State Bank of Indore
SARASWATI YOJANA
Eligibility:
Should be an Indian National.
Secured admission to professional/technical courses in India or abroad through Entrance Test/Selection process.
Secured admission to foreign university / institutions.
Loan Amount:
Studies in India: Max. Rs. 10.00 lacs
Studies Abroad: Max. Rs.20.00 lacs
Margin:
Up to Rs. 4 lacs : Nil
Above Rs.4 lacs :
Studies in India : 5%
Studies Abroad : 15%
Interest Rate
Upto Rs.4 lacs:
1.50% below BPLR i.e. 12.25% p.a., 1.50% below BPLR i.e. 12.75% p.a.
Above Rs.4 lacs and upto Rs. 7.50 lacs:
At par with BPLR i.e. 13.75% p.a., At par with BPLR i.e. 14.25% p.a.
Above Rs. 7.50 lacs:
1.00% below BPLR i.e. 12.75% p.a., 1.00% below BPLR i.e. 13.25% p.a.
Contact:
Delhi Tel: 011-23975080,23415044
Bangalore Tel: 080-6708878,25726890
Chennai Tel: 044-25387441,28132758
Hyderabad Tel: 040-24760548,23040182
Kolkata Tel: 033-22103209,22337574
Mumbai Tel: 022 - 26108792, 26108793