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#1
October 5th, 2017, 10:55 AM
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 BITS Pilani+Education Loan
Hi I would like to have the information about the SBI Scholar Loan Scheme which is offered for students pursuing higher studies at premier Institutes in India?
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#2
October 5th, 2017, 11:52 AM
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| Re: BITS Pilani+Education Loan
Advance for seeking after advanced education in Select Premier Institutions of the nation 100% Financing NO Processing Fee Fast authorize at Designated Campus Branch or more than 5000 Selected Branches everywhere throughout the nation Reimbursement time of upto 15 years after Course Period + a year of reimbursement occasion Qualification Ought to be an Indian National Secured admission to Professional/Technical courses in Select Premier Institutions through Entrance Test/Selection process Courses Covered General full time Degree/Diploma Courses through passageway test/choice process. Full time Executive Management Courses like PGPX No Certificate/Part time courses Costs Covered Expenses payable to College/School/Hostel Examination/Library/Laboratory expenses Buy of Books/Equipments/Instruments Alert store/building reserve/refundable store upheld by Institution charges/receipts [not to surpass 10% of the educational cost expenses for the whole course]. Travel costs/costs on trade program Buy of PC/portable workstation Some other costs identified with instruction 1. No voucher/receipt required, reason (end utilize) should act naturally guaranteed. 2. Use not to surpass 25% of the advance sum (upto a lumpsum measure of max Rs. 1 Lac). 3. Use past 25% top allowed subject to generation of voucher/receipt. Loan Amount & Security Category Maximum Loan Limit No Security, only Parent/ Guardian as co-borrower With tangible collateral of full value and Parent/ Guardian as co-borrower List AA Rs. 30 lacs - List A Rs. 20 lacs Rs. 30 lacs List B Rs. 20 lacs - List C Rs. 7.5 lacs Rs. 30 lacs Rate of Interest: SBI Scholar Loan Scheme    Documents Required Letter of admission Completely filled in Loan Application Form 2 passport size photographs Statement of cost of study PAN Card of the student and Parent/ Guardian AADHAR Card of the student and Parent/ Guardian Proof of identity (Driving Licence/Passport/Aadhar/ any photo identity) Proof of residence (Driving Licence/Passport/Electricity bill/Telephone bill) Student/Co-borrower/ guarantor's bank account statement for last 6 months IT return/ IT assessment order, of previous 2 years of Parent/ Guardian/ other co-borrower (if IT Payee) Brief statement of assets & liabilities of Parent/ Guardian/ other co-borrower Proof of income (i.e. salary slips/ Form 16) Parent/ Guardian/ other co-borrower Contact: SBI BITS Pilani Goa Campus Branch Branch Code: 10720, IFSC: SBIN0010720 TEL: 0832-6482928 or Mobile : 8806660061/8806663351 Email Id: sbi.10720@sbi.co.in
__________________ Answered By StudyChaCha Member |
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