SBI FAST

CASH MANAGEMENT PRODUCT - STATE BANK OF INDIA

A BRIEF INTRODUCTION:
Clients under the brand name SBI FAST (Funds Available in Shortest Time).

predictability in the cash

flows.

controlled processes and customized MIS.

and enhances
liquidity to ensure optimum planning and utilization of funds.

complete Host to Host

facility (a secure, seamless file transfer facility) FEATURES & BENEFITS: lized Control of cash.

Effective control over disbursements.

Management. SBI FAST Cash Management Services Offerings: 1. COLLECTIONS: a.

LOCAL COLLECTIONS: (Cheques/drafts etc)

the clearing
practices prevailing at the various centres (i.e. Day-0, Day-1, or Day-2), credit is afforded, as mandated,
to the client's main account at the pooling centre the same day as the proceeds are cleared.

s as per
client’s choice, which are physically connected to our central hub at Mumbai.

distributors/representatives or through couriers as per the arrangement.

not required to open any account at the Centre from which this facility is availed.

on other local
SBI/other bank Branches.

s are handled exclusively through our own network and

hence cost effective.
b. OUTSTATION CHEQUES COLLECTION:

our CMP Cell branches .

concessional charges
and cheques drawn on other banks are credited after clearance. On selective basis and with RM’s
recommendations credits can be afforded on Guaranteed Credit (GC facility) basis provided necessary
limits are carved out by the branch where CC is maintained.

c. CASH COLLECTION:

hes on CMP software which facilitates

automatic pooling of funds with MIS.

d. UNCLEARED FUNDS:

alue clearing
offered selectively at Bank's discretion.

carved out for this facility.

e. BALANCE SWEEP:

-end-balances in collection accounts maintained at various CMPcentres across the

country to the pooling account.

payments and the residual balance at the end of the day swept to the main account.

ts by reverse sweep at the beginning of

next day.

f. DEBIT TRANSFERS:

-fixed daylight limit,

maintained at CMP centres transferred to the main account at the end of the day.

he facility dispenses the use of allocated limits and thereby ensures better control, for the client over
debits.

g. CUSTOMISED MIS:

local centre.

location-wise/product-wise presentation/credit/return reports are provided to the Corporate

Office through E-mails.
 -form, compatible with the clients
accounting system, through E-Mail for easier and speedier reconciliation.

-Mail.

h. ELECTRONIC COLLECTIONS:

1) DIRECT DEBIT

f invoice payment from Dealers, SIP/Premium etc.

15,000+).

2) RTGS/NEFT RECEIPTS

received through RTGS/NEFT modes are credited to the Corporate pooling Account.

PRICING

The pricing of the product is competitive but volume driven and depends on the location, type of
facilities and amount of individual instruments.

2. PAYMENTS

a. Real Time Gross Settlement

- Settlement through RBI.

on Amount Rs.2.0 lac.

b. National Electronic Fund Transfer

 - Settlement through RBI.

c. Electronic Clearing Scheme

across India through NECS for banks on corp. Banking.

investors/ share
holders/ employees/ ex-employees.

ent file upload facility available through SBI CMP Portal / Host to Host Connectivity.

d. Direct Credit

ra-Bank of SBI for electronic payment that uses ' Core Power '.

15,000 & growing).

an be used for payment for Purchases, Rent, Incentives, Salaries etc.

through SBI CMP Portal / Host to Host Connectivity

e. DRAFTS

ice.

f. Multi City Cheques – (CCPAP) – Corporate Cheque Payable at Par.

on selective basis.

– No limit.

able at all CBS branches of the Bank.

 t file upload facility available through SBI CMP Portal / Host to Host Connectivity

g. Dividend Warrants

– Across all RTGS/NEFT enabled banks branches. – Across all branches of

all 15000 plus branches

15000
plus branches.

id / unpaid status provided.

h. Contact Details Tel No: 26814802 to 26814860,Fax No: 26875060 / 26875061

SNo Name Designation Telephone No

1. Shri Y.V.Ramana Murthy Deputy General Manager 022-26874455, 022-26814801

dgm.cmp@sbi.co.in

2. Shri P P Butte Asst General Manager Systems 022-26814803 agmsys.cmp@sbi.co.in

3. Shri Ejaz Hussain Asst General Manager Project Implementation 022-26814805 agmpi.cmp@sbi.co.in

4. Shri C.M.Kulkarni Asst General Manager Client service 022-26814809 agmcs.cmp@sbi.co.in

5. Shri J.P. Kukreti Asst General Manager Operations 022-26814856 agmosd.cmp@sbi.co.in

6. Shri Sunil Potdar Asst General Manager Marketing 022-26814802 agmmktg.cmp@sbi.co.in

7. Shri Rishabh Jain Asst General Manager Operations 022-26814808 agmops.cmp@sbi.co.in

8. Shri Sanjay Shrivastav A.G.M (Govt. Business) 022-26814820 itro@sbi.co.in

9. Shri A.K. Jha AGM -UMEA 022-26814865 umea.cmp@sbi.co.in

10. Shri C.P.Sundaram C.M. -Dividend Warrant 022-26814818 dw.cmp@sbi.co.in

11. Shri. Vika Walawalkar, AGM (GB) 022-26814813 agmgb.cmp@sbi.co.in

12. Shri Amani C.M.-Mandate Cheque Processing 022-26814851 mandates.cmp@sbi.co.in

13. Shri Harnam Singh C.M.-Operation 022- 26814811 cm.ops@sbi.co.in

14. Shri Soumendra N Mukherji CM –Projects Implementation 022-26814806

soumendra.mukherji@sbi.co.in

15. Shri Pramod Nayak AGM –Systems Administration 022-26814844 pramod.nayak@sbi.co.in

16. Shri M. Ravishankar Kashyap CM - System Development 022-26814836 m.kashyap@sbi.co.in

17. Shri Baidehi Sharan Shukla CM -Admin 022-26814804 cm.admin@sbi.co.in

Marketing Team (Region Wise)

SN Name Region Designation Telephone No

1. Shri Tushar Mangla New Delhi CAG AVP 9811906980 tusharm.mgmt@sbi.co.in

2. Shri Sujay Singh Ahmedabad Product Specialist 7600056513 sujay.cagm@sbi.co.in

3. Shri Kumar Amit Kolkata C.R.E cre.09998@sbi.co.in

4. Ms. Bismi Bose Chennai AVP 9962258121 bismi.c_bose@sbi.co.in

5. Sh. Vinod Kr Chhabra. CM 9167980225 cmmktg.cmp@sbi.co.in

6. Ms. Shikha Arora MCG AVP 7738936661 shikha.mgmt@sbi.co.in

7.Shri. Vishal Desari CAG Prodct Spl. 9967615561 Vishal.dasari@sbi.co.in

8.Shri. Suryakanta Das Bangalore Prod.Spl 9866188835 Suryakantadas.sbicaps@sbi.co.in

9.Shri. Ashish Jha Chennai Cag Prod.Spl 9884917443 ashishjha.sbicaps@sbi.co.in

10.Shri Diljeet singh Jambh MCRO Delhi Prod.Spl 9958810377 dsjambh.sbicaps@sbi.co.in

11.Shri. Kumar Amit Kolkata AVP 9330579588 sinha.kamaramit@sbi.co.in

12. Shri. Sidesh Sha Ahemadabad Prod. Spl 7600057724 Sidesh.sbicaps@sbi.co.in

13. Ms Smita Kumar MCRO New Delhi Prod.spl 9312959162 smitakumar.sbicaps@sbi.co.in

“For any complaint about CMP services /cash Pick up Services activated through outside agencies
,Grievances Redressal Machinery is available .The details of the designated Grievances Redressal Officer
at CMP Centre are as under” :

Mr. Y.V. Ramana Murthy

The Deputy General Manager (CMP)

STATE BANK OF INDIA, CASH MANAGEMENT PRODUCT, TBU , CORPORATE CENTRE 31, MAHAL
INDUSTRIAL ESTATE, MAHAKALI CAVES ROAD, ANDHERI (EAST),MUMBAI 400 093. Contact No 022-
26814801
Fax No. 022-26875060/61
E-Mail: dgm.cmp@sbi.co.in