State Bank Of Patiala Gyan Jyoti

I am customer of State Bank of Patiala and want to take education loan from here heard about the Gyan Jyoti loan want details related to this. Will you please provide State Bank Of Patiala Gyan Jyoti education loan details along with loan details also tell for which courses loan applicable?

[Rajkumar Agarwal]

State Bank of Patiala, founded in 1917, is associate bank of the State Bank Group.

About State Bank Of Patiala Gyan Jyoti education loan:

SBP’s Education Loan schemes give an opportunity to students to pursue education/higher studies, at affordable rates of interest, for various educational courses in India and abroad.

Courses Eligible for SBP Education Loan (Gyan Jyoti Scheme):

Studies in India:

Undergraduate courses like Bachelor of Arts, Commerce, Science, etc.
Postgraduate courses - Master’s degree and Ph.D
Courses in engineering, medical, agriculture, veterinary, law, dental, management, computers, etc.
Certificate courses in computers. The course needs to be conducted by a reputed institute and accredited to the Department of Electronics or institutes affiliated to a university.
Courses like ICWA, CA, CFA, etc.
Courses held in institutes like IIM, IIT, IISc, XLRI, NIFT, etc.
Courses offered in India by reputed foreign universities.
Evening courses conducted by reputed institutes.
Courses conducted by UGC/Govt/AICTE/AIBMS/ICMR approved institutes, bestowing the student with a diploma/degree.
Courses offered by reputed private institutions and any other national institutes.
Courses like Aeronautical, pilot training, shipping, nursing or any other discipline. These courses should be approved by the Director General of Civil Aviation/Shipping/Indian Nursing Council. It can also be approved by any other regulatory body.
Teacher Training course/Nursing course/B.Ed. conducted by Government (central or state) approved training institutions. Such courses should bestow the student only with a degree or diploma and not a certificate course.
Vocational Training and skill development study courses are not covered under this Education Loan Scheme. There is a separate scheme by SBP for such courses.

Interest rate:

Up to Rs. 7.50 lakhs
Base Rate + 2.75% = 12.85% (currently)

Above Rs. 7.50 lakhs
Base Rate + 1.75% = 11.85% (currently)

Contact:
General Manager (Treasury, F & A)
State Bank of Patiala
Head Office,The Mall, Patiala – 147 001
Phone No. 0175-2395629
E-mail id. gmtry@sbp.co.in