SBI Scholarship – How to apply for SBI Schoarlship

State Bank Of India (SBI) Scholarship always welcomes the students to help them in achieving their precious Goal. State Bank Of India (SBI) Scholarship defines that money cannot stop somebody to dream and Fly for that.

 

State Bank Of India Scholarship Offers a Great and Free deal for those who want to live their beautiful dream.  Absolutely correct that’s a Scholarship, provided by SBI  Scholarship which is a government authorized bank. STATE BANK OF INDIA Scholarship keeps their words and crystal clear about the terms & conditions. Forget about to walk 10 times in a bank for Study loan. State Bank Of India (SBI) Scholarship India is always ready for you. State Bank Of India Education Loan has launched and adopted new Technologies to enhance the clarity and processing time for study Loans. State Bank Of India Scholarship is providing study loan at very low rate of Interest, which is very easy to use and repay. SBI Scholarship has full rights to say yes for the student loan to all students who are just willing to study, whether they belong to improving class, middle class or Rich family.

State Bank Of India Scholarship makes you feel free from any burden (loan). Delighting Offers will delight you with delightful Career. Scholarship ensures that their consumer enjoys the loan facility and gaze on their goal only. Preferably, Study loans are common as we understand the value of the time and money.

State Bank Of India  Education loan aims to provide the financial help to those candidate who are deserving and want to pursue higher professional or technical education in India and abroad. State Bank Of India education Scholarship aim to be the very tool that will enable them to reach their goals in life. Now no more deserving Students have to give away their pursuit of dreams due to lack of money. State Bank Of India  Scholarship will ensure that worthy students are empowered to take their destiny in to their own hands. State Bank Of India endeavour is to help the future of our nation in education and prosperity

SBI Scholarship Scheme

  • List AA

ROI – 0.30% above MCLR i.e., 9.40% p.a. at present (UptoRs. 30 Lacs without collateral)

  • List A

ROI – For IIMs: 0.30% above MCLR i.e., 9.40% p.a. at preset

Other Institutions: 0.50%above MCLR i.e., 9.60% p.a. at present (Upto Rs. 20 Lacs without collateral, upto Rs. 30 with collateral)

  • List B

ROI – 0.80% above MCLR i.e., 9.90% p.a. at present (UptoRs. 20 Lacs without collateral)

Further concessions:

0.25% – if collateral security >= the loan amount

0.25% – work experience of more than 2 years

(Effective rate of interest with both concessions not to be lower than 0.40% above MCLR presently, 9.50% p.a.)

  • List C

ROI – 1.90% above MCLR i.e. 11.00% p.a.(UptoRs. 7.5 Lacs without collateral, upto Rs. 30 with collateral)

1% concession for full tenure of the loan, if interest is serviced promptly as and when applied during the moratorium period, including course duration#

 

IT exemption under Section 80(E) in respect of interest paid in all Education Loans

 

3) SBI GLOBAL ED-VANTAGE SCHEME

1.70% above MCLR, currently 10.80% p.a.

0.50% concession for students availing of SBI Rinn Raksha

0.50% concession for girl students

IT exemption under Section 80(E) in respect of interest paid in all Education Loans

 

4) SBI SKILL LOAN SCHEME

1.50% above MCLR, currently 10.60% p.a.

1% concession for full tenure of the loan, if interest is serviced promptly as and when applied during the moratorium period, including course duration#

Note:1% interest concession for servicing interest is available if interest is serviced promptly soon after application but not later than the following month.

IT exemption under Section 80(E) in respect of interest paid in all Education Loans

ALL INTEREST RATES ARE SUBJECT TO CHANGE, WITHOUT NOTICE.         

 

for more information visit on bank website  – www.sbi.co.in

2 thoughts on “SBI Scholarship – How to apply for SBI Schoarlship

  1. Sir.. mera ab b.a degree khatam hui hai aage abi lagana sochi hu thod financial problems hai to mai konse loan aur scholarship ko apply karu????

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