Well you can apply online for the education loan of the SBBJ you have to go to your nearest branch for the application

Amount loan Could be sanctioned

10.00 lacs for education in India

20.00 lacs for education abroad

Education loan Eligibility


The student should be an Indian National.

You must 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)


Rate of Interest

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.


Documents Required for the Loan

Mark sheet of last qualifying examination for school and graduate studies in India
Proof of admission to the course
Schedule of expenses for the course
Copies of letter confirming scholarship, etc.
2 passport size photographs
Statement of Bank account for the last six months of borrower (s)
Income tax assessment order not more than 2 years old
Brief statement of assets and liabilities of borrower.
Documents related to property is being offered as security.
Copies of foreign exchange permit, if applicable