SALARY LINKED OVERDRAFT
Eligibility: Govt Dept, Parastatal, Private Firms employees with minimum monthly salary of Rs 20,000/-.
Loan Amount: One month gross salary, maximum Rs 50,000/-
Security: Salary Pledge & Credit Agreement
Repayment: Subject to annual review

GENERAL PURPOSE PERSONAL LOAN
Eligibility: Full time confirmed employees with minimum gross monthly salary of Rs 7,000/-
Loan Amount: 15 months of net salary with a cap of Rs 350,000/-
Security: Salary Pledge & Loan Agreement and Insurance – Decreasing Term  Assurance
Repayment: Maximum 48 months from the date of first disbursement

CREDIT TO PROFESSIONAL / SELF EMPLOYED.
Eligibility: Doctors, Accountants, Lawyers, Interior Decorators etc. for purchase of furniture/office equipments
Loan Amount: 70% of Working Capital for overdraft (Max 0.5M)
Security: First rank fixed / floating charge. Up to Rs 200,000/- against Loan agreement
Repayment: Maximum 60 months from the date of first disbursement

SBI HOUSING – Purchase of Land for Construction of a House
Eligibility: Individuals above 18 years of age with steady source of income
Loan Amount: Depending upon repayment capacity
Security: 1st Rank fixed charge over land. Pledge of salary if employed House to be constructed within 5 years Repayment: Up to 180 months from the date of first disbursement

HOUSING – Construction / Renovation / Extension
Eligibility: Individuals above 18 years of age with steady source of income
Loan Amount: Normally up to a maximum of Rs 1.5 million. Higher amount can be considered depending upon the repayment capacity. Up to 100% after valuation by Chartered Valuers
Security: 1st Rank fixed charge over land. Pledge of salary if employed
Repayment: Up to 240 months from the date of first disbursement Flexible repayment period can be considered Moratorium on capital repayment – maximum 6 months

CONVEYANCE LOAN
Eligibility: Borrowers should be permanent employees of Govt, Parastatal bodies, Reputed Private sector companies or self employed
L oan Amount:85% of showroom price
Security: Lien on Vehicle, Salary Pledge / Check off
Repayment: New: max 84 EMIs Old : Max 60 months depending on age of vehicles

ADVANCE AGAINST TERM DEPOSIT
Eligibility: Any customer with a TD either in his name or a third party
Loan Amount: 90% & 95% in case of O.D. and Loan respectively - No Cap
Security: Lien on TDR
Repayment: As per the condition or maturity proceeds - In case of non servicing of interest, the moment the OD/Loan amount along with interest becomes actual to deposit amount along with accrued interest, the deposit will be foreclosed