#1
31st August 2017, 10:51 PM
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How much amount of education loan SBI provide at 9.5% interest rate?
I want to study degree course so, I need education loan from SBI. I want to know can I get education loan with minimum of 9.5% interest rate? How much amount I can get?
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#2
4th September 2017, 12:44 PM
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![]() Quote:
The applicant can get an education loan in SBI with following interest rates; SBI Student Loan Scheme: Up to Rs 7.5 Lakhs - rate of interest is 10.00% for one year period – concession for girls – 0.50% and for proper repayment another one percent concession available. SBI Scholar Loan Scheme: For all IIMs – rate of interest is 8.35% for one year period For other institutions – rate of interest is 8.50% for one year period SBI Skill Loan Scheme: Up to Rs 1.50 Lakhs – rate of interest is 9.50% for one year period SBI Takeover of Education Loans Scheme; Above Rs 10 Lakhs & up to Rs 1.5 Crore – rate of interest is 9.50% for one year period Candidates can find the details in the SBI education loan website link given Click Here |
#3
4th September 2017, 09:19 PM
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Education loan interest rate depends on the RBI policy guidelines. Banks will provide it within a range, which usually rangers between 11% to 13%.
You can available education loan subsidy on interest, if you belong to a poor family. You need to submit the income proof to get such benefit. |
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