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SBI Account

A brief Description

The SBI has introduced varieties of bank account s towards customers. The menu is having a series of products like Savings bank account for the benefits of the common man to save money with SBI and savings bank plus account, SBI account, Current account for business people, Salary account s for the sake of various government employees and also to help the private employees.

The SBI has moved in introducing PPF accounts, accounts for senior citizens and along with retired employees savings account s. The SBIaccount has also launched other products like government account s, which can serve for the government departments to maintain accounts with SBI. The demat account , corporate group account which seeks advantages for the corporate people, online banking account to operate with the help of Internet, online trading account s, which helps the trading people, Nostro and Forex trading account s for international banking purposes. The SBIaccount further added special products for NRIs staying in India like NRE, NRO. The other type of account by name Resident Foreign Currency (RFC) is the other product that has been introduced by the SBI. SBI Savings Account

In savings bank account, customers can made deposits, which are liquefied, safe and gets moderate rate of interest. This is to facilitate the customers to save money, which can be utilized at later time, when the money is needed very badly. SBI Current Account This account is to help the customers to have both ATM and Debit card facility. The customers will be provided with a cheque book containing a minimum of 25 leaves to draw money, when required. No charges are applicable. SBI No Frills Account The customers who are not able to provide minimum requirements of SBI the convenience provided for them is to maintain a minimum balance in their account and No service charges are applicable.

SBI Salary Account The SBI has made ease for the employees to draw the salary amount through the SBI accounts , where the salary amounts will be transferred from the employers account s. This facility reduces the burden of disbursement at the employers place. SBI NRI Accounts This type of account is intentionally launched for the sake of NRIs. Under this accounting type, NRE rupee accounts, NRO accounts, FCNR, savings bank and current account s can be opened from NRIs to make money transactions whenever needed by them. Fixed deposit accounts are also provided for NRIs. International Banking Accounts The SBI has launched a few accounts type to provide solutions for international banking services, which includes Nostro and Forex trading accounts and other latest products. Corporate Accounts Group The Corporate Accounts Group has been introduced by SBI to make convenience for the corporate people to operate accounts with SBI branches. Online Trading Accounts This product is to cooperate with the customers who have been registered from the SBI and after getting the registration by SBI ; the person will get online trading account. The customers under this facility can transact by means of online share trading business. The type of account is 3-in-1 online trading accounts. SBI Internet Banking Account This net banking facility has been generated by SBI to handle all SBI accounts through online by using Internet services. This will certainly reduce the customers precious time. Demat Account Through this type of Demat account which has been introduced by SBI , to convenience for share trading, investment in mutual funds and also helps for other equity and debenture derivatives and presentations. Government Accounts As the SBI is working under the instructions of the RBI, which represents the central government and also working as a co-agency for the transactions of internal branches of central government of India. All transactions related to government enterprise are maintained separately under the procedural functions of SBI. SBI PPF Account The PPF is a scheme, which was launched by the central government to invest under this scheme in central governments funds accounts and earn applicable benefits at the time of retirement or even before by surrendering the PPF account by anaccount holder. Under this the account holder will get income tax rebate. Business Current Account SBI provides current account facility customized for businessman with the convenience of easy fund transfer; clearing all bills quickly and quick clearance for outstation Cheque. SBI Account Opening The range of products that have been launched by SBI has helped different customers to transact well and expanded the basement of the SBI as one of the biggest bank in India. To know much about the account opening details and many more aspects of handling different types of accounts, the customers can contact through the official website of SBI, provided by www.propertykhazana.com just below this link. Through online facility, one can down load the SBIaccount opening form and can be registered with the help of website. The SBIaccount holders can avail the banking facilities at the personal computer, just by filling the SBIaccount numbers by using online service.

 

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