HOW MUCH EDUCATION LOAN CAN I GET

How Much Education Loan Can I Get

How Much Education Loan Can I Get

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SBI Education Loan Limits: Introduction of Domestic and International Education


Introduction


The biggest public sector bank in India, the State Bank of India (SBI), is still a popular option for students looking for College loans. How Much Education Loan Can I Get? SBI provides education loans that are suited to both domestic and foreign applicants and is well-known for its affordable interest rates, government-backed programs, and open application process.

Do the restrictions for studying in India and overseas differ? This article provides a thorough explanation of SBI education loan restrictions, different kinds, and the approximate borrowing amounts for undergraduate and graduate programs.

SBI Education Loan Types

  • SBI provides a variety of loan options according to your studies and location:

  • SBI Skill Loan Program: For courses aimed at developing skills


Loan Limits: Domestic Education (India)




















Loan Type Maximum Loan Amount Collateral Required?
SBI Student Loan Scheme Up to ₹10 lakh No (Up to ₹7.5 lakh); & Yes (Above ₹7.5 lakh)
SBI Scholar Loan Scheme Up to ₹40 lakh No (varies by institution & amount)

Lower interest rates (~8.15%–9.0%) for top-ranking colleges.
Moratorium: Course period + 1 year.

Loan Limits: Overseas Education















Loan Type Maximum Loan Amount Collateral Required?
SBI Global Ed-Vantage Up to ₹1.5 crore Yes (mandatory)

How Much Education Loan Can I Get?? It is intended for post-graduate programs overseas and full-time normal graduate programs.

Qualities:

  • The annual interest rate starts at about 8.75%

  • Extended payback period: up to 15 years

  • Moratorium period: length of the course plus six months


Extra Advantages for SBI Education Loan Recipients

  • Interest-subsidy programs for EWS and minority groups

  • Digital application on the SBI website or Vidya Lakshmi


How to Increase the Approval of Your Loan

  • Select prestigious universities to ensure automatic eligibility under the SBI Scholar program.

  • Verify that the co-applicant, who is typically a parent, has a high CIBIL score.

  • For larger sums, offer collateral such as a home or other property.

  • Prepare all paperwork ahead of time, such as KYC proofs, fee schedules, and admission letters.


Conclusion

SBI education loans in 2025 provide flexible and substantial finance, particularly for students accepted into prestigious domestic or international universities. How Much Education Loan Can I Get? Foreign education loans can reach up to ₹1.5 crore, if you provide collateral security, while domestic loans can reach up to ₹40 lakh (sometimes without collateral).

SBI continues to be one of the greatest options for education loans, assisting students in India and outside in taking confident steps toward prosperous academic futures with competitive interest rates, student-friendly conditions, and transparent procedures.

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