SBI launched Para Military Salary Package

30.09.2010 03:06:52 Para Military Salary Package include waiver of service charges for non-maintenance of minimum balances in salary accounts, free drafts, free cheque books, free remittances within the bank and other benefits, he said.

(live-PR.com) - SBI launched designed products and services for the Central Para Military Forces Central Reserve Police Force (CRPF), Sashastra Seema Bal (SSB), Border Security Force (BSF), National Security Guards (NSG), Indo Tibetan Border Police (ITBP) and the Central Industrial Security Force (CISF). State Bank of India today said it will extend its 8 per cent concessional home loan scheme, popularly called


teaser rates, by another 3 months till December."We will extend it till December," SBI Chairman O P Bhatt told reporters on the sidelines of an event to launch Para Military Salary Package here.The popular home loan and car loan schemes by SBI was due to expire on September 30.

First year, SBI home loan is offered at 8 per cent interest rate and at 9 per cent for the second and the third year.

From the fourth year onwards, home loans up to Rs 50 lakh attract 9.25 per cent interest while higher loans carry 9.75 per cent interest rate. At present, the scheme carries 10 per cent interest rate from the fourth year onwards. Car loan is also available at 10 per cent concessional rate.PTI

State Bank of India with over sixteen thousand four hundred plus branches has become leader by taking up this challenge by introducing `SBI Tiny no frills account` for the urban slum communities & Rural India. In this new account there is no need of `KYC` documents and the account can be opened with a zero balance. In this account one can deposit or withdraw from Rs.10/- to Rs.10,000/- the upper limit for this account is Rs.50,000/-. Bank has various loan schemes to cater different needs of rural farmers and urban slum based persons.

Comments

  1. what type of facilities to be provided by the pmsp to the crpf personnel. I would like to purchase a plot or land in my name. I am Inspector in CRPF. My basic pay with grade pay more than 20,000/-. How much amount to be provided to me to purchase ofland amnd how much interest to be deposited to the sbi authoerity. Which documents to be produced for taking loan. My A/c has already been converted in to PMSP at kolkata, Belghoria Branch.

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  2. Dear Sir, I m in ITBP in the rank of constable and i want to take education loan. i had already A/c in your sbi branch and my basic pay is around Rs.9000,and my A/c is already converted in pmsp A/c. what should i do pliz advice.

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