8/2/2019 State Bank of Travancore
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State Bank of Travancore (SBT) was originally established as
Travancore Bank Ltd. in 1945 sponsored by the
erstwhile princely state of Travancore. Under a special statute
of the Indian Parliament (SBI subsidiary Banks
Act 1959) it was made an Associate of the State Bank of India
and a member of the State Bank Group, the
largest banking group in India.Registered. office/Head Office
at: Poojapura, Trivandrum 695 012, Kerala state,
India
Highlightso More than 65 years of dedicated service
o History of uninterrupted profits and Dividend payments
o 80% interim dividend to shareholders in 2010-11
o Network of 791 branches and 811 ATMs spanning 14 states and
two Union
Territories of the country
o Using World class technology through the implementation of
100% Core
Banking Solution
o Premier bank in Kerala state with 620 branches
o The Largest ATM Network in Home State
o Member of the Largest ATM network in the country with more
than 24000 ATMs
o Online Share Trading facility eZ-Trade gives 3-in-1 advantage
with Savings Bank,Demat Account and Trading Account facilities
o The Bank also provides other financial products like Life
Insurance [in tie-up with
SBI Life], Mutual Fund Investments in tie-up with five Mutual
Funds and General andAccident Insurance in tie-up with United India
Insurance Co Ltd
o Internet Banking, E-Payments, Utility Bill Payments, Fee
payments, E-Commerce etc
Four Rural Self-Employment Training Institutes have been started
by our bank in Wayanad,
Pathanamthitta, Alappuzha, and Kottayam for providing skill up
gradation training to therural youth with focus on BPL category
Social Responsibility
576 Social circles provide selfless community service
Free Medical Camps, Rehabilitation Programs, distribution of
free wheel chairs Programs for improving the facilities of
orphanages, care homes, geriatric centres
Programs for the benefit of the student community
Eco-friendly smoke - free offices
...Social BankingBeing a public sector bank, we are committed to
the policies of the Government for social
development. We offer credit to the Priority Sectors and also
the special schemes announcedby the Government.
8/2/2019 State Bank of Travancore
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PRIORITY SECTOR LENDING
The Bank is alive to its developmental role and actively
participates in meeting need-based
requirements of Agriculture and MSME business. It has
consistently met the benchmarks forpriority sector advances
stipulated by the Government from time to time.
MICRO, SMALL AND MEDIUM ENTERPRISESThe Bank attaches priority to
this vital sector and encourages technocrats and
womenentrepreneurs. Banks Technical Consultancy Cell assists the
small units in evaluation oftechno-economic feasibility of their
projects. Bank has setup exclusive Small and MediumEnterprises
Branches for this sector.The Bank was conferred the Special Award
for Excellence in MSE Lending for the year 2009-10 by the Ministry
of Micro, Small and Medium Enterprises. This is the fifth time in
last seven
years the bank has secured such award.AGRICULTUREThe Bank caters
to the needs of farmers through its rural and semi-urban branches.
We have
identified Agriculture intensive branches dedicated to
agricultural advances. The Bank also
encourages allied activities such as dairy, poultry, piggery,
fishery, horticulture,etc., Schemes like Kamadhenu for rearing of
Calves and Heifers, Ksheerasamrudhi for dairyfarming, Rabbit Plus
for Rabbit rearing and Matsya Plus for Fish farming has been
introduced.Farm mechanisation and Agro based industries are given
due attention too. We have alsointroduced Kisan Credit Card
Scheme,for the farmers to purchase agricultural inputs and
meet other productive needs. Bank also has launched 'Annapoorna
Scheme'to extendassistance to tenant farmers who are holding only
leasehold rights over the land in which
they cultivate. Large areas of fallow lands are being brought
under cultivation under thisScheme.
FINANCIAL INCLUSION
The Bank spearheaded financial inclusion initiative in the state
of Kerala. 100% financialinclusion was achieved in the state of
Kerala in 2007.
43 unbanked/under-banked villages have been allocated to our
Bank for providing bankingfacilities. (29 in Kerala and 14 in
Tamilnadu). Kudumbashree mission of the Government of
Kerala has been engaged as our Banking Correspondent for
providing banking facilities in thestate of Kerala.'Janapriya
Savings Account'- a special savings bank account, without any
restriction ofminimum balance, was launched aiming at financial
inclusion. The Bank has more than 11Lacs No Frills accounts opened
as part of the financial inclusion plan.
NRI SERVICES
Preferred Bank of choice for NRIs
Having Highest amount of NRI Deposits in the state of Kerala
Rupee Drawing Arrangements with 28 Exchange Companies and one
bank.
Money Trans - provides faster and speedy remittance facility
from exchangecompanies
The Bank has correspondent banking arrangements with 20 Banks
worldwide
SMS Alert facility for customers in Gulf Countries
Centralised NRE Savings Bank Account Opening is being done at
LCPC (Liabilities
Central Processing centre) Trivandrum
NRI Helpdesk for resolving problems faced and attending
complaints of NRIs
