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Shaurya Education Loan

A relationship education loan for eligible Defence, Coast Guard and families, covering study in India or abroad under the corresponding scheme limits, with current floating rates from 8.15% to 8.65% and repayment up to 15 years.

Current published interest rate8.65% p.a. for study in India and ordinary overseas study above ₹7.50 lakh; select overseas institutions: 8.65% unsecured up to ₹50 lakh or 8.15% secured. A 0.50 percentage-point girl-student concession applies to ordinary pricing; no concession on select-institution rates.Maximum finance basisStudy in India follows current SBI Student Loan limits; study abroad follows current Global Ed-Vantage limits, including the published ₹3 crore overall overseas ceiling Maximum amountStudy in India follows SBI Student Loan limits (published cases up to ₹1 crore); study abroad follows SBI Global Ed-Vantage limits (up to ₹3 crore). The Shaurya security table separately shows no-collateral finance up to ₹7.5 lakh, optional security above ₹7.5 lakh up to ₹40 lakh, and collateral required above ₹40 lakh.

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✓ Manually checked 13 Aug 2026 · active

Offered byState Bank of India

India for qualifying Defence, Coast Guard and salary or pension relationships

Key facts

What the official sources publish

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

Relationship eligibilityEligible serving or retired Defence, Indian Coast Guard or CAPF personnel, or their spouse or wards, with the co-borrower's qualifying SBI salary or pension account maintained throughout the loanView source

The relationship requirement materially distinguishes this scheme.

Source: Shaurya Education Loan
Page / section: Introduction and Eligibility
Accessed: 13 Aug 2026
Confidence: high

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Maximum finance basisStudy in India follows current SBI Student Loan limits; study abroad follows current Global Ed-Vantage limits, including the published ₹3 crore overall overseas ceilingView source

Actual maximum varies with study location, course, institution and security.

Source: Shaurya Education Loan
Page / section: Loan Amount
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

Borrower marginNil up to ₹4 lakh and 5% above ₹4 lakhView source

This published 5% margin applies to the relationship scheme's stated loan limit bands.

Source: Shaurya Education Loan
Page / section: Features — Margin
Accessed: 13 Aug 2026
Confidence: high

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Maximum repayment period180 monthsView source

Existing education-loan takeover is also permitted subject to terms.

Source: Shaurya Education Loan
Page / section: Features
Accessed: 13 Aug 2026
Confidence: high

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Processing feeNil up to ₹20 lakh; ₹10,000 plus tax above ₹20 lakhView source

Insurance is required above ₹7.50 lakh.

Source: Shaurya Education Loan
Page / section: Features — Processing Fees
Accessed: 13 Aug 2026
Confidence: high

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Loan typeEducation loanView source

The official product name identifies this as “ Shaurya Education Loan”.

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

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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

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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

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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

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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

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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

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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 ↗

Maximum amountStudy in India follows SBI Student Loan limits (published cases up to ₹1 crore); study abroad follows SBI Global Ed-Vantage limits (up to ₹3 crore). The Shaurya security table separately shows no-collateral finance up to ₹7.5 lakh, optional security above ₹7.5 lakh up to ₹40 lakh, and collateral required above ₹40 lakh.Effective 7 Sept 2026View source

The page directs India study to Student Loan guidelines and overseas study to Global Ed-Vantage guidelines, and publishes its own security bands: maximum ₹7.5 lakh, above ₹7.5 lakh to ₹40 lakh, and above ₹40 lakh.

Source: Shaurya Education Loan — official product page
Page / section: Loan Amount; Security table
Accessed: 14 Sept 2026
Confidence: high

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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 ↗

TenureA relationship education loan for eligible Defence, Coast Guard and CAPF families, covering study in India or abroad under the corresponding SBI scheme limits, with current floating rates from 8.15% to 8.65% and repayment up to 15 years.View source

The manually reviewed product summary states: “A relationship education loan for eligible Defence, Coast Guard and families, covering study in India or abroad under the corresponding scheme limits, with current floating rates from 8.15% to 8.65% and repayment up to 15 years.”.

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

Open official source ↗

Geographic limitsEligible serving or retired Defence, Indian Coast Guard or CAPF personnel, or their spouse or wards, with the co-borrower's qualifying SBI salary or pension account maintained throughout the loanView source

The manually reviewed product record states: “Eligible serving or retired Defence, Indian Coast Guard or personnel, or their spouse or wards, with the co-borrower's qualifying salary or pension account maintained throughout the loan”.

Source: Shaurya Education Loan — official product page
Page / section: Published product metadata
Accessed: 13 Aug 2026
Confidence: high

Open official source ↗

8.65% p.a. for study in India and ordinary overseas study above ₹7.50 lakh; select overseas institutions: 8.65% unsecured up to ₹50 lakh or 8.15% secured. A 0.50 percentage-point girl-student concession applies to ordinary pricing; no concession on select-institution rates.

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 ↗

Benefits and features

Study in India or abroad
Rates from 8.15% p.a.
Nil fee up to ₹20 lakh
Six-month mortgage-creation grace period
15-year repayment

Eligibility

The student and co-borrower must satisfy the published Defence, Coast Guard or relationship conditions.
The qualifying salary or pension account must remain with throughout the loan.

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

Documents the bank lists

Application and
Qualifying service, relationship and package-account evidence
Academic and admission records
Course-expense schedule
Income, collateral and insurance documents as 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₹21,934twenty-one thousand nine hundred thirty-four rupees

Interest paid over the full loan₹27,64,042twenty-seven lakh sixty-four thousand forty-two rupees

Everything you repay₹52,64,042fifty-two lakh sixty-four thousand forty-two 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.

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Find the exact published value

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TableStudy scopeChoose column

India and abroad · Loan amountMaximum ₹7.5 lakh

This value is copied from Shaurya Education Loan — security bands. Check the table notes before relying on it.

Source: Shaurya Education Loan — official product page · Security table Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 3 rows · 4 columnsSBI Shaurya Education Loan — security bandsLoan amount and security requirements printed on the current Shaurya page.View tableHide table

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SBI Shaurya Education Loan — security bands
Study scope	Loan amount	Security requirement	Co-borrower
India and abroad	Maximum ₹7.5 lakh	No collateral security or third-party guarantee	Parents
India and abroad	Above ₹7.5 lakh and up to ₹40 lakh	Borrower/co-borrower may choose secured or unsecured	Parents
Abroad	Above ₹40 lakh	Collateral security required	Parents

Loan Amount links study in India to Student Loan guidelines and study abroad to Global Ed-Vantage guidelines; the table is the product page's own security presentation.

Shaurya Education Loan — official product page · Security table · effective 7 Sept 2026 · accessed 14 Sept 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 · 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 ↗

Shaurya Education Loan

What the official sources publish

Benefits and features

Eligibility

Documents the bank lists

Related official documents

Try the numbers

Loan repayment estimate

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Complete rates, limits and schedules

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