P Segment Loan Products At a Glance

Product Name

Type

(For Upcoming Promotional Examination 2016) - Updated upto December 2015

Min.

Max.

Margin

EMI/NMI or NAI

Repayment

Miscellaneous Loans
Loan Against TDR/STDR (Max 4, Spl Case 5)

DL/OD No

No

10%

Residual Tenure of FD

25,000/-

5 Crore

25%-TD
10%-STD

3/5Yr-TD/STD

DL

20,000/-*

20 Lac

25%

Upto 30 Months

OD

1 Lac

20 Lac

25%

Upto 36 Months

Loan for IPOs

DL

50% Aplc. Money 1 Lac(Max 10 Lac per Person)

50%

Within 30 Days of Altmnt

Loan against Shares/Debentures

DL/OD 50,000/-

50%

Upto 30 Months

Online OD against TDR/STDR*

(Available only between 8 to 20 IST)

OD

SBI Gold Loan (Minimum 21 Year of age)

SBI Personal Liquid Gold Loan*

Loan against NSCs/KVP*

DL/OD

10 Lac-Physical, 20 Lac-Demat

Linked to the value of NSC/KVP

Advance against RBI relief bond (Abv 21 Yr Age)

Advance against SBI Mutual Fund (21-65 Year)
Min NMI-5,000/-, Min NAI-50,000/Loan against units of SBI Debt Fund Series
(Age Min - 21 Years, Max - 65 Years)

40%-Public
15%-Staff
40%

DL/OD 10,000/-

20 Lac - Demat Form

50%

Min NMI-5000/NAI-50,000/-

30 EMIs

DL/OD 10,000/-

10XNMI / 1XNAI / 20Lac

Short-30%
Long-50%

Min NMI-5000/NAI-50,000/-

SDFS Short Duration-12EMI

SDFS Long Duration-36EMI

Loan to employees to purchase ESOPs

DL

20 Lac/24NMI/90%Value

10%

Loan against Govt. Securities

TL/OD

Loan against Mortgage of Immovable Property

Max 60 Years of Age
Min NMI 25,000/-, Min NAI-3 Lac

TL

Advance against LIC Policies

DL/OD

Rent Plus

TL

No

Min 1000/- thereafter in multiple of 100/-

2 Crore-Tier-I & Tier-II

1 Crore-Rest of India
40%
50 Lac-NE/Bhub/Bengal Circle except
Tier-I/II Cities

25,000/-

Linked to the Surrender Value

3 Years(With Mort 12M)

10-15%
.=<50%

With Checkoff-120 Month

Without Checkoff-72Month
(May be 84 Month by C.A.)

5%

Within 3 Years

25%

10 Yr or Residual Lease Period

50,000/-

Metro/Non-Metro - 7.50/5 Crore

Equity Plus [Check off facility is must]

No

18XNMI, Max 90% of purchase price 10%

Maximum 60 EMIs

Loan for purchase of Solar Water Heating System

No

5,000/-

60 Installment

20%
Personal Loan

5,000/-

Twice the remaining balance in RD

Subject to Maximum of 50,000/-

SBI Pension Loan

25,000/-

18 Months' Pension with ceiling,

Pensioner / Family Pensioner
Upto 72 Years-14/5 Lac
Above 72 to 74 Yrs-12/4.50 Lac
Above 74 to 76 Yrs-7.50/2.50 Lac

Nil

Pensioner-50%
Family P-33%

Max Repayment Period

Upto 72 Yrs - 60 Months
Above 72 to 74 - 48 Months
Above 74 to 76 - 24 Months

Jai Jawan Pension Loan (Max Age 50 Years)

No

48XNMI, Max 2 Lac

Nil

.=<40%

Maximum 84 Months

SBI Saral [Min NMI should be 5,000/-]

RUSU-10,000/12XNMI, Max 10 Lac

Metro/U-24,000/-

Nil

50%

Min-6 Month, Max-48 Month

.<=50%

Min-6 Month, Max-60 M or

Residual Srv, wchvr is less

Bhagya Rekha Loan for Women

DL

RD should be at least 12 Month Old

TL-24,000/-,
Xpress Credit (Min NMI 7,500/-, 1 Yr Service)
TL/OD
No Salary No Loan, Max 2 Loan, Should be 1 Yr Gap
OD-10 Lac

24XNMI, Max 15 Lac

Nil
12 Month Gross Sal- School Teacher

Festival Advance
DL
Employee-Min 2 Yr Service, Self Emp.-3 Years

5,000/-

4XNMI, Max 50,000/If Checkoff avl - 1Lac

SBI Home Loan Scheme (Regular Scheme)

Age:18-70Years(Co-borrower: 50 Years)
Max 3 Co-borrower, Penal Int. for irregular a/c :
TL
Upto 25,000-Nil, Above 25,000-@2% Above
Interest Rate for the period of default
Intr Concession-0.05% to women borrower

NAI & EMI/NMI Ratio

LTV Ratio
<=1.20 Lac - 20%, 1.20 Lac+ to 3 Lac - 30%, 3 Lac+ to 5 Lac - 50%, 5 Lac+ to 8
Upto 30 Lac-90% Lac - 60%, 8 lac+ to 10 Lac - 65%, Above 10 Lac - 70%
30+ to 75Lac-80%
^In Principal Approval is valid for 30 Days, Validity of Sanction-6 Month
Abv. 75 Lac-75%
CIR- Up to 10Lac-1 Report(CIBIL), Above 10Lac-2 Report(CIBIL & ECISPL)
Max Moratorium-48 Months(GM Approval) ^Half Yearly Inspection for NPA A/cs

NRI Home Loans (Age 18+)

3 Lac

Nil

Maximum 12 Month

Home Loan

TL

No Max, Sub. to EMI/NMI ratio

Should be employed for 2 years in India or abroad 30 Years or Upto age of 60

No

10 Crore

Upto 75 Lac-20%
, 75 Lac+ to 1
Crore-25%,
Above 1 Crore25% on loan upto
1 Crore & 50% on
above 1 Crore

20 Lac*

No Ceiling
^For above 1 Crore-0.25% premium
of int.rate & 0.45% for CRE

Cheque Book & INB facility may be provided after disbursement of loan.
No ATM Faciliy

SBI Realty (Age 18+)

__________________________
Loan above 50 Lac require Administrative Approval
TL
Processing Fee - 0.50%, Max - 10,000/Construction should be completed within 2 years
from the availment of the loan.
SBI Maxgain (OD) [Min 5,000 Bal. in SB/CA]
Businessman are not eligible

OD

SBI Home Equity (Home Topup Loan)

Not more than 2 loans (1 year gap b/w both)
Min NAI - 3 Lac

TL/OD 2 Lac

Tribal Plus (For Hilly/Tribal Areas) [Age 21-60]

Min 5 Year of Service/Activity
Liquid Sec : Salaried-30%, Others-50%

30 Years or Upto age of 70

25 Years for CRE & Individual
engaged in Business
^At least 48 PDC to be
obtained where Check off/
ECS/SI are not available.

Based on NAI
60,000 to 2 Lac-30%
2 Lac+ to 5 Lac-40%
5 Lac+ to 10 Lac-45%
Above 10 Lac-50%

3 Lac to 5 Lac- 55%

5 Lac+ to 10 Lac-60%
Above 10 Lac -70%
NAI<3Lac, No loan

5 Crore
^Security-Extension of Mortgage (Not
mandatory for loan upto 5 lac)

180 Month (15 Year)

commencing from the month
following the month of
disbursement of the loan

15 Years or Residual Tenure

of House,whichever is Higher
(Borrower may opt lower)
[Before 70 yrs of age]

36XNMI, (Employees)
3XNAI, (Others)
Ceiling of 10 Lac

Con./Pur-15% Eligibility : 2 Years Avg Bal

15 Years / Remaining Service
Rep/Ren/
of 5,000/- or Satisfactory
(salaried) / 65 Years (Others)
Additional-10% conducted loan for 2 years

Gram Niwas [Rural Population below 50,000

as per 2001 census ; Age : 18-50, Above 50 Yrs, TL/OD
if all legal heirs join as guarantor]

For Construction/Purchase-5 Lac

For Repair/Renovation-2 Lac
For Purchase of Land-1 Lac

Upto 50,00010%, 50,000+

to 5Lac - 15%

Sahyog Niwas [Priority Sector Adv under SHG]

SHG having good track record of past 2 years

10 Times saving corpus of SHG

including limit earlier sanctioned.

On Lending by SHG
Purchase/Const.-Max 50,000 per member, Rep/Ren-25,000 per member

100% of Appl Money, Max-10Lac

Repayment- Lumpsum, Note more than 12 month[1 Person 1 Application]

1 Crore (90% Cost of Property)

Loan Tenure : If Age of borrower upto 68 yrs-15yrs, Above 68 yrs-10yrs

[In case of joint lending age of younger borrwer will be consider for
calculating loan tenure]

Earnest Money Deposit Scheme [Min Age 21]

Reverse Mortgage Loan [Non Renewable OD]
[Min Age : Brwr- Abv 60 Yrs, Spouse-Abv 58 Yrs]
Not having more than 1 surviving spouse

No

DL
3 Lac

Green Housing Loan : 0.10% Concession in Int. Rate, if certified by LEED India/TERI BCSD India (Energy
Saving - 20-30%, Water Saving - 30-50%

AAI(Avg. of Last 2 Years)

Upto 40,000-25%
15 Years (180 Months)
40,000+ - 2 Lac-45%
2 Lac+ to 5 Lac-55%

Margin concession-5%, sub to min margin

stipulation of 15%

Waiver of Processing Fee

CRE Home Loan : Third Home Loan will be treated as CRE and is restricted to max 3 =Total 5(3+2), Only TL No OD [Except CRE Maxgain (Int Rate@0.45% above normal)]
Above 5 : Loan will be treated as SME-CRE.

Product Name

Type

Min.

Max.

Margin

EMI/NMI or NAI

Yuva Home Loan [Age 21-45] - 20% Extra Loan (1.20 times of regular Home Loan based on EMI/NMI ratio). Benefit to CSP a/c Min NMI-30,000(expected
rent will not be added)
holders, if not under CSP- Festival Loan (DL) for 3 month NMI repayable within 36 months permitted.

Repayment
Upto 30 Years, First 36
Months-Only Interest, From
37th Month-Normal EMI

Her Ghar Loan : Concession in interest of 5 BPS to women borrower, if she is one of applicant / co-borrower of the loan.
Pre Approved Limit (PAL) : Available at RACPC only. Min Loan Amount- 10 Lac, PLAL(Arrangement Letter) is valid for 4 months.
Car/Vehicle Loan
SBI Car Loan Scheme [Age : 21-65 Years]
TL/OD No
NAI : Salaried-3 Lac, Businessman/Agri-4 Lac

Salaried - 48XNMI
15%* of onroad Upto 5 Lac - 50%
Self Employed/Bussinessman-4XNAI cost of vehicle, 5 Lac+ to 10 Lac - 50%
10% for CSP Above 10 Lac - 60%
Agriculturist - 3XNAI

7 Years upto age of 70 Years

SBI Combo Loan Scheme : Term Loan only no OD for purchase of Car + Two Wheeler, Both loan should be disbursed within 1 Month, No Takeover/Reimbursement permitted. Other
Stipulations, Min Max etc will be same as Car Loan Scheme.
SBI Car Loan Scheme for Used Cars
Vehicle should not be more than 5 year old

No

30XNMI, 2.5XNAI
Max - 15 Lac

15%

50%
70%, If NAI>10 Lac

Certified Pre Owned Car Loan*

Vehicle should not be more than 8 year old, Min
TL
NAI- 2 Lac & above, ownership should not be
changed for more than 2 times

1 Lac

30XNMI, 2.5XNAI
Max - 5 Lac

20%
Highest

Valuation : Invoice of the

8 Years minus age of the
dealers or the IDV as per the
vehicle, subject to maximum
motor insurance policy
tenure of 5 years
whichever is less.

Within 7 Year from the date of

original sale

Car Loan OD : Overdraft with ATM, Checkbook & INB Facility (only after full disbursement), Min Loan : 3 Lac, DP reduces on monthly basis.
NRI Car Loan for New Vehicles [Age: 21-65]
Min NMI-US$1,000/-, NAI-US$12,000/- or eqvlnt

18XNMI or 1.5XNAI

15%

Upto 5 Lac - 50%

5 Lac+ to 10 Lac - 50%
Above 10 Lac - 60%

7 Years upto age of 65 Years

SBI Loyality Car Loan(Colleteralized CL Scheme) : For existing Housing Loan borrower for 1 year with margin of 15%, Loan Amount : 75% MV of property less present outstanding of
HTL or Home Equity, Security : Hypoth. of Vehicle and Extension of EM, Extension of EM not required for loan upto 10 Lac, 100% Financing No Margin, Min NAI - 2 Lac, Repayment - 7
Years, No takeover No Reimbursement.
SBI Nano Youth Car Loan Scheme
Age : 18-28 Years [College Going Students :
18-25 Years, Parent Max - 55 Year]

1 Lac

2.75 Lac

Two Wheeler Loan

(Hypothecation of Vehicle in the book of RTO)

No

Salariat- 6XNMI
Others- 50% of NAI (Half of NAI)

Super Bike Loan* [500CC Bike, 4 - 44Lac]

Min NAI - 6 Lac

3 Lac

15%

Min NAI - 2 Lac

15%

Petrol/Diesel/Gas Operated

15%

Upto 5 Lac - 50%

5 Lac+ to 10 Lac - 50%
Above 10 Lac - 60%

(5% Concession for Min NMI-6,250/-, NAI-75,000/new vehicle may be Mopeds and battery Operated
permitted)
Min NMI-5,000/-, NAI-60,000/-

5 Years (60 Months)

Maximum - 36 Months
Commence from next month.
Repayment Date- 10th, if loan
sanctioned on or before 15 & 20 if
sanctioned latter.

5 Years (60 Months)

Super Luxury Imported Car* : Above 1 Crore (High Value Car above 20 Lac to 1 Crore), Long delivery time upto 3-6 months/high profile customer, Referred to DGM(B&O), Max Loan - 85%
of ex-showroom price [DGM(B&O) may permit upto 90%], Min Income as per Car Loan Scheme, CIBIL Score-650 for salaried & Private Listed Com. & 700 for Businessmen, Professional
& Self employed (other than Physical/Doctors/CA/CS/Cost Accountants/Architect), Disbursement : Stage 1-Cost of vehicle, Stage 2-Customs Duty [to dealer account through RTGS/NEFT],
Securtiy : Hypothecation of vehicle, no interim security, Registration of vehicle within 30 days of disbursement.
Education Loan [Consideration under Priority Sector Advance for Loan upto 10 Lac only* for both in India & Abroad - Latest Change*]
Credit Guarantee Fund Scheme for Education Loan (CGFSEL)* by MoHRD, GoI to cover the loan upto 7.50 lac.
SBI Student Loan*
Moratorium Per. may be extended for 1 year
[Max-24 Months]
SBI Scholar Loan*
No loan for study at abroad, ATM & INB
Openion Report will not be compiled.
Application to be disposed of within 2 to 3 days
All MMGS-III & above branches
Scholarship/Assistantship to be included in
margin
SBI Skill Loan Scheme* [No age stipulation]
(Replaces SBI Loan Scheme for Vocational Education &
Training) /* No Course Duration Stipulation */

Upto 7.5Lac-Nil
Above 7.5 Lac: Moratorium Period
5%-India, 15% Course Period + 1 Year
Abroad

No

In India - 10 Lac
Abroad - 30 Lac

TL

No

List AA-30 Lac(Without Sec)

List A-20 Lac(Without Sec), 30 Lac
(With Sec)
Nil
List B-20 Lac (Without Security)
List C-7.50 Lac(Without Sec), Above
7.50 Lac to 30 Lac (With Security)

TL

5,000/-

1,50,000/

TL

NIL
Insurance of
Loan is
optional.

Moratorium Period
Course Period + 1 Year

Max 15 Year after

commencement of
repayment.

Max 15 Year after

commencement of
repayment.

Moratorium Period
Loan upto 50,000- 3 Years
Course upto 1 yr-Course +
50,000/-+ to 1 Lac-5 Years
6Month, Abv 1 yr-Course +
Above 1 Lac- Upto 7 Years
12 Months

SBI Education Plus : Distance Education, Part Time Courses etc., Age : Below 45 Years, Loan : Min- 25,000/- Max -15XNMI or 1 Lac, Margin : 10%
SBI Career Loan [Presently for Airhostess]
Min Borrower Age-18, Co-borrower-Max 60

3 Lac

EM-20%
Liquid-10%

Security
EM or Liquid Security

36 EMI after Moratorium

Padho Pardesh : For minority community students studied abroad, Loan upto 20 lac are eligible where family income is below 6 Lac, Moratorium Period Interest will be bear by
Government, Master, M.Phil, PHD Courses are valid, Loan sanctioned and disbursed after 2013-14 are eligible. [Prime Minister 15 Point Programme]
Student Plus Advantage Card : Product of SBI Card
* Represents latest changes in the product/New Product
FDetails are collected from different source viz Banking Guide, QSS, E-Circular, SBI Corporate Website. Please refer to original circular for any clarification. Not liable for error, if any.

Compiled By : Sidharth Singh, State Bank of India, RBO-IV, Azamgarh | sidharth.singh@sbi.co.in | +91-8127868528