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Re: State Bank Of India Education Loan Documents Required
The SBI offer education loan for all eligible courses graduation courses, PG courses, Professional courses, EMI Calculator. All the necessary information about Interest Rates, Documents required and expenses considered for loan along with repayments options of Education Loan is: Repayment Period 15 Years after course period Processing Fees Nil Loan amount for India 10 Lakh Loan amount for Abroad 20 Lakh Margin Nil upto 7.5 Lakh, 5% for India, 15& for abroad in case of 7.5 lakh above Loan amount in Case of Scholar Loan Maximum 30 Lakh Loan Amount under Skill Loan Scheme 50000 – 150000 Eligibility: The candidate should be an Indian national and should have secured an admission in a recognized educational institution. Documentation required: The 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 Notification of State Bank Of India Education Loan Maximum Loan Amount: Studies in India - Maximum Rs. 10.00 lacs Studies Abroad - Maximum Rs. 20.00 lacs Margin: Upto Rs.4 lacs: Nil Above Rs.4 lacs: Studies in India: 5 % Studies Abroad: 15 % |
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