வியாழன், 9 ஆகஸ்ட், 2018

SBI Education Loan FAQs


SBI Education Loan FAQs:

  1. What documents do I have to submit to avail the interest subsidy?
  2. In addition to the necessary loan documents, an income certificate issued by Income Certifying Authority designated by the State Government is required.
  3. Can my spouse sign up as a co-applicant for my education loan?
  4. Yes. Married applicants can designate their spouse as co-applicant.
  5. How will the SBI education loan be disbursed?
  6. The loan amount will be disbursed directly to the educational institution or the vendor as and when there is requirement.
  7. What educational documents do I have to submit during application?
  8. You might be asked to submit the HSC and SSLC certificates in addition to the degree mark sheet.
  9. Is insurance cover necessary for SBI education loan?
  10. Yes. Insurance covering the life of the borrower with the policy assigned in favour of SBI is mandatory while applying for education loan.
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