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SBI launched Tab banking to facilitate opening of Saving Accounts

Apr 16, 2014 19:10 IST

State Bank of India on 15 April 2014 launched digital banking facilities for the convenience of SBI customers.

SBI has launched the facility of TAB banking for customers opening of Savings Bank accounts and another for Housing Loan applicants.

SBI will offer its valued customers the facility of opening accounts at their door step through Tab Banking. The sales staff of SBI will visit the customers at their home and with the use of the tablets they will get the formalities completed.

imageThese will be loaded on the CBS and the account number will be sent to the customer through SMS/e-mail. This will provide convenience and time saving to the customer for opening accounts with SBI.
 
SBI will also offer TAB banking facility at the place of the Housing Loan applicant, for in-principle approval of home loan. The Home Loan Sales Team will visit the applicant and capture on the tablet KYC details, information on the income & deductions and details of the proposed property purchase (House/Flat).

Based on the income data furnished and cost of the project, the applicant will be advised on the approximate housing loan amount eligible and the EMI amount. The applicant will get in principle approval for the proposed Housing Loan through email. The actual loan will be processed subsequently subject to usual formalities.

Is this article important for exams ? Yes172 People Agreed

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