2023 2024 EduVark > Education Discussion > General Discussion


  #2  
June 16th, 2017, 03:11 PM
Super Moderator
 
Join Date: Mar 2012
Re: Rate of Interest for Education Loan in SBI

The State Bank of India offers several types of Education Loans.

I am telling you about Rate of Interest of Education Loan of State Bank of India (SBI) for your reference:

State Bank of India (SBI) Education Loan Rate of Interest

SBI STUDENT LOAN SCHEME
Loan Limit 1 year Spread Interest Reset
MCLR Effective Rate Period
Upto Rs 7.5 Lacs 8.00% 2.00% 10.00% 1 year
Above Rs 7.5 Lacs 8.00% 2.75% 10.75% 1 year

SBI SCHOLAR LOAN SCHEME
List AA ROI 8.00% 0.40% 8.40% 1 year
Concession No Further Concession
List A All IIMs 8.00% 0.40% 8.40% 1 year
Other institutes 8.00% 0.50% 8.50% 1 year
Concession No Further Concession

SBI SKILL LOAN SCHEME
Upto Rs 1.5 Lacs 8.00% 1.50% 9.50% 1 year

SBI GLOBAL ED-VANTAGE SCHEME
Above Rs. 20 lacs & 8.00% 2.50% 10.50% 1 year
Upto Rs 1.5 Cr

SBI EL TIE-UP WITH JAIN SANGH SCHEME
Upto Rs. 4 Lacs 8.00% 2.00% 10.00% 1 year

SBI BIHAR STUDENT CREDIT CARD SCHEME
Upto Rs. 4 Lacs 8.00% 2.00% 10.00% 1 year

SBI TAKEOVER OF EDUCATION LOANS SCHEME
Above Rs 10 lacs & 8.00% 1.50% 9.50% 1 year
Upto Rs 1.5 Cr


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