{"id":5088,"date":"2018-11-10T10:45:14","date_gmt":"2018-11-10T05:15:14","guid":{"rendered":"http:\/\/scholarship2017.in\/?p=5088"},"modified":"2018-11-10T11:03:33","modified_gmt":"2018-11-10T05:33:33","slug":"sbi-loan-procedure","status":"publish","type":"post","link":"https:\/\/scholarshiplives.com\/?p=5088","title":{"rendered":"SBI Education Loan  &#8211; State Bank of India  Student Loan Scheme"},"content":{"rendered":"<h2>SBI Education Loan<\/h2>\n<p>If you are looking for\u00a0<strong>SBI Education Loan<\/strong> then you are on the right page. Candidates who want to take State Bank of India loan but don\u2019t know about the loan processor can check complete details through this article. Applicants who want to study in higher professional courses and not take admission due to the financial problem then don\u2019t worry about that because State Bank of India is one of the reputed Banks which provides an educational load at the lowest price.<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-8417 aligncenter\" src=\"https:\/\/scholarshiplives.com\/wp-content\/uploads\/2017\/05\/kk.png\" alt=\"sbi education loan \" width=\"196\" height=\"230\" \/><\/p>\n<p>This Bank provides the best opportunity to all candidates who want to make a bright career in India or Abroad. Studies in India: Maximum. Rs. 10 Lack Abroad: Maximum. Rs. 30 Lach with conditions and terms.<\/p>\n<h3><u><strong>State Bank of India Education Conditions and Loan-<\/strong><\/u><\/h3>\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><strong>Predetermined Cost Considered For Loan<\/strong><\/td>\n<td><strong>Repayment Process<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Fee payable to college\/school\/hostel with included Books, Uniforms Equipment\/Instruments, (max.30% of the total tuition fees payable for the achievement of the course)<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Building Fund\/Refundable Deposit (maximum 15% tuition fees for the entire course)<\/p>\n<p>Payment of a Two-wheeler upto Rs. 50,000\/-<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<td>\u00a0<u>Repayment\u00a0Process<\/u>\u00a0will start 1 year after completion of education or 6\u00a0months after securing a job,<\/p>\n<p><strong>Up to Rs. 4 lacs:<\/strong>\u00a0No safekeeping<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Above Rs. 4 lacs to Rs. 7.50 lacs:<\/strong>\u00a0Agreement security in the form of third party guarantee.<\/p>\n<p><strong>Above Rs. 7.50 lacs.<\/strong>\u00a0substantial Guarantee security of suitable value, along with the assignment of future income of the Applicant \u00a0for repayment<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<h3><strong><u>State Bank of India Education Loan Document required-<\/u><\/strong><\/h3>\n<ul>\n<li>Load application form<\/li>\n<li>Proof Income<\/li>\n<li>Student PAN card<\/li>\n<li>Domicile<\/li>\n<li>Passport size photograph<\/li>\n<li>Income tax information for 2 years<\/li>\n<li>Application fee structure<\/li>\n<li>Entrance Letter<\/li>\n<li><strong>SBI credit interest date<\/strong><\/li>\n<\/ul>\n<table style=\"width: 656px;\" border=\"1\" width=\"656\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td><strong>more than Rs.4 lacs and upto Rs.7.50 lacs<\/strong><\/td>\n<td>3.75% above Base Rate, currently 13.45% p.a.<\/td>\n<\/tr>\n<tr>\n<td><strong>Above Rs.7.50 lacs<\/strong><\/td>\n<td>1.75% above Base Rate, currently 11.45% p.a.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><strong><u>Applying Procedure for SBI Education Loan-<\/u><\/strong><\/h3>\n<p><strong>Important notes: &#8211; <\/strong>Courses which are not covered under regular education loan<\/p>\n<p><strong>In India:<\/strong>\u00a0All applied applicants must have\u00a0Graduation \/ Post Graduate level by universities \/ colleges form any recognized university\u00a0 \u00a0 \u00a0\u00a0\u00a0 <strong>In Abroad: <\/strong>Courses offered for under graduate or post graduate to the students applying for technical \/ professional education in alleged universities.<\/p>\n<p><a href=\"https:\/\/www.sbi.co.in\/\"><strong>Official Website<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBI Education Loan If you are looking for\u00a0SBI Education Loan then you are on the right page. Candidates who want to take State Bank of India loan but don\u2019t know about the loan processor can check complete details through this article. Applicants who want to study in higher professional courses and not take admission due\u2026 <span class=\"read-more\"><a href=\"https:\/\/scholarshiplives.com\/?p=5088\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2275,2276],"class_list":["post-5088","post","type-post","status-publish","format-standard","hentry","category-article","tag-how-can-we-apply-for-sbi-loan","tag-process-to-get-sbi-educational-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBI Education Loan - State Bank of India Student Loan Scheme<\/title>\n<meta name=\"description\" content=\"Here on this page, we have discussed SBI Education Loan, Check eligibility\/conditions for applying the State Bank of India Educational loan for studies\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scholarshiplives.com\/?p=5088\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBI Education Loan - State Bank of India Student Loan Scheme\" \/>\n<meta property=\"og:description\" content=\"Here on this page, we have discussed SBI Education Loan, Check eligibility\/conditions for applying the State Bank of India Educational loan for studies\" \/>\n<meta property=\"og:url\" content=\"https:\/\/scholarshiplives.com\/?p=5088\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-10T05:15:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-11-10T05:33:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/scholarshiplives.com\/wp-content\/uploads\/2017\/05\/kk.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/scholarshiplives.com\\\/?p=5088#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/scholarshiplives.com\\\/?p=5088\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"SBI Education Loan &#8211; 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