As you want to apply for State Bank of Bikaner and Jaipur Education Loan for further study, so on your demand I am telling its eligibility criteria:

Eligibility

You 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 allow

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 installments (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

Rate of interest

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.