SAINIK-PLUS SCHEME
"They give their lives so that others might live "
Loans under Sainik Plus may now be covered under Prashasan Plus.
For all those who are ready to lay down their lives for their motherland, SBI is proud to offer Sainik Plus with special discounts on processing fees, interest rates and margin amounts on various finance schemes. This is available for all Non Commissioned Officers (NCOs) and Jawans of Indian Army .
Enjoy the SBI advantage :
* Concessions in margin amounts, interest rates and processing charges!!
* Lowest interest rates. Further, we charge interest on a daily reducing balance!!
*Lowest processing charges; only 1% of loan amount - compare with 1-3% of others.
*No hidden costs or administrative charges..
*No prepayment penalties. Reduce your interest burden and optimally utilize your surplus funds by prepaying the loan.
* Flexible repayment period.
The Scheme :
Through Sainik Plus, you can avail of concessions in the rates of interest, processing charges and margin amounts in the following schemes :
* Personal Loan
* Festival Loan
* Housing Loan
Eligibility :
This scheme is open for all NCOs and Jawans of the Indian Army.
Documents Required :
To avail of loans under the Sainik Plus scheme - you will need to submit the following :
* Certificate from the CO confirming your salary and identity.
* Photocopy of your identity card along with the loan documents.
* Undertaking from the CO to remit your salary every month with SBI.
*In case your unit is subject to frequent movement/transfer, a third person guarantee either from a person in the same unit or one of their relatives residing at that place.
"They give their lives so that others might live "
Loans under Sainik Plus may now be covered under Prashasan Plus.
For all those who are ready to lay down their lives for their motherland, SBI is proud to offer Sainik Plus with special discounts on processing fees, interest rates and margin amounts on various finance schemes. This is available for all Non Commissioned Officers (NCOs) and Jawans of Indian Army .
Enjoy the SBI advantage :
* Concessions in margin amounts, interest rates and processing charges!!
* Lowest interest rates. Further, we charge interest on a daily reducing balance!!
*Lowest processing charges; only 1% of loan amount - compare with 1-3% of others.
*No hidden costs or administrative charges..
*No prepayment penalties. Reduce your interest burden and optimally utilize your surplus funds by prepaying the loan.
* Flexible repayment period.
The Scheme :
Through Sainik Plus, you can avail of concessions in the rates of interest, processing charges and margin amounts in the following schemes :
* Personal Loan
* Festival Loan
* Housing Loan
Eligibility :
This scheme is open for all NCOs and Jawans of the Indian Army.
Documents Required :
To avail of loans under the Sainik Plus scheme - you will need to submit the following :
* Certificate from the CO confirming your salary and identity.
* Photocopy of your identity card along with the loan documents.
* Undertaking from the CO to remit your salary every month with SBI.
*In case your unit is subject to frequent movement/transfer, a third person guarantee either from a person in the same unit or one of their relatives residing at that place.
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