SBI Student Loan Scheme
•Expenses considered for loan
•Fees payable to college/school/hostel
•Examination/Library/Laboratory fees
•Purchase of Books/Equipment/Instruments/Uniforms, Purchase of computers-essential for completion of the course (maximum 20% of the total tuition fees payable for completion of the course)
•Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tuition fees for the entire course)
•Travel Expenses/Passage money for studies abroad
•Cost of a Two-wheeler upto Rs. 50,000/-
Any other expenses required to complete the course like study tours, project work etc.
•Amount of Loan
•For studies in India, maximum Rs. 10 lacs
Studies abroad, maximum Rs. 30 lacs
Repayment Tenure
Repayment will commence one year after completion of course orÂÂ
6 months after securing a job, whichever is earlier.
Place of Study Loan Amount Repayment
Period in Years
Studies in India Rs. 10.0 lacs 5-7ÂÂ
Studies Abroad Rs. 30.0 lacs 5-7ÂÂ
Security
Amount For loans upto Rs. 10.00 lacs for Studies in India and upto Rs. 20.00 lacs for studies abroad
Upto Rs. 4 lacs No Security
Above Rs. 4 lacs to Rs. 7.50 lacs Collateral security in the form of suitable third party guarantee. The bank may, at its discretion, in exceptional cases, waive third party guarantee if satisfied with the net-worth/means of parent/s who would be executing the documents as "joint borrower".
Above Rs. 7.50 lacs. Tangible collateral security of suitable value, along with the assignment of future income of the student for payment of installments.
About us | Contact us | Advertise with us | Agent Registration | FAQ | Press Room | Make Payment | Sitemap
Copyright © 2013 ApnaPaisa Pvt. Ltd. All rights reserved.
Privacy Policy
•Expenses considered for loan
•Fees payable to college/school/hostel
•Examination/Library/Laboratory fees
•Purchase of Books/Equipment/Instruments/Uniforms, Purchase of computers-essential for completion of the course (maximum 20% of the total tuition fees payable for completion of the course)
•Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tuition fees for the entire course)
•Travel Expenses/Passage money for studies abroad
•Cost of a Two-wheeler upto Rs. 50,000/-
Any other expenses required to complete the course like study tours, project work etc.
•Amount of Loan
•For studies in India, maximum Rs. 10 lacs
Studies abroad, maximum Rs. 30 lacs
Repayment Tenure
Repayment will commence one year after completion of course orÂÂ
6 months after securing a job, whichever is earlier.
Place of Study Loan Amount Repayment
Period in Years
Studies in India Rs. 10.0 lacs 5-7ÂÂ
Studies Abroad Rs. 30.0 lacs 5-7ÂÂ
Security
Amount For loans upto Rs. 10.00 lacs for Studies in India and upto Rs. 20.00 lacs for studies abroad
Upto Rs. 4 lacs No Security
Above Rs. 4 lacs to Rs. 7.50 lacs Collateral security in the form of suitable third party guarantee. The bank may, at its discretion, in exceptional cases, waive third party guarantee if satisfied with the net-worth/means of parent/s who would be executing the documents as "joint borrower".
Above Rs. 7.50 lacs. Tangible collateral security of suitable value, along with the assignment of future income of the student for payment of installments.
About us | Contact us | Advertise with us | Agent Registration | FAQ | Press Room | Make Payment | Sitemap
Copyright © 2013 ApnaPaisa Pvt. Ltd. All rights reserved.
Privacy Policy
Hi, you provide a good information. For Student Loan please refer to Student Zoom
ReplyDeleteGreat Discussion Title Loans are also an option.
ReplyDeleteLoans have become a part of our basic needs due to hike in cost of living. There are several ways to minimize expenses upto some extent and one of them is
ReplyDeleteSell Gift Cards
Such a nice post. Thanks for sharing.
ReplyDeleteCash Advance Loan