Purpose
	To meet the financial needs of meritorious students for pursuing higher studies in India or abroad
Eligibility
	Students should be Indian nationals.
Amount of finance
	For studies in India: Maximum Rs.7.50 lakhs
	For studies abroad: Maximum Rs.15.00 lakhs
Margin money
	None up to Rs.4 lakhs
	5% for above Rs.4.00 lakhs for studies in India and 15% for studies abroad
Security
	None up to Rs.4 lakhs
	Collateral security equal to 100% of the loan amount or 3rd party guarantee for above Rs.4 lakhs
Repayment Period
	5 to 7 years after completion of course
Processing charges
	None

Important
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.

Head Office
Hybank Towers, Gunfoundry
Hyderabad - 500 001
Gen: 040-3201585, Fax: 040-3201802
E-Mail: sbhmis@hd1.vsnl.net.in
Website: www.sbhyd.com