Sunday, February 28, 2010

State Bank of India Education Loans

State Bank of India offers education loans for the students who are willing to pursue their higher studies in India and abroad. Being the largest Bank, State Bank of India provides education Loans at very attractive interest rates to the students.

There are plenty of courses considered eligible for State Bank of India education loans and the banks also offers easy repayment options to make the loan scheme more attractive.

Education loan of State Bank of India is sanctioned to those candidates, who are Indian Nationals. Students can apply the student loan if they get admission to a professional or technical program through selection procedure or entrance test. The education laon applicant will also be considered eligible even if he/she gets admission to a foreign institute.

The maximum amount of education loan offered by State Bank of India for studies in India is Rs.10 lacs and for studies abroad it is Rs. 20 lacs. One can go to the nearest State Bank of India branch office to apply the loan or can apply the education loan at State Bank of India's official website.

This is a Guest post from educational--loans.blogspot.com

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