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State Bank of India makes your academic experience in India’s top- notch institutions memorable with its SBI education loan scheme. The loan is sanctioned for students who have secured admissions in IIMs, ISBs, XLRI, BITS Pilani, IIFT, IIT, ISM, IMT, KMC, MDI, NITIE, NIT or other prestigious institutions through entrance examinations. The loan amount varies from INR 7.5 Lakhs – 35 lakhs based on the institution’s ranking in SBI’s list. Buddy4Study Education Loan ensures faster loan processing without any service charges and optimal loan repayment period of 15 years with one-year repayment holiday post course completion.
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