STATE BANK OF INDIA

PRODUCTS FOR INVESTMENT

By:- Srishti Dangwal

And
Swati Himalika

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 CONTENTS

 SAVING ACCOUNTS
 PREMIUM SAVING DEPOSIT ACCOUNTS
 TERM DEPOSITS
 MODERN INVESTMENT PLANS

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 SAVING ACCOUNTS

 No Minimum Balance requirement.

 Earn Interest at 4.00% p.a. based on daily
balance.
 Safe Deposit Lockers as per availability.
 Nomination facility is available and
recommended.
 SMS Alerts and e-Statement facility.

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 AUTO SWEEP FACILITY
 MOBILE BANKING - Away from home,
balance enquiries can be made and/or money
sent to the loved ones or bills can be paid
anytime 24x7!!! That is what State Bank
FreedoM offers - convenient, simple, secure,
anytime and anywhere banking
 INTERNET BANKING
 MISSED CALL BANKING
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 REWARDZ PROGRAM - Get rewarded for
various transactions that you make! State Bank
Rewardz allows you to collect points which can
be redeemed for full or partial payments to get
products & services online as well as from
partner outlets.
 3 IN 1 DEMAT AND
 ONLINE TRADING
 PERSONAL ACCIDENT AND HEALTH
INSURANCE - As a State Bank savings bank
account holder, you would get Personal
Accident and Health Insurance at discounted
rates from SBI General Insurance Company Ltd5
 CONTACT CENTER - Access to our 24x7
multi-lingual Contact Center to get details on
our latest offerings, place request for
products, services etc.

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 PREMIUM SAVINGS ACCOUNT
 Premium Savings Account provides an enriched
version of Savings Bank account consisting of
the concessions and add-ons.
 Auto-sweep facility- As Mandated
 Term Deposits (TD)/ Special Term Deposits
(STD) would be created under the MOD
scheme, in units of Rs.1,000/-, subject to a
minimum amount of Rs. 10000/. Auto sweep will
be after retaining Rs 25000/- in the account.

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 Unitised break-up available for withdrawing the
deposits conveniently
 TD/STD shall be opened for a period of 1 year
to 5 years
 Multicity cheque leaves free in the first instance
thereafter Rs. 2/- is charged for each
 Subsequent leaf for Savings Bank account
having QAB as on previous quarter end Rs.
25000/- and above. 20 Multicity cheque leaves
free in the first instance thereafter Rs. 3/- is
charged for each subsequent leaf for Savings
Bank account having QAB as on previous
quarter end below Rs. 25000/-. Emergency
Cheque request (10 leaves set): Rs 3/- per leaf 8
 ATM-cum-Debit Gold cards (Master/ Visa) will
be issued, free of cost
 Auto sweep as mandated. Component: 1 year
to 5 years, in round months
 Payments in excess of available balance in the
Savings bank Account can be made by
breaking MODs
 Conversion of existing SB/ Savings Plus
accounts will be permissible.

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 TERM DEPOSIT

 Park your lump sum amount in an SBI Term

Deposit and avail of features like guaranteed
returns, choice of interest payout, liquidity
through OD or premature withdrawal
 Payment of interest at
Monthly/Quarterly/Calendar quarter basis as
per your requirement
 Senior Citizens get 0.25% extra interest rate for
amount above Rs 10,000/-
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 Tenure - 7 days to 10 years.
 Premature payment +- Available subject to
penalty: For retail Term Deposits up to Rs 5.00
lacs, the prepayment penalty will be ‘NIL'
provided the deposits have remained with the
bank for at least 7 days.
 For Term Deposits above Rs 5.00 lacs but less
than Rs 1 crore, the prepayment penalty will 1%
for all tenors
 Loans / OD upto 90% of the Principal deposit.11
For details click
 Flexibility to convert Term Deposit (regular
interest payout) to STDR (cumulative interest
payout) and vice versa
 Automatic renewals will take place only where
there is no maturity instructions recorded at the
time of opening the Term Deposit account or
any time before maturity of deposit

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 REINVESTMENT PLAN
 Regular interest is added to the principal and
compound interest calculated and paid thereon
 Tenure -
 Minimum 6 months and Maximum 10 years
 Premature withdrawal - Penalty for Retail Term
Deposits up to Rs. 5.00 lacs will be ‘NIL'
provided the deposits have remained with the
bank for at least 7 days.
 TDS applicable
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 Recurring Deposit

 Minimum monthly installment

 Rs. 100/- at Metro/ Urban/ Semi Urban centre
& Rs 50/- at Rural centres (Thereafter in
multiples of Rs. 10/ -)
 Minimum & Maximum tenure
 12 months & 120 months respectively

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 Senior Citizen Deposit Scheme
 Minimum age of the depositor should be
 60 years or above on the date of deposit
 Period of deposit
 Minimum 1 year maximum 10 years
 Minimum amount of deposit is
 Rs. 10000.00 and thereafter in multiple of Rs
1000.00 (For RD, maturity value should be Min.
Rs.10,000/-) 15
 Differential rate of interest under Senior
Citizen Deposit Scheme is
 0.25% above the normal rates

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 OTHER INVESTMENT PLANS
SMART WEALTH BUILDER
 MIN INVT 40000/- PER YEAR, NO MAX LIMIT
 PREMIUM PAYING TERM 5 YEARS
 TOTAL TENURE OF THE SCHEME 10 YEARS
 WITHDRAWL ALLOWED ONLY AFTER 5
YEARS
 FOR CUTOMERS LESS THAN 40 YEARS OF
AGE INSURANCE IS 10 TIMES THE FIRST
PREMIUM
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 FOR MORE THAN 40 YEARS OF AGE
INSURANCE IS 7 TIMES THE PREMIUM
 INVESTMENT CONSIDERED UNDER 80CC
AND MATURITY VALUE IS TAX FREE

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 MUTUAL FUND
DUAL ADVANTAGE FUND
 ONE TIME INVESTMENT, MATURITY IN 3
YEARS
 FUND MANAGER MANAGES THE
INVESTMENT COMPLETELY
 MIN INVESTMENT AMT Rs.5000/-
 SYSTEMATIC INVESTEMENT PLAN

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THANK YOU

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