• Security: Upto Rs. 7.5 Lacs:Only Parent/ Guardian as co-borrower. No Collateral Security or third party guarantee
  Above Rs. 7.5 Lacs:Parent/ Guardian as co-borrower and tangible collateral security
  

• Margin: Up to Rs 4 Lacs - Nil
  Above Rs 4 Lacs - 5% for studies in India, 15% for studies in abroad

• Loan Amount: 

            Studies in India: Medical Courses: Upto Rs. 30.00 lacs 

                                              Other Courses: Upto Rs. 10.00 lacs 

            Higher loan limit for studies in India may be considered basing on merits on case-to-case basis            

             Studies Abroad: Maximum Rs. 20.00 lacs

• The interest rates will be floating for entire period of loan

• Mean rate of interest is 8.67%

• Repayment period of upto 15 years after Course Period + 12 months of repayment holiday.

• Repayment Holiday/ Moratorium:  Course period plus 1 year, or 6 months after getting job, whichever is earlier.

• 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.