BOOK LET(RETAIL ASSET PRODUCTS)

(updated as on 11.11.2019)

Prepared by

ANV SubbaraoChief Manager (Training)

SBILD, MasulipatnamPF ID 6375278

Email : akana.venkata@sbi.co.in

1

FORE WORD

It gives me immense pleasure in bringing out the Booklet on “Retail Assets” for the use of

all employees PAN INDIA to update knowledge on our Bank's Retail Asset Products and

its features at a glance.

I take this opportunity to thank Shri Choudhary Alok Kumar, DMD(HR) & CDO,

Smt. M.Jayashree Reddy, CGM & Head (STU), and Team STU for extending their

invaluable support in bringing out the updated Booklet on “Retail Assets”.

This booklet is a small effort to equip you to become Bankers par excellence. It gives you

a bird’s eye view of the essential products and services offered by the Bank under Retail

Segment which every employee should know.

The handbook has been developed and designed to facilitate the operating staff for smooth functioning of their roles in the Bank and contains various features & guidelines of Retail Asset products of the Bank and gives a brief outline of the products and services offered by the Bank.

Every possible care has been taken to incorporate the latest changes in the instructions.

We shall be glad if the users bring to our notice of any omissions & errors, if any. We look

forward to your feedback to further enhance the quality of the book in our future editions.

I congratulate our faculty Mr. ANV Subbarao, Chief Manager (Trg), for his committed

efforts to prepare this Booklet on Retail Assets for the benefit of all Staff Members of

State Bank of India.

With warm wishes,

Saibaba MachirajuDirector SBILDState Bank of IndiaSBILD Masulipatnamdirector.sbildmasulipatnam@sbi.co.in

2

INDEXSL.NO. NAME OF PRODUCT/SCHEME PAGE NO (S)

1 PERSONAL GOLD LOAN 2) PERSONAL LIQUID GL 3) BULLET REPAYMENT 5

4 SBI STUDENT LOAN 5) SBI SCHOLAR LOAN 6) GLOBAL ED-VANTAGE LOAN 6

7 SBI SKILL LOAN SCHEME 7

8 SBI AUTO LOAN SCHEME 8,9

9 SBI ASSURED CAR LOAN SCHEME

10 SBI LOYALTY CAR LOAN SCHEME

11 SBI CERTIFIED PRE-OWNED CAR LOAN 10

12 SBI CAR LOAN LITE 15) SBI SUPER BIKE LOAN 11

13 SBI GREEN CAR LOAN PREAPPROVED CAR LOAN NRI CAR LOAN 12,13,14,15

14 SBI XPRESS CREDIT16,17

15 XPRESS CREDIT – NON PERMANENT EMPLOYEES

16 XPRESS CREDIT – TEACHING & NON-TEACHING

17 SBI EXPRESS CREDIT – IT EMPLOYEES & 18) XPRESS CREDIT – ELITE 18

19 XPRESS YONO – 20) SBI INSTA CREDIT (TOP-UP) 21) XPRESS POWER 19,20,21

22 XPRESS – RMP 23) SBI-TATKAL E-PERSONAL LOAN 22,23

24 SBI QUICK PERSONAL LOAN THROUGH CLP PORTAL XPRESS LITE 24,25

25 SBI PENSION LOAN 26) JAI JAWAN PENSION LOAN26,27

27 PENSION LOAN TO CMPF PENSIONERS

28 YONO - PRE-APPROVED PENSION LOANS (PAPNL) 28

29 LOAN AGAINST PROPERTY SCHEME (LAP)29,30

30 SBI REVERSE MORTGAGE LOAN

31 HOME LOAN 31

32 SBI HOME TOP-UP LOAN32,33

33 INSTA HOME TOP-UP LOAN

34 YONO INSTA HOME TOP UP LOAN 34

35 SMART HOME TOP UP LOAN 35

36 SBI PRIVILEGE HOME LOAN & SBI SHAURYA HOME LOAN36,3736,37

37 SBI FLEXI PAY HOME LOAN

38 HLs TO NON-SALARIED SEGMENT DIFFERENTIAL OFFERINGS38,39

39 SBI REALTY SCHEME

40 SBI BRIDGE HOME LOAN40,41,42

41 EARNEST MONEY DEPOSIT SCHEME (EMD)

42 SBI TRIBAL PLUS HOME LOAN 43) SBI MAXGAIN 43,44

44 PRADHAN MANTRI AWAS YOJANA (CLSS) 45

45 CRE HOME LOANS 46) SBI HOME LOAN PRE-APPROVED LIMIT 46,47

47 SBI ASSET BACKED LOAN (RH) 48,49

48 BUILDER FINANCE FOR RES. HSG PROJs 49) GNPFS - AFFORDABLE 50,51,52

50 BUILDER TIE UP, 51) SBI EXLUSiF 53,54

52 YONO e2e DIGITISATION OF HOME LOANS 55

53 NRI HOME LOANS 56

54 LOAN AGAINST TDRs, NSCs, KVPs, LIC POL, SBI MF, SBI LIFE & SECURITIES 57

3

S.NO. IMPORTANT GUIDELINES AND FORMATS1 ADVANCES – LOAN POLICY 2019-20 25042019

2 P SEG ADV GENERAL INSTRUCTIONS HL & RML – PART 7

3 P SEG ADV GENERAL INSTRUCTIONS OTHER SCHEMES PART 8

4 HL, RML, EDL & GEN DOCUMENTS & ANNEXURES – PART 9

5 AUTO & PERSONAL LOANS – DOCUMENTS & ANNEXURES – PART 10

6 SERVICE CHARGES – P SEGMENT ADVANCES

7 SERVICE CHARGES – GOLD LOANS (MODIFICATIONS)

8 SERVICE CHARGES – CERSAI – 09082017 CERSAI SOP 081217

9 LOS – HOME LOANS – WORK FLOW - 18112017, ANEX-A, B

10 CIC 21122017 & 04012018 & 17012018 CIC HL CIC EDL CIC SME CIC AGR

11 CERSAI UPDATION THROUGH CCDP – 26022018 CERSAI TIME LINE 21012019

12 MIGRATION OF PRE-SANCTION CREDIT PROCESS FROM NON-BPR BRANCHES – 23052018

13 TIR MASTER CIRCULAR 13132013 TIR SOP DATED 25092017 CLARIFICATIONS 09032018 SUPPLEMENTARY TIR 090718 TIR VERIFICATION OF POSSESSION OF PROPERTY 090718 MODIFICAION IN FORMAT 121218

14 LOS PB – ONLINE CONTROL CONTROL 27072018 & CIR DT 25022019

15 LOAN INSURANCE FOR P LOANS 160818

16 STANDARD COVENANTS REVIEW 19092018

17 RACC ROLE MANUAL AND SOP 17092018

18 KEY FACT STATEMENT 26022019

19 RACPC REVIEW PROCESS - 07032019

20 COMMISION TO HLC 110319 220319 COMMISION TO SSL 130319

21 HOME LOANS SOURCING FORMAT 070319

22 RECOVERY THROUGH COMPROMISE SETTELEMENTS SOP 300319

23 RECOVERY THROUGH LOK ADALATS SOP 300319

24 RECOVERY THROUGH DRT SOP 190319

25 RECOVERY THROUGH CIVIL COURTS SOP 080319

26 CSP CUSTOMERS CONCESSIONS 310519

27 CHANGES IN SANCTIONS CONTROL OF PBBU LOANS IN LOS 130619

28 RACC HUB SPOKE MODEL 13062019 FAQs 20062019

29 CERSAI REVISED FEE STRUCTURE 01102019 CERSAI CBS SCREEN 05082019

30 MCLR 09092019

31 Migration of NPA/AUCA a/cs to SARG with o/s of Rs. 20 lakhs and above only 2609201932 HOME LOANS NEW PRODUCT CODES UNDER EBLR REGIME 3009201933 PRIORITY SECTOR ADVANCES MASTER DIRECTION 11 Oct 201934 XPRESS CREDIT & PENSION LOAN SCHEMES DOCUMENT CHECKLIST WHILE

APPLYING FOR THE LOAN 2510201935 MASTER CIRCULAR RACC HUB & SPOKE MODEL (UPDATED AS ON 01.11.2019

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SBI GOLD LOAN (P SEGMENT) – 3 VARIANTSSCHEME SBI PERSONAL GOLD

LOANSBI PERSONAL LIQUID GOLD LOAN

SBI GOLD LOAN – BULLET REPAYMENT

PURPOSE Bank's existing customers can avail the loan by pledge of gold ornaments including gold coins sold by Banks. gold coins (weight of coins not to exceed 50 grams per customer cir no. NBG/PBU/PL-PERLOANS/1/2013 – 14 dated 07.05.2013 & 260719

FACILITY Demand Loan Over Draft Demand Loan

ELIGIBILITY Age: 18 years and above Profession: Anybody with Steady source of income including: Bank s Employees. Pensioners

SECURITY Pledge of Gold ornaments made of not less than 18 carrot gold.

QUANTUM OF LOAN

Minimum: Rs.20,000/- (All centres) Maximum: Rs 20 Lacs/- (All centres)

MARGIN 25.00% 25.00% 35.00%

RATE OF INTEREST

NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

PERIOD/REPAYMENT

36 Months Equated Monthly Instalments(EMI)

36 Months (Interest to be serviced on monthly basis. Principal to be paid at the end of the term).

12 Months (Both Interest and Principal to be paid atthe end of the term).

PROCESSING FEE

0.50% of the Loan amount + applicable Service Tax or Rs 500 + applicable service Tax whichever is higher.

SCALE OF FINANCE

Cir dated 31.08.2019 scale of finance W.E.F 01.11.2019

Appraisal Charges Gold Appraiser charges range will be @0.05% to 0.10% of loan amount with a minimum of Rs 50/- and maximum of Rs 600/- in Urban/Metro location and a minimum of Rs 50/- and maximum of Rs 300/- in Rural/Semi urban location.

PER cir dt. 11012018 , 8022018 & AGR - 09012018, 05022018

SERVICE CHARGES

NBG/BOD-GB/1/2017 – 18 dated 01.04.2017 Gold Safe Keeping Chgs after ClosureService Charges – Gold Loans (Modifications) dt 10.01.2017

MS/SOP GOLD LOAN MASTER CIRCULAR dt 16042019GOLD LOAN APPRAISER 08052018 AGR APPRAISER 10052018

Gold Loans Risk control Self System 260618Gold Loan AGR Int upto 31122019

Gold Loan AGR Single Borrower 5 a/cs MaxGold Loan AGR Distance 25 KM 260819

SOP- GOLD LOANS SOP – METAL GOLD LOANS Dated 06072017 GOLD RETENTION POLICY Dated 24012018

AGRI GL(MPGL) THROUGH YONOCONTINUATION OFCONCESSION IN PRICING 291019 YONO Krishi AGRI GOLD LOAN ON YONO BRANCH PORTAL 241019

REFERENCE NBG/PBU/PL-GOLD/23/2014 – 15 dated 01.08.2014

NBG/PBU/PL-GL/76/2016 – 17 dated 10.01.2017

NBG/PBU/PL-GL/21/2015–16 dated 17.07.2015

NBG/PBU/PL-GL/76/2016 – 17 dated 10.01.2017

NBG/PBU/PLGL/21/2016 - 17 dated 25.05.2016

NBG/PBU/PL-GL/76/2016 – 17 dated 10.01.2017

5

SBI EDUCATION LOAN – 3 VARIANTSSCHEME SBI STUDENT LOAN SBI SCHOLAR LOAN GLOBAL EDVANTAGE

PURPOSE Extend financial assistance to deserving/meritorious students for pursuing higher education in India and abroad (Checklist)

For deserving/meritorious students for pursuing higher education in selected Institutes in IndiaPart time courses 140219

For pursuing full time regular courses in foreign colleges/universitiesDisburse -VISA 1211217Tie-up with BITC -290917

ELIGIBILITY Graduation courses: B.A, B.Com., B.Sc., etc.� Post Graduation courses: Masters Degree and Ph.D.� Professional coursesSB A/C TO BE JOINTLY COBORROWER – dt 27.07.17

List AA, List A, List B & List C (as under) 26062019 – 181 Institutes24072019 – 182 Institute28082019 – 183 Institute 01112019 - 184 Institute05112019 – 185 Institute

Regular full time Courses in Institutions/ Universities of USA, UK, Canada, Australia, Europe, Singapore, Japan and Hong Kong & NewzealandDated 17062017 Dt 230518

SECURITY Upto Rs. 7.5 Lacs: NoCollateral Security or third party guarantee

Above Rs. 7.5 Lacs: Tangible collateral securityEWS overseas studies291018

List – AA * Without Collateral: Upto Rs. 40 LacsList – A * Without Collateral: Upto Rs. 20 Lacs With Collateral Upto 30 LList - B Without Collateral: Upto Rs. 20 LacsList -C Without Collateral: Upto Rs. 7.50 Lacs * With Collateral : > 7.5 - 30 Lacs

For security in the form of land/building, 110%of the loan limit plus simple interest to be accrued on the loan amount during course and moratorium period

QUANTUM OF LOAN

Studies in India - Max Rs. 10.00 lacs. Medical – 30 lacs dt 28.07.18. Abroad -20 lacs

Minimum: Rs. 20 LacsMaximum: Rs. 1.5 Cr

MARGIN Upto Rs. 4 Lacs: NilAbove Rs. 4 Lacs:• 5% for studies in India• 15% for studies abroad

Upto Rs. 4 Lacs: NilAbove Rs. 4 Lacs & up to Rs. 7.50 lacs – 5%Above Rs. 7.50 lacs - Nil

10% - with each disbursementSourcing GEEBEE 28062018

RATE OF INTEREST

NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019 GLOBAL SCHEME CONCESSION IN PROCESSING FEE FOR DSP/ PMSP/ ICGSP 251019

PERIOD/REPAYMENT

Morotarium - Course period + 1 year, or 6 months after getting job, whichever is earlier. Repayment : Upto 15 years after the commencement of repayment

Morotarium : 6 months Repayment: Upto 15 years

REFERENCE Master Cir NBG/PBU/PL-EDUCATION/14/2017 – 18

dt 10.07.2017 NBG/PBU/PLSTUDENT/64/ 2015 - 16dated 21.03.2016Third party Gurantee 040118Servicing Int Optional 040619

/5/2013 – 14 dated 12.06.2013/53/2015 -16 dated 30.12.2015Modificaitons – 37/2017 - 18Date: 17 Oct 2017Modification - 40 Lacs – Cir dt 03012018

/58/2015 – 16 dated 08.02.2016NBG/PBU/PL-PERLOANS/3/2016 - 17dated 07.04.2016NBG/PBU/PL-EDUCATION/89/2016 -17 dated 27.02.2017

EDL POA 250419 & Formats 100717 & EWS CIC – EDL 170118 EDL Product Codes – 130619 New Courses Cir 120717 , Annex 1, Annex 2 Co-borrower guidelines 310818 EDL – YOCKET –LEADS Cir dt 20112017 Pre-sanction waiver for CSP 05122017EDL – Operational guidelines revised dt 16012018 , Tie-Up with WeMakeScholars 09022018Clarificatins 280318 Outside remittance 130418 EDL Edwise 240418 EDL Edwise 240418 230418 New LOS Ids for Medical & Deviations dt 07012019 EDL Tie up with HPCL 210119 EWS FOR OVERSEAS STUDIES – 04062019 EDL CGFSEL, CGFSSL 10072019 APPLICATION FORM AND CHECKLIST OF DOCUMENTS – 110619 EDL STAFF IN LOS 24062019

6

SBI SKILL LOAN SCHEME (4)(NBG/PBU/PL-SKILL LOA/45/2015 – 16 Tuesday,November 17,2015)

EDL Master Cir dt 10072017 Cir Dt 30072017, TIE-UP Cir dt 07122017

SBI Skill Loan Scheme replaces the existing SBI Loan Scheme for Vocational Education and Training. The detailed features of the revised SBI SKILL LOAN SCHEME are mentioned below:

Eligibility : • Training Institutes/ Courses: Courses run by Industrial Training Institutes (ITIs), Polytechnics, training partners affiliated to National Skill Development Corporation (NSDC)/ Sector Skill Councils, State Skill Mission, State Skill Corporation, preferably leading to a certificate / diploma / degree issued by such organization as per National Skill Qualification Framework (NSQF) are eligible for a Skilling Loan. • Schools recognized by Central or State Education Boards or Collegesaffiliated to recognized university leading to a certificate / diploma / degree issued by such organization as per National Skill Qualification Framework (NSQF) is eligible for a Skilling Loan.• There is no minimum course duration Nationality : The applicant should be an Indian NationalMinimum Age : There are no specific restrictions with regard to the Age of the student to be eligible for Skill loan. However, if the student is a minor while the parent executes documents for the loan the bank will obtain a letter of acceptance/ ratification from him/her upon attaining majority as in the case of Education loan. Minimum Qualification : As required by the enrolling institution/ organization as per National Skill Qualification Framework (NSQF). Know your Customer : (KYC) norms Aadhar number will also be considered as a valid proof of KYCnorms in addition to the other identity and address proof as per the norms of Education Loan Scheme.

Quantum of Finance : Minimum Loan Amount: Rs. 5000 Maximum loan amount: Rs. 1,50,000• For Govt. Institutions: No separate validation of fees • For Private Institutions for loans above Rs. 50,000: Fee structure will be validated by the PBBU of the concerned LHO. For this purpose, the PBBU at LHO will identify a nearby Branch which can verify changes in fee structure on an ongoing basis

Margin NIL Processing Charges : NIL

Security : No collateral or third party guarantee will be taken. However, the Parent/ Guardian will execute loan documents along with the student, as joint borrower (co-borrower). Spouse may be included as coapplicant wherever applicable, in addition to Parent/ Natural Guardian.

Authorised branches : • In case of Government Institutes: All Branches, Except Rural Branches, are eligible for doing Skill Loans • In case of Private Institutes: PBBU at the concerned LHO will identify a nearby Branch which can verify changes in fee structure on an ongoing basis. As far as possible, loans in respect of such institutions will be routed through the mapped Branch.

Moratorium Period : • Courses of duration upto 1 year: upto 6 months from the completion of the course • Courses of duration above 1 year: 12 months from the completion of the course Repayment • Loans upto Rs 50,000: Upto 3 years • Loans between Rs 50,000 to Rs 1 lakh: Upto 5 years • Loans above Rs. 1 lakh: Upto 7 years

Interest : NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

Maximum Loan Amount Product Code Product NameUpto Rs. 50,000 6251-4327 TL-SBI Skill LN SC-50000Above Rs, 50,000 and upto Rs.1 Lac 6251-4328 TL-SBI Skill LN SC-100000Above Rs.1,00,000 and upto Rs. 1.5 Lacs 6251-4329 TL-SBI Skill LN SC-150000

7

SBI AUTO LOAN – VARIANTS (1, 2, 3)SCHEME SBI AUTO LOAN

SCHEMESBI ASSURED CAR LOAN SCHEME

SBI LOYALTY CAR LOAN SCHEME

PURPOSE Purchase of New vehicles Purchase of New vehicles To purchase new/old passenger car, MUV and sport utilityvehicle

FACILITY Term Loan Term Loan Term Loan

ELIGIBILITY AGE:-21-67 years Repayment before 70 YMin NAI – For Salaried 3.00 lacsSelf-employed/Business – 3.00 lacs. Agriculturists – 4.00 lacs. The maximum number of applicants should be restricted to two.Depreciation - 04072019

Existing Customers with unencumbered FixedDepositsAge – 18 yrs – No Max. Repayment before 75 Y Minimum Income - Not stipulated CIBIL scores less than 600 and those in -1, 0, 1 to 5 categories will also be eligible.

Housing loan borrowers of SBI, & Satisfactorily serviced the loan for at least one year afterthe moratorium period.Min NAI – Rs.2 lacs

SECURITY Hypothecation of vehicleAll Govt. Employees having Salary Package accounts with SBI: Minimum CIC (CIBIL) Score: 600For others: Minimum CIC (CIBIL) Score : 650

1) Hyp of vehicle2) Pledge of TDR inhis/their own name.Third party TDRs will not be accepted

i) Hypothecation of vehicle ii) Equitable mortgage taken for the housing loan should be extended to cover the new car loan

QUANTUM OF LOAN

Min 1 Lac, No max. facility- 85/90% of On-Road Price, subject to max ex-showroom price.Salaried : The maximum 48 times the net monthly income of salaried persons.

Self-employed, Professionals, BusinessUp to 4 times the Net Profit or Gross Taxable Income per annum as per ITR, after adding back depreciationAgriculturistsUp to 3 times the NAI

Min : Rs 2 lacs, Max : No Limit

100% of FD for ‘On-Road- Price’ of vehicle

i) 100% on-road financeor ii) eligbility as per EMI/NMI or iii) 75% of present market value of the house property less present outstanding in the Home Loan account and Home Equity, if any (which ever is lower). Extension of equitable mortgage is not required upto Rs 10Lacs (Lien Letter is required)

MARGIN 15% on road price.The concessionary margin of 10% will continue in case of customers under salary package/ tie-up.

Nil Nil

EMI/NMI Upto Rs.5 Lakhs – 50%>5 Lakhs to Rs.10 L - 60%> Rs.10 Lakhs - 65%

Not applicable. Upto Rs.5 Lakhs – 50%>5 Lakhs to Rs.10 L - 60%> Rs.10 Lakhs - 65%

8

SCHEME SBI AUTO LOAN SCHEME

SBI ASSURED CAR LOAN SCHEME

SBI LOYALTY CAR LOAN SCHEME

RATE OF INTEREST

NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019 SCHEME MODIFICATIONS 18062019 Through YONO 27082019

PERIOD/REPAYMENT

Maximum 7 years 3-7 Years as per the originalschemes

OTHER GUIDELINES SWITCH OVER

OPTION TO THE CURRENT EBLR RATE OF INTEREST 14102019

CERSAI Filing of Security Interest relating to Auto Loans -30102019

During continuation of car loan, partial withdrawal of TDR will not be allowed.

Forfeiture of the Deposit may be permitted for liquidation of the entire loan, at the request of the borrower

Processing Fee for all Auto Loan Variants:NBG/PBU/AL-AUTOLOAN/18/2017 - 18Date: Thu 1 Mar 2018Upto Rs 6.00 Lacs Rs 1000/ + GST Above Rs 6.00 Lacs Rs 1500/ + GST

REFERENCE NBG/PBU/AL-AUTOLOAN/35/2018 - 19Date: Thu 22 Nov 2018NBG/PBU/AL-AUTOLOAN/52/2015 - 16dated 29.01.2016 – SOPNBG/PBU/AL-AUTOLOAN/13/2016 – 17dt. 01.10.2016 Process Fee Waiver 060819CRM Tracking 060819

NBG/PBU/AL-CARLOANS/27/2016 - 17dt. 17.03.2017

NBG/PBU/AL-CARLOANS/11/2016 - 17dt. 29.09.2016

NBG/PBU/AL-AUTOLOAN/35/2018 - 19Date: Thu 22 Nov 2018

NBG/PBU/AL-CARLOANS/20/2014 -15 dt. 08.11.2014

NBG/PBU/AL-AUTOLOAN/17/2015 - 16dt. 11.06.2015

NBG/PBU/AL-AUTOLOAN/35/2018 - 19Date: Thu 22 Nov 2018

OTHER CIRCULARS

NBG/PBU/HL-HOME LOANS/31/2010 – 11-09.11.10 - CIR Rejections & Cir dt 181217NBG/PBU/AL-AUTOLOAN/45/2015 – 16 dt 17.12.2015 – Super Luxury CarNBG/PBU/AL-CARLOANS/6/2017 – 18 dt. 21.06.17 – Waiver of Pre-Insp. DSP a/csNBG/PBU/AL-CARLOANS/11/2017 -18-04th October 2017-100% fin for CSPNBG/PBU/AL-AUTOLOAN/9/2017 – 18 dt 29.09.17 – TAN VerificationTools to prevent frauds – 210518 ITR within a month – 23072018 Auto Loan Missing Docs -040818 Discontinuation of SME CAR LOAN - 040719 Auto Loans Fixed Rate of Interest Cir dt.210818 Product Codes 270818 Prepayment penalty waived 030918 Auto Loan reimbursement discountinued for OD and Takeover 210818Registration of auto loan Security Interest in CERSAI site – 210918 LOS capturing Auto Dealer Code – 221118AUTO LOAN THOROUGH YONO SPRINT 2 – 071218AUTO LOANS CERSAI REGISTRATION 18022019 & BULK UPLOAD 28022019 AUTO LOANS FRAUD PREVENTION MEASURES 11042019Payment of Service Charges to Car Dealers, DSEs and ALCs – 08052019AUTO LOAN - GOODS AND SERVICE TAX (GST) - Date: Mon 13 May 2019 MAXIMUM THREE CAR LOANS – 24052019 SEIZURE & AUCTION OF VEHICLE Revised SOP - 240519 SCHEME MODIFICATIONS 18062019 CIC (CIBIL) Score of -1 27062019 CIC – 1 Score 24092019SCHEME MODIFICATIONS 15072019 CHECK LIST OF DOCUMENTS 15072019 CONCESSION OF 25 BPS ON INTEREST RATE ON YONO 270819NO DEALER PAYOUT FROM NON-HUB BRANCHES 280819

9

SBI AUTO LOAN – VARIANTS (4 )SCHEME SBI CERTIFIED PRE-OWNED CAR LOAN

PURPOSE for purchase of Certified Pre-Owned cars. The major car manufacturers that have established such certified Pre-owned car outlets through their dealer network only.

FACILITY Term Loan

ELIGIBILITY Age of the Car not more than eight years old.Salaried : NAI- Rs. 2,50,000 & AboveSelf Employed and Professionals & Others : NAI- Rs. 3,00,000 & AbovePersons engaged in Agriculture & allied activities : NAI- Rs. 4,00,000 & Above

SECURITY Hypothecation of vehicle

QUANTUM OF LOAN

Minimum : Rs.3 lacs. Maximum : Rs.10 lacs. (For loans above Rs.5 lacs, scoringfrom 2 CICs will be required like in car loan schemes)The maximum loan amount that can be granted would be restricted to 30 times thenet monthly income of salaried personsIn case of others, maximum loan amountwould be 2.5 times the net annual income

MARGIN 20%. Invoice price like Maruti’s True Value, Hyundai’s H-Promise, Honda’s Auto Terrace, Tata’s Assured, Mahindra’s First Choice and other OEM’s cars IDV.

EMI/NMI Upto Rs.5 Lakhs – 50%>5 Lakhs to Rs.10 L - 60%> Rs.10 Lakhs - 65%

R.O.I. NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

PERIOD/REPAYMENT

8 years minus the age of the vehicle at the time of applying for loansubject to a maximum tenure of 5 years

OTHER GUIDELINES

Reimbursement of cost of vehicles is not permitted.Invoice price like Maruti’s True Value, Hyundai’s H-Promise, Honda’s Auto Terrace, Tata’s Assured, Mahindra’s First Choice and other OEM’s cars IDV.6 cheques to be obtained & to be used for repayment till the NACH mandate starts functioning.

REFERENCE NBG/PBU/AL-AUTOLOAN/35/2018 – 19 Date: Thu 22 Nov 2018NBG/PBU/AL-CARLOANS/41/2015 – 16 dt. 19.11.2015Processing Fee Concessions Cir dt. 18082018Scheme Modifications – NBG/PBU/ALAUTOLOAN/ 34/2018 19 Date: 22112018

10

SBI AUTO LOAN – VARIANTS (5) - SBI CAR LOAN LITEThe following are the major features of “SBI Car Loan Lite” scheme: The scheme is applicable to Businessmen, Professionals & Self Employed and Agriculturists ‘under Tatkal Tractor Scheme’ who are engaged in economic activity which gives them income but have no proof of income. Aadhar card of the borrower should be obtained. Age in respect of all applicants will be between 21 to 65 years (a) Maximum loan amount: Rs 4.00 lacs. (b) Margin of 25% on on-road price. Margin amount is to be brought in by the applicant. No certificate from the dealer regarding receipt of margin money is to be accepted. (c) New Risk Scoring Model will be applicable. (d) No loan will be given for CIBIL score below 650. (e) Pre-sanction Survey of Residence and Work place will be conducted by Bank Official. The services of verification agencies will not be utilized for the purpose. (f) CirMac may decide to suspend sanctioning powers of car loans under this scheme in branches with higher NPA in car loans (say 1.50%). NBG/PBU/AL-CARLOANS/13/2017 - 18 dt 26.10.2017Interest : NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019Master cir : NBG/PBU/AL-AUTOLOAN/35/2018 – 19 Date: Thu 22 Nov 2018

SBI SUPER BIKE LOAN (6) (Cir dated 04082018) (MS dt 22112018)Scoring Model Cir dated 22102018

1 Purpose: (FOR NEW VEHICLES ONLY) Term Loan2 Eligibility: (i) Regular employees of State/Central Govt., Public Sector Undertakings, corporations,private sector companies, and reputed establishments. Defense Personnel: Commissioned Officer with minimum 6 Months length of Service is eligible. (ii)Professionals, Self-employed, Businessmen, proprietary/partnership firms and others who are income tax assesse.(iii) Persons engaged in agriculture and allied activities can also avail this scheme.3 Age: 21-65 years. (For sanction of loan) 4 Minimum Income: i) Salaried: Net Annual Income of applicant and/or coapplicant if any, together should be Rs. 2,50,000/- p.a. and above. Income from other sources subject to submission of proof, like bank interest/dividends of listed Companies, rent, agriculture income can be added.ii) Self-employed, Professionals, Proprietary/Partnership firms and Businessmen:Net Profit or Gross Taxable income of Rs.4,00,000/- p.a. as per ITRs after adding back can be clubbed together for Selfemployed, Professionals and Businessmen) as per ITR after adding back depreciation and deducting repayment of all existing loans. Business Income from other sources like bank interest/ dividends of listed Companies, rent, agriculture income can be added subject to submission of proof.iii) Agriculturists: Net annual income of applicant and/or co-applicant together to be Rs. 4,00,000/-.The Net Annual Income will be arrived at based on the nature of the activity, land holding, cropping pattern, yield etc. Other than the agricultural income, the borrower should have additional non-agriculture income stream sufficient to take care of monthly installments.5 Authorized Branches & Mapping of Branches: All scale III & above branches, all PBBs, all District Head Quarter branches, Project Area branches and all Branches authorized by the AGM (RBOs) to process, sanction and disburse car loans.6 Minimum Loan Amount: Rs.2,50,000/- 7. Maximum loan amount: within permissible EMI/NMI 8 EMI/NMI Ratio: Upto Rs. 10 Lakhs: 50% Above Rs. 10 Lakhs: 60%9 Margin: 15% of Ex Show Room cost of the vehicle. In case of customers under Corporate SalaryPackage/tie-up margin is reduced by 5% and loan is available up to 90% of the exshowroom price of the vehicle. These concessions will be extended to SBI HNI and Wealth customers as well.10 Repayment: Maximum: 5 years for all categories of borrowers. Defense Personnel: In case of Short Commissioned officer, before retirement or 5 years whichever is earlier. 11 Rate of Interest: NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 201912. Processing Fees: 1.00% , max. Rs.10000/- (18082018) 13 Security: a) Hypothecation of vehicle b) Any other security including TPG for credit enhancement.

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SBI GREEN CAR LOAN (ELECTRIC VEHICLE) SCHEME (7)

1. On the occasion of the “EARTH DAY”, SBI being a Responsible Corporate Citizen and as a sustainability initiative, has announced new scheme for Electric Vehicles “SBI GREEN CAR LOAN (ELCECTRIC VEHICLE) SCHEME”.

2. SBI Green Car Loan is a new variant under our Regular Car Loan Scheme for purchase of Electric Vehicle with following modifications in our existing Car Loan Scheme.

3.Age: 21-67 years. (For sanction of loan)The functionality is under development in LOS, till such time operating functionaries to strictly ensure compliance of the above instructions, manually.

4.Repayment Period : Minimum 3 Years; Maximum 8 Years Rolled out in LOS.

5.Rate of Interest: NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

6. Processing Fees: Waived up to 31.12.2019.

7.Other Terms and conditions of Existing Car Loan Scheme will remain same as per Master Circular No. PPBU/AL/1/ on car loan scheme dated 22.11.2018.

8.Product Code: 6450 4222 (MC-CAR-LOAN-EV-P-SEG-FXD -RT)

9. Please popularize the scheme “SBI Green Car Loan” in the market and with Car Dealers by arranging customer meet and Car Loan workshops. Also place the banners, hoardings, standees at the prominent place as per Banks Policies.

Electric Car variants presently available in the market are as under: OEM CAR VARIANTTATA TIGORM&M e-VERITO, e2O PLUS

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PRE-APPROVED CAR LOANS (PACL) (8) (NBG/PBU/AL-AUTOLOAN/20/2019 - 20 Date: Wed 30 Oct 2019)

Our bank has a huge base of Low-risk Salaried Customers like employees of government, semi-government, profit making PSUs, educational institutions of national repute as well as employees of Pvt. sector companies, to leverage the available data of these customers proactively and approach them for mobilizing the business. Bank has come out with new variant Pre-Approved Car Loans (PACL) for all these customers to extend car loan for purchase of new car as per SBI Car Loan Scheme.

2. Based on the following selection criteria, the eligible account holders are shortlisted at corporate centre to approach them and mobilize car loan business Parameters Details Banks existing salaried customers will be pre-selected for this product offering based on following eligibility criteria: Account should be opened with Salary Package.

Eligibility: Account with single credit of minimum of Rs. 25000/per month for last 12 months excluding cash deposit and system credit Age of the customer should be above 21 Years. Account should be KYC compliant. Account should be in single name. CIBIL cut-off score of 750. Resident status of the customer should be Resident Indian Nature of facility Term Loan .

Validity of offerThe offer to the pre-selected customers will be valid for 90 days. The list will be dynamic, and a new list will be prepared on quarterly basis based on the eligibility criteria as stated above.The new list will be updated at the back end every quarter to add new accounts which become eligible as per the above criteria and similarly to remove all such accounts which become ineligible.

3. Analytics department has scrubbed the available data and the Circle wise list of eligible customers is being made available on analytics department dashboard (SBI Times > MY Work Place> Department I> What’s New). All these customers will be intimated about their eligibility through SMS, e-mail and through the banner, which will be displayed on YONO post login screen.

4. The detailed process to be followed by the concerned operating units for Preapproved Car Loans has been described in Annexure-1. As these leads are generated by bank, there will be no pay out to the dealers.

5. All the interested customers, when approached, will be identified based on the ID proof (any one of OVD) and the address will be verified from acceptable documents. The lead available in CRM will then be pushed to LOS at Quick Data Entry (QDE) stageby selecting CRM Reference Number so that the prefilled information viz. income, EMI/NMI, LTV etc. will be auto populated in LOS screen which needs to be verified with the documents submitted by the customer. Thereafter, the remaining fields are also to be completed in LOS based on the documents provided by the customer.

6. Since all these customers are our existing salaried customers, branches should contact these customers for the conversion of leads to business. Circle to allocate targets for hub & non-hub branches separately for this product. PBBU dept. at the circle should run campaigns to promote and popularize this new offer and monitor progress.

7. Please advise all the operating units under your control to be guided accordingly.PRODUCT CODE: 6450-4224

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NRI CAR LOAN (9)FOR NEW VEHICLES ONLY

Master cir : NBG/PBU/AL-AUTOLOAN/35/2018 – 19 Date: Thu 22 Nov 2018 NRI Car Loan Scheme for New Vehicle‘ is similar to ‗Car Loan Scheme‘ in terms of purpose , margin, rate of interest, processing fee, repayment etc . The stipulations with regard to Age limit, Income Criteria, Guarantor, Authorised Branches, service of notices, etc are as detailed hereunder. The formats and documentation of the Car Loan Scheme are also applicable in this Scheme. Hence, only the specific features relevant for the Scheme along with the revised formats, if any, are furnished hereunder. The operating functionaries are advised to read the Scheme in conjunction with the features of Car Loan Scheme. Under the NRI – Car Loan Scheme the NRI will be the Borrower and the NRI s close relative will be‟ the Guarantor. 1.Eligibility: For Borrower & Guarantor Age: 21- 65 years (for both). Loan to be repaid before the borrower attains the age of 65 yrs. For Borrower: Our Bank Customers: NRI fulfilling following conditions: ▪ Having valid Indian passport ▪ Steady Source of Income ▪ Employed abroad for at least 2 yrs ▪ Holding a valid job contract/work permit ▪ Having NRI account with SBI for at least 12 months with min. average balance of Rs. 50,000/- or New Account with USD 5000/- or equivalent. 2. Other Bank Customers: NRI fulfilling following conditions: Having valid Indian passport. Steady Source of Income. Employed abroad for at least 2 years; Holding a valid job contract/work permit. Having NRI account with other Banks for last 24 months with a minimum balance/fixed deposits of Rs.50,000/-. The borrower will open NRI account with SBI for repayment of EMIs

Guarantor: Resident Indian who is the guarantor to the loan should be a close relative (as defined in Section 6 of the Companies Act 1956) of the NRI borrower. 3.The scope of the term relative‘ will be as under: 1. Husband/ Wife 2. Father 3. Mother (including step-mother) 4. Son (including step-son) 5. Son‘s wife 6. Daughter (including stepdaughter) 7. Father‘s father 8. Father‘s mother 9. Mother‘s mother 10. Mother‘s father 11. Son‘s son 12. Son‘s son‘s wife 13. Son‘s daughter 14. Son‘s daughter‘s husband 15. Daughter‘s husband 16. Daughter‘s son 17. Daughter‘s son‘s wife 18. Daughter‘s daughter 19. Daughter‘s daughter‘s husband 20. Brother (including stepbrother) 21. Brother‘s wife 22. Sister (including step sister) 23. Sister‘s husband. 4.Minimum Income:- For Borrower: Minimum NMI US $ 1000.00 or equivalent in other currencies Or, ` Minimum NAI US $ 12000.00 or equivalent in other currencies (Circular No.‖ PBBU/AL/1/162 dated February 17, 2007) For Guarantor: No stipulation 5.Authorised Branches : The product will be launched in NRI intensive Branches as per list enclosed as Annexure C of Auto Loan Master Circular dt 22112018. ―Beside these branches available in Annexure-E, the General Manager of the respective networks at all Circles will have the power to add more branches for sanctioning car loans under the scheme after evaluating business potential‖ (Circular No.- PB/AL/08 dated November 10,2006.)

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6.Loan Amount Loan amount would be given on the basis of Borrower‘s income. Maximum Loan Amount: - 18 times of NMI (of Borrower)/ 1.5 times of NAI (of Borrower)For new vehicles, there is no ceiling in loan amount (Circular No. NBG/PBU/AL-Car Loan/6/2006-07 dated 18.10.2006) 7.Repayment : Recovery should be such that the loan gets repaid within 7 years. The customer will have option for payment in shorter duration. 6.2 Loan account should be closed before the borrower attains 65 years of age. 6.3 The repayment of the loan will be made by remittance from outside India or by debit to NRE/FCNR/NRO account. 8. Interest Rate : NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019 9. Security : a) Hypothecation of vehicle and noting of hypothecation charge in the books of R.T.O. b) Obtaining of Collateral Security is waived. Dilution for collateral should be justified by a careful due diligence process. 10. General : The following papers are to be submitted along with the application for car loan (Annexure- Car I) For Guarantor: ▪ 2 passport size photographs of guarantor. ▪ Signature identification from bankers of guarantor. ▪ A copy of passport /voters ID card/PAN card. ▪ Proof of residence.

For NRI Borrower: ▪ Completed loan application. ▪ Declaration from (relation with guarantor) ▪ 3 passport size photos including those in application. ▪ Passport copy with page containing visa stamping ▪ Copy of valid work permit ▪ Employment contract copy (an English translation duly attested by employer/ consulate/ embassy/our foreign office if it is in any other language) ▪ Latest salary certificate in original or proof of income in case of self employed/professionals e.g. IT Return ( of the residing country of NRI)/ Tax Residency Certificate ▪ Statement of overseas bank account for the last six months which reflect credit of salary, savings etc. ▪ Copy of identity card issued by the employer ▪ Proof of residence (driving license/ utility bills etc.) ▪ Copy of Continuous Discharge Certificate in respect of applicants employed in merchant navy. ▪ Power of Attorney, if applicable, in Bank‘s standard format duly stamped and notarized/ attested by Indian Embassy/Consulate. ▪ Tri-merge/any other credit reports as applicable should be submitted by the NRI. Score of less than 620 for Tri-merge are not eligible. If the country of residence does not have a credit score system for individuals, the bank will rely on the income level and the statement of assets & liabilities furnished by the NRI. KYC should be done on both borrower and guarantor. Income & Job profile should be viewed during appraisals and operating staff may be 82uthorized on the same appropriately. 11. Risk Scoring Model The Risk Scoring Model available for New Car Loan will also be applicable for NRI Car Loan. However, all the parameters of RSM should be calculated on Borrower (NRI/PIO/OCI).

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SBI XPRESS CREDIT– VARIANTS (1, 2, 3)SCHEME SBI XPRESS CREDIT XPRESS CREDIT –

NON PERMANENT EMPLOYEES

XPRESS CREDIT – TEACHING & NON-TEACHING

PURPOSE for any legitimate personal purpose

for any legitimate personal purpose

for any legitimate personal purpose

FACILITY Term Loan or OD reducing DP

Demand Loan Term Loan or OD reducing DP

ELIGIBILITY Permanent employees with a minimum of 1 year’s length of serviceThe minimum Net Monthly Income (NMI) of the employee should be Rs.15000/-.

(a) CATEGORYI: Full CHECK OFFi) Salary a/c ii) S.I. iii)Letter of undertaking from employer to inform the transfer/resignation/ retirement of employeeiv) Undertaking from the employer to obtain a NOC from the Bank before settling the dues of the borrower on transfer, resignation, retirement etc(b) CATEGORY II: NO Check Off – only i & ii above

Minimum Net Monthly Income : Rs.10,000/-

• The salary account should have been with our Bank for the last one year.

• Should be working continuously in the Organisation/Institutionfor the last 3 years. Salary is credited in the account by the employer i.e., no cashpayment of salary.

• For contractual employee, the minimum remaining period of contact should be 12 months from the month of Repayment Start Date

Min. NMI is Rs.5,000/-.

Eligibility criterial for Private Schools and Colleges :

1. Private Schools and Colleges should be at least 15 years old and should be affiliated to CBSE/ ICSE/ UGC/AICTE etc.

2. These Schools & Colleges must have 5 years of banking relationship with us.

3. The number of employees (teaching and non-teaching) of such Institutes should not be less than 50.

SECURITY NIL Third Party Guarantee worth the amount of loan

NIL

QUANTUM OF LOAN

(i) Term Loan Minimum: Rs.25, 000/- Maximum: 24 times NMI subject to maximum of Rs. 20.00 lacs.

(ii) Overdraft Minimum: RS.5.00 lacs Maximum: 24 times NMI subject to maximum of Rs 20.00 lacs.

12 times the average of last 6 months’ salary credit in the account butnot more than last month’s salary credit in the account subject to EMI/NMI not exceeding 40%.Minimum : Rs.50,000/-Maximum :(a) For NMI Income below Rs.50,000/- : Rs.2.00 lacs(b) For NMI Income of Rs.50,000/- and above : Rs.5.00 lacs.

Minimum: Rs.25, 000/-OD Minimum – 5 lacsMax : (a) For Teachers & Staff of Government Schools who are employees of the StateGovernment: 24 times NMI(b) For Teachers & Staff ofGovt. Aided /Semi-GovernmentSchools:12 months Gross Salary [Max ceiling of Rs 15 lacs]

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SCHEME SBI XPRESS CREDIT XPRESS CREDIT – NON PERMANENT EMPLOYEES

XPRESS CREDIT – TEACHING & NON-TEACHING

MARGIN NIL NIL NIL

EMI/NMI 50.00% 40.00% 50.00%

RATE OF INTEREST

NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

PERIOD/REPAYMENT

Maximum 72 months or residual service period whichever is lessprepayment charges of 3% on prepaid amountCIC - Govt Salary Package (DSP, ICGSP, PMSP, RSP, PSP, SGSP, CGSP etc.):CIC Score of 600 and aboveCorporate Salary Package (CSP): CIC score of 650 and above

Non-Permanent Employees other than Employees on Contract basis : 36 months.For Contractual employees: 36 months or the remaining period of expiry of Contact, whichever is lower. However, Contractual employee should have min. 12 months service left for expiry of the contract

Maximum 60 months or residual service period whichever is less.prepayment charges of 3% on prepaid amount.

Loans to employees ofPrivate/School college to be opened under Xpress Credit-RMP product only. Maximum loan amount to 24 times NMI.

OTHER GUIDELINES

Renewal of loans will be allowed after 24 months. Review of loan will be done yearly. Provision for 2nd Loan:Second Loan can be sanctioned after 1 year of disbursement of the 1st loan provided the 1st loan has been satisfactorily conducted and is regular at the time of sanction of 2nd Loan

A suitable Undertaking on the lines of Xpress Credit Loan scheme willbe given by the Employee (borrower) and Employer along with theloan application form.

prepayment charges of 3% on prepaid amount.

Permitted to Captive Branches cir dt 280617

For Pvt. Schools & Colleges:4.The number of employees (teaching and non-teaching) of such Institutes should not be less than 50. should not be government aided.

5. There should not be any default in contribution towards EPFO pertaining to the employees of these Private Schools and Colleges.

REFERENCE NBG/PBU/PL-XPRESS/35/2016 – 17 02.07.2016 -M.S.Modifications - 21072018Modifications – 02.01.2017Scoring Model -42/2016 – 17 – 11.08.2016Modification in Check-Off Documents – 090519CIBIL/CIC REPORT -090519Document Checklist -130619Checklist Modi - 251019Modifications- 140619Modidications – 180619

Updated Cir up to 190619

NBG/PBU/PL-XPRESS/35/2016 - 17dt 02.07.2016 – M.S.

NBG/PBU/PL-GENERAL/83/2016 - 17dt 01.02.2017

Scoring Model -NBG/PBU/PL-PERLOANS/42/2016 - 17dt 11.08.2016Captive Brs - NBG/PBU/PL -XPRESS/11/2017 - 18Date : 28.06.2017Modifications- 140619

NBG/PBU/PL-XPRESS/35/2016 - 17dt. 02.07.2016 – M.S.NBG/PBU/PL-XPRESS/49/2016 - 17Thursday,September 22,2016.Scoring Model -NBG/PBU/PL-PERLOANS/42/2016 - 17Thursday,August 11,2016Modifications- 140619Modidications – 180619

Updated Cir up to 190619

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SBI XPRESS CREDIT– VARIANTS (4, 5)

SCHEME SBI XPRESS CREDIT – IT EMPLOYEES

XPRESS CREDIT – ELITE

PURPOSE for any legitimate personal purpose for any legitimate personal purpose

FACILITY Overdraft (Reducing DP) Overdraft (Reducing DP)

ELIGIBILITY All Employers in IT/ ITeS industry who are member of NASSCOM.Employees with a minimum of 6 months length of service & should have salary accounts with SBI.The minimum Net Monthly Income (NMI) of the employee should beRs.25000.

(a) Applicant has CIBIL Score ≥ 800or (b) Applicant offers third party guarantee from a person working in the same company or spouse.However, applicants with CIBIL score less than 800 and unable to offer third party guarantee, will be permitted the maximum repayment period of 12 months only. Cir dt 29092017

All employees working in Central/ State Governments establishments, Quasi Government Bodies, PSUs, Defence, with Gross Monthly Salary above Rs. 1,00,000/-.

(There is no compulsory requirement of him/ her maintaining salaryaccount with the Bank)

Minimum CIC Score (TUCIBIL)of 600 for Govt salary package category and 650 for Corporate salary package

SECURITY NIL NIL

QUANTUM OF LOAN

18 Months Net Monthly Income of the employee.Minimum Loan Amount : Rs. 50,000/-Maximum Loan amount: Rs.10.00 lacs,

24 Months Net Monthly Income of the employee.Minimum Loan Amount : Rs. 3,00,000Maximum Loan amount: Rs. 20,00,000

MARGIN NIL NIL

EMI/NMI 50.00% 60.00%

RATE OF INTEREST

NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

PERIOD/REPAYMENT

Maximum 36 months Maximum 72 months or residual service period whichever is less

OTHER GUIDELINES

No provision for 2nd loan. Fresh loans can be taken after liquidating the first loan.

Top up loan can be sanctioned after 1 year of disbursement of the 1st Loan

REFERENCE NBG/PBU/PL-XPRESS/44/2016 - 17Monday,August 22,2016Scoring Model -NBG/PBU/PL-PERLOANS/42/2016 – 17 Thursday,August 11,2016Modifications 21.07.18PRODUT CODES 11102018Modifications- 140619

NBG/PBU/PL-PERLOANS/54/2016 - 17Thursday,October 20,2016.Scoring Model -NBG/PBU/PL-PERLOANS/42/2016 - 17Thursday,August 11,2016Modifications 21.07.18Modifications- 140619

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SBI XPRESS CREDIT VARIANTS - YONO – PAPL (6)(NBG/PBU/PL-PERLOANS/39/2017 – 18 Date: Mon 6 Nov 2017)

NBG/PBU/PL-PERLOANS/23/2018 – 19 Date: Thu 19 Jul 2018(NBG/PBU/PL-PERLOANS/48/2018 – 19 Date: Thu 13 Dec 2018)

XPRESS CREDIT LOAN (DIGITISED PROCESS) - SOP – 21022019

1 Purpose Any personal purpose other than speculative purposes.2 Eligibility Bank’s existing customers will be pre-selected for this product offering based on following eligibility criteria: Account should be opened with a Salary Package (SP) product code. (For e.g. CGSP, CSP, DSP, ICGSP, PMSP, PSP, RSP, SGSP etc.) Account should be in single name (Joint Accounts not eligible). Residential Status of the Customer should be “Resident Indian.” Account should be KYC compliant. Aadhar is Mandatory. Age of the customer should be between18-56 years. There should not be any existing Xpress Credit loan (including Insta Credit/Top up loans) account under the CIF None of the existing loan accounts under the CIF should have SMA 2 and above. None of the existing loan accounts under the CIF had been NPA in last 12 months. None of the existing loan accounts of the customer any Bank/Financial Institutions should have been NPA (i.e DPD>90 days) in last 12 months. There must be at least one credit every month for last 12 months. Median of the ‘Maximum credit in the salary account in each month for last 12 months.’ ≥ Rs 5000.CIBIL score criteria is as under: CGSP, DSP, PMSP, ICGSP, PSP, RSP, SGSP, CSP customer with Select Employer Code* - No CIBIL cut off score, Others 700.

3 Nature of Facility/Product code : Term Loan/ 64504219 - MC-TL-PRE APPRVD XPRES CR4 Availability of the Facility : PAPL is available only through “YONO” App/ “yonosbi.com” Portal.The loan account will be parked in the Home Branch (which maintains the Salary Account considered for PAPL eligibility)5 Loan Amount : Minimum Limit: ₹ 25000/-, Max: 24 times NMI subject to maximum of ₹5,00,000/-Subject to EMI/NMI ≤50%NMI = Median of the ‘Maximum credit in the salary account in each month for last 12 months.’6 Loan Tenure Maximum: 72 months or {58 years- Age of customer (years and months) as on Quarter end date of data extraction i.e. 31st March, 30th June , 30th September, 31st December} in months, whichever is lower Subject to EMI/NMI ≤ 50%7 Rate of Interest : NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 20198 Security Nil (Unsecured Loan)9 Processing Fee : Rs 2000 + Applicable Tax10 Moratorium Not Applicable11 Repayment The Loan will be repayable by way of EMIs. 12 Penal Interest If the irregularity in loan account exceeds EMI, a penal interest at 2% p.m. (over and above the applicable rate of interest) will be charged on the overdue amount for the period of default.If part instalment EMI remains overdue, no penal interest will be charged.13 Pre-payment Penalty : No pre-payment or part-payment penalty applicable.14 Number of PAPLs availed : Only one PAXC can be availed at any point of time. Multiple PAXCs are not permitted even if a customer has availed lower loan amount than their eligibility/loan offered.

15 Validity of Offer : The offer to the pre-selected customers will be valid till the end of Calendar Quarter in which they are offered the loan. The list of Accounts pre-selected for this offer will be dynamic and a new list will be prepared on quarterly basis based on the eligibility criteria as stated above. The new list will be updated at the back end every Calendar quarter so that all ineligible account holders, who may be previously eligible, are removed from the list.16 Documentation : The acceptance of Terms & Conditions of loan, as listed on the App/ Portal screen will be obtained digitally, by ticking the check box by the customer. No physical documents will be exchanged between the Customer & the Bank.

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XPRESS CREDIT SCHEME - SBI INSTA CREDIT: TOP UP LOAN ON INB PLATFORM (7)(NBG/PBU/PL-XPRESS/46/2017 – 18 Date: Tue 26 Dec 2017)

(NBG/PBU/PL-PERLOANS/48/2018 – 19 Date: Thu 13 Dec 2018) – Now available on YONO)

a. Purpose : Any personal purpose other than speculative purposeb. Eligibility : Existing Xpress Credit Loan Borrowers who fulfill the following conditions will be offered “SBI Insta Credit Top Up Loan”Minimum existing Xpress Credit Loan Limit of Rs 1 lacMinimum residual maturity of Xpress Credit Loan 1 yearSatisfactory repayment record of at least 1 year The customer should not have an existing Top up LoanNo instance of the Xpress Credit Loan slipping to RG3 and beyond in last 1 yearRepayment of Loan will be only through SI.

c. Validity of Offer : The offer will be made to preselected customers on our INB Platform which will be valid for a period of 3 months from the date of activation of the offer. A fresh list of eligible customers will be extracted at the end of each quarter and a suitable message conveying new offers will be shown on the INB Platform. The offer message will not be shown to the ineligible customers

d. Loan Amount : 20% of Xpress Credit Limit (Existing Loan Limit) Minimum: Rs 20,000 Maximum: Rs 3,00,000

e. Nature of Facility : Overdraft (with Reducing DP)

f. Loan tenure : Residual Maturity Loan Tenure 12 mts – 35 mts 1 year (12 mts) 36 mts – 48 mts 3 years (36 mts)

g. Number of Loans : At any point of time, only 1 “Insta Credit Topup Loan” will be allowed to exist under the proposed scheme. Second Loan may be considered only after a gap of one year from the date of opening of the previous “Insta Credit Topup Loan” subject to the condition that the 1st Top up Loan has been closed.

h. Repayment Period : The overdraft will be repayable by way of EMIs commencing after one month from the month of disbursement. The overdraft facility will be permitted to operate on a reducing drawing power arrangement on EMI basis. The drawing power in the Overdraft will be reduced to the extent of the principal component of the EMIs so that the outstanding in the account is liquidated at the end of the stipulated tenure. The maximum repayment period will be 3 years Repayments will be effected by automatic setting up of Standing Instructions.

i. Prepayment : As per Xpress Credit Scheme

j. Security : Nil

k. Interest Rate : NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

l. Processing Fee : A flat processing fee of Rs 500 plus applicable service tax will be levied under the product. Processing fee will be deducted from the loan amount before disbursement.

J. Classification : The new scheme will be classified as a part of Xpress Credit Scheme.

K. Product Code : 65514217 MCINSTA CR TOPUP LOAN(OD)

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“XPRESS POWER” (8)(Cir. No. NBG/PBU/PL-PERLOANS/60/2017 – 18 Date: Tue 30 Jan 2018)

NBG/PBU/PL-PERLOANS/19/2018 – 19 Date: Mon 9 Jul 2018 NBG/PBU/PL-PERLOANS/21/2018 – 19 Date: Fri 13 Jul 2018 - Documentation

1 Eligible Employer : i. Central and State Government ii. Quasi Government iii. Central PSUs iv. Profit making State PSUs v. Educational Institutions of National Repute (Institutions covered under SBI Scholar Loan Scheme) vi. Select Rated Corporates((ECR of BBB- & above)

2 Eligible Employee : Permanent employee with one year confirmed service. The loan under the scheme shall be given to the applicants maintaining salary accounts with all other banks except Co-operative Banks

3. Gross Monthly Income : Minimum Rs 50000/-

4. Loan Amount : 24 times NMI; Min: Overdraft: Rs 5 lacs; Term Loan: Rs 25,000; Max: Rs 15 lacs(a) [Max ceiling of Rs 15 lacs subject to applicable EMI/ NMI ≤ 50% for all categories](b) SOP for arriving at loan Eligibility where applicant fails to submit last six months’ salary slips is asunder: Eligible NMI for the purpose of loan Eligibility will be as under:In Scenario 1: Rs.51300/- (i.e. average of last 6 months’ salary as declared)In Scenario 2: Rs.50,000/- (i.e. the last month salary as it is less than the average of 6 months’ salary)

5. Repayment Period : Maximum 60 months or residual service period whichever is less

6 Repayment Mode : The loan EMI will be recovered either through i. DDO will ensure to deduct EMI from applicants’ salary and deposit with loan account at SBI branch in case of accounts covered with check off. ii. Where there is no check off: Irrevocable NACH mandate synchronized with salary payment date of the applicant. In case the repayment through NACH is not forthcoming, the provisions of Section 138 of the Negotiable Instruments Act, 1881 (Bouncing of cheque) as well as Section 25 of Payment and Settlement Systems Act, 2007 shall apply.

7 Loan Type : Term Loan/Overdraft

8 Processing Fee : 1.00 % + Applicable Tax of the loan amount.

9 CIBIL Score : Minimum CIBIL score of 700 with satisfactory CIBIL Report with no default

10. Rate of Interest : NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

11. Pre-payment/Part payment penalty : 3% (as per Xpress Credit Scheme), to be waived in case account is prepaid by availing new loan under the scheme.

12. Risk Scoring Model : The Risk Scoring Model as applicable for Unsecured Personal Loan Scoring Model will be applicable.

13. Authorized Branches : The scheme is being rolled out in 50 branches Pan India as per the detailed in the Scheme Circular Annexure II.

14. Sanctioning Authority : The Sanctioning Authority will be the same as applicable for Xpress Credit Loan Scheme.

21

XPRESS CREDIT – RISK MITIGATED PRODUCT (RMP) (9)( NBG/PBU/PL-PERLOANS/14/2018 – 19 Date: Fri 8 Jun 2018 )

Certain categories of employees eg. School teachers, police personnel, state government employees etc. get salaries sporadically either because of financial stringencies of the concerned State Governments (employer) or transfers / unauthorized absence of such categories of personnel which results into deterioration of Asset Quality of Xpress Credit loan accounts. If delay in salary payment is for more than 3 months, the account slips to NPA. Once stamped as NPA, it becomes difficult to upgrade these accounts unless the entire over dues are recovered.

2. In order to mitigate this risk, we are introducing RISK MITIGATED PRODUCT (RMP) XPRESS CREDIT as a variant of the existing Xpress Credit loan product. This product is exclusively for identified high risk categories of employees where there is a clear and discernible past trend of delays in salary payments. Under the captioned scheme, Debt Reserve Current Account (DRC) equivalent to 3 EMIs will be created and this fund will be utilized every time the loan account becomes RG3. Interest is charged on the daily net balance i.e. loan outstanding – DRC balance.

3. The process flow, in brief, is as under:a) Loan Processing- Xpress Credit loans to these borrowers to be opened under a separate product code.- System will automatically open a Current Account (Reserve Fund).- The Current Account (Reserve Fund) shall be manually linked to the Term Loan Account.- Post disbursement, Amount equal to 3 EMIs should be manually transferred from salary account to the Linked Current Account.b) Loan Maintenance- If the loan becomes RG3 (Old IRAC), then system will transfer the due amount (i.e. 3 EMIs) from DRC account to RMP Xpress Credit loan account.- Whenever Salary account has sufficient balance, system will automatically debit the salary account and replenish the DRC account(based on the Sweep)– This will happen on every time when the old IRAC turns RG3 during currency of the loan.

4. Product Code Product Description 64504212

5. The Standard Operating Procedure (SOP) is per Annexure I of cir dt 08062008.

6. Interest Rate : NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

22

“SBI-TATKAL E-PERSONAL LOAN” FOR UNSERVED AND UNDERSERVEDCUSTOMERS (10)

(R&DB/PBU/CD&e-COM-PL/1/2017 – 18 Date: Mon 26 Mar 2018)

1 Product Name SBI “SBI-TATKAL E-PERSONAL LOAN” (MOB APP BASED) (MC-SBI-E-PL- MOB APP BSD)2 Product Code 6451-42073 Nature of Facility Demand Loan4 Purpose Any personal and domestic purpose other than speculative purposes5 Eligibility and Amount of LoanAll SB account holders of SBI with following specifications:a) The a/c is KYC compliant b) Age of the customer: 18 Yrs. to 60 Yrs.c) Account should not be “in-operative” for the past two yearsd) Single (not joint) account holder e) Customer should not have existing active OD under e-Commerce product code/Existing Pre-Approved Personal loan under Project Lotus (with outstanding amt.) / Insta Credit Loan / Existing Pension Loan / Existing X-press Credit Loanf) Both salaried (other than CSP customers) and Non- Salaried customers, fulfilling the above criteria are eligible for the loan.g) AQB of the customer for the last 04 quarters for eligibility and Corresponding Eligible Loan Amount are as given below.Min AQB Max. Loan 20000 To 24999 40000 25000 To 29999 5000030000 To 39999 6000040000 To 49999 80000 50000 & Above 100000 h) Minimum Alternative Trust Score to determine eligibility for loan is given below.1. Customers who are new to Credit: - Required Minimum Alternative Trust score will be: 825 and above2. Customers who are having existing Credit history: - Required Minimum Alternative Trust Score will be > 650 + Bureau cutoff of 5643. Customers who have only bureau data and no alternate data – >700 for Salaried and >750 for non-salaried 6 Repayment - Loan is repayable in 6/9/12 months as per customer’s choice. The Loan will be repayable by way of EMIs. Standing Instruction (SI) for EMI payment will be automatically set upon Savings Bank Account of the customer.7 Availability of the Facility - “SBI-Tatkal e-Personal Loan” will be available to the customers through “SBI Loans App”8 Loan Amount Minimum Limit: 25,000/- Maximum Limit: 1,00,000/-9 Loan Tenure 6/9/12 months Minimum: 6 months Maximum: 12 months10 Number of PL available - Only one PL is available to a customer at any point of time11 Partial Disbursement - No. Partial disbursement is not allowed12 Renewal Frequency - Not Applicable13 Rate of Interest - NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 201914 Security Nil (Unsecured Loan)15 CIS Facility Code - Demand Loan (reducing DP)16 Processing Fee No Processing Fee17 Moratorium No moratorium period is available

23

SBI Quick Personal Loan Scheme through CLP portal (11)(NBG/PBU/PL-PERLOANS/38/2019 – 20 Date: Fri 30 Aug 2019)

(NBG/PBU/PL-PERLOANS/39/2019 – 20 Date: Fri 30 Aug 2019)

1. Purpose : Any personal purpose other than speculative purpose

2. Eligible Employer : Central & State Government, Quasi Government, Central & State PSUs, Corporates (Private & Public Ltd.), Educational Institutions of National Repute (Institutions covered under SBI Scholar Loan Scheme & Whitelisted Institutes under Student Loan Scheme)

3. Eligible Employee : Salaried employee having minimum one year regular serviceRSM Score of > 40 (as applicable under Xpress Credit scheme)

4. Gross Monthly Income : Minimum Rs.20,000/-

5. Loan Facility :Term Loan

6. Loan Amount :Minimum: Rs.24,000/- Maximum: Rs.15,00,000/- subject to 24 times NMI

7. EMI/ NMI <= 50%

8. Age 21 – 58 years

9. Repayment Period : Maximum 60 months or residual service period whichever is less

10. Repayment Mode : Salary A/c with our Bank: SI Salary A/c with other Bank: NACH/ ECS

11. Processing Fee : 1% of the loan amount plus GST as applicable

12. CIBIL Score : Minimum 650 with no default

13. Rate of Interest :NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

14. Security/ TPG : NIL as applicable under Xpress Credit Scheme15. Pre-Payment/Closure Charges : 3% of the prepaid amount, as applicable under Xpress Credit Scheme16. Discretionary Power for Concession in Interest Rate : No Discretionary power to Circle functionaries, except for 25 bps for existing customers who are maintaining salary account with SBI17. Pre-Sanction Survey : As applicable under Xpress Credit scheme18. Sanctioning Authority : Any Scale-III and above branch in Rural & Semi-urban areas & any Scale-II and above branch in Urban & Metro areas. Any branch near to place of posting or, current/ permanent address of the applicant may process and sanction these loans, as per Delegation of Financial Powers19. Checklist of Documents:

1.Application form (To be downloaded from CLP & duly signed by customer) 2.passport size photographs 3. months’ Salary Slips 4. Assets & Liabilities statement 5.Proof of Identity & Current/ Permanent Address, as per Bank’s KYC guidelines

All other terms & conditions as applicable under Xpress Credit scheme.

24

XPRESS LITE (12) (NBG/PBU/PL-XPRESS/48/2019 - 20 Date: Mon 14 Oct 2019)

The Competent Authority has now approved a new product “XPRESS LITE” for our salary package customers drawing Net Monthly Income in the range of Rs.7000 to Rs. 14,999. The features of the new product are as under:

1. Eligibility All salary package customers with regular credit of salary accounts excluding non permanent employees and those having irregular salary credits. (For CSP customers mapping of employer code is mandatory) 2. Net Monthly Income Minimum Rs. 7000 Maximum Rs. 149993. Loan Amount 12 times of the Net Monthly Income. Minimum: Rs.25000 Maximum: Rs. 1,80,000 4. Repayment Period Maximum 36 Months or residual service whichever is less5. Loan Type Term Loan6. Processing fee 1% of the loan amount plus GST with a minimum of Rs 1000 plus GST7. EMI/NMI <= 40 %8. Rate of interest 1% higher than ROI applicable under normal Xpress credit scheme across various brackets. (Details as per Annexure I) 9. 2nd Loan No second loan. Fresh loan can be sanctioned after closing the existing loan.

Product Code MCTL-XPRESSLITE-OCT19 6450 – 4243

All other terms and conditions for the new product “Xpress Lite” will be same as applicable to the Xpress Credit Scheme.

XPRESS LITE SCHEME – RATES OF INTEREST

A. For Defence/ Para-Military/ Indian Coast Guard Salary Package Applicants: CIC Score (TU-CIBIL) 2-year MCLR Spread over 2-year MCLR Effective Interest Rate (With no reset) ≥ 650 8.15% 4.40% 12.55% 600-649 8.15% 4.90% 13.05%

B. For Central Govt. Salary Package/ State Govt. Salary Package/ Police Salary Package/ Railway Salary Package/ Central Public Sector Enterprises (CPSEs) Considered Under ‘RATNA’ Status Applicants and for applicants of identified reputed Corporates. CIC Score (TU-CIBIL) 2-year MCLR Spread over 2-year MCLR Effective Interest Rate (With no reset) ≥ 750 8.15% 4.40% 12.55% 700-749 8.15% 4.90% 13.05% 650-699 8.15% 5.40% 13.55% 600-649 8.15% 5.90% 14.05%

C. For Other Corporate Salary Package (CSP) Applicants: CIC Score (TU-CIBIL) 2-year MCLR Spread over 2-year MCLR Effective Interest Rate (With no reset) ≥ 750 8.15% 5.40% 13.55% 700-749 8.15% 5.90% 14.05% 650-699 8.15% 6.40% 14.55% <650 No Loan

Note: a) In case of the Govt. salary package customers (DSP, ICGSP, PMSP, RSP, PSP, SGSP, CGSP, etc.) with NIL CIC Score, Risk Scoring Model (RSM) score shall substitute the CIC Score in interest rate structure as under: RSM ≥75 66-74 57-65 41-56 CIC Score (TU-CIBIL) ≥ 750 700-749 650-699 600-649b) In case of Corporate salary package customers (CSP) with NIL CIC score, Risk Scoring Model (RSM) score shall substitute the CIC score in interest rate structure as under:RSM ≥75 66-74 57-65 41-56 CIC Score (TU-CIBIL) ≥ 750 700-749 650-699 650-699

25

SBI PENSION LOAN VARIANTS (1,2,3)

SCHEME SBI PENSION LOAN JAI JAWAN PENSION LOAN

PENSION LOAN TO CMPF PENSIONERS

PURPOSE for any legitimate personal purpose

for any legitimate personal purpose

for any legitimate personal purpose

FACILITY Demand Loan Term Loan Demand Loan

ELIGIBILITY Regular Pensioners and Family Pensioners

Pensioners of Armed Forces, including Army, Navy and Air Force,Paramilitary Forces (CRPF, CISF, BSF, ITBP, etc), Coast Guards, Rashtriya Rifles and Assam Rifles whose Pension Payment Order iswith us.

All Coal Mine Provident Fund (CMPF) Pensioners (Except Family and Children Pensioner) whose pension accounts are maintained with the SBI. Maximum Age at the time of Sanction of Loan : 65 Years

SECURITY (a) TPG of Spouse eligible for family Pension.(b) In the absence of spouse, TPG of any other family member or a third party worth the loan amount MASTER CIRCULAR DATED 31082019

(a) TPG of Spouse eligible for family Pension.(b) In the absence of spouse, TPGM of any other family member or a third party worth the loan amount

Third Party Guarantee of a person good for theloan amount who has been maintaining a satisfactorilyconducted account with the Bank; preferablyspouse/son/daughter of the pensioners.

QUANTUM OF LOAN

Minimum Rs.25,000/=Maximum of 18 months’pension with a ceiling of(i) Rs.14.00 lacs forpensioners up to 72 Years.(ii) Rs.12.00 lacs forpensioners 72 upto 74 years(iii) Rs.7.50 lacs forpensioners 74 up to 76 yFamily Pensioners:Minimum : Rs.25,000/=Maximum of 18 months’ pension with a ceiling of(i) Rs.5.00 lacs upto 72 Years (ii) Rs.4.50 lacs for72 up to 74 years (iii) Rs2.50 lacs forabove 74 up to 76 years .

There is no minimum age bar under the scheme. The Maximum age at the time of availment of loan shouldbe 76 yearsMinimum Rs.25,000/=

A. Maximum of 36 months’ pension with a ceiling of Rs.14.00 lacs forpensioners up to 56 Years.B. Maximum of 18 months’ pension with a ceiling of(i) Rs.14.00 lacs for above 56 years and up to of 72 years (ii) Rs.12.00 lacs for above 72 years and up to 74 years (iii) Rs.7.50 lacs above 74 years and up to 76 years.

Minimum Rs.25,000/-Maximum: 18 months’ Net Monthly Pension (NMP) but not exceeding Rs.3.00 lacs.

MARGIN NIL NIL NIL

EMI/NMI Regular Pensioners 50% Family Pensioners 33%

50.00% 50.00%

INTEREST NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 2019

26

SCHEME SBI PENSION LOAN JAI JAWAN PENSION LOAN

PENSION LOAN TO CMPF PENSIONERS

PERIOD/REPAYMENT

Regular & Family Pensioners:Up to 72 years 60 Monthsfull repayment - 77 years>72 upto 74 years – 48 Mfull repayment - 78 years > 74 up to 76 years- 24 Mfull repayment - 78 years

Up to 56 years 84 Monthsfull repayment - 63 years>56 upto 72 years – 60 Mfull repayment - 77 years > 72 up to 74 years- 48 Mfull repayment - 78 years> 74 up to 76 years- 24 Mfull repayment - 78 years

60 EMIs, commencingafter one month of the disbursal of the loan.

OTHER GUIDELINES

Top-up loan (2nd loan) can be sanctioned to Pensioner and Family pensioner after 1 year of disbursement of the 1st loan provided the 1st loan has been satisfactorily conducted.

No provision of 2nd loan. Fresh Loans can be taken after liquidating the first loan only after 12 months

Top-up loan (2nd loan) can be sanctioned to Pensioner and Family pensioner after 1 year of disbursement of the 1st loan provided the 1st loan has been satisfactorily conducted.

REFERENCE NBG/PBU/PL-PERLOANS/42/2014 -15 Thursday,October 09,2014

NBG/PBU/PL-PERLOANS/41/2014 -15 Saturday,October 04,2014

Document Checklist -130619

NBG/PBU/PL-JAI JAWAN/15/2016 -17Wednesday,May 11,2016.

NBG/PBU/PL-PENSION/66/2016 - 17Thursday,December 22,2016.

IMP CIRs 1.MODIFICATION IN PENSION LOANS TO TREASURY PENSIONERS & EXTENDING PENSION LOANS TO PENSIONERS OF PSUs

Cir NBG/PBU/PL-PENSION/1/2019 – 20 Date: Wed 3 Apr 2019

2. PRODUCT CODE TO PENSION LOANS TO PSU PENSIONERS 150419 3. MASTER CIRCULAR DATED 31082019

27

SBI PENSION LOAN VARIANTS (4)YONO - PRE APPROVED PENSION LOAN (PAPNL)

(NBG/PBU/PL-PERLOANS/48/2018 – 19 Date: Thu 13 Dec 2018)

1 Purpose : Any personal purpose other than speculative purposes.2 Eligibility : Bank’s existing customers will be pre-selected for this product offering based on following eligibility criteria: Customer’s PPOs must be with Bank; Treasury & family Pensioners are not eligible. Account should be in single/joint name. Residential Status of the Customer should be “Resident Indian.” Account should be KYC compliant. Any of Aadhaar/ Voter ID / Passport / Driving License/PAN should be available at CIF. Age of the customer should be less than 66 years. There should not be any existing Pension account under the CIF None of the existing loan accounts under the CIF should have SMA 2 and above. None of the existing loan accounts under the CIF had been NPA in last 12 months. None of the existing loan accounts of the customer any Bank/Financial Institutions should have been NPA (i.e. DPD>90 days) in last 12 months. There must be at least one credit every month for last 12 months. The pre-selected customers will be intimated about their eligibility / selection for PAPL through SMS/ email/ pop-up messages/ in-app notifications/the offer section of Internet Banking.

3 Nature of Facility/Product code : Term Loan/ 64504215-MC-TL-PRE-APROVD-PEN-LOAN4 Availability of the Facility : PAPNL is available only through “YONO” App/ “yonosbi.com” Portal. The loan account will be parked in the Home Branch (which maintains the Savings Account considered for PAPL eligibility)5 Loan Amount : Minimum Limit: ₹ 25000/-, Max: 18 times NMP subject to maximum of ₹2,50,000/-Subject to EMI/NMP ≤50%, NMP= Median of Monthly pension amount for last 6 months 6 Loan Tenure Maximum: 60 months or (70Years- Age of customer(Years and Months) as on Quarter end date of data extraction i.e. 31st March, 30th June, 30th September, 31st December) in months whichever is lower Subject to EMI/NMI ≤ 50%.7 Rate of Interest :NBG/PBU/OPS-MISCELLANEOU/6/2019 - 20 Date: Mon 11 Nov 20198 Security : Nil (Unsecured Loan)9 Processing Fee : Rs 1000/-+ Applicable Tax10 Moratorium : Not Applicable11 Repayment : The Loan will be repayable by way of EMIs. 12 Penal Interest : If the irregularity in loan account exceeds EMI, a penal interest at 2% p.m. (over and above the applicable rate of interest) will be charged on the overdue amount for the period of default. If part instalment EMI remains overdue, no penal interest will be charged.13 Pre-payment Penalty : No pre-payment or part-payment penalty applicable.14 Number of PAPLs : Only one PAPNL can be availed at any point of time. Multiple PAPNLs are not permitted even if a customer has availed lower loan amount than their eligibility/loan offered. In case the loan account is closed before any of the quarter’s end, a customer will not be eligible for taking a new loan till the start of next calendar quarter, which will also be subject to their eligibility for PAPNL/PAPL facility in the subsequent quarter(s).

15 Validity of Offer : The offer to the pre-selected customers will be valid till the end of Calendar Quarter in which they are offered the loan. The list of Accounts pre-selected for this offer will be dynamic and a new list will be prepared on quarterly basis based on the eligibility criteria as stated above. The new list will be updated at the back end every Calendar quarter so that all ineligible account holders, who may be previously eligible, are removed from the list.16 Documentation: The acceptance of Terms & Conditions of loan, as listed on the App/ Portal screen will be obtained digitally, by ticking the check box by the customer. No physical documents will be exchanged between the Customer & the Bank.

28

SBI MORTGAGE LOAN – VARIANTS (1, 2)

SCHEME LOAN AGAINST PROPERTY SCHEME (LAP)

SBI REVERSE MORTGAGE LOAN

PURPOSE Any personal purpose such asmeeting expenditure on education,marriage, healthcare, etc. otherthan speculative purposes.Loans under SBI LAP will not be permitted for Business Purposes

To provide a source of additional income for senior citizens of India who own self-acquired and self-occupied house property in India. Supplementing income, any personal expenses, house repairs, etc

FACILITY Term Loan (No Overdraft facility) Non-renewable Overdraft

ELIGIBILITY Employees, Professionals andSelf-employed Individuals who areIT assesses, Non Resident Indians(NRIs) who own residentialproperty or commercial property inhis/her own name or in the nameof spouse/ children/parent/siblings.Minimum Net Monthly Income ofRs. 25,000/ (or Rs. 3 lacs perannum).In addition to the applicant’s income, income of spouse/ children/parents/ siblings may also be considered for arriving at maximum loan amount provided they are joining the loan as coborrower/ guarantor

Single (subject to conditions) or jointly with spouse. Age of first borrower above 60 years. No. Of surviving spouses on the date of sanction of loan Should not be more than one. Borrowers will have to give an undertaking that they will not remarry during the currency of the loan. If the borrowers choose to remarry, the loan will be foreclosed.

Minimum age of spouse :When loan is availed jointly with the spouse Above 58 yearsWhen loan is availed in single nameNot applicable (spouse is not a co-borrower)

SECURITY 1. Equitable mortgage of the Property.Non-encumbered, non-agriculturaland SARFAESI compliant2 a) Residential house/flat in the name ofborrowers/ Co-Borrowers in Metro andUrban areas within municipal limits 2 b) Self-occupied, Non-agricultural andSARFAESI compliant Residentialhouse/flat in the name of borrowers/ Co-Borrowers in Semi urban and rural area(3)a) Commercial properties of theborrowers/ Co Borrowers located in Metroand Urban area within municipal limitsprovided:i) Properties leased to SBI/ SBISubsidiaries/ PSBs and Private Banks/PSUs/ Govt. Departments /listed profitearning Companies/ Companies with ECRof BBB and better. ii) where residual lease period is minimum 5 years.3 b) Commercial properties of Borrowers /CoBorrowers located in Semi-Urban, Ruralarea and properties located outsidemunicipal areas provided that:i) these properties are leased to SBI/SBISubsidiaries ii) residual lease period is minimum 5 Years. Goa & Kerala 160917

Borrower should be staying at self-acquired and self owned house /flat.Equitable mortgage ofresidential property. Value of the house under Reverse Mortgage Loan Scheme should be taken as Primary SecurityPeriodicity of availing loanMonthly / quarterly paymentsLumpsum payment: i) The lump sum amount will be 50% of the Net Present Value of the limit, discounted at applicable ROI for the relevant loan tenure, or Rs.15.00 lakhswhichever is lower.ii) Remaining 50% of the Net Present Value of the limit, discounted at applicable ROI for the relevant loan tenure, is to be disbursed through Monthly/ quarterly / annuities.

29

SCHEME LOAN AGAINST PROPERTY SCHEME (LAP)

SBI REVERSE MORTGAGE LOAN

QUANTUM OF LOAN

(i) Minimum Loan Amount: Rs. 5lacs(ii) Maximum Loan Amount: Within the Municipal Corporation areas of NCR, Mumbai, Pune,Chennai, Ahmedabad, Bangalore,Hyderabad centres and other StateCapitals : Rs. 7.50 crores. b) Other BPR Centers : Rs 2 Crorec) Non BPR Centers : Rs 1 Crore

Minimum Loan amount: Rs. 3 lacs.Maximum loan amount: Rs. 1.50 croreThe loan amount would be 90% of the realizable value of property. Loan amount would include interest till maturity.

MARGIN NA NA

LTV RATIO Upto Rs. 1 crore - 65%Above Rs. 1 cr & upto Rs. 7.50 cr - 60%

NA

EMI/NMI >Rs. 3 lacs <= Rs. 5 lacs -50%>Rs.5 lacs <= Rs. 10 lacs - 55%>Rs. 10 lacs - 60%

NA

RATE OF INTEREST

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

PERIOD/REPAYMENT

Minimum: 5 years Maximum: 15 years, subject toconditions mentioned hereunder,(i) Where more than 50% of theNMI is coming from salary,profession or business:Maximum 15 years or before theeldest borrower attains the age of70 years provided the expected lifeof the property, as certified by anempanelled engineer/architect, isat least 5 years more than the loantenor. (ii) Where more than 50% of theNMI is coming from RentalIncome: Residual lease period of the rented property or 15 years whichever is lower.

i) When loan is availed jointly with the spouse: If age of the younger of the borrowers is above 58 and up to 65 years: 20 years only (option of 15/10 years not available).If age of the younger of the borrowers is above 65 years and up to 70 years : 15 or 20 years only (10 years option is not available).If age of the younger of the borrowers is above 70 years: 10/15/20 years as per the borrower’s option.ii) When loan is availed in single name:If age of the borrower is below 65 years: 20 years only (option of 15/10 years not available). If age of the borrower is above 65 and up to 70 years: 15 or 20 years only (10 years option is not available).If age of the borrower is above 70 years: 10/15/20 years as per the borrower’s option.

OTHER GUIDELINES

Loan under LAP should beliquidated before eldest borrowerattains the age of 70 years.

Scoring Model applicable for‘Home Top-up Loan Scheme’ willbe used for LAP

Residual Life of property :The expected longevity of the houseproperty, as certified by an empanelledEngineer, should be at least 25 yearsor more

REFERENCE NBG/RE,H&HD-HL/64/2016 - 17Friday,March 03,2017 - ApplicationScheme Modifications – Cir dt 010419Risk Scoring Model – Cir dt 23022018Modifications Cir dt 26042018

NBG/RE,H&HD-HL/7/2017 - 18Monday,May 08,2017 – M.Cir.

Modification Cir - NBG/RE,H&HD-HL/39/2018 – 19 dt 15112018

30

SBI HOME LOAN – VARIANTS (1)PURPOSE purchase a plot of land for purpose of construction of house

purchase /construct a new house/flatpurchase an existing (old) house / flat or extend an existing houserepair or renovate an existing house /flattakeover of Home Loans from other Banks/HFCs/FIsfurnishing/interiors as part of the project cost.re-imbursement of investment made from own resources during the preceding 12 months for purchase of house/flat/construction/repair and extension of house

FACILITY Term Loan

ELIGIBILITY Individual(s) over 18 years of age with steady source of income, includingpersons engaged in agriculture & allied activities.In case the property holder is not having independent source of income, the income earning near relative may join as co-borrower/ guarantor for the loan and his or her income can be taken forarriving at loan eligibility. Maximum age limit for a Home Loan borrower is fixed at 70 years, i.e. the age by which the loan should be fully repaid. No. of Co-Borrowers: Restricted to maximum 3 including spouse/children/parents/siblings.

SECURITY Primary: Ordinarily an equitable mortgage by deposit of title deeds.Provision of accepting liquid securities in lieu of mortgage of residential unit

QUANTUM OF LOAN

Maximum loan amount will be lowest of loan amount assessed on the basisofa) Permissible EMI/NMI ratio b) Maximum permissible LTV ratioc) Loan amount applied for ii) Adding cost of furnishings/ interior to the cost of house/flat:15% of the cost of the house/flat or Rs. 50 lacs, whichever is lowerMaximum Loan for repairs / renovations should not normally exceed Rs 10 lacs

EMI/NMIRATIO

<= Rs. 1.20 lac 20% >Rs. 1.20 lac &<= Rs. 3 lacs 30%>Rs. 3 lacs &<= Rs. 5 lacs 55% > Rs. 5 lacs &<= Rs. 8 lacs 60%> Rs. 8 lacs &<= Rs. 10 lacs 65% > Rs. 10 lacs 70% For CIBIL below 750, 750 and above - 75%

LTV RATIO Upto Rs. 30 lacs 90% Above Rs. 30 L upto Rs. 75 lacs – 80% Above Rs. 75 lacs 75%Stamp Duty, Registration Charges and other documentation charges has beenpermitted to be added to the cost where the total project cost of the dwelling unit does not exceed Rs.10 lacs. (NBG/PBU/HL-HOME LOANS/7/2015-16 dated 27.04.2015)

RATE OF INTEREST

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR Ford India 310819 Cognizant 110919 Reliance Hyundai Boing CSP – 12062018

PERIOD/REPAYMENT

Upto 30* years subject to liquidation of the Home Loan before the borrowerreaches the age of 70 years

OTHER GUIDELINES

No pre-payment and or pre-closure penalty will be levied on Home Loansirrespective of the period Processing Charges Cir dt 01012018 Home Loan Interest Rate Structure 10042019

REFERENCE HOME LOAN MASTER CIR UP DATED AS ON 31012019TIR SOP 250917 & HL TIR 131017 HOME LOANS E-KYC 031118 INCLUSION OF ADDITIONAL CLAUSE ON ACCOUNT OF RERA ACT, 2016 – cir dt 11012019HOME LOANS INT. CERTIFICATE SOP 13022019 HOME LOANS CONTROL IN LOS 110419 HOME LOAN OPERATING INSTRUCTIONS MODIFICATIONS 160419OCAS FOR HLSTS AT BRANCHES 220419 CHANGES IN SANCTIONS/ OF HLS IN LOS – 230519 HOME LOAN OPERATING INSTRUCTIONS MODIFICATIONS 31082019HOME LOANS AND HOME RELATED LOANS VALUATION 31082019LAUNCH OF HOME LOAN TO INDIVIDUAL OVER CONTACT LESS POTAL (CLP) 310819 HOME LOANS CAPITALISATION OF PRE-EMI INTEREST 11102019 CONVERSION OF EXISTING TL TO MAXGAIN AND VICE VERSA: MODIFICATIONS 231019“CONSOLIDATED PROCESSING FEE” -04112019MOST IMPORTANT TERMS AND CONDITIONS IN DOCUMENTATION -05112019

31

SBI HOME LOAN – VARIANTS (2, 3)

SCHEME SBI HOME TOP-UP LOAN INSTA HOME TOP-UP LOAN

PURPOSE Any personal purpose such as meetingexpenditure on education, marriage, health care, repair/renovation/furnishing of the house, etc. other than speculative purpose. A certificate to this effectwill be obtained from the customer in the application itself and no documentary evidence for end use of the fund will be insisted upon

Any personal purpose other than speculative purpose.A declaration to this effect has been included in the ‘Terms &Conditions’ accepted by the borrower. Acceptance of Termsand Conditions will be validated using a “One Time Password(OTP)” sent to the borrower’s registered mobile number.

FACILITY 1. Top up Loans upto Rs. 20 lacs: only Term Loan facility (No overdraft facility) 2. Top up Loans above Rs. 20 lacs and upto Rs. 2 crores: both TL & OD.3. Top up Loans above Rs. 2 crores : only TL (No OD)

Overdraft (with reducing drawing power).

ELIGIBILITY Category 1: All new Home Loan customers, acquiring Ready to move in Properties, simultaneously along with new Home Loans and all existing Home Loan customers having less than 12 months satisfactory repayment track record provided,a. Home Loan limit is more than Rs. 30 lacs, b. Where the Market Value of the property as per the Valuation Report obtained at the time of sanction of Home Loan is minimum 10% more than the ‘Value’ mentioned in ‘Agreement to Sale’ or ‘Sale Agreement’.c. Possession of the property has either already been taken and mortgage on the property has been created or possession of the property and mortgage in favour of the Bank is expected to be completed before disbursement of Top-up Loan.Category 2:All existing Home Loan Borrowers who are eligible for Home Top up Loan as per the extant guidelines i.e. existing Home Loan borrowers with a satisfactory repayment track-record of atleast oneyear where possession is available with the borrower and the mortgage of the property has been created in favour of the Bank.

Existing Home Loan customers will be pre selected for offering this product based on following eligibility:(a) Minimum Home Loan Limit of Rs. 20 lacs with INB facility,(b) Minimum residual tenure of Home Loan of 5 years,(c) Satisfactory track record of 3 years or more,(d) The customer should not have any live Home Top-up Loan,(e) No instance of the Home Loan account slipping to RG- 3 or further in the past,(f) CIBIL Score of 700 or higher,(g) Maintaining Saving Bank Account linked with CIF of Home Loan.Based on the above mentioned conditions, existing Home Loan borrowers will be pre-selected and a Pop-up conveying the Insta Home Top-up Loan offer will be shown to the selected customers when they access their account through INB.

The offer made to pre-selected customers will be valid for a period of 30 days from the date of activation of the offer on Internet Banking (INB) site.

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SCHEME SBI HOME TOP-UP LOAN INSTA HOME TOP-UP LOAN

SECURITY (i) Top-up loan upto Rs. 5 lacs:Extension of the mortgage on the residential property already mortgaged with the Bank will not be mandatory. (ii) Top-up Loans above Rs. 5 lacs:Extension of mortgage on the residential property already mortgaged with the Bank will be mandatory in all cases.

An undertaking from the borrower will be obtained online, authorizing the Bank to hold original Title Deeds of the houseproperty already mortgaged to the Bank for Home Loan, till the liquidation of all loans including the proposed Insta Top Up Loan. However, extension of mortgage of house will not be obtained.

QUANTUM OF LOAN

Category-1 borrowers mini Rs. 2 lacs and max.Rs. 50 lacs:Upto Rs. 75 lacs -10% of HL LimitAb ove Rs. 75 lacs 15% of HL Limit Category-2 borrowers Min Rs. 2.00 lacs and max. No Ceiling.

5% of the Home Loan Limit, subject to Minimum of Rs. 1,00,000/- and Maximum of Rs. 5,00,000/-

LTV RATIO Upto Rs. 30 lacs 90% Above 30 – 75 lacs – 80% Above Rs. 75 lacs 75%

NA

EMI/NMI Rs. 3 lacs & upto Rs. 5 lacs 55%Above Rs.5 lacs & upto Rs.10 lacs 60%Above Rs. 10 lacs 70%

NA

RATE OF INTEREST

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

PERIOD/REPAYMENT

The maximum permissible tenor of the loan will be the residual tenure of underlying Home Loan or 15 years, whichever is higher, subject to liquidation of the loan before the borrower attains the age of 70 years.

Residual Maturity of underlying Home Loan Above 60 months but upto 120 months - Term 60 monthsAbove 120 months – Term 120 months.SI for EMI repayment will automatically be set up on Saving Bank account.

OTHER GUIDELINES

At any point of time not more than two loans will be allowed to exist under the proposed scheme. Second loan may be considered only after a gap of one year from the date of disbursement of first loan. No pre-closure charges.

At any point of time, only one `Insta Home Top-Up Loan’ will be permitted. Second Insta Home Top-up Loan will bepermitted considered only after a gap of one year , subject to the condition that the 1st loan is closed. No pre-closure charges.

REFERENCE 1. HOME LOAN MASTER CIR UP DATED AS ON 310120192.NBG/RE,H&HD-HOME TOP/7/2016 -17 Thursday,April 07,2016.3.NBG/RE,H&HD-HOME TOP/4/2015 16 Monday,June 15,20154.NBG/PBU/HL-HOME LOANS/31/2014 15 17.12.20145. Modifications Cir dt 16112018

NBG/RE,H&HD-HOME TOP/48/2016 -17 Wednesday,January 04,2017.

HOME LOAN MASTER CIR UP DATED AS ON 31012019

33

YONO: INSTA HOME TOP-UP LOAN (4)(NBG/RE,H^HD-HOME TOP/16/2019 – 20 Date: Mon 6 May 2019)

Eligibility : Existing Home Loan customers will be pre-selected for offering this product based on following eligibility:(a) Minimum Home Loan Limit of Rs. 20 lacs. (b) Fully disbursed home loan with satisfactory track record of 1 year or more. (c) Home loan accounts with maximum of up to two borrowers.(d) Minimum residual tenure of Home Loan of 5 years. (e) The customer should not have any live Home Top-up Loan. (f) No instance of the Home Loan account slipping to RG-3 or further in the past.(g) Minimum CIBIL Score of 550. (h) Repayment coming through SI only. This implies that account through which home loan repayment is done should also be with our Bank.(i) Home loan account and repayment account should be under same CIF.(j) Equitable mortgage has been successfully created for the primary security/home loan.Based on the above mentioned conditions, existing Home Loan borrowers will be pre-selected and a notification for the Insta Home Top-up Loan offer on Home page of YONO will be shown to these selected customers. The pre-selected customers would also be informed using SMS and e-mail.

Purpose Any personal purpose other than speculative purpose. A declaration to this effect has been included in the ‘Terms & Conditions’ accepted by the borrower. Acceptance of Terms and Conditions will be validated using a “One Time Password (OTP)” sent to the borrower’s registered mobile number.Co-applicant consent processIn case existing home loan account is in joint name, then after the completion of process by primary applicant, co-applicant also is required to give his/her consent, after which disbursement will bedone. The navigation path for co-applicant to give consent is: Login YONO >> Click on menu (top left – hamburger menu) >> Service Request >> Pending Request Alternative path: Login YONO >> Home page >> Under quick links, click on Service Request >> Pending Request

Validity of offer The offer made to pre-selected customers will be valid for a period of 30 days from the date of activation of the offer on YONO Mobile App. A fresh list of eligible customers will be uploaded on 1st of every month and data extraction will be as on 15th of the previous month. A pop-up message conveying offer will be shown only to the eligible customers on YONO.Loan Amount 5% of the Home Loan Limit, subject to Minimum of Rs. 1,00,000/- and Maximum of Rs. 5,00,000/-Nature of facility Overdraft (with reducing drawing power).Loan Tenure Residual Maturity of underlying Home LoanTenure of Insta Top-up Home Loan : Above 60 months but upto 120 months - 60 monthsAbove 120 months -20 monthsNumber of loans At any point of time, only one `Insta Top-Up Home Loan’ will be permitted.Repayment The overdraft will be repayable by way of EMIs commencing on the date selected by the customer. Standing Instructions (SI) for EMI repayment will automatically be set up on account from which repayment of existing home loan is made.Pre-payment Loans under the scheme may be pre-paid at any time without payment of any pre-payment penalty.Security An undertaking from the borrower will be obtained online, authorizing the Bank to hold original Title Deeds of the house property already mortgaged to the Bank for Home Loan, till theliquidation of all loans including the proposed Insta Top-up Home Loan. However, extension of mortgage over the house property will not be obtained.Processing Fee A flat Processing Fee of Rs.2000 plus applicable GST will be levied under the product. Processing fees will be automatically recovered from customer’s account and credited to commissionaccount.

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SMART HOME TOP-UP LOAN (5)(Cir No. NBG/RE,H&HD-HL/5/2018 – 19 Date: Fri 20 Apr 2018)

HL MASTER CIR AS ON 31012019

1. Purpose Any personal purpose such as meeting expenditure on education, marriage, health care,repair/renovation/furnishing of the house, etc. other than for speculative purpose. A confirmation to this effect has been included in the Terms and Conditions letter, which needs to be accepted by thecustomer. No documentary evidence for end use of the fund will be insisted upon.

2 Eligibility Our existing home loan borrowers who fulfil the undernoted criteria will be considered for “Smart Home Top-up Loan”a) Fully disbursed home loan accounts. b) Minimum Home Loan Limit of Rs. 20 lacs.c) Minimum residual tenure of Home Loan of 5 years. d) Valid equitable mortgage should have been created in favour of Bank. e) Satisfactory track record of repayment and conduct for 1(one) year or more, after completion of moratorium period.f) The customer should not have any live Home Top-up or Insta Home Top-up loan.g) No instance of the Home Loan account slipped to SMA (RG2) during last three months or further in the past. h) CIBIL Score of 550 or higher. i) Staff will be eligible if they fulfil the product specific and staff eligibility EMI/NMI criteria.j) Mode of repayment should be either through SI or NACH/ECS.k) No documents such as income proof, TIR, ValuationReport need to be obtained from the customer.

3 Loan Amount a) Home Loan borrowers with 12-60 months satisfactory repayment track record after completion of moratorium period:Minimum: Rs 1.00 lacs Maximum: Rs 5.00 lacs Subject to: 5% of the Home Loan Limit.b) Home Loan borrowers with more than 60 months satisfactory repayment track record after completion of moratorium period:Minimum: Rs 1.00 lacs Maximum: Rs 5.00 lacs Subject to: 10% of the Home Loan Limit.

4 Nature of facility Either Term Loan or overdraft facility

5 Loan Tenure The maximum tenor of the loan will be the residual tenor of underlying Home Loan or 20 years, whichever is lower.The “Smart Home Top-up loan” must be closed prior tothe underlying Home Loan or earlier to that.

6 Number of loans At any point of time either `Smart Home Top-Up Loan’ or “Insta Top-Up Loan” will be permitted. Both cannot be granted concurrently.

7 Security Loan Agreement & Arrangement Letter authorizing the Bank to hold original Title Deeds of the house property already mortgaged to the Bank for Home Loan, till the liquidation of all the loans including the "Smart Home Top-up Loan" will be obtained. However, extension of mortgage over the house property will not be obtained.

8 Interest Rate : NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

12 Processing Fee A flat Processing Fee of Rs.2000 plus applicable GST

The detail Standard Operating Procedure (SOP) in respect of “SMART HOME TOP-UP LOAN” has been enclosed as Annexure-A in the above refferred circular.

35

SBI HOME LOAN – VARIANTS (6, 7)SCHEME SBI PRIVILEGE HOME LOAN &

SBI SHAURYA HOME LOANSBI FLEXI PAY HOME LOAN

PURPOSE As applicable to Normal Home Loan.An innovative Home Loan product tailor made to the requirements ofemployees with pensionable service.

As applicable to Normal Home Loan.But, the borrower is offered options of paying lower EMIs during the initial years and step-up the EMIs in subsequent years.

ACILITY Term Loan (No Overdraft facility). Term Loan (No Overdraft facility).

ELIGIBILITY SBI Privilege Home Loan: Employees of Central / State Governments (including PSBs, PSUs of Central Government, and other individual(s) with pensionable service. SBI Shaurya Home Loan: Defense Personnel belonging to Army, Navy and Air force. Minimum: 18 yearsMaximum: 75 years by which time the loan should be fully repaid.

All salaried applicants with minimum 2 year experience. Minimum Age: 21 years & Maximum Age: 45 years.

No minimum NMI limit.

However, the minimum loan amount under the scheme will be Rs. 20 lacs.

SECURITY As applicable to Normal Home Loan As applicable to Normal Home Loan

QUANTUM OF LOAN

Minimum Loan AmountRs. 10 LacsMaximum Loan AmountRs. 50 Crores.

Minimum Rs. 20 Lacs Maximum : 1.2 times the loan quantum calculated as per the normal EMI/NMI Ratio method, subject to stipulated LTV norms. However, customer will be free to choose lower loan .

LTV RATIO As applicable to Normal Home Loan As applicable to Normal Home Loan

EMI/NMI (a) Where age of the eldest salaried borrower is up to 45 years:>Rs. 3L &<= Rs. 5L 55%>Rs. 5L &<= Rs. 8 L 65%>Rs. 8L &<= Rs. 10 L 70%>Rs. 10 Lacs 75%(b) above 45 years:>Rs. 3L &<= Rs. 5L 55%>Rs. 5L &<= Rs. 8 L 65%>Rs. 8L &<= Rs. 10 L 70%>Rs. 10 Lacs 75%EMI / NMI Ratio Post Retirement 50%

EMI for the purpose of calculation of EMI/NMI ratio for arriving at the loan quantum will be worked outbased on the number of EMIs for full loan tenor i.e. 360 EMIs in case of 30 year loan, 300 EMIs in case of 25 year loan and so on.

RATE OF INTEREST

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

PERIOD/REPAYMENT

Minimum: 60 months.Maximum: 360 months or upto the age of 75 years (the age by which the loan should be fully repaid)(a) Where age of the eldest salariedborrower is up to 45 years:

As applicable to normal Home Loan scheme i.e. by way of EMI.

Minimum: 25 years & Maximum: 30 years.However, borrowers will have the freedom to make pre-payments

Monthly Repayment

During moratorium period Only interest debited in the account is to be repaid.

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(b)Where age of the eldest salariedborrower is above 45 years:a. During Moratorium Period - Only interest accrued for the month to be repaid b. Upto the month of retirement[EMI as per applicable EMI/NMIratio] X [Ratio of Loan Amount toTotal Loan Eligibility]c. Post retirement term - Terminal EMI# Terminal EMI refers to the EMI which fully amortizes the outstanding Home Loan balance as on the month of retirement over the remaining loan term.

Next 36 Months 100% of EMI*

Next 36 Months 105% of EMI*

Balance term Terminal EMI - EMI whichfully amortizes the remaining dues/outstanding in the Home Loan account within the balance term.

*EMI arrived at after considering full loan tenor (Ex. 360 months for 30 year loan, 300 months for 25 year loan and so on).

OTHER GUIDELINES

Moratorium (a) Where age of the eldest salariedborrower is up to 55 years:Same as Home Loan scheme.(b) Where age of the eldest salariedborrower is above 55 years:Upto 18 months.However, borrowers above 45 years of age should be dissuaded from selecting moratorium period. Total HomeLoan eligibility arrived at on the basis of aforementioned EMI/NMI ratio will be estimated after taking loan term netof any moratorium period selected by the borrower.

Start-up/MoratoriumPeriod. For ready to move in properties: upto 36 Months.For under construction properties: upto 36 months plus remaining construction period (i.e. from the dateof sanction to the expected date of completion), subject to a maximum moratorium period of 60 months.However, interest must be serviced during the selected start-up/moratorium period

REFERENCE HOME LOAN MASTER CIR UP DATED AS ON 31012019

NBG/RE,H&HD-HL/19/2016 - 17Monday,August 01,2016

Special Interest Rates for above 75 lacs 15062017

HOME LOAN MASTER CIR UP DATED AS ON 31012019

NBG/RE,H&HD-HL/39/2015 - 16Thursday,January 28,2016

NBG/RE,H&HD-HL/40/2015 - 16Tuesday,February 02,2016 - CRITICAL STEPS

37

SBI HOME LOAN – VARIANTS (8, 9)SCHEME HOME LOANS TO NON-SALARIED

SEGMENT DIFFERENTIAL OFFERINGS

SBI REALTY SCHEME

PURPOSE Home Loans for the purpose ofconstruction / acquisition of residentialhouse/flat, takeover of Home Loansfrom other Banks/HFCs andrepair/renovation of existing house/flat.The proposed house property may beacquired either in the sole names ofindividuals or jointly in the name of theIndividuals and their Proprietorshipfirms, subject to the condition that theshare of Individual applicants in theproposed property is not less than50%. Loans for purchase of residential plot will continue to be processed underSBI Realty Loan Scheme.

• Purchase of a residential plot locatedwithin the municipal/ corporation area ofUrban/Metro Centres with population of 1lac and above as per the latest availablecensus data for the purpose ofconstruction of a house.

• Purchase of Plots located outsidemunicipal/corporation area will bepermitted only in cases where the plots areallotted/developed by Government Bodies/Development Authorities such as DDA, HUDA, BDA, LDA, etc.

FACILITY (i) Loan upto Rs. 20 lacs: only TermLoan facility (No overdraft facility),(ii) Loan above Rs. 20 lacs and uptoRs. 3 crores: both Term Loan andOverdraft facility.(iii) Loan above Rs. 3 crores: onlyTerm Loan facility (No O.D. facility).

Term Loan. ( No OD facility)However, Permanent employees of Central / State Governments / Public Sector undertakings (PSU) will be permitted to purchase plots in towns with population of 10000 and above, within town limits, provided: Maximum Loan Amt: Rs 50 Lacs for the areas with population group of 10000 to 100000.

ELIGIBILITY Professionals/ Self-Employed/Businessmen who are over 18 years ofage with a minimum Risk Grade of 6on a scale of 1 to 10 under Bank’s RiskScoring Model. Wherever the applicant is Proprietor of a Proprietorship firm or is one of the partners in a Partnership Firm or is one of the Directors in a Company, the firm/Company:• Should be in existence for atleast last3 years, • Must have earned Net Profit in the last two years,• Existing Credit Facilities, if any, should be Regular and Standard.Opinion Report in this regard will beobtained from the existing Bankers,• Wherever the proposed House Property is acquired in joint names of the Proprietor and the Proprietary Firm, the firm should be our existing borrower or a debt free entity

Maximum Age 65 Years.Maximum time period stipulatedfor construction of house - 5 years from the date of first disbursement of the Loan.Borrower will be required to submit completion certificate of thehouse within the stipulated period of 5 years. An undertaking to this effect will be obtained.Commencement of construction within 2 years of availing Home loan under Realty Scheme (for Realty loans sanctioned up to 22.11.2016):I. SBI Realty scheme will be available toSalaried Customers. Stipulation of Salaryaccount with SBI will not be mandatory forSalaried Customers who intend to avail Home Loans under SBI Realty Schemesubject to fulfilment of all other eligibilitynorms of SBI Realty Scheme. II. Home Loan under SBI Realty Schemewill not be permitted to be extended to Non-Salaried Customers.

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SCHEME HOME LOANS TO NON-SALARIED SEGMENT DIFFERENTIAL OFFERINGS

SBI REALTY SCHEME

SECURITY (i) Equitable mortgage of the propertyto be acquired with the help of Bankfinance, (ii) Guarantee of the Firm if theproperty is jointly owned by the Firmand the individual and (iii) Wherever additional EMI/NMI ratio has been granted Liquid Collateral will be taken.

(i) Equitable mortgage of the plot of land proposed to be purchased.

(ii)Interim guarantee of an individual good for the loan amount (to cover the period from the date of sanction and date of creation of equitable mortgage).

QUANTUM OF LOAN

Minimum: Rs. 50,000/-Maximum: Rs. 50 crores. (10% of the cost of the house/flat or Rs. 50 lacs, w.e.lower for Interiors/Furnishings)

Minimum: Rs. 5 lacsMaximum: Rs. 15 crores

Maximum LTV Ratio 60%

LTV RATIO As per Normal Home Loan Scheme Upto 30 lacs 75% Above Rs.30 lacs to 75 lacs - 70% - Above Rs.75 lacs - 60%

EMI/NMI <= Rs. 1.20 lac 20%>Rs. 1.20 lac & <= Rs. 3 lacs 30%>Rs. 3 lacs & <= Rs. 5 lacs 55%> Rs. 5 lacs & <= Rs. 8 lacs 60%> Rs. 8 lacs & <= Rs. 10 lacs 65%> Rs. 10 lacs 70%

>Rs. 3 lacs & <= Rs. 5 lacs 40%> Rs. 5 lacs & <= Rs. 8 lacs 50%> Rs. 8 lacs & <= Rs. 10 lacs 55%> Rs. 10 lacs 60%

RATE OF INTEREST

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

PERIOD/REPAYMENT

By way of EMIs in Maximum 30 yearsor upto the age of 70 years of theeldest applicant, whichever is earlier,including moratorium period

Maximum of 120 months. No moratorium period will be permitted in any case. EMIs will commence from the next monthfrom the month of disbursement

OTHER GUIDELINES

The relaxation in EMI/NMI ratio over & above the permissible will be subject to : Up to 5% - LTV ratio up to 65% ORLiquid Collateral# of 7.50% of loanamount. OR “IMGC MortgageGuarantee” cover for loan amountAbove 5% and up to 10% - LTV ratio up to 60% OR Liquid collateral of 15% of loan amount OR “IMGC Mortgage Guarantee” cover for loan amount + Liquid Collateral of 7.50% of loan amount Above 10% and up to 15%. - LTV ratio up to 50% OR Liquid collateral of 25% of loan amount OR “IMGC Default Guarantee” cover for loan amount + Liquid Collateral of 15% of loan amount

Home Loans for a consolidated amount i.e. outstanding in SBI Realty account and also for construction of house will be sanctioned to the customers, who intend to construct house on the open plot financed by us. The outstanding in SBI Realty account will be first liquidated through disbursement from HomeLoan and remaining amount will be disbursed for construction of house in phases linked to the stages of construction.

Construction Period Clarification Cir dated 29102018

REFERENCE NBG/RE,H&HD-HL/53/2016 - 1705.01.17HL MASTER CIR AS ON 31012019Special Interest Rates for above 75 lacs 15062017 Modifications Cir dated 16052019

NBG/RE,H&HD-HL/33/2018 - 19Date: Fri 19 Oct 2018NBG/RE,H&HD-HL/29/2018–19 -190918HL MASTER CIR AS ON 31012019Modifications Date: 29052019Modifications Date : 31082019

39

SBI HOME LOAN – VARIANTS (10,11)

SCHEME SBI BRIDGE HOME LOAN EARNEST MONEY DEPOSIT SCHEME(LOAN FOR EARNEST MONEY FOR ALLOTMENT OF A HOUSE)

PURPOSE Loan to meet shortfall in funds for purchase a new home/flat.Loans under this scheme for purchase of residential plot and also under our Flexipay Scheme and SBI privilege/Shaurya will not be permitted. However, loans under NRI Home Loan, CRE Home Loan and Maxgain will be permitted along with SBI Bridge Loan

To finance applicants for earnest money for booking of residential plots/built-up houses being sold by Govt. housingagencies like Urban Development Authorities like PUDA, HUDA and Housing Boards.

FACILITY Term Loan (No Overdraft Facility). Demand Loan

ELIGIBILITY The applicant for Bridge Home Loan should satisfy each of the below mentioned eligibility criterion,a. Individuals who are owners of an unencumbered house/flat and who intend to sell the existing home/flatfor meeting temporary shortfall in cost for acquiring new home/flat,

b. The underlying home/flat, against which Bridge Home Loan is sought, should be a fully constructed propertyand in the possession of the applicants,

c. The home/flat, against which Bridge Home Loan is sought, should be located within the municipal/corporation area of BPR centres.

d. In case of joint ownership of the existing property, against which Home Bridge Loan is sought, all coownersof the property should also join as co-borrowers for the Bridge Loan

No minimum income criterion is stipulated.

Individuals above 21 years of age with a steady source of income.

SECURITY Equitable mortgage of the SARFAESI compliant existing residential property against which Home Bridge Loan issanctioned by the Bank.

Waived, subject to :(i) Allotment letters / refund orders should be routed through SBI.(ii) Lump sum amount equal to 6 month’s interest to be taken upfront.(iii) 2 PDCs one for the principal amount of EMD and another towards interest for the next 6 months shouldbe taken to meet the eventuality of refund getting delayed.

40

SCHEME SBI BRIDGE HOME LOAN EARNEST MONEY DEPOSIT SCHEME(LOAN FOR EARNEST MONEY FOR ALLOTMENT OF A HOUSE)

QUANTUM OF LOAN

Minimum: Rs. 20 lacs,Maximum: Rs. 2 crores.

The maximum permissible Bridge Loan amount will be assessed on the basis of the lowest value arrived at from undernoted three eligibility criteria:

(i) 65%, if market value of the existing property is upto Rs. 1 crore, or(ii) 60%, if market value of the existing property is above Rs. 1 crore, or(iii) 90% of the cost of proposed home/flat. The Net Monthly Income of the applicants, as per their latest salary slip or ITR, should be atleast 150% of the expected repayment towards interest on Bridge Home Loan.

LTV Ratio of the existing housing property will be calculated based on Valuation Report not more than 3months old.

100% of application money, subject to maximum of:1) Rs.15.00 lakh for CSP/DSP account holders.2) Rs.10.00 lakh for others.

(Care should be taken to finance only genuine applicants and not to speculative buyers. One person can be financed only for one application at any point of time.)

Margin : Waived, subject to:(i) Allotment letters / refund orders should be routed through SBI(ii) Lump sum amount equal to 6 month’s interest to betaken upfront.

LTV RATIO As mentioned above MARGIN waived subject to allotment letters /redund orders routed through SBI

EMI/NMI Wherever customers avail Home Loans simultaneously with Bridge Loan, eligibility for Home Loan will continue tobe calculated based on our extant instructions under Home Loan Scheme i.e. EMI/NMI Ratio and LTV normstaking into account capitalization of interest during moratorium period.

Servicing of interest amount likely to be debited in Bridge Loan account will not be considered for arriving at EMI/NMI ratio of underlying Home Loan.

As per Normal Housing Loan Schem

RATE OF INTEREST

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

41

PERIOD/REPAYMENT

Maximum 2 years. The Bridge Home Loan needs to be repaid in full by theborrower any time during the maximum loan tenure of 2 years, in one or more number of installments. No EMIs willbe stipulated for Bridge Loan by the Bank during the loan tenure of 2 years.However, interest on Bridge Loan needs to be serviced every month. Interest on Home Bridge Loan will not be capitalized.

In case of unsuccessful applicants – on receipt of refund from the Housing Board/Urban Development Authority.In case of successful applicants – lump sum repayment of the loan. If the applicant avails a regular Home Loan from us for purchase of house allotted to him/her or for construction of house on plot allotted to him/her, the loan may be paid out of the proceeds of the Home Loan.(Sanctioning authority may allow longer period for repaymentdepending upon merits of each case, but not more than 12 monthsfrom the date of disbursement of the loan)No penalty for prepayment.

OTHER GUIDELINES

Moratorium for the proposedHome Loan Wherever Home Loan is also sought simultaneously with Bridge Loan, a moratorium period will be extended to the proposed Home Loan as per the extant instructions, subject to minimum equivalent to the tenure of the underlying Bridge Home Loan of 2 years.

Place to avail Bridge Loan :Both Bridge Loan against the existing house/flat and Home Loan for purchase of new house/flat should be availed simultaneously at the same branch and will be processed simultaneously by the same CPC/LPC/Branch.Both the accounts should be parked in the same Branch for effective monitoring.

SecurityDocumentsi) Arrangement Letterii) D.P. Note and D.P. Note Delivery letter.iii) An undertaking from the borrower to deposit the refund amount/lump sum repayment of the loan with interest.

REFERENCE NBG/RE,H&HD-HL/51/2016 - 17Wednesday,January 04,2017

HL MASTER CIR AS ON 31012019

NBG/RE,H&HD-HL/32/2018 - 19Date: Fri 19 Oct 2018

HL MASTER CIR AS ON 31012019

42

SBI HOME LOAN – VARIANTS (12, 13)

SCHEME ‘SBI-TRIBAL PLUS’ HOME LOAN SBI MAXGAIN

PURPOSE In many Hilly /Tribal areas, granting of Home Loans has been rendereddifficult due to the following:(i) Absence of any cadastral survey in such areas.(ii) Absence of any system of issuing land Patta with Dag No., Patta No. etc.(iii) Restrictions on transfer of land i.e., land is not legally transferable from a tribal person to a non-tribal etc.(iv) Ownership over land lies with the community or the Chief of the village.'SBI-Tribal Plus' Home Loans, a Special Scheme designed for Hill/Tribal areasfor extending financial assistance to individuals in such areas to (a) Purchase or construction of a new house / flat (without mortgage of land)(b) Purchase of an existing (old) house / flat which is not more than 10 years old (In such cases, valuation report from our empanelled valuer and a certificate on the condition of the house to be given by a structural engineer or Govt. approved architect should be taken); (c) Repair /Renovation/extension of an existing house or flat.

As applicable to Home Loans.

Borrower should pay stipulated EMIs by check-off/ECS/SI/NACH till theoutstanding in the loan account becomes nil. SI/NACH/ECS should not be stopped in Maxgain loan accounts (including loan accounts with credit balance) due to excess deposit of fund by existing borrowers over and above the stipulated EMIs, till drawing power and outstanding in such accounts is zero.Extra fund deposited over and above drawing power can always be withdrawn by customers after full disbursement of loan amount as per extant norms.

FACILITY Term Loan only Overdraft (reducing D.P.)

ELIGIBILITY FOR SALARIED EMPLOYEES Min: 21 yearsMax: 60 years by which time the loan should be repaid. In case of salaried employees, the loan should be repaid in full before their superannuation from the service.Permanent employees of Central or State Governments / Public Sector undertakings (PSU)and Corporates (Corporates with minimumstaff strength of 1000 employee and external rating BBB) who maintain salary accounts with ussubject to: Have put in a minimum of 5 years’ service. Avaibiality of Check off a) In case check off isavailable:

CIBIL Score will be as per extant Home Loan norms.b) In case Check off is not available:

Salary account of the applicant(s) / coborrower(s) / Guarantor(s) will be mandatorily with SBI.

Minimum CIBIL Score will be 700.c) For employees of Corporates minimumCIBIL Score 700 will be considered irrespective ofcheck off.For professionals, businessmen, self-employedand Agriculturist Individual(s) who are agedover 21 years but not more than 60 years subject toliquidation of loan before the borrower attains the age of 60 years.Professionals, self-employed, businessmen andagriculturists etc. subject to:

As applicable to Home LoansAdditional eligibility criteria - Facility available for new Home Loans of Rs.20 lacs and above from applicants who are

(i) Existing customers with minimum balance of Rs.5000/- in their SB / CA.Stipulation of minimum balance not applicable to customers whose salaries are regularly credited to this account and repayments are proposed to be made from this account.

(ii) Prospective customers who open SB / CA with an initial minimum deposit of Rs.5000/-. Stipulation of initial minimum deposit not applicable if salary of the applicant is proposed to be credited to this SB/CA.

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Minimum experience of 5 years in their respectivesphere of activity.Minimum CIBIL Score will be 700.

Maintain satisfactorily conducted deposit accounts with us with an average balance ofRs.10000/- for the last two years

Do not have any borrowing with other Banks / financial institution.OR Maintain loan accounts with SBI which are satisfactorily conducted for a minimum period of 2years without any instance of slippage to RG 2 and below.

SECURITY a) Third Party Guarantee of another employee(s) (who fulfils the eligibility parameters stipulated for‘SBI-Tribal Plus’ Home Loans) employed withGovt. / PSU / Corporates who maintains salaryaccounts with us, whose net worth should be equalto the loan amount will be obtained.OR As an alternative to the third-party guarantee, group guarantee of groups of 3-4 employees will be taken, all of whom are employed in the same organisation and whose salaries are routed through the Bank.

As applicable to Home Loans

QUANTUM OF LOAN

For employees : 36 times NMIFor professionals, businessmen and self-employed : 2 times average Net Annual Income (NAI) for the last 3 years on the basis Income-Tax Returns, along with audited/certified P&L a/c and balance sheets, I.T.Challans.For Agriculturists :2 times average Net Annual Income (NAI) for the last 3 years on the basis of their activity (i.e. farming, dairy, poultry and orchards), land holding, cropping pattern, yield etc. and the level of income derived there from. Salaried : Check – off Max 20 lacsWithout Check-off Max 15 lacsIn all other cases, the maximum loan amount should not exceed Rs.10 lacs

Minimum: Rs. 20 LacsMaximum: Rs. 3 Crores

LTV/MARGIN

For construction/purchase of new/existing house/flat : 20% For repairs/renovation/addition : 25%

As applicable to Home Loans

EMI/NMI As applicable to Home Loans As applicable to Home Loans

RATE OF INTEREST

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

PERIOD/REPAYMENT

should not exceed 15 years or the remaining period of service of the borrower, whichever is less in respect of salaried borrowers. Other borrowers max.repayment period of 15 years subject to liquidation of loan before the borrower attains 60 years of age.

As applicable to Home Loans.ATM cum Debit card will not be issued in Maxgain account.No over drawings are to be permitted in the a/c in excess of the Drawing Power.

REFERENCE HL MASTER CIR AS ON 31012019HOME TOP UP LOAN FOR TRIBAL PLUS 160419

HL MASTER CIR AS ON 31012019Modifications 25062019

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PRADHAN MANTRI AWAS YOJANACREDIT LINKED SUBSIDY SCHEME (CLSS) – VARIANTS (14)

SCHEME CLSS for EWS/LIG CLSS (MIG-I) CLSS (MIG-II)

PURPOSE Government of India has launched‘Credit Linked subsidy Scheme (CLSS)’ for Urban Areas. A beneficiary family will comprise husband, wife, unmarried sons and/or unmarried daughters. An adult earning member (irrespective of marital status) can be treated as a separate household provided that benefeciarydoes not own a pucca house in his /her name in any part of India.

FACILITY Term Loan. However, Maxgain facility will be available along with Term Loan for Home Loan Limit of Rs 20 lacs and above. Modification Cir dt 27042018

ELIGIBILITY Max. HouseholdIncome per annumUpto Rs. 3 L for EWS &Upto Rs. 6 L for LIGMax carpet Area 30 sq. mts. For EWS &60 sq. mts. For LIG.

Max. HouseholdIncome per annumAbove Rs. 6 lacs & uptoRs. 12 lacs

Max carpet Area160 sq. mts.

Max. HouseholdIncome per annumAbove Rs. 12 lacs & upto Rs. 18 lacsMax carpet Area200 sq. Mts. (wef 200618)

SECURITY As applicbale to Normal HL .Women must besole/co-owner in the property (except in case of construction of house on existing plot)

As applicbale to Normal Housing Loan. (Property may be owned by any adult member of the family, irrespective of the gender). Family comprising ofhusband, wife and unmarried children.Adult earning member (irrespective of marital status)may be treated as a separate household provided he/she do not own a pucca house in his/her name in any part of India.

QUANTUM OF LOAN

Upto Rs. 6 lacsSubsidy : 6.50% & Max. Rs. 2.68 lacs

Upto Rs. 9 lacsSubsidy 4% & Max. Rs. 2.35 lacs

Upto Rs. 12 lacsSubsidy 3% & Max.Rs. 2.30 lacs

LTV R As applicable to Normal Housing Loan

EMI/NMI As applicable to Normal Housing Loan. But EMIs for Home Loan borrowers under CLSS will be reset on credit of full subsidy amount in the account after receipt of subsidy amount from NHB.

RATE OF INTEREST

NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR Takeover from other Banks is Permitted. Aadhaar and Pan are Mandatory.

PERIOD/REPAYMENT

As per Normal Housing Loan Scheme. But Maximumtenor of loan on which subsidy will be calculated 20 Years.

OTHER GUIDELINES

Though the interest subvention is available upto Rs. 6 lacs, Rs. 9 lacs and Rs. 12 lacs under CLSS (EWS/LIG), CLSS (MIG-I) and CLSS (MIG-II) Scheme respectively, loan limits over and above these amounts will also be sanctioned based on the eligibility stipulated under our existing HL.

REFERENCE HL MASTER CIR AS ON 31012019 Take Over Cir dt. 03022018HOME LOANS PMAY List of 4041 statutory Towns - Scheme Modification 301017HOME LOANS PMAY Additional-CLSS-CensusList – MIG 1 & II Modifi - 140218HOME LOANS PMAY FAQs & INCLUSION OF PMAY ELIGIBILITY CHECK 190817

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CRE HOME LOANS (15)HL MASTER CIR AS ON 31012019

NBG/RE,H&HD-HL/65/2018 – 19 Date: Tue 12 Mar 2019

Reserve Bank of India has issued guidelines on Classification of Exposures as Commercial Real Estate (CRE) Exposure vide their Circular dated 9th September, 2009. In the light of RBI Guidelines for CRE Exposure it has been decided to classify Home Loans under the following categories as CRE Home Loans:

1. If an individual owns two or more houses, singly or jointly then the exposure for the third house onwards/purchase of plot will be treated as CRE Home Loans. The maximum number of houses/ flats/ residential plots will be restricted to 1 (one) under CRE Home Loans over and above the two houses / flats permissible under Home Loan Scheme.Maximum number of Home Loans in the name of an individual, including the existing loans and the proposed one will be restricted to 3 (three) Home Loans (excluding closed accounts) under Home Loan Scheme in P-Segment.

(ii) If the third house which is proposed to be funded through Home Loan is intended to be purchased by the borrower for upgrading from a small house to a bigger house or vice-versa, moving to a more convenient locality/place/city etc. and he/she intends to sell one of the existing houses within 6 months after getting possession of the third house, exposure to third house may not be treated as CRE exposure, provided the borrower submits an Affidavit to that effect. In case of non-fulfillment of this condition by the borrower, Home Loan will carry the rate applicable for CRE Home Loan from such due date till fulfillment of the stipulated condition.

(iii) Loan for extension of the present house will be treated as CRE Home Loan if more than 50% of the monthly installment of the loan is expected to be raised through the rent receivable from the extended portion. Present stipulation in the Home Loan policy that “while computing maximum eligible loan amount, expected rent accruals from proposed house/flat being let out (net of taxes, cess etc.) may be reckoned subject to maximum amount equivalent to the Net Monthly Income of the borrowers” shall continue to be in force.

(iv) If funding of third house merits classification under non-CRE exposure for reasons other than those mentioned above, Circle CGM will have discretion to permit such classification on the basis of recorded justification which does not violate the spirit of RBI guidelines mentioned above and subsequent modifications, if any, in the guidelines issued by RBI.

2. Interest Rate : A premium of 50 bps over and above the interest rate applicable to Home Loan will be charged. Discretionary power for concession in pricing on applicable card rate will not be available for CRE Home Loans. NBG/RE,H&HD-HL/57/2019 - 20 Date: Mon 30 Sep 2019 - EBLR

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SBI HOME LOAN PAL (PRE-APPROVED LIMIT) – (16)(Circular References : HL MASTER CIR AS ON 31012019)(NBG/RE,H&HD-HL/49/2018 – 19 Date: Tue 8 Jan 2019)

1. The discretionary powers to issue PAL is as under :Proposals falling within the discretionary Powers of

Authority for approving proposal under PAL

RCC AGM (RACPC)/ /RASMECC/Head RACC/ respective AGM (region) in case of LPC

ZCC DGM (B&O)

RCCC GM (Network)

Home Loan proposals, falling beyond thediscretionary powers of RCCC up to CCSC

CGM (Circle)

Home loan proposals, falling beyond the discretionary powers of Sanctioning Authority at RACPC / RASMECC /LPC /RACC, received under PAL will be scrutinized by RACPC / RASMECC /LPC /RACC and after completing all formalities like KYC compliance, CIBIL verification etc., RACPC/RASMECC/ RACC / LPC will put up the proposal to the appropriate authority, as per Authority given below, for approval for issuance of PRE-APPROVED LIMIT (PAL).

2. PAL will also be extended in case oftakeover of home loans.

3. Salient features of the scheme are: Minimum limit amount under this facility would be Rs. 10 Lacs. All the documents prescribed for Home Loan, except property documents would be collected from

the applicant along with the application form. KYC formalities including visits to residence and workplace, verification of income proof to be

completed on submission of the file to the RACPC. CIBIL credit report will be verified. RACPC will assess the loan eligibility on the basis of income details of the applicant. Sanction of pre-approved Home Loan limit will be advised to the borrowers through a “Pre-

approved Loan Arrangement Letter (PLAL)” . Non-refundable processing fee as applicable to the Home Loan will be collected upfront.

3. Characteristics of Pre-approved Loan Arrangement Letter (PLAL):i) PLAL will be valid for a period of 3 months. The Home Loan application along with the relative property document will be required to be submitted by the borrower within the validity of PLAL. Since the processing fee in such cases is collected upfront, it will not be levied again.On the expiry of the validity period, fresh sanction should be obtained from the appropriate sanctioning authority. In case a request for revalidation is received from the customer and 50% of the applicable Processing Fee would be recovered for each revalidation of sanction.ii) The Interest Rate prevailing on the date of issue of Pre-approved Loan Arrangement Letter will not be protected. The Interest Rate prevailing on the date of sanction of Home Loan will be applicable.iii) PLAL will carry a clause that Home Loan will be sanctioned on the basis of PLAL only if there is no change in the CIBIL credit report which is perceived to be adding to the risk assessed by the Bank at the time of issuing PLAL.iv) PLAL will be issued under the dual signatures of the processing officer as well as the sanctioning officer for the Home Loan proposals falling under the discretionary powers of RACPC.

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SBI ASSET BACKED LOAN FOR RESIDENTIAL HOUSING (ABL-RH) (17)(Cir. No.NBG/RE,H^HD-HL/43/2017 – 18 Date: Mon 27 Nov 2017)

HL MASTER CIR AS ON 31012019

Target Group : Proprietorship/Partnership/Company

Purpose : Creation / Acquisition of Residential Real Estate.

Nature of facility : Fund Based and Non Fund Based – NFB facility can be given; however, LTV ratio has to be maintained for the aggregate limits (FB+NFB) @ 60%,

Type of loan : Drop-line Overdraft facility

Eligible Customers : Existing Customer already availing credit facilities from us. New units with marketable assets to offer as security. Takeover of existing units from other Banks/ FIs with satisfactory track record. (Credit Information Report to be obtained)

LTV% Immovable property : 60% of the realizable value

Loan Amount Minimum loan amount: Rs.50 lakhs. Maximum loan amount: Rs.100 crores Only at Mumbai, New Delhi and NCR, Chennai, Ahmedabad, Bangalore, Hyderabad and Pune centres. Further, these proposals / loans will be handled by RMREs and will be parked only in identified branches where RMRE services are available.Rs.50.00 crores for other centres, where RMRE is posted or RMME identified to handle REH business otherwise maximum loan will be Rs.5 crores.Exposure above the Maximum Limit mentioned above is permitted with the approval from the Group Head.

For funding at NBG, project size should be maximum of Rs.500 crores & Rs.1000 crores for Sole Banking arrangement and Consortium / Multiple Banking arrangement respectively.

Margin : Minimum 25% of the deficit as per Project Cash Flow.

Sanctioning Authority : As per delegation of financial power for Term Loan.

Interest Rate MCLR-one year (floating) + 305 bps Additional 20 bps concession for the unit having ECR of “BBB” & above. Under Sah-Nirman Arrangement, the additional concession can be extended up to 25 bps for all

other projects and for Affordable Housing Projects, concession can be extended up to 35 bps and should be extended to the Company back ended only on annual basis as per Circular No e-CircularNBG/RE,H^HD-BF/15/2017-18 dated 19.06.2017 based on our Home Loan penetration in the project.

Security Collateral : Eligible security Immovable property (compliant under SARFAESI Act) pertaining to unit, its proprietor/partners/ directors or their near relatives. Near relatives will cover Father, Mother, Spouse, Son, Daughter, Real Brother & Real Sister.

Immovable property (compliant under SARFAESI Act) standing in the name of Associates/Group companies / Joint Venture Holders can also be taken as collateral security subject to compliance with Company’s Act. Legal opinion in such case may be vetted by the Law Officer at ZO/LHO.

Leased property cannot be taken as security. However Residential / commercial property constructed on land leased by statutory government bodies / Government Development Authorities may be permitted. However, industrial property / land / plots both leased & freehold cannot be taken as security for ABL-RH.

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Assessment of The credit limits : Loan assessment will be based on the projected cash flow of the project. The limit will be fixed at 75% of Peak deficit for the project. The limit can be given by combining the existing ongoing projects. Negative lien / NOC also to be stipulated for ongoing projects, cost of which have been included for assessment of the credit limit.

Financing for fixed assets required for construction activity along with project loan is permitted. The Cost estimates of the project are to be vetted by the Bank’s empanelled Engineer.

Disbursement The loan will be disbursed after registration of the project with RERA authority as per acts of respective States / UTs, if applicable. Branch should ensure that all mandatory permissions / approvals for the project are in place before disbursement.

Repayment Drop-line Overdraft: Limits can be sanctioned for a period of 12 months to 84 months including the moratorium with

either Equated Reduction in limit or customized reduction in limit depending upon the cash accruals as per projections, size of the project and date of completion of the project.

Interest to be serviced monthly in case of moratorium. The drawing power shall be reduced so as to have the overdraft liquidated at the end of the period

in line with the projected or actual cash budget and sale of flats / apartments. Regular transactions are permitted up to drawing power available. No over-drawings permitted. DSRA equivalent to 3 months’ instalments & Interest to be built up during moratorium period and

before commencement of instalments in ESCROW account / STDR. Further, outstanding in the ESCROW account / STDR should be 3 months’ interest on the drawn outstanding at any point of timeduring the moratorium period.

Documentation Arrangement Letter, DP Note, DP Note Take Delivery Letter, Yearly Affidavit, MOU for Tie up of the Financed Project, Document for Negative Lien on the project land and SME Documentation as applicable.

Renewal / Review : No renewal of limit. Review has to be carried out annually and put up to the sanctioning authority under whose powers

total / aggregate exposure to the borrowing unit / entity falls. Quarterly review of ABL-RH loans (As per Annexure-III) to be done till the completion of the

project and put up to GM (NW). In case of delayed projects, this review should be on monthly basis. Restitution / enhancement in limits not permitted.

Enhancement in limits : Not permitted. Fresh ABL-RH limit for another project can be sanctioned based on the cash flow of the new project, subject to LTV at 60% of the Exposure [Outstanding of Existing Loan + Proposed Fresh Limits).

HL MASTER CIR AS ON 31012019

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BUILDER FINANCE FOR RESIDENTIAL HOUSING PROJECTS (18)(NBG/RE,H^HD-BF/57/2017 – 18 Date: Mon 26 Feb 2018)

Builder Finance Proposals:Administrative Approval – Cir dt 080119HL MASTER CIR AS ON 31012019

30032019 & 15042019 OPAS 22042019 Modifications Cir Sl.No. 268 Dated 31052019

1 Scheme Builder Finance for Residential Housing Projects.2 Target Group Real Estate Developers / Builders - Prop / Partnership / Company3 Purpose Construction of Residential Projects. [Where residential portion in the project is more than 50% of the Floor Area Ratio (FAR)].4 Eligibility Criteria (i) For (i) For Loan upto Rs.50 crores: Real estate developers with a rating of SB7& better in case of existing connection and in case of new connection, SB-06 & better.(ii) For Loan above Rs.50 crores, External Rating is mandatory and ECR/CRA norms are as under:Loan Amount ECR CRA

New Connection Existing ConnectionFrom Rs.50 crores to Rs.100 crores Min BB SB-6 SB-7

BBB & Better SB-7 SB-9Above Rs.100 crores BBB & Better SB-7 SB-9(iii) Where Projects are rated, the project should have been rated minimum “STAR 5” rating in the scale of 0-7.For Loans above Rs.50 crores, if the ECR is not available at the time of sanction, company must get ECR rating done within 3 months of sanction otherwise a penal interest of 1% has to be recovered till the date of obtention. If the unit gets the ECR below the prescribed rating, interest rate to be increased by 0.50%.(v) For loans above Rs.10 crores –Turnover achieved as per Audited Balance Sheet in any two of the preceding three financial years by the entity / group to which the borrowing entity belongs to should be

Min. Rs.50 cr., for builders operating mainly from major cities (Mumbai, New Delhi and NCR, Chennai, Kolkata, Ahmadabad, Bangalore, Hyderabad and Pune).

Min. Rs.25 cr. for builders operating from other major cities. ORCost of construction as per Audited Balance Sheet in any two of the preceding three financial years by the entity / group to which the borrowing entity belongs to should be

Min. Rs.30 cr., for builders operating mainly from major cities (Mumbai, New Delhi and NCR, Chennai, Kolkata, Ahmadabad, Bangalore, Hyderabad and Pune).

Min. Rs.15 cr. for builders operating from other major cities. ORArea of construction (residential / commercial) during the preceding three years (aggregate) by the entity / group to which the borrowing entity belongs to, should be minimum two lakhs sq. ft. and this should be verified from RERA site / Liases-Foras, Proptiger or other real estate reports.(vi) The borrowing entity /promoters/group should have been in existence for a minimum period of 3 years and has experience in development of Residential/Commercial projects.(vii) Satisfactory CIBIL check for promoters (Score of 650 and above). (viii) In case of commercial CIR, company & its Subsidiary / Associate should not have any due other than standard outstanding.

5 Loan Exposure Minimum: Rs.1.00 crore.5 times the NOF for loans up to Rs.25.00 crores, 3 times NOF for loans above Rs.25.00 crores[NOF includes capital and unsecured loans from Directors / Promoters subordinated to Bank debt].

All the proposals / loans will be handled by RMREs only in NBG. In centres where RMREs are not posted, RMMEs identified by Circle Management Committee for handling RE business will handle the proposals in NBG till full-fledged RMRE is posted, depending on the business potential at the centre. The account will be mandatorily parked only in identified branches where RMREs / Designated RMMEs services are available, Otherwise maximum loan limit will be Rs.5 crores.

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6 Assessment of the Limit1.a. For Limit from Rs.1 crore to Rs.10 crores:Maximum 50% of the Peak Deficit based on the projected cash budget [Deficit = Cost of the project (including the value of land as per sale / lease deed) less advance / deposit received / receivable (Both already booked and new Bookings from customers), etc.].b. For Limit above Rs.10 crore to Rs.25 crores:For 7 major cities e.g. Mumbai, New Delhi and NCR, Chennai, Ahmadabad, Bangalore, Hyderabad and Pune: Maximum 70% of the Peak Deficit based on the projected cash budget [Deficit = Cost of the project (including the value of land as per sale / lease deed) less advance / deposit received / receivable (Both already booked and new Bookings from customers), etc.].For other cities: Maximum 50% of the Peak Deficit based on the projected cash budget [Deficit = Cost of the project (including the value of land as per sale / lease deed) less advance / deposit received / receivable (Both already booked and new Bookings from customers), etc.].c. For Limit above Rs.25 crores:Maximum 70% of the Peak Deficit based on the projected cash budget [Deficit = Cost of the project (including the value of land as per sale / lease deed) less advance / deposit received / receivable (Both already booked and new Bookings from customers), etc.].2. Subject to the following conditions:i. The advance from the new bookings estimated in the means of finance, should not be more than 30% of the sales.ii. Advance from customers should be as per cash budget submitted at the time of proposal. Any shortfall to be brought in upfront by the promoters at the time of each construction linked disbursement.iii. Sale velocity of flats/apartments in the project location / area has to be taken into account while accepting the estimated advance from the customers.iv. The processing / assessing officers should verify / ascertain the sources of promoter’s stake & Builder’s capacity to bring in the required margin in case the advances from customers is not forthcoming as per the projections.v. Past track record and Promoter’s / developer’s creditworthiness has to be ascertained.vi. No existing projects of the builder are stalled in the past and / or delayed by more than one year from the date of launch or date of last approval for construction, whichever is later.vii. If the advance from the customers in respect of already booked units is not received as per estimates, promoter has to bring deficit amount in the form of margin.viii. Receipts of advance of more than 5% in 8 cities (Mumbai, New Delhi & NCR, Chennai, Kolkata, Ahmadabad, Bangalore, Pune and Hyderabad) and 10% for other cities is considered as confirmed booking in the project.

8. Security i) Mortgage (assignment of leasehold rights in case of leasehold land) of the project land and present & future built up area in project financed by the Bank.ii) Hypothecation of the movable assets / stocks/work in progress of the project.iii) Charge on the cash flows / receivables from the project by way of hypothecation.iv) Personal guarantee of directors / partners / corporate guarantee of Group companies.v) Right to step in or sell the stock at discounted price at specified events (in case of default and overdue for maximum 60 days)vi) In case primary security is required to be waived, tangible collateral to be obtained as per following:Minimum 150% of the loan amount if the limit sanctioned is up to Rs.25 crores.Minimum 125% of the loan amount if the limit sanctioned is above Rs.25 crores.HL MASTER CIR AS ON 31012019BUILDER FINANCE PROPOSALS: IN-PRINCIPLE ADMINISTRATIVE APPROVAL – 110619 PRODUCT CODES 04062019 PRODUCT CODES IN CBS – 240619 PRE EMI-INTEREST BY BUILDERS SCHEME – 02082019 EBLR WEF 01102019 CIR DT 19102019

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SBI GRIH NIRMAN PROJECT FINANCE SCHEME FOR AFFORDABLE HOUSING PROJECTS (19)

( Circular No.: NBG/RE,H&HD-HL/58/2017 – 18 Date: Wed 28 Feb 2018)HL MASTER CIR AS ON 31012019

Modifications Cir Sl.No. 268 Dated 31052019

Government of India has conferred Infrastructure Status to Affordable Housing to encourage investment in this segment and to enable the builders to avail the associated benefits, including 100% Income Tax exemption under section 80-IBA. Affordable Housing is one of the thrust areas of Govt and to promote affordable housing, the Government has come out with various initiative.

2. In terms of Government of India guidelines, a project will be eligible to be classified as an Affordable Housing Project, if it complies with the following conditions:a) The project is approved by the competent authority after the 1st day of June’2016, but on or before the 31st day of March’2019;b) The project is to be completed within a period of five years from the date of approval by the competent authority; provided thati. where the approval in respect of a housing project is obtained more than once, the project shall be deemed to have been approved on the date on which the building plan of such housing project was first approved by the competent authority; and ii. the project shall be deemed to have been completed when a certificate of completion of project as a whole is obtained in writing from the competent authority.c) The carpet area of the shops and other commercial establishments included in the housing project does not exceed 3% of the aggregate carpet area.d) The project is on a plot of land measuring not less than:i. 1000 square meters, where the project is located within the cities of Chennai, Delhi, Kolkata or Mumbai; orii. 2000 square meters, where the project is located in any other placee) The project is the only housing project on the plot of land as specified in item No. (d);f) The carpet area of the residential units comprised in the housing project does not exceed:i. 30 square meters, where the project is located within the cities of Chennai, Delhi, Kolkata or Mumbai; orii. 60 square meters, where the project is located in any other place.g) The project utilizes: i. not less than 90% of the Floor Area Ratio permissible in respect of the plot of land under the rules to be made by the Central Government or the State Government or the local authority for Affordable Housing as per item No. f(i), or ii. not less than 80% of such Floor Area Ratio permissible in respect of the plot of land under the rules to be made by the Central Government or the State Government or the local authority for Affordable Housing as per item No. f(ii).

3. Interest Rate EBLR WEF 01102019 CIR DT 191020194. Upfront Fee is 70% of the applicable rate for Term Loan.

5. All other operating instructions will be as per the scheme “Builder Finance For Residential Housing Projects” except the Internal rating mentioned at para 4 under Eligibility Criteria, details of which are as under:(i) For Loan upto Rs.50 crores: Real estate developers with a rating of SB-8 & above in case of existingconnection and in case of new connection, SB-06 & above.(ii) For Loan above Rs.50 crores, External Rating is mandatory and ECR/CRA norms are as under:Loan Amount ECR CRA

New Connection Existing ConnectionFrom Rs.50 crores to Rs.100 Cr Min BB SB-6 SB-8

BBB & Better SB-7 SB-9Above Rs.100 crores BBB & Better SB-7 SB-9

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BUILDER TIE UP LOANS (20)NBG/RE,H&HD-HL/25/2018 – 19 Date: Sat 15 Sep 2018) & 43/2018 – 19 Date: Tue 27 Nov 2018)

FLEXIBLE MARGIN PAYMENT OPTION SCHEME (FMPOS) CIR 191118 & CIR 220119 Pre-EMI Interest by Builders Scheme - Refer HL MASTER CIR AS ON 31012019

NON- BTU PROJECT AGAINST WHICH MORE THAN 10 Hls SANCTIONED 29082019 EBLR WEF 01102019 CIR DT 19102019

Discontinuance of Home Loans in Non-Reviewed Projects under Builder Tie-Ups 08112019

With RERA stabilising fast across the country and all RERA-registered projects undergoing stringent process for complying regulatory requirements, a need has been felt to align our policy guidelines on Builder Tie-Up with RERA norms. Besides, current Annual Review process for Builder Tie-Up is time consuming and stifles the seamless flow of home loan business from approved projects.2. In light of implementation of RERA at majority of states and all UTs, and to attract more projects under Tie-Up by simplifying Builder Tie-Up process, we have brought in following amendments concerning policy guidelines on Builder Tie-Up:

a) The project completion period noted by the builders with RERA while registering their projects in RERA will be acceptable not exceeding 60 months including the extension given by RERA. As per RERA guidelines, builders have to give a specific timeline, within which they undertake to complete the project or phases. This timeline should strictly be adhered to, while approving the project. This period can be extended by the RERA authority only. In such cases of extension by RERA, Administrative Approval from DGM (B&O) should be obtained for the Project Tie-Up.b) The Builder’s adherence to the Project completion schedule should be satisfied on the basis of promoters’ track record in timely completion of their last three completed Projects.c) Registration of projects with RERA of the state is MANDATORY in all states/UTs concerned, wherever RERA has been notified and has come into force. However, in states and UTs where RERA has been enacted but full-fledged work is yet to start due to lack of infrastructures and manpower, residential projects in these states and UTs can be approved based on the RERA registration application number of projects. However, Home Loan proposals under these projects will be processed and sanctioned only after obtaining RERA registration number. Rationale: To align with RERA guidelines on project completion period and to facilitate Projects Tie-Up based on RERA application number to prevent loss of business during the transition period of RERA, and thereby onboarding maximum RERAregistered projects under BTU.

Validity of Approval: The validity of the Tie-Up will continue for the duration of the Project, viz; as long as the sales are taking place in the Project. The first Review should be done by the Builder Tie-up Approving Authority at an interval of 36 months or earlier if the builder wants to increase the selling price of the flats. However, operating units will carry out annual “quick review” as per the format (Annexure-A) to analyze performance under Builder Tie-Up. A business decision may be taken by the Approving Authority accordingly for continuance of the Tie-Up relationship with the Builder or otherwise. However, a simple project review has to be put up to the DGM(B&O) about status of project implementation, at yearly interval. Rationale: Extending project review period to 36 months will help us receive uninterrupted Home Loan proposals from the project and introducing “Quick review” will speed up project review process. This will also ensure adhesiveness with approved projects and open up opportunity for takeover proposals.Subsequent Search: Project Approval Cell (PAC), now renamed as Builder Relation Team (BRT) /RACPC should obtain Encumbrance Certificate(EC) every year (in states/UTs where available) at the time of Quick review of the project to verify the status of encumbrance of the Project land. In states/UTs where issuance of EC is not in vogue, fresh TIR for the intervening periods has to be obtained for quick review . The report should be uploaded at Builder Tie-Up site by BRT/RACPC immediately on receipt. A Daily list for subsequent Periodical EC should be maintained by BRT/RACPCs and request for subsequent search should be sent to the Advocate regularly. Rational: Obtaining EC in lieu of search report at the time of quick review of project will save time otherwise spent on getting search report, apart from expediting project review process. This will also simplify documentation process required for reviewing approved project thereby attracting more and more projects into our fold.

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SBI EXLUSiF (21)(NBG/RE,H&HD-HL/37/2018 – 19 Date: Sat 3 Nov 2018)

HL MASTER CIR AS ON 31012019

SBI was the first Public Sector Bank to venture into Wealth Management initiative – ‘EXCLUSiF’ in 2016 with an objective to provide total financial solution to HNI / High– end customers through specialized & dedicated e-Wealth centres / Wealth- Hubs located in Metros/Urban centres.

Brief about Wealth Management :Wealth Management is targeted at the upwardly mobile and elite customers. Following are the eligibility criteria for Exclusif customers (customer fulfilling any of these conditions):(i) Total Relationship Value (TRV) of more than Rs 30 lacs (deposit+MF+Demat) with the Bank (Rs 50 lacs for family)(ii) Net Salary credit of more than Rs 2 lacs per month (Rs 3 lacs for family)(iii) Home loans of more than Rs 1 Cr (Rs 1.50 Cr for family)(iii) For new acquisition- Rs 10 lacs of initial deposit with potential to scale it up to Rs 30 lacs.

Eligible customers : Existing Exclusif customers and New Exclusif customers (to be onboarded) in following categories:i. Salaried with pensionable job ii. Salaried without pensionable job iii. Non-SalariedBoth RM (Wealth Management) and HLST Executive will coordinate for sourcing from Existing as well as New Exclusif customers.

Schemes under offer : (i)Salaried with Pensionable job :If age is upto 45 yrs - Flexipay or Privilege/Shaurya Home loanIf age above 45 years – Privilege/Shaurya Home loans(ii)Salaried but Non-pensionable:If age is upto 45 yrs - FlexipayIf age above 45 years – Normal Home loans(iii)Non-Salaried Exclusif customers:Differential Offerings to non-salaried scheme

Maximum permissible Home loan & Mini age/Maximum age : As per respective Schemes

Loan tenure & ROI : As per respective Schemes

Minimum loan amount criteria : No minimum limit for Existing Exclusif customers. For New Exclusif customers: Home Loan of more than Rs 1 cr

CIBIL score : As per the scheme

Furnishings & Interiors : 15% of the cost of the house/flat subject to maximum Rs 50 lacs.However, the maximum loan amount will be restricted to the stipulated LTV Ratio. The cost of interiors / Modular Kitchen /Fixtures / Furnishing etc., which add-up to the realizable value of the property, will be added to the agreement value/project cost for arriving at project cost and LTV.

Product Code : No separate product code is necessary to extend home loan under SBI EXCLUSiF home loan scheme. However, scheme code viz., “9135-SBI EXCLUSIF” should be used to open home loan account in CBS under SBI ‘ EXCLUSiF’ Home Loan Product.

The above scheme will be applicable to all Metro & Urban centres, where Wealth-Hubs are located.

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YONO : PROJECT LOTUS INITIATIVE e2e DIGITISATION OF HOME LOANS (22)HL MASTER CIR AS ON 31012019

With a view to be in sync with the on-going disruptive innovations in banking and technology, YONO App was conceptualised under Project Lotus. Redesigned Retail Loan journeys in self-service mode through YONO App/Portal and in assist mode through branches are being re-imagined with twin objective of creating customer delight and improving operational efficiency.

1 Objective of Home Loans on YONO (Presently available for existing customers. At a later stage, new to bank customers will also be offered home loans on YONO)Offer instant in-principle approval for home loan to our existing customers, on YONO App/Portal. Customer can also view details/features of all the home loan products of our bank.

2 About Home Loans on YONOHome Loans on YONO is a digitised process for home loan application, for identifying best suitable product for the customers and for giving instant inprinciple approval. Instant in-principle approval is accorded on the basis of digital verifications for Credit Bureau. Automated calculation of risk score as per Risk Scoring Model (RSM), based on customer input is also done. Once customer gets inprinciple approval, the loan application is allotted to HLST (for BPR branch) and Branch (for Non-BPR Branch), as per his/her selection of the preferred branch, who in turn is required to collect the documents and to continue the home loan process in LOS, as per existing process/instructions.

3 Pre-requisites to start home loan application process on YONO to get instant inprinciple approval1.Applicant and co-applicant should be existing customer of SBI. New to Bank customer can open account, may be through YONO, and subsequently, may apply for home loan on YONO.2.Applicant’s PAN should be available in CIF in CBS. Also, his date of birth and mobile number should beavailable and correct in CBS.3.Applicant should be above the age of 18 years.4.Applicant(s) should be Resident Indian.5.There can be maximum two applicants, one applicant and one co-applicant, for home loan application onYONO.6.Applicant(s) existing loan account(s), if any, should be regular (IRAC 0 or IRAC 1), as per CBS. All theabove mentioned pre-requisites are verified through CBS, in real time manner, when customer clicks on“Apply Now”. For the co-applicant as well, all the pre requisites are verified from CBS, failing which, coapplicant cannot be added.

4 Process Features Process starting from initiation of home loan application on YONO App/Portal to final approval of home loan in LOS is broadly divided into 3 parts:• Home Loan application process for customer on YONO App/Portal • Viewing home loan application details in CRM • Home loan process in LOS for:i. Applications initiated and completed on YONOApp/Portal and have received inprinciple approval.ii. Applications initiated on YONO but left incomplete or applications originated on LOS - both type ofapplications will be handled in assist mode.

The detailed process involved in each of the above stage for easy understanding of the staff is elaboratedin the above referred HL MASTER CIR AS ON 31012019 Page No(s). 450-452.

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NRI HOME LOANS (23)(HOME LOAN TO NON RESIDENT INDIANS (NRIs) AND PIOs HOLDING A FOREIGN PASSPORT)

HL MASTER CIR AS ON 310120191. Purpose :As per Home Loan Scheme

2. Eligibility :Individual (s) over 18 years of age with a steady source of income who • are Non Resident Indians (NRIs) holding a valid Indian passport • are persons of Indian Origin (PIOs) holding a foreign passport NRIs eligible for Home Loans under the Scheme may include(i) NRIs, with total work experience of 2 years in India or abroad, who have taken up jobs/professions/other economic activity abroad for better prospects (ii) NRIs with a job contract for a minimum period of 2 years abroad after completion of 6 months in the employment [AGM (Region)/AGM Branch may permit deviation in the Minimum tenure abroad] and presently holding a valid job contract /work permit.(iii) Indian citizens working abroad on assignments with foreign Governments/ government agencies or International/Regional Agencies like the UNO, IMF, World Bank, working with Merchant Navy etc., Officials of the Central and State Governments and Public Sector Undertakings deputed abroad on temporary assignments or posted to their offices (including Indian Diplomatic Missions) abroad.

3. Loan Amount: Minimum: Rs. 3.00 lacs Maximum: Maximum permissible loan amount would be determined by EMI/NMI ratio and LTV ratio criteria as applicable to regular Home Loans scheme for Resident Indian customers. Clubbing of income of co-borrowers/guarantors and expected rent accruals on proposed property will be permitted as per the norms specified for Home Loan scheme for residents.3.1 Maximum LTV Ratio: For Salaried Customers: Loan Amount LTV Ratio Upto Rs.75 lacs 80% Above Rs.75 lacs 75%For Non-Salaried Customers: Loan Amount LTV Ratio Upto Rs.75 lacs 75% Above Rs.75 lacs 70%(Ref. : e-Circular No. NBG/PBU/HL-HOME LOANS/8/2015-16 dt 13.05.2015)3.2 Loans for repairs/renovation : The maximum loan amount should be normally limited to Rs.10 lacs. Loans exceeding this amount require prior administrative clearance from the GM of the network, in all cases where sanctioning authority is an official of a lower grade.3.3 Furnishings and interiors : As per Home Loan Scheme3.4 Sanction of Loans / Administrative Clearance : As per Home Loan Scheme3.5 Houses / Flats over 15 years old : As per Home Loan scheme.3.6 Facility: Term Loan and Maxgain (As per Home Loan Scheme)

4. Security : (a) Normally equitable mortgage by deposit of title deeds should be obtained.

5. Repayment : The repayment by way of EMI will be determined on the basis of the current rate of interest. Repayment of the loan is required to be made by the borrower within a maximum period of 30 yearssubject to the stipulation that the loan should be liquidated by the age of 60 years or by the age of retirement, whichever occurs earlier. The AGM (Region)/(Branch) may permit the repayment of loan upto the age of 70 years provided the approving authority is satisfied about the continuity of the income. For example many NRIs are working in multilateral organizations like ADB, UNICEF, which offer pension benefits whereas in some cases retirement age of NRIs are more than 60 years.

6. Rate ofInterest :NBG/RE,H&HD-HL/11/2019 – 20 Date: Thu 18 Apr 2019

7. Take-over of Home Loans : As there is no restrictive covenant in this regard by RBI, take-over of loans from other Banks/ Housing Finance Companies is permitted, subject to completion of due diligence as per the Take over norms of Home Loan Scheme

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LOAN AGAINST TDRs, NSCs, KVPs & SECURITIES(emanual on P SEG ADV– GENERAL INSTRUCTIONS - OTHER SCHEMES)

RATE OF INTEREST : R&DB/CD&e-COM/Demand loan/4/2018 – 19 Date: Fri 14 Sep 2018 Delegation of Financial Powers – Loans against SBI LIFE/ LIC / MF/ DAF - 06062019 ACCEPTANCE OF INVESTMENTS IN SELECT SBIMF AS COLLATERAL 200619

S.NO. SCHEME CIRCULAR REFERENCE (S)

1 LOAN AGAINST TERM DEPOSITS

LOAN AGAINST BANK’S OWN TIME DEPOSIT BY NON-HOME BRANCHES

DL AGAINST TDR ABOVE RS. 50 LACS

DL AGAINTS THIRD PARTY TDRSTO INDIVIDUALS

LOAN AGAINST TDRS NPA RECOGNITION

Avoid any OD/DL against Term Deposit becoming NPA

NBG/SMEBU-LOANTDR/41/2015 - 16Thursday,October 08,2015.

Int. Rates Cir dt. 200818

NBG/PBU/PL-PERLOANS/18/2015 -16Friday,June 26,2015

NBG/PBU/PL-TDRLOANS/2/2018 - 19Date: Fri 20 Apr 2018

NBG/PBU/PL-TDRLOANS/29/2018 - 19Date: Thu 16 Aug 2018

R&DB/CD&e-COM/Demand loan/7/2018 – 19 - Date: Mon 25 Feb 2019

R&DB/PBU/2/2019 – 20 - 170619

2 LOAN AGAINST NSC/KVPOVERDRAFT FACILITY

NON-ADHERING TO BANK’S LAID DOWN INSTRUCTIONS

NBG/PBU/PL-LOAN NSC//38/2014 -15Thursday,September 25,2014

R&DB/CD&e-COM/Demand loan/3/2019 – 20 Date: Fri 23 Aug 2019

3 LOAN AGAINST MUTUAL FUND UNITS (EQUITY/ HYBRID / ETF/ DEBT /FMP)

NBG/PBU/PL-LAS/88/2016 - 17Monday,February 27,2017 Dt 280518

4 LOAN AGAINST FINANCIAL SECURITIESWITHDRAWAL OF SOME SCHEMES

NBG/PBU/PL-LOAN NSC//5/2017 - 18Date : Monday 22nd May 2017

5 LOAN AGAINST SOVEREIGN GOLD BONDS (SGBs) HELD IN

PHYSICAL & DEMAT FORM

NBG/PBU/PL-PERLOANS/52/2017 - 18Date: Tue 9 Jan 2018

Dated 280518 Dated 090818

6 LOAN AGAINST SBI DUAL ADVANTAGE FUND (DAF)

NBG/PBU/PL-PERLOANS/54/2017 - 18Date: Mon 15 Jan 2018

7 LOAN AGAINST MUTUAL FUND UNITS (LAMFU)

NBG/PBU/PL-LOAN AGAI/57/2017 18Date: Fri 19 Jan 2018

8 LOAN AGAINST SHARES (ON-LINE) NBG/PBU/PL-LOAN AGAI/69/2017 - 18 Date: Tue 13 Mar 2018

9 SOP ON PLEDGE OF SHARES Date: Fri 16 Mar 2018CCO/CPPD-ADV/118/2018 - 19

Date: Thu 29 Nov 2018

10 LOAN AGAINST LIC POLICIES Monday, October 05,2009

11 LOAN AGAINST EQUITY SHARES Date: Sat 5 Jan 2019

12 LOAN AGAINST SBI LIFE INSURANCE Interest Cir dt 14092018

******

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Please note that the details given in this Booklet cannot supercede any Bank's Instructions/circular guidelines

and strictly for INTERNAL CIRCULATION ONLY.

It is only an attempt to provide the gist of all RETAIL ASSET Products at one place to enable the staff to get the details of all RETAIL ASSET Products at a glance.

Please refer and follow the Bank's instructions, circular guidelines issued time to time, while processing/sanctioning PER advances.

Please give your suggestions/feedback........

ANV SubbaraoChief Manager (Training)

SBILD, Masulipatnam

Contact No. 99491 30750email address: akana.venkata@sbi.co.in

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