This is a companion discussion topic for the original entry at https://www.gyandhan.com/sbi-education-loan
Is unsecured study loan for abroad possible from SBI? Can someone provide me info regarding this?
For all practical intents and purposes, SBI does not offer unsecured study loan for studying abroad. While they have a standard offering of loans up to 7.5 lakhs not requiring a collateral, the amount does not cover higher education abroad in most of the cases. Furthermore, the loan offering of 7.5 lakh is reasonably restrictive.