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  #2  
1st July 2012, 01:24 PM
Super Moderator
 
Join Date: May 2012
Re: SBI News Pension Scheme

You are asking for the SBI Loan scheme for Pensioners and Family Pensioners. Here I am uploading a file that contains the details for the loan program for Pensioners. You can download it from here.



The SBI Repayment Period for Pensioners is as follows:


Age at the time of loan sanction Repayment period Age at the time of full repayment
Upto 70 years 36 months 73 years
70-72 years 24 months 74 years
Attached Files
File Type: doc SBI Loan scheme for Pensioners.doc (24.0 KB, 65 views)
  #3  
5th October 2019, 12:30 PM
Unregistered
Guest
 
Re: SBI News Pension Scheme

here I am looking for info regarding to State Bank of India (SBI) National Pension System , so will you plz let me know about the same here , as my uncle asking for the same ??
  #4  
5th October 2019, 12:31 PM
Super Moderator
 
Join Date: Aug 2012
Re: SBI News Pension Scheme

State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body. It is a government corporation statutory body headquartered in Mumbai, Maharashtra.

As you asking I am telling State Bank of India (SBI) offers National Pension System (NPS) with an objective to provide social security to all citizens of India. NPS is a defined contribution pension system introduced by the Government of India as a part of pension sector reforms.

Eligibility for SBIs National Pension Scheme
An individual should be between the age of 18 to 60 years.

Based on the KYC norms the following documentation is required:

Photo Id proof
Date of birth proof
Address proof
Application form

In the case of Tier I type of NPS account:

The minimum contribution for account opening is Rs.500
The minimum amount payable for every contribution is Rs. 500
The minimum Required Account Balance at the end of every financial year is Rs. 6,000
There must be at least 1 minimum contribution during a year.

In the case of Tier II type of NPS account:

The minimum contribution for account opening is Rs.1,000
The minimum amount payable for every contribution is Rs. 250
The minimum Required Account Balance at the end of every financial year is Rs. 2,000
There must be at least 1 minimum contribution during a year.

Bank profile :
Type
Public
Traded as
NSE: SBIN
BSE: 500112
LSE: SBID
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, financial services
Predecessor
Imperial Bank of India (1921-1955)
Bank of Calcutta (1806-1921)
Bank of Bombay (1840-1921)
Bank of Madras (1843-1921)
State Bank of Travancore (1945-2017)
Founded
2 June 1806, Bank of Calcutta
15 April 1840, Bank of Bombay
1 July 1843, Bank of Madras
27 January 1921, Imperial Bank of India
1 July 1955, State Bank of India
Headquarters State Bank Bhawan, M.C. Road, Nariman Point, Mumbai, Maharashtra, India
Number of locations
24,000
Area served
Worldwide
Key people
Rajnish Kumar
(Chairman)
Products Retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance
Revenue Increase₹265,100 crore (US$38 billion)(2018)
Operating income
Decrease₹15,528 crore (US$2.2 billion) (2018)
Net income
Decrease₹6,547 crore (US$950 million) (2018)
Total assets Increase₹3,312,461 crore (US$480 billion) (2018)
Owner Government of India
Number of employees
264,041 including 107,077 officers
(March 2018)
Parent SBI Group


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