1. BEADS
An e-magazine from your branch
MESSAGE FROM REGIONAL MANAGER
“ I am happy to learn that NRI Kochi
branch has started to continue this initiative
to reach out to its customers. It will not only
provide a communication medium for our
relationship but also an update on our
schemes, interest rates etc.
The latest in-house developments will also
bring to your notice on a monthly basis. I
am sure this novel idea will benefit all of
you in supporting the branch in their day
today functioning.”
-V Murali
Regional Manager
State Bank of India Newsletter October 2016
IN THIS ISSUE:
 Message from DGM (B&O)
 Message from Regional Manager
 SBI Global Ed-Vantage
 News
 Technology Updates (Secure OTP)
 NRI Interest Rates
 S. Venkitaraman takes charge
 NRI Meet Kochi 2016 Inauguration
 SBI Life-Smart Privilege Plan
 SBI Home Loans
 Our Team
 Contact Us
Key Features
Overseas Education Loan exclusively
for those who wish to pursue full time
regular courses at selected foreign
colleges/ universities.
Greetings from SBI NRI Kochi Team!
We are pleased to bring you the new Edition of our magazine “Beads” in this Financial Year. A
snapshot of our Fixed Deposit Interest Rates, New Loan Schemes and Investment products are
given below. You can share your feedback by mailing to sbi.06561@sbi.co.in
TECHNOLOGY UPDATES
SECURE BANK SECURE OTP
Download our secured app “State
Bank Secure OTP” & click to know
the OTP for your Net Banking trans-
action.
Further concessions
0.50% concession for students availing of SBI Rinn Rakasha
0.50% concession for girl students
* Current MCLR -9.05% p.a.
Studying abroad is now Faster, Lighter, Higher & Easier
SBI Global Ed-Vantage
Quantum of Finance
Minimum Loan Amount : Rs.20 Lac
Maximum Loan Amount : Rs.1.5 Cr
Eligible Courses- studies abroad
Regular Graduate/post graduate/
Doctorate courses in any discipline
offered by foreign institutes/universities in
USA, UK, Canada, Australia, Europe,
Singapore, Japan, Hong Kong and New
Zealand.
Security
Tangible collateral security required
Collateral security offered by Third party (other than parents) can also be accepted
Interest rate : 10.75% p.a (1.70% above MCLR)*
NEWS
Processing fee waived for Car
loans offer valid till 31/Oct/2016.
SBI Global Ed-Vantage
MESSAGE FROM DGM (B &O)
“ My dear NRI friends, I am happy to know
that SBI,NRI Kochi has started a new initia-
tive to reach its esteemed clients at monthly
intervals through an e-magazine. I take this
opportunity to greet all our NRI customers
and wish Team NRI Kochi all success in
their endeavours.”
-G. Gopu
DGM (B&O)
For private circulation only

2. NRI Interest Rates
The Bank has revised the Interest Rates w.e.f. 01/10/2016.
NRE Term Deposits –
RFC Deposits -
FCNR (B) Deposits -
* Annualized yield at the end of the period.
C. Interest Rates on Loan Products:
C.1. Home Loan Interest Rate (w.e.f. 1st August 2016) – MCLR (One Year) =9.05%
With effect from 1st October-2016
TENOR Below Rs. 1 Crore Rs. 1 Crore & above
1 year to 455 days 7.15% 6.75%
456 days to less than 3 years 7.25% 6.50%
3 years and up to 10 years 7.00% 6.00%
With effect from 1st October-2016
TENOR
Below Rs. 1
Crore
Rs. 1 Crore &
above
7 days to 45 days 5.50% 5.50%
46 days to 179 days 6.50% 6.00%
180 days to 210 days 6.75% 6.50%
211 days to less than 1 year 7.00% 6.50%
1 year to 455 days 7.15% 6.75%
456 days to less than 2 years 7.25% 6.75%
2 years to less than 3 years 7.25% 6.50%
3 years and up to 10 years 7.00% 6.00%
NRO Term Deposits –
With effect from 1st October-2016
TENOR USD GBP EURO
1 year to less than 2 years 1.70% 1.08% 0.15%
2 year to less than 3 years 2.01% 1.44% 0.30%
3 years 2.06% 1.44% 0.30%
With effect from 01st October 2016 (in % p.a.)
CURRENCY USD GBP EURO
TENOR RATE YIELD* RATE YIELD* RATE YIELD*
1 year to less than 2 years 1.70 1.75 1.08 1.10 0.15 0.15
2 years to less than 3 years 2.01 2.09 1.44 1.49 0.30 0.31
3 years to less than 4 years 2.06 2.17 1.44 1.50 0.30 0.31
4 years to less than 5 years 2.11 2.25 1.46 1.53 0.30 0.31
5 years 2.16 2.30 1.49 1.56 0.40 0.41
CURRENCY CAD AUD JPY
TENOR RATE YIELD* RATE YIELD* RATE YIELD*
1 year to less than 2 years 1.87 1.92 2.47 2.55 0.05 0.05
2 years to less than 3 years 1.86 1.93 2.66 2.79 0.05 0.05
3 years to less than 4 years 1.88 1.97 2.67 2.84 0.05 0.05
4 years to less than 5 years 1.90 2.01 2.88 3.12 0.05 0.05
5 years 1.92 2.03 2.91 3.15 0.05 0.05
Borrower’s
Category
Home Loans Interest
Rates irrespective of
loan limit
Maxgain up
to Rs.1 crore
Maxgain above
Rs.1 crore
CRE Maxgain,
irrespective of
loan limit
Women 9.25% p.a. 9.35% p.a. 9.60% p.a. 9.80% p.a.
Others 9.30% p.a. 9.40% p.a. 9.65% p.a. 9.85% p.a.
Scheme Category
Interest Rate for the peri-
od 15.08.2016 to
31.12.2016
NRI Car Loan and
combo Loan
Men 9.65% p.a.
Women 9.60% p.a.
NRI Loyalty Car
Loan
Men 9.55% p.a.
Women 9.50% p.a.
C.2. NRI Car Loan (w.e.f. 1st October 2016) -
Present MCLR (1 Year) = 9.05%
C.3. Loan against NRE Deposit (w.e.f. 1st October 2015) – 1.00 % over the rate paid on
the relative Time Deposits offered as security.
Loan against NRO Deposit (w.e.f. 1st October 2015) – 1.00 % over the rate paid on the
relative Time Deposits offered as security
Loan against FCNR (B) Deposit (w.e.f. 1st October 2016)
In Indian Rupees- 2.25 % above MCLR (1 Year) effective rate @ 11.30 % p.a
In Foreign Currency (FCL):- @ 150 bps over applicable FCNR(B) rate for the relative
period at the time of extending the loan subject to funds angle clearance from GMU
Kolkata to be applied on standard format
Loan against Mortgage of Immovable Property (w.e.f. 01st October 2016) – Present
MCLR (1 Year) = 9.05%
Loan Amount Rate of Interest
Up to Rs. 1.00
Crore
160 bps above MCLR i.e. 10.65% p.a.
Above Rs. 1.00
Crore up to Rs. 2
Crores
210 bps above MCLR i.e. 11.15 % p.a.
Above Rs. 2.00
Crores up to Rs. 5
Crores
260 bps above MCLR i.e. 11.65 % p.a.

3. Mr. S. Venkitaraman takes charge
Mr. S. Venkataraman has taken charge as
chief general manager (CGM), State Bank
of India (SBI) Thiruvananthapuram Circle. In
his new capacity, Mr. Venkataraman will be
in charge of administrative offices, regional
offices, and all branches of the bank in Ker-
ala and Lakshadweep. He had earlier
served as CEO of SBI, London Branch, head
and CEO of SBI’s South African operations
and corporate centre.
SBI LIFE- SMART PRIVILEGE PLAN
Smart privilege offers you the benefits of good returns, combined with Life Insurance Protection
& Income Tax benefits, including Tax Free Maturity proceeds. Smart Privilege also offers you li-
quidity to surrender or partial withdrawal, any time after the 5th policy year, that too without
any charges and absolutely Tax Free.
Key highlights:
 Limited premium payment option – pay for just 5 yrs and enjoy benefits over a period of time.
 Launching Offer–option to invest in 2 New Funds with Rs.10/-NAV.
 Loyalty Addition from 6th Policy year to Boost your Fund Performance.
 Liquidity in the form of partial withdrawal & surrender facility from 6th policy year.
 Life insurance protection up to 10times of your annual premium.
 Income Tax benefits u/s 80C & Tax Free maturity proceeds u/s 10(10D), NRE Repatriation Fa-
cility for NRI's.
NRI Meet Kochi 2016 Inauguration by GM Network I
Mr. Alok Kumar Sarma at Le Meridien Kochi on 24.08.2016
Team NRI Kochi invites your feedback for serving better.
Contact Us
To keep yourself updated on the latest products, get in touch
with our team.
General Manager- Mr. Alok Kumar Sarma
Chief Manager- Anitha.S (Ph. 9447778812)
Relationship Manager (NRI)- Aswathy, S (Ph. 9497715423)
State Bank of India
NRI Kochi Branch
Ravipuram, Kochi 682016
Ph.: +91-484-2359689/2359312
Fax: +91-484-2358801
Email: sbi.06561@sbi.co.in
Visit us on the web at www.sbi.co.in
IFSC : SBIN0006561
SWIFT: SBININBB402
Please register your email address with us to receive regular updates.
OUR TEAM
Anitha.S, Lovely Mathew, Aswathy, S, Valsala Bai A, Joseph P J,,
Vineetha Venugopal, Jinu Mary Joseph, Aishwarya Krishnan, Lekshmi
Sreekumar, Mary Tiphiya K R, Lija O V, Mary K D.
Compiled by : Aswathy S.