| Support your child's academic brilliance with Thomas Cook and SBI Educational Loan
Amount of Loan
For studies abroad, maximum Rs 20 Lakhs
Interest Rate
For loans upto Rs 4 Lakh : 12.75 % p.a
For loans above Rs 4 Lakh : 13.75 % p.a
Repayment Tenure
Repayment will commence one year after completion of course or 6 month after securing a job, whichever is earlier
| Loan Amount in Rs |
Repayment period in Years |
| Upto 15 Lakhs |
5-7 |
| Above 15 Lakhs |
5-10 |
|
Security
| Amount |
Studies Abroad |
| Upto 4 Lakhs |
No Security |
| Rs 4 Lakhs to Rs 7.5 Lakhs |
Third party Guarantee |
| Rs 7.5 Lakhs to Rs 15 Lakhs |
Tangible collateral securities of suitable value of loan or third party guarantee |
| Rs 15 Lakhs to Rs 20 Lakhs |
Tangible collateral securities for the full value of loan |
|
For further details Contact IPC
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