Loan For DSP Account Holder

NEW PRODUCT FOR WARDS OF DSP/ ICGSP CUSTOMERS SHAURYA EDUCATION LOAN

With an objective to remain competitive in the market, to attract quality business, to reduce TAT and to simplify the procedures for availing Education Loans for wards of DSP/ICGSP Officers in all Ranks, a new scheme “Shaurya Education Loan” for Studies in India & for Studies Abroad has been developed.
Salient Features of Shaurya Education Loan:
The salient features of new scheme are as mentioned below:

Parameters Guidelines

1-Eligibility Wards of DSP/ ICGSP Officers in all Ranks for studies in
India and Abroad.
Co-borrower must be DSP/ICGSP account holder in our Bank. The Salary/Pension account of the co-applicant should be with SBI throughout the loan tenure

2- Loan Quantum

  • Studies in India- up-to Rs. 40 Lakhs
  • Studies Abroad- up-to Rs. 40 Lakhs

3- Margin Studies in India Studies Abroad

  • Above 4 Lakhs- 5%
  • Above 4 Lakhs- 5%

Parameters Guidelines

Special feature Student borrower/co-borrower can avail unsecured loan up to Rs.40 Lakhs for studies in India and Abroad by paying premium ROI.