State Bank of India (SBI) is the oldest and largest bank of India. It is a state- owned corporation with its headquarters situated in Mumbai. 

State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of Mysore, State Bank of Patiala and State Bank of Travancore are five associates of SBI. Apart from associate banks, SBI also has non-banking subsidiaries like SBI Life Insurance, SBI Capital Markets Limited, SBI Funds Management Pvt. Ltd., etc.

SBI provides a range of banking products through its vast network of branches in India and overseas. 

Some of the most popular products of SBI loans in retail segment are as follow:-

SBI Home Loan

State Bank of India home loans are available for purchase of a new or resale residential property, construction of house on a plot of land, repairs and renovation or extension of existing property. SBI home loans can also be availed for transferring the existing outstanding home loan balance from any other lender.

SBI finances up to 90% of the cost of the property if the loan amount is upto Rs. 20 lakhs. In other cases it provides 80% of the agreement value of a house. Currently, SBI does not offer any fixed interest loan and offers home loan only on floating rate of interest. The floating home loans are linked with base rate and change whenever there is a revision in the base rate of the bank.

SBI Car Loan

SBI provides car loans for purchase of new and used passenger cars, Multi Utility Vehicles (MUVs) and SUVs.SBI finances up to 85% - 90% of "on road price" of the new car that includes octroi, registration, insurance and car accessories upto worth Rs. 25,000/- The maximum loan amount available under SBI loan scheme for purchase of car is 48 times the net monthly income or 4 times the net annual income. The maximum tenure for such SBI loans for car is 7 years. 

SBI Personal Loan

SBI personal loan is an unsecured loan taken for fulfilling any personal needs such as vacationing, marriage, medical treatment, etc. The minimum loan amount financed is Rs 24,000/- in metros and urban areas and Rs. 10,000/- in rural or semi-urban areas and maximum amount upto you can avail a personal loan from SBI is Rs. 10 lacs.

Sbi charges a processing fee of 2-3% of loan amount and does not levy any prepayment charges for foreclosure of the personal loan. The personal loan from SBI can be repaid back within a period of 48 months.

SBI Education Loan

SBI provides education loan for pursuing graduate, post graduate, diploma or degree courses conducted by recognized institutes. The maximum loan amount for courses in India is Rs. 10 lacs and abroad to Rs. 20 lacs. While availing the education loan you have to provide a guarantee with sufficient income to justify the loan and collateral security (such as property / shares / Units / jewelry / Life Insurance polices with high surrender value, etc.) The guarantor can be an applicant's parents or guardians. For education loan amount up to Rs 4 Lakhs, the bank does not require any collateral security. Repayment of education loan commences one year after completion of course or 6 months after securing a job, whichever is earlier.

Apart from attractive interest rates on SBI loans, the bank offers equally attractive returns on their fixed deposit schemes.