Education and Career Forum

I want to apply for an Education Loan, so that I can study BTech course. I have heard about the State Bank of Travancore Education Loan Scheme. So, I am eligible to apply for an education loan scheme of this Bank.

The eligibility to apply in State Bank of Travancore Education Loan Scheme B.Tech candidates is given below:-

:-You should have confirmed admission to recognized educational institutes in India or abroad.
:-You should be between the age group of 18 to 35 years during loan application.
:-You should have a co-applicant who can be either a parent/guardian or spouse/parent-in-law (in the case of married candidates).
:-The co-applicant must have a regular income source .

Eligibility Criteria required to apply for State Bank of Travancore Education Loan Scheme:

The basic eligibility criteria required to apply for State Bank of Travancore Education Loan Scheme is given below:

Name of the Scheme - State Bank of Travancore Education Loan

>> You should be an Indian Citizen and maximum age should not exceed 35 years for unemployed candidates.

>> Candidates who are from India should be with the secured admission to the professional or technical courses in the recognized institutions.

>> Also the maximum loan amount for studying in India shall be upto Rs.1,000,000/-

>> Usually the state bank of Travancore Education Loan interest rate ranges from 12.60% to 13.85%.