Education Loan Scheme

Interest RatesDeposit RatesReinvestment PlanSBI NRI Services - Interest Rates
Show More
Loan Schemes - Interest RatesMarginal Cost of fund based lending rateInterest Rate For Borrowers Other Than P Segment - Commercial LoansSME Interest RangeSMEBU 10 years interest rateInterest Rates On Pre Shipment Credit And Export Bill Discounting in Foreign Currency LoansInterest Rates On FCNB Loans To Exporters CorporatesProcessing FeesPenal Interest & Other ChargesMCLR Historical DataBenchmark Prime Lending Rate - Historical DataBase Rate - Historical DataOld Interest Rates - Last 10 YearsSME SegmentAgricultural SegmentSavings Bank Depositscc-od-interest-rateRetail Domestic term depositsDomestic Bulk Term Deposits
Education Loan Scheme

EDUCATION LOAN SCHEMES - RATE OF INTEREST (w.e.f. 10.06.2020)

The interest rates will remain same for entire period of loan

Education Loan Portalmean rate of interest 9.75%.

SBI STUDENT LOAN SCHEME
Loan Limit 3 Year MCLR Spread Effective Interest Rate Rate Type
Upto Rs 7.5 Lacs 7.30% 2.00% 9.30% Fixed
Concession 0.50% concession in interest for girl students
Above Rs 7.5 Lacs 7.30% 2.00% 9.30% Fixed
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
List 1 month MCLR Spread Effective Interest Rate Rate Type
AA ROI 6.70% 0.20% 6.90%
(with co-borrower)		 Fixed
ROI 6.70% 0.30% 7.00%
(with co-borrower)		 Fixed
A All IIMs & IITs 6.70% 0.35% 7.05% Fixed
Other institutes 6.70% 0.50% 7.20% Fixed
B All NITs 6.70% 0.50% 7.20% Fixed
Other institutes 6.70% 1.00% 7.70% Fixed
C All NITs 6.70% 0.50% 7.20% Fixed
Other institutes 6.70% 1.50% 8.20% Fixed
PART-TIME COURSES
(Available only at mapped branches for 15 selected Institutions )
Loan Limit 3 year MCLR Spread Effective Interest Rate Rate Type
Upto Rs 7.5 Lacs 7.30% 2.00% 9.30% Fixed
Concession 0.50% concession in interest for girl students
SBI SKILL LOAN SCHEME
Loan Limit 3 year MCLR Spread Effective Interest Rate Rate Type
Upto Rs 1.5 Lacs 7.30% 1.50% 8.80% Fixed
Concession No Further Concession
SBI GLOBAL ED-VANTAGE SCHEME
Loan Limit 3 year MCLR Spread Effective Interest Rate Rate Type
Above Rs. 20 lacs & Upto Rs 1.5 Cr 7.30% 2.00% 9.30% Fixed
Concession 0.50% concession for students availing of SBI Rinn Raksha or any other existing life policy assigned in favour of our Bank
Further Concession 0.50% concession for girl students
SBI TAKEOVER OF COLLATERALISED EDUCATION LOANS SCHEME
Loan Limit 3 year MCLR Spread Effective Interest Rate Rate Type
Above Rs 10 lacs & Upto Rs 1.5 Cr 7.30% 2.00% 9.30% Fixed
Concession 0.50% concession for girl students

Interest Rates

9.30% p.a.

 

*T&C Apply.

 

View All
SEE PRODUCTS APPLY NOW
Quick Links