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SBI Education Loan

Good Future Comes With Good Education - Apply For Education Loan
Name Course Applied For
Phone Country of Study
City Total Course Fee
Email Co-borrower's Income:
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State Bank of India offers Education Loan for the eligible courses, graduation courses, professional courses and courses that are approved by UGC, Government of India AICTE etc.

 

 

SBI Education Loan Features:

  • For studies in India maximum loan amount allotted is Rs Rs 10 lakhs.
  • For studies in abroad maximum loan amount is Rs 30 lakhs.

 

SBI Education Loan Interest Rates:

 

Amount of Loan

Rate of Interest

For loans up to Rs 4 lakhs

13.20 %

Loan from Rs 4 lakhs to rs 7.50 lakhs

13.45 %

Above Rs 750 lakhs

11.45 %

 

Documents Required:

  • Complete Education Loan Form.
  • Mark Sheet of last qualifying exams.
  • 2 passport size photographs.
  • Income Proof (Form 16 and salary slips)
  • Income Tax assessment order of last 2 years.
  • Proof of admission.
  • Expenses of the specified course.

 

 

Repayment Tenure:

Study Place

Loan Amount

Repayment Period

In India

Rs 10 lakhs

5-7 years

In Abroad

Rs30 lakhs

5-7 years

 

 

Expenses covered under this loan:

  • Fees to be payable for school, college and hostel.
  • Examination / Library and Laboratory fees.’
  • Purchase of Books, Equipments, Instruments and Uniforms.
  • Purchase of computers and laptops that are necessary for the completion of the course.

 

 

Leading Education Loan Providers (Click to Apply)
HDFC Bank Education Loan BOI Education Loan ICICI Bank Education Loan Other Banks

 


REMINDER SERVICES EMI CALCULATOR

EDUCATION LOAN INTEREST RATES

 

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