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  #1  
17th August 2017, 12:14 AM
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Does the SBI give all amount of education loan in one time? Will they deposit loan amount directly in college account?


I want to apply for an education loan of 6 lakh at SBI but I want to know will SBI give all amount in one time? Will they deposit loan amount in students account or directly in college account?




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  #2  
30th December 2017, 08:30 PM
shahi jee
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Join Date: Jul 2017
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Posts: 5,804
Default Re: Does the SBI give all amount of education loan in one time? Will they deposit loan amount directly in college account?

SBI will give all amount not in one time but in installment means year wise. The fee of college of one year in one time. And this amount will be given through Demand Draft which you have to deposit in college.

SBI do not deposit loan amount in students account or not in college account directly.
Do you have any question? or have anything to say?



« How much concession does SBI give if candidate repay whole amount of loan after six month of completion of course? | How to pay an education loan amount before completion of course? Chances to get subsidy? »

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