PRESS RELEASE

State Bank of India inaugurates 'Home Loan on Wheels'


Mumbai, July 19, 2014: Smt. Arundhati Bhattacharya, the first lady Chairman of State Bank of India, in its 208 year history, visited Chennai for the first time after becoming the Chairman of SBI. Home loans are much sought by the public and to reach them various initiatives were taken by the Bank. As a part of this, Smt. Arundhati Bhattacharya flagged off two "Home Loan on Wheels" publicity vans show casing various home loan products for the general public. The vehicles will be pressed into service in Chennai City and its peripherals and will be parked at ideal locations to explain Home Loan Products by specially trained staff who will be available in the vehicle and issue instant 'In-principle approval letters', opening Savings Bank Accounts and for cross-selling other products of the Bank.
The event was also attended by Dr. G. Vaidyan, Deputy Managing Director (Retail and Strategy), Shri P. S. Prakash Rao, Chief General Manager, Chennai Circle and other senior officials of the Bank.

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