NRE SB and NRO SB accounts from time to time

Benefits Waiver of following charges: 1. SMS alerts charges 2. NEFT / RTGS charges for transactions done through INB 3. Multicity Cheque Books charges 4. Demand Drafts charges 5. PIS account opening charges 6. NRI Family Card issuance charges 7. Debit card issuance and annual maintenance charges for Premium version of international debit card for NRE salary account or premium version of domestic debit card for NRO salary account

In NRI Car Loan: Waiver of requirement of having an NRI account with SBI for at least twelve months with minimum average balance of Rs.50,000/- or opening of a new account with USD 5000/- or its equivalent as the initial deposit. However, account holder will be eligible only after 3 months of salary account opening and continuous credit of salary in the account.

NRI Home Loan processing charges : 50 % concession

Circular Reference NBG/PBBU/NRI-DEPOSIT/7/2016-17 dated 26.05.2016


SME CURRENT ACCOUNT

FEATURES CURRENT ACCOUNT (NORMAL)

SAHAJ CURRENT ACCOUNT

POWER POS (OD)

To provide basic banking facility to the low profile business community

Customers (All Segments) with our POS facility

MAB Rs. 10,000 Rs.1,000/- Rs.5,000/-

Penalty for non maintenance of MAB

Rs. 500/- + GST

Rs.300/- + GST

Rs. 500/- + GST

Penalty for closing the a/c within 12 months

Upto 14 days of opening Nil. After 14 days - Rs.1,000/-+ GST



A/c Keeping Charges

₹ 550/-+ GST p.a. ₹ 550/-+ GST p.a. ₹ 550/-+ GST p.a.

Cash deposit in Home Branch

Free upto Rs.25000/- per day : Beyond Rs.25000/- per day: Rs.0.75 per Rs.1000/-+ GST Mini Rs.50/- + GST Maximum Rs.20000/- + GST.

Cash Remittance per day: Max amount Rs 10,000 per day

Free upto Rs.25000/- per day : Beyond Rs.25000/- per day: Rs.0.75 per Rs.1000/-+ GST Mini Rs.50/- + GST Maximum Rs.20000/- + GST.

Cash deposit in Non home Branch

Maximum Limit for deposit of cash at Non Home branch is Rs.2 lakhs per day. Branch Manager of Non-home branch is vested with the powers to accept more cash.

Cash withdrawal in Home Branch

Unlimited - Free No cash withdrawal is permitted.

Unlimited - Free

Cash Withdrawal (Non-home branch)

„P‟ Segment – cash withdrawal self only Max Rs 50,000/- per day free.

SME‟ Segment – cash withdrawal self only Max Rs 1,00,000/- per day. Upto Rs.50,000/- free; Above 50,000 and upto 1 lac – Rs.2.50 + service tax per Rs.1000/- (Min.Rs.50 + S T per transaction. No cash payment to third parties. No cash payment of CAG/MCG/CMP cheques.

Cheque Book facility

First 50 Multicity cheque leaves free in a financial year. Thereafter Rs.3/- + GST per cheque leaf. Free ATM / Debit Card in the 1st year; charge from 2nd year onwards

Number of cheque leaves per financial year to be restricted to 25 leaves with a charge of Rs. 5 per leaf. Additional requirement of further cheque leaves may be permitted with a charge of Rs.10 per leaf. Drawings per cheque to be limited to Rs.15,000/- . Each cheque leaf to carry this inscription.

First 100 Multi City cheques free, thereafter 50% of the card rates. OD Facility : Available up to Rs 5 lakhs. Loan Amount: 25% of last 6 months transaction. Min: Rs 25000/- Max: Rs 5 Lacs


References

1. NBG/SMEBU-LIP/ 69 2014 – 15 dt. 25.03.2015 - Master Cir. CA 2. NBG/S&P-SP/1/2016 – 17 dt 10.06.2016 - Master Cir Inop. A/cs 3. NBG/BOD-GB/1/2017 – 18 dt 01.04.2017 – Service Charges

1. NBG/SMEBU-SME SAHAJ/9/2006 - 07 Tuesday, August 08,2006 – Base Cir. 2. NBG/SMEBU-SME SAHAJ/36/2007 - 08 Tuesday,February 19, 2008 – Cheques

1. NBG/TBULTP/ 4/2 016 – 17 dt. 09.08.2016– Revised 2. NBG/SMEBU-POS OD/4/2013 – 14 dt. 23.04.2013 - O.D. 3. BG/SMEBUPOWER POS / 11/ 2013 – 14 dt. 14.05.13 – Power POS


SME CURRENT ACCOUNT

FEATURES POWER PACK POWER GAIN

MAB Rs. 5,00,000 Rs.2,00,000/-

Penalty for non-maintenance of MAB

Rs. 2,500/- + GST

Rs.1,500/- + GST

Penalty for closing the a/c within 12 months



A/c Keeping Charges ₹ 550/-+ GST p.a. ₹ 550/-+ GST p.a.

Cash deposit in Home Branch

Free up to Rs.60 lacs per month Upto Rs.15 lacs free per month

Cash deposit in Nonhome Branch

Maximum Limit for deposit of cash at Non Home branch is Rs.2 lakhs per day. Branch Manager of Non-home branch is vested with the powers to accept more cash.

Cash handling charges (Home Branch)

Thereafter i.e. exceeding the above free limits, Rs.0.75 per Rs.1000/- + GST. Minimum Rs.50/- + GST; Maximum Rs.20000/- + GST @Deposit of cash free of charges within the overall monthly limit for Power gain and Power pack customers would include both Home and Non-home Branch

Cash withdrawal in Home Branch

Unlimited - Free Unlimited - Free

Cash Withdrawal (Non-home branch)

„P‟ Segment – Rs 50,000/- for self. „SME‟ Segment – Rs 1,00,000/- for self. No cash payment to third parties. No cash payment of CAG/MCG/CMP cheques.

Cash withdrawal in Non-home Branch (Charges)

Free

Free up to Rs.50000/- [Thereafter 0.1% of amt encashed] Min Rs.50/-

Drafts/Bankers‟ cheque Free [Rs.1.00/1000] ; Min-Rs.25; Max- Rs 5000

Multicity cheque facility

1000 cheque leaves free per month, thereafter Rs.2 per cheque leaf

200 cheque leaves free per month, thereafter Rs.2 per cheque leaf

RTGS/NEFT Free Free

Issue of duplicate statements

Free Free

Demat services Free in the name of the firm/corporate

Free in the name of the firm/corporate

SME Insta Deposit Card (SMEIDC)

Free Free

Business Debit Card (BDC)

Premium Pride

Out station Collection 25% of normal charges 50% of normal charges

References

1.NBG/SMEBU-SME POWER/26/2014-15 dt12.07.2014 – Schemes. 2.NBG/BOD-GB/1/2017-18 dt 01.04.2017 – Service Charges.


ASSET BACKED LOAN (ABL)

TARGET GROUP

All Business Units i.e. manufacturing and services activities along with self-employed and professional individuals & wholesale/retail trade. i. Existing Customer already availing credit facilities from us. ii. New units with marketable assets to offer as security. iii. Takeover of existing units from other Banks/ FIs with satisfactory track record. (Credit information report to be obtained)

Purpose For build-up of current assets and fixed assets needed for business purpose, capacity expansion, modernization, short term working capital (including shoring up of Net Working Capital etc).

Nature of Facility Fund Based (Drop-line Overdraft facility) and Non Fund based. NFB facility can be given; however, LTV ratio has to be maintained for the aggregate limits (FB+NFB) @ 50% of the realizable value. FB & NFB facilities have to be assessed separately in order to fix repayment programme for the fund based facility. NFB facility should be reviewed annually along with FB limit.

Loan Amount Minimum : >Rs.10 lakhs Maximum : Rs.20 crores

Assessment of limit

Upto Rs. 5 crore: Upto Rs. 5 crore, working capital credit limit to be computed at minimum 25% of projected turnover, subject to cash flow being sufficient to repay the amount Above Rs. 5.00 crores :Assessed Bank Finance (ABF). NFB facility :Minimum 25% cash margin for NFB facility.

LTV Ratio 50% of the Immovable Property

Interest rate One year MCLR + 230 bps 25 bps concession for obtaining ECR (only to the unit having ECR of “BBB+ and above”. Discretion for further reduction upto 50 bps (to be exercised judiciously by the sanctioning authority not below CCC-I for all sanctions falling within circle power on case to case basis). Discretion for further reduction upto MCLR one year (floating) + 130 bps (floor rate) - to be exercised by CCCC for all sanctions to counter competition on case to case basis. Concessions sanctioned within delegated concessionary powers will be reviewed every year at the time of review of the limits.

Repayment period

Limits can be sanctioned for periods ranging from 12 months to 180 months. No over-drawings permitted.

Moratorium under the scheme should not be more than 18 months based on activity. Interest to be serviced monthly during the moratorium period.

Security Collateral: • Immovable property (SARFAESI enabled) Third party Guarantee: Personal Guarantee from the Promoters/Partners/Directors of the Unit. • Personal Guarantee of the owner of the Collateral Security offered for Mortgage

Further, security which will be provided as collateral should not be linked with other loan / liabilities i.e. collateral property should be exclusive to ABL.


No Second Charge or Pari-Passu charge will be extended for other Bank/FI.

Stock Statement Quarterly Operational Data cum status of working capital funds statement on Quarterly basis. Drawing Power is not linked to Quarterly Operational Data However, current assets level as per quarterly operation data should be more than Limit.

Review/Renewal No renewal of limit. Review has to be carried out annually and put up to sanctioning authority under whose powers total/aggregate exposure to the borrowing unit/entity falls. On request from the borrower, drawing power can be restituted to the original level/level assessed by the sanctioning authority or cancelled, subject to the LTV norms applicable at the time of sanctioning/ restitution of limits. The restitution / sanction will be subject to availability of adequate Cash Flow to service the repayment during the residual period of the loan.

Inspection Half yearly inspection of property and unit/activity. During inspection, the QOD cum status of working capital funds statement as obtained from borrower shall be scrutinized at the time of inspection only to confirm the level of activity and end use of funds. Only digital inspection application to be used.

CRA rating SB-10 and below is not eligible for finance. In case, at the time of review, unit‟s internal rating deteriorates to SB-10 and/or lower, interest rate will be increased by 200 bps from the date of last audited balance sheet, on the basis of which CRA has been done.

(e-Circular Sl. No. : 195/2017-18 - NBG/SMEBU-SBI ABL/8/2017-18 dated 18th May 2017)


ELECTRONIC DEALER FINANCE

PURPOSE To provide finance to the dealers / distributors of Industry Majors for their purchase of Inventory

NATURE OF FACILITY

Cash Credit

ELIGIBILITY Dealers / Distributors having dealership agreement with the Industry Major. Comfort Letter / Introduction Letter from the Industry Major

LOAN AMOUNT Based on average monthly sales (actual or projected whichever is higher) x Credit period of the tie-up OR Limit recommended by the Industry Major, whichever is higher

MARGIN Nil

CHARGES Unified charges towards Processing Fee, Equitable Mortgage Charges, Facility Fee (Inspection Fee + Commitment Fee)

REPAYMENT Each and every debit in e-DFS account is treated as an invoice. Dealer / Distributor have to repay the invoice within the stipulated credit period. Minimum credit period depends upon the terms & conditions of the tie-up. It varies from 15 days to 90 days depending upon the realisation cycle of that particular Industry. Further, provision of Grace period ranging from 5 days to 30 days as per agreed terms with IM is also available.

MODE OF TRANSACTION

Transaction is executed through Internet Banking Platform. Cheque book is not issued under e-DFS and manual debit from Branch is not allowed.

* ELECTRONIC DEALER FINANCE SCHEME: LIST OF TIE-UP

S No Industry Majors (IM) Name 1 ACTION CONSTRUCTION EQUIPMENT LIMITED

2 APL APOLLO TUBES LIMITED

3 ARVIND LIMITED

4 ASAHI INDIA GLASS LTD

5 ASHOK LEYLAND HEAVY COMMERCIAL VEHICLES

6 ASHOK LEYLAND JOHN DEERE CONSTRUCTION EQUIPMENT CO

7 ASHOK LEYLAND LIGHT COMMERCIAL VEHICLE

8 ASHOK LEYLAND LIMITED POWER SOLUTIONS BUSINESS

9 ASIA MOTOR WORKS

10 ASIAN GRANITO INDIA LIMITED

11 BAJAJ ELECTRICALS LIMITED

12 BERI UDYOG PVT LTD

13 BOSCH LIMITED

14 BPCL PETROLEUM

15 BPCL LPG DIVISION

16 BPCL LUBES DIVISION

17 BRIDGESTONE INDIA PVT LTD

18 BAJAJ AUTO LIMITED

19 BHUSHAN STEEL LIMITED

20 CAVINKARE PRIVATE LIMITED

21 CHEMPLAST SANMAR LIMITED

22 CHEVROLET SALES INDIA PRIVATE LIMITED

23 CUMMINS INDIA LIMITED

24 DAIKIN AIRCONDITIONING INDIA PVT LTD


25 DELL INTERNATIONAL SERVICES INDIA PVT LTD

26 DAIMLER INDIA COMMERCIAL VEHICLES PVT LTD

27 DEEPAK FERTILIZERS AND PETROCHEMICALS CORPORATION

28 ESCORTS LIMITED CONSTRUCTION EQUIPMENT DIVISION

29 ESSAR OIL LIMITED

30 EVEREST INDUSTRIES LTD

31 ESCORTS LIMITED

32 FIAT GROUP AUTOMOBILES INDIA PRIVATE LTD

33 FORD INDIA LIMITED

34 GAIL INDIA LIMITED

35 GODREJ BOYCE MFG CO LTD

36 GODREJ CONSUMER PRODUCTS LTD

37 GREAVES COTTON LIMITED

38 GUJ COOP MILK MARKETING FED LTD

39 GULF OIL LUBRICANTS INDIA LIMITED

40 HALDIA PETROCHEMICALS LIMITED

41 MAHINDRA CONSTRUCTION EQUIPMENT BUSINESS(MCEB)

42 HINDUSTAN PETROLEUM CORPORATION LIMITED LPG

43 HINDUSTAN PETROLEUM

44 HNG FLOAT GLASS LTD

45 HONDA CARS INDIA LIMITED

46 HONDA MOTORCYCLE AND SCOOTER INDIA PVT LTD

47 HPCL MITTAL ENERGY LIMITED

48 HYUNDAI CONSTRUCTION EQUIPMENT INDIA PVT LTD

49 HYUNDAI MOTOR INDIA LIMITED

50 HAVELLS INDIA LIMITED

51 HINDUSTAN PETROLEUM CORPORATION LIMITED

52 HINDUSTAN UNILEVER LIMITED

53 HONDA MOTOR INDIA PVT LTD

54 INDIA YAMAHA MOTOR PVT LTD

55 INDIAN OIL CORPORATION PETROLEUM DIV

56 IOCL LUBRICANT DIVISION

57 ITC LIMITED PSPD

58 ITC LTD ESPB

59 INDIAN OIL CORPORATION LTD POLYMER

60 INDIAN STEEL CORPORATION LIMITED

61 INTERNATIONAL PAPER APPM LIMITED

62 INTERNATIONAL TRACTORS LIMITED

63 JAIN IRRIGATION SYSTEMS LTD

64 JCB INDIA LIMITED

65 JINDAL PIPES LIMITED

66 JINDAL STEEL AND POWER LIMITED

67 JSL STAINLESS LTD

68 JSW STEEL COATED PRODUCTS LIMIETD

69 JSW STEEL LIMITED NEW

70 JSW STEEL LIMITED OLD

71 JAGUAR LAND ROVER INDIA

72 JINDAL STAINLESS HISAR LIMITED

73 KAIL LIMITED

74 KAJARIA CERAMICS LTD

75 KEI INDUSTRIES LIMITED

76 KIRLOSKAR OIL ENGINES LIMITED


77 LARSEN AND TOUBRO LIMITED

78 LAVA INTERNATIONAL LIMITED

79 LG ELECTRONICS INDIA PVT LTD

80 MAHARASHTRA SEAMLESS LIMITED

81 MAHINDRA TWO WHEELERS LIMITED

82 MARICO LIMITED

83 MARICO LIMITED PUSH MODEL

84 MARUTI SUZUKI INDIA LIMITED

85 MARUTI SUZUKI INDIA LTD

86 MARUTI SUZUKI NEXA DEALERSHIPS

87 MAHINDRA MAHINDRA TRUCKS BUSES DIVISION

88 MAHINDRA AND MAHINDRA LIMITED

89 MAHINDRA AND MAHINDRA LTD FARM EQUIPMENT

90 MAHINDRA AND MAHINDRA SWARAJ DIVISION

91 NANDAN DENIM LTD

92 NATIONAL ALUMINIUM COMPANY LIMITED

93 NIKON INDIA PRIVATE LIMITED

94 NILKAMAL LIMITED

95 NAGARJUNA AGRICHEM LTD

96 NISSAN MOTOR INDIA PVT LTD

97 PATANJALI AYURVEDA LIMITED

98 PC JEWELLER LIMITED

99 PEPSICO INDIA HOLDINGS PVT LTD

100 PHILIPS LIGHTING INDIA LIMITED PLIL

101 PHILIPS INDIA LIMITED

102 PIAGGIO VEHICLE PRIVATE LIMITED

103 POLYCAB WIRES PRIVATE LIMITED

104 R R KABEL LIMITED

105 RAYMOND APPAREL LTD AND COLORPLUS FASHIONS LTD

106 RAYMOND LIMITED

107 RAYMOND LIMITED SHIRTING DIVISION

108 RELIANCE INDUSTRIES LIMITED

109 RELIANCE INDUSTRIES LIMITED PETROLEUM DIVISION

110 RENAULT INDIA PRIVATE LIMITED

111 SAIL OEM MODEL

112 SAINT GOBAIN GLASS INDIA LIMITED

113 SAMSUNG INDIA ELECTRONICS PRIVATE LIMITED

114 SAMSUNG SPD ABM TELE MOBILES INDIA PVT LTD

115 SAMSUNG SPD BALAJI CELLPHONE PVT LTD

116 SAMSUNG SPD INGRAM MICRO INDIA PRIVATE LIMITED

117 SAMSUNG SPD KARUNA MANAGEMENT SERVICES PVT LTD

118 SAMSUNG SPD MERCANTILE MARKETING PVT LTD

119 SAMSUNG SPD RAMKRISHNA AGENCIES

120 SAMSUNG SPD SAVEX TECHNOLOGIES PRIVATE LIMITED

121 SAMSUNG SPD SHREE SANT KRIPA APPLIANCES PVT LTD

122 SAMSUNG SPD SREE BEHARIJI MILLS PVT LTD

123 SAMSUNG SPD UNI COM INDIA PVT LTD

124 SENCO GOLD LIMITED

125 SIMPOLO VITRIFIED PVT LTD

126 SML ISUZU LIMITED

127 SOMANY CERAMICS LTD

128 SONY INDIA PVT LTD


129 STEEL AUTHORITY OF INDIA LIMITED PUSH MODEL

130 SAME DEUTZ FAHR INDIA P LTD

131 SHELL INDIA MARKETS PRIVATE LIMITED

132 STEEL AUTHORITY OF INDIA LIMITED

133 SUNDARAM AUTO COMPONENTS LIMITED

134 SUZUKI MOTORCYCLE INDIA PRIVATE LTD

135 TAFE MOTORS AND TRACTORS LIMITED

136 TATA BLUESCOPE STEEL LIMITED

137 TATA CHEMICALS LTD

138 TATA HITACHI CONSTRUCTION MACHINERY CO PVT LTD

139 TATA INTERNATIONAL LIMITED

140 TATA MOTORS PV SPARES

141 TATA STEEL LIMITED EDFS PUSH MODEL

142 TITAN COMPANY LIMITED EYEWEARDIVISION

143 TITAN COMPANY LTD WATCHES ACCESSORIES DIVISION

144 TMLPVBU

145 TVS MOTOR COMPANY LTD

146 TATA MOTORS LIMITED CV SPARES

147 TATA MOTORS LTD COMMERCIAL VEHICLES

148 THE BOMBAY DYEING AND MFG CO LTD

149 TITAN COMPANY LTD JEWELLARY DIVISION

150 TOYOTA KIRLOSKAR MOTOR PRIVATE LIMITED

151 TRACTORS AND FARM EQUIPMENT LIMITED

152 UNIVERSAL DIGITAL CONNECT LTD

153 V GUARD INDUSTRIES LTD

154 VE COMMERCIAL VEHICLES LTD

155 VECV UNIT VOLVO TRUCKS INDIA

156 VIDEOCON INDUSTRIES LIMITED

157 VOLTAS LIMITED

158 VOLTAS LIMITED PUSH MODEL

159 VST TILLERS TRACTORS LTD

160 VALVOLINE CUMMINS LIMITED

161 WIPRO ENTERPRISES LIMITED

162 WELLKNOWN POLYESTERS LIMITED

163 GUJARAT STATE FERTILIZERS AND CHEMICALS LIMITED (GSFCL)

164 MAHINDRA CONSTRUCTION EQUIPMENT BUSINESS(MCEB)

165 SC JOHNSON PRODUCTS PVT LTD (SCJPPL)

166 SINTEX INDUSTRIES LTD

167 JYOTI STRIPS PVT. LTD (JSP)

168 J K Paper Ltd. (JKPL)

169 UPL LTD

170 INTEX TECHNOLOGIES(INDIA) LTD

171 FORCE MOTORS LTD.

172 RELAXO FOOTWEAR

173 IFB INDUSTRIES

174 SUGUNA FOODS PVT LTD

175 SYSKA LED PVT.LTD

176 BRAHMAPUTRA CRACKERS AND POLYMERS LTD (BCPL)

177 SWAL CORPORATION LTD

178 JINDAL STAINLESS HISSAR LTD.(

179 COLGATE PALMOLIVE (INDIA) LTD (COLGATE).

180 SOLAR INDUSTRIES INDIA LIMITED (SIIL)


MODIFIED NEW TRACTOR LOAN SCHEME Parameter Detail

Borrower Individual, Group of individuals like JLG/SHG, Institutions/ organizations. Borrower should possess a minimum land holding of 2 Ac.

Annual Income Regular income either from own farm activity or custom hiring from tractor and accessories to be purchased.

Security Hypothecation of Tractor-Primary Security Mortgage of Land-Collateral Collateral: Registered/equated mortgage of land belongs to the applicant (s) for value not less than 100% of the loan amount or third-Party guarantee, good for the amount involved or any other approved liquid security.

Margin 25% of tractor and accessories (including insurance registration charges)

Assessment- Credit Scoring

Proposals with 71 & above Good

Proposals with 40-70 To be considered after credit enhancement or to be referred to higher authority

Proposals with 40& below Not to be considered

Repayment Maximum repayment in 5 years. Minimum amount of Rs.1,000 per month per lakh of loan limit should be recovered to maintain connectivity with the borrower Negotiated Repayment instalments may be fixed at Quarterly/Half Yearly /Yearly for the remaining interest and principal amount synchronizing with cash flows / harvesting period of crops. EMI by Post Dated Check (PDC).

Rate of Interest One Year MCL +3.30% For prompt repayment, further concession of interest @1.0% by way incentive will be extended to the borrower, available on interest recovered between 1st of July to 30th of June

Upfront fee 0.50% of loan amount.

Turn Around Time (TAT)

3 days from the day of submission of all the required papers.

Dealer Incentive on loan Amt

0.50%

DSE Incentive on loan Amt

0.25% (Max Rs.3000/-).

Penalty Penal interest for failure to get the vehicle Registered within one month from the date of delivery attracts: 2% for the period of default for the borrower (to be Recovered by branches).

Reference E Circular Sl no.748/2017-18 dated 03/10/2017


STREE SHAKTI TRACTOR LOAN SCHEME Parameter

Detail

Scheme Stree Shakti Tractor Loan (Without Collateral)

Stree Shakti Tractor Loan (With Gold ornaments/NSC/ TDR as Collateral)

Borrower The loan shall be sanctioned with woman as co-borrower. Borrowers to maintain SB & should be 6 months old. Applicants to be relatives as specified by the bank.

Land holding Minimum 2acresin the name of borrower(s). Proof of land holding required

Annual Income Minimum Net Annual Income of applicant / co-applicant together to be Rs.1.50 lacs.

Collateral security Without collateral security 30% in the form of Gold ornaments (as per advance value) / Time Deposits / NSCs.

Mortgage of land is not envisaged as loan outstanding is expected to be covered by realizable value of the primary security / collateral security obtained.

Assessment – Credit Scoring

Proposals with 56 & above Good

Proposals with 40-55 To be considered after credit enhancement or to be referred to higher authority

Proposals with below 40 Not to be considered

Margin Tractor-25%-50%. Accessories-50%

10%(Minimum)

Repayment Maximum 36 months Maximum 48 months

Moratorium :1 month EMI/NMI not to exceed 60% EMI by Post Dated Check and standing instructions

Rate of Interest Interest rate is linked to margin brought by applicant.

Margin % p.a 310 bps above 1year MCLR

25% 3.20 above 1 year MCLR



Penal interest @ 1% p.a. for the period of irregularity – Penal interest for failure to get the vehicle Registered within one month from the date of delivery attracts: 2% for the period of default for the borrower (to be Recovered by branches).

Upfront fee 1.25% of loan amount. 0.50% of the loan amount


3daysfrom the date of submission of all the required papers


0.50%


0.25% (Max Rs.3000/-).

Reference E Circular Sl no.749/2017-18 dated 03/10/2017 E Circular Sl no.752/2017-18 dated 03/10/2017


TATKALTRACTOR LOAN (TTL) (MORTGAGE FREE) Parameter Detail

Borrower All farmers individuals/joint borrowers who are owner cultivators.

Land Minimum land holding of 2.00 acre.

Target group High Net worth farmers who are capable of purchasing tractor with cash ( minimum 70% of the cost of tractor)

Margin 25/40/50%of the cost of tractor including insurance+ Registration charges. Margin is kept as TDR with Zero rate of interest, lien is marked.

Quantum of loan 100% (Tractor cost+ Insurance + Registration charges). Cost of accessories not to be included

Credit Scoring Credit Score of 70 & above are only to be considered for sanction

Security Primary: Hypothecation of tractor finance by the Bank. Collateral: Lien on TDR accepted as Margin Money.

Rate of Interest Margin Applicable rate

25% MCLR+3.25% p.a

40% MCLR+3.10% p.a

50% MCLR+3.00% p.a

Upfront fee 0.50% of loan amount.


2 days from the day of submission of all the required papers.


Dealer whose tractor referrals translated to sanctions at branches up to 10 tractors per month : 1% of loan limit ( Max 5,000 ) (75:25) Dealer whose tractor referrals translated to sanctions at branches above 10 tractors per month: 1.4% of loan limit (Max.7000) from 11th tractor onwards.


A fee of 0.5%/0.7% of the loan amount (maximum Rs.2,000 /3,500) will be paid as an incentive to Dealer Sales Executive (DSEs) for the loan applications sourced by them at all Centres, after the lien is noted in the RC book

Reference E Circular Sl no.751/2017-18 dated 03/10/2017


SBI ASSET BACKED AGRI LOAN (PREMIUM KISAN GOLD CARD)

Parameter Detail

Target group Existing and New farmers (Medium/large farmers) / Agri entrepreneurs, Good borrowers banking with other banks, Corporate farmers, partnerships and Companies

Purpose To provide hassle free finance to farmers/Agri. entrepreneurs for High tech and High value agri business. To meets the short term production and investment credit

Quantum of Loan Loan limit will be fixed on the basis of 5 times of Annual Income of applicant from all verifiable sources or 65% of the value of SARFASEI compliant Land/Building mortgaged to Bank whichever is less. Minimum Loan amount: Rs.3.00 lakhs and above Maximum Loan amount: Rs.200.00 lakhs.

Interest rate 1 year MCLR (Floating) + 2.00% p.a.(No interest subvention)

Security Primary: Hypothecation of standing / future crops & assets created out of Bank Loan. Collateral: SARFAESI compliant immovable property (Land/Building) for value not less than 155% of the loan amount. Property to be within a radius of 25 km from the Branch (Controller may decide beyond 25 km)

Assessment of credit limits

Production Credit: Based on KCC methodology. Investment Credit: Based on project cost of each activity.

Margin 15-25%

Repayment OD limit for a period of 12- 72 months. For limits upto 50 lakhs & Drop line overdraft fir limits above 50lakhs, i.e DP shall be reduced monthly. Reviewed annually. Overdraft fully liquidated at the end of the period. No over drawings will be permitted.

Penal interest 1% per annum from the day of overdue / irregularity, if the overdue is more than 30days from the date of default

Reference E Circular Sl No.994/2017-18 dated 22.11.2017 – Updated upto 31.10.2017 E Circular SlNo.750/2017-18 dated 03.10.2017 – Updated upto 30.09.2017


REVISED KISAN CREDIT CARD SCHEME (KCC)

Purpose/ Objectives

To meet the short term credit requirements for cultivation of crops b. Post-harvest expenses c. Consumption requirement of farmer household d. Working capital for maintenance of farm assets and activities allied to agriculture like dairy animals. e. Investment credit requirement for agri like farm machinery and allied activities to agriculture like dairy animals, etc and repayable within a period of one year.

Eligibility Farmers –individuals /joint borrowers who are owner cultivators.

Tenant farmers, oral lessees and share croppers etc

Self Help Groups (SHGs) or Joint Liability Groups ( JLGs) of farmers including

tenant farmers, share croppers etc.

Fixation of limits

There is no minimum/maximum ceiling for loan amount. Also there is no margin for crop loans under KCC. The quantum of crop loan will be determined on the basis of cropping pattern, the Scale Of Finance (SOF) per unit area (i.e., acre) of the crop (s) to be raised, the extent of the land to be cultivated and unforeseen contingent needs. The Scale of Finance (SOF) which is the crop-wise estimate of the cost of cultivation and loan requirement are worked out and prescribed by the District Level Technical Committee (DLTC) for the various crops grown locally in the district.

Marginal farmers will be sanctioned a composite limit (as Flexi KCC limit) of Rs.10,000/- to Rs.50,000/- based on the land holding and crop grown + small term loan investments, (repayable in one year) without relating to the value of land.

Other than Marginal farmers : KCC limit ( Maximum Permissible Limit ) shall be sanctioned for 5 years based on the short term loan requirements and Investment credit requirement of small value in the nature of farm equipment, etc;

10% of limit for Post-harvest/household/ consumption requirements

20% of limit towards repairs and maintenance expenses of farm assets, crop insurance, personal Accident Insurance Scheme (PAIS) and asset insurance. For every successive year, 2nd, 3rd ,4th & 5th years, the limit will be stepped up @10 % Investment credit requirement of small value.

Maximum Permissible Limit : The short term loan limit arrived for the 5th year plus estimated investment loan requirement (highest among the five years) will be the Maximum Permissible Limit (MPL) and sanctioned as the Kisan Credit Card Limit

Maximum Drawal Limit: Short term loan limit assessed for the first year or for the 2nd to 5th year plus the estimated investment credit limit required will be the Maximum Drawal Limit (MDL) allowed in the account, for the particular year.

Sanctioning authority

As per the Delegation of Financial Powers vested with sanctioning authority by the respective Circles.

Disbursement ATM enabled KCC RuPay cards can be issued. The KCC limit is in the nature of revolving cash credit facility. There should be no restriction on the number of debits and credits. The drawing limit for the current season/year could be drawn from any one of the Any Time channels, Operations through Cheque facility, GCC/ATM, Internet Banking

NEFT/RTGS etc.


Nature of account

KCC is in the nature of revolving cash credit. Credit Balance in the account is eligible for receipt of interest at Savings Bank rate

Validity KCC Limit is valid for 5 years, subject to annual review. Revival letters to be obtained before expiry of 3 years as per Limitation Act.

Rate of interest /Interest subvention

Rate of interest for KCC account is based on the Maximum Drawing Limit and not on Maximum Permissible Limit. The rate of interest will be linked to One Year MCLR (Marginal Cost of Funds Lending Rate) of the Bank. . At present, rate of interest for raising short term crop loans up to Rs.3.00 lacs per season / per famer will be charged @7% p.a (fixed) as per Government of India (GoI) directives. It is subject to GoI providing 2% p.a interest subvention to Bank on such advances. For loans above 3 lac, ROI is 1 year MCLR + applicable spread (presently 1 year MCLR + 3.25% i.e. 11.25%)

Documents A one-time documentation at the first time of availment of KCC loan and thereafter simple declaration (about crops grown/proposed)) by farmer from the second year onwards.

AB1 / ABI –simple - Agreement for Hypothecation AB2- Guarantee Deed AB3- Mortgage deed Arrangement letter duly accepted by the borrower.

Repayment

The repayment period may be fixed as per the anticipated harvesting and marketing period for the crops for which a loan has been disbursed Repayment due dates based on cropping pattern are as follows:- Further, wherever warranted, the repayment due dates may be relaxed/changed based on valid reasons.

Security Primary : Hypothecation of crops grown/assets to be created out of bank finance Collateral : For KCC limit upto Rs.1 Lakh : Nil Above Rs.1 lakh : Equitable Mortgage/ Registered Mortgage of land /immovable property as applicable, the value of which is 100% of the loan amount. Alternative security like NSC or TD or any other acceptable liquid security.

Processing fee / inspection charges /other charges

Processing charges/ inspection charges / other charges should be recovered on the basis of Maximum Drawing Limit and not on Maximum Permissible Limit for each year. Processing charges / inspection charges / other charges will be determined by Bank from time to time. (e circular Sl.No. 595/2017-18 dated 29.8.2017)

Insurance Mandatory: KCC are to be covered under Pradhan Mantri Fasal Bhima Yojana ( PMFBY). All farmers growing notified crops in the notified area are eligible for insurance coverage. Asset Insurance, Personal Accident Insurance Scheme (PAIS), and Health Insurance (wherever product is available) are optional and premium paid through KCC account. Premium has to be paid borne by farmers /bank according to the terms of the Scheme. Farmer beneficiaries should be made aware of the insurance cover available and their consent (except in case of crop insurance, it being mandatory) is to be obtained.

TAT 3 days after completion of all required formalities


Other Terms and Conditions

No pre-payment charges will be levied.

Service Area concept will not be applicable. A Benchmark of 15 km radius for normal branches and 25 km radius for ADBs may be followed in respect of new advances/customer acquisition. The existing borrowers beyond the area specified above may be migrated to the nearby branches, if any.

One time documentation at the time of first availment and thereafter simple declaration (about crops raised / proposed) by farmer from the second year onwards provided the documents are in order or renewed in 5 years.

Reference Master Circular Sl No:660/2017-18 dated 15.09.2017


Financing against Paddy Receipt Sheet(PRS) under tie up with SUPPLYCO

Sl No Title Particulars

1 Product Financing against Paddy Receipt Sheet(PRS) under tie up with SUPPLYCO

2 Product Code 6530 1157

3 Target Group Paddy growers registered with SUPPLYCO

4 Scope for financing Provide short term agriculture OD/ ACC facility to registered paddy growers against Paddy Receipt Sheet issued by SUPPLYCO. This loan will not be eligible for Agri. Interest Subvention

5 Eligibility The Registered growers having Kisan Credit Card Limit with our Bank, and those not having KCC with any Bank can be considered for sanction of this tie up loan. If the registered grower, has existing Kisan Credit Card limit with one or more other financial institutions, the Bank having the oldest KCC limit shall sanction the loan, unless the other lenders convey their “no objection “.

6 Age Age of the individual borrower shall be between 18 and 70 years. If he/she is above 70 years, the next of kin has to become a party to the loan

7 Facility ACC against receivables

8 Quantum of Loan Loan amount should be restricted to the maximum value of the produce sold by the farmer. Quantity of paddy sold is mentioned in the Paddy receipt sheet (PRS). Loan amount is to be arrived with the value at which SUPPLYCO procures the paddy. For the current season, SUPPLYCO is paying Rs.23.30 per kg. Rate of procurement is decided by Government and change if any from time to time shall be intimated and shall be made available in the LHO ABU site Eg. If 4000 kg of paddy is sold, Maximum loan amount will be 4000 * Rs.23.30 = Rs.93,200/-

9 Margin Nil

10 Rate of interest 9.50%(MCLR +0.50% to 1.50%=9.50%)

11 Sanction Process a. The registered paddy grower will submit the loan application along with Paddy Receipt Sheet (PRS) to the Branch b. Branch will verify the genuineness of the Paddy Receipt Sheet from SUPPLYCO portal www.supplycopaddy.in. c. Branches to take Printout of the PRS from the site and to be signed by the borrower and kept along with documents. d. Loan to be sanctioned as per eligibility, the same day, Documents to be obtained and loan is to be opened in CBS. e. Loan account number and sanction details will be intimated to the respective nodal officer (Details of Nodal Offices given in Annexure VIII) through email in the format given in the Annexure VII. Authorization letter submitted by the customer

http://www.supplycopaddy/


(Annexure VI) also to be scanned and sent to the nodal officer f. Nodal officer will consolidate the data received from Branches and submit to the respective Paddy Payment Officer on a daily basis through email and to send by hand/post as a confirmation

12 Sanction As per delegation of financial powers

13 Processing Fees

Nil

14 Documentation PRS copy from SUPPLYCO portal www.supplycopaddy.in (Self Attested by the borrower). KYC documents Two copies of photograph Application, Arrangement letter and appraisal form (Annexure III, IV & V) Hypothecation agreement (AB1) Authorization letter from the paddy grower to register the charge in favour of the Bank (Annexure VI) Stamp duty as applicable to the document executed shall be borne by the borrower

15 Disbursement After receipt of the list of sanctioned cases from Nodal Offices, the concerned Paddy Payment Officer of SUPPLYCO will note the charge in favour of the Bank in their data base.. Thereafter, Payment Order will be issued by the respective Paddy Payment Officers to the nodal office. Nodal Officer will keep the Original with them and send a scanned copy by email to the respective Branches. Branches shall disburse the proceeds of the loan only after getting the copy of the Payment Order issued by the SUPPLYCO from their nodal office. The Branches will match the particulars of borrower including loan account number in the Payment Order and after satisfying the correctness thereof, the loan amount will be disbursed. The Bank may withhold the disbursement if any discrepancy is noted. Discrepancy is to be advised to Nodal Officer for rectification. Nodal Officer to take up with Paddy payment office for rectification of errors if any. Branches to feed the disbursement date in the SUPPLYCO web portal www.supplycopaddy.in Disbursement of loan against PRS will be made by credit to KCC account (if existing) or Savings Bank account (if no KCC account exists). New KCC accounts can also be canvassed in this process.

16 Security Primary : Charge created in favour of the Bank on the procurement money receivable by the borrower from SUPPLYCO Collateral : NIL

17 Repayment Interest will be recovered along with principle in one lump sum with in 3 months from SUPPLYCO (maximum period is 6 months).




Branch has to maintain a register with details of loan and to ensure that repayment is received with interest Non receipt/ short receipt of amount to be duly taken up with Nodal Officer. SUPPLYCO has agreed to repay the loan with interest (@ 9.50% compounded at monthly rest) as a single payment, at the end of three months from the date of disbursement. Nodal offices, should submit a consolidated claim report on the amount due with interest one month prior to the due date to SUPPLYCO. Each Paddy procurement office will open an account with our Bank and shall credit the amount payable as per the Payment order along with the up-to-date interest and other charges to the account with in the due date. Nodal office should arrange to pass on the repayment amount to the respective Branches on the same day itself and advise the Branches. The credit balance in the loan account, if any, after recovering the dues of the Bank, shall be passed on to the beneficiary.

18 Insurance No insurance required

19 Turn Around Time (TAT)

Sanction and Submission of details to Nodal Office: : 1 day Submission of sanction details by Nodal Office to Paddy Payment office : 1 day Disbursement on receipt of Payment Order: 1 day

20. Validity of MoU with SUPPLYCO

The validity of the Scheme is till 30.09.2020 or as advised from time to time.

Reference LHO Thiruvananthapuram circle – e circular ABU/2/17-18 dated 27.10.17


ATAL PENSION YOJANA (APY)

Target segments of APY

The APY will be focused on all Citizen of India, especially those in the Un-organised sectors, who do not have any formal pension provision

Administration of the scheme

APY is a Government Scheme administered by PFRDA through NPS architecture

Age of entry 18-40 years

Eligibility Any Citizen of India

APY Account The accounts can be opened through bank / post office where savings bank account is maintained

How is Contribution Amount paid?

The monthly / quarterly / half yearly contribution is payable by auto debit facility from the subscribers Savings Bank account

Eligibility for receiving Government of India‟s co-contribution.

50% of the total annual contribution amount or Rs. 1000 p.a. whichever is lower. This co-contribution from GOI is for 5 years available for those who are not covered by any Statutory Social Security Schemes and are not Income Tax payers who join the scheme before 31.03.2016. (e circular Sl.No.1339/2015-16 dt 1.2.2016)

Benefits of APY Assured monthly pension of Rs.1000, Rs.2000, Rs 3000, Rs 4000 & Rs.5000 to the subscriber and spouse which is guaranteed by the Govt. of India. Subscribed amount is exempted from income tax under section 80 CCD (1B)

Documentation A single application form containing Self-Declaration and Authorisation for auto debit

Late Payment Penalty of Rs.1 per month for contribution of every Rs.100 or part thereof for each delayed monthly contribution

Switch Option The subscriber can opt for increase or decrease the pension amount during the course of accumulation phase. Mode of payment can also be switched from monthly to quarterly or half yearly. The switch options will be entertained every year during April Month only.

Latest updates available at www.jansuraksha.gov.in.

Reference E circular Sl.No.1226/2016-17 dt 19.12.2016 Sl.No. 1370/2016-17 dt 16.01.2017 Sl.No.179/2017-18 dt 11.5.2017 Sl.No.704/2017-18 dt 26.9.17


SUKANYA SAMRIDDHI SCHEME

Objective To promote the welfare of Girl Child

Authorized Institutions Post Office and Commercial Bank branches authorized to open PPF accounts

Who can open the account A natural/legal guardian on behalf of a girl child till she attains the age of 10.

Minimum and Maximum Amount of Deposit

Minimum Rs.1000/-with multiple of one hundred rupees thereafter with a ceiling of Rs.150000/- in a financial year.

Tenure of the Deposit 21 years from the date of opening of the account.

Maximum period upto which deposits can be made

15 years from the date of opening of the account.

Interest on Deposit As notified by the GOI, compounded annually calculated on lowest balance between 10th and last day of the month.

Irregular Payment/Revival of accounts

By payment of penalty of Rs.50 per year along with the minimum specified amount per year.

Premature Closure (i) On the death of the account holder the account shall be closed immediately on production of death certificate issued by competent authority. In this case the interest will be paid till the date of death of account holder. No penalty to be imposed for failure to deposit the minimum stipulated amount of Rs.1000/- in a year. (ii) If the account holder becomes a non-citizen or NRI after opening of account, the account shall deemed to be closed prematurely from the date of change of status & no interest shall be deemed to accrue to the account from such date. (iii) In case of extreme compassionate grounds such as medical support in life threatening disease of the Account holder or the death of the guardian, it may after complete documentation, by order and for reasons to be recorded in writing can allow premature closure of the account without seeking the permission of the Ministry. This can only be allowed on completion of 5 years from the opening of such account. No penalty to be imposed for failure to deposit the minimum stipulated amount of Rs.1000/- in a year. (iv) The premature closure of an account may also be permitted any time for any other reason than provided above (i to iii) without seeking the permission of the Ministry .In this case the whole deposit shall be eligible only for the interest rate prescribed for the Post Office Saving Bank account and marriage of girl child after 18 years of age.

Withdrawal Permissible only after the girl child attains 18 years of age or has passed tenth standard whichever is earlier. An account under default should be regularized before the withdrawal is allowed. 50% of the balance lying in the account as at the end of previous financial year for the purpose of higher education after the completion of matriculation.

E Circular Sl.No.91/2017-18 dated21.04.2017 181/2015-16 dated 14.5.2015

Latest updates available at www.rbi.org.in


DIGITAL BANKING PRODUCTS

YONO (You Only Need One): Full service digital platform to facilitate financial and lifestyle needs customers Omni channel (available on web, tab and mobile) Online account (Insta Account) opening facility

1. No Branch visit needed for customers 2. Paperless account opening 3. Validation using SMS OTP based KYC process from AADHAAR 4. Full KYC needs to be completed within 12 months of account opening 5. No Cash transaction services 6. Cheque book will not be issued to the customer

Digital Savings Bank Account 1. No paper based Account opening form (AOF) to be filled in by the customer 2. Domestic customers with Aadhaar card and PAN Card can avail this facility 3. Most of the customer information is entered by customer through their device and

final KYC verification only done by branch intervention. Non-banking financial products available under Financial Super Store

1. Customers will not be required to create a separate login credentials 2. Products and services of „SBI Cards & Payment Services Private Limited‟ (SBI

Card) 3. SBI General Insurance offers offer General Insurance products 4. SBI Life Insurance offers individual life insurance products 5. SBI Mutual Funds will offer purchase and withdrawal facility in various mutual fund

schemes 6. SBI Capital Securities offers Savings, Trading &Demat accounts

Online Market Place (OMP) available 1. A one-stop-solution for all the lifestyle and shopping requirements of a user 2. Access a wide range of “Beyond Banking” products from multiple e-Commerce

partners 3. Personalized offers to the users, based on various parameters like demographics,

online activity, social media behavior etc Online pre-approved personal loan (PAPL) available

1. Loan amount from Rs.25,000/- to Rs.1,00,000/- 2. Tenure from 6 months to 12 months 3. Processing fee: Nil 4. No requirement of physical documentation. 5. Post login the user is displayed a pre-approved loan offer notification on the home

page. 6. Customers can instantly get credit of the loan amount clicking the link and

proceeding with OTP validation.

RETAIL INTERNET BANKING (RINB): Offers customers facility to get online – Anytime, Anywhere. Facilitates convenient, secure, fast and paperless banking transactions like all types of

Funds Transfer, Utility Bills payments etc. New facilities like Online OD against TDR / STDR, Online application for Home Loan/

Car Loan, changing home branch of the SB account etc, apart from other existing facilities like Mobile / DTH Recharge, Cheque Book Request, Standing Instructions donations etc.


CORPORATE INTERNET BANKING (CINB): Banking facility available to single / multi users under various types of CINB like Khata,

Khata Plus, Saral, Vyapaar and Vistaar. No need to visit branch premises for sundry banking requirements like statement

printing, cheque book request, tax payments etc. Bulk uploads of salary / vendors payments. MIS reports available for corporate

customer.

GREEN CHANNEL COUNTER (GCC): No queue banking but saves time. Fund transfer can be done by customer himself at branch premises. No need to fill up deposit / withdrawal slip by customers. Rs.40,000/- as a combined daily limit for cash withdrawal and fund transfer.

GREEN REMIT CARD (GRC): Unique facility for migrant customers / non-customers for non-home cash remittance,

without any compulsion to open account for cash remitter. No need to fill up deposit slip by customers. No long queues for remitter at branch premises.

BAR CODE BASED PASSBOOK PRINTING KIOSK (SWAYAM): Passbook printing facility available on Kiosk 24 X 7 for customers by themselves. Free of Cost, empowering facility for customers. No waiting required, thus saves time. Easy visual/audio user interface, available in 3 languages, including Malayalam

language. STATE BANK BUDDY: A Mobile Wallet, available for both customers / non-customers, available on Android

Smart phones. Limit of Rs.20,000/- for No KYC Wallet and Rs.50,000/- for full KYC Wallet.

Offers a host of facilities like booking of flight/ Bus / hotel /movie tickets, send / ask money to/from any contact of his choice.

Can be used by Anyone, Anytime and Anywhere No charges for add money, send money or ask money within the App.

CASH DEPOSIT MACHINE: No need to visit the branch. No need to stand in long queue. No need to fill in Pay-in-slip and write denomination. Customer can deposit cash at any CDM, Available 24 X 7

SBI QUICK:

Missed Call / SMS Banking (Works on SMS; No Internet required)

Real time ATM Channel Usage Management

Avail Social Security Scheme: PMSBY, PMJJBY


STATE BANK SAMADHAN:

Information at your fingertips Trigger sending of Account related Statements and Certificates Call TOLLFREE or Branch Submit & Track Complaints (on CMS) Tools Like EMI Calculator, Holiday Calendar

STATE BANK ANYWHERE - PERSONAL

State Bank‟s mobile banking application for retail users. It is a safe, convenient and easy to

use application with a host of features to help users manage their banking on the move. It is

available in Google Play Store, IOS App store and Windows marketplace. Do not use any

other website for downloading this application.

Requirements:

A smart phone with Android (OS 2.3 or above) and/or Apple (with IOS 4.1 or above) and/or and Windows (OS 8.1 or above)

Internet connectivity like GPRS/EDGE/3G/Wi-Fi. SBI Debit card or Internet Banking User Name and Password. Login using easy PIN available.

Registration Process:

Existing State Bank Anywhere/INB users should perform one-time activation in State Bank Anywhere Personal app with their existing State Bank Anywhere/INB credentials.

Existing Freedom users can register for State Bank Anywhere Personal and Internet Banking using Freedom‟s user-ID and MPIN.

Registration of new users for State Bank Anywhere/INB can be done using Debit Card details through the 'New User Registration' option.

For detailed account of the registration process an option “How do I” can be accessed.

Features:

Financial Transactions Non - Financial Transactions

Fund Transfers within SBI & other Banks to already registered beneficiaries using NEFT/RTGS/IMPS/UPI modes

m-Passbook

Quick Transfer without having to register beneficiary

ATM cum Debit card hot listing

Post-paid bill payment (with or without bill) Debit Card Blocking

Mobile Top -Up and DTH Recharge Cheque Book Request

Utility Bill payments for already registered billers

Generate/cancel/retrieve MMID

mCash Facility Online e-Locker Enquiry

Instant Term Deposits - e-TDR/e-STDR and Recurring Deposits

Aadhaar Linking/LPG consumer ID linking

Credit card ( VISA ) transfer with /without one time password (OTP)

TDS Enquiry

Prepaid Cards top-up Online Nomination

Merchant Payments through Bharat QR Creating/retrieving/cancelling MMID


Transaction Limits:

Transaction Types Daily Limit Charges

Credit Card (VISA) Bill Pay (Per day Max. 100,000/-) Rs. 15 Per transaction (Incl. of taxes)

mCash Rs. 2,501 per transaction, Rs. 5,101 per day per user& Rs.11,101 per month

Rs. 2.50 Per transaction (Incl. of taxes)

Funds Transfer (Own Accounts)

Up to a cumulative of Rs. 2,00,00,000/- per user

Nil

Instant Term Deposits – e-TDR/e-STDR

Up to a cumulative of Rs. 99,99,999/- per user

Nil

Recurring Deposits e-RD Up to a cumulative of Rs. 99,99,999/- per user

Nil

Mobile Top-up & DTH Recharge

Up to Rs. 50,000 per user Nil

Bill Pay Up to Rs. 50,000 per user Nil

Fund Transfer within SBI (Other than own accounts)

Up to a cumulative of Rs.10,00,000/- per user

Nil

Fund Transfer NEFT Up to a cumulative of Rs.10,00,000/- per user

Rs.1 to 10,000 - Rs.1.00 per Transaction + Tax, Rs.10,001 to 1,00,000 - Rs.2 per Transaction + Tax, Rs.1,00,000 to 2,00,000 - Rs.3 per Transaction + Tax and Rs.2,00,000 to 10,00,000 - Rs.5 per Transaction + Tax

Fund Transfer RTGS Up to a cumulative of Rs.10,00,000/- per user

Rs.2 lakhs to Rs.5 lakhs - Rs.5+ Tax and Above Rs.5 lakhs - Rs.10 + Tax

IMPS-P2A Up to a cumulative of Rs.2,00,000/- per user

Upto 1,000 - NIL, from Rs.1,001 to Rs.10,000 - Rs.1/- per Transaction +Tax, from Rs.10,001 to Rs.1,00,000 - Rs.2/- per Transaction +Tax and from Rs.1,00,001 to Rs.2,00,000 - Rs.3/- per Transaction +Tax

IMPS- P2P Up to a cumulative of Rs.2,00,000/- per user

Upto 1,000 - NIL, from Rs.1,001 to Rs.10,000 - Rs.1/- per Transaction +Tax, from Rs.10,001 to Rs.1,00,000 - Rs.2/- per Transaction +Tax and from Rs.1,00,001 to Rs.2,00,000 - Rs.3/- per Transaction +Tax

Quick Transfer - IMPS Up to a cumulative of Rs.25,000/- Per transaction limit is Rs.10,000/-

Upto 1,000 - NIL and Rs.1,001 to Rs.10,000 - Rs.1/- per Transaction +Tax


Username and Password Management:

User name is a unique identification factor consisting of minimum 8 alphanumeric characters. Customer can choose the username during registration but cannot modify it later.

Login password should have minimum 8 and maximum 20 characters. It should be combination of alpha numeric and special characters.

Forgot username, it can be reset using profile password, hint question and answer created during registration. In case you forgot profile password or hint question and answer, please visit nearest branch.

STATE BANK ANYWHERE - SARAL

This is a simplified single user friendly and simple transactional product ideally suited for sole proprietorship concerns, micro enterprises or individual businessmen who require online transactions facility in their business accounts. The product provides transaction rights to the user involving transfer of funds to own or third party accounts. Both intra and inter-bank transactions are supported.

Requirements:

A smart phone with Android (OS 2.3 or above) / Apple (with IOS 4.1 or above) / Windows (OS 8 or above) / Blackberry (OS 10 or above)

Internet connectivity like GPRS/EDGE/3G/Wi-Fi. SBI Corporate Internet Banking –Saral username and password.


No separate registration required for using State Bank Anywhere Saral Mobile App. Exiting Corporate Internet Banking – Saral users can login using their Corporate Internet Banking credentials.

Users having windows phone has to complete onetime registration process through onlinesbi.com. The link for registration is provided under profile section of onlinesbi.com.

Features:

My Accounts Show case overview of 3 account variant (Transaction / Deposit /Loan)

Detail account information

Mini statement

Banking Funds Transfer (Own A/c)

Intra-Bank (Within SBI) Transfer

Inter-Bank (Other Bank) Transfer (NEFT/State Bank Group Transfer)

Pay EPF

Pay Supplier

Fixed Deposit

Bill payment With Bill

Without bill

View Biller

Scheduled bills

Top up and recharge

Mobile top-up

DTH recharge

Transaction enquiry


Transaction limits:

Transaction Types Daily Limit

Funds Transfer (Own A/c) 2 Crores

Intra-Bank Transfer ( other than own account ) + Inter-Bank Transfer( NEFT/State Bank Group Transfer ) + Merchant Payment (not available on mobile)

10 lacs (combined limit for all the three types)

Pay EPF 2 Crores*

Pay Supplier 25 Lakhs

Fixed Deposit 2 Crores

Bill Payments +Request for Demand Draft

5 Lakhs (combined limit )

Mobile Top-up + DTH Recharge 50 thousand

*Combined limit for payments to govt. and semi-govt. institutions including taxes and statutory dues such as EPF

Other Features:

No personal information is stored on your mobile phone or SIM card. The application force closes, if kept idle for 5 minutes. The application can only be accessed after proper authentication of customer

username and password. SSL encryption is used to protect your communication with the Bank. Your session ends as soon as you close the application. Your session also closes automatically after 5 minutes of idle time.

State Bank Anywhere – Corporate

SBI‟s CINB facility offered on Mobile for Khata plus, Vyapaar &Vistaar users. SBA-Corporate App is available to corporate enquirer, maker and authorizer roles, based on INB username and password.

Requirements:

A smart phone with Android (OS 4.2 or above)/ Apple (OS 4.1 or above) /Windows (OS 8 or above) operating system

Internet connectivity like GPRS/EDGE/3G/Wi-Fi. Valid username and password of CINB enquirer/maker/authorizer.


No separate registration required for using State Bank Anywhere Corporate Mobile App. Exiting Corporate Internet Banking user can login using their Corporate Internet Banking credentials.


Features Khata Plus Vyapaar Vistaar

My Accounts Account Summary Y Y Y

Search by Account Y Y Y

Favorite Account Y Y Y

Initiate Payments Fund transfer to own A/c N Y Y

Fund transfer to other SBI A/c N Y Y

NEFT N Y Y

Supplier Payment N Y Y

Bill Payments N Y Y

Fixed Deposit N Y Y

Authorize Authorize e-cheque N Y Y

Authorize eTDR/eSTDR N Y Y

Cancel e Cheque N Y Y

Enquiry Query by e-cheque N Y Y

Query by eTDR/eSTDR N Y Y

Transaction Limits:

Amount (in Rs.) Existing Charges for Branch (exclusive of tax)

Rate for Net/Mobile Channel (exclusive of tax)

Upto Rs.10,000/- Rs.2.50/- Rs.1/-

From 10,001/- to 1 lac Rs.5/- Rs.2/-

Above 1 lac up to 2 lac Rs.15/- Rs. 3/-

Above 2 lac Rs.25/- Rs.5/-

RTGS Transactions

Amount (in Rs.) Existing Charges for Branch

Rate for Mobile Channel

(exclusive of tax) (exclusive of tax)

From 2 lac to 5 lac Rs.25/- Rs.5/-

Above 5 lac Rs.50/- Rs.10/-

Other Features:

No personal information is stored on your mobile phone or SIM card. Application cannot be accessed using rooted devices. The application force closes, if kept idle for 5 minutes. The application can only be accessed after proper authentication of customer

username and password. SSL encryption is used to protect your communication with the Bank. Your session ends as soon as you close the application. Your session also closes automatically after 5 minutes of idle time.

State Bank Collect

It is a multi-modal payment portal for Firm/Company/Institution (F/C/I) collecting payment from their beneficiaries.

http://sbi.wstream.net/videos/sb_collect.htm%22%20%5Ct%20%22_blank


Features:

Collection for goods and services supplied by Firms/ Corporates/ Institutions. Fee collection by Educational Institutions. Collection of dues by Government/Quasi Government Bodies. Local taxes like water tax, house tax, electricity bill etc. by Semi Govt. bodies. Collection of Recruitment fee. Donations to Charitable Institutions/Religious Institutions. Online facility for fee collection. Available to CINB (Khata plus, Vyapaar or Vistaar) customer. The customer need not maintain a website. The customer will get MIS report of the account. The payer will get Multiple Option Payment System (MOPS) while making online

payment.

Payment Modes Available;

In order to make the product broad based, the following options of payment have been made available on the Multi Option Payment System (MOPS) page:

Internet banking platform of SBI. State Bank ATM cum Debit Card. By Cash/Cheque at SBI Branches. Other Bank‟s Debit card. Credit Card. Internet banking of other banks.


Arogya Plus Policy (IRDA/NL-HLT/SBIGI/P-H/VI/465/13-14)

Product Description:

Health insurance Tax Benefit Policy provides financial protection against medical costs due to hospitalization along with routine OPD expenses

Who can Buy:

Permanent residents of India

Key Features:

No pre-policy medical test up to the age of 55 years for people with no medical history.

Multiple coverage options - Individual & Family Floater options.

OPD expenses as specified in the policy schedule.

142 Day Care expenses covered.

Coverage of Pre and Post Hospitalisation Expenses - 60 days before and 90 days after the hospitalisation.

Maternity Expenses covered up to the OPD limit.

Sum Insured option of INR 1, 00,000, INR 2, 00,000 & INR 3,00,000.

Save tax under Sec 80 D (Tax benefits are subject to change in tax laws).

Coverage: Eligible hospitalisation expenses as under:

Room rent, boarding expenses

Medical practitioners fees

Intensive care unit

Nursing expenses

Anesthesia, blood, oxygen, operation theatre expenses, surgical appliances, medicines & consumables, diagnostic expenses and x-ray, dialysis, chemotherapy, radiotherapy, cost of pacemaker, prosthesis/internal implants and any medical expenses incurred which is integral part of the operation.

Physiotherapy as inpatient care and being part of the treatment.

Drugs, medicines and consumables consumed during hospitalization period.

Diagnostic procedures.

Dressing, ordinary splints and plaster casts.

OPD treatment: - expenses for OPD consultation and treatment up to limit specified.

Pre-hospitalisation expenses up to 60 days for each of the admitted hospitalisation claim under the Policy.

Post-hospitalisation expenses up to 90 days for each of the admitted hospitalisation claim under the Policy.

Day Care expenses for 142 Day Care Procedures.

Ambulance expenses up to INR 1500.

Alternative treatment taken in a government hospital or in any institute recognized by government and/or accredited by quality council of India/national accreditation board on health.

Domiciliary hospitalisation.

Maternity Expenses covered under the OPD Benefit only.


Sum insured:

Age: Minimum entry age is 3 months and maximum entry age is 65 years. There is no exit age.

Insured: Individual/ Family {For Family Insurance Policy - Family means the spouse, dependent children, parents and parents in law. For Family Floater Insurance Policy - Family means the spouse and dependent children}

Policy Term: 1, 2 and 3 years.

Sum Insured: Hospitalisation sum insured options are 1, 2 and 3 Lakhs. OPD sum insured will depend on the age, premium and family type. Sum Insured of dependents will either be less than or equal to Proposer/ Primary Insured‟s Sum Insured.

Premium: The premium for this product is flat Rs. 8,900, Rs. 13,350 or Rs. 17,800 per annum respectively for a sum insured of 1, 2 or 3 lakhs.

Exclusion: Waiting Period: 30 days from first inception of the health insurance policy.

Time bound Exclusions: Pre-existing diseases covered after first 4 years of coverage, specified diseases or conditions covered after one year of coverage.

First 9 months exclusion for Maternity expenses.

Treatment taken outside India.

Injury/disease directly or indirectly caused or contributed due to nuclear weapons/materials.

War, invasion, acts of foreign enemy, hostilities, etc.

Epidemic disease recognized by WHO or Indian government.

Intentional self-injury or violation of any law.

Cosmetic or aesthetic treatments of any description, lasik treatment for refractive error. Any form of plastic surgery (unless necessary for the treatment of illness or accidental bodily injury).

Treatment for de-addiction from drug or alcohol or other substance.

Any condition directly or indirectly caused by or associated with human immunodeficiency virus or variant/mutant viruses and or any syndrome or condition of a similar kind commonly referred to as AIDS.

Vaccination or inoculation except as part of post-bite treatment for animal bite.

Treatment for any mental illness or psychiatric or psychological ailment / condition.

Genetic disorders and stem cell implantation / surgery / storage.

Treatments in health hydro, spas, nature care clinics and the like.

Experimental and unproven treatment.

Disease / illness or injury whilst performing duties as a serving member of a military or police force.


Arogya Premier Policy: (IRDA/NL-HLT/SBIGI/P-H/VI/465/13-14)

Product description

Arogya Premier Health insurance. Policy caters to the special healthcare requirements of high net worth individuals

Who can buy:

Any individual can take this policy for himself and/or his family.

Key Features:

No pre-policy medical test up to the age of 55 years for people with no medical history.


Coverage of 60 days for Pre Hospitalisation& 90 days for Post Hospitalisation expenses.

Covers ambulance charges including air ambulance up to INR 1,00,000.

Maternity Expenses covered after first 9 months waiting period.

Covers organ donor expenses.

Automatic Reinstatement of Sum Insured.

Cumulative Bonus of 10% of SI for each claim free year maximum up to 50%.

Wide coverage – From INR 10,00,000 up to INR 30,00,000.

Save Tax under Sec 80D (Tax benefits are subject to change in tax laws).

Alternative treatment like Ayurveda, Unani, Siddha & Homeopathy

Coverage: Eligible hospitalisation expenses as under:

Room rent, boarding expenses

Medical practitioners fees

Intensive care unit

Nursing expenses


Physiotherapy as inpatient care and being part of the treatment

Drugs, medicines and consumables consumed during hospitalization period

Diagnostic procedures

Dressing, ordinary splints and plaster casts



Day Care expenses cover up to 142 Day Care Procedures.

Ambulance expenses including Air Ambulance up to INR 1,00,000.




Maternity Expenses.

Organ Donor Expenses.

Health Check up reimbursement up to Rs. 5,000 insured after 4 consecutive claim free years.

Reinstatement of Sum Insured up to 100% when sum insured is reduced due to claim.

Cumulative Bonus at the rate of 10% of the Sum Insured for every claim free renewal which can be accumulated maximum up to 50%.

Exclusions: First30 days, unless accidental hospitalization.

1yr exclusion for the named ailments.

Maternity expenses – First 9 months from the date of 1st policy inception.

Preexisting disease exclusion for first 4 years.

Permanent Exclusions: Treatment outside India.

Epidemics recognized by WHO/ external illness.

Congenital Internal/ External Illness.

Genetic Disorders/ Stem cell implantation.

Cosmetic/ Aesthetic treatment

Treatment for mental illness/ Psychiatric condition.

Injury/disease directly/indirectly caused by nuclear weapon/material.

War, invasion, acts of foreign enemy/hostilities

Intentional self injury/violation of law

Vaccination/inoculation

Experimental / unproven treatment

Disease/illness/injury whilst performing duties as a serving in military / police

Treatment for de-addiction of drug/alcohol or any substance.


Arogya Top up Policy: (IRDA/NL-HLT/SBIGI/P-H/VI/1477/13-14)

Product Description:

Arogya Top up Health Insurance policy provides financial protection against higher medical cost cover & above the pre-decided medical cost.

Who can Buy: Permanent Residents of India.

Key Features: No pre-policy medical test up to the age of 55 years for people with no medical history.


Coverage of 60 days for Pre Hospitalisation& 90 days Hospitalisation.

Maternity Expenses covered after first 9 months waiting period.

Covers organ donor expenses.

Reinstatement of Sum Insured on payment of additional premium.

Wide coverage – From INR 1,00,000 up to INR 50,00,000 with deductible option of INR 1,00,000 to INR 10,00,000

Save tax under Sec. 80 D (Tax benefits are subject to change in tax laws).

Ambulance expenses upto Rs. 5,000 per valid hospitalisation claim event.

Alternative treatment under AYUSH covered.

Coverage:

Room rent, boarding expenses.

Medical practitioners‟ fees.

Intensive care unit.

Nursing expenses.


Physiotherapy as inpatient care and being part of the treatment.

Drugs, medicines and consumables consumed during hospitalization period.

Dressing, ordinary splints and plaster casts.



Day Care expenses cover up to 142 Day Care Procedures.

Ambulance expenses up to INR 5,000 per valid


hospitalisation claim event.



Maternity Expenses.

Organ Donor Expenses.

Sum Insured: Age: Minimum entry age is 3 months and maximum entry age is 65 years. In case insured wants to opt deductible of INR 5,00,000 or more then maximum entry age will be extended up to 70 Years. There is no exit age.

Insured: Individual / Family {For Family Insurance Policy- Family means the spouse, dependent children, parents and parents in law. For Family Floater Insurance Policy- Family means the spouse and dependent children}

Policy Term: 1, 2 or 3 years.

Sum Insured: Minimum SI: INR 1,00,000 and Maximum SI: INR 50,00,000 subject to underlying deductible ranging from INR 1,00,000 to INR 10,00,000. Sum Insured of dependents will either be less than or equal to Proposer/ Primary Insured‟s Sum Insured.

Deductible / Co-Pay: Insured will have to exercise option to select deductible from INR 1,00,000 to INR 10,00,000 in multiple of 1,00,000.

Exclusion: Waiting Period: 30 days from first inception of the health insurance policy.

Time bound Exclusions: Pre-existing diseases covered after first 4 years of coverage, Specified diseases or conditions covered after one year of coverage.

Maternity Expenses shall be payable after coverage of 9 months from the date of inception of the Policy.

Treatment taken outside India.

Injury/ disease directly or indirectly caused or contributed due to nuclear weapons/materials.

War, invasion, acts of foreign enemy, hostilities, etc.

Epidemic disease recognized by WHO or Indian Government.

Intentional self injury or violation of any law.

Cosmetic or aesthetic treatments of any description, Lasik treatment for refractive error. Any form of plastic surgery (unless necessary for the treatment of illness or accidental bodily injury).

Treatment for de-addiction from drug or alcohol or other substance.


Any condition directly or indirectly caused by or associated with human immunodeficiency virus or variant/ mutant viruses and or any syndrome or condition of a similar kind commonly referred to as AIDS.

Vaccination or inoculation except as part of post-bite treatment for animal bite.

Treatment for any mental illness or psychiatric or psychological ailment/ condition.

Outpatient department treatment.

Genetic disorders and stem cell implantation/ surgery/ storage.

Treatments in health hydro, spas, nature care clinics and the like.

Experimental and unproven treatment Disease/ illness or injury whilst performing duties as a serving member of a military or police force.


SBI Life- Smart Money Back Gold

UIN: 111NO96V02

Plan Option-1 Option-2 Option-3 Option-4 Age at Options 12 yrs 15 yrs 20 yrs 25 yrs

Entry Min Entry 15 yrs 15 yrs 14 yrs 14 yrs Age

Max. Entry 55 yrs 55 yrs 50 yrs

45 yrs

Age

Age at

Entry Min :27 Years Max: 70 Years

Sum Min Rs. 75,000/-

Assured

Plan Option-1 Option-2 Option-3 Option-4 Policy Term Options

12 years 15 years 20years 25years

Premium Paying Term

Same as policy Term

Premium

Yearly /Half-yearly /Quarterly/Monthly

Frequency

SBI Life- Smart Guaranteed Saving Plan

UIN: 111NO97V01

Age at Entry Min : 18 years Max : 50 Years

Maximum Age at Entry 65 Years

Policy Term 15 Years

Premium paying Term 7 Years

Premium Frequency Yearly

Premium (in multiples of Rs. Min. Max (Per Life limit)

1,000) Rs. 15,000 Rs. 75,000 Sum Assured Depends on the premium chosen


SBI Life- Smart Elite

UIN:111L072V02

Age at Entry

Min : 18 Years Max : 60 Years

Max Age at 65 Years

Maturity

Policy Term 5 to 20 Years (both inclusive)

Premium Paying For Limited Premium Payment Term (LPPT) – 5 or 8 or 10 Years Term For Single Premium – Single Payment

Minimum Limited Premium Amount ( x 100)

Yearly Half –Yearly Quarterly Monthly

Minimum Single

Rs 2,00,000 Premium Amount

( x 100) Maximum Limited/Single Premium Amount( x 100)

No Limit

Single/Yearly /Half-Yearly /Quarterly/Monthly Premium Modes

Partial Up to 15 % Fund Value can be withdrawn each year, from 6th year onwards, subject to conditions

Withdrawals

Tax Benefits Under Sec.80C and Sec. 10(10D) of Income Tax Act, 1961


SBI Life –Smart Wealth Builder UIN: 111L095V01

Age at Entry Min: 7 Years Max: For Regular premium & Limited Premium -60 Years For Single Premium-65 Years

Max Age at Maturity 70 Years

Plan Type Regular Premium/Limited Premium/single Premium

Policy Term For Regular Premium (RP) -10 Years, 15 to 30 Years (both inclusive) For Limited Premium Payment Term (LPPT) -10 Years, 15 to 30 Years (both inclusive) For Single Premium (SP) – 5 Years to 30 Years (Both Inclusive)

Premium Paying Term

For Regular Premium- Same as policy Term For limited premium Payment Term (LPPT)

Policy Term PPT

10 Year 5 or 8 Years

15-30 Years (For Single Premium)

5 or 8 or 10 Years

Premium Amount X 100

Minimum Maximum

For RP Rs.30000 Rs.300000

For LPPT Rs.40000 Rs.300000

For SP Rs.65000 Rs.300000

Premium Modes Single/Yearly

Sum Assured Premium Mode

Minimum Maximum

Regular Premium

Higher of [(10 X Annual

Premium) Or ( 0.50 X

Term X Annual

Premium)]

Higher of [(7 X AP) or

(0.25X Term X AP)]

Where AP is annual premium

20X AP 20X AP

Limited Premium

15X AP 15X AP

Single Premium

1.25 X Single

Premium 1.11 X SP 3 X SP 1.25 X SP

Partial Withdrawals Up to 15 % Fund Value can be withdrawn each year, from 6th year onwards, subject to conditions

Tax benefits Under Sec.80C and Sec. 10(10D) of Income Tax Act, 1961


NON PERFORMING ASSETS

The Bank‟s policy is to ensure containment of NPAs through a combination of measures

such as selection of quality assets through proper credit approval process. Even after the

prudent appraisal and assessment processes, there is a possibility of an account

becoming NPA.

An asset becomes non-performing when it ceases to generate income.

The norms for classifying an asset as NPA are the following:

i. Term Loan: Interest and/or installment of principal remain overdue for a period of more than 90 days.

ii. Overdraft/Cash Credit: Account remains „out of order‟ if the outstanding balance remains continuously in excess of the sanctioned

limit/drawing power for a period of 90 days outstanding balance in the principal operating account is less than the

sanctioned limit/drawing power but there are no credits for 90 days as on the date of Balance Sheet or credits are not enough to cover the interest debited during the same period.

iii. In case of bills purchased/discounted the bill remains overdue for a period of more than 90 days.

iv. The installment of principal or interest thereon remains overdue for two crop seasons for short duration crops (Agriculture segment).

v. The installment of principal or interest thereon remains overdue for one crop season for long duration crops (Agriculture segment).

vi. The amount of liquidity facility remains outstanding for more than 90 days, in case of a securitization transaction undertaken.

vii. In case of derivative transactions the overdue receivables representing positive mark-to-market value of a derivative contract, if these remain unpaid for a period of 90 days from the specified due date for payment.

Accounts with Temporary Deficiencies:

An account will be classified as NPA due to the existence of some deficiencies which are

temporary in nature such as

Non-availability of adequate Drawing Power based on the latest available stock statement which is not more than 3 months old.

Balance outstanding exceeding the limit temporarily Non-submission of stock statements Non-renewal of the limits on the due date

It should be ensured that regular / adhoc accounts are not becoming NPA merely due to

temporary deficiencies.

A regular and Adhoc credit limit not reviewed/ renewed within 180 days from the due date/

date of Adhoc sanction will be treated as NPA.


Asset classification shall be borrower-wise and not facility-wise.

Advances under consortium arrangements

Classification shall be done based on the record of recovery of the individual member

banks and other aspects having a bearing on the recoverability of the advances.

Accounts where there is erosion in the value of security/ frauds committed by

borrowers: In cases of such serious credit impairment, the asset should be straightaway

classified as doubtful or loss asset as appropriate:

erosion in the value of the security: if the realizable value of security is less than 50% of the value assessed by the Bank or accepted by RBI at the time of last inspection, it may be classified under Doubtful category

if realizable value of the security as assessed by the Bank/ approved valuers/ RBI, is less than 10% of the outstanding in the borrowal accounts, the asset shall be straightaway classified as Loss asset.

Advances against Bank’s own Term Deposits, NSCs, KVPs, IVPs, surrender value of

Life Insurance Policy etc: Such accounts would not be classified as NPAs provided

adequate margin is available. However, advances granted against gold ornaments,

government securities and all other securities shall not be covered by this exemption.

Loans with moratorium for payment of interest:

Payment of interest becomes „due‟ only after the moratorium or gestation period is over.

Such amount of interest does not become overdue and hence do not become NPA, with

reference to the date of debit of interest. They become overdue after due date for payment

of interest, if uncollected.

Agricultural advances: When the installment of principal or interest thereon remains

overdue for two crop seasons for short duration crops (crop season less than one year)

and one crop season for long duration crops(crop season longer than one year), it will be

treated as NPA.

For all other Agricultural Term Loans, identification of NPAs will be done on the basis of 90

days delinquency norm.

In case of natural calamities impairing the repaying capacity of agricultural borrowers, bank

may convert short term production loan into a term loan or reschedule the repayment

period.

Government guaranteed accounts: Central Government guaranteed credit facilities may

be treated as NPA only when the Government repudiates its guarantee when invoked.

State Government guaranteed advances and investments in State Government

guaranteed securities would attract asset classification and provisioning norms if interest

and/or principal or any other amount due to the Bank remains overdue for more than 90

days.


ASSET CLASSIFICATION & PROVISIONING NORMS

Standard assets

Bank shall make general provision for Standard Assets at the following rates forthe

funded outstanding on global loan portfolio basis:

Category Provision

a)Farm Credit: Agricultural activities / Small & Medium Enterprises 0.25%

b)Advances to Commercial Real Estate Sector(CRE) 1.00%

c)Advances to CRE -RH 0.75%

d) Other advances not in (a), (b) & (c) 0.40%

The provision on Standard Assets is not reckoned for arriving at Net NPAs.

Other than Standard assets

Asset Classification

Risk Grade

Period as NPA Normal provisioning (%)

Accelerated provisioning (%)

Sub- standard (Secured)

RG 04 Up to 6 months 15 15

6 months to 1 year 15 25

Sub-standard (Unsecured ab- initio)

RG 04 Up to 6 months 25 (other than infrastructure loans)

25

20 (infrastructure loans)

6 months to 1 year

25 (other than infrastructure loans)

40

20 (infrastructure

loans)

Doubtful I RG05 2nd year 25 (secured

portion)

100 (unsecured

portion)

100

(unsecured

portion)

Doubtful II RG06 3rd & 4th year 40 (secured

portion)

100 for both

secured and

unsecured

portions

100 (unsecured

portion)

Doubtful III RG07 5th year onwards 100 100

Loss Asset RG08 Loss has been identified

by Bank or internal or

external auditors or the

RBI Inspectors.

100 100


ACCELERATED PROVISIONING:

Before a loan account turns into a NPA, banks are required to identify incipient stress in

the account by creating three sub-categories under the Special Mention Account (SMA):

SMA Sub Categories Basis for classification

SMA– 0 (RG 0) Principal / interest payment not overdue >30 days but account having

signs of incipient stress

SMA– 1 (RG 1) Principal / interest payment overdue between 31-60 days

SMA– 2 (RG 2) Principal / interest payment overdue between 61-90 days

Banks are required to report credit information, including classification of an account as

SMA to CRILC on all their borrowers having aggregate fund-based and non-fund based

exposure of Rs.5crore and above. In case a bank fails to report SMA status of an account

to CRILC or resorts to methods with the intent to conceal the actual status of the account

or evergreens the account, it will be subjected to accelerated provisioning for that account.

PROVISIONING IN RESPECT OF FRESH EXPOSURE TO NON-COOPERATIVE

BORROWERS

A non-cooperative borrower is one who does not engage constructively with his lender by

thwarting lenders‟ efforts for recovery of their dues by not providing necessary information

sought, denying access to assets financed / collateral securities, obstructing sale of

securities, etc. Any fresh exposure to Non-Cooperative borrower will by implication entail

greater risk necessitating higher provisioning.

Valuation of Security for provisioning purposes:

Collaterals such as immovable properties charged in favour of the bank should be valued

once in three years by Bank approved valuers. In case of outstanding of Rs.1 crore and

above, two valuation reports from different empanelled Valuers of the Bank should be

obtained.

In cases of NPAs with balance of Rs.10crore and above stock audit at annual intervals by

external agencies appointed as per the guidelines approved by the Board would be

mandatory in order to enhance the reliability on stock valuation.

Restructuring of Advances

Restructuring of advances could take place in the following stages:

Before commencement of commercial production/operation; After commencement of commercial production/operation but before the asset has

been classified as „sub-standard‟; After commencement of commercial production/operation and the asset has been

classified as „sub-standard‟ or „doubtful‟.


The accounts classified as „Standard assets‟ should be immediately re-classified as „sub-

standard assets‟ upon restructuring. The NPAs, upon restructuring, would continue to have

the same asset classification as prior to restructuring and slip into further lower asset

classification categories as per extant asset classification norms with reference to the pre-

restructuring repayment schedule.

Stressed Assets Review (SAR) for NPA / SMA3 / AUCA

Review will be conducted at multi-levels as per the following chart on a monthly basis.

At

Review to be

conducted by

Frequency

Type

Criteria

LHO

GM (NW I/II), CCO,

AGM(NPA) All other

stakeholders from

AOs/RBOs/CPCs

To be

conducted on

3rd week of the

month or before

20th whichever

is earlier

NPA

>= 20 Lacs

SMA3

>= 20 Lacs

AUCA

>= 20 Lacs

AO

DGM (B&O),

CM(CREDIT & NPA) All

other stakeholders from

RBOs/CPCs

To be

conducted on

2nd week of the

month or before

15th whichever

is earlier

NPA

>= 5 Lacs&< 20 Lacs

SMA3

>= 5 Lacs&< 20 Lacs

AUCA >= 5 Lacs&< 20 Lacs

RBO

RM, CM(Rural/Credit),

Manager(NPA), Branch

Heads All other

stakeholders from

Aos/RBOs/CPCs

To be

conducted

before 10th of

every month

NPA < 5 Lacs

SMA3 < 5 Lacs

AUCA < 5 Lacs

Accounts being reviewed will be available on the NPA site through the NPA Review Link

SOME EARLY WARNING SIGNALS

Delay in submission of stock / financial / control statements. Return of cheques issued by borrowers. Frequent devolvement of LCs and non-payment within a reasonable period Frequent invocation of BGs and non-repayment within a reasonable period Return of bills/cheques discounted Non-payment of bills discounted or under collection Poor financial performance in terms of declining sales and profits, cash losses, net

losses, erosion of net worth etc.


Incomplete documentation in terms of creation/registration of charge/mortgage etc Non-compliance of terms and conditions of sanction Default in payment to the banks/ sundry debtors and other statutory bodies, etc. Raid by Income tax /sales tax/ central excise duty officials Frequent change in the scope of the project to be undertaken by the borrower Under-insured or over insured inventory Invoices devoid of TAN and other details Dispute on title of the collateral securities Costing of the project is in wide variance with standard cost of installation Funds coming from other banks to liquidate the outstanding loan amount In merchanting trade, import leg not revealed to the bank Request received from the borrower to postpone the inspection of the go down Delay observed in payment of outstanding dues Financing the unit far away from the branch Claims not acknowledged as debt high Funding of the interest by sanctioning additional facilities Same collateral charged to a number of lenders Floating front / associate companies by investing borrowed money

Reduction in the stake of promoter / director

Resignation of the key personnel and frequent changes in the management Substantial increase in unbilled revenue year after year. Large number of transactions with inter-connected companies and large outstanding

from such companies Significant movements in inventory / receivables, disproportionately higher than the

growth in turnover Disproportionate increase in other current assets. Significant increase in working capital borrowing as percentage of turnover. Critical issues highlighted in the stock audit report. Increase in borrowings, despite huge cash and cash equivalents in the borrower‟s

balance sheet. Material discrepancies in the annual report. Significant inconsistencies within the annual report (between various sections). Poor disclosure of materially adverse information and no qualification by the

statutory auditors. Movement of an account from one bank to another. Frequent ad hoc sanctions. Not routing of sales proceeds through bank LCs issued for local trade / related party transactions High value RTGS payment to unrelated parties. Heavy cash withdrawal in loan accounts. Non submission of original bills.


SARFAESI ACT

(Securitisation and Reconstruction of Financial Assets and

Enforcement of Security Interest Act 2002)

There are both soft and hard measures for the NPA recovery. The soft measures includes

sending ordinary notices, registered notices, following up through telephone, visiting the

borrower/Unit, Compromise Settlement etc. Hard measures are being initiated when soft

measures are not effective or fruitful. Hard measures include initiating SARFAESI actions,

Revenue Recovery proceedings, Filing of Suit etc.

ADVANTAGES

No intervention of law courts

No court fee, Advocate fee

Direct action by secured creditors

Demonstrative effect

Bargaining tool

CRITERIA FOR INVOKING SARFAESI ACT

Account should be NPA

Hypothecated movable and mortgaged immovable property should be available

Amount due, including unapplied interest, should not be less than Rs.1 Lac.

Amount due (including interest) should not be less than 20% of principal amount and interest thereon.

Pledged goods to be excluded, as it can be sold by bank even otherwise

Mortgaged property should not be Agriculture land

Action to be initiated within the period of limitation

STEPS PRIOR TO ISSUE OF NOTICE

Property to be identified / located. Details of property should be meticulously checked with the deed for any discrepancy.

To verify whether property is occupied or vacant? Any tenants?

Up to date EC to be taken and verified

Claim as per the notice to be quantified

ISSUANCE OF NOTICE UNDER SECTION 13 (2)

Approval for issuing notice under section 13(2) of SARFAESI Act to be obtained as follows:

Exposure up to Rs.25.00 Cr

1. Branch Head of incumbency Scale IV and above

2. Controllers in case of branches of incumbency Scale III and below

Exposure above Rs.25.00 Cr

GM (Network)


Demand Notice under Section 13(2)to be issued to the Borrowers and Guarantors or to Legal Heirs if Borrowers / Guarantors deceased, by an Authorized Officer not below the rank of a Chief Manager.

Entire liability i.e. (Principal outstanding + Interest accrued up to date+ overdue interest + other charges, if any) should be clubbed together in the notice. All accounts having common security should be considered together.

Demand to be made to pay the entire dues within 60 days from the date of notice.

Notice can be hand delivered or sent through registered post/speed post/courier/fax or email. Normal practice is to issue Registered Notice with Acknowledgement Due (AD). Sending e-mail should be for an additional confirmation.

AD should be kept on record. If AD is not received in 10 days, immediate complaint to be given to Post Office/Courier agency and followed up for obtention of certificate from postal authority.

If notice not acknowledged, (1) Affix copy of notice on the outer door of residence/office/business place of the

Borrower / Guarantor and take photo of the same or make affixture report for our record and

(2) Publish contents of the notice in two dailies one of which shall be in vernacular. Two copies of each of the newspaper should be kept on record.

If objection letter received from Borrowers / Guarantors, Authorized officer should give a reasoned reply after detailed deliberations to all the objections within 15 days of receipt of such objection letter.

DRT/Civil Court to be informed suitably in consultation the Advocate handling the matter regarding initiation of action u/s 13(2) of SARFAESI Act, where, suit is pending with DRT/Court.

Branch may continue contacting the borrower over telephone or through personal visits to his residence / office to pressurize him to avoid further proceedings which will force the Bank to e-Auction of the charged securities. No other written communication to be given once SARFAESI initiated.

ISSUANCE OF NOTICE UNDER SECTION 13 (4)

If the amount mentioned in the demand notice is not paid within 60 days from the date of notice under section 13 (2), the Authorized Officer may take possession of the secured assets by serving notice under Section 13(4) of the Act (Symbolic Possession)

Under Section 13(4) of SARFAESI Act, the Branch should invariably obtain approval of the appropriate authority as under:

Transfer to

Recalled Assets

& Filing of Suits

AGM –

REGION /

CPC/HEAD

OF SARB

ZCC/SMECC

under MCG/

SAMCC III

CCC-II/

SAMCC-II

CCC I/ MCCC

/SAMCC-1

Rs. in Crores 1 5 25 50


When security which is held by more than one Secured Creditor or jointly financed by Secured Creditors, action under section 13(4) can be taken if exercise of rights under the Act is agreed upon by the Secured Creditors, representing not less than 60 % in value of the amount outstanding as on a record date.

Affix copy of notice on the outer door of residence/office/business place& take photograph thereof or prepare affixture report.

Possession notice to be handed over to the occupants.

Possession notice to be published in 2 dailies one of which shall be in vernacular language (notice also should be in vernacular) within 7 days of taking possession.

Vacant possession to be taken

If there is no chance of settlement and Borrower refuses to hand over the vacant possession, petition under Sec 14 to be filed with CMM or the DM for assistance to take possession. In Kerala, we file petition with CJM.

The order passed on the application filed under Section 14 shall (i) authorize taking of physical possession of the asset with reasonable force which includes the breaking open of locks, (ii) direct the police station to provide assistance in taking possession

CMM/CJM/DM acting under Section 14 of the SARFAESI Act is not required to give notice either to the borrower or to the third party.

Security/insurance for the property to be arranged once it comes to our possession.

For Movable Property, take possession of the movable property in the presence of two witnesses and draw Panchanama. Make an Inventory of the property and deliver a copy of the Inventory to the borrower.

SALE

Movable/immovable property should be got valued by approved SARFAESI valuer

for fixing of Reserve Price.

Reserve price should be fixed by SARFAESI valuation committee at the Regional

Business Office. Sanction for Reserve Price has to be obtained from the appropriate

Committee at Administrative Office/ Local Head Office.

Sale can be effected by obtaining quotation from parties dealing in the secured assets or otherwise interested in buying the property, inviting tenders from the public or holding public auction or through private treaty.

The Borrower(s) / Guarantor(s) should be served 30 days‟ notice for sale of movable and immovable secured assets.

The notices should be sent to the Borrower(s)/ Guarantor(s) by Registered Post Acknowledgement Due at least 7 days before the publication in newspapers and websites. The auction notices shall also be affixed on conspicuous part of the immovable property.

A public sale notice should be published in two leading newspapers, one in vernacular language having sufficient circulation in the locality with description of the property, after 7 days of Sale notice being received by party. We may display notice at nearby branches to ensure maximum coverage and to have more publicity for sale.

The sale in the first instance can be conducted only after expiry of 30 days‟ notice given to Borrower(s)/ Guarantor(s)/legal heirs of Borrower(s)/Guarantor(s). If the first sale was unsuccessful, Notice of not less than 15 days will be sufficient for subsequent sales.


Ensure that the auction notices do not contain any discrepancy in respect of security details, particulars relating to Borrower(s)/Guarantor(s), date of NPA, outstanding/dues.

Board Resolution authorizing full sale notice has to be uploaded on the following

websites:

a) Vendors (https://sbi.auctiontiger.com Or https://www.bankeauctions.com of C1

India Pvt. Ltd.)

b)http://www.sbi.co.in of State Bank of India

c)http://tenders.gov.in of Tenders India of Indian Government

The bidder has to submit an application to the Authorised Officer to participate in e- Auction along with the documents: a)Election ID/Electricity Bill/Passport/Bank Account Statement /Aadhar Card

(address proof)

b) Pan Card( Mandatory)

c) Phone/Mobile Number /email ID

Bidder should remit the Earnest Money Deposit (EMD) for credit to designated account before the date of bidding.

On Receipt of EMD and above papers, the branches to complete the verification of KYC Papers and to make a request to the Vendors by email to create user ID and password for the eligible bidder.

E-Auction agencies to provide user ID and password to eligible bidders. The vendor to impart training to the bidder to participate in the auction.

On the date of auction, the bidders are reminded by Authorized Officer to log into the vendor's site at the specified time. The e-Auction is to be conducted as per rules of e-Auction notice published in newspapers.

In auction, the bidders will be able to see his rank and the highest bid amount but not the names of other bidders.

Once the auction is over, the highest bidder will get the message through email. The name of the highest bidder will not be visible to anybody. Only the value of highest /successful bid will be visible to all.

The successful bidder is advised by Authorized Officer about acceptance of his bid for the property and to make payment of the remaining sale value within stipulated time as per terms of sale.

The EMDs of the other bidders will be returned by the Branch.

After immediate payment of 25% of sale price, the winning bidder has to pay balance amount on or before 15th day of confirmation of sale or such extended period as agreed by all the parties in writing, failing which the deposit will be forfeited.

On confirmation of sale by the secured creditor and compliance of the terms of payment, the Authorized Officer shall issue a Certificate of Sale for the properties in favor of the purchaser

Where the immovable property sold is subject to any encumbrances, the Authorized Officer may allow the purchaser to deposit with him the money required to discharge the encumbrances and any interest due thereon.

Sale proceeds should be appropriated towards Bank‟s dues after deducting expenses incurred on the auction process and priority statutory dues. Residual amount, if any, is to be refunded to the person entitled thereto in accordance with his rights and interest.

The Authorized Officer shall deliver the property to the purchaser free from encumbrances known to the secured creditor and the same to be mentioned in the Certificate of Sale. The Authorized Officer should also obtain receipt of possession and original Title deeds


The Authorized Officer shall ensure registration of Sale Certificate on making payment of cost of stamps and Registration Charges as per Stamp Act as applicable in the respective State, cost of which will be borne by the purchaser

After sale of the secured assets and adjustments of proceeds to the concerned account, suit / DRT application, as the case may be, should be filed for recovery of the shortfall if any.

APPEAL

As per Sec 17, the Borrowers / Guarantors may file appeal to DRT against SARFAESI proceedings.

Borrowers / Guarantors may file Appeal against the decision of DRT to DRAT

In some cases, High Court will admit Writ Petitions from the Borrower / Guarantor

The branches may file a caveat in cases where the borrowers may file an appeal ,so that the bank can proceed accordingly.

REVENUE RECOVERY

In Kerala, RRP initiated as per provisions of Kerala Revenue Recovery Act, 1968, with the following mode of recoveries like attachment and sale of defaulters movable property, attachment and sale of defaulters immovable property, appointing an agent for the defaulter‟s immovable property and arrest of defaulter and his detention in prison.

All priority sector/Government sponsored schemes are eligible to be covered.

Applicable to SMAs and hence no need to transfer the dues to Recalled Assets.

RRP can be initiated in accounts where Civil Suit proceedings are not contemplated immediately.

Log on to the website: rronline.gov.in and submit the claim (Form 24) to District Collector of the concerned area. The access rights can be obtained by the branch by sending a prescribed format e-mail to [email protected].

While entering the amount due to the Bank, the sum of Principal outstanding, Interest accrued up to date and 5% RR commission to be entered.

The Security Documents should be current and alive when RRP is filed

Keep liaison with Revenue Authorities for effective follow up.

RR Melas may be conducted frequently for speedy recovery

WRITE OFF

Write off initiated in cases where recovery prospects are bleak

Considered in the year following the one in which it was transferred to Recalled Asset.

Permission from the Appropriate Authority to be obtained for write off

It should be ensured that the account is fully provided.

Recommendation for write off not to be bunched or not to treated as an year-end exercise. Proper records of write off to be maintained.

Write off of loans / advances should not in any way dilute the recovery efforts.

Written off accounts parked in AUC for further follow up

Fraud related cases can be written off only with administrative clearance from one step above the Controlling authority.


Settlement of Bank's dues through Compromise

Compromise settlement refers to a negotiated settlement involving certain sacrifice by the

Bank by way of write off and/or waiver of a portion of its dues.

Step1: The concerned officials have to negotiate with the borrowers the compromise offer

and they should keep with them the following for a better bargain and to extract a higher

compromise amount.

a).Full details of the borrowers/guarantors including income

b) Details of uncharged assets of the borrowers and guarantors and its realizable value.

c) Valuation reports of existing security/ securities should not be more than one year old.

In case of securities of Rs. 1 Cr and above, two valuation reports from Bank‟s approved

valuers have to be obtained and the higher value has to be taken into account

*The Net Present Value (NPV) of settlement amount should not be less than NPV of the

realizable value of the available securities unless there are valid and sufficient reasons to

accept lower value

Step 2: The compromise offer is to be taken from the borrowers with terms of offer but it has to be made clear to the borrowers that the compromise offer will be subject to the sanction by the appropriate authority of the bank. The above offer should include legal charges/court fee / advocate fee / valuer fee / publication charges etc. 5% of the offer amount is to be taken under no lien account. The amount may be parked in a settlement parking account opened for this purpose or may be deposited in borrower‟s savings account and hold marked on the deposit amount. Step 3: After preparation of the compromise proposal in the prescribed format, it has to be examined by a screening committee consisting of three members at CPCs/Branches/SAMBs/SARBs/RBOs and if found acceptable, recommended to the Appropriate authority for recommendation and/or sanction

Name of the Committee Power to write-off net loss including powers to waive notional loss/ interest and waiver/ withdrawal of legal action (including cases arising out of compromise proposals) (Rs in Crore)

CCCC 400

WBCC I 200

WBCC II 100

CCC-I/ MCCC/ SAMCC I 50

CCC-II/ SAMCC II 25

ZCC/ SMECC (under MCG)/ SAMCC III 2.5

AGM-Region/Head of SARB/CPC 0.05

. Step4: The approval letter is to be sent to the borrower and guarantors in duplicate for their acknowledgement and acceptance of the terms and conditions Step5: At least 15% of the approved settlement amount (inclusive of initial deposit) is payable upfront with the balance installments spread over a maximum period of 12


months. To incentivize early payment, no interest is to be charged on the compromise amount paid within three months from the date of approval of compromise conveyed to the borrower even in cases of compromise settlement on installment basis. The compromise has to be followed up closely with the borrowers for payment as per approved repayment schedule. In the event of any failure to honour any of the terms of the compromise settlement, the Bank will be entitled to exercise against the borrowers / guarantors all the rights and remedies available prior to the compromise settlement. Step 6: Before closing the account, the account has to be updated with the latest KYC

documents (Aadhar and PAN), to facilitate updation of CIBIL automatically ,once the

account is closed.

Step7: On receipt of full payment as per approved terms, the branch shall issue a “No

Dues Certificate”. The branch will arrange to cancel Bank‟s charge on the assets

registered with ROC CERSAI, Sub Registrar etc.

In cases where the title deeds have been deposited with the court, the title deeds has to

be got relinquished from the court formally before handing over to the customer.

All the standard formats for compromise settlement are available through the following link :SBI Times My Workplace -> Department 2 -> SAMG -> SOP -> Standard Operating Procedure -> E Book


DEBT RECOVERY TRIBUNALS (DRT)

Original Application (O.A.) in DRT is to be filed where the total amount of debt due to the

Bank is Rs. 10.00 lacs& above. Branches should make an application to the Tribunal

within whose local limits of jurisdiction, the cause of action wholly or partly arises i.e. the

defendant or each of the defendants, where there are more than one, at the time of

making application actually or voluntarily resides or carries on business or personally

works for gain.

Verification of enforceability of documents

o Documents should not be time barred.

o Bank‟s empanelled Advocate should verify the enforceability of documents

including those related to creation of Equitable Mortgage.

Properties held as Security should be physically verified by the Branch

2.Branch should update the addresses and other contact details of borrowers/

guarantors by:

o Personal contacts with friends/relatives/business

associates/dealers/Suppliers of Borrower(s) /Guarantor(s).

o Going through account statements where lump sum payments might have

been made.

o Engaging Investigative agencies.

o Writing to banks in the city so that current accounts / fixed deposits, if any,

maintained with them can be unearthed.

o In case of death of Borrower(s) / Guarantor(s), Branch officials should find

out all assets in his name and also to identify the legal heirs of the deceased.

Call up notice is to be served on the Borrower(s)/Guarantor(s) through Bank‟s

empanelled Advocate demanding payment of the Bank‟s dues within 30 days. The

call up notice should also contain Bank‟s intention to realize the dues by sale of

securities and / or filing of Original Application (O.A.) for recovery of the shortfall, if

any.

The outstanding in borrower‟s various accounts have to be transferred to Recalled

Assets account (RAA) after obtaining approval from the appropriate authority as per

the Scheme of Delegation of Financial Powers in force.

Original Application (OA) is to be filed in DRT immediately on approval but in any

case within a maximum period of 3 months from the date of approval. Where

documents are getting time barred, Original Application (OA) in DRT is to be filed 2

months before expiry of documents.


Procedure for filing of Original Application (OA) in DRT:

i. Preparation of Original Application (OA) :

a) An Original Application in the prescribed format is to be drafted by the Bank‟s

empanelled Advocate based on the facts/figures/documents provided by the branch within

7 days from the date of handing over the facts/figures/documents. Photocopies of the

documents/papers are to be given to the Bank‟s empanelled Advocate for preparation of

the Original Application.

c)Facts/figures/documents and addresses of the defendants [(Borrower(s)/Guarantor(s)]

mentioned in the application should be correct and all relevant material to strengthen the

Bank‟s case has to be included and specific reliefs have to be claimed in respect of the

relevant securities available to the Bank, including legal costs.

d) OA must highlight all the events/incidents where Bank supported the borrowers with

timely help/overdrawing/ad hoc limits etc. Similarly all events/ incidents where the

borrowers made false promises or did not keep their word should also be highlighted to

prove non-reliability of the borrowers.

(e) Original Application (OA) prepared by the Bank‟s empanelled Advocate is to be vetted

by the Bank‟s Law Officer and any suggested modifications are to be carried out.

(f) The amount of fee payable with Application is as under: -

For Rs. 10.00 lacs : Rs. 12,000/-

For every Rs. 1.00 lac or part thereof over Rs. 10.00 lacs : Rs. 12000 + Rs. 1000 for

every Re. 1.00 lac of debt due or part thereof In excess of Rs.10 lacs, subject to

maximum of Rs. 1.50 lacs.

ii. Interim Reliefs which can be prayed in Original Application (OA):

In the Original Application, following interim reliefs can be prayed, supported by the

Affidavit, incorporating the appropriate reasons for these: -

a) Seeking injunction restraining the defendants from transferring, alienating or dealing

with their movable and immoveable assets in any manner without prior permission of the

Hon‟ble Tribunal.

b) Attachment Before Judgment (ABJ) of assets in the name of Borrowers / Guarantors.

c) Sale before judgment in case assets charged are of perishable nature & the value of the

assets is going to diminish.

d) Seeking direction to the defendants for filing statement of assets on oath by them.

e) Impounding of Passports where Branch officials fear that Borrower(s) / Guarantor(s)

may proceed abroad.


f) Issuance of Partial Recovery Certificate based on the admission of debt by the Borrower

(s)/Guarantor (s) on the basis of latest Audited Balance Sheet or any other written

communication to the Bank.

AFTER FILING OF ORIGINAL APPLICATION (OA) IN DRT:

i. Registration of Original Application in DRT:

On receipt of the Original Application (OA) at DRT, Registrar of the DRT will

scrutinize and if found in order, it will be registered and given a Serial Number.

If any defect in the Original Application (OA) is brought to the notice of the Branch

by the Registrar of the DRT, it is to be rectified immediately.

Immediately after filing of OA in DRT, the particulars thereof are to be uploaded in

the Litigation Management System (LMS) online portal and the outcome of the

subsequent hearings are also to be updated therein on an ongoing basis. Branches

where the facility of LMS (online portal) is not available have to maintain a Suit

Monitoring Register. The outcome of each hearing has to be recorded on an

ongoing basis in the Suit Monitoring Register by the officials concerned and to be

put up to the Branch Head for information.

ii. Issuance and Service of Summons by DRT:

Registrar of DRT will send Summons by Registered Post and if it is undelivered twice,

service of Summons can also be made by publication in newspaper having wide

circulation.

iii. Interim order during first Hearing in DRT:

During the first hearing in DRT, empanelled Advocate should argue for granting the Interim

Relief (s) prayed for and obtain the same.

iv. Provisions for non-compliance of the Interim order issued by the DRT:

Where the DRT issues interim order for injunction against the Borrower / Guarantors and if

the Borrower / Guarantors disobeys the said interim order or commits breach of any of the

terms on which order was made, an application can be filed for detention of the Borrower /

Guarantors in Civil Prison or for attachment of their properties.

v. Filing of Written Statements by the Defendants:

a) The defendant (s) on service of summons are required to file their reply within one

month from the date of service of Summons. The defendants shall file two complete sets of

the reply to the Original Application (O.A.) along with documents in a paper book form, with

the Registrar of DRT. The defendants shall also serve/ provide one copy of reply to the

Applicant (Bank).

b) In cases where there is undue delay in disposal of Original Application (O.A.) in DRT on

account of granting extension for filing written statements by the defendants against the


provisions of the DRT Act and also frequent adjournments of the hearings, branches

should submit suitable applications in DRT.

vi. Hearings in DRT:

a) Summary procedure is adopted by the DRTs for adjudication of dispute. Evidence is

taken on affidavit and cross examination is not permitted except in deserving cases.

b) Bank‟s advocate and the Nodal Officer (DRT) should remain present at DRT on the

dates of hearing and should arrange for proper reply to all the issues raised by the

Defendant‟s counsel.

c) No adjournment should be sought by the Bank.

d) After hearing of the Original Application (O.A.) has commenced as per the DRT Act,

branches should pursue the matter with DRT that it is continued from day-to-day until the

hearing is concluded.

vii. Issuance of Order by DRT:

a) After giving the Applicant and Defendant (s) an opportunity of being heard, DRT shall

pass such Interim or Final Order directing payment of the amount with interest which is

found due up to the date of realization or actual payment.

b) The DRTs shall send a copy of every Order passed by it to the Applicant and the

Defendants

c) On receipt of the Order passed by the DRT, Branch should immediately file Caveat

before DRAT.

d) The Presiding Officer, DRT shall issue a Recovery Certificate under his Signature to the

Recovery Officer for recovery of the amount of debts specified in the Certificate containing

No. of Original Application (O.A.)

Name & Designation of Parties.

Particulars of claim.

Terms of payment of Decreed amount.

Execution of Recovery Certificate by Recovery Officer, DRT:

a) The Recovery Officer, DRT shall proceed to recover the amount of debt specified in the

Recovery Certificate by one or more of the following modes: -

By attachment and sale of movable / immovable properties of the Certificate

Debtor(s) / Borrowers, and / or Guarantors. Recovery Officer will issue sale

proclamation notice and will arrange for e-auction on the scheduled date.

By arrest / detention of the Judgment Debtor (s) in Civil Prison where they have

sufficient means to repay the Bank‟s dues but deliberately avoiding the same.

Appointing a Receiver for the management of the movable or immovable properties

of the Certificate Debtor (s) / Borrower(s), and / or Guarantors.


b) By issuing a Garnishee Order against any person from whom any amount is due to the

defendant directing him to pay the whole or part of the amount to the Recovery Officer.

c) The Branch should submit Form no. 13 (Proclamation of Sale) along with latest

valuation report of the properties to the Recovery Officer of DRT. Any assets unearthed by

the Branch should also be advised to R.O.

d) The Recovery Officer, DRT on receipt of Form no. 13 along with latest valuation report

of the properties will issue sale proclamation notice and thereafter shall conduct the e-

auction. 9

e) The Sale-Certificate will be issued by the Recovery Officer, DRT to the successful

Bidder on deposit of the bid amount.

i. Filing of Appeal against the Order of Presiding Officer, DRT:

a) The Bank, Defendant (s) [(Borrower(s) / Guarantor(s)] or even third party aggrieved by

an order of DRT may file an appeal to the Appellate Tribunal (DRAT) having jurisdiction

over that DRT.

b) The appeal is required to be filed with Appellant Tribunal (DRAT) within a period of 45

days from the date on which copies of the orders made by the DRT are received.

c) If the Bank decides to file an appeal against the Order of DRT, it should be filed in the

prescribed format and fee is to be paid as per the schedule below:

Amount of debt due Amount of fee payable

Rs.10 lakh or more but less than Rs.30 lakh - Rs.20,000/-

RS.30 lakh or more Rs.30,000/-

d) However, the Appeal can be filed even after the expiry of 45 days by filing an application

for condonation of delay. Appellate Tribunal may entertain appeal in such cases, if satisfied

with the reasons for delay.

ii. Filing of Appeal against the Order of Recovery Officer, DRT:

a) The Bank, Defendant (s) [(Borrower(s) / Guarantors)] or even third party aggrieved by

an order of Recovery Officer may file an appeal to the DRT.

b) The appeal is required to be filed with DRT within a period of 30 days from the date on

which a copy of the order made by the Recovery Officer is received.

Closure/settlement of Accounts/cases

After the suit amount is recovered with costs or account is closed under Compromise

settlement as applicable, branch has to file a Satisfaction memo in DRT for closure of the

Recovery Proceedings.


RINN SAMADHAAN

PARAMETER DETAILS

Scheme period Last date for receipt of acceptance along with upfront payment from

borrowers – on or before 31st January 2018.

Eligible Accounts a. Account classified as Doubtful Assets on or before 30.09.2017-Rs.25 lakhs or below

b. Account classified as Loss Assets on or before 30.09.2017-Rs.25 lakhs or below

c. AUCA and other Written-off Accounts-Accounts should have been written off or transferred to AUCA on or before 30.09.2017- Only when the total exposure including partial write off amount is less or equal to Rs.25 lakh).

The ceiling of Rs.25 lakh to be eligible under the RINN SAMADHAN is

borrower-wise.

All home loan/ home related loans in D, D2, D3 & Loss assets

accounts /AUCA/ Written off accounts as on 30/09/2017 with

sanctioned limit upto Rs.10.00 lakhs are proposed to be included

All suit filed, non-suit filed accounts are eligible. Failed OTS cases will

also be considered.

Loan accounts, where Bank has issued notices u/s 13(2) or taken

action u/s 13(4) of the Securitisation and Reconstruction of Financial

Assets and Enforcement of Security Interest Act (SARFAESI-2002) are

eligible. However, Loan Accounts where physical possession has been

taken over by the bank under SARFAESI Act and the value of security

is covering minimum 50% of our dues as on 31.05.2017 will not be

eligible under the OTS.

Substandard Asset and Cases of fraud, malfeasance, staff accounts,

loan against deposits & specified securities, Gold Loans under all

segments are not covered under this scheme.

Agriculture substandard assets which are restructured earlier are now

included.

Concession to

the borrower

1) Waiver of notional interest from date of NPA, in respect of all eligible

accounts.

2) Haircut of 25% on secured portion of the accounts and 50% on

unsecured portion in all D1 & D2 accounts

3) Haircut of 30% on secured portion of the accounts and 50% on

unsecured portion of the accounts in all D3 & Loss & AUCA on the

outstanding balance.


4)Haircut of 25% on secured portion & 40% on the unsecured portion

of all Restructured Sub-Standard Assets in Agri Segment as on

30/09/17.

5) Fast payment incentive @ 5% of the OTS offer amount is available

only to those borrowers, who pay their entire OTS amount in one lump

sum within 30 days from the date of sanction of OTS proposal.

No concessions

to be extended

for

NPA

1)Un-realised interest is reversed by Credit to Loan account. Such

interest for the period up to the NPA date will be added to the

outstanding and the adjusted outstanding amount will bereckoned for

settlement.

2) All such expenses incurred up to cutoff date, but not debited to the

account should be recovered without any waiver. However, for the

purpose of deciding eligibility actual outstanding as on 31.05.2017 in

the account is to be reckoned.

Payment terms a. Upfront - 10% of settlement (OTS) amount, along with acceptance of

OTS by the borrower.

b. 90% of Settled (OTS) amount - within 60 days of acceptance of OTS

by the borrower

An additional window of 60 days beyond the due date of payment for

the present scheme as well as the earlier scheme, by payment of 9%

interest on the unpaid portion for the delayed period.

No refunds for amount already paid and/or due to failure of OTS on

account of default by borrower.

Circular

reference

Sl.No.: 946/2017 – 18 ,Circular No.: CCO/CPPD-NPA/86/2017 – 18

,Date: Fri 10 Nov 2017

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