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#1
30th May 2018, 11:53 AM
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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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#2
24th June 2018, 08:01 PM
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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.
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