Fees & Charges
Promised Interest Rate
"SBH immediately acknowledged my education loan, I had taken the loan amount of Rs.3 Lakhs with a very nominal interest for the tenure of four years. Its really good experience, now my loan got closed with SBH, I did not face any issues with them, also everything happened in a smooth manner."
Any of the following courses, as offered by recognized universities, is eligible for an education loan in India-
Generally, there are no restrictions. Most banks and financial institutions do not impose this rule. However, certain lenders do mark an age limit spanning from 16-35 years.
Not immediately. However, after you start repaying, you are free to deduct the loan interest amount from your total income when calculating tax.
The applicant is expected (and mandated) to submit his/her progress reports periodically. The progress reports could be mark sheets or a suitably attested letter from the applicant’s school/college.