Wednesday, July 6, 2011

SBI Student Loan

Dream big with SBI Student Loan!

1. Maximum loan of Rs.10 lacs for studies in India.

2. Maximum loan of Rs.20 lacs for studies abroad.

3. No processing fee.

4. Simple interest during moratorium/repayment holiday.

5. 1% interest rate concession for serving interest during moratorium/repayment holiday.

6. Repayment up to 7 years.

7. Repayment starts 1 year after completion of course or 6 months after getting job.

8. No security for loan upto Rs.4 lacs and only parent/guardian as co-borrower.

9. No margin for loans upto Rs.4 lacs.

10. Loans above Rs.4 lacs, 5% margin for studies in India & 15% for studies abroad.

11. Online registration of loan application.

24x4 Helpline: 1800 11 22 11 (Toll free from BSNL/MTNL landlines) or 080-26599990 (other lines) or Visit www.sbi.co.in or Email: contactcentre@sbi.co.in

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