Documents Required for Education Loan in SBI 2024

Documents Required for Education Loan in SBI 2024

Looking for documents required for education loan in SBI? GyanDhan brings a complete updated list of SBI education loan documents, applicant and co-applicant documents checklist.

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Updated on: 23 Aug 2024 | Reviewed By: Aman

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Established in 1955, the State Bank of India (SBI) stands as India's largest public sector bank, leading in terms of assets, deposits, branches, customers, and employees. Providing a range of financial services, SBI offers education loans tailored for eligible students aspiring to pursue higher education in India or overseas.

The Global Ed-Vantage education loan scheme is designed to facilitate secured education loans for Indian students aiming for higher education abroad. Under this program, students can borrow up to INR 1.5 crore to support their educational pursuits overseas. To avail of this education loan, students must offer collateral with a minimum value equivalent to 90% of the total loan amount.