SBI Education Loan Interest Rate 2024, SBI Education Loan Latest Updated Current Rate
Education is the foundation for a brighter future, and financing higher studies can be made hassle-free with an SBI Education Loan . Known for its affordable interest rates, flexible repayment terms, and easy application process, State Bank of India (SBI) is a trusted name for educational loans in India. Whether you’re planning to study in India or abroad, SBI offers tailored solutions to meet your financial needs. Let’s have a look at the latest SBI Education Loan Interest rates.
SBI Education Loan Interest Rate 2024
SBI STUDENT LOAN SCHEME Loan Limit EBR CRP Effective Interest Rate Rate Type Upto Rs 7.5 Lakhs 9.15% 2.00% 11.15% Floating Concession 0.50% concession in interest for girl students Above Rs 7.5 Lacs 9.15% 2.00% 11.15% Floating Concession 0.50% concession in interest for girl students 0.50% concession for students availing of SBI Rinn Raksha or any other existing policy assigned in favour of our Bank
SBI SCHOLAR LOAN SCHEME (Including TAKEOVER and PART-TIME COURSES for select institutes) List EBR CRP Business Strategy Premium/ Discount Effective Interest Rate Rate Type AA IITs 9.15% 0.00% (-) 1.05% to (-) 1.00% Starting 8.10% (With or without co-borrower)Floating Other institutes 9.15% 0.05% (-) 1.15% to (-) 1.05% Starting 8.05% (With or without co-borrower)Floating A IITs 9.15% 0.00% (-) 1.00% 8.15% Floating Other institutes 9.15% 0.50% (-) 1.00% 8.65% Floating B All NITs 9.15% 0.50% (-) 1.00% 8.65% Floating Other institutes 9.15% 1.00% (-) 1.00% 9.15% Floating C All NITs 9.15% 0.50% (-) 1.00% 8.65% Floating Other institutes 9.15% 1.50% (-) 1.00% 9.65% Floating
SBI SKILL LOAN SCHEME Loan Limit EBR CRP Effective Interest Rate Rate Type Upto Rs 1.5 Lakhs 9.15% 1.50% 10.65% Floating Concession No Further Concession
SBI GLOBAL ED-VANTAGE SCHEME Loan Limit EBR CRP Effective Interest Rate Rate Type Above Rs. 7.50 lakhs & Upto Rs 1.5 Cr 9.15% 2.00% 11.15% Floating Concession 0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank Further Concession 0.50% concession for girl students
SBI TAKEOVER EDUCATION LOANS SCHEME (Under Student Loan & Global Ed-Vantage Scheme) Loan Limit EBR CRP Effective Interest Rate Rate Type Above Rs 10 lakhs & Upto Rs 1.5 Cr 9.15% 2.00% 11.15% Floating Concession 0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank Further Concession 0.50% concession for girl students
SHAURYA EDUCATION LOAN (For spouse/wards of Defence, Indian Coast Guard & Central Armed Police Personnel) Loan Limit EBR CRP Effective Interest Rate Rate Type Upto 7.50 lakhs 9.15% 2.00% 11.15% Floating Concession 0.50% concession in interest for girl students Above Rs. 7.50 Lakhs & Upto Rs. 1.50 Cr In case of Secured Loan 9.15% 2.00% 11.15% Floating In case of Unsecured Loan 9.15% 2.60% 11.75% Floating Concession 0.50% concession for girl students 0.50% concession for students availing of SBI Rinn Raksha or any other existing life insurance policy assigned in favour of our Bank