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Eligibility: Should have first class marks and have received admission. Repayment After completion of course.

Maximum Amount for India : Rs 400000
Maximum Amount Overseas: Rs 400000



Documents to be submitted: Mark Sheet and should have received admmission.

Time To Process: One and a half Months


Age: Should be above 21 years of age.
Tenures: Maximum 5 years

Interest Rate
In India
Upto Rs 200000 : 12% pa,
Above Rs 200000 : 13.5% pa.
For Overseas
Upto Rs 200000 : 12% pa
Above Rs 200000 : 13.5% pa.
Third Party Guarantee required.




Contact:
Delhi Tel: 5816062, 5749413
Bangalore Tel: 6708878, 6703717
Chennai Tel: 5383109,5387441
Hyderabad Tel: 4754603, 4754898
Kolkata Tel: 2103209
Mumbai Tel: 2073890


State Bank of Indore
If you want to pursue higher education in India or abroad, you can avail of the Student Loan scheme or Saraswati Yojana of State Bank of Indore. Also known as Indore Bank, this bank offers several other kinds of personal loan schemes too to cater to customized needs of individuals. As the history goes, State Bank of Indore was earlier named as Bank of Indore Ltd. It acquired its existing name after it's incorporation into SBI as a subsidiary in 1960. You can scroll down this page to know more about State Bank of Indore Educational Loans.