esiksha.com - Loans - State Bank of Travancore

Special Criteria	Gyan Jyothi - Education Loan for Higher Studies
Eligibility	Students pursuing School/College education in India and students seeking Technical or professional higher studies in India and abroad.
Amount	For students pursuing School/College education in India: Upto Rs.30, 000/- and for students seeking technical or professional higher studies in India and abroad: Upto Rs.4 lakhs. Cost to be met by borrower: 10% of the loan amount.
General Information	Repayment *School/College Education in India* Loan to be repaid within 36 months, commencing immediately after disbursal. *Technical / Professional higher studies in India and abroad* Interest during the course of study and the Principal amount within 48 months to commence one year after the completion of the course or getting a job whichever is earlier.
Rate of Interest	Loan Interest and Interest tax 1. Upto Rs. 2 lakhs 13.00% +0.26% 2. Above Rs. 2 lakhs to Rs. 5 lakhs 15.25% +0.30%