State Bank of Bikaner & Jaipur

A term loan granted to Indian Nationals for pursuing higher education in India or abroad where admission has been secured.

Eligible Courses:

All courses having employment prospects are eligible.
Graduation courses/ Post graduation courses/ Professional courses.
Other courses approved by UGC/Government/AICTE etc.

Loan Amount:

For studies in India, maximum Rs. 7.50 lacs
Studies abroad, maximum Rs. 15 lacs

Interest Rate:

For loans upto Rs. 4 lakh 11.25% p.a.
For loans above Rs. 4 lakh 12.25% p.a.

Repayment Tenure:

Repayment will commence one year after completion of course or 6 months after securing a job, whichever is earlier. The loan is to be repaid in 5-7 years after commencement of repayment.


Amount Studies in India
Upto Rs. 4 lacs No Security
Above Rs. 4 lacs to Rs. 7.50 lacs Third Party Guarantee
Above Rs. 7.50 lacs to Rs. 15 lacs Tangible Collateral security of suitable value of loan or third party guarantee.


For loans up to Rs.4.0 lacs : No Margin
For loans above Rs.4.0 lacs upto Rs.7.50 lacs.
Studies in India: 5%
Studies Abroad: 15%