You can take a loan for pursuing studies in recognised schools/colleges/ institutions to meet:

* Tuition and other fees
* Maintenance costs, books & equipments,etc.
* Cost of passage (for studies abroad)
* Caution fund/building fund/refundable deposit


* Should be an India National
* Secured admission to professional/ technical courses through Entrance Test/    Selection process
* Secured admission to foreign university/ Institution

Loan Amount

Need based finance subject to the repaying capacity of the parents/ students with margin and the following ceilings.
* studies in India - Maximum Rs.7.50 lacs
* studies Abroad - Maximum Rs.15 lacs


Upto Rs.4 lacs: No margin

Above Rs.4 lacs
* Studies in India: 5%
* Studies Abroad: 15%


Click here to view the Latest interest rates

Repayment of loan

Repayment Holiday - Course period + 1 year or 6 months after getting job, whichever is earlier.

The loan to be repaid in 5-7 years after commencement of repayment

Prepayments permitted without any penalty

download the application forms


Comments (7)

chandra sekhar
Said this on 4-4-2008 At 02:09 pm
this is very useful for me i really thank to u
mohammed imtiaz.E
Said this on 5-12-2008 At 01:14 pm
yes ,it will be very usefull.soon i will be comming to this bank.thank u
Said this on 7-17-2008 At 01:21 pm
i want study in america
Said this on 4-21-2009 At 01:37 pm
Hi i want education loan for my higher studies any one help me how do i apply for it
Said this on 5-20-2009 At 12:15 pm
hi i want education loan for my studies. plz help me how 2 apply for it.........
Said this on 8-17-2009 At 12:37 pm
is SBIgiving loans for students studying in china medical universities ,my college is recognised by medical council of india
Said this on 10-26-2009 At 01:06 pm

 than you!!!

the information is very useful

Post a Comment
* Your Name:
* Your Email:
(not publicly displayed)
Reply Notification:
Approval Notification:
* Security Image:
Security Image Generate new
Copy the numbers and letters from the security image:
* Message:

Email to Friend

Fill in the form below to send this article to a friend:

Email to Friend
* Your Name:
* Your Email:
* Friend's Name:
* Friend's Email:
* Security Image:
Security Image Generate new
Copy the numbers and letters from the security image
* Message: