Education and Career Forum

Dear Sir, I want to secure BTech admission in Amity University. I would like to get an education loan for this course in State Bank of India. I would like to know that what securities they will ask for getting an education loan?

Securities against an Education Loan in State Bank of India under SBI student loan scheme for studying BTech in Amity University:

For loan up to Rs. 7.5 Lacs: There is no Collateral Security or third party guarantee required. Only Parent/ Guardian acts as co-borrower.

For loan above Rs. 7.5 Lacs: Parent/ Guardian acts as co-borrower and tangible collateral security equal to loan amount is required.

For more details, visit;
https://www.sbi.co.in/portal/web/stu...m/student-loan

Securities against an education loan in State Bank of India for studying B.Tech course in Amity University are mentioned below:-

—> Loan upto Rs. 7.5 lakhs:- Parent/ Guardian to be co-borrower and no collateral security is required.

—> Loan above Rs. 7.5 lakhs:- Parent/ Guardian to be co-borrower and tangible collateral security equal to bank loan amount is required for submitting to bank.