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State Bank of Mysore Education Loan
Introduction
State bank of Mysore has designed Gnanamitra educational loan to provide financial help to students to take up higher education and join professional courses. Bank gives second loan to student on the condition the student secures 60% marks in existing course. Bank gives insurance policy on the life of the student borrower. The amount of the policy is equivalent to the loan and after 5 years the policy can be convertible whole- life one for 25/30 years.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Purpose Tuition and other fees / maintenance costs / books and equipment and cost of passage Tuition and other fees / maintenance costs / books and equipment
Loan Amount Min. - Rs 50000
Max. - Rs 400000
Min. - Rs 50000
Max. - Rs 400000
Interest Rate 13.25 % 13.25 %
 Fees & charges
 Terms & Conditions
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