SBI India & Career Opportunity 23 January 2019


Friends, this is a very popular educational website in We Published daily educational newsNew jobs, CCC, Results, Call Letters, Jobs in Gujarat, Bank jobs in GujaratBank Jobs in IndiaGKGK GujaratCurrent Affairs, Daily Current Affairs, Latest Study Materials Useful Application in our site. Thanks for Visit.


SBI India & Career Opportunity: Getting Job in Bank is seen as one of the reputed jobs in India. Every year a huge number of students apply for Bank jobs all over India. So, all the candidates who aspire to get jobs in Banks and that too in SBI Bank are requested to go through the entire article. The following article will help you to get all details about the bank and also about the career opportunities in Banks.

The  SBI (State Bank of India) is a popular bank in India. The bank was formed in the 19th century. Later the bank was absorbed with the Imperial Bank. In 1955  Government of India nationalized the Imperial Bank along with the Reserve Bank of India then the bank was named SBI.

The SBI is India’s largest commercial bank. The bank has worked hard in providing utmost customer comfort to the best possible extent. The SBI Bank has more than 16,000 branches All over India. Not only in India SBI also has 131 branches in 32 countries outside India.

State Bank of India Services

State Bank of India Services provides various different services than other Banks. State Bank of India Services includes a List of products and services to suit all types of consumers.

  • Banking Subsidiaries– The Bank has various Subsidiaries like State Bank of Bikaner and Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Indore (SBIr),State Bank of Mysore (SBM), State Bank of Patiala (SBP), State Bank of Saurashtra (SBS) and State Bank of Travancore (SBT).
  • Foreign Subsidiaries – State bank of India International (Mauritius) Ltd., State Bank of India (California), State Bank of India (Canada) and INMB Bank Ltd, Lagos.
  • Non- banking Subsidiaries – SBI Capital Markets Ltd (SBICAP), SBI Funds Management Pvt Ltd (SBI FUNDS), SBI DFHI Ltd (SBI DFHI), SBI Factors and Commercial Services Pvt Ltd (SBI FACTORS) and SBI Cards & Payments Services Pvt. Ltd. (SBICPSL)
  • Joint projects – SBI Life Insurance Company Ltd (SBI LIFE).

Products & Services

The Service Provided by SBI Bank are as follows:

  • Personal Banking
  • NRI Services
  • Agriculture
  • International
  • Corporate
  • SME
  • Domestic Treasury

SBI Retail Banking

Service provided by SBI  under Retail Banking are as follows :

  • Term Deposits
  • Recurring Deposits
  • Housing Loan
  • Educational Loan
  • Personal Loan
  • For Pensioners
  • Against Mortgage of Property
  • Against Shares & Debentures
  • Plus Scheme
  • Medi-Plus Scheme
  • Rates of Interest

State Bank of India Loans

State Bank of India Loans distribute the following loan-products through its wide network of branches in India and abroad. SBI also provide various Loans to employees in order to buy shares of their companies.

  • Home loans.
  • SBI Saral Personal loans.
  • Easy travel loans.
  • Gram Nivas scheme.
  • Car loan.
  • Education loans.
  • Property loans.
  • Loan to pensioners.
  • Loan against shares and debentures.
  • Loan for earnest money deposits.
  • Festival loans.
  • Medi-plus scheme.
  • Teachers-plus scheme.
  • Tribal -plus scheme.
  • Credit khazana.
  • Rent plus.
  • SBI career loans.

SBI Credit Cards Features

State Bank of India Credit Card offers various features in serving its huge wide customer base. The features are as follows:

  • The State Bank of India Credit Card also offers a Classic VISA card acceptable in India and Nepal. It supports all features provided by the VISA Card.
  • The current eligibility for applying for the State Bank of India Credit Card is  Rs. 75,000/- for salaried and Rs. 60,000/-  P.A. for businessmen.
  • SBI Credit Card is acceptable over Rs. 1,05,000/- merchants in India and Nepal.
  • The daily withdrawal limit is  Rs. 10,000/-.
  • SBI Credit Card comes with insurance of Rs. 2 lakhs on road and Rs. 4 lakhs by air.

SBI Life Insurance

SBI Life Insurance is a joint company of BNP Paribas Cardiff and the State Bank of India. SBI owns 74 percent of the overall shares and BNP Paribas Cardiff owns the remaining stake. The insurer has invested capital of Rs. 1000 crores/- and an authorized capital of Rs. 2000 crores/-.

SBI Life Insurance multi-distribution that includes the following Points:

  • Bancassurance partners
  • Institutional partnerships
  • Retail agencies
  • Corporate solutions distribution channels

Over the years SBI Life has been using its networks with the State Bank Group in order to market its products in combination with gifts such as personal loans and housing loans. The insurer can now reach more than hundred million State Bank Group customers across the country and this enables them to get across to people from different economic levels and regions across the country. It also more than eighty thousand insurance advisors in its agency channel that allows it to offer services on a regular basis.

SBI Life Awards and Recognition

Following are some of the major achievements of SBI Life Insurance in the year 2011-12:

  • ICRA awarded its iAAA rating thus pointing to the greatest ability to pay claims as well as a basically strong financial position
  • Received award of ‘Most Trusted Life Insurance Brand – II from The Economic Times, Brand Equity and Nielsen, Most Trusted Brands 2011
  • Won the IMC Ramkrishna Bajaj National Quality Awards 201 1- “Certificate of Merit”
  • Achieved world leader for the reputed Million Dollar Round Table (MDRT) for achieving  the maximum number of MDRT members, for consistent three years
  • Received the Silver Shield awarded ICAI for Excellence in Financial Reporting for FY 2010 – 11
  • CRISIL awarded its AAA Stable rating
  • Also Achieved Best Presented Accounts Award from the SAFA

SBI Life Corporate Social Responsibility

SBI Life has kept its brand reputation through programs that have reflected its focus on corporate social responsibility. The most famous projects of SBI Life Are  Gift Drishti, Read India Pledge, Gift Drishti Campus, and Read India Campus etc.

SBI Life Products and Services

The products provided by SBI Life Insurance can be distributed into various individual plans, health plans, and group plans. They can be further divided as follows:

  • Individual Plans
  • Unit Linked Plans
    • SBI Life – Smart Performer
    • Unit Plus Super
    •  Smart Horizon
    • Saral Maha Anand
    • Smart Scholar
    • Smart Wealth Assure
    •  Smart Elite
  • Child Plans
    • SBI Life – Scholar II
    •  Smart Scholar
  • Pension Plans
    • SBI Life – Annuity Plus
  • Protection Plans
    • SBI Life – Smart Shield
    • Swadhan
    •  Saral Shield
  • Savings Plans
    • SBI Life – Smart Money Back Insurance
    •  Shubh Nivesh
    •  Flexi Smart Insurance
    • Saral Life
    • Sanjeevan Supreme
  • Group Plans
  • Corporate Solutions
  • Retirement Solutions
    • SBI Life – Kalyan ULIP Plus
    • Swarna Jeevan
    • CapAssure Gratuity Scheme
    • Gaurav Jeevan
    • CapAssure Leave Encashment Scheme
    •  Swarna Ganga
    •  Dhanrashi
    • CapAssure
  • Group Protection Plans
    • SBI Life – Sampoorn Suraksha
    •  Suraksha Plus
    • Credit Guard
  • Group Term with ROP
    • SBI Life – Swadhan (Group)
  • Group Loan Protection Products
  • Group Savings Protection Products
    • SBI Life – Nidhi Raksha RP
  • Group Micro Insurance Plans
    • SBI Life – Grameen Super Suraksha
    •  Grameen Shakti
  • Health Plans
    • SBI Life – Hospital Cash
    •  Group Criti9

SBI Life Office Network

The List of states SBI Life has spread there network is as follows:

  • Uttar Pradesh
  • Manipur
  • Bihar
  • Meghalaya
  • Jharkhand
  • Mizoram
  • Sikkim
  • Nagaland
  • West Bengal
  • Tripura
  • Haryana
  • Andhra Pradesh
  • Himachal Pradesh
  • Orissa
  • Jammu and Kashmir
  • Karnataka
  • Punjab
  • Kerala
  • Delhi
  • Goa
  • Rajasthan
  • Maharashtra
  • Uttarakhand
  • Gujarat
  • Arunachal Pradesh
  • Madhya Pradesh
  • Assam
  • Chhattisgarh

We hope that our article about  SBI India & Career Opportunity surely help you.


About the author


Leave a Comment