30th May 2018, 12:53 PM
Posts: n/a

Whether State Bank will sanction loan amount to my Student Account?

Hello everyone, I want to know that if my Education Loan from State Bank of India sanctioned possibly then the loan amount will come directly to my Student Account which I have in State Bank of India? Kindly tell me about this as soon as possible.

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24th June 2018, 09:01 PM
Senior Member+++++
Join Date: Jul 2013
Posts: 14,288
Default Re: Whether State Bank will sanction loan amount to my Student Account?

No, the State Bank of India will not deposit the loan amount to your student account. The education loan amount will be directly disbursed to the college/ institute to which you need to pay the amount. So, your student account will not be credited with education loan amount by State Bank of India.
Do you have any question? or have anything to say?

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