SBI (State Bank of India) has launched a new education loan, under which you will get an opportunity to study abroad. SBI has brought a special facility for you, through which you can get benefits ranging from Rs 7.30 lakh to Rs 1.50 crore.
If you also want to study abroad and you are worrying about money, then now you do not have to worry. Actually, the country’s largest public sector bank SBI has brought a special offer for you. Through this, you can get loan benefits ranging from Rs 7.30 lakh to Rs 1.50 crore. SBI (State Bank of India) has launched a new education loan, under which you will get an opportunity to study abroad.
SBI Global Ad-Vantage
The bank has named this loan as SBI Global Ed-Vantage. Through this loan scheme, students of India will get the facility of taking admission and studying in foreign colleges. SBI said that this scheme has been launched to advance the students.
Which courses are there in the scheme?
1. Regular Graduate Degree
2. Post-Graduate Degree
3. Diploma Course
4. Certificate or Doctoral Courses
In which countries can you apply?
It is worth noting that under this loan scheme, you can apply for studies in US, UK, Europe, Japan, Singapore, Hong Kong, Australia, Canada and New Zealand. You can take admission in any of the courses mentioned above.
How much loan will be available up to Rs.
If we talk about the loan, then you will be given a loan of Rs 7.50 lakh to 1.5 crore from the bank. The rate of interest on this loan has been kept at 8.65 percent. At the same time, girls will be given a discount of up to 0.50 percent in this loan. That is, women students will get the loan at the rate of 8.15 percent.
What expenses will be included in the loan
The bank will add travel expenses to the loan. Tuition fees will also be added to this. Library and lab expenses, examination fees, books, library and lab expenses, besides project work, thesis, study tours will also be included in this.
Who can apply for this loan
Marksheet of 10th, 12th and graduation and result of entrance exam will be there. Apart from this, you will have to give admission letter or offer letter of college for admission proof. Apart from this, complete information about your admission expenses in the course has been given. You should also have a copy of the scholarship, free-ship. If there is a gap in the middle of your studies, then you should also have its certificate.
1. Passport size photographs
2. PAN of the student, parents
3. Aadhar card copy
4. 6 months bank account statement of the student’s parents
When to do loan repayment
You can repay this loan after 6 months of taking the loan. Any Indian student studying abroad can repay the loan money in 15 years. In this way, this scheme is a great scheme.
