Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Eligible overseas studyFull-time graduate, postgraduate, diploma, certificate or doctorate study at eligible foreign institutions in SBI-published countries and regions
Source 1Current floating interest rateFor select institutions, 9.40% without collateral up to ₹50 lakh or 8.90% with collateral; other secured borrowing 9.40%; no additional girl-student concession on select-institution pricingEffective 9 Jun 2026
Source 2Published loan rangeAbove ₹7.50 lakh and up to ₹3 crore
Source 3SecurityTangible collateral normally required; collateral-free borrowing up to ₹50 lakh for SBI-listed select premier institutions; qualifying third-party collateral may be accepted
Source 4Maximum repayment period180 months, commencing six months after course completion
Source 5Processing fee0.50% of loan amount, minimum ₹10,000 and maximum ₹50,000, plus GST
Source 6Benefits 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 KYC 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