COMPARE : EDUCATION LOANS State Bank of India Education Loan Introduction State Bank of India offers loan to Indian National seeking higher education in India or aboard and have secured admission. Bank gives loan for graduation, post graduation, professional courses, courses approved by UGC/govt./AICTE etc. which have employment prospects. Loan covers all the expenses from fees to purchase of computers, etc. Highlights   Study Abroad Study India Course Post Graduation Graduation Loan Type Term Loan Term Loan Loan Purpose To extend financial assistance to deserving/meritorious students for pursuing full time courses in India at select premier & reputed institutions. To extend financial assistance to deserving/meritorious students for pursuing full time courses in India and abroad at select premier & reputed institutions. Loan Amount Min. - Rs 10000 Max. - Rs 400000 Min. - Rs 10000 Max. - Rs 400000 Margin Money 15 % 5 % Tenure Min. - 1 Yrs. Min. - 1 Yrs. Interest Rate 14 % 14 % Time to Process Loan 7 days 7 days  Fees & charges   Fees & charges   Study Abroad Study India  Eligibility Criteria   Eligibility Criteria  Study Abroad   Study Abroad: Age Min.: 16 Yrs.   Max.: 55 Yrs. Documents Required: ID Proof Yes Age Proof Yes Residence Proof Yes Income Proof Yes Telephone No Photograph Yes Bank Statement Yes Signature Proof Yes  Study India   Study India: Age Min.: 16 Yrs.   Max.: 55 Yrs. Documents Required: ID Proof Yes Age Proof Yes Residence Proof Yes Income Proof Yes Telephone Yes Photograph Yes Bank Statement Yes Signature Proof Yes  Security   Security Required  Terms & Conditions   Terms & Conditions Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) Show All Education Loans Refine your search  Select a Bank: Any Bank ICICI Bank Wizard home loans Magma Shrachi Finance Limited HDFC Bank Fullerton India Credit Company Kotak Bank of Baroda Bank of India Canara Bank HSBC Bank Standard Chartered Bank State Bank of India PNB AXIS BANK ABN AMRO Citi Bank Dena Bank American Express Corporation Bank Allahabad Bank UCO bank Deutsche Bank IndusInd Bank Barclays Indian Bank GE Money India Central Bank of India Tata Capital Limited Bank of Maharashtra Indian Overseas Bank Syndicate Bank Union Bank of India YES Bank Vijaya Bank Jammu & Kashmir Bank Centurion Bank of Punjab Andhra Bank Catholic Syrian Bank Federal Bank IDBI Bank Karnataka bank Oriental Bank of Commerce State Bank of Mysore State Bank of Patiala Bank Of Rajasthan Reliance Capital Ltd. ING Vysya Bank Karur Vysya Bank State Bank of Hyderabad State Bank of Indore State Bank of Bikaner and Jaipur State Bank of Travancore South Indian Bank Development Credit Bank Ltd. United Bank of India  Select a Category: Study India Study Abroad  Select Course: Graduation Post Graduation     State Bank of India Products State Bank of India Credit Cards State Bank of India Auto Loans State Bank of India Home Loans State Bank of India Personal Loans State Bank of India Fixed Deposits State Bank of India Savings Accounts COMPARE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   CALCULATE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   EDITORS' PICKS This is how a bank lends money Collateral and co-applicant requirements... Carnival of Indian Personal Finance Blogs #6 Carnival of Indian Personal Finance Blogs #2 A chronicle of excesses by loan recovery...