There are many websites which offer free CIBIL score check but at the same time these sites irritate a lot with numerous calls every-day. However, cibil.com is the official site which offers CIBIL scores for Rs. 500/-.
After getting the loan approved, agreement needs to be signed, original documents need to be submitted to the branch and then you have to submit the schedule of fee with exact proof of requirement from the university; after all of this done, money gets successfully transferred. If it is a tuition fee, the bank prefers sending it directly to the university but if you have paid yourself then it can be reimbursed. For the semester fees, every time you have to send an official request to the bank asking for the disbursement. GyanDhan also helps you out with disbursement.
There is no charge for repayment fee. This is another beauty of State Bank of India products that if you close the loan then you do not have to pay any prepayment charges for that.
During the course period, it is simple interest and after the course period it is compound interest.
Yes, he can be the co-applicant. For getting a loan from State Bank of India all you need is a good property and the required papers. Nothing else.
Yes, no issues in that.
Yes, you can get a loan of INR 15-20 lakh rupees including your tuition fee of INR 4 lakh rupees.
No, we don’t help in opening the blocked account.
Everything is covered but you need to tell the reason for getting a loan upfront to the bank.
Yes, guarantor and co-applicant can be different. The co-applicant should be there at the time of loan. It does not matter whether he is working or not.