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State Bank and Project Tatkal for Home Loans

The largest bank – State Bank of India has its wide scale operations spread all over the country. With the largest networks of branches, the bank holds a high responsibility towards its customers in the delivery of the best services related to all spheres of the banking.

With this purpose, the state bank of India has launched a project named ‘Project Tatkal’, which is an initiative to provide the services at the doorsteps and accelerate the process of home loans for the people.

Benefits of the Project Tatkal

Under the Project Tatkal, the process of the Home loans will be facilitated within time gap of 10 days. As soon as the bank is in receipt of the application form and the complete documents, the process of the Tatkal loan is initiated and all efforts for the urgent disbursement of the loan amount is done. Thus, bringing the complete process to the maximum of 10 days under the ‘Project Tatkal’ is an ultimate reality. However, the implementation of this scheme is done at important centers and with the sizable home loan amount.

The State Bank of India launched this initiative on 3rd July, 2015 and with the scheme to be launched in a phased manner, the project will be rolled out across the bank branches.

Online customer acquisition solution by the State Bank of India

With the State Bank of India also introduced an online customer acquisition solution, which is famously known as OCAS. The process of an instant e-approval of home loan applications is also an option. It was launched on 28th May, 2015 prior to Project Tatkal.

The major cities of India will be the first to get the lovely benefits of the Project Tatkal. The State Bank of India is looking to facilitate a huge number of people. Thus, the State Bank of India has launched this project with the novel concept of providing Home loans to the people in the minimum time.

How to avail the scheme

Just go to the nearest branch of SBI. Make an inquiry about the Tatkal Scheme. In case, the scheme has been launched for the particular branch, submit the application through the Tatkal Scheme. Submit all the required information and documents. Wait for 10 days and you will surely get an approval and will get your loan process done within the stipulated time. Now, you can easily get the Home loans within 10 days!

The State Bank of India always stands at the forefront in introducing new initiatives for the benefits of the customers.  This scheme is surely going to add more prospective customers to it and will surely be a brand booster and will be a milestone in the Home Loans.

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