State Bank Of India Education Loan Online Application

I am customer of State Bank of India (SBI) and want to take education loan from this bank want to apply online. Can you provide me process for State Bank Of India Education Loan Online Application from bank website also tell what the interest rate for taking this education loan?

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State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company.

It is a government-owned corporation with its headquarters in Mumbai, Maharashtra

Below I am providing you the process for State Bank Of India Education Loan Online Application:

1 Visit official portal of bank.

2 In the menu bar you will get personal banking link.

3 Scroll your mouse and click on education loan.

4 You will be redirected to another page looks like:



5 Now proceed accordingly to apply for loan.

Interest rate:

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

Contact:

State Bank of India
State Bank Bhavan, Madam Cama Road
Mumbai-400021.

SBI Office Phone Number: +91-22-22029456
SBI Office Fax Number: +91-22-22742431