Education Loan State Bank Of India

I have my account in the State Bank Of India and want to know about the Education Loan of State Bank Of India. Will you please tell me what types of Education Loan is provided by State Bank Of India also tell me details of interest rates of this loan?

[Kiran Chandar]

State Bank of India is an Indian multinational, Public Sector banking and financial services company.

SBI STUDENT LOAN SCHEME:

Loan Amount Rate of Interest

For loans upto Rs.4 lacs
3.90% above Base Rate, currently 13.20% p.a.

Above Rs.4 lacs and upto Rs.7.50 lacs
4.15% above Base Rate, currently 13.45% p.a.
Above Rs.7.50 lacs
2.15% above Base Rate, currently 11.45% p.a.

SBI Loan Scheme For Vocational Education And Training

Rate of Interest

3.90% above Base Rate, currently 13.20% p.a.

1% concession for full tenure of the loan, if interest is serviced promptly as and when applied during the moratorium period, including course duration

Please find the below attachment to get the Education Loan sample format of State Bank of India:

Education Loan State Bank Of India







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Education Loan Scheme
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