Educational Loan

Need financial help for higher studies? Looking for a better reverse mortgage option? SBH has the right loan for you. Whether you are a journalist or into security service, our loans encompass all.
Educational Loan


Purpose : To extend financial assistance to all eligible/ deserving/ meritorious students for pursuing higher education in India & Abroad.
Amount of Loan : For studies in India, maximum `10 lacs
Studies abroad, maximum `20 lacs
Margin : For loans up to `4 lacs: No Margin

For loans above `4 lacs:

  1. Studies in India: 5%
  2. Studies Abroad: 15%
Security :
  1. Amount: For loans upto `10 lacs for Studies in India and upto 20 lacs for studies abroad
  2. Upto `4 lacs: No Security
  3. Above `4 lacs to `7.50 lacs: Collateral security in the form of suitable third party guarantee.
  4. Above `7.50 lacs.: Tangible collateral security of suitable value, along with the assignment of future income of the student for payment of installments.
Rate of Interest : CLICK HERE to view interest rates

CLICK HERE for More Details


  1. Student Should be an Indian National.
  2. Secured admission to professional/ technical courses through Entrance Test / Selection process.
  3. Secured admission to foreign University / Institution.


  1. Fees payable to college/school/hostel
  2. Examination/Library/Laboratory fees
  3. Purchase of Books/Equipment/Instruments/Uniforms
  4. Caution Deposit/Building Fund/Refundable Deposit (maximum 10% tuition fees for the entire course)
  5. Travel Expenses/Passage money for studies abroad
  6. Purchase of computers considered necessary for completion of course
  7. Any other expenses required to co mplete the course like study tours, project work etc.


  1. Completed Education Loan Application Form.
  2. Mark sheets of last qualifying examination
  3. Proof of admission scholarship, studentship etc
  4. Schedule of expenses for the specified course
  5. 2 passport size photographs
  6. Borrower’s Bank account statement for the last six months
  7. Income tax assessment order, of last 2 years
  8. Brief statement of assets and liabilities, of the Co-borrower
  9. Proof of Income (i.e. Salary slips/ Form 16 etc)

Eligible Courses

Studies in India:

  1. Graduation, Post-graduation including regular technical and professional Degree/Diploma courses conducted by colleges/ universities approved by UGC/ AICTE/ IMC/Govt. etc
  2. Regular Degree/ Diploma Courses conducted by autonomous institutions like IIT, IIM etc
  3. Teacher training/ Nursing courses approved by Central government or the State Government
  4. Regular Degree/Diploma Courses like Aeronautical, pilot training, shipping etc. approved by Director General of Civil Aviation/Shipping
  5. Vocational Training and skill development study courses will not be covered under the Education Loan Scheme, as the scheme is framed to provide bank loans for higher studies

Studies abroad:

  1. Graduation/ Post-graduation for job oriented professional/ technical courses offered by reputed universities
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