Hey , you have to collect Application Form of State Bank of Patiala to avail Education Loan from nearest branch of bank .

SBP - Gyan Jyoti (Education loan scheme)

Loan amount
Minimum : No Limit
Maximum :
Studies In India - Rs. 10.00 lacs
Studies Abroad - Rs. 20.00 lacs

Loan Term
For Loans upto Rs.7.50 lacs :
Upto 10 years

For Loans above Rs.7.50 Lacs :
Upto 15 years

Interest rates :
a) Interest Chargeable (In case of Floating Rate Loans)

a) Loans upto Rs.7.50 Lacs :
12.25% (2.75% above MCLR i.e. 9.50%)

Loans above Rs.7.50 Lacs :
11.25% (1.75% above
MCLR i.e. 9.50%)

Details of Security Collateral Obtained
For Loan upto Rs.4.00 lacs :
NIL

For loans above RS 4.00 lacs and upto Rs 7.50 lacs :
Suitable Third Party Guarantee

For Loans above Rs 7.50 lacs :
Tangible Collateral
Security of Suitable Value