PRAHALADRAI

DALMIA
LIONS COLLEGE
OF COMMERCE
AND
ECONOMICS

S.Y.B.M.S. DIV.:- A
4th SEMESTER
2009-10

SUB.:- tax

Bank: state bank of india.

Presented to: prof. paulomi

 Group No.

SR NO. NAME ROLL

NO
1. PRIYANKA AGRAWAL 2

2. RAVI BARAI 6

3. USHA MISTRY 27

4. ANKITA MODI 28

5. ROHAN SHAH 44

INTRODUCTION
The evolution of State Bank of India can be traced back to the first decade of
the 19th century. It began with the establishment of the Bank of Calcutta in
Calcutta, on 2 June 1806. The bank was redesigned as the Bank of Bengal,
three years later, on 2 January 1809.

State Bank of India (SBI) is that country's largest commercial bank. The
government-controlled bank--the Indian government maintains a stake of
nearly 60 percent in SBI through the central Reserve Bank of India--also
operates the world's largest branch network, with more than 13,500 branch
offices throughout India, staffed by nearly 220,000 employees. SBI is also
present worldwide, with seven international subsidiaries in the United States,
Canada, Nepal, Bhutan, Nigeria, Mauritius, and the United Kingdom, and
more than 50 branch offices in 30 countries.

Branches
The corporate center of SBI is located in Mumbai. In order to cater to
different functions, there are several other establishments in and outside
Mumbai, apart from the corporate center. The bank boasts of having as
many as 14 local head offices and 57 Zonal Offices, located at major cities
throughout India. It is recorded that SBI has about 10000 branches, well
networked to cater to its customers throughout India.

PRODUCTS
Personal Banking

• SBI Term Deposits SBI Loan For Pensioners

• SBI Recurring Deposits Loan Against Mortgage Of Property
• SBI Housing Loan Loan Against Shares & Debentures
• SBI Car Loan Rent Plus Scheme
• SBI Educational Loan Medi-Plus Scheme
CORPORATE BANKING

• Working Capital Financing

• Term Loans
• Deferred Payment Guarantees
• Corporate Loans
• Export Credit

Retail Banking

• SBI Term Deposits

• SBI Recurring Deposits
• SBI Housing Loan
• SBI Car Loan
• SBI Educational Loan
• SBI Personal Loan
• SBI Loan For Pensioners
• Loan Against Mortgage Of Property

• Loan Against Shares & Debentures

• Rent Plus Scheme
• Medi-Plus Scheme
• Rates Of Interest
Other Services

• Agriculture/Rural Banking
• NRI Services
• ATM Services
• Demat Services
• Corporate Banking
• Internet Banking
• Mobile Banking
• International Banking
• Safe Deposit Locker
• RBIEFT
• E-Pay
• E-Rail
• SBI Vishwa Yatra Foreign Travel Card
• Broking Services
• Gift Cheques
DEPOSIT LOANS CARDS DIFFERENT
CREDIT CARDS
Savings Account Home Loans Consumer Cards SBI International
cards

Life Plus Senior Loan Against Credit Card SBI Gold cards
Citizens Savings Property
Account

Fixed Deposits Personal Loans Travel Card SBI Gold Master

cards

Security Deposits Car Loan Debit Cards

Recurring Deposits Loans against Commercial Cards

Securities

Tax-Saver Fixed Two Wheeler Corporate Cards

Deposit

Salary Account Pre-approved Prepaid Card Partnership Cards

Loans

Advantage Retail Asset Purchase Card

WomanSavings
Account

Rural Savings Farmer Finance Distribution Cards SBI Employee

Account Cards
People's Savings Business Business Card
Account Installment
Loans

TAX RELATED PRODUCTS

1. Unit Link Products:-

1. SBI Life Horizon II:-

This plan offers the flexibility of Unit Linked Plan along with Automatic Asset
Allocation which provides relatively higher returns on your money where as
increasing death benefits provides higher security to your family.

2. SBI Life Unit Plus II:- SBI Life –

Unit Plus II Plans are an attempt to meet all your financial & insurance
needs through a single non participating product. You can use it the way you
like. What’s more you get market linked returns which in the long term has
always proved to give better returns than traditional savings products.

3. SBI Life Unit Plus Child Plan:-

SBI Life - Unit Plus Child Plan to suit you and your needs best. This Plan is
meant for parents in the age group of 18-57 having a child between the age
group of 0-15 years.
4. SBI Life Horizon II Pension:-

SBI Life - Horizon II Pension is a safe and a hassle free way to get high
returns! SBI Life - Horizon II Pension comes with the unique feature of
Automatic Asset Allocation by means of which you truly, don’t need to be an
expert to grow your money!

5. SBI Life Unit Plus II Pension Plan:-

This is a unit linked pension plan wherein the policyholder chooses an

investment period from 5 to 52 years for a vesting age between 50 to 70
years. Flexibility to choose between two options a) Pure Pension ,b) Pension
cum Life Cover. No medical required for Pure Pension, automatic acceptance
facility. And Many More….

2. Traditional Plans:- Long Term Plans

a. SBI Life - Money Back Plan:-

The plan has a number of moneyback options specially suited to your needs.
The cover is available at competitive premium rates. It has guaranteed cash
inflows which can meet your various financial obligations. In addition to
normal death cover, the plan also provides you 4 additional covers.

b. SBI Life – Sudarsan:-

This is an Endowment Policy designed to provide savings and protection to

you and your family. You can save regularly for the future. Thus at the end
of the plan, you will receive a substantial amount of savings along with the
accumulated bonuses declared. At the same time, your family will be
protected for death risk for the full Sum Assured.

c. SBI Life – Scholar II:-

We at SBI Life can help you ensure that your children’s future is secure and
prosperous. This plan is designed to protect your child’s future educational
needs.
 CONCLUSION.

From the analysis part it can be conclude that customers have a good respond
towards SBI advance products in Bhubaneswar. SBI is in 1st position having large
number of customers & providing good services to them. The bank has a wide
customer base, so the bank should concentrate on this to retain these customers.In
present scenario SBI is the largest advance product issuer in India. Within a very
short period of time the achievement made by SBI is excellent, what a normal bank
cannot expect, but it is being done by SBI. It happens due to employee dedication
towards the organization, fastest growing Indian economy, & brand image.To be the
largest advance product issuer, SBI should focus on-

• Launch Innovative product

• Customized advance products.

• Better customer services

• Fastest customers problem solving techniques

• Customer retention

Apart from all the above, SBI believe in providing good customer services to their
customers which is a key factor for success in future.