SBI Student Education Quantity of Loan
For research in Indian, highest possible Rs. 10 lacs
Studies overseas, highest possible Rs. 20 lacs
SBI Knowledge Mortgage Attention Rates
Loan Amount
Rate of Interest
Loans up to Rs. 4.00 Lacs
11.25% p.a.
Loans above Rs. 4.00 Lacs and up to Rs. 7.50 Lacs
12.75% p.a.
Loans above Rs. 7.50 Lacs
11.75% p.a.
An Attention Amount concession of 0.50% to Lady Higher education student obtaining Higher education student Loans
Documents needed for SBI Knowledge Loan
Completed Knowledge Mortgage Program Type.
Mark linens of last determining examination
Proof of entrance grant, studentship etc
Schedule of costs for the specified course
2 ticket dimension photographs
Borrower’s Banking consideration declaration for the last six months
Income tax evaluation purchase, of last 2 years
Brief declaration of obligations and resources, of the Co-borrower
Proof of Earnings (i.e. Wage slips/ Type 16 etc)
Repayment Tenure
Repayment will start one season after realization course or 6 several weeks after obtaining a job, whatever is previously.
Place of Study Loan Amount Repayment Interval
in Years
Studies in India Rs. 10.0 lacs 5-7 Years
Studies Abroad Rs. 20.0 lacs 5-7 Years
Expenses regarded for loan
Fees due to college/school/hostel
Examination/Library/Laboratory fees
Purchase of Books/Equipment/Instruments/Uniforms
Caution Deposit/Building Fund/Refundable Down payment (maximum 10% tution charges for the whole course)
Travel Expenses/Passage cash for research abroad
Purchase of computer systems regarded necessary for realization course
Cost of a Two-wheeler up to Rs. 50,000/-
