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How to Apply Online SBI Education Loan

In today's post, we are telling you about SBI Education Loan Schema. In this, we will show you how to Apply SBI Education Loan Details as well as how to SBI Education Loan Online Apply. And under this, we can get detailed information about who can do Apply and how much interest rate will be on Loan. As such,


SBI Education Loan Details

There are a total of 4 types of loans offered under the SBI Education Loan Scheme:
  1. Scholar Loan
  2. Global Ed-Vantage
  3. Student Loan
  4. Skill Loan

Scholar Loan Scheme

  • Loan to get higher education in one of the country's leading institutions. Click here for information on leading organizations of choice.
  • 100% loan will be given under this.
  • There will be no processing fee.
  • Under this, the payment period is + 12 months, up to 15 years after the leave of payment.

Eligibility

  • It is very important to be a citizen under the SBI Scholar Loan scheme.
  • Secure admission to vocational/technical courses at major institutions selected through the entrance examination/selection process

Courses Covered

  • Regular full-time degree/diploma courses through the admission test/selection process.
  • Full-time executive management courses like PGPX.
  • No certificate / part-time course.

Global Ed-Vantage Scheme

SBI Global Ad-Vantage is a foreign education loan that seeks full-time regular courses, especially at foreign colleges leases/universities.
  • Apply offline application process
  • Attractive interest rate.
  • Loan amount: Rs 20 lakh to Rs 1.5 crore
  • Payment by EMI for 15 years.
  • Loan approval before I20 / Visa.
  • Tax benefit: Under section 80 (e).

Eligible Courses - Study Abroad

Regular undergraduate /postgraduate/doctoral courses in any discipline offered by foreign institutions/universities in the United States of America, the UK, Canada, Australia, Australia, Europe, Singapore, Japan, Hong Kong, and New Zealand.

Eligible costs

  • Fees payable for college lease / school / hostel
  • Exam / library / laboratory fee
  • Travel expenses / money for study abroad.
  • If necessary to complete the course, purchase books and equipment/equipment/uniforms/computer at a reasonable cost, any other expenses required to complete the course - such as study tour, project work, thesis, etc. It can be considered for secondary debt. This cap should equal 20% of the total tuition fee paid for course completion.
  • Caution Deposits / Building Funds / Refundable Deposits / Amounts considered for loans backed by the Institute's bill should not exceed 10% of the tuition fee for the full course.

SBI Student Loan Apply Online

  • Apply SBI Student Loan Student Online
  • For this, it is very important to have an account in SBI bank, you have to associate it with Ban Online Banking.
  • Click here to apply now for ApplyNline.
  • Now you have to click on the Apply Now Line button.
  • SBI Education Loan
  • After this, you will now be on the Vidya Lakshmi portal.
  • If you want to apply how to do this, you have to click here.

Skill Loan Scheme

A term loan for our citizens to continue the skill development courses in our country of India.
  • Processing fee: zero
  • Margin: zero

Courses and Institute Qualifications

  • Training Institutes / Courses: National Skill Development Corporation (NSDC) / Area Skills Council, State Skill Mission, āŠĶ Associated with Secondary Training Institutes (ITI), State Skill Corporation, courses taken by Polytechnic, leading to certificate/diploma/ degree preferred. General Chat Chat Lounge According to the National Skills Qualification Framework (NSQF), such an organization is eligible for a skilled loan issued by it.
  • According to the National Skills Qualification Framework (NSQF), a college affiliated with a recognized university or a college affiliated college with a recognized university is eligible for a college skilling loan.

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