09 Mar 2013
Offsite ATM at Indian Oil Filling Station Terre Rouge
Fifth Offsite ATM is operational at Indian Oil Filling Station Terre Rouge
 
12 Jun 2013
Student Loan Scheme
Government backed Student Loan Scheme
   
QUICK LINKS
   
  » Savings Account
  » Current Account
  » Loan & Advances
  » SBI NRI Portal
  » SBI Smart Credit
  » Special Advance Schemes
  » International Remittance
  » Safe Deposits Locker
  » Interest Rates
Retail Banking» Special Advance Schemes

SPECIAL ADVANCE SCHEMES

SBI - COMPUTER LOAN SCHEME
Eligibility:Borrowers should be permanent employees of Govt, Parastatal bodies, Reputed Private sector companies.
Loan Amount:75% of the cost of computer & peripherals Maximum of Rs 35,000 – disbursement directly to suppliers
Security:Salary Pledge & Loan Agreement
Repayment:Maximum 36 months from the date of first disbursement
 
SBI - SCHOLAR
Eligibility:Deserving / meritorious students for pursuing higher education in Mauritius and abroad

Loan Amount:Need based subject to repayment capacity of the student / parent. For students in Mauritius – Rs 500,000/- For students abroad – Rs 2 million
Security:Up to Rs 100,000/ - 2 third party guarantee Above Rs 100,000/ - Fixed Charge / TDR / Insurance policy
Repayment:120 months (including maximum moratorium of 3 years)
 
SBI - MAX GAIN
Eligibility:As applicable to Housing Loan Running a/c facility available to new housing loans of Rs 500,000 and above
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
 
TEACHERS’ PLUS
Eligibility:Teachers/Education Officers in permanent employment and having a stable source of income by way of salary through MOE/PSSA etc. Age up to 55 years
Loan Amount:10 months of net salary with a cap of Rs 200,000/-
Security:Salary Pledge & Loan Agreement
Repayment:Maximum 4 years
 
SBI – HEALTH PLUS
Eligibility:Practicing Doctors for setting up clinic
Loan Amount:Maximum - Rs 5 million
Security:Fixed / Floating charge > Rs200,000, Rs200,000 – loan agreement Personal / Third party guarantee
Repayment:Maximum 84 months including a maximum moratorium of one year