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    The document provides information about State Bank of India's scholar loan offered through their IIIT Gachibowli branch in Hyderabad, Telangana. The maximum loan amount is Rs. 20 lakhs with an interest rate of 8.05% for applicants with a co-applicant. The repayment period is 15 years including a moratorium period after course completion or getting a job. There are no processing charges, documentation charges, collateral requirements, or prepayment penalties listed. Co-borrowers can be either parent, and guarantors are not required.

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    Scholar-Loan

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    The document provides information about State Bank of India's scholar loan offered through their IIIT Gachibowli branch in Hyderabad, Telangana. The maximum loan amount is Rs. 20 lakhs with an interest rate of 8.05% for applicants with a co-applicant. The repayment period is 15 years including a moratorium period after course completion or getting a job. There are no processing charges, documentation charges, collateral requirements, or prepayment penalties listed. Co-borrowers can be either parent, and guarantors are not required.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    11 views1 page

    Scholar Loan

    Uploaded by

    wojaca
    The document provides information about State Bank of India's scholar loan offered through their IIIT Gachibowli branch in Hyderabad, Telangana. The maximum loan amount is Rs. 20 lakhs with an interest rate of 8.05% for applicants with a co-applicant. The repayment period is 15 years including a moratorium period after course completion or getting a job. There are no processing charges, documentation charges, collateral requirements, or prepayment penalties listed. Co-borrowers can be either parent, and guarantors are not required.

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    © All Rights Reserved
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    IIIT GACHIBOWLI BRANCH

    VINDHYA C6, BLOCK 7, IIIT CAMPUS, GACHIBOWLI


    HYDERABAD, Telangana -500032
    Phone No.: 040-66531323 || EMAIL: sbi.21161@sbi. co.in
    Br Code: 21161 || MICR: 500002433 || IFSC: SBIN0021161

    SCHOLAR LOAN

    Maximum Loan Amount Rs.20.00 Lakhs


    Rate of Interest With co-applicant: 8.05% (floating)
    Repayment Period 15 Years (excluding moratorium period i.e. course period +
    1 year or 6 months after getting job whichever is earlier)
    Collateral Security Nil
    Processing Charges Nil
    Documentation Charges Nil
    Insurance Not Mandatory
    Loan Pre-Payment/Pre Nil
    Closure Charges
    Co-Borrower Either of the parent
    Guarantor Required No
    Authorised Branches State Bank of India, IIIT Gachibowli Branch, Hyderabad
    Branch Email: sbi.21161@sbi.co.in
    Contact No.: 040-66531323
    Loan Process We will forward application, checklist, affidavit and asset &
    liability form through email. Applicant has to take printout
    and fill the form and courier it to our Branch address:

    IIIT GACHIBOWLI BRANCH VINDHYA C6, BLOCK 7, IIIT


    CAMPUS, GACHIBOWLI HYDERABAD, Telangana -
    500032.

    *Applicant and Co-applicant should have SBI savings


    account, if not they have to open account in nearby
    branch.
    * Affidavit should be notarised on Rs.20/- (or above) stamp
    paper
    *Asset & liability form is only for Co-applicant.

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