State Bank of India

Vindhyanagar Branch Investor Meet 22 December 2008

Corporate Salary Package

Formal arrangement with Bank for remitting the salary to the concerned branch provided the organization has at least 25 employees with gross salary above Rs.5,000/- p.m.

Facilities for all variants:

Employees can open Zero Balance accounts Free ATM cum Debit Cards Can avail Core Banking Facility across all branches Free multi city cheques Easy overdraft facility (2 months net salary) Internet banking facility Utility bill payments through internet

Facilities:
Remittance facilities through RTGS/NEFT Statement through e-mail SMS alert Reduced interest rates on loans etc. (Concession of 0.25% in card rates on Car Loan, Housing Loan and Education Loan) Auto Sweep facility (Threshold Rs. 5000 (STDR Min. 10000 and multiples of 1000)

Additional facilities:
Gold Diamond Platinum

Gross Salary

20001-50000

50001-100000

More than 1 lac

Cheque book

50 leaves Free

Unlimited leaves free

Unlimited leaves free

ATM Card

Free International Card (Limit USD 1000/day)

Free International Card (Limit USD 1000/day)

Free International Card (Limit USD 1000/day)

In addition:
Vishesh Status is given to the platinum variant.

Investment opportunities in bank in the changing scenario :

Falling interest rates SBI has announced a reduction in rate of interest to the extent of 0.75% from 01st January 2009 Other banks are also announcing reduction in interest rates Market is at a low level

Options :
Market related instruments like ULIPs and Mutual Funds Fixed deposits at the existing rates, even if you have deposits not maturing before 31st December Recurring deposit

Recurring deposit:

TDS is not applicable Future investment also earns present rate of interest A large corpus is accumulated with a small contribution every month SI facility

Housing Loan:
Can be sanctioned by us for any location in India. Attractive interest announced by Public Sector Banks recently. Loans upto Rs.5 lac 8.5% p.a. Loans from 5 lac to 20 lac 9.25% p.a.

SBI Realty:

Purchase of land for House construction 85% of cost of plot and registration cost Repayment in 180 EMIs. Construction of house within 2 years

SBI Maxgain:

HL as overdraft at a slightly higher rate of interest

SBI Freedom:

Housing Loan without any margin Pledge of Liquid securities TDs/NSCs/KVPs/LIC policies Loan to the extent of 90% of securities. Waiver of mortgage

Car Loan:
Eligibility : 30 times NMI Margin : 15% of on road price Repayment period : upto 7 years Only bank offering OD facility in car loan.

Xpress Credit:
Check-off facility with employer is required Any genuine legal purpose 18 months NMI (subject to EMI/NMI not exceeding 50%)

ATM Card:
Change your PIN (password) immediately after you receive it from the bank Password should be such that you can remember it and it is not easy for others to guess Avoid keeping a written record of password, memorise it.

ATM Card:
NEVER keep password and ATM card together. NEVER disclose your password to anyone else. NEVER give your ATM card to anyone else. Dial 1800 112211 or 086 25608470 immediately, if your card is lost. Note down the reference number for future reference.