With this special loan from SBI, the desire to study abroad is met, check all the details of the project

Education Loan SBI: If you are looking to study abroad and your biggest problem is money. So now through SBI’s special scheme, you can fulfill your dream of getting a loan. The SBI Global Ad-Vantage Loan Scheme is specifically designed for students who wish to study abroad. Tell us what are the features of this project and how you can take advantage of it.

These courses are facilitated

  • Regular Degree Degree
  • Master’s degree
  • Diploma
  • Certificate / Doctorate Course

Students can take admission in any college and any subject in New Zealand, Australia, Canada, Europe, Japan, Singapore, Hong Kong, UK and USA.

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How much money do you get: A person can borrow from Rs 7.50 lakh to Rs 1.50 crore.

Interest rate is: The loan has to pay 8.65% interest. At the same time, female candidates get 0.50% extra relaxation.

When will the money be paid

Refunds must begin 6 months after the completion of the course. But the full amount must be returned in 15 years.

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What is covered under SBI Global Ad-Vantage Loan Scheme

1- Costs associated with travel
2- Tuition fee
3- Library, Testing and Laboratory Fees
4- Book / Material / Computer / Uniform fee also available.
5- Money also available for project work / essay / study tour. But this should not exceed 20% of the tuition fee.
6- The building fund payment / agency bill is made out of the loan amount.

Other facilities

1- The process is faster online.
2- Tax deduction under Income Tax Act 80E.
3- Approval of a loan before obtaining a student visa.
4- Payment for college / school / hostel.

These documents are required

10th, 12th, Degree (if required) and entrance exam results.

Documents such as admission card / gift card / identity card issued by the university.

Statement of expenditure

  • Scholarship and Fellowship related letter.
  • Passport size photo student / parent / guarantee
  • Applicant’s Property Liability Statement

For a person who gets a salary

  • Recent pay slip
  • Sample 16 or IT Return

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For other people

  • Business address proof if needed
  • Latest IT Returns (if required)
  • Bank statement of last 6 months from any parent / guardian / guarantor
  • PAN card of any parent / guardian / guarantor
  • Aadhaar card
  • Passport
  • Voter ID / Driving License / Voter ID

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