#1  
7th November 2016, 08:16 PM
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Maximum Loan amount to be taken in State Bank of India Education Loan? Interest rates against this Education Loan?


Can anyone of you kindly tell me the maximum amount of loan does a candidate will take from State Bank of India Education Loan? Kindly tell me the Interest rate against an Education Loan in this Bank?





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  #2  
9th November 2016, 07:20 PM
Saikiranreddy47475
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Join Date: Jul 2013
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Default Re: Maximum Loan amount to be taken in State Bank of India Education Loan? Interest rates against this Education Loan?

The maximum loan amount offered by State Bank of India for studies in India is Rs. 10 lakhs and for studies in Abroad, it is Rs. 20 lakhs. Interest rates for SBI Education loan is mentioned below :-

--> For loans upto Rs. 7.5 lakhs :- 2% above MCLR, currently 11.10% p.a.

--> Above Rs. 7.5 lakhs :- 1.85% above MCLR, currently 10.75% p.a.




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