2)SBI SCHOLAR LOAN SCHEME
List |
ROI |
List AA |
- 0.30% above MCLR i.e., 9.45% p.a. at present (UptoRs. 30 Lacs without collateral).
|
List A |
- *For IIMs: 0.30% above MCLR i.e., 9.45% p.a. at preset.
- *Other Institutions: 0.50%above MCLR i.e., 9.65% p.a.
|
List B |
- 0.80% above MCLR i.e., 9.95% p.a. at present (UptoRs. 20 Lacs without collateral)
- Further concessions:
- *0.25% – if collateral security >= the loan amount
- *0.25% – work experience of more than 2 years
- (effective rate of interest with both concessions not to be lower than 0.40% above MCLR presently, 9.55% p.a.)
|
List C |
- 1.90% above MCLR i.e. 11.05% p.a.(UptoRs. 7.5 Lacs without collateral, upto Rs. 30 with collateral)
- *1% concession for full tenure of the loan, if interest is serviced promptly as and when applied during the moratorium period, including course duration#
|