State Bank Of Saurashtra

Eligible Courses: 

All courses having employment prospects are eligible.

Graduation courses/ Post graduation courses/ Professional courses

Other courses approved by UGC/Government/AICTE/Director General of Civil Aviation/Shipping etc.


Amount of Loan:

For studies in India, maximum Rs. 10 lacs

Studies abroad, maximum Rs. 20 lacs


Rate of Interest:

Loans up to Rs. 4 lacs : 1.50% below BPLR i.e. 12.25%

Loans above Rs.4 lacs & upto Rs. 7.50 lacs : At BPLR i.e. 13.75% 

Loans above Rs. 7.50 lacs : 2.00% below BPLR i.e. 11.75% Repayment Tenure: 


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



Upto Rs.4.00 lacs: No Security.

Above Rs4 lacs and Upto Rs 7.5 lacs: 3rd party guarantee acceptable to the Bank.

Above Rs 7.5 lacs: Collateral Security of Suitable value or suitable 3rd party guarantee.



Upto Rs.4.00 lacs: Nil.

Above Rs.4.00 lacs: Studies in India 5%, Studies Abroad 15%



Delhi Tel: 011-23741591

Bangalore Tel: 080-23570695,22239365

Chennai Tel: 044-22344656,26200334

Hyderabad Tel: 040-23203036,24549378

Kolkata Tel: 033-22317396,22683519

Mumbai Tel: 022-28389969,26147201