STATE BANK OF INDIALThe origin of the State Bank of India dates back to the first decade of the 19th century with the foundation of the Bank of Calcutta in Calcutta on 2 June 1806. Three years later the bank received the its charter and was redesignated as the Bank of Bengal (2 January 1809). A unique institution, it was British India's first joint-stock bank sponsored by the Bengal government. The Bank of Bombay (15 April 1840) and the Bank of Madras (1 July 1843) followed the Bank of Bengal. These three banks remained at the pinnacle of modern banking in India until their merger as Imperial Bank of India on 27 January 1921. The State Bank of India came into existence with a new sense of social purpose aided by the 480 offices comprising branches, sub-offices and three local branches inherited from the Imperial Bank. The concept of the banking system as a mere custodian of community savings and lender of money to creditworthy individuals would soon give way to the concept of a banking system aimed at serving the growing and diversified financial needs of planned economic development. The State Bank of India was destined to act as a pacesetter in this regard and lead the Indian banking system into the exciting field of national development. Below are the products and services of State Bank of India:1. Personal Banking: State Bank of India offers a wide range of services in the Personal Banking segment which are indexed here.:-SBI Term DepositsSBI Loan for PensionersSBI Recurring DepositsLoan against Property MortgageSBIP Construction LoanLoan against Shares and BondsSBIS Car LoanRent Plus SchemeLoan educational SBIMedi- Plus Program SBI Personal Loan Interest Rates2. Agriculture/Rural: State Bank of India caters to the needs of landless farmers and agricultural laborers through a network of 6,600 rural and semi-urban branches. There are 972 specialized branches which have been established in different parts of the country exclusively for the development of agriculture through provision of credit. These branches include 427 Agricultural Development Branches (ADB) and 547 Development Banking Department (DBD) branches catering to farmers and 2 Agricultural Business Branches in Chennai and Hyderabad catering to the needs of hi-tech commercial agricultural projects . Below are the schemes for rural people: • CROPS LOAN (ACC) • PRODUCT MARKETING LOAN • LOAN ON WAREHOUSE RECEIPT / COLD STORAGE • KISAN CREDIT CARD LOAN (KCC) • AGRICULTURAL TERM LOANS (ATL) • LAND DEVELOPMENT PROGRAMS