Adiyogi Enterprises is pleased to partner with SBI Bank to offer an education loan solution that empowers you to pursue your higher education goals. With interest rates starting from 8.65% per annum, SBI Bank provides education loans for both domestic and international studies, with loan amounts ranging from Rs 20,000 to Rs 1.5 Crores.
| Interest Rate | Starting from 8.65% per annum |
| Loan Amount | Rs 20,000 to Rs 1.5 Crores |
| Loan Tenure | Up to 15 years |
| Processing Charges | Rs 500 to Rs 10,000 depending on the loan amount |
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Eligibility for SBI Bank Education Loan includes Indian citizenship, admission to a recognized institution, and the applicant being at least 18 years old (maximum age limit is 35 years for studies in India and 45 years for studies abroad). Both salaried and self-employed individuals can apply for the loan.
Documents required for SBI Education Loan include proof of identity (Aadhaar, passport), proof of residence, admission letter from the institution, academic transcripts, income proof of the applicant and co-borrower, bank statements for the last 6 months, and property documents (if required for collateral loans).
SBI offers competitive interest rates on education loans, starting at around 8.65% per annum, depending on factors like the loan amount, repayment tenure, and the applicant's credit profile.
SBI offers education loans up to INR 10 lakhs for studies within India and up to INR 20 lakhs for studies abroad. Higher loan amounts may be approved based on the applicant's profile and the course selected.
The repayment tenure for SBI Education Loan can range from 6 months to 15 years, with a moratorium period during the course duration and an additional grace period after course completion.
Apply for SBI Bank Education Loan