SA_Scholarships & Loans

Fixed rate of interest remains same for your entire education loan's tenure. Floating rates of loans can change over time, depending on market conditions and repo rate. RBI decides repo rate. It is suggested to choose fixed ROI, if you want stability, and floating ROI if you can handle fluctuations.

Yes, you can get it easily. Many Indian banks and NBFCs offer education loan without collateral for MBBS studies, especially for reputed universities.

The maximum collateral-free limit is not same for every lender. It generally falls between INR 7.5 Lacs to INR 75 lakh, depending on the lender and your eligibility.

The student loan ammount depends on various factors such as student's academic profile, university reputation, collateral value and credit score of co-applicant. If everything goes right, you can get up to 3 Cr for covering the cost of study. 

Banks offer upto INR 7.5 Lacs without collateral to study in India or abroad.

Education loans for MBA abroad typically cover tuition and admission fees. This includes cost of books, study materials (including laptop), travel expenses like airfare, and living costs such as boarding and lodging. Bank may cover health insurance premiums but that depends on lenders.

The SBI Global Ed-Vantage education loan is available for students pursuing higher education in countries mentioned below:

USA, UK, Canada, Australia, Singapore, Japan, Hong Kong, New Zealand, Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, and Switzerland.