SBI Education Loan Without Collateral | GyanDhan

by williamair1

Collateral-free loan means that a loan will be given without any security which can be fixed deposits, government securities, property etc. SBI education loans without collateral or collateral-free loans are very beneficial for students who do not own any property but are willing to repay the loan after their higher education. SBI offers collateral-free education loans up to INR 7.5 lakhs, however, with the new loan product of 2024, SBI is now offering collateral-free education loans up to INR 50 lakhs. For loans above INR 50 lakhs, collateral is required.

This is a companion discussion topic for the original entry at https://www.gyandhan.com/blogs/education-loan/education-loan-without-collateral-sbi