2023 2024 Student Forum > Management Forum > Study Abroad

 
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30th April 2016, 01:47 PM
Super Moderator
 
Join Date: May 2012
Re: Education Loan For Study Abroad SBI

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

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

[B]
Education Loan Eligibility
[/B]
Loans to Indian nationals for pursuing approved courses leading to graduate/postgraduate degree and PG diplomas conducted by colleges/ universities recognized by UGC/Govt./AICTE/AIBMS/ICMR etc


[B]Requirement of Security :
[/B]
Up to Rs. 4 lakh- No security, parents to be joint borrower

Between 4-7.5 lakhs- along with parents collateral security in form of third party
Guarantee

Above 7.5 lakhs- Parents to be joint borrowers+tangible collateral security of suitable value required.

[B]Documents Required

Identity Proof (one of the following)[/B]

Driving license
Passport
Pan card
Voter's identity card
A signed verification letter from a recognized public authority or public servant for your identity and residence.
Aadhar card

[B]Address Proof: (one of the following)
[/B]
Passport
Bank account statement
Ration card
Aadhar card
Voter’s ID card
Telephone bill/ water bill/ electricity bill
Allotment letter issued by a government department

[B]Signature Proof: (one of the following)
[/B]
The banker’s signature verification
Driving license
PAN card
Passport copy


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