India’s largest public-sector bank, SBI is known for competitive interest rates, extensive global reach, and robust education loan schemes like Global Ed-Vantage that cater to high-value overseas studies with long repayment tenures.
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Basic bank details
Maximum Loan Amount
Up to ₹1.5 Cr
Interest Rate Range
~9.65%–10.15%
Margin Money
~10%
Processing Fees
₹10,000 + GST
Moratorium Period
Course + 6 months
Repayment Tenure
Up to 15 yrs
Loan Type
Processing Time
Loan Repayment Method
Eligibility Criteria
Indian Nationality: Indian citizen including OCI resident in India for SBI education loan eligibility.
Minimum Age: Applicant typically 18+ for SBI study abroad loan India.
Admission Status: Confirmed enrollment in approved foreign university for SBI overseas education loan.
Academic Record: Strong consistent performance with GRE/IELTS/TOEFL if required for SBI education loan eligibility.
Co-Applicant: Parent/guardian with reliable income and credit for SBI study abroad loan.
Eligible Courses: Graduate/postgraduate/diploma/certificate/doctorate including pathway/pilot training for SBI education loan.
Study Destinations: USA, UK, Canada, Australia, Singapore, Japan, Hong Kong, New Zealand, Europe for SBI overseas student loan.
Collateral Options: Residential property/buildings/fixed deposits for secured SBI education loan.
Document Requirement
Identity Proof: PAN/passport/driver's license/voter ID for SBI student loan application.
Address Proof: Utility bill/Aadhaar for SBI study abroad loan India.
Academic Records: 10th/12th/UG marksheets/entrance results for SBI education loan.
Admission Proof: Acceptance letter for SBI overseas education loan.
Expense Details: Cost statement for SBI study abroad loan.
Photographs: Two passport-size photos for SBI loan processing.
Financial Records: Bank statements if applicable for SBI education loan eligibility.
Identity Proof: PAN/passport/driver's license/voter ID for SBI co-borrower.
Address Proof: Utility bill/Aadhaar for SBI study abroad loan co-applicant.
Income Proof: Salary slips/Form 16/ITR for SBI education loan.
Bank Statements: Last 6 months for SBI loan application.
Assets/Liabilities: Brief statement for SBI overseas education loan.
For Secured Loans:
Property Documents: Registered sale deed/approved plan/30-year chain for secured SBI loan.
Tax Receipts: Latest property tax for SBI study abroad loan.
City-Specific: NA order/NOC/allotment letter for Mumbai/Pune; ULC certificate/encumbrance for Hyderabad; RTC/Khata for Bengaluru in SBI secured loan.
Key Features
Generous Limits: Up to INR 1.5 Cr secured/INR 50 Lakh unsecured for SBI education loan.
Affordable Rates: 9.15%-11.15% with 0.5% concessions for girls/life policy in SBI education loan interest rates 2025.
Complete Coverage: Tuition/living/travel/insurance/pathway costs for SBI study abroad loan.
Extended Repayment: Up to 15 years after course +1 year moratorium for SBI overseas education loan.
No Prepayment Charge: After 6 months for SBI student loan.
Margin Requirement: 15% for abroad in SBI education loan.
Subsidy Schemes: Dr. Ambedkar/CSIS available for SBI study abroad loan.
Tax Relief: Interest deductible under Section 80E for SBI education loan.
How does it work
Total Processing Time
Upload documents securely, get instant verification, and track your application 24/7 through our online platform
Expert Personal Support
Dedicated relationship manager with multilingual support to guide you through the entire loan process
Fastest Loan Processing
Get your education loan approved 3x faster than traditional bank applications with our streamlined process
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