Scholar Loan Scheme SBI For Study In India

SBI Education
Loan EMI Calculator

Loan Amount (₹)

Interest Rate (%)

Tenure (Yrs)

EMI (₹) - 0

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GLOBAL ED ADVANTAGE

Interest
Rate

Loan limit	Interest Rate
Upto 30 lacs	8.30-9.95 %

Loan Amount &
Security

Secured	Unsecured
---	Upto 35 Lacs (For List AA colleges)
Upto 30 Lacs( For list A colleges)	Upto 20 Lacs (For List A colleges)
---	Upto 20 Lacs (For list B colleges)
Upto 30 Lacs( For List C colleges)	Upto 7.5 Lacs (For List C colleges)

Charges &
Repayment

Processing fees	Nil
Repayment period	15 years
Moratorium period	Course of study + 12 months

Eligibility
Criteria

Indian Nationals
Secured admission into premier institute

Key Benefits &
Coverage

Financing	100%
Concessions	0.25% concession on ROI for collateral security > loan amount (For List B colleges) 0.25% concession on ROI if 2 year work experience(For List B colleges) 1% concession on ROI if interest is serviced promptly as and when applied during the moratorium period( For List C colleges)
Course covered	Regular full time Degree/ Diploma Courses through entrance test/ selection process. Executive Management Courses like PGPX No Certificate/ Part time courses
Expenses covered	College fees, book & laptop purchase, travel expenses and any education related expenses.

Required
Documents

	Student	Co-Borrower
KYC	Aadhaar 2 passport photo	Aadhaar & Pan card residence proof
EDUCATION	Admit letter cost of study statement X & XII mark sheet	---
INCOME	Pan card 6 months bank account statement	6 month bank account statement ITR of last 2years /form 16 Income proof(salary slip)
SECURITY	---	Assets and liabilities brief statement

Ms. Pooja Soni

Email ID: care@credenc.com

Phone No.: 1800 121 0057

Address: Ground Floor, Building-10, Tower-A, Cyber City, DLF Phase 2, Gurugram, Haryana 122002

Registered Office :

2nd Floor, DLF Centre, Sansad Marg,
New Delhi – 110001

Corporate Office :

Ground Floor, Building-10, Tower-A, Cyber City, DLF Phase 2, Gurugram, Haryana – 122002

CIN No. - U74999DL2017PTC319926

Lender	Name	Interest Rates Offered*	Contact Details	Recovery Practices
	Capital India Finance Limited Link: https://www.capitalindia.com/	10% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)
	Capital India Home Loans Limited	15% to 25%	Tele calling by In-house team, followed by field visits from Internal teams (as required)