28th September 2016 03:02 PM | |
shikha | Re: Education Loan Documents Required SBI State Bank of India Student Loan Scheme is offered to Indian nations for pursuing higher studies in India or at a foreign Institution. SBI Scholar Loan scheme is offered to students who have secured admissions in premier Indian institutions. Separate Loan Scheme is offered for Pursuing Vocational Education and training in India. Amount of Education Loan: Without Security With Security List AA Rs.30 Lakhs NA List A Ra.20 lakhs Rs.30 lakhs List B Rs.20 lakhs NA List C Rs.7.5 lakhs Rs.30 lakhs Following Documents are to be submitted to complete the application process. Letter of admission Duly filled and signed loan application form 2 recent passport size photographs Statement of cost of study PAN Card, AADHAR card of student and parent/guardian Proof of identity and proof of residence IT returns or IT assessment order of previous two years of the co-borrower Statement of assets and liabilities of parent/guardian Proof of income of parent/guardian Eligibility: Applicant should be an Indian national and should have secured an admission in a recognized educational institution. For SBI Scholar scheme, the student should have secured an admission in one of the 93 premier Indian institutions. For Vocational Education loan, the student should have obtained an admission in a government certified training institute. Interest Rates: Loan Amount Rate of Interest Up to Rs.4 lakhs 3.50% above base rate Above Rs.4 lakhs and up to Rs.7.5 lakhs 3.75% above base rate Above Rs.7.50 lakhs 1.75% above base rate |
28th September 2016 02:35 PM | |
Unregistered | Education Loan Documents Required SBI Hello Buddy , I wan t to know What is the Required Eligibility and Documents Required for Education Loan of State Bank of India , Would you please give me ? |