The country’s largest public sector lender State Bank of India (SBI) on 3 July 2015 launched Project Tatkal, an initiative to provide doorstep services and expedite Home Loan Application (HLA) process.
The project will help home loan applicants to get the loan within 10 days after receipt of application form and relevant supporting documents.
The project will be rolled out across all the Home Loan marketing and processing outfits in the Bank in a phased manner. The implementation will be done at large centres with sizeable Home Loan business.
Earlier on 28 May 2015, the bank introduced an online customer acquisition solution (OCAS) for instant e-approval of home loan applications.
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What: Launched Project Tatkal
When: 3 July 2015