Education and Career Forum

I want to study MBBS and I am already preparing for various Medical entrance exams. But the fees of MBBS is not bearable for my family. So, I have decided to take an Education Loan. I have heard that State Bank of Travancore is having a good scheme of Education Loan. I would like to know about the expenses which is covered in this loan scheme.

Education loan provided are
For India INR 10 lacs
For abroad INR 20 lacs
Upto 7.5 lacs without collateral.

Loan interest rate is 9.65% per annum
The loan covers their expenses for education such as
Tution fees
Other expenses related to course
While computing loan required, Scholarship, fee waiver etc in any available to borrower.
Study tour, project, thesis etc.
Expense should not exceed 20% of total loan amount.
Fees
Caution deposit/ building fund etc