Thursday, July 1, 2010

SBI Student Educational Loan

SBI Student Educational Loan

* Maximum loan of Rs.10 lacs for studies in India
* Maximum loan of Rs.20 lacs for studies abroad
* No processing fee
* Simple interest during moratorium/repayment holiday
* 1% interest rate concession for servicing interest during moratorium/repayment
* Repayment up to 7 years
* Repayment starts 1 year after completion of course or 6 months after getting job
* No security for loan upto Rs.4lacs and only parent/guardian as co-borrower
* No margin for loans upto Rs.4lacs
* Loans above Rs.4lacs,5% margin for studies in India and 15% for studies abroad
* Online registration of loan application

For more information contact-:
Helpline- 1800 11 22 11 or 080 26599990
Email- contactcenter@sbi.co.in
http://sbi.co.in/

1 comments:

Unknown said...

Dear sir,

iwas submitted my brother education application STATE BANK OF INDIA , MELVISHARAM branch
Online Application Number:440615001351

Till status not updated for this application, Kindly update the status

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