State Bank of India (California) offers a range of fund-based and non-fund based facilities at most competitive rates.
Commercial Real Estate Loans
State Bank of India (California) specializes in making available commercial real estate loans in the range of $200K to $5 millions for the purpose of construction/purchase and/or renovation of hotels/motels, multi-family apartments, office/shopping complexes etc., including refinancing of an existing loan, against First Deed of Trust. Our rates are competitive and sanction process fast.
For application form, click here For more information, contact:
- (213) 623 5983, (213) 623 7250 Ext. 142
- (213) 614 1052, (213) 623 7250 Ext. 141
Lines of credit
We sanction lines of credit to business owners for financing their working capital requirements against the security of inventory and receivables at reasonable rates of interest.
For application form, click here For more information, contact:
- (213) 623 5983/ (213) 623 7250 Ext. 142
- (213) 614 1052/ (213) 623 7250 Ext. 141
Micro Loans
State Bank of India (California) offers micro loans up to a maximum of $250K for small business purposes. Such loans are offered either as term loan for equipments/furniture/fixed assets or working capital. The processing is very fast and interest rate is competitive.
For more information, contact:
- (213) 623 5983/ (213) 623 7250 Ext. 142
- (213) 614 1052/ (213) 623 7250 Ext. 141
Business Loans to Medical Practitioners
At State Bank of India (California), we value the healing touch of the physician. We tip our hats to the life-saving surgeon. We bow our heads to the medical professional, with an offer to provide financial assistance for this elite segment.
As a graduate from Medical School, you would want to set up your own practice. We shall be glad to help you in your endeavor. We shall be happy to finance you with working capital against your receivables. We can help you acquire diagnostic/surgical equipments. If you require funds for ambulance and special vehicles, we shall be with you, all the way. We have loan products to take care of all your needs.
At SBI (California), we take pride in offering our hand to the hand that heals and saves lives. We assure you of professional banking service, quick approvals, competitive interest and easy terms.
For application form, click here For more information, contact:
- (213) 623 5983, (213) 623 7250 Ext. 142
- (213) 614 1052, (213) 623 7250 Ext. 141
Loans against cash collaterals
SBIC offers loans against CDs maintained with the Bank a well as against the repatriable deposits (FCNR/NRE) maintained with the Parent bank or its subsidiaries in India. The interest rate is very competitive and margin is low. Loans are extended for commercial and consumer purposes.
For application form, click here For more information, contact:
- (213) 623 5983, (213) 623 7250 Ext. 142
- (213) 614 1052, (213) 623 7250 Ext. 141
Letters of Credit and Standby Letters of Credit
SBIC opens Letters of Credit and Standby Letters of Credit all over the globe. The huge network of parent bank branches in India and abroad, as well as the correspondent bank network all over the world facilitates to take care of your needs relating to trade finance.
For more information, contact:
- (213) 623 5983, (213) 623 7250 Ext. 142
- (213) 614 1052, (213) 623 7250 Ext. 141
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