SBBJ EDU Loan
 

Hii sir, I wants to get the information about the Education loan of the State bank of Bikaner and Jaipur Please provide me the information about the Education loan of the State bank of Bikaner and Jaipur ?

Re: SBBJ EDU Loan
 

State Bank of Bikaner & Jaipur is an associate bank of State Bank of India. As of 2014, SBBJ had 1,140 branches, mostly located in the state of Rajasthan, India. Its branch network out of Rajasthan covers all the major business centers of India.

The details of the Education loan of the State bank of Bikaner and Jaipur is given below :

Eligibility

The student should be an Indian National.

Should have secured admission to a higher education course in recognized institutions in India or abroad through Entrance Test / Merit Based Selection process after completion of HSC (10+2 pr equivalent) .


Loan Amount

10.00 lacs for education in India
20.00 lacs for education abroad

Security

Upto 4.00 lacs: NIL
Above 4.00 lacs - 7.50 lacs: Third party guarantee

Rate of interest

As applicable from time to time

For girl student – Rate will be 0.50% lower.
Study in prime institutions - Rate will be upto1.00% lower.


Document Required :

Mark sheet of last qualifying examination for school and graduate studies in India
Proof of admission to the course
Schedule of expenses for the course
Copies of letter confirming scholarship, etc.
2 passport size photographs
Statement of Bank account for the last six months of borrower (s)
Income tax assessment order not more than 2 years old
Brief statement of assets and liabilities of borrower.
Documents related to property is being offered as security.
Copies of foreign exchange permit, if applicable

for more details you may visit the nearest branch of SBBJ bank