As you asking I am telling State Bank of Bikaner and Jaipur (SBBJ) Education Loan providing financial support from the banking system to meritorious students for pursuing higher education in India and abroad:

Expenses considered for State Bank of Bikaner and Jaipur education loan
Fees for attending college, school or hostel.
Fees payable for Examination, Library and Laboratory.
Travel expenses for studies abroad.
If applicable, Insurance premium for student borrower.
Caution deposit, Building fund, refundable deposits along with proof in the form of institution receipts.
Cost of books, equipment’s, instruments as well as uniforms.
Amount required to purchase computer/laptop at a reasonable cost, if it is required as a part of completion of the course.
Other expenses required as part of the course such as study tours, project work, etc.

Eligibility for this loan
The student should be an Indian National.
Should have secured admission to a higher education course in recognized institutions in India or abroad through Entrance Test / Merit Based Selection process after completion of HSC (10+2 pr equivalent) .

Loan Amount
10.00 lacs for education in India
20.00 lacs for education abroad

Margin
For Loans upto 4 lacs - NIL
For Loans above 4 lacs
For studies in India - 5%
For studies Abroad - 15%

Repayment
Course period + 1year or 6 months after getting job, whichever is earlier.
Repayment of the loan will be in equated monthly instalments (EMI) for periods as under:-
For loans upto 7.5lakhs. - up to 10 years.
For loans above 7.5 lakhs - upto 15.years.

Security
Upto 4.00 lacs: NIL
Above 4.00 lacs - 7.50 lacs: Third party guarantee
Above 7.50 lacs: Equitable mortgage of landed property or other tangible security .

Processing Fee NIL

Interest Rate
As applicable from time to time
For girl student –Rate will be 0.50% lower.
Study in prime institutions - Rate will be upto1.00% lower.
1% Interest concession may be provided by the bank, if interest is serviced during the study period.