#1  
16th February 2016, 02:50 PM
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How can I apply for an Education Loan to study Diploma Engineering course? Benefits of applying for an education loan at SBI?


Respected Sir,
I have completed my 10th this year with 96% marks. I want to apply for the education loan. Kindly tell me the benefit of getting an education loan from SBI Bank. I am taking admission for Diploma Engineering course and want an education loan for this course. Please let me know how I can apply for the same?





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  #2  
18th February 2016, 01:52 AM
ArunavaBasu
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Join Date: Mar 2015
Posts: 2,155
Default Re: How can I apply for an Education Loan to study Diploma Engineering course? Benefits of applying for an education loan at SBI?

You need to take the Letter of admission to the Institute of your choice as a document to the Bank.
Once you have done so, you need to apply for the Loan amount that you want for your course of Diploma.
You must provide the Income tax return of your guarantor as well if your Loan amount exceeds Rs 4 lakhs.
This is what you should do apply for the Educational Loan.
The only advantage when the Educational Loan is from SBI the interest percentage that is charged is 1% less than that of other Banks.




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