Know SBI Education Loan Schemes And Apply For It

23 Feb 2016

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Scheme Name : Student Loan Scheme
Note : 0.50 percent concession in interest for this scheme only for female students.
Student Loan Schemes Statistics
Amount for loan : Upto 4 Lacs.
Rate of interest : 2 percent above base rate and 11.30 percent per annum.

Amount for loan : Above 4 Lacs and up to 7.50 Lacs.
Rate of interest : 2 percent above base rate and 11.30 percent per annum.

Amount for loan : Above 7.50 Lacs.
Rate of interest : 1.70 percent above base rate and 11 percent per annum.

Scheme Name : Scholar Loan Scheme
Note : This schemes only for IITs, AIIMS, IIMs, NITs and others well known institutes.(Click here to see the institution name)
Scholar Loan Schemes Statistics
List category : AAAmount for loan : Upto 30 Lacs (Without collateral).
Rate of interest : 0.40 percent above base rate and 9.70 percent per annum.

List category : A
Amount for loan : Upto 20 Lacs (Without collateral).
Rate of interest : 0.40 percent above base rate and 9.70 percent per annum.

List category : B
Amount for loan : Upto 20 Lacs (Without collateral).
Rate of interest : See here

List category : C
Amount for loan : Upto 7.5 Lacs (Without collateral).
Rate of interest : 1.90 percent above base rate and 11.20 percent per annum.


Scheme Name : Skill Loan Scheme

Skill  Loan Schemes Statistics

Rate of interest : 3.90 percent above base rate and 13.20 percent per annum.

For details of the schemes
https://www.sbi.co.in/portal/web/interest-rates/education-loan-scheme

How to apply SBI education loan online?
Click here to apply

Source : www.sbi.co.in

Post Category : Education Loan , SBI