What are different education loan schemes in SBI?|How much loan can I get from SBI for education?
SBI global Ed-Vantage scheme
SBI introduced this scheme for those students that are planning to go out of India for their higher education. The benefit of this scheme is that it offers a low interest rate with a fast review of the application of students.
It allows a maximum loan amount of Rs 1.2 crore and the minimum loan amount is Rs 20.00 lakh.
For which courses & where this loan eligible?
Institutes & universities situated in USA, UK, CANDA, AUSTRALIA, EUROPE, SINGAPORE, JAPAN, HONG KONG and NEWZEALAND.
SBI student loan scheme
SBI student loan scheme is offered by SBI to students who want to pursue their higher education in India or abroad.
How much maximum loan amount can be availed from SBI student loan scheme?
If any student wants to secure higher education in India then the maximum loan amount is Rs. 10.00lakh. For education in a foreign country, the maximum amount of loan is Rs 20.00 lakhs.
For the need of an additional loan amount for studying abroad, the students can apply the SBI global Ed-Vantage scheme.
SBI skill loan scheme
SBI skill loan scheme is a boon for those students who want to acquire vocational skills in this competitive era and want to secure their future. The scheme offers loans at attractive interest rates.
Under this scheme, SBI offers a maximum loan amount of Rs. 1.50lakh. The minimum loan amount is Rs. 5,000.
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