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Quick Success Series

QUICK SUCCESS SERIES was envisioned by Sri Shailesh Kumar, who was then a Faculty at SBLC Deoghar and he along with Sri Rajeev Shankar (who is still in our team) converted their dream into reality, they did not really knew that time that QSS will become so popular and SBLC Deoghar will receive overwhelming demand for its updated version year after year from various parts of the country. A special thanks to both of them for conceiving QSS. One of the hall marks of excellence is that any product remains constantly in demand and over years, the demand grows. Team Deoghar is humbled by the response and recognition, it has received from various users of QSS. Our sincere thanks to our readers.Your expectations will keep us live and kicking. I take pride in representing a Team comprising of Sri Akhil Kumar Mishra, Chief Manager (Training), Sri Shiv Prakash Jha, Chief Manager (Training), Sri Rajeev Shankar, Chief Manager (Training), Sri Champak Das, Manager (Training) & Sri Rakesh Roshan, Manager (Training), who have owned up QSS like their own baby and are constantly contributing towards value addition and keeping it relevant and up to date for the users. We hope that this edition will be equally useful for various promotional exams. We request our readers to point out any lapses at the earliest, though we have taken adequate care to be as correct as possible. This book is however not a substitute for circular instructions issued by the Bank from time to time. Our Team wishes you grand success in all your endeavours.

Liability & Transaction Products

S K Rana
Assistant General Manager, State Bank Learning Centre, Deoghar- 814112 Phone- 06432-232895 Fax - 06432-231810 E-mail: agmstc.deoghar@sbi.co.in

Updated by Champak Das Manager Training, SBLC Deoghar Mobile- 9431866154 email- Champak.das@sbi.co.in

Updated upto th 28 Feb 2013

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SAVINGS BANK Savings Account may be opened by i) Any individual in his sole name ii) By two or more individuals jointly with survivorship benefits (like E or S, Both or Survivor etc) or to be jointly operated also Removal of charges for non maintenance of minimum balance in Savings Bank Accounts of Personal Segment customers: As a major step toward customer retention and acquisition, it has been decided that all Personal Segment Savings Bank account holders across all our branches will now be benefitted from waiver of service charge for non maintenance of minimum balance stipulation (e-Circular no.1025/201112 dated 22.02.2012). QAB Non Maintenance Charges in Savings Bank Account : PER Segment NIL. SME, C&I, AGL: Rs.204 per qtr (Urban/Metro/SU), Rs.102 per qtr (Rural) (e-Circular no.995/2012-13 dated 01.01.2013). If at any time any one of the account holders issue stop payment of operation by the other joint account holders then account can be operated in future only Jointly by all the account holders Minimum Cash Deposit permitted Rs 10/ Maximum Cash Deposit permitted No restriction Minimum cash withdrawal permitted Rs 50/ Maximum cash withdrawal permitted No restriction Number of Credits permitted No restriction Maximum number of debit entries permitted without any charge 30 per half year excluding SBI alternate channel transactions.

Transactions through other banks ATM will be included Service charge payable if debits exceeds the limit Rs 5/- per entry Can third party cheques endorsed in favour of account holder be deposited No In non cheque operated A/c, withdrawal form should be invariably accompanied by Passbook Payment through withdrawal form can be made to Self only Any exception When an account holder is unable to attend personally for withdrawing money, he may send his representative along with the pass book and a letter of authority in the prescribed format wef 1st Apr 2010, Interest in SB A/c are being calculated on daily product basis Interest are being credited to account at Half yearly intervals Can an account be opened in the name of Minor Yes, either (a) singly or jointly with her / his guardian or b) by guardian alone on behalf of her/ his minor ward Conditions for opening an account in sole name of minor Minors who can adhere to uniform signature, who understand nature of Banking Transaction and are not less than ten years old. Maximum balance can be Rs.200,000/only Can an account be opened in the name of Illiterate person Yes, An illiterate person may open an ordinary Savings Bank account in his sole name or jointly with other person(s).

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Can Illiterate person open a cheque operated A/c Where one of the depositors is literate a cheque-operated joint account payable to any one, survivors or survivor or either or survivor, etc., may be opened in which event only the literate depositor will be allowed to withdraw moneys from the account by means of cheques Extra Precaution to be observed in case of Account closure by Illiterate Person The thumb impression of the depositor on the Savings Bank account closing form will, in all cases, be witnessed by an independent witness acceptable to the Bank. Also, the passing official will explain to the depositor in the presence of the witness that no more money is due to the depositor from the Bank. Can an account be opened in the name of a person not knowing either the Regional language or English or Hindi Yes, on the same terms & conditions as for an illiterate person Extra caution to be observed in opening account in the name of person who are deaf/dumb and also illiterate In such cases preferably accounts should be opened to be operated jointly by the deaf dumb illiterate along with his close blood relations Revised Guidelines for self operated cheque facility to visually impaired person i) Third party cash payment of self drawn cheques by visually impaired persons is now permitted ii) Letter of undertaking for Self Operated Cheque Facility to Visually Impaired/Blind person is dispensed with and shall not be obtained henceforth
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iii) If a visually impaired depositor is able to sign the cheques consistently, affixing her/his thumb impression at the time of issuing cheque is not required iv)The cheque leaves hitherto required to be branded as CARE Depositor Visually Impaired, shall now be stopped v)However, if the depositor(s) feel(s) that her/his/their signature may not exhibit consistency due to the impairment / some other infirmity and do/does not mind branding CARE Depositor Visually Impaired stamp, in order to avoid the cheque being returned unpaid on account of difference in the signature, in such cases a written request for branding the cheques may be obtained, cheques shall be branded and thumb impression shall also be obtained and witnessed by the Bank Official under his signature and specimen signature number, along with the Bank stamp Small Account : (KYC/AML Standards) In terms of RBI Notification Small Account means a savings account in banking company where : i) The aggregate of all credits in a financial year does not exceed Rs.1.00 lac. The aggregate of all withdrawals and transfers in a month does not exceed Rs.10,000/- and The balance at any point of time does not exceed Rs.50,000/-

ii)

iii)

SB Account is treated as inoperative if No transactions for a period of 2 years (For this purpose both the type of transactions i.e. debit as well as credit transactions, induced at the instance of customers will be considered.

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However, the service charges levied or interest credited by the Bank will not be considered) Provision for treating the account as dormant after one year removed (Rationale: i) It was an extra precaution taken by the Bank for better risk management. ii) RBI do not make any differentiation between dormant and inoperative account ii) Thus, to align with RBI Guidelines and to have uniformity across the banks, the instruction has been revised) Annual review should be carried out of accounts with the balance of Rs. 5000/= and more and no operations for more than a year i) Branches may inform the account holders in writing on the prescribed format, to ascertain the reason for non-operation in the account. ii) If, it is due to shifting of the locality, they may be asked to provide details of their new accounts to which the balance in the existing account could be transferred. Steps to be taken for Inoperative Accounts, with balance of Rs 25000/= and more i) If the letter is returned undelivered, they may immediately be put on enquiry to find out the whereabouts of customers or their legal heirs in case of deceased account. ii) In case, the whereabouts of the customers are not traceable, person(s) who has/have introduced the account holder should be contacted. Contacting the employer or any other person whose details are available with the Bank may also be considered. iii) The account holder may also be contacted telephonically if the telephone/cell number is available. In case of non-resident accounts, account holders may also be
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contacted through email and confirmations be obtained Can overdraft be granted in SB A/c Yes, to good customers only to an extent of Rs 1000/- for not more than three occasions in a year. OD to be adjusted within one month A/c to be debited for this purpose Overdrafts in Savings Bank Accountit is a current account Cheque issue charge (SB/CA) Issue of MICR Cheque- SB (Only Multi-city/ CTS-2010 standard cheque will be issued) Rs.2/- per cheque leaf. First 50 leaves Multicity Cheque book free. Emergency Cheque request (10 leaves set): Rs.2/-per leaves. Issue of MICR cheque CA/CC (Only Multi-city/CTS-2010 standard cheques will be issued. Rs.2/- per cheque leaf. First 100 leaves Multicity Cheque book free. Emergency Cheque request (10 leaves set): Rs.2/-per leaves. Charge for Transfer of Account Rs 102/- (inclusive of postal charge) Emergency Cheque Request Emergency Cheque request (10 leaves set): Rs.2/- per leaves A/ C Closure Charge for SB/CA Within 14 days NIL (if the account is closed for dissatisfactory services within 14 days without any collection of cheque)- As per BCSBI code More than 14 days but upto 6 months - Individual- Rs 255-; Companies- Rs 1019/After 6 months but before 12 months Individual- Rs 153/-; Non-individualRs 509/Duplicate pass book/ Duplicate Statement issue Charge Rs 102/- with latest balance (Additional Rs 102/- per 40 entries for previous transactions)

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Stop Payment Instruction: Rs.51/- per instrument upto 3 leaves. Rs.204/Range of cheques Charge for Allowing Operations through power of attorney/ mandate Rs 509/- per annum (* for detail please refer e-Circular 995/2012-13 dated 01.01.2013) No charge to be levied for updation of passbook at non home branches. (e-Circular no.258/2011-12 dated 02.07.2011)

CURRENT ACCOUNT Minimum QAB to be maintained in a current account by Non-Individuals in Rural Areas & Other Areas Rs. 5000 & Rs. 10000/-respectively Minimum QAB to be maintained in a current account by Individual in Rural Areas & Other Areas respectively. Rs.2500 & Rs. 5000/-respectively Penalty for non maintenance of QAB for Non- individual Current Account Rs 1000/- per quarter Penalty for non maintenance of QAB for individual Current Account Rs 611/- per quarter A/ C Closure Charge (See SB A/c) Interest on deceased CA to be paid at the rate of SB rate based on simple interest from the date of death to the date of final payment made to the beneficiary.

TDR/STDR Minimum amount of deposit that can be accepted as Term / Special Term Deposit Rs.1000.00 & thereafter in multiple of Rs 100.00
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Minimum & Maximum tenure for Term Deposits 7 days & 120 months respectively Minimum & Maximum tenure for S.T.D.R 6 months & 120 months respectively Maximum amount of loan that can be granted against Term Deposits 90% of principal amount + accrued interest (Subject to an undertaking to be furnished by the applicant to repay the loan in monthly installments) Opening of multiple Demand Loans against the same TDR/STDR is now permitted, so long as the sum total of the limits of all DL A/cs is within permissible limit of DL against TDR/STDR. The sanctioning authority can allow max of 4 such DLs. In special cases AGM/RM can permit 5th loan. At what interval Interest is to be paid on TDR Generally at Quarterly Interval, But on request from the depositor, interest may be paid at half-yearly or monthly intervals in case of term deposits fixed for a term of twelve months and above. Monthly interest will be paid at a discounted value. Can Interest be paid at Calendar Quarter i.e. on 31st Mar, 30th Jun, 30th Sep & 31st Dec irrespective of the Date of Deposit Yes, this facility is now available (ecircular No 768 dated 17th Feb 2010) (Rationale: For easy & convenient computation of Interest Received by the depositor during the financial year for the purpose of filing I. Tax return) Maximum amount that can be held in the name of the Minor (Sole name, above 10 years of age) for Term Deposit Rs.2,00,000/- for a maximum period of 10 years (The ceiling can be enhanced with the permission of the controlling authority)

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Maximum amount that can be accepted from a natural guardian on behalf of the Minor (No age restriction) for Term Deposit Rs.20,00,000/- for a maximum period of 10 years (The amount in excess of this ceiling can also be accepted, provided the deposit is renewed till the minor attains majority TDS on Term Deposit Interest As per Section 194A of the Income Tax Act, Tax is deducted at source whenever interest on time deposits credited or paid or likely to be credited or paid to the account of a customer, exceeds Rs 10000/- per person, per branch in a financial year TDS is applicable on all time deposits except Recurring Deposit TDS Rate applicable on interest payable on Time Deposit i) For Company: Domestic 20%/Others 40% ii) Other than company: Residents 10% / NRI 30% Education Cess @ 2% & Secondary & Higher Education cess @ 1% to be added additionally Form 15H is submitted by Depositors with age of 60 years & above Form 15G is submitted by Individuals below age of 60 years Form 15G & 15 H are valid only if It contains PAN If PAN is not submitted, applicable rate of TDS for Resident Individuals 20% Plus 3% Cess

Minimum & Maximum tenure 12 months & 120 months respectively If opened in the name of Minor (Sole name, above 10 years of age): Monthly installments should be so adjusted that the total amount payable on maturity does not exceed Rs.2,00,000/U/s 269 of the Income Tax Act, time deposits with interest thereon amounting to Rs.20000/- and above has to be paid by way of credit to account/Bank Draft/crossed cheque only

Recurring Deposit Minimum monthly installment Rs. 100/- at Metro/ Urban/ Semi Urban centre & Rs 50/- at Rural centres (Thereafter in multiples of Rs. 10/ -)
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Multi Option Deposit Scheme (MODS) Minimum initial deposit Rs. 10,000(Subsequent deposit of Rs 5000.00 in multiple of Rs 1000.00) Maximum deposit : no restriction Multi Option Deposit Scheme, is a combination of TDR/STDR with either CA or SB (OD facility when linked with CA & Partial withdrawal permitted when linked with SB) Partial withdrawal/ break up is allowed the unit of Rs. 1,000/ Period of Deposit 1 year and above, maximum 5 years Method applied for breaking units under MOD By default Last in First Out (LIFO), However, the depositor has the right to break any deposit Are Minor & NRI are eligible for opening MODs? Yes NRIs are eligible for opening of MODs on repatriable basis.

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unFixed Deposit Provides high returns and full liquidity. Ideal for short term liquidity of Individuals, Companies, Institutions, Firms, Trusts, Associations, Societies etc. Tenor : 7 to 180 days Amount : Rs.15 lacs and above Can be withdrawn anytime after 7 days, no penalty to be levied

Partial withdrawal or break up is allowed in the unit of Rs 5000.00 The deposit is not eligible for any loan against CLTD. Corporate A/c : No nomination facility Min deposit of Rs.50000.00 is required to be maintained in CLTD at all times. Service charge of Rs.50.00 to be levied if the balance fall below this level during any day in a month.

Kisan Mitra Jama Yojana (KMJY) Authorised Branches ADBs, ABDs and All Branches at Rural/ SU Centre Minimum amount of deposit Rs 1500 and thereafter in multiples of Rs. 100 Minimum amount of Partial withdrawal Rs. 500/- in multiples of Rs. 100/ Minimum & Maximum period of Deposit 12 months & 10 years Whether Deposit Receipt is Issued No, a Passbook is issued Whether Loan available Yes Corporate Liquid Term Deposit (CLTD) Minimum initial Deposit Rs.50000.00 (In multiple of Rs 5000.00 thereafter) Minimum amount of allowable subsequent deposits Rs. 25,000.00 (In multiple of Rs 5000.00 thereafter) Eligibility Corporates & Institutions of all segments Purpose : To provide a unitized breakup of term deposit to Corporates and Institutions. Period of deposit 15 days to 3 years
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Savings Plus Minimum Balance to be maintained in Savings A/c Rs 5000/ Should the average balance during a quarter fall below Rs.5,000/-, Service charge as applicable to SB account will be charged Minimum permissible Threshold Amount above which sweep will take place Rs 5,000/ Minimum Amount of sweep to MOD Rs 10000/- and thereafter in multiple of 1000/ Option for Auto Sweep Periodicity Once a week on any chosen day or once a month on any chosen date subject to availability of fund in SB A/c Period of Deposit for MOD Component 1 year to 5 years Under the reverse sweep facility, customer can specify the principle for breaking of MOD Either LIFO or FIFO In absence of any such option the Bank would follow the principle of LIFO Loan (DL or OD) against deposits held under Saving Plus Scheme is granted up to-------Not permitted

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Premium Savings Account Eligibility criteria Residents above 18 years of age Can be opened singly, jointly with or without survivorship benefits Premium Savings Account was earlier called Rich Savings Account Purpose : To offer an enriched version of Savings Bank Account consisting of various concessions and add-ons to attract Mass Affluent and HNI customers. Minimum & maximum deposit amount under the scheme Rs 25000.00 with no maximum limit Type of account Savings Bank account linked with MODs for auto sweep. Minimum sweep to MOD Rs.10000/- and thereafter in multiples of Rs.1000/- above the minimum prescribed limit of Rs.25000/-. Auto Sweep periodicity Once a month on any chosen date Period of Deposit for MOD Component 1 year to 5 years Under the reverse sweep facility, customer can specify the principle for breaking of MOD Either LIFO or FIFO In absence of any such option the Bank would follow the principle of LIFO Deposits broken through reverse sweep will be paid interest as applicable to deposits for such period at the date of opening of such deposits with penalty as applicable for premature withdrawal Customer can draw the amount conveniently for any debit transactions through cash withdrawals, transfer, ATM, Internet Banking and Standing Instructions

Balance in the Premium Saving Account will not go below the minimum prescribed balance, unless the MOD component is fully exhausted. If average minimum balance is not maintained, Rs 500.00 will be charged per quarter. Pre closure charges ( within 12 months) is Rs 500.00 Value Added Facilities i)100 normal SB cheque leaves free in a year ii) Unlimited number of debit per half year. iii)Free ATM Gold card (Master/Visa) iv)Free INB facility for viewing account and utility bill payment v)Free SMS Alert. vi)Free MCC up to 25 leaves vii)25% concession in Inter core Transactions viii)50% concession in draft issue and collection charges. No charges for issuing Bankers cheque. ix)No charges on outward RTGS / NEFT transactions

SBI SURABHI Purpose (Rationale) To meet the requirements of trusts and other organizations that have cash accruals needing safe investment options. To Provide Value added Product to the top Corporates/Institutions/Trusts etc. Nature of Deposit SB or CA linked to CLTD Minimum Balance for CA Rs 10000/ Minimum Bal for SB Rs 1000/ Period of CLTD Minimum-12 Months; Maximum-36 Months Min Threshold Limit for Sweep Rs 50000/ Min Amount of Sweep

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Rs 10,000/- and in multiples of Rs 1000/Periodicity for Sweep Weekly Partial Withdrawal based on LIFO No loan ar OD is permissible against the deposit

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/-) Differential rate of interest under Senior Citizen Deposit Scheme is 0.25% above the normal rates Nomination: i) Signature of nominee duly attested by Senior Citizen to be obtained. ii) Option to write name of nominee on receipt apart from nomination registration no (if Senior Citizen not agreed for above provision, consent letter to be kept on record) Capgain Plus Purpose For parking of capital gains for a period of maximum 3 years and utilization thereof for capital investment Authorised branches All branches except rural branches Minimum amount of deposits Rs 1000.00 for a Savings Bank and Rs. 5,000.00 for a term deposit Period of Deposit

Not exceeding 2 to 3 years from the date of transfer of original asset as applicable under different sub sections of the act (i.e. U/s 54 B & F for 2 years, U/s 54, 54 D, 54 G for 3 years) Amount withdrawn is to be utilised within 60 days No Cheque Book No ATM Card No Loan facility Term deposit can neither be accepted as margin money for NFBL nor as collateral for any FBL. Withdrawal from SB on specified forms (Form D to be submitted in duplicate) Premature Payment of TDR only after production of a specific letter of Authority from the concerned Income Tax Officer (Form C) Withdrawal of amount can be permitted only by way of DD in favour of the person to whom payment has to be made, if amount of such withdrawal exceeds Rs 25000/Account can be closed only with the approval of the IT Assessing Officer (Form G) Application Form (Form A), Conversion of TDR into SB (Form B), Nomination (Form E), Cancellation of Nomination (Form F), Settlement of Deceased (Form H)

No Frill Account No Frill Account can be opened by an individual if his/her Age is 18 years & above and gross income is Rs. 5000.00-or less as per the specified self declaration format. Now pensioner (<Rs.5000.00) is also allowed) Initial deposit required Rs 50 Minimum balance to be maintained Nil

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Maximum balance that can be maintained is Rs 10000.00, but an aggregate credit not to exceed Rs 100000.00 Payable Rate of interest As applicable to Savings Bank account irrespective of the balance Facilities & restrictions in No Frill Account are Cheque book facility is available. ATM card is available. No INB facility. Non-home branch transaction not allowed

Single certificate will also be available for the full quantity. These certificates are transferable by endorsement and delivery. Gold deposit certificate has been classified as specified security. Loan facility (OD/DL) may be availed for any general purpose.

Gold Deposit Account Eligibility i)Individual (Singly, E or S, F or S) ii)Joint Hindu Family iii)Trust iv)Company Nomination facility will be available if the deposit is In single name in individual capacity, however, Nomination facility will lapse if the certificate is transferred to another person Nodal Branch for the scheme Overseas Branch, Mumbai Minimum quantity of gold that can be deposited 500 gms (gross) Period and rate of interest of Deposit (3 years-1%),( 4 years-1.25%) & (5 years-1.50%) Gold will be accepted in the scrap form. Gold deposit certificate will be issued. Alternatively statement of account/passbook may also be issued at the choice of the depositor. Depositors opting for certificate would be issued a single certificate or certificate in the denomination of 100 gms and 1000 gms alongwith one certificate for the balance quantity.
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YUVA SB Account Who can open Age above 18yrs and upto 30 yrs Purpose To attract youths to our fold Available at All Branches in Metro/Urban centres Minimum Balance Rs 5000/ Maximum balance No limit Advantages i)50 SB Cheque leaves & 25 MCC leaves free in a Year ii)One DD/BC to be issued free favouring Educational Institutions or for applying for a job iii)Immediate credit of outstation cheques upto Rs 30000/iv)YUVA ATM Card to be issued free of cost v) Free Internet Banking & SMS alert. vi)Many add on facilities in remittances/collection, MCC, Intercore transactions & DDP

SBI Flexi Deposit Purpose To cater to the needs of the people who have surplus income and desire to earn attractive interest with flexibility of increasing the amount Scheme similar to PPF Deposit Scheme Minimum Deposit at any one instance

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Rs 500/Minimum Deposit per financial year Rs 5000/- plus in multiples of Rs 500/Max Deposit per Financial Year Rs 50000/Type of Account Recurring Deposit (Variable deposit) account Penalty for default in payment of Minimum Deposit per Financial Year Rs 50/Period of Deposit Min 5 yrs & Max 7 yrs Interest will be compounded at quarterly intervals, based on the balance outstanding on the last date of each month. Deposit on maturity can be withdrawn on the last date of the month in which it matures

SBI Annuity Deposit Under this scheme a lump sum amount deposited by a customer is repaid over a period of equated monthly installments, comprising part of principal amount and as well as interest on the reduced principal amount, compounded at quarterly rests and discounted monthly Minimum Deposit Amount Rs 25000/ Minimum Monthly Annuity Rs 1000/ Period of Deposit 36 / 60 / 84 / or 120 months Loan upto 75% of the balance amount of annuity permitted Whether premature payment permitted Only in case of death of depositor SBI Tax Saving Scheme 2006 Who can open Individuals in single name or joint name or Karta of an HUF Cater the need of Income Tax assesses
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PAN is mandatory Tax Benefit under Sec 80C of IT Act 1961 Minimum Deposit Rs 1000/Maximum Deposit Rs 100000/- in a year Period of Deposit Minimum 5 Years and Maximum 10 Years Whether Premature payment allowed After completion of 5 yrs (There is a lock in period of 5 years) Whether loan available No loan facility. It can also be not held as collateral for securing any loan In case of Joint A/c, who will get tax benefit First Account holder (u/s 80c of IT Act,1961) IT on interest : Income is liable for tax deduction u/s 194A & 195 of the act)

TERM DEPOSITS FOR 18 YEARS FOR THE BENEFIT OF GIRL CHILD Purpose To target beneficiaries of Government Departments who plan to deposit a corpus at the time of birth of a girl child. Who can open? a) Joint accounts with legal guardian of girl child operating the account. b) Provision for to be made to accept the mandate of Govt. Department funding the amount Minimum Balance Rs 1000/- (Deposits can be made by cheques issued by Government authorities/ funds transferred from Govt. account) Maximum Balance No Cap on Maturity Amount Premature Withdrawal Allowed under the following circumstances: a)Death of the minor,

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b)Mandate received from Government Loan Facility Not available Auto Renewal of Account Not Applicable at the time of Maturity Maturity Date Not to exceed 18 years from the date of birth of the Girl Child

SME SAHAJ Purpose (Rationale) To make banking facility accessible to vast section of low profile trading community and Non-individual customers QAB Rs 1000/ Penalty for Non Maintenance of QAB Rs 300/- per quarter Whether Cash Withdrawal Permitted at Cash Counter No Whether ATM Card Facility Provided Yes Card Name & Cash Withdrawal Limit Sahaj, Rs 15000/ Whether INB Facility Provided Yes Any Restrictions on Cash Deposit Yes, Max Deposit Rs 10000/- per day Whether Cheque Facility Available Yes Charge for Cheque Book Rs 5/ - per cheque upto 25 leaves per year Additional cheques @ Rs 10/- per leaf Drawing Per Cheque to be limited to Rs 15000/ Charge for SI for Payment to Other Account Rs 50/- per Transaction Immediate credit of Outstation Cheques upto Rs 15000/Page 12

SBI SHAKTI Current Account product with QAB Rs.20,000/-. Penalty for non maintenance of QAB Rs.750 per qtr Cash deposit/withdrawal at home branch unlimited Cash deposit/withdrawal at non home branch Max Rs.20,000/- on charge of Rs.100 per transaction. Penalty on closure of A/c within 12 months Rs.750/ Deposit of cheque & clearing instrument at home/non home branch, issuance of BDs/B Chq/ Pay orders, remittances at concessional rates. CINB-free. MCC,NEFT & RTGS available at normal charges. POWER JYOTI Purpose (Rationale) To provide fee collection facility for institutions through our core banking branches Type of A/c : CA QAB Rs 25000/ Penalty for non maintenance Rs 1000/- per quarter Penalty for Closing A/c within 12 months Rs 500 Whether Cheque Facility available No No overdraft facility is permissible. Transactions other than fee collection is not permitted in non-home branches In a single Challan, Upto _____ types of fee can be collected :10 Challan is in ____ Parts Three

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POWER JYOTI PLUS for Brokers Tailored product with customized MIS to suit the broking house needs. Power Jyoti Plus A/cs to be opened at our Capital Market Branch, Mumbai. Branches and franchisees of the brooking firms from other will bring only local cheques for credit to these accounts with special challan forms for assured MIS facility. No cash deposit is allowed.

SME POWER Eight Power Products Launched in Place of Power Pack, Power Gain & SBI Shakti (Rationale: i) To provide multiple choices to the customer ii) To enhance competitiveness of Business Current Accounts in tune with market trends) Features of New Product QAB ranging from Rs 20,000/- to Rs 5 Lacs Concessions/ Freebies based on the QAB Whether Cheque Return Protection Facility (Temporary OD) is available under new products No Name & QAB of New Power Products Power Pack : Rs 5 Lacs Power Premium : Rs 4 Lacs Power Privilege : Rs 3 Lacs Power Advantage : Rs 2 Lacs Power Gain : Rs 1 Lacs Power Super : Rs 75000/Power Lite : Rs 40000/Power Base : Rs 20000/ Penalty for Non Maintenance of QAB Power Pack : Rs 10000/ Qtr Power Premium : Rs 9000/ Qtr Power Privilege : Rs 8000/ Qtr Power Advantage : Rs 7000/ Qtr Power Gain : Rs 6000/ Qtr Power Super : Rs 5000/ Qtr
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Power Lite : Rs 4000/ Qtr Power Base : Rs 3000/ Qtr Penalty for Closing A/c within 12 mths Power Pack : Rs 5000/Power Premium : Rs 4000/Power Privilege : Rs 3000/Power Advantage : Rs 2000/Power Gain : Rs 1000/Power Super : Rs 900/Power Lite : Rs 800/Power Base : Rs 750/Cash Deposit At Home Branch (Monthly ceiling specified) Power Pack Unlimited, Free Power Premium-Free Upto 30 lacs PM Power Privilege-Free Upto 25 lacs PM Power Advantage- Free Upto 20 lacs PM Power gain- Free Upto 15 lacs PM Power Super- Free Upto 10 lacs PM Power Lite- Free Upto 6 lacs PM Power Base- Free Upto 4 lacs PM (For Amount above the monthly ceiling Rs 25/- per lac or part thereof) Cash Deposit at Non Home Branch (Max limit Rs 2 lakh per day; BM of Non Home Branch is vested with discretion to accept more cash; Normal Charge: 0.20% of amt deposited; Min Rs 25/-) Power Pack Free Power Premium 25% of Normal Charge; Cash Handling Charge Free Power Privilege 30% of Normal Charge; Cash Handling Charge Free Power Advantage 40% of Normal Charge; Cash Handling Charge Free Power Gain 50% of Normal Charge; Cash Handling Charge Free Cash withdrawal at Home Branch Unlimited & free in case of all variants Cash Withdrawal at Non Home Branch (Max Limit Rs 1 lac per day by account holder only; Normal Charge: 0.20% of amt encashed; Min Rs 25/-) Power Pack : Free Power Premium: 25% of NC; Min 25/-

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Power Privilege: 30% of NC; Min 25/Power Advantage:40% of NC; Min 25/Power Gain :50% of NC; Min 25/Power Super :75% of NC; Min 25/Power Lite : 80% of NC; Min 25/Power Base : 90% of NC; Min 25/Draft/ Bankers Cheque Issue Charge Power Pack : Free Power Premium: Rs 0.25/1000; Min 25/-; Max 3000/Power Privilege: Rs 0.30/1000; Min 25/-; Max 3000/Power Advantage: Rs 0.40/1000; Min 25/-; Max 3000/Power Gain: Rs 0.50/1000; Min 25/-; Max 3000/Power Super: Rs 0.75/1000; Min 25/-; Max 3000/Power Lite: Rs 0.80/1000; Min 25/-; Max 3000/Power Base: Rs 0.90/1000; Min 25/-; Max 3000/Outstation Cheque Collection Charge Power Pack & Power Premium: 25% of Normal Charge Power Privilege, Power Advantage & Power Gain : 50% of Normal Charge Power Super, Power Lite & Power Base: Normal Charge Inter Core Transaction (Intra City) Free in case of all variants Inter Core Transaction (Inter City) (Normal Charge: Rs 2/- per Rs 1000/-; Min Rs 25/-; Max Rs 1250/-) Power Pack : Free Power Premium: 25% of NC; Min 25/-; Max 1250/Power Privilege: 30% of NC; Min 25/-; Max 1250/Power Advantage:40% of NC; Min 25/; Max 1250/Power Gain :50% of NC; Min 25/-; Max 1250/Power Super :75% of NC; Min 25/-; Max 1250/Power Lite : 80% of NC; Min 25/-; Max 1250/Page 14

Power Base : 90% of NC; Min 25/-; Max 1250/Multi City Cheque Facility (Normal Transaction Charge: Rs 25/per Cheque upto Rs 5 lacs & Rs 50/per Cheque for amounts above Rs 5 lacs) Power Pack, Power Premium, Power Privilege, Power Advantage & Power Gain : Issue Charge & Transaction Charge Free Power Super, Power Lite & Power Base: Issue Charge Free / Normal Transaction Charge Cheque Book Charge (Other than MCC) Power Pack, Power Premium, Power Privilege, Power Advantage & Power Gain: Free Power Super & Power Lite: Rs 1/- per leaf Power Base: Rs 2/- per leaf CINB Available to all variants ATM Cum Debit Card Power Pack, Power Premium & Power Privilege: Power Pack Card (International); Withdrawal Limit Rs 50000/Power Advantage, Power Gain, Power Super, Power Lite & Power Base: Power Gain Card (Domestic); Withdrawal limit Rs 40000/RTGS Charges Power Pack, Power Premium, Power Privilege, Power Advantage & Power Gain: Free Power Super & Power Lite: Flat Rs 25/per Transaction Power Base: Normal Charges NEFT Charges Power Pack, Power Premium, Power Privilege, Power Advantage, Power Gain, Power Super & Power Lite: Free Power Base: Normal Charges Standing Instruction Charges

Quick Success Series Liability & Transaction Products

Feb 28, 2013

Power Pack, Power Premium, Power Privilege, Power Advantage & Power Gain: Free Power Super, Power Lite & Power Base: Normal Charges Issue of Duplicate Statements: Power Pack, Power Premium, Power Privilege, Power Advantage & Power Gain: Free Power Super, Power Lite & Power Base: Normal Charges Car Loans Power Pack & Power Premium: Pre Approved Car Loans for Promoters Power Privilege, Power Advantage, Power Gain, Power Super, Power Lite & Power Base: Not Available Demat Services & Ez Trade Power Pack, Power Premium, Power Privilege, Power Advantage, Power Gain, Power Super & Power Lite: Free in the name of the Firm/ Corporate Power Base: Not Available Salary Accounts Power Pack, Power Premium & Power Privilege: All categories of Salary Accounts for the employees of the Firm/Corporate Power Advantage & Power Gain: Silver & Gold Salary Accounts for all employees of the firm/ Corporates Power Super, Power Lite & Power Base: Not Available

Salary Packages Corporate Salary Package (CSP) - For Permanent employees of a Corporate or Institution fulfilling two criteria* (See box below) Defence Salary Package Army (DSPArmy)- For Personnel of Army & Rashtriya Rifles Defence Salary Package Navy (DSPNavy)- For Personnel of Navy Defence Salary Package Air Force (DSP-Airforce)- For Personnel of Airforce
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Defence Salary Package Assam Rifles (DSP-AR)- For Personnel of Assam Rifles Defence Salary Package GREF (DSPGREF)- For Personnel of General Reserve Engineer Force Para Military Salary Package (PMSP)For Personnel of Central Reserve Police Force (CRPF); Commando Battalion for Resolute Action (COBRA), under Command & Control of CRPF; Sashastra Seema Bal (SSB); Border Security Force (BSF); National Security Guards (NSG); Indo Tibetan Border Police (ITBP) & Central Industrial Security Force (CISF) Railway Salary Package (RSP)- For Personnel of Indian Railways Police Salary Package (PSP)- For permanent employees of Central Police Organisations and Police Forces of States and Union Territories Indian Coast Guard Salary Package- A new salary package scheme is launched State Govt Salary Package (SGSP)Concession will be available to those employees who maintain their salary account with SBI only Central Govt Salary Package (CGSP)Permanent employees of all ministries and department of Central Govt including defence civilians are covered by the scheme already. Now employees of RBI and NABARD are also included. Variants of Salary A/cs in all theses Salary Packages Four (Silver, Gold, Diamond & Platinum) Any Exception to the above Platinum Variant not available in DSPAR (Since officers qualifying for Platinum Variant are on deputation from Army & they are already covered under DSP-Army)

Quick Success Series Liability & Transaction Products

Feb 28, 2013

Basis for determining the variant of Salary A/C CSP-Gross Salary; In all other Packages- Rank of the employee (For details refer Memory Mantra) Common Features applicable to All Variants in All the Salary Packages Free unlimited number of SB cheques (Except for bulk requirement for EMIs payable to other banks/ FIs/NBFCs) Free Multi City cheque leaf charges & issue charges Min Threshold Amount of Rs 15000/for Auto Sweep Facility under Savings Plus Core Power (Transaction at Non Home Branches)- Free Core Power (Transfer of Fund between SBI Branches) Free for Salary Package Accountholder, however, Normal Charges applicable to beneficiary of such transfer except in case of DSP/PMSP Overdraft facility limited to 2 months Net Salary repayable within 6 months from next salary 1% Discount in purchase of Gold Coin of all denominations Free Issue & Annual Maintenance Charge of ATM Free Add on card for spouse in case joint accountholder Free RTGS/NEFT facility eZ trade (3-in one account : demat, share trading and Savings account) 1st Year Demat Account opening Charge waived (RSP & PSP only) 1st Year Annual Maintenance Charge waived (DSP & PMSP only) 50 bps concession in Home Loan, Car Loan, Xpress Credit & Education Loan (DSP/PMSP) 50 bps concession in Car Loan & Xpress Credit (RSP/PSP)
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25 bps concession in Home Loan (RSP/PSP) 5% concession in Margin in Car Loan (New Cars only) (All Salary Packages except CSP) Processing charge waived on all Personal Segment Loans (DSP/PMSP) 50% Concession in Processing Charge of HL & XP (RSP/PSP) Rs 500/- per application processing charge in Car Loan (RSP/PSP) Common Features applicable to Silver Variant in All the Salary Packages Free Domestic ATM Card One additional ATM card to Single Accountholders at their risk & responsibility (DSP/PMSP) Personal Accident Insurance Cover of Rs 1 Lakh (RSP only) Personal Accident Insurance Cover of Rs 3.00 lacs (enhanced from Rs.2.50 lacs) PSP/DSP/PMSP Common Features applicable to Gold & Diamond Variant in All the Salary Packages Free Gold International Visa or Master Debit Cards. Personal Accident Insurance cover of Rs 5 lacs (enhanced from Rs.4 lacs) Common Features applicable to Platinum Variant in All the Salary Packages Free Platinum International Debit Cards Personal Accident Insurance cover of Rs. 5 lacs SBI Vishesh status 25% Concession in locker charge Application for availing overdraft to be obtained at the time of opening new accounts /conversion of existing accounts and limit set up ab-initio Number of free drafts per month with a ceiling of Rs 50,000/- on each draft

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Feb 28, 2013

and only if issued through transfer from the Salary Account DSP/PMSP [Silver-5, Gold 10, Diamond 25, Platinum Unlimited] RSP/PSP 2 (All Variant) NEFT charge per outward transaction for Employers Up to Rs. 1 lac: Rs. 5/- per transaction, Above Rs.1 Lac to Rs.2 lakhs Rs.15/Above Rs. 2 lac: Rs. 25/- per transaction RTGS charge per outward transaction for Employers: Rs. 2 lac to Rs.5 lacs: Rs. 25/- per transaction Above Rs.5 Lacs Rs.50 (NEFT/RTGS Charges for Employers Waived whilst uploading salary /other credits to employee accounts through our CINB)

*Criteria for offering CSP to the employees of a Corporate or Institution i) A minimum number of 25 employees with a minimum payout of Rs.1.25 lacs p.m & ii) Minimum gross monthly salary per account of Rs. 5,000.00 (PBBU Heads of the Circle may permit deviation and approve a tie up with a Corporate/ Institution having minimum number of 10 employees opening their salary accounts with us) Circle CGM may permit coverage of employees having salaries of less than Rs.5000 per month under Silver variant, provided: All the salary accounts are maintained with our Bank & The employees drawing gross salary of less than Rs.5,000/-should not be more than 20% of total

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