Detailed info about SBI and its functions

1. Public Sector Banks
By
Y.Himadeep
C.K.Swetha
K.Mounika
Manish

2. Public Sector Bank
 PSBs are banks where a majority stake (i.e. more than
50%) is held by a government.
 The shares of these banks are listed on stock exchanges.
 There are a total of 27 PSBs in India i.e.
 21 Nationalized banks + 6 State bank group (SBI +
5 associates)

3. List of nationalised banks
 Allahabad Bank
 Dena Bank
 Andhra Bank
 Bank of Maharashtra
 Indian Bank
 Indian Overseas Bank
 Bank of Baroda
 Oriental Bank of Commerce
 Bank of India
 Punjab & Sind Bank
 Canara Bank
 Punjab National Bank
 Central Bank of India
 Syndicate Bank
 Corporation Bank
 UCO Bank
 Union bank of India
 United bank of India
 Vijaya bank
 State bank group
 IDBI

5. Basic information about the
bank
 State Bank of India is an Indian Multinational, public sector
banking and financial services company.
 It is a government owned corporation with its head quarters in
Mumbai, Maharashtra.
 2 June 1806, Bank of Calcutta.
 27 January 1921, Imperial Bank of India.
 1 July 1955, State Bank of India.
 2 June 1956, Nationalisation.

6.  As of 2015-2016 it has assets of INR 20.480 trillion(US 300
BILLION)
 More than 14,000 branches, including 191 foreign offices spread
across 36 countries.
 Largest Banking and Financial services company in India by
assets.
 The company is ranked 232nd on the Fortune Global 500 list of the
worlds biggest corporations as of 2016.
 It has 20% market share in deposits and loans among Indian
commercial banks.

7. Functions and its objectives
Central Banking Functions:
1. Banker to the government
2. Banker to banks in a limited way
3. Maintenance of currency chest
4. Acts as clearing house
5. Renders promotional functions

8. General Banking Functions:
1. Accepting deposits from the public under current, savings, fixed
and recurring deposit accounts.
2. Advancing and lending money and opening cash credits upon the
security of stocks, securities, etc.
3. Drawing, accepting, discounting, buying and selling of bills of
exchange and other negotiable instruments.
4. Investing funds, in specified kinds of securities.
5. Offering remittance facilities such as, demand drafts, mail
transfers telegraphic transfers, etc.

9. 6. Buying and selling of gold and silver
7. Provides shipping finance.
8. Provides Merchant Banking Facilities.
9. Promotes housing finance through "SBI Home Finance Ltd".
10. The State Bank may with the sanction of the Central
Government, enter into negotiations for acquiring the
business of any other Banking Institutions.

10. State Bank of India Services
 State Bank of India Services are most varied and innovative
amongst all its contemporaries. State Bank of India Services
includes a host of products and services to suit all types of
consumers.

11. Banking Subsidiaries:
 State Bank of Bikaner and Jaipur (SBBJ)
 State Bank of Hyderabad (SBH)
 State Bank of Indore (SBIr)
 State Bank of Mysore (SBM)
 State Bank of Patiala (SBP)
 State Bank of Saurashtra (SBS)
 State Bank of Travancore (SBT).
Foreign Subsidiaries :
 State bank of India International (Mauritius) Ltd.
 State Bank of India (California)
 State Bank of India (Canada)
 INMB Bank Ltd, Lagos.

12. Non- banking Subsidiaries :
 SBI Capital Markets Ltd (SBICAP)
 SBI Funds Management Pvt Ltd (SBI FUNDS)
 SBI DFHI Ltd (SBI DFHI)
 SBI Factors and Commercial Services Pvt Ltd (SBI factors)
 SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
Joint ventures :
 SBI Life Insurance Company Ltd (SBI LIFE).

13. Products & Services
 Retail banking
 Corporate banking

14. Retail banking
 Term Deposits
 Recurring Deposits
 SBI Home Loan
 SBI Car Loan
 SBI Educational Loan
 Personal Loan.

15.  Recurring Deposits:
• A special kind of term deposit
• Min period is 6 months and max is 10 months.
• Interest rate ranges from 6.5% to 6.9%
 Term deposit
• Held for a fixed term.
• Maturity ranging from a month to a few years
• Interest rates range from 5% for a 30 day term to 7.25% for
a 5year FD

16. SBI Home Loan

17. SBI Car Loan
Features and Eligibility SBI New Car Loan Scheme
Interest Rates 9.60% Floating
Maximum Loan Amount
Eligibility
85.00% of on-road price
Maximum Loan Tenure (years) 7 years
Lowest EMI per Rs. One Lakh
Loan Amount (Rs.)
Rs. 1640

18. SBI Education Loan
 SBI student loan scheme
 0.50% concession in interest for girl students
 1% concession for full tenure of the loan, if interest is serviced
promptly as and when applied during the moratorium period,
including course duration

19. SBI Education Loan
 SBI scholar loan scheme
 IT exemption under Section 80(E) in respect of interest paid in
all Education Loans

20. SBI Personal Loan
Salaried Self Employed
Interest Rate 12.50% - 16.60% 11.20% - 16.30%
Lowest EMI Rs. 2,658 per lakh
Rs. 2,594 per lakh
Loan Tenure From 6 months to 48
months
From 12 months to 48
months
Loan Amount Min Rs. 10,000 and Max
Rs. 1,000,000
Min Rs. 500,000 and
Max Rs. 1,000,000,000

21. Corporate banking
• Working Capital Finance
• Project Finance
• Deferred Payment Guarantees
• Corporate Term Loans
• Lease Finance.

22. Digital banking services
 Internet banking
 Credit card facilities
 E-buddy
 Mobile banking

23. Other Products And Services Offered
1)SBI Life Insurance
2)SBI Mutual Funds
3)SBI Medical Insurance

25. Which category do they cater to
 Personal Banking
 NRI Services
 Agriculture
 International
 Corporate
 SME
 Domestic Treasury

26. How do they offer these
services
 The delivery of new product capabilities to all
customers, including those in rural areas.
 Provision of a single customer view of accounts.
 Support for all SBI existing products.
 Reduced customer wait times in branches.

27. How do they help in
development of banking sector
 Mobilising savings for capital formation.
 Financing industries.
 Financing trade.
 Financing agriculture.
 Financing consumer activities.
 Help in monetary policy.

28. Procedure for documentation of
product and services they offer

29. Savings bank:
Documents required:
 Copy of address proof
 Copy of Photo identity proof:
 Recent passport photo 2 copies.
In addition,
 They should have an introducer, who already have an SB a/c
with SBI or any other renowned person.
 Cash Rs1000- for first transactions .
 If we want to deposit Rs50,000-PAN card is must.

30. Fixed Deposits, Term Deposits, Recurring Deposits:
The documents required for opening these accounts should be
inter-linked with the individuals savings account as for opening
these accounts they must have an savings account.
Hence the documents required for opening these
accounts are same as required as per savings account.

31. Corporate Account:
• Memorandum of Association ( MOA )
• Articles of Association (AOA )
• Business address
• Certificate of Incorporation
• PAN Card in the name of the company
• Certificate of commencement of business

32. Education Loan:
Documents required are,
 Completely filled in Loan Application Form
 Letter of admission
 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

33.  Proof of residence
 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) of Parent/ Guardian/ other
co-borrower

34. Home Loans :
Documents required are,
 Completed loan application
 3 Passport size photographs
 Proof of identify
 Proof of residence
 Proof of business address for non-salaried individuals
 Statement of Bank Account/ Pass Book for last six months
 Signature identification from present bankers
 Personal Assets and Liabilities statement

35. For guarantor (wherever applicable)
 Personal Assets and Liabilities Statement
 2 passport size photographs
 Proof of identification as above
 Proof of residence as above
 Proof of business address as above
 Signature identification from his/her present bankers

36. Property Related Documents:
Additional documents required when old property is being
purchased:
 Valuation certificate from a Government approved valuer.
 Certificate from the Govt. approved architect/ structural
engineer certifying the condition of the house/ flat.
 The condition of the house / flat should be such that the
security cover for the Bank's loan remains unaffected till full
repayment of the loan.

37. Brouchers /marketing materials

38. Brouchers /marketing materials

39. Technology
CORE BANKING 24 also called bank@24
 Balance of payments and withdrawal are
done.
 Mobile banking
 Internet banking
 ATM’s
 Recording of transactions
 Passbook maintenance
 Interest calculations on loans and deposits
 Customer records

40. Marketing techniques