State Bank of India (SBI), the largest public sector lender, launched 'Project TATkal', an initiative which focuses on strengthening doorstep service and improving response times on Home Loan applications. The initiative will help the home loan applicants to get the Loan within ''10 Days'' after receipt of application form and relevant supporting documents.

Project TATkal will be rolled out across all the Home Loan marketing and processing outfits in the bank in a phased manner. The implementation will be done at large centres with sizeable Home Loan business.

Recently, the bank has also introduced an Online Customer Acquisition Solution (OCAS) on May 28, 2015 for instant e-approval of Home Loan applications.

Shares of the bank gained Rs 1.15, or 0.43%, to trade at Rs 268.55. The total volume of shares traded was 556,964 at the BSE (3.02 p.m., Friday).