SBI utsav in Bengaluru on Aug 18 & 19


BENGALURU, August 18, 2018: State Bank of India is holding its annual two-day ‘SBI Utsav’ at its local head office at St Mark’s Road in Bengaluru. The utsav is scheduled to be held on August 18 and 19.

SBI will showcase a bouquet of home and car loan products. More than 60 prominent real-estate developers, builders and auto dealers will take part in the utsav according to reports published in

The bank is offering 100 per cent waiver on processing fee, legal and processing charges on loans availed at the SBI Utsav. Consumers can find about the loan eligibility and how much loan they can avail, besides being surprised with discounts on these products.

The utsav will be inaugurated by Abhijit Majumder, CGM, Bengaluru Circle. The main sponsor of the event this year is GM Infinite, and the title sponsors include KSR Properties Ltd and Sobha Ltd.

Abhijit Majumder said “SBI has always brought a positive change in the banking industry. We feel this is the right time to bring back our utsav, which is surely going to provide a much-needed boost to the real estate industry.”

Vincent MD, GM, Network I, said: “This is the right time to invest in residential properties. We are offering several incentives to make the event a grand success.”

“The utsav is not limited to home loans and car loans. We’ve lined up loads of fun and entertainment so that the entire family will have a good time as we host the people visiting our LHO campus this weekend,” said JC Sahu, DGM (REHBU).

“We are offering on-the-spot sanction to facilitate home loan services to visitors along with interest subsidy from Rs 2.3 lakh to Rs 2.68 lakh in eligible cases, which are offered under Pradhan Mantri Awas Yojna,’’ he said.

The utsav will have car expo, fun zone for kids, food court and musical evenings featuring Sangeeta Rajeev on Saturday and Band Zehan on Sunday. Free parking arrangement has been made at St Joseph’s Boys’ High School, Museum Road, Next to SBI Campus.