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Global Ed-Vantage Education Loan

An overseas higher-education loan above ₹7.50 lakh and up to ₹3 crore, with collateral-free finance up to ₹50 lakh at select institutions, current floating rates from 8.90% to 9.40%, and repayment up to 15 years.

Current published interest rate9.40% p.a. for standard secured borrowing and collateral-backed takeovers; select-institution rates are 9.40% unsecured up to ₹50 lakh or 8.90% secured up to ₹3 crore; select-institution takeover is 8.90%–9.40%. A 0.50 percentage-point girl-student concession applies to standard pricing, not select pricing.Maximum amountOverseas finance up to ₹3 crore Maximum repayment period180 months, commencing six months after course completion

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✓ Manually checked 13 Aug 2026 · active

Offered byState Bank of India

Eligible foreign institutions in -published countries and regions

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Eligible overseas studyFull-time graduate, postgraduate, diploma, certificate or doctorate study at eligible foreign institutions in SBI-published countries and regionsView source

Country and institution eligibility must be confirmed against the current list.

Source: Global Ed-Vantage Scheme
Page / section: Eligible Courses
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Published loan rangeAbove ₹7.50 lakh and up to ₹3 croreView source

Actual finance is need- and underwriting-based.

Source: Global Ed-Vantage Scheme
Page / section: Key Features
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

SecurityTangible collateral normally required; collateral-free borrowing up to ₹50 lakh for SBI-listed select premier institutions; qualifying third-party collateral may be acceptedView source

Insurance is required above ₹7.50 lakh.

Source: Global Ed-Vantage Scheme
Page / section: Key Features and Security
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Maximum repayment period180 months, commencing six months after course completionView source

Accrued moratorium interest is capitalised for calculation.

Source: Global Ed-Vantage Scheme
Page / section: Repayment and Moratorium
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Processing fee0.50% of loan amount, minimum ₹10,000 and maximum ₹50,000, plus GSTView source

Scholarship or assistantship can count toward margin.

Source: Global Ed-Vantage Scheme
Page / section: Eligible Expenses and Processing Fee
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Loan typeEducation loanView source

The official product name identifies this as “ Global Ed-Vantage Education Loan”.

Source: Global Ed-Vantage Education Loan — official product page
Page / section: Official product name and loan classification
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

BenchmarkEBR (External Benchmark Rate); SBI states that education-loan rates float for the entire loan period. Current EBR is 7.90% p.a. (Repo Rate 5.25% + spread 2.65%).Effective 9 Jun 2026View source

states that education-loan rates are linked to and float for the entire loan period; the page gives Repo rate 5.25%, spread 2.65% and current 7.90%.

Source: Education Loan Scheme — current rate and publication
Page / section: Education Loan Schemes — Rate of Interest; = Repo Rate + Spread
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Foreclosure chargeNIL in the shared Education Loan KFS contingent-charge table.Effective 8 Jan 2026View source

The table states foreclosure charges, if applicable: NIL.

Source: Education Loan Key Facts Statement
Page / section: Page 2, Part 1 item 10(iii) — Foreclosure charges
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Penal charges2.40% p.a. on the irregular portion for irregularity up to 60 days; 5.00% p.a. on the outstanding for continuous irregularity beyond 60 days, for the period of irregularity.Effective 8 Jan 2026View source

The separates irregularity up to 60 days from continuous irregularity beyond 60 days and gives the two annual rates.

Source: Education Loan Key Facts Statement
Page / section: Page 2, Part 1 item 10(i) — Penal charges
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Floating/fixed switch charge₹500 + GST when switching the loan from floating to fixed rate or vice versa.Effective 8 Jan 2026View source

The lists ₹500 plus for a floating/fixed rate switchover.

Source: Education Loan Key Facts Statement
Page / section: Page 2, Part 1 item 10(iv)
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Safe-custody charge₹1,000 + GST per quarter or part thereof when original title deeds are not collected within the prescribed time limit (for example, 60 days from loan closure).Effective 8 Jan 2026View source

The states ₹1,000 plus per quarter or part thereof after the prescribed title-deed collection period.

Source: Education Loan Key Facts Statement
Page / section: Page 2, Part 1 item 10(iv) — Safe custody
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

SI / ECS / PDC failure charge₹500 + GST if an EMI or instalment is not credited within seven days from the ECS, SI or PDC date.Effective 8 Jan 2026View source

The publishes ₹500 plus when an or instalment is not credited within seven days.

Source: Education Loan Key Facts Statement
Page / section: Page 2, Part 1 item 10(iv) — // failure charges
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

VLP service charge₹200 + GST per education loan sanctioned through VLP.Effective 8 Jan 2026View source

The lists a ₹200 plus service charge for each education loan sanctioned through .

Source: Education Loan Key Facts Statement
Page / section: Page 2, Part 1 item 10(v)
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Other penal chargesNILEffective 8 Jan 2026View source

The contingent-charge table states: Other penal charges, if any — NIL.

Source: Education Loan Key Facts Statement
Page / section: Page 2, Part 1 item 10(ii) — Other penal charges
Accessed: 26 Sept 2026
Confidence: high

Open official source ↗

Security document releaseAfter full repayment or settlement of all loan accounts linked to the security, SBI must release the property documents and remove registered charges within 30 days. The owner may collect the original title deeds from the linked RACPC/RASMEC within 30 days of full and final payment; the KFS says safe-custody charges apply if the deeds are not collected within the prescribed period.Effective 8 Jan 2026View source

The states that shall release property documents and remove registry charges within 30 days after full repayment/settlement of all linked loan accounts. It says owners can collect original title deeds from the linked RACPC/RASMEC within 30 days of full and final payment; safe-custody charges apply if they are not collected within the prescribed period.

Source: Education Loan Key Facts Statement
Page / section: Page 2, Part 1 item 10(iv) — Safe custody charges and release of security documents
Accessed: 26 Sept 2026
Confidence: high

Open official source ↗

Maximum amountOverseas finance up to ₹3 croreView source

The manually reviewed product summary states: “Overseas finance up to ₹3 crore”.

Source: Global Ed-Vantage Education Loan — official product page
Page / section: Published loan terms in product summary
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

TenureAn overseas higher-education loan above ₹7.50 lakh and up to ₹3 crore, with collateral-free finance up to ₹50 lakh at select institutions, current floating rates from 8.90% to 9.40%, and repayment up to 15 years.View source

The manually reviewed product summary states: “An overseas higher-education loan above ₹7.50 lakh and up to ₹3 crore, with collateral-free finance up to ₹50 lakh at select institutions, current floating rates from 8.90% to 9.40%, and repayment up to 15 years.”.

Source: Global Ed-Vantage Education Loan — official product page
Page / section: Published loan terms in product summary
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

9.40% p.a. for standard secured borrowing and collateral-backed takeovers; select-institution rates are 9.40% unsecured up to ₹50 lakh or 8.90% secured up to ₹3 crore; select-institution takeover is 8.90%–9.40%. A 0.50 percentage-point girl-student concession applies to standard pricing, not select pricing.

Source: Education Loan Schemes — current rate of interest page
Page / section: Rate table lines 498–557; product-specific rate lines retained in the evidence table
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Select institutions100 listed overseas institutions across 17 countries or regions in SBI’s 5 January 2026 select-institution schedule.Effective 5 Jan 2026View source

100 listed overseas institutions across 17 countries or regions in 5 January 2026 select-institution schedule.

Source: Select Global Institutions — revised list dated 05 January 2026
Page / section: pages 1–3; full 100-row institute and country schedule
Accessed: 8 Oct 2026
Confidence: high

Open official source ↗

Benefits and features

Overseas finance up to ₹3 crore
Collateral-free route up to ₹50 lakh at select institutions
Rates from 8.90% p.a.
Pre-visa sanction or disbursement pathway
15-year repayment

Eligibility

Only eligible full-time foreign courses and institutions qualify.
Security-free treatment is restricted to the current select-institution list.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

Application and including passport
Academic and foreign admission records
Course-expense and travel schedule
Co-borrower income evidence and bank statements
Collateral and insurance documents where applicable

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Loan repayment estimate

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Amount you want to borrowThe money you would receive from the lender.₹twenty-five lakh rupees₹50,000₹2,00,00,000Yearly interest rateThe percentage charged on the outstanding loan each year.%2%30%Time to repayA longer time usually lowers the monthly payment but raises total interest. months6 months360 months

One monthly payment₹23,140twenty-three thousand one hundred forty rupees

Interest paid over the full loan₹30,53,665thirty lakh fifty-three thousand six hundred sixty-five rupees

Everything you repay₹55,53,665fifty-five lakh fifty-three thousand six hundred sixty-five rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

TableSchemeChoose column

Student Loan · Income evidenceCo-applicant/guarantor: salary slip or salary certificate plus Form 16/; non-salaried business address proof and latest

This value is copied from education-loan eligibility and income evidence. Check the table notes before relying on it.

Source: Education Loan Key Facts Statement — common applicant documents · Pages 1–2 — applicant/co-applicant documentation Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 5 rows · 3 columnsSBI education-loan eligibility and income evidenceIncome-document requirements preserved from the official checklists; no universal numeric threshold is published.View tableHide table

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SBI education-loan eligibility and income evidence
Scheme	Income evidence	Numeric minimum income
Student Loan	Co-applicant/guarantor: salary slip or salary certificate plus Form 16/; non-salaried business address proof and latest	Not published
Scholar Loan	Co-applicant/guarantor: salary slip or salary certificate plus Form 16/; non-salaried business address proof and latest	Not published
Global Ed-Vantage	Co-applicant/guarantor: salary slip or salary certificate plus Form 16/; non-salaried business address proof and latest	Not published
Education Loan Takeover	Co-applicant/guarantor: salary slip or salary certificate plus Form 16/; non-salaried business address proof and latest	Not published
Skill Loan	Co-applicant/guarantor: salary slip or salary certificate plus Form 16/; non-salaried business address proof and latest	Not published

The source pages and shared require proof of income but do not publish a universal rupee salary or annual-income floor; no value is inferred.

Education Loan Key Facts Statement — common applicant documents · Pages 1–2 — applicant/co-applicant documentation · effective 8 Jan 2026 · accessed 29 Aug 2026Open official source ↗

Table 2 · 8 rows · 2 columnsSBI Education Loan KFS — contingent chargesPublished conditional and contingent charges from the shared Education Loan KFS. Blank individualized APR and processing-fee inputs are not presented as product values.View tableHide table

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SBI Education Loan KFS — contingent charges
Charge or condition	Published term
Penal charges	2.40% p.a. on the irregular portion for irregularity up to 60 days; 5.00% p.a. on the outstanding for continuous irregularity beyond 60 days, for the period of irregularity.
Other penal charges	NIL
Foreclosure charges	NIL
Floating/fixed rate switch	₹500 + per switchover.
Safe custody of original title deeds	₹1,000 + per quarter or part thereof if deeds are not collected within the prescribed time limit (the gives 60 days from loan closure as an example).
Release of security documents	must release property documents and remove registry charges within 30 days after full repayment/settlement of all loan accounts linked to the security. Original deeds may be collected from the linked RACPC/RASMEC within 30 days of full and final payment; safe-custody charges apply if they remain uncollected after the prescribed period.
// failure	₹500 + if an /instalment is not credited within 7 days of its // date.
service charge	₹200 + per education loan sanctioned through .

Education Loan Key Facts Statement · Page 2, Part 1 items 10(i)–(v) — complete contingent-charge table · effective 8 Jan 2026 · accessed 26 Sept 2026Open official source ↗

Table 3 · 100 rows · 3 columnsSBI Global Ed-Vantage — all 100 select institutionsComplete current source rows transcribed for the product page; values and source order are preserved.View tableHide table

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SBI Global Ed-Vantage — all 100 select institutions
No.	Institution	Country / region
1	Adelaide University	Australia
2	Australian National University	Australia
3	Monash University	Australia
4	The University of Melbourne	Australia
5	The University of New South Wales (UNSW)	Australia
6	The University of Queensland	Australia
7	The University of Sydney	Australia
8	The University of Western Australia	Australia
9	University of Technology Sydney	Australia
10	KU Leuven	Belgium
11	University of Copenhagen	Denmark
12	University of Helsinki	Finland
13	Institut Polytechnique de Paris	France
14	PSL University (Université PSL)	France
15	Sorbonne University (merged from Paris IV & UPMC)	France
16	Université Paris-Saclay	France
17	Freie Universität Berlin (Free University of Berlin)	Germany
18	Humboldt-Universität zu Berlin	Germany
19	Ludwig-Maximilians-Universität München (LMU Munich)	Germany
20	Ruprecht-Karls-Universität Heidelberg (Heidelberg University)	Germany
21	Technical University of Munich	Germany
22	City University of Hong Kong	Hong Kong SAR, China
23	The Chinese University of Hong Kong	Hong Kong SAR, China
24	The Hong Kong Polytechnic University	Hong Kong SAR, China
25	The Hong Kong University of Science and Technology	Hong Kong SAR, China
26	The University of Hong Kong	Hong Kong SAR, China
27	Alma Mater Studiorum - University of Bologna	Italy
28	Sapienza University of Rome	Italy
29	Kyoto University	Japan
30	The University of Tokyo	Japan
31	Delft University of Technology	Netherlands
32	Erasmus University Rotterdam	Netherlands
33	Leiden University	Netherlands
34	The University of Amsterdam	Netherlands
35	University of Groningen	Netherlands
36	Utrecht University	Netherlands
37	Wageningen University & Research	Netherlands
38	The University of Auckland	New Zealand
39	University of Oslo	Norway
40	Nanyang Technological University, Singapore (NTU Singapore)	Singapore
41	National University of Singapore (NUS)	Singapore
42	Lund University	Sweden
43	Uppsala University	Sweden
44	École Polytechnique Fédérale de Lausanne (EPFL)	Switzerland
45	ETH Zurich (Swiss Federal Institute of Technology)	Switzerland
46	University of Zurich (UZH)	Switzerland
47	Imperial College London	United Kingdom
48	King's College London (KCL)	United Kingdom
49	London School of Economics and Political Science (LSE)	United Kingdom
50	Queen Mary University of London (QMUL)	United Kingdom
51	The University of Manchester	United Kingdom
52	The University of Nottingham	United Kingdom
53	The University of Sheffield	United Kingdom
54	The University of Warwick	United Kingdom
55	UCL (University College London)	United Kingdom
56	University of Birmingham	United Kingdom
57	University of Bristol	United Kingdom
58	University of Cambridge	United Kingdom
59	University of Edinburgh	United Kingdom
60	University of Exeter	United Kingdom
61	University of Glasgow	United Kingdom
62	University of Leeds	United Kingdom
63	University of Oxford	United Kingdom
64	University of Southampton	United Kingdom
65	Boston University	United States of America
66	Brown University	United States of America
67	California Institute of Technology (Caltech)	United States of America
68	Carnegie Mellon University	United States of America
69	Columbia University	United States of America
70	Cornell University	United States of America
71	Duke University	United States of America
72	Emory University	United States of America
73	Georgia Institute of Technology	United States of America
74	Harvard University	United States of America
75	Johns Hopkins University	United States of America
76	Massachusetts Institute of Technology (MIT)	United States of America
77	Michigan State University	United States of America
78	New York University (NYU)	United States of America
79	Northwestern University	United States of America
80	Pennsylvania State University	United States of America
81	Princeton University	United States of America
82	Purdue University	United States of America
83	Stanford University	United States of America
84	Texas A&M University	United States of America
85	University of California, Berkeley (UCB)	United States of America
86	University of California, Davis	United States of America
87	University of California, Los Angeles (UCLA)	United States of America
88	University of California, San Diego (UCSD)	United States of America
89	University of California, Santa Barbara (UCSB)	United States of America
90	University of Chicago	United States of America
91	University of Illinois at Urbana-Champaign	United States of America
92	University of Michigan-Ann Arbor	United States of America
93	University of North Carolina, Chapel Hill	United States of America
94	University of Pennsylvania	United States of America
95	University of Southern California	United States of America
96	University of Texas at Austin	United States of America
97	University of Washington	United States of America
98	University of Wisconsin-Madison	United States of America
99	Washington University in St. Louis	United States of America
100	Yale University	United States of America

The source lists 100 institutions across 17 countries/regions. uses this schedule to identify select institutions for collateral-free Global Ed-Vantage finance.

Select Global Institutions — revised list dated 05 January 2026 · pages 1–3; all 100 rows · accessed 8 Oct 2026Open official source ↗

Table 4 · 19 rows · 3 columnsSBI education-loan schemes — current published rates and conditionsComplete current source rows transcribed for the product page; values and source order are preserved.View tableHide table

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SBI education-loan schemes — current published rates and conditions
Scheme / variant	Current published rate	Published rate condition
-Vidyalaxmi — Utkarsh	6.90% p.a.	-linked; floating for the full loan term
-Vidyalaxmi — Uttam	7.20% p.a.	-linked; floating for the full loan term
-Vidyalaxmi — Uday	8.40% p.a.	-linked; floating for the full loan term
Student Loan — unsecured up to ₹7.50 lakh	9.90% p.a.	0.50 percentage-point girl-student concession; -linked and floating
Student Loan — secured above ₹7.50 lakh	9.40% p.a.	0.50 percentage-point girl-student concession; -linked and floating
Student Loan takeover above ₹10 lakh with collateral	9.40% p.a.	0.50 percentage-point girl-student concession; -linked and floating
Scholar Loan — listed institutions	6.90%–7.65% p.a.	-linked; floating for the full loan term
Scholar Loan takeover above ₹10 lakh	6.90%–7.65% p.a.	-linked; floating for the full loan term
Scholar Loan — students admitted to any IIT	6.75% p.a. through 31 December 2026	Time-limited concession; applicable institution and expiry are shown on rate page
Global Ed-Vantage — secured above ₹7.50 lakh through ₹3 crore	9.40% p.a.	0.50 percentage-point girl-student concession; -linked and floating
Global Ed-Vantage takeover above ₹10 lakh with collateral	9.40% p.a.	0.50 percentage-point girl-student concession; -linked and floating
Global Ed-Vantage — select institutions, unsecured above ₹7.50 lakh through ₹50 lakh	9.40% p.a.	No additional girl-student concession; -linked and floating
Global Ed-Vantage — select institutions, secured above ₹7.50 lakh through ₹3 crore	8.90% p.a.	No additional girl-student concession; -linked and floating
Global Ed-Vantage select-institution takeover above ₹10 lakh	8.90%–9.40% p.a.	-linked and floating
Shaurya — study in India	8.65% p.a.	0.50 percentage-point girl-student concession; -linked and floating
Shaurya — ordinary overseas study above ₹7.50 lakh	8.65% p.a.	0.50 percentage-point girl-student concession; -linked and floating
Shaurya — select overseas institution, unsecured up to ₹50 lakh	8.65% p.a.	No girl-student concession; select institutions follow Global Ed-Vantage collateral-free list
Shaurya — select overseas institution, secured	8.15% p.a.	No girl-student concession; select institutions follow Global Ed-Vantage list
Skill Loan — unsecured up to ₹7.50 lakh	9.40% p.a.	-linked; floating for the full loan term

All education-loan rates on this page are linked to and floating for the full loan term. states Repo Rate 5.25% + spread 2.65% = 7.90%; mean rate for FY27 is 9.31%.
The 6.75% offer for named IIM/BITS/IIFT/ISB/XIM/XLRI campuses expired 30 September 2026. The 6.75% offer for all IITs remains published through 31 December 2026.
The rate page publishes rates, not a separate calculation.

Education Loan Schemes — current rate of interest page · Rate table lines 498–557; effective 9 June 2026; updated 27 July 2026 · effective 9 Jun 2026 · accessed 8 Oct 2026Open official source ↗

Global Ed-Vantage Education Loan

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

SBI Aashray Home Loan

SBI Assured Car Loan

SBI Certified Pre-Owned Car Loan

SBI Combo Home Loan

SBI Global Ed-Vantage Education Loan

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

Find the exact published value

Complete rates, limits and schedules

Related products

SBI Aashray Home Loan

SBI Assured Car Loan

SBI Certified Pre-Owned Car Loan

SBI Combo Home Loan

Global Ed-Vantage Education Loan