SB Collect - Business
State Bank Collect
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SME Fixed DepositsSME Government SchemesApply OnlineExternal Benchmark based Lending Rate(EBLR) for MSME LoansOnline Lead StatusContact Details of AGM SMEsList of SME Intensive BranchesDigital collection ProductsDigital LoansLoan Against PropertyTransport Vehicle loansSupply Chain FinanceEnergy Efficient ProductsOther Business Loans
Features
- Plug and Play collection model for Educational Institutions and small / medium merchants who do not have their own web servers – facilitating collection of school fees, recruitment fees, membership fees of clubs/societies etc, donations (domestic), booking charges or any other type of collections.
- Firms/Corporate/Institutions of repute having CINB enabled account (SB or CA) with Vyapaar/Vistaar/Khata Plus/SARAL/Khata facility are eligible to avail this facility.
- This is a universal collection system which enables payment through multiple channels such as SBI INB, Other Banks INB, Debit cards SBI & Other banks, Credit cards, Prepaid Cards, UPI, Rupay Debit Cards, NEFT/RTGS/, Cash/SBI Cheque at SBI Branches.
- FREE OF COST – No Integration Charges - support for mobilizing CASA.
- Product activation on the same day. Addition/deletion/modification of payment page can be done at Merchant end.
Benefits for the Merchants
- All the payments modes available.
- Easy and effective reconciliation with MIS reports available to institutions.
- No need to maintain own website or do any structural changes, no security risk.
- Easy and convenient process for onboarding.
Last Updated On : Tuesday, 16-01-2024
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
Digital collection Product
Limited Time Offers - Unlimited Joy
Criteria
- Features
- Eligibility
- Terms and Conditions
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above