SBI Education Loan Calculator
Simulate SBI Student Loan, Scholar Scheme (IIT/IIM), and Global Ed-Vantage overseas financing with live EBLR rate presets and girl student discounts.
Explore specialized student loan simulators, moratorium calculators, government subsidies, tax deductions, and bank presets:
🇮🇳 SBI Education Loan Scheme Directory
Up to ₹40L–₹50L collateral-free for 200+ premier institutes (IIT/IIM/NIT/BITS).
Up to ₹1.5 Crore with property collateral for top universities in US, UK, Canada, Europe.
General technical/professional studies in India up to ₹7.5L without collateral.
SBI Loan Parameters
SBI Concessions
💡 YONO SBI Online Application:
You can track, disburse, and manage SBI education loans directly through the YONO SBI mobile app or Vidyalakshmi portal with zero branch visits.
Amortization Schedule
Interactive breakdown of balance, interest, and prepayment impact
| Period | EMI Paid | Principal Paid | Extra Prepayment | Interest Paid | Total Payment | Remaining Balance |
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Frequently Asked Questions
What are the interest rates for SBI Education Loans?
State Bank of India (SBI) links education loans to the EBLR (External Benchmark Lending Rate):
• SBI Scholar Loan: 8.15% – 8.65% (Premier Institutes List AA, A, B).
• SBI Student Loan: 8.65% – 9.15% (General Indian Institutions).
• SBI Global Ed-Vantage: 8.65% – 9.65% (Overseas Universities).
Does SBI offer a discount for female students?
Yes! SBI provides an exclusive 0.50% interest rate concession for all girl students across all domestic and global education loan schemes.
What is the SBI 1% moratorium interest concession?
If the borrower/parents regularly service simple interest every month during the course moratorium period, SBI grants a 1.00% interest rate concession for the entire remaining repayment tenure.
Are there any prepayment charges on SBI education loans?
0% Prepayment Charges! SBI levies zero penalties for part-prepayments or early loan foreclosure at any stage.