8.67%
mean rate of interest
Up to 15 years
of repayment period (after Course Period)
NIL
Processing charges for loans up to Rs. 20 lacs



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 abroadLoan 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.
The verdict
-
Rating
How to get
Visit https://sbi.co.in/web/personal-banking/loans/education-loans/student-loan-scheme
Click Apply Now
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HDFC Marriage Loan

A marriage loan is an alternative for you if you want to have the wedding of your dreams with your spouse. It is a personal loan that can be used to cover wedding costs without requiring collateral.