State Bank of Indore Education Loan

Feb 17, 2011, 16:06 IST

Find out State Bank of Indore , Education Loan, Interest rate 2011, payment options, eligibility, form details, subsidy, term and

conditions, scheme and other details.

EDUCATION LOAN (SARASWATI YOJANA)

PURPOSE
To extend financial assistance to deserving meritorious students for pursuing higher education in India & abroad.

ELIGIBILITY
Should be an Indian National.
Secured admission to professional/technical courses in India or abroad through Entrance Test/Selection process.
Secured admission to foreign university / institutions.

LOAN AMOUNT
Need based finance subject to repaying capacity of parents / students. Studies in India:
Max. Rs. 10.00 lacs Studies
Abroad: Max. Rs.20.00 lacs

MARGIN
Up to Rs. 4 lacs : Nil
Above Rs.4 lacs : Studies in India : 5% Studies Abroad : 15%

INTEREST RATE

Click here for Further Information

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