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  #2  
May 27th, 2016, 12:38 PM
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Join Date: Mar 2012
Re: Education Loan in State Bank of Hyderabad

State Bank of Hyderabad (is a nationalized bank in India, with headquarters at Hyderabad, Telangana. It was founded in 1941 as Hyderabad State Bank

It is one of the five associate banks of State Bank of India and is one of the scheduled banks in India.

As per your demand here I am providing you details of the Education Loan of this bank

Eligible Courses
Studies in India:
-Graduation, Post-graduation including regular technical and professional Degree/Diploma courses conducted by colleges/ universities approved by UGC/ AICTE/ IMC/Govt. etc
-Regular Degree/ Diploma Courses conducted by autonomous institutions like IIT, IIM etc
-Teacher training/ Nursing courses approved by Central government or the State Government
-Regular Degree/Diploma Courses like Aeronautical, pilot training, shipping etc. approved by Director General of Civil Aviation/Shipping
-Vocational Training and skill development study courses will not be covered under the Education Loan Scheme, as the scheme is framed to provide bank loans for higher studies

Studies abroad:

-Graduation/ Post-graduation for job oriented professional/ technical courses offered by reputed universities


Eligibility Criteria
-Student Should be an Indian National.
-Secured admission to professional/ technical courses through Entrance Test / Selection process.
-Secured admission to foreign University / Institution.

Features:

-Fees payable to college/school/hostel
-Examination/Library/Laboratory fees
-Purchase of Books/Equipment/Instruments/Uniforms
-Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tuition fees for the entire course)
-Travel Expenses/Passage money for studies abroad
-Purchase of computers considered necessary for completion of course
-Any other expenses required to co mplete the course like study tours, project work etc.

Document Required:
-Completed Education Loan Application Form.
-Mark sheets of last qualifying examination
-Proof of admission scholarship, studentship etc
-Schedule of expenses for the specified course
-2 passport size photographs
-Borrower’s Bank account statement for the last six months
-Income tax assessment order, of last 2 years
-Brief statement of assets and liabilities, of the Co-borrower
-Proof of Income (i.e. Salary slips/ Form 16 etc)


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