We have pleasure in presenting hereunder briefs on our Bank's various facilities available to "Small and Medium Enterprises. (SMEs)

SMALL AND MEDIUM ENTERPRISES (SMEs):

1) At present, a small scale industrial unit is an industrial undertaking in which investment in plant and machinery does not exceed Rs.1 crore except in respect of certain specified items under hosiery, hand tools, drugs and pharmaceuticals. Stationery items and sports goods, where this investment limit has been enhanced to Rs.5 crore. A comprehensive legislation which would enable the paradigm shift from small scale industry to small and medium enterprises is under consideration of Parliament. Pending enactment of the above legislation, current definition of SSI/tiny industries may continue. Units with investment in plant and machinery in excess of SSI limits and upto Rs.10 crore may be treated as Medium Enterprises (ME).

2) OUR VARIOUS SCHEMES FOR FINANCING SMEs:-

(i) Paryatan Plus Scheme:
A special scheme to promote tourism related business activities in all centers.

(ii) Loan Scheme for purchase of Business premises
We have launched this scheme to meet financial needs of SSI borrowers for purchase of office premises/showrooms etc.

(iii) SBS SIB Credit Csard Scheme
A hassle free scheme for granting credit limits up to Rs.10.00 lacs.

(iv) SBS SME Smart Score Scheme:
A hassle free scheme for granting credit limit above Rs.5.00 lacs and below Rs.25.00 lacs.

(v) Loan Scheme for financing - Small Diamond Processing Units:
We lead in extending finance to the Diamond Processing & Exporting Units.

3) Time Norms for disposal of loan applications of SMEs: Our Bank adheres to the RBI's instructions regarding observance of time norms for disposal of loan applications.

4) Granting of Collateral Free Loans to SME's: Loans upto Rs.5 lac are considered collateral free and loans upto Rs.25 lac are considered collateral free to units having good track record and sound financials.

5) One Time Settlement Scheme for SMEs for dues outstanding as on 31/03/2004 in NPA amount is already launched.

6) Our present specialized SME branches are situated at:
. Vadodra -- SME
ii. Morvi -- SME
iii. Rajkot -- SME
iv. Jamnager -- SME
v. Bhavnagar -- SME
vi. Bhavnagar- Krishnanagar
vii. Gandhidham
viii Mahuva
ix. Rajkot- Bhaktinagar
x. Jetpur
xi.Ahmedabad- Naroda Ind Estate

We request you to please contact our any branch nearby to your business place or as may be convenient to you for getting more information about facilities available to SMEs

OR

You may contact to us at Head Office on above given telephone numbers. Please keep in contact for further details.

Thanking for visiting us on our website.

STATE BANK OF SAURASHTRA
SIB DEPTT. HO., BHAVNAGAR