List of education loans at concession by State Bank of India

Here is a look at a list of education loans provided by the State Bank of India with concession.

SBI Education loan interest rate in India has been reduced for students who are planning to study abroad. The State Bank of India (SBI) is providing concessions in the interest rates. Here is a look at a few schemes. SBI Student Loan Scheme: Students can take upto Rs 7.5 lakh from SBI at an interest rate of 9.30 per cent. The Marginal Cost of Funds Based Lending Rate (MCLR), which is considered as the lowest rate of interest offered by the bank, would be 7.30 per cent. Female students can get a concession of 0.50 per cent. Girls can also get the concession of o.50 per cent availing of SBI “Rinn Raksha” or any other existing policy assigned in favour of the State Bank of India.