41 NEW PRODUCTS OF SBI( LATEST Asset & Liability Products of SBI : At A Glance – As on 30.09.2010 )

Ghanshyam Prasad Srivastava Asst General Manager, Specialized P B Branch, Patna. (For Internal Circulation Only)

SR SCHEMES FEATURES01 Floating Rate Term

Deposit (FRTD) –Interest Rate linked to the Bank’s Base Rate.

Ref e-Cir 349/ 16.8.10 and for Product codes e Cir 438 dt 04.09.2010.

Rationale/ Purpose: To allow the investors to lower their asset-liability mismatch taking advantage of changing interest rate environment, even in short period, as rates are reset periodically. To attract long term-deposits in the current interest rate regime. Eligibility: Any Individual (Singly or jointly), Minor (jointly with guardian), Karta of HUF. In joint a/cs, if one or more depositors stop the operation, the a/c will be operated by all holders jointly. Minimum Amt: ` 1000 in multiple of ` 1000. Maximum Amt: ` 15 lacs. Period of Deposit: 1 / 3 / 5 yrs only. Interest: 1 yr (50 bps < Base Rate), 3 yrs (25 bps < Base), 5 yrs (At Base Rate). In to Sr Citizen (+0.5%) and staff (+ 1.0%) as applicable. Interest will be paid quarterly/ monthly discounted. Liquidity: Loan/ OD upto 90% available at 1.5% p.a. above the deposit rate. Nomination: Free of charge. FRTD A/c can be transferred to any branch. Automatic renewal. TDS on interest above ` 10000 per customer, per year, per branch. Premature Withdrawal – Penalty of 1% below the rate of deposit with bank.

02 Term Deposit – SBI 555 & SBI 1000 Days

Rationale / Purpose: To market medium term deposit aggressively offering attractive rate of interest. Segment – All. Branches – All. Type of Account – TD or STD for 555 / 1000 days. Effective date – 17.08.2010. Validity – May be withdrawn at short notice. All other features as in TD / STD. For Product codes & further reference see e-Cir 347 dated 16.12.2010.

03 Term Deposit for 18 yrs for Girl ChildProduct Code: 2511-1801Ref e-Cir 286 dated 29.07.2010.

Rationale / Purpose: To target beneficiaries of Govt Departments who plan to deposit a corpus at the time of birth of a “Girl Child”. Eligibility: Joint a/cs with legal guardian of Girl child operating the account. Provision to be made to accept the mandate of Govt Dept funding the amount. KYC – Liberalised KYC for the guardian. Min `1000 by chq issued by Govt Authority, Max – no cap on maturity amount of deposit. Premature withdrawal – allowed on death of the minor or mandate received from the Govt. Loan not available to minors. No Auto renewal on maturity. Other features – As applicable in FD. While opening account Date of Birth of the Girl child and maturity should be feed manually. In no case maturity date exceed 18 yrs from date of birth. Rate of Int – 8% (Valid upto 30th Sept 2010).

04 SPICA – Special Package for Insurance Commission Agents.

For further details refer e-Cir 298 dated 31.07.2010.

Rationale: To tap deposit from commission agents giving facility equivalent to Silver customers under CSP (Corporate Salary Package). Eligibility: Insurance agents/ Advisors of Life / General Insurance Cos as listed. Min Balance: NIL. ATM-cum Debit Card – Free Domestic card with free maintenance & add on card, without personal accident insurance. Transactions at ATM – Free, Unlimited number but max ` 40000/- per day in SB Gr ATMs. Max Withdrawal ` 10000 per transaction, 5 tranx free at other Bank ATMs. POS (Point of Sale) Transx – max ` 50000 daily. Internet Banking- Free from SBI, Charge for others sites. Core Power: Transaction at Non-home/ intra-bank – Free for SPICA A/c. Cheque Book – Free 25 leves in a year, extra ` 2 per leaf. Charges on Multi City Chq leaf, payment & Tranaction – NIL. Saving Plus Available. Overdraft – Not available.

05 ‘SME POWER’ Current Account.

Ref e-Cir 245 dated 17.07.2010

Rationale: To fine tune various existing SME C/As to make them more competitive in order to get better C/Ac volumes, a range of 8 ‘Made to Order’ Business current account have been introduced. Marketing Tips: The products have ‘Best in Class’ features compared to competitors’ products. Selected features are – 1. Customer can choose product having QAB (Quaterly Avg Balance) from ` 20000 to ` 5 lacs. 2. Extent of concessions/ freebies is based on QAB maintained by the customers. 3. New 8 products are – i. QAB - ` 5 lacs – Power Pack (Product Code – 5096-2401), ii. QAB - ` 4 lacs – Power Premium (5096-2411), iii. QAB - 3 lacs – Power Privilege (5096-2421), iv. QAB - 2 lacs – Power Advantage (5096-2431), v. QAB - ` 1 lac – Power Gain (5095-2401), vi. QAB - ` 75000 – Power Super (5095-2411), vii. QAB - ` 40000 - Power Lite (5095-2421) and viii. QAB - ` 20000 – Power Base (Product Code- 5081-2401). 4. Cheque protection facility (Temporary OD) will not be available in new Power Accounts. For further details refer e-Cir 245 dated17.07.2010.

06 SBI FX Trade – Client Rationale: To tap the huge potential in clientele business in currency futures by acting intermediary/ broker by providing an online platform linked to the Bank a/c for the

Business in Currency Futures

Reference e Cir 27 dated 16.04.2010.

customer to place the trades in the exchanges. Product Co-ordinator: Department of Global Markets, Mumbai. Currency Futures contract is standardized form of a forward contract that is traded on an exhchange. It’s an agreement to buy or sell a specified quantity of an underlying currency on a specified date at a specified price. One can use a tool to lock a particular value for their forex receivables/ payables protecting against the currency volatilities. In India, 4 Currency pairs are traded – INR with USD/ EURO/ GBP/ JPY with lot size of 1000 units except JPY (100000). Settlement to customer is made in Rupee only. Advantages: 1. Ease of trade. Customer can trade from anywhere across the country through his online trading a/c. 2. Transparent & Efficient price discovery as it is exchange traded. 3. No paperwork at branch unlike forward contracts. 4. Submitting proof of Underlying is not a precondition. Other features: Required margin (usually 5% of the value of contract) to be paid upfront to the Bank. Account opening and Annual Maintennace charges waived for 1st yr. Applicable taxes born by the customer. Marketing Tips: 1. Most competitive brokerage rates in the country, 2. Integrated platform of Bank A/c and online Trading A/c, 3. Secure and Robust online platform, 4. Provision for lien marking. Money remains in the customer’s a/c until the deal is done. 5. Product from India’s most trusted and transparent Bank. Target Customers: Small, mid & large corporates incl Importer & Exporters for hedging their Forex exposures. Individuals who have any receivables or payables in Foreign Currency. Investors wishing to invest in Currency markets. Role of Branches: Marketing, KYC Compliance, BM is DO (Designated Officer) for opening of A/c.

07 SBI PARAMILITARY SALARY PACKAGE

-Scheme launched by Home Minister P Chidambaram in New Delhi on 29.9.10.

Eligible: Employee of BSF, CISF, CRPF, ITBP, SSB. Special Features: 1. Unique Lifelong Account number. 2. Zero Balance Account. 3. No Service charges for non-maintennce of minimum balance. 4. Free ATM-cum-Shopping Card with no annual maintenance charges, Free Add-on card for joint a/c holder, Free Muclti City Chq, Free Demand Drafts, Free Internet Banking, RTGS, NEFT, Core Power, SMS Alerts. 5. Auto-sweep facility to MODs. 6. Concession in margin for Home & Car Loans. 7. Concessions in interest on Home, Car, Xpress Credit and Education Loans. 8. Discount on purchase of Gold Coins.

08 SBI SME COLLATERAL – FREE LOANS (SMECFL)

For Product Codes – Refer e- Cir 799 dt 26.02.2010.

Target: The Chief promoter/ executive should be 21 to 65 yrs (Non-corporate), New & existing MSEs engaged in manufacturing & service sector. Elgibility: For loans > Rs 5 lacs and below Rs 25 lacs – min overall score of 50% (Business & Personal), 60% in overall score except collateral details as in SME Smart Score. For loans Rs 25 Lacs to 100 Lacs – Units having SB 10 & above as revised CRA rating. CGTMSE Gurantee coverage – Mandatory. Purpose: Working Capital (FB+NFB), TL for construction of building, office, acquisition of machine, modernization/ expansion of unit. Assessment: Mfg – WC – As per Nayak Com (20% of Projected Turn over), TL – 75% of Project cost. Service – WC- 15% of Projected Turn over/Revenue, TL – 75% of Projected Cost. Quantum of finance: Total Exposure (FB+NFB) – Above Rs 5 lacs & Upto Rs 1 Cr (All TL & WC). Type – CC, BG, TL. Repayment – WC: On Demand, TL: max 7 yrs incl moratorium of 6 m to 12 yr. Submission of Stock statement & Inspection of Unit - Upto Rs 25 lacs – Quaterly, Above Rs 25 lacs – Monthly. Interest: Concession on loans sanctioned upto 30th Sept 2010 for the FIRST yr – FIXED RATE -Upto Rs 25 lacs: 9% (< 3 Yrs), 9.5% (3 Y & Above), Above Rs 25 lacs to Rs 1 Cr: 10% & 10.5% respectively. Loan Processing & Service charges – 50% of card rate. Other charges – Normal Rates. CGTMSE Fee – Normal, As applicable. Security: Primary – Assets created out of loan. Collateral – Unencumbered assets. TPG – NIL, in case of loan to Company – guarantee of directors will be treated as TPG. Review & Renewal – WC to renew every 2 yrs. TAT – 2 weeks. For further details refer e-Cir 686 dt 12.01.2010.

09 SBI SMILE (Small & Micro Interest-free Loans as Equity) Equity Fund Assistance (ELA)Product Codes: Services – 6220-6511Manfacturing – 6210-6511.

R: To grant interest free loan repayable over a long period to assist eligible professional & technically qualified entrepreneurs for setting new MSEs and Units covered under Bank’s Project Uptech for Technology Upgradation. Eligibility: 1. New Unit or covered under Bank’s Project Uptech. 2. Equity to genuine persons not able to meet margin. 3. Entrepreneur fully dedicated in Unit. 4. Eligible under Bank’s leberalised scheme. 5. Professionals & Technically Qualified. 6. Activity eligible under MSME Act. 7. Total Cost of the project > Rs 10 lacs. Max Loan: Rs 10 lacs for Micro & Small Scale Industires, Rs 5 lacs for Professionals & Self Employed persons. Min Rs 1 lac for Industrial units & Rs 50000 for Professionals & Self Employed. Min Equity Contribution by Entrepreneur – 7.5% of cost of Project. Interest – Funds lent under Equity Loan Assistance (ELA) will bear no interest. Repayment: In 3 yrs after initial moratorium of 5 to 7 yrs. Disbursement – in lump sum or in Installments. Follow up – Close monitoring, as it is Clean TL. Reporting – Half Year ly to LHO. Details in e –Cir 760 dated 13.02.2010.

10 Yuva S B AccountR: To entice the youth segment and bring them in our fold, the new product with bundle value propositions and services was introduced.

Segment: Personal. Elgibility: Resident, Above 18 yrs to 30 yrs at the time of entry. Mode of Holding – Single/ Joint/ Joint with survivorship. Available at – all brs in Urban/Metro Centre. Deposit Amt: Min Rs. 5000/-, Max – No limit. Interest, A/c maintenance & formalities – SB A/c. ATM-cum-Debit Card: Yuva Card (VISA). Free Internet Banking & SMS Alert Many add on facilities in remittances/ collection, MCC, Inter-core transactions & DDP. For further details pl refer e-Cir 718 dated 29.01.2010.

11 KRISHI KALYAN – Farmers Easy

Rationales: To provide timely & adequate credit to farmers to meet production & consumption expenses. To offer credit against the stocks stored in farmers own premises/ godown. To reduce the multiple process of separate application, documentation & EM Creation. Eligibility: All non-defaulter and credit worthy farmers having good track

Deposit & Advances Products of SBI and Insurance Products of SBI Life – Compiled by G P Srivastava, AGM,SBI, SPB Branch, Patna.

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Empowered Loan (FEEL) record and cultivating crops. Classifiaction: Direct finance to Agl under Priority Sector. Facility: ACC. Quantum of Loan: Three credit components- 1. Production Credit – Anuual credit needs to be sanctioned on operational land holdings, cropping pattern and scale of finance. No Upper Limit. 2. Contigency Credit- max 20% of the production credit limit. 3. Produce Marketing Loan – fixed on current market price or MSP fixed by Govt less margin multiplied by the quantum of stock to be stored. Max limit Rs 10 lacs per borrower. Margin: Production Loan: a. Scale of Finance – No margin. B. If computed from cost of cultivation (for limit > Rs 50000). Consumption Loan: NIL. Produce Marketing Loan: a. Goods stored in farmer’s godown: 40%. Loans against WHR – 20 to 35%. Security: No collateral if limit up to Rs 1 lac. Documents: AB1, AB2, AB3, WHR/ Annex4, DPN & DPN Take Delivery letter, Arrangement letter. Interest: As applicable to ACC/ KCC. Repayment – PML to be repaid within 12 months. Insurance: 110% of current market value of the stock. Stock Statement: Bi-monthly. Other Conditions – As in Agl loans. For further details –Refer e-Cir743/ 11.02.2010.

12 State Bank Platinum International Debit CardRationales: Vanilla Debit card issued to customers having Current/ SB a/c with us, cater the need of frequently overseas travelling customers, targeting affluent segment to meet their banking needs and lifestyle requirements.

Eligibility: i. Annual Income of Customer – above Rs 10 lacs, or ii. Aggregate deposits balance more than Rs 5 lacs. Mode of operation: PIN on ATM and signatures on ME/ PoS. Daily ATM Cash Withdrawal Limit: Rs 1 lac in India, USD 2000 abroad. Daily purchase limit on PoS: Rs 2 lacs in India, USD 4000 abroad. Issurance charge – NIL. Annual maintenance fee: Rs 300 from 2nd year. Fee can waived if min 12 PoS Transactions during preceding year. Insurance: upto Rs 5 lacs (accidental death only). Lost Card Liability: Rs Upto Rs 50000/- Replacement Card Fee: Rs 200. Regeneration of PIN: Rs 50. Loyality Points: 4 points for every purchase of Rs 100 at PoS. For further details refer e-Cir 851 dated 23.03.2010.

13 SBI Flexi DepositR: To enable our customers to place long term deposits to earn attractive interest with flexibility in choosing deposit amount. Segment: Personal

Eligibility: Resident Individuals incl minors. Account: R D (Variable deposit) a/c. Period: Min 5 yrs, Max 7 yrs. Branches: All except, Spl Credit Intensive Brs. Min Deposit: Rs 5000 per FY, in multiple of Rs 500, min Rs 500 per deposit (Penalty Rs 50). Any number of times of deposit in a month. Max Deposit: Rs 50000 in a FY. Interest: As applicable on TDs. Int subject to TDS. Premature Closure – 1% below the rate applicable. Nomination available. Loan Facility: As on TDs. Others terms & conditions as applicable to other deposits. For more details refer e- Cir 823 dated 06.03.2010.

14 Annuity Deposit SchemeSegment: Personal

To enable the depositor to pay one time lump sum amount and to receive the same in EMI, comprising partial principal + interest on reducing principal amount, compounded quarterly & discounted to the monthly value. Eligibility: Individuals incl minors in single or joint names. Account: Annuity (Term) Deposit. Branches: All. Min amt of Deposit: Rs 25000 based on min monthly annuity of Rs 1000/-. Universal passbook & no receipt. Tenure: 36/ 60/ 84 or 120 months. Interest: As applicable to TD of tenure as opted by depositor. Premature Payment – in case of death only. Account opening – As TD/ STD, Universal passbook & no receipt. Nomination: Available. Loan Facility: Max 75% of balance amt of Annuity, further annuity to be deposited in loan a/c only. Others – As applicable in deposit a/cs. Ref e- Cir 822/ 06.0.10.

15 Interest Subsidy Scheme for Housing Urban Poor (ISHUP)

Rationales: Ministry of Housing & Urban Poverty Alleviation (GOI) designed this scheme to address the housing needs of the Economically Weaker Section (EWS) and Low Income Group (LIG) through Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Eligibility: Beneficiary should not own a house in his own / dependent’s name. Parameters – Average monthly household income: Rs 3300 (EWS), Rs 3301 – 7300 (LIG), Min size of house: 25 Sq m (40 Sqm), Max permissible subsidized loan amt: Rs 1 lac (Rs 1.60 lac), Max loan amt eligible for subsidy: Rs 1 lac for both. Identification of the beneficiary by Urban Local Board or Local Nodal Agency identified by respective Govt Agencies. Interest Application: on daily balance at monthly rests. Repayment: In EMIs calculated after reducing the Central Govt Subsidy. Prepayment: No levy. Security: Primary – Mortgage of the dwelling unit. Collateral or TPG – Not applicable for loans upto & incl of Rs 1 lacs.Subsidy: Loans eligible for Central Govt subsidy of 5% on the interest charged by the bank on the admissible loan amount. Others – Age, No. of borrowers, EMI/ NMI Ratio, processing fee, interest rates etc as in Home loan a/cs. Sunset clause – Open for sanction upto & incl 31st March 2012. For further details – e-Cir 816/ 05.03.10.

16 Rupee Loans against Gold Deposits

Eligibility: All depositors under Gold Deposit Scheme holding the certificates either as original holder or as transferee. In case of joint (Individuals only), only former will be eligible. In case of guardianship, loan to guardian for the benefit of minor. Loan to 3rd party as collaterals, but not against the deposit held by Trust/HUF/Minor. Purpose: Any general purpose. Type: DL, OD. Quantum of Loan: Min – Rs 1 lac, Max Rs 5 Cr. Beyond Rs 5 Cr – Administrative clearance of Network GM required. Margin: 25% of principal value of Gold deposit certificates pledged. Drawing Power: On Principal Value of deposit at monthly intervals as given by Bullion Br Mumbai. Security: Duly Discharged GD Certificate. Sanction & Disbursement of Loan: By all brs, mark lien at Bullion Br, Mumbai on GD, and disbursement after confirmation of lien only. Interest: At SBAR at monthly interval, if not paid within 6 months the loan a/c will be forclosed by pre-mature closure of GD A/c. Period of loan: Not exceeding 24 months. Loan may renewed, if extended period within the maturity of GD, regular int servicing & after obtaining revival letter. Repayment: In a bullet payment or in EMI, During tenure of loan, int due on GD Certificate will be credited to loan a/c. Foreclosure of the loan: Apart from 6 months overdue of interest, the loan will be liquidated by

Deposit & Advances Products of SBI and Insurance Products of SBI Life – Compiled by G P Srivastava, AGM,SBI, SPB Branch, Patna.

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foreclosure in case of death of the borrower/ depositor with penalty of – no int payable (Within 1 yr), 0.5% < rate of 3 yr deposit (1 to 3 Yr), 0.25% < rate on period of deposit with bank (3 yrs & above). Control Report & IRAC Norms – As per TD. For further details refer e-Cir 299 dt 10.08.09 and 352 dt 26.08.09.

17 Financing Organic Farming – To tap the business opportunities prevailing under organic farming in the branded retail domestic markets & exports.

Organic farming - A system of farm design and management which creates an ecosystem thru which sustainable production can be achieved without the use of artificial, external inorganic inputs like fertilizers, insecticides and pesticides. Consumers’ demand for organically produced food products and society’s demand for more sustainable development provide new opportunities for organic farming and business associated around the world. (Refer Cir no. 615 dt 03.12.09)

18 TRACTOR UPGRADATION (SANJEEVANI)FINANCE FOR REPAIRS, MAINTENANCE AND ADDITION OF NEW IMPLEMENTSETC. TO TRACTORS

Rationales:To assist the farmers, who are regular in their repayments for repairs / maintenance of tractor and for purchase of additional implements. Eligibility: Borrowers who have already availed the loan facility from our bank before three years or more and whose accounts are closed / or regular/standard (IRAC) and who have paid a minimum of 2 yearly or 4 HY installments. Classification:Direct Finance to Agriculture under Priority Sector.Facility: Agricultural Term Loan. Quantum of Loan: Repairs: Up to a Maximum of Rs. 50,000/-. Addition of new implements: Up to a Max of Rs. 1 lac . The loan limit should be to the extent by which the existing loan has been reduced. Margin: Up to Rs.50, 000 – NIL. Above Rs.50,000 - 15-25% of invoice price. Security: Upto Rs. 50,000/- Primary - Hypothecation of tractor. Collateral – NIL. Above Rs. 50,000/-Primary - Hypothecation of tractor. Collateral –Mortgage / Charge over the Land. DSCR – 1.75%. Upfront fees: Up to Rs. 2 lacs Nil.Inspection Charges: Up to Rs.25,000/- - Nil. Over Rs 25,000/-& up to Rs. 2 lacs - Rs.500/- p.a. (Refer e-Cir 602 dt 30.11.09)

19 SBI Advantage Car LoanA Scheme for Affluent customers will target mid-size car above segments.

Purpose: TL & OD for purchase of new car with minimum loan of Rs 5 lacs. Eligibility: Age – 21 to 65 yrs for sanction of loan, repayment before 70 yrs, individuals with regular source of income. NAI Rs 2.50 lacs p.a., NMI/EMI Ratio: 50%. Ratio may be relaxed by AGM up to 70%, if NAI above Rs 10 lacs. Authorised Brs: All RACPCs, RCPCs, PBBs, Super Circle of Excellence Brs, Dist HQ Brs and Brs authorized by RMs. Loan Amt: Min Rs 5 lacs, Max 48 times of NMI for salaried, 4 NAI as per ITR for others. Margin: 15 %. Repayment: max 7 yrs in EMIs/ PDCs. Interest: Upto 3 yrs – 1% < SBAR, Above 3 to 5 yrs – 0.75% < SBAR, Above 5 to 7 yrs – 0.5% < SBAR. Spl concession of 0.10% under Plus schemes (HL, Auto, Festival, Saral & Credit Khazana), 0.25% for customers eligible under Corporate Salary Package, but ALL concessions should not exceed 0.25%. Penal Int @ 2% on entire loan outstanding for the period of default or amt prepaid. Processing fee: Upfront, when sanctioned 0.5% of loan Min Rs 500 max Rs 10000, when rejected 25% of fee will be retained subject to min Rs 500 max Rs 2500. Security: Hypo of vehicle, No other security. If spouse income taken into a/c, he/she should be made co-borrower. Documentation: As applicable in SBI EZEE Car loan scheme. Insurance: Comprehensive in name of borrower for the market value or 10% above the loan amt whichever is higher, Bank’s interest to be noted. Processing Time: TAT – 2 days. Service charge to Car dealers – flat 1.5%. For further details – e-Cir 495 dt 14.10.2009.

20 TINY CARD – Self Help Group

A Biometric enabled, chip based Tiny card to SHGs, as a group, while its individual members will get existing SBI Tiny Cards. The SHG Office bearers as identified by the group after KYC compliance will perform the transactions through Customer Service Points (CSP) outlet of Bnak appointed Business Correspondent (BC) or at Point of Transactions (PoT) – For details Refer e-Cir 469 dt 05.10.2009

21 SBI TINY SB-cum-OD A/CR: As per RBI Guidelines to provide affordable/ low cost credit to low income group/ underprivileged section of the society with purpose of Financial inclusion.

Purpose: General purpose loan to provide hassle free credit to low income gr holding SB Tiny Card to meet their exigencies without insistence on security, purpose or end-use of the credit. Eligibility: SBI Tiny Card holders of last 6 months. Satisfactory transactions in SB A/c. Routing all income through a/c. Max age of applicant – 60 yrs. Facility: Savings Bank-cum- Overdraft A/c. Loan Amount: Higher amt either 4 times of avg monthly income of last 6 months or 4 months net monthly income assessed by branch, min Rs 1000, max Rs 25000. Repayment: max 24 EMIs from one month after disbursement. DP reduced monthly. Security & Processing fee: Nil. Interest: 2% above SBAR, monthly rest. Disbursement: By sanctioning limit in SB A/c. Documents: Application form, Documents as per KYc norms, Passport size photographs, Proof of Income/ Asset & Liability. Specific arrangement letter & DP Note, DPN Delivery letter. Inspection & Follow-up: As in Personal Loans. Authorised Branches: Link branches where the SB Tiny of the customer is maintained. For more details, Refer e-Cir 468 dated 05.10.2009

22 SBI TINY R D AccountR: To popularize the smart card based products & also to achieve the social objectives, Bank has launched a new RD product with more flexibility.

Segment: Personal. Type of A/c: RD A/c on biometric smart cards issued to individuals. Eligibility: Single individual only, who have already opened SBI Tiny SB A/c with us. Only one a/c per customer. Availiable at Customer Service Points (CSPs) of Bank appointed Business Corresspondents. Initial Deposit Amount: Rs 10 in cash. Monthly Installments: Any amount, multiple deposits in a month. Tenure: Fixed period of 36 months. KYC Norms: As alid down by RBI for “No Frill A/c”. Interest: As in 3 yrs TD Rate, compounded quarterly on monthly products. Pre-payment attracts 1% penalty. Operation of A/c: Simlified Account opening. Transaction by smart card at CSP. No penalty for non payment of any amt. No debit allowed other than pre payment or payment on maturity. No pass book, Mini statement with last 10 transactions. Nomination: Available. Grievances Redressal: A designated Officer called Channel Manager will attend to any card holders complaints within 21 days. (Refer e-Cir 438 dt 25.09.09)

23 SBI Micro Loan for Micro Enterprises – A branded variant of SME Credit Card.Product Codes: SSI – 6310-1101 SBF – 6320-1101.

Rationale: To promote the CGTMSE cover and offer a bundled product in order to increase the number of Micro Enterprises units getting collateral free credit from the bank. Eligibility: Micro Enterprises as defined by the MSMED Act, excl Mfg & services trade. Max Loan: Rs 5.00 lacs. Purpose: Working capital & Equipment purchase. Facility: Demand Loan repayable in 3 yrs. Screeing & Assessment: As per SME Credit card Scheme. Annual submission of Stock statemnt and Un-audited balance sheet. Interest: 8 % fixed with CGTMSE Cover. Security: Primary – Current & Fixed Assets acquired out of Bank of Finance. Collateral – NIL except Promoter’s Gurantee, however unencumbered assets of the unit being financed may be taken. Processing & Inspection charges waived. CGTMSE fee to be recovered. Scheme is available upto 31.03.10 for sanction & disbursment. For further details –e-Cir 267 dt 27..07.09.

24 SBI Personal Loan to Affluent Pensioners

Rationale: In view recent growth in pension after implementation of 6th Pay Commission, it has been decided to formulate a new scheme for affluent pensioners to cater their personal needs & matching their repaying capacity. Eligibility: All Central/ State/ SBI Pensioners mentioning pension a/cs or drawing pension by chq payable on us, should not be more than 72 yrs. Family Pensioners: Spouse authorized to receive pension after death, should be more than 65 yrs. Loan Amt: Max 12 months net pension max Rs 3 lacs. Family Pensioners: max 9 months of net family pension with ceiling of Rs 1.50 lacs, EMI < 25 % of net pension. Collateral Security: TPG of Spouse/ others good for the value. Family Pensioners: TPG of person maintaining satisfactory a/c with us preferably son/ daughter. Repayment: Upto 70 yrs – 36 months, age at time of full repayment 73 yrs. For 70-72 yrs – 24 months, age at time of full repayment 74 yrs. Pensioners to submit PAN or 15 H before availing this loan.For Further details – e-Cir 223 dt 11.07.09.

DEFENCE SALARY PACKAGE A tie-up with Indian Army with 12.40 lacs Personnels on line of our existing Corporate Salary Package. 4 Variants: 1. DSP –Silver – covers Personnel below Officer Rank or Civilian Staff. 2. DSP –Gold –

Deposit & Advances Products of SBI and Insurance Products of SBI Life – Compiled by G P Srivastava, AGM,SBI, SPB Branch, Patna.

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25 (DSP) – ARMY with 4 Variants-DSP –Silver: P Code 1092-1431DSP –Gold: Code 1092 1441,DSP –Diamond: 1092 1451,DSP –Platinum: 1092 1461.

Major, Captain, Lts and Civilian Officers. 3. DSP – Diamond – Lt Col & Cols. 4. DSP – Platinum – Brigadier & Above. KYC Formalities for all 4 variants: Compulsory – proof of ID as First ID field and proof of address as 2nd ID Proof, Letter of Army Unit if other Add proof not available.Min Balance required: NIL. Life Time Unique Account number available under all variants. ATM-cum-Debit Card: Domestic card to Silver, International Gold Card to others. Free of cost. Free Add on card to spouse. No Annual Maintenance charge. Unlimited Transactions allowed max Rs 40000 a day to Silver & Rs 50000 ($ 1000) for others. Internet Banking: Free, Charges applicable for 3rd party site like Railway etc. Core Power: Transaction at Non-home Brs – Free. Transfer of funds between SBI Brs – Free for DSP A/c holders, charges applicable to beneficiary for trasfer above Rs 20000/-. Cheque Book: Unlimited, free except applied for EMIs to other Banks. Multi-City Cheque –Leaf & Payment charges – Free. Easy Overdraft upto 2 months Net Salary, payable with 6 months, can be converted to personal loan payable in 48 months. Draft Issue per month with a ceiling of Rs 50000 per draft – 5 (Silver), 10 (Gold), 25 (Diamond), Unlimited (Platinum). RTGS/ NEFT – Free. Free Pass Book updation at non-home Brs. Int on Personal, car and home loans except Happy HL for 1st 12 months or SBI Easy HL & SBI Advantage HL for first 36 months – 50 bp below card rate (Refer e-Cir 235/ 15.07.09). 5% concession in margin on Home loan. Free Processing charge in P Seg loans. For further details – Master e-Circular 150 dt 08.06.09.

26 SBI EZEE CAR LOAN For new car only. The scheme is extended to 31.03.2010 on following Conditions– Interest: 1st Yr – 8% Fixed, 2nd & 3rd Yr– 10% Fixed. After 3rd yr– Card Rate on the date of sanctionon flating basis. No other Int concession. Reset of Interest on anniversary date of loan as applicable on the date of sanction. Processing Fee: 0.50% of the loan amt. (Refer e-Cir 190 dt 27.06.09 & 441 dt 29.09.09)

27 SBI Hi-Five Home LoanNew product introduced specially for SBI My Home Campaign 8.8.9 to 7.11.9

Amount – Max Rs 5 lacs. Loan Term: Max 120 months incl moratorium period. Interest Rate: 8% p.a. Fixed Rate for first 60 months, 61 months onwards, the rate will be reset with Floating rate at 2.75% below SBAR or Fixed rate of 1.25% below SBAR. Fixed rate shall be arrived at on the basis of SBAR prevailing the time of reset. (Ref e-Cir 300 dt 10.08.2010)

28 SBI Ezee Home LoanProduct codes: 6250-2060 (SBI Easy Fixed Int (TL), 6250-2160 (Easy Float Rate (TL), 6050-2015 (SBI Easy –OD)

Launched on 01.07.09. The product is designed to address the customers’ need for HL at affordable int rates & a fair amt of certainty about loan repayment obligations over a peiord of time. Facility: TL or OD as in SBI MaxGain (OD available for Loan above Rs 5 lacs). Max Loan: Rs 50 lacs. Interest Rates: 1st Yr from the date of disbursement – 8% Fixed , next 2nd & 3rd yrs – 8.5% Floating rate after 3 yr 2.75% below SBAR. Repayment: EMI to be adjusted as per rate of int applicable in 1st, 2nd & afterwards. Features other than mentioned above will be as in case of SBI Home loan Scheme. For details - e-Cir 186 dated 26.06.2009. SBI Easy HL ( wef 1st April 2010)Ma x Loan: Rs 50 lacs, Facility – OD(Maxgain) or TL, Interest: 8% -1st yr, 9% -2nd & 3rd Year, After 3rd yr - Floating Rate – 1.75% < SBAR i.e. 10.00 or Fixed Rate – 0.75% < SBAR, with reset frequency of 5 yrs. (Refer e-Cir 869/ dt 29.03.10)

29 SBI Advantage Home LoanProduct Codes; 6250-2058 Adv HL (Fixed), 6250-2158 Adv HL (Float)

The product is designed to address the customers’ need for HL at affordable int rates & a fair amt of certainty about loan repayment obligations over a peiord of time. Facility: Term Loan. Loan Amt.: More than 50 lacs. Int Rates: 1st Yr – 8% Fixed, 2nd and 3rd Yr – 9.%, after 3 yrs – Floating: 1.75% < SBAR, Fixed: 0.75% < SBAR with reset frequency of 5 yrs. Repayment: EMI to be adjusted as per rate of int applicable in 1st, 2nd & afterwards. Features other than mentioned above will be as in case of SBI Home loan Scheme. For details - e-Cir 187 dated 26.06.2009.Revised Instruction During SBI My Home Campaign: Loan Amt: Rs 50 lacs, Facility: TL, Interest – 8% (1st yr), 9% (2nd & 3rd yr), After 3rd yr – 1.75% < SBAR – 10% (Floating), 0.75% < SBAR (Fixed) with reset frequency of 5 yrs. (Refer e-Cir 869 dt 20.03.2010)

30 ‘SBI SHAKTI’ Current A/c – For SME Customers.

Product Code: 5081-2401

Presently we have 5 types of CA for non-individuals – Power Pack, Power Gain, Power Jyoti, Sahaj & Normal CA. First 2 are premium a/cs, in which customers gets various concessions for maintaining stipulated Quarterly Avg balance. Power Jyoti is for Instiutions, Trusts etc for their collection needs. Sahaj with QAB of Rs 1000 for small SME entrepreneurs. For normal CA min balance stipulation is Rs 10000/-. Many SME Customers are finding it difficult to maintain a QAB of Rs 1 lacs and normal CA does not gives added services. Keeping this into consideration and competing with the similar products of other banks, SBI Shakti a new CA product is designed with QAB of Rs 20000 with certain concessions. Penalty for non-maintainence of QAB– Rs 750 per qtr. Cash Deposits/ withdrawal at Home Br – Unlimited, Cash Deposit/ WD at non-home br – Max Rs 20000 on charge of Rs 100 per transaction. Deposit of Chq & clg instruments at Home/ Non-home br, issuance of BDs/ B chq/ Pay Orders, Remittances at concessional rates. CINB – Free. Multi-city Chq, NEFT & RTGS available at normal charges. Penalty on closure of a/c within 12 months – Rs 750. (e- Cir 115 dt 18.05.2009)

31 SBI Happy-Home Loan

Date of closure: 30.06.2009 (Refer e-Cir 179 dated 25.0.2009)

Rationale: For stimulating growth in residential real estate and related sectors in the economy, it has been decided to provide to the genuine needy buyers to buy dwelling units by freezing interest at 8% p.a. for a period of 1 yr on all new Home loans. Eligibility: All Home loans to public incl take-overs sanctioned on or after 02.02.09 and atleast partially disbursed on or before 30.09.09 incl SBI Spl HL.Interest Rate freezed at 8.00% (Fixed) upto 30.09.2010. After that interest will reset as per regular contracted rate. Repayment: EMI set at 8% in first 12 months; EMI will be reset on outstanding balance after 12 months. Loan Amount: To be worked on regular contracted rate after 12 month. Processing Fee: waived upto 30.09.09. (e-Cir 657 dated 04.02.2009)

32 SBI Lifestyle Loan – For existing HL Customers.It has been decided to extend the offer upto 30th Sept 2009 (e-Cir 75/ 27.04.09)

Rationale: To meet any short-term expenditure, except speculative investments, which adds comfort to the life style of the borrower (like vacation travel, purchase of gold & lifestyle goods etc) with satisfactory repayment record. Eligibility: Satisfactory repayment of HL, minimum 5 EMIs repaid, Standard Asset. This loan may be availed by HL borrower or spouse guaranteed by HL Borrower. Loan Amount: 10% of HL, min Rs 10000 max Rs 5 lacs. Interest: 8% (Fixed). Tenor: 24 months. Type: Demand Loan. Repayment: in 24 EMIs. Modality: Offer letter to be sent to eligible HL Borrowers. Processing Fee: NIL. Sanctioning Authority: Home Branch. Documents: Acceptance of offer, D P Note, DP Note Delivery letter, Guarantee Agreement, if applicable. TAT: Same day. Validity of offer: On or before 30.09.09. Disbursement: Through SB/ CA or Prepaid cards. (Refer e-Cir 657 dated 04.02.2009)

33 SBI Special Home Loan –For small ticket HL Borrowers.Date of Launch: 16.12.2008.

Rationale: Scheme was launched for stimulating growth in economy in response of GOI & RBI and as per IBA guidelines. Focus on a degree of certainty and affordability to repay over longer period (20 yrs) at fixed rate with reset of 5 yrs instead of 2 yrs. Product available – Upto 30.06.2009. Purpose: Purchase/ construction/ renovation* (*Under SBI Freedom only) of old/ new house/ flat/ plot of land** (**repay as per SBI Realty Scheme) together with registration & stamp duty. Eligibility: Single persons only, Resident or PIOs above 18 yrs with regular verifiable income in last 2 yrs, incl SBI Staff. Type of Loan: Term Loan or Overdaft (as per SBI Maxgain for loans above Rs 5 lacs). Max Loan Amount: Rs 20 lacs. Interest: Loan upto Rs 5 lacs: 8.5% p.a., Above Rs 5 lacs: 9.25% p.a. fixed rate with reset every 5 years. Risk based or any special concession on interest not applicable. Margin: Loan upto Rs 5 lacs – 10%, Above Rs 5 lacs to 20 lacs – 15%. Tenor: 20 yrs or 70 yrs of age whichever earlier. Repayment: In EMIs. EMI/ NMI ratio in Home Loan. Processing Fee – waived. Other terms & conditions as per Home Loan Scheme. (Refer e-Cir 572 dated 23.12.2008)

Deposit & Advances Products of SBI and Insurance Products of SBI Life – Compiled by G P Srivastava, AGM,SBI, SPB Branch, Patna.

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34 SME Help Rationale: To extend concession and relief to the SME units facing constraints in current slowdown to meet the crises till the economy takea a turn for the better. Purpose: Funding urgent/ additional need of machines/ tools/ Gen-sets and other fixed assets. Eligibility: All satisfactory a/cs with Fund based limit upto Rs 10 crs, subject to – earned profit in last 3 yrs, regular submission of SS & Financials, timely renewal, and satisfactory Debit/ Credit summations. Type: Term Loan. Period of Loan: 5 years. Margin: 15%. Interest: 8% p.a. for 1 year, thereafter normal rate. Repayment: Moratorium for 6 months, in which int to be serviced Security: All existing/ new fixed assets, collateral if available. Insurance: All acquired assets to be covered. Other features. 1. This loan on merit on case to case basis. 2. Sanction as per discretionary power vested. (Refer e-Cir 645/ 29.01.2009) Scheme extended to 31.03.2010 (e-Cir 733/ dt 08.02.2010)

35 SME Care Rationale: This scheme was launched in order to ease the liquidity position of the SME units and to tide over the current downturn/ slowdown till the normal pace of economy. Purpose: For holding higher inventory/ increased carry period of receivables upto 6 months. Eligibility: All satisfactory a/cs with Fund based limit upto Rs 10 crs, subject to – earned profit in last 3 yrs, regular submission of SS & Financials, timely renewal, and satisfactory Debit/ Credit summations. Facility: WCDL (Working Capitla Demand Loan). Limit: 20% of the existing fund based working capital limits. Period of Loan: 1 year. Appraisal: As per realistic projection of cash flow for 1 yr. Margin: As per existing loan. Interest: 8% from the date of launch of scheme (e-Cir 672/ 11.02.09) Repayment: Moratorium for 6 month, in which only interest to be serviced. Entire loan to be liquidated in next 6 months in monthly/ quarterly installments. Security: All existing securities. Other features: 1. Facility to be extended on case to case basis. 2. Sanction of loan – Upto Rs 2 Crs by Branch AGM/ RBO /CPC, Loans upto Rs 1 Cr Branch CM/ RBO/ CPC. Put up for control as per Delegation of Powers. (Refer e-Cir 534/ 03.02.2008) Scheme extended to 31.03.2010 (e-Cir 733/ dt 08.02.2010)

Note: SME Care was formulated to assist the SME Units with fund based limits up to Rs 10 Crs. However, some units, which fall beyond the threshold limit of Rs 10 Crs, have also been equally affected by the downturn facing liquidity crunch. Specials relief and concessions may be offered to those units as – 1. Short Term adhoc limits for purchase of bulk raw materials not exceeding 180 days. 2. Rephase TL on case-to-case basis within overall loan policy of the bank. 3. Fresh TL under Short Corporate Loan to meet any contingent liability. 4. Reduction in margin of receivables and extended credit on receivables upto 6 months. 5. Funding of Cash losses and/ or interest, working capital irregularity by way of STL with waiver of penal interest. Besides the above, units needing long term loan may be covered by bank’s sch for rehabilitation or CDR Mechanism. (e-Cir 777 dated 30.03.2009)

36 Financing JCB Machines – For SME Units.Product Name: Construction Equipment Loan (CEL) – JCB India

Period of Scheme: Upto 31.03.2010.

Purpose: Term loan for purchase of construction equipments viz. loaders, excavators, cranes etc manufactured by JCB India. Eligibility: Individual/ Firms/ Companies engaged in construction works. Loan Amount: Min Rs 15 lacs, Max Rs 100 lacs. Tenure: Upto 4 years, incl 3 months moratorium. Margin: 25% for borrower new in this line buying first machine, 15% in case of buyers have upto 9 machines, 5% for buyers having more than 9 machines. Interest: SB 1 to SB 5 (New): SBAR, SB 6 to SB 9 (New): 50 bps above SBAR. Security: Primary – Hypo of tools financed by bank, Registration with ROC if vehicle; Installment by SI/ PDC (3 PDC must in case of SI). Collateral – Hypo of other tools, mortgage of property atleast 25% of loan. Assessment: As in TL. Disbursement: Direct to Suppliers. Repayment: In EMIs. Penal Interest: 2% of amount and for the period in default. Inspection: HY. Insurance: Comprehensive fav SBI, policy as ‘loss payee’. Processing, prepayment, inspection and all other charges – at Card rates. All other terms & conditions as applicable like in SME Advances. (Refer e- Cir 627/ 16.01.2009)

37 Prime Minister’s Employment Generation Programme (PMEGP)

Introduction: GOI has approved a new credit linked subsidy programme called PMEGP by merging 2 schemes in operation till 31.03.08 namely PMRY (Prime Minister’s Rojgar Yojna) and REGP (Rural Employment Generation Programme) for generating employment through micro-enterprises in rural as well as urban areas. This is a Central Sector scheme, administered by Ministry of Micro, Small and Medium Enterprises and implemented by KVIC (Khadi Village Industries Commission). Rationales/ Objectives: 1. To generate employment in rural & urban areas by setting self-employment ventures. 2. To bring together widely dispersed traditional artisans/ rural & urban un-employed youths and give them self-employment opportunities. 3. To give continuous and sustainable employment to arrest migration of rural youth to urban areas. 4. To increase wage-earning capacity of artisans to increase growth rate in rural & urban areas. Eligibility: 1. Any individual above 18 yrs. 2. No income ceiling. 3. Educational Qualification for project above Rs 10 lacs in mfg / Rs 5 lacs in business/ service sector – atleast VIII pass. 4. New Project sanctioned under PMEGP only. 5. SHGs incl belonging to BPL & not availing benefits under any other scheme. 6. Institution regd under Societies Registration Act 1860. 7. Production of Co-operative Societies. 8. Charitable Trusts. 9. Existing units under PMRY/ REGP or any GSS availing subsidy are not eligible. 10. One person from one family. Family includes self and spouse. Other Elgibility Criteria: 1. Relevant Caste certificate. 2. Certified copy of bye-laws of the institution for Margin Money (Subsidy) claim. 3. Project without capital expenditure is not eligible. Project above Rs 5 lacs not requiring Working capital, needs clearance from Controller. 4. Cost of land should not be included in Project. 5. All new viable micro-enterprises incl village industries. Quantum of Loan: Max cost of Project under mfg sector Rs 25 lacs, under business/ service sector is Rs 10 lacs. Margin: 10% (General), 5% (SC, ST, OBC, Minorty, Women, Ex-serviceman, Phycally handicapped, NER, Hill and Border Areas. Subsidy: General – 15% (Urban), 25% (Rural), Others as above: 25% (Urban), 35% (Rural). Implementing Agencies: Nodal Agency at national and state level – KVIC. & DIC in rural areas, Banks & Financial Institutions etc. Identification of beneficiaries: done at district level by a Task Force consisting representatives of KVIC, DIC and Banks headed by DC. After conduct of Entrepreneur Development Programme training, the beneficiary will deposit owner’s contribution with bank. Margin Money (Subsidy) claim will be submitted the Bank after partial/ full finance. Released Subsidy will be kept in TD for 3 yrs fav the beneficiary. No interest on TD and corresponding amount of loan. Subsidy kept in TD will be transferred to loan a/c after 3 yrs. (For further details see ‘Guidelines on PMEGP’ on RBI website)

38 SBI KRISHAK UTHAN YOJNA – Sch for financing Tenant Farmers, Share Croppers & Oral Lessee: New Product for FINANCIAL INCLUSION

Rationale: To provide easy access to short term production and consumption credit to meet genuine requirements of tenant farmers, share croppers and oral lessee having no recorded land records or written document and increase their income from agl activities. Eligibility: Tenant Farmers, sharecroppers with recorded tenancy rights and Oral lessee. Permanent resident proof of atleast 2 yrs. Migratory tillers not allowed. Purpose: Purchase of improved seeds, fertilizers, pesticides, hire of tractors, electric & irrigation cost, part of consumption. Facility: Revolving CC – Annual Review and renewal once in 3 yrs. Limit: Max Rs 50000/- on the basis of – an affadavit as proof for cultivation of crop, cultivated land area incl consumption need (20% of production limit) + 20% of production limit as immediate need after harvest for next sowing or for self-consumption. Margin: Nil. Disbursement: 20% on sanction rest in phases as per need. Documents: DP Note (COS 229), DPN take delivery letter, Arrangement Letter. Security: Clean Loan. Repayment: Sale proceeds through CC A/c. Interest: As ACC. Sanctioning Authority: As per Crop loans. Accident Insurance & other features: As per KCC. (For details refer e-Cir 431 dt 15.10.07)

39 Scheme for financing Micro Finance Institution (MFI)/ Non Govt Organisation (NGO)Rationales: To enable the Bank to lend to MFIs/ NGOs for lending to SHGs and to increase the outreach by financing large number of SHGs in cost effective manner, supplementing the efforts of in financing SHGs.

Eligibility: NGOs/ MFIs should any one – Regd Society/ Regd Trust/ Regd Company/ Non Banking F Is or any Institution engaged in micro-finance. Track Record of NGO/ MFI: a. NGO/ MFI having minimum partnership of SHG/JLG –50 and individuals - 500, b. In cluster financing min membership of Federation should be 30 SHGs, c. secular in nature, d. maintains a satisfactory & transparent accounting, MIS and Internal Audit System, e. Continuous profit in last 2 years, f. not be defaulter, g. having risk portfolio less than 5% etc. Rating of NGO/ MFI: i. Loan below Rs 200 lacs – Specific Scoring model – min 60 marks, ii. Loans above Rs. 200 lacs – Valid Credit Ratings (Top Four) from any Micro Credit Rating Agencies iii. Having existence of more than 2 yrs & Projected profit sufficient to meet the repayment obligations of the Bank (Refer e-Cir 213/ 07.07.09). Nature of Facility: MTL or CC. Margin: Nil. Frequency & Quantum of Loan: Need based repeat finance worked on health and business plan. Calculation of TOL/TNW: a. The loan loss provisions kept by the NGOs/ MFIs may be treated as part of TNW. B. Unsecured loans from members of Govt Body treated as part of TNW. (Refer e-Cir 213/ 07.07.09). Rate of Interest: a. Charged by Bank – linked with SBAR. See Page – Latest Interest. b. To be charged by NGO/ MFI – freedom to decide reasonable rate, which is also a part of document. c. Any charge to be quoted by MFI/ NGO will also be part of agreement. Repayment: TL – Monthly/ Quarterly/ HY installments on the basis of project/ purpose, max 3 yrs. CC – renewal annually. Security: Primary – Hypo of Book debts, Collateral: Nil, however, Gurantee of Promoters and charge over available assets to be explored. Documents: Specfied Application, Arrangement letter, Articles of Agreement and Deed of Gurantee. Sanctioning Authority: Not below AGM. (For Further details See e-Cir 476 dt. 05.11.07 & 593 dt 02.01.2009)

Deposit & Advances Products of SBI and Insurance Products of SBI Life – Compiled by G P Srivastava, AGM,SBI, SPB Branch, Patna.

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40 CONSTRUCTION EQUIPMENT LOAN – For financing New Machinery/ Equipments/ Vehicles for construction activities.

Eligibility: Firms/ Cos engaged in Construction with min SB-3 rating or equivalent in new model. Quantum of Loan: Min – Rs 25 lacs (e-Cir 83 dated 10.05.2008), Max – Rs. 25 Crs (Metroes – Rs 50 Crs). Tenure: 2 to 3 years from first disbursement, can be extended to 4 yrs on merit. Margin: 15 – 20% in case of SB 1 and SB 2 borrowers, 20-25% for others. Interest: For SB 1 & SB 2 borrowers – 1.5% below SBAR, Others – 1.25% below SBAR. No further concessions allowed. Security: Primary – Hypo of Equipment/ Vehicle, Pre-payment cheques for Principal amount. Collateral: Hypo of other unencumbered Equipment or Mortgage of atleast 25% of the loan. Assessment: As per TL. Documents: Revised SME documents. Disbursement: Payment direct to Suppliers in several tranches (one tranch not below 10%) within a year. Repayment: In EMI, variable repayment on cash flow if so desires. Processing charges: For SB 1 & SB 2 borrowers: Rs. 200 per lac. For others – Rs 300 per lac. Max Rs 10 lacs. SA may reduce upto 50% on business considerations. Documentation charges: SB 1 & 2 Borrowers – Rs 5000, Others – Rs 10000. Pre-payment charges: 1% of amount pre-paid. Penal Interest: 1% (SB1 & 2), 2% (Others) per month for amount in default. Insurance: Comprehensive with endorsement in fav of SBI on the policy as “loss payee”. Inspection: Half Yearly, may be waived by SA. Review: Annually. Branches: All. (Ref e-Cir 705 dt 04.03.08, 83 dt 10.05.2008).

41 CARBON CREDIT PLUS – Loan against CER (Certified Emission Reduction) Receivables.

Eligibility: Existing Corporate or non-corporate customers with ratings of SB3/ SBTL3 and above (SB1 – SB7 in new CRA Model). Consider Non-customers on selective basis. Purpose: For any genuine commercial purpose in line with regular business activity. CERs - are tradeable instruments, which are purchased by the developed countries to meet their emission reduction target under the protocol. One unit of CER is one tonne equivalent of Carbon dioxide emission reduction. Quantum of loan, Appraisal & Assessment: Minimum –Rs 1 Crore. Loan not exceed 60% of total selling price for anticipated Carbon Emissions Reductions (CERs) upto 2012 and as mentioned in the ERPA (Emission Reductions Purchase Agreement) and terms sheet signed between the buyer and the seller. Pricing: As per CRA, Competitive pricing on usual terms. Margin: 40%. Repayment: Max 5 years or residual period of ERPA whichever is earlier. Security: Primary – Hypo of future CER Receivables. Collaterals – First (Preferably) or Second on fixed assets on pari passu basis. Personal Gurantee of Promoters/ Partners. Processing/ Other charges: 1% of loan. Deviations: Any deviations will need prior approval of Carbon Finance Committee at Corporate Centre. Documents: Usual C&I/ SME documents. Inspection: Quarterly or As approved. Sanctioning Authority: As in Term Loan. Factors to be examined for loan requests: Capability to generate CERs, Buyers standing, Vetting of ERPA etc. (For further details See e-Cir 752 dated 28.03.08)

Deposit & Advances Products of SBI and Insurance Products of SBI Life – Compiled by G P Srivastava, AGM,SBI, SPB Branch, Patna.

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