Educational loan calculator for sbi

    • How to get education loan in SBI?

      Here is the procedure to get education loan in SBI. 1. You must have an SBI account. Open a bank account if you do not have an SBI bank account. 2. Decide the education loan amount as per the education fees and overall expenses of the education. 3. There is no requirement of security for a loan amount of less than Rs, 4 lakhs.


    • What is the interest rate under SBI student loan scheme?

      Under the SBI Student Loan Scheme, 10.45% interest rate is offered for up to INR 7.5 lacs with 0.50% concession for girl students, while 10.70% interest rate is offered for above INR 7.5 lacs with 0.50% concession for girl students and 0.50% concession for students availing SBI Rinn Raksha or any other existing policy assigned in favour of SBI.


    • When does SBI student loan repayment start?

      Repayment of your SBI Education loan commences six months after course completion for both the SBI Student Loan Scheme and the SBI Global Edvantage Scheme. Most private banks and NBFCs require at least a partial payment of interest while your studies abroad are still underway.


    • SBI-STUDENT LOAN SCHEME MOST IMPORTANT TERMS AND CONDITIONS

      5. Loan Amount: Studies in India: Medical Courses: Upto Rs. 30.00 lacs Other Courses: Upto Rs. 10.00 lacs Higher loan limit for studies in India may be considered on case -to case basis, maximum upto Rs 50.00 lacs). Studies Abroad: Maximum Rs. 7.50 lacs Higher loan limit for studies abroad are considered under our SBI Global Ed-Vantage Scheme). 6.


    • [PDF File]‘SBI-BITS SCHOLAR LOAN TIE-UP’ - Birla Institute of ...

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      Loan Amount can include expenses to buy Laptop (*upto ₹50,000/-) Insurance for full loan amount provided with loan (One Time Premium of Loan financed along with Fee requirement) No Prepayment Penalty GOI Subsidy available for Students with Family Income less than 4.5 lakh S. No Parameter Details


    • [PDF File]STATE BANK OF INDIA EDUCATION LOAN (03/17)

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      state bank of india education loan (03/17) application cum appraisal form for education loan [please complete all particulars in block letters and tick (√) options wherever applicable] cif no. (for office use) photograph of guarantor account n0. (for office use)


    • [PDF File]STATE BANK OF INDIA EDUCATION LOAN - SBI

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      Housing loan Car loan PF Loan Borrowings from friends and relatives Credit Society Others (Please specify) By Student By Guardian 3. Do you have an existing relationship with SBI, if so, details thereof 4. Do you wish to open a Savings Bank with SBI ? 5. Is any guarantee given to SBI/Other bank Yes No. If yes, details thereof Bank Name / other ...


    • [PDF File]‘SBI-BITS SCHOLAR TIE-UP’ - BITS Pilani

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      Insurance coverage of loan available, covering full loan amount. SBILife- Rinn Raksha Loan amount ONE TIME Premium for 20 years Approx Rs.1250/- for every 1 lakh S. No. Parameters Details 1. Loan Amount Upto Rs. 40 lacs without collateral security 2. Expenses covered Fee payable to college/school/ hostel


    • [PDF File]MOST IMPORTANT TERMS AND CONDITIONS SBI -STUDENT LOAN SCHEME

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      the interest payable on the loan, in case the loan is availed by the applicant. If the applicant does not avail the loan within a period of 4 months of sanction of the loan, the amount will be forfeited. 9. Interest Charges: For Interest Charges, visit our website www.sbi.co.in a. 0.50% concession in interest rate for girl students


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