Agency Services Provided By State Bank Of India

I want to know about the Agency Services Provided by State Bank of India so can you please give me some information about this?

[Kiran Chandar]

The State Bank of India is one of the leading banks in India.

It has at least 80 thousand insurance advisors in its agency channel that allows it to offer services on a door to door basis.

Following are some of the important Committees managing the key affairs of the Bank :
Risk Management Committee
Credit Risk Management committee
Asset Liability Management committee
Operational Risk Management committee
Audit Committee
Central Management Committee
Central as well as Local Boards

Products And Services
SBI offers :-
Working Capital Finance
Project Finance
Deferred Payment Gaurantees
Corporate Term Loans
Structured Finance
Dealer Financing
Channel Financing
Equipment Leasing
Loan Syndication
Financing Indian Firms Overseas Subsidiaries or JVs
Construction Equipment Loan

SBI Retail Banking
The following services are provided under Retail Banking:-
• Term Deposits
• Recurring Deposits
• Housing Loan
• Educational Loan
• Personal Loan
• For Pensioners
• Against Mortgage of Property
• Against Shares & Debentures
• Plus Scheme
• Medi-Plus Scheme
• Rates of Interest

SBI NRI Account Services
• Deposits accounts, with following types:
• NRE Savings Bank Account.
• Foreign Currency Non-Resident Deposit Accounts.
• NRE Term Deposits.
• Non-Resident (Ordinary Accounts).
• Resident Foreign Currency Accounts.
• NRI-Car Loan Schemes.
• Miscellaneous services like -
• Facilities for returning Indians.
• Investment schemes for NRI
• Tax benefits for NRIs.
• Remittances to India.
• NRI home Loans.

State Bank of India Loans
Home loans.
SBI Saral Personal loans.
Easy travel loans.
Gram Nivas scheme.
Car loan.
Education loans.
Property loans.
Loan to pensioners.
Loan against shares and debentures.
Loan for earnest money deposits.
Festival loans.
Medi-plus scheme.
Teachers-plus scheme.
Tribal -plus scheme.
Credit khazana.
Rent plus.
SBI career loans.