#1
May 13th, 2016, 09:54 AM
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Education loan in State Bank of Bikaner and Jaipur
Hello sir I want to know eligibility for Education loan in State Bank of Bikaner and Jaipur so here can you please give me its details ?
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#2
May 13th, 2016, 09:54 AM
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Re: Education loan in State Bank of Bikaner and Jaipur
Hey as State Bank of Bikaner & Jaipur is an associate bank of State Bank of India. Eligibility 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% 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 Interest rate 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. |