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What is SBI Global Ed Vantage scheme?

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What is SBI Global Ed Vantage scheme?

SBI Global Ed-Vantage is an overseas education loan exclusively for those who wish to pursue full time regular courses at foreign colleges/universities. Key features include: Faster: Online application process. Lighter: Attractive interest rate. Higher: Loan amount of Rs.

Does SBI education loan cover living expenses?

Your living expenses will also be covered by the student loan. According to the terms of the SBI Global Edvantage loan scheme, you will be given a forex or travel card for your initial expenses which you can use like a debit card.

Which bank is best for overseas education loan?

Top Education Loans Providers in India for Study Abroad

  • HDFC Bank. HDFC Bank offers education loans with preferential interest rates for reputed universities.
  • State Bank of India.
  • Axis Bank.
  • Punjab National Bank.
  • Bank of Baroda.
  • Canara Bank.
  • IDBI Bank.
  • Avanse Financial Services.
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How can I get a student loan without collateral?

Documents required for unsecured education loan

  1. KYC documents.
  2. 2 passport-size photographs of the applicant and co-applicants.
  3. Bank Statement of last 6 months.
  4. Optional – Guarantor Form.
  5. Copy of offer letter of the Institute/university with fees schedule.

Is GIC included in education loan?

Now that you have read about how Canada GIC accounts work, it must be clear that the GIC amount is nothing but students’ living expenses for a year. This is automatically included in the education loan.

Which bank is best for education loan in Kerala?

Education Loan In Kerala

Bank Interest Rate(\%)
State Bank of India 8.3-10.7\% Find My Rate Know More >>
Axis Bank 10.5-15\% Find My Rate Know More >>
Avanse 12-14.5\% Find My Rate Know More >>
InCred 11.75-14\% Find My Rate Know More >>

Can we take 2 education loans?

Well, the answer to the above question is – Yes, a student can be eligible for a second education loan. For this, they can either apply for a second education loan from the bank they already have taken their first loan from or they can apply to a different bank.

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Is cibil score required for education loan?

One of the most prominent factors in an education loan is the CIBIL score of the applicant and the co-applicant. The score can range from 1 – 999. However, the ideal CIBIL score to get an education is 750 and above. Applicants with a CIBIL score below 600 would face difficulty in getting loan approval.

Can I take two education loans?