Student Loan In India

When it comes to studying abroad there is only one study loan that can help you right through. So Think Smart Think Avanse . Avanse Student Loan In India: Click here to apply now. : http://avanse.com/start-smart/?source... Avanse is a new age education finance company(www.avanse.com). We are an Associate Company of Dewan Housing Finance Ltd. (DHFL), a leading player in the housing finance sphere. Avanse is a Non Banking Finance Company (NBFC) and is regulated by the Reserve Bank of India. Think Smart: Get the Avanse Edvantage: -100% Education Finance - No Margin Money -Flexible Repayment Structuring -4 days* Loan Sanction -Customized Loan Solutions -Option to Repay from Abroad -No Upper Limit on Loan Amount -Attractive Interest Rate: 12.75%* -Doorstep Service -Hassle-free & Transparent Process -Post Disbursement Online Account Management

EDUCATION LOAN SCHEME Base Rate 9.85% w.e.f. 10.04.2015 EDUCATION LOANS

1) STUDENT LOAN SCHEME Loan Amount Rate of Interest* For loans upto Rs.4 lacs 3.50% above Base Rate, currently 13.35% p.a. Above Rs.4 lacs and upto Rs.7.50 lacs 3.75% above Base Rate, currently 13.60% p.a. Above Rs.7.50 lacs 1.75% above Base Rate, currently 11.60% p.a. NRI SERVICES INTERNATIONAL BANKING GROUP COMPANIES CORPORATE BANKING SERVICES SBI Quick Links Quick Links PRODUCTS / SERVICES Select Services LOCATORS HOME Interest Rates Deposit Rates Savings Bank Deposits NRI Loan Schemes Interest Rates Home Loans Interest Rates With Effect From 13.04.2015 Auto Loans Education Loan In India Scheme Personal Loans Schemes Loans against Securities Gold Loans Loans against Property SBI Career Loan Processing Fees Penal Interest & Other Charges Agricultural Segment SME Segment Old Interest Rates (Last 10 Years) Interest Rate For Borrowers Other Than P Segment Interest Rates On FCNB Loans To Exporters Corporates Base Rate (Historical Data) Benchmark Prime Lending Rate (Historical Data) SBI Corporate Website Interest Rates Loan Schemes - Interest Rates Education Loan Scheme EDUCATION LOAN SCHEME Base Rate 9.85% w.e.f. 10.04.2015 EDUCATION LOANS

1) STUDENT LOAN SCHEME Loan Amount Rate of Interest* For loans upto Rs.4 lacs 3.50% above Base Rate, currently 13.35% p.a. Above Rs.4 lacs and upto Rs.7.50 lacs 3.75% above Base Rate, currently 13.60% p.a. Above Rs.7.50 lacs 1.75% above Base Rate, currently 11.60% p.a. *(0.50% concession in interest for girl students) (1% concession for full tenure of the loan, if interest is serviced promptly as and when applied during the moratorium period, including course duration#) IT exemption under Section 80(E) in respect of interest paid in all Education Loans

2) SCHOLAR LOAN SCHEME List of 93 institutions (list enclosed) Related Links – List of 93 institutions Rate of Interest: List ROI List AA 25 bps above Base Rate i.e., 10.10% p.a. at present List A 25 bps above Base Rate i.e., 10.10% p.a. at present List B For loans upto Rs. 20 lacs (No Security, only Parent/ Guardian as co-borrower): 50 bps above Base Rate i.e., 10.35% p.a. at present Further concessions: 25 bps – if collateral security >= the loan amount 25 bps – work experience of more than 2 years (effective rate of interest with both concessions not to be lower than 25 bps above Base Rate presently, 10.10% p.a.) List C 175bps above Base rate i.e. 11.60% p.a. 1% concession for full tenure of the loan, if interest is serviced promptly as and when applied during the moratorium period, including course duration# Click here for List of Institution IT exemption under Section 80(E) in respect of interest paid in all Student Loan In India

3) SBI LOAN SCHEME FOR VOCATIONAL EDUCATION AND TRAINING Rate of Interest 3.50% above Base Rate, currently 13.35% p.a. 1% concession for full tenure of the loan, if interest is serviced promptly as and when applied during the moratorium period, including course duration# Note:1% interest concession for servicing interest is available if interest is serviced promptly soon after application but not later than the following month. IT exemption under Section 80(E) in respect of interest paid in all Education Loans

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