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Visakhapatnam, Sept. 8

The SBI launched HNI Speed – loaning facility for high net worth individuals – here on Monday at its Retail Assets Centralised Processing Centre. After inaugurating the system, Mr R.K Sharma, Chief General Manager (Hyderabad circle), said it was intended to provide express services to the highly valued customers of the bank. Housing loans above Rs 15 lakh and car loans above Rs 5 lakh would be disbursed within four days and one day, respectively. He gave away cheques to eight customers for Rs 2.41 crore (advances) on the occasion.

– Our Bureau

More Stories on : New Products & Services | Public Sector Banks | Credit Market | State Bank of India | Andhra Pradesh

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