Eligibility
The applicant must have a Graduate degree securing a minimum of 65% marks.


Important Documents
Guarantee of father's property papers structure.


Amount of Loan

	Maximum amount of loan that can be granted for study in India: Rs. 7,50,000.
	Maximmn amount of loan that can be granted for study Overseas: Rs. 15,00,000.

Processing period
A month.


Rate of Interest

	For study in India, for an amount upto Rs. 25,000: 12% For the amount ranging from Rs. 25,000 to Rs. 2,00,000: Rs. 12.25%
	For the amount exceeding Rs. 2,00,000: 14.5%
	For study Overseas, for the amount upto Rs. 2,5,000: 12%.
	For the amount ranging from Rs. 25,000 to Rs. 2,00,000: Rs. 12.25%
	Collateral and Third party Guarantee required.

Repayment
After employment.

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
PO Box No. 51, New Administrative Building
Nilambaug Chowk, Bhavnagar - 364 001
Gen: 0278-439390-9409/420900, Fax: 0278-427032
E Mail: sbs@bom5.vsnl.net.in
Website: www.sbsbank.com