Sbi scholar loan scheme education loan by sbi Explained
SBI SCHOLAR LOAN i.e. one type of education Loan by sbi is for pursuing higher education in Select Premier Institutions of the country including IITs, IIMs, NITs, Top State Universities(Engineering and Management), and some more which can be found in the link mentioned below.
Check your Loan Eligibility by clicking here: https://bit.ly/3LX38dD
Eligibility: Indian national who is selected through entrance tests/selection processes.
Courses Covered
Regular full-time Degree (like B.tech)/ Diploma Courses through entrance test/ selection process.
Full-time Executive Management Courses like PGPX
No Certificate/ Part-time courses
First of all, check if your Institute is in this given list of selected Institutes (prepared by SBI), if not, you can’t get it, else read on.
LIST OF PREMIER INSTITUTE FOR SBI SCHOLAR LOAN SCHEME: https://drive.google.com/file/d/170rP...
This list has AA, A, B, and C grade Institutes.
RATE OF INTEREST FOR SBI SCHOLAR LOAN SCHEME:
https://sbi.co.in/web/interest-rates/...
This Scholar Loan by SBI is the best kind of education loan you get in India, not for everyone, but if you are eligible, please take it.
1. No Processing Fee
2. Lowest Interest Rate
3. Repayment period of up to 15 years after 4.Course Period + 12 months of repayment holiday.
5.Fees payable to College (and sometimes transferred directly to your account after you pay the fee and show them (the bank) receipt of your fee payment)
Purchase of computer/laptop (Upto 50k reimbursement (search the meaning yourself) from bank’s side).
Semester fee of Institute and Hostels(even though you opt to stay at a private hostel/PG).
One more important thing, If you have a year gap between your 12th passing year and college admission year (for JEE preparation or anything else), you’ll have to submit the bank an affidavit for it, they will provide the format, so get this done as soon as you can by visiting nearby notary or court, they’ll charge you under Rs. 500 for everything.
FORMAT OF GAP CERTIFICATE: https://drive.google.com/file/d/1oBrB...
Note: All documents should be self-attested, meaning you have to sign the xerox copies of those documents yourself, just your full name ; nothing fancy.
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