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SBI Commercial & International Bank Ltd. (SBICI) is a wholly owned subsidiary of State Bank of India, India's premier banking group .
Eligibility : First
class in last qualifying exam Loan Details Coverage of expenses
Quantum
Margin
Security
Processing Charges 1% of loan amount Rate of Interest
As per bank rule. RepaymentInterest to be serviced regularly during moratorium period (MP). After MP entire outstanding in loan account will be treated as Principal for calculating future EMI's repayable in 10 years after date of first disbursement. Tenure Maximum period 10 years including duration of course Prepayment : No pre-payment penalty Disbursement : In stages - as per requirement, directly to institution /university etc
Contact Details Lokhandwala Complex Branch : |
Click here for the nearest bank branches
Note : Since the rules, regulations, eligibility conditions, repayments and interests rates etc. are revised by the banks from time to time in keeping pace with the changing capital market conditions, students and parents are advised to thoroughly check the terms and conditions of educational loan scheme on offer at the time of application.
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