Popular Education Loans In India for Students
Education Loans In India for Students: Planning to go for higher studies? Securing the right Education Loan could be a daunting task. Here are 4 popular Education Loan schemes in India to help you pick one that fits your needs. Here is a list of four popular Education Loan schemes in India: State Bank of India�s Student Loan Loans under the SBI Student Loan Scheme are available for all job-oriented professional, technical graduation degree courses, including diplomas, graduation and post-graduation courses. Under this scheme, you can get a loan up to Rs. 10 lakhs for higher studies in India, and 20 lakhs to study overseas. The SBI student loan comes with no processing fee and offers an interest rate of between 8.30% � 10.70%. The repayment of the loan commences one year after completion of the course or 6 months after securing a job. The scheme covers expenses such as the cost of a two-wheeler up to Rs. 50,000, travel expenses, fees payable to the school/college/hostel,...