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SBI Scholar Loan Document Checklist

The document summarizes the key details of SBI Scholar Loans available to students of IIM Bangalore programs. It outlines the maximum loan amount of Rs. 40 lacs without collateral at an interest rate of 6.7% EBLR. The repayment period is up to 15 years including a moratorium period of up to 1 year after graduation. Required documents include application forms, academic transcripts, income documents, and identification. Contact information is provided for inquiries.

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Udaiveer Singh
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56 views1 page

SBI Scholar Loan Document Checklist

The document summarizes the key details of SBI Scholar Loans available to students of IIM Bangalore programs. It outlines the maximum loan amount of Rs. 40 lacs without collateral at an interest rate of 6.7% EBLR. The repayment period is up to 15 years including a moratorium period of up to 1 year after graduation. Required documents include application forms, academic transcripts, income documents, and identification. Contact information is provided for inquiries.

Uploaded by

Udaiveer Singh
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

STATE BANK OF INDIA

IIM - B CAMPUS BRANCH


The salient feature of SBI Scholar loan for IIMB PGPB, PGPM & EPGP students are as follows,
 Maximum loan amount without collateral is Rs. 40.00 lacs (No margin required ).
 Rate of Interest 6.70% EBLR (floating) with or without co-borrower.
 Maximum repayment period is 180 months (15 years) .
 Moratorium period will be study period plus 6 months from the date of employment or maximum 12
months from the date of Graduation, whichever is earlier.
 The repayment period will be excluding the moratorium period.
 During study period interest will be applied on simple interest basis.

Documents (Self-attested) required for the SBI Scholar Loans (IIMB PGPb, PGPM & EPGP
course)
Without Co-borrower With Co-borrower

 Completely filled in application form (Available  Completely filled in application form (Available
with Branch). with Branch).
 Brief Statement of Assets & Liability of applicant  Brief Statement of Assets & Liability of applicant
(Part of application form) and Parent / Co-borrower (Part of application
 2 Passport size photographs of applicant form)
 Letter of Admission  2 Passport size photographs of applicant and
 College fees Structure. Parent / Co-borrower
 10th onwards all Marksheets and Certificates (incl  Letter of Admission
CAT Grade sheet)  College fees Structure.
 Pan Card of the Student and Parent  10th onwards all Marksheets and Certificates (incl
 Proof of residence – Aadhar Card / Voter’s ID Card CAT Grade sheet)
/ Passport / Driving license of both Student and  Pan Card of the Student and Parent / Co-
and Parent / Co-borrower borrower.
 Student Bank account statement for last 6 months  Proof of residence – Aadhar Card / Voter’s ID Card
(any bank) and SBI Savings account number. / Passport / Driving license of both Student and
 Work Experience Certificate if any and Parent / Co-borrower
 Existing Loan statements if any.  Student Bank account statement for last 6 months
 Income Certificate issued by Tahsildar if Family (any bank) and SBI Savings account number.
income is less than or equal to 4.5 lacs per year  Work Experience Certificate if any
(To apply CSIS Interest subsidy SCHEME) along  Income documents of Parent / Co-borrower, like 3
with Caste certificate. months latest Salary Slips, 2 years form No. 16
and IT Return, Loan account statements if any.

For more details contact through Email id: sbi.40803@[Link]

Loan Officer: Sunil Kumar M Contact Number: 9008706566


Land Line number: 080-26993166

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