Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
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 loan
Source 1Current floating interest rate8.65% p.a. for study in India or ordinary study abroad; at select overseas institutions, 8.65% without security up to ₹50 lakh or 8.15% with securityEffective 9 Jun 2026
Source 2Maximum 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
Source 3Borrower marginNil up to ₹4 lakh and 5% above ₹4 lakh
Source 4Maximum repayment period180 months
Source 5Processing feeNil up to ₹20 lakh; ₹10,000 plus tax above ₹20 lakh
Source 6Benefits 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 CAPF relationship conditions.
- The qualifying SBI salary or pension account must remain with SBI throughout the loan.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application and KYC
- Qualifying service, relationship and SBI package-account evidence
- Academic and admission records
- Course-expense schedule
- Income, collateral and insurance documents as applicable