education loan
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State Bank of India (SBI) is the largest bank in India in terms of revenue, assets, and market capitalization. As of March 2012, SBI had over 14,000 branches across India and 173 branches globally. SBI offers education loans to help students fund tuition, books, and living expenses for higher education. While SBI, Bank of India (BOI), and HDFC Bank all offer education loans, they differ in interest rates, processing times, fees, and the types of courses covered. Overall, SBI appears to be the best option among the three banks compared due to its size, widespread network, and competitive terms for education loans.
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Education loan
This document summarizes the key details about education loans provided by banks in India. It covers topics like expenses covered by education loans, eligible loan amounts, repayment terms, interest rates and concessions, tax benefits, required documents, consequences of defaulting, advantages and disadvantages of education loans, and how loan terms differ between banks. The document provides information to help students understand and apply for education loans to fund their higher education goals.
Educational loans
An educational loan is financial support provided by banks and financial institutions to students for pursuing higher education. The document outlines the process for applying for educational loans including filling out an application, providing documents, undergoing approval or denial, and loan disbursal. It also discusses repayment options, interest rates, tax benefits, consequences of defaulting, and details specific educational loan programs from the State Bank of India and ICICI Bank.
education loan
This document provides an overview of education loans in India. It defines education loans and outlines their purpose of helping students pay for higher education costs. It discusses eligibility criteria, documents required, expenses covered, loan amounts and interest rates. It also analyzes trends in education loan disbursal and non-performing assets. Key factors to consider when choosing an education loan like interest rates, repayment periods and security requirements are also summarized. The conclusion emphasizes the importance of education loans while advising students to carefully compare loan options.
Education loan
This document provides information about education loans in India. It discusses what education loans are, how they were introduced, and the model education loan scheme developed by the Indian Banks' Association. It outlines the key factors of education loans including eligibility criteria, courses covered, documents required, expenses covered, loan amounts, interest rates, repayment terms, and tax benefits. It also briefly mentions the issues of non-performing assets and advantages and disadvantages of education loans.
Education Loans
The document provides a comprehensive overview of education loan schemes offered by banks in India. It details eligibility criteria, courses covered, expenses that can be funded, loan amounts and margins, repayment terms, processing fees and more. The objective is to provide deserving students financial support to pursue higher education without barriers. Banks have flexibility to relax some norms on a case-by-case basis to make education loans more accessible.
Educational Loans
RBI guidelines stipulate that every meritorious student should be given access to better education. Accordingly banks are now offering educational loans for courses in India and abroad. The only eligibility is that the student should have secured admission through an entrance test or other such selection exams. The amount of loan a student can take is Rs 7.5 lakh for education in India and Rs 13 lakhs for education abroad. University fees, caution deposit, library fee among others become eligible for a loan advance. This type of loan has to be repaid within 1 year after the conclusion of the course.
EDUCATION LOAN
This document provides information about an education loan offered by SBI. It details the eligibility requirements, courses covered, expenses covered, loan amounts, interest rates and required documents. Students pursuing higher education in India or abroad can receive loans up to Rs. 10 lacs or Rs. 30 lacs respectively. Interest rates start from 8.45% and loan repayment begins 1 year after course completion over 15 years. Documentation includes proof of identity, residence, income, admission and academic records.
Education Loan
Loan for higher education in India or abroad. Process of loan and requirement, Interest rate of various bank, income tax on interest on education loan
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Education loan
This document summarizes the key details about education loans provided by banks in India. It covers topics like expenses covered by education loans, eligible loan amounts, repayment terms, interest rates and concessions, tax benefits, required documents, consequences of defaulting, advantages and disadvantages of education loans, and how loan terms differ between banks. The document provides information to help students understand and apply for education loans to fund their higher education goals.
Educational loans
An educational loan is financial support provided by banks and financial institutions to students for pursuing higher education. The document outlines the process for applying for educational loans including filling out an application, providing documents, undergoing approval or denial, and loan disbursal. It also discusses repayment options, interest rates, tax benefits, consequences of defaulting, and details specific educational loan programs from the State Bank of India and ICICI Bank.
education loan
This document provides an overview of education loans in India. It defines education loans and outlines their purpose of helping students pay for higher education costs. It discusses eligibility criteria, documents required, expenses covered, loan amounts and interest rates. It also analyzes trends in education loan disbursal and non-performing assets. Key factors to consider when choosing an education loan like interest rates, repayment periods and security requirements are also summarized. The conclusion emphasizes the importance of education loans while advising students to carefully compare loan options.
Education loan
This document provides information about education loans in India. It discusses what education loans are, how they were introduced, and the model education loan scheme developed by the Indian Banks' Association. It outlines the key factors of education loans including eligibility criteria, courses covered, documents required, expenses covered, loan amounts, interest rates, repayment terms, and tax benefits. It also briefly mentions the issues of non-performing assets and advantages and disadvantages of education loans.
Education Loans
The document provides a comprehensive overview of education loan schemes offered by banks in India. It details eligibility criteria, courses covered, expenses that can be funded, loan amounts and margins, repayment terms, processing fees and more. The objective is to provide deserving students financial support to pursue higher education without barriers. Banks have flexibility to relax some norms on a case-by-case basis to make education loans more accessible.
Educational Loans
RBI guidelines stipulate that every meritorious student should be given access to better education. Accordingly banks are now offering educational loans for courses in India and abroad. The only eligibility is that the student should have secured admission through an entrance test or other such selection exams. The amount of loan a student can take is Rs 7.5 lakh for education in India and Rs 13 lakhs for education abroad. University fees, caution deposit, library fee among others become eligible for a loan advance. This type of loan has to be repaid within 1 year after the conclusion of the course.
EDUCATION LOAN
This document provides information about an education loan offered by SBI. It details the eligibility requirements, courses covered, expenses covered, loan amounts, interest rates and required documents. Students pursuing higher education in India or abroad can receive loans up to Rs. 10 lacs or Rs. 30 lacs respectively. Interest rates start from 8.45% and loan repayment begins 1 year after course completion over 15 years. Documentation includes proof of identity, residence, income, admission and academic records.
Education Loan
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The document discusses various types of education loans available in India including student loans, parent loans, and private loans. It provides details on the eligibility, expenses covered, quantum of finance, margin requirements, security, interest rates, and processing for education loans offered by Punjab National Bank. Key points include:
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2) Loan amounts are needs-based up to Rs. 10 lakhs for studies in India and Rs. 20 lakhs for abroad, with higher amounts allowed on a case by case basis.
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The document discusses Syndicate Bank's education loan scheme called SyndVidya. Some key points:
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2) Interest rates start at 11.5% for loans up to Rs. 4 lakh and are linked to the bank's prime lending rate for higher amounts. Various concessions are available.
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Savings bank deposits are meant for small savers and have restrictions on withdrawals and minimum balance requirements. Current deposits are for business people and allow withdrawals by cheque but no interest. Recurring deposits encourage regular monthly savings over a fixed period by automatically depositing a set amount each month to earn interest. Fixed deposits are repaid after a specific time period but penalties apply for early closure. Proper documentation and verification is required to open any type of bank deposit.
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The document discusses various types of home loans available in India, including home purchase loans, home improvement loans, and loans for home construction or land purchase. It outlines the typical home loan process, from finding a property to signing the loan agreement. Required documents include identity, address, and income proofs. Interest rates on home loans can be fixed, floating, or resettable fixed. A table compares interest rates and fees from major Indian banks.
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This document discusses various types of bank deposits and accounts in India. It describes fixed deposits, which have a fixed maturity period and pay high interest. Savings deposits are for personal savings and have fewer restrictions than current accounts. Recurring deposits require fixed monthly installments. Current accounts are for business purposes and do not earn interest. The document also outlines key know your customer (KYC) guidelines for banks related to customer identification, transaction monitoring, and risk management.
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1) Education loans are available for a variety of degree and professional courses in India and abroad.
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The document discusses Syndicate Bank's education loan scheme called SyndVidya. Some key points:
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This document is a project report submitted by P. Pavithra in partial fulfillment of the requirements for a Master of Business Administration degree from Saveetha School of Management. The project focuses on credit risk management at State Bank of India's Park Town branch. It includes a certificate verifying the project as Pavithra's original work. It also includes an acknowledgment, declaration, abstract, and table of contents sections.
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IDBI Bank is an Indian state-owned banking and financial services company that was established in 1964 and provides various banking products and services including savings and current accounts, loans, investments, cards, and online and mobile banking. It has over 1,800 branches across India and offers personal and business loans, deposits, insurance, and investment services. IDBI Bank also has a capital markets division that serves as a lead manager for initial public offerings on the Indian stock exchanges.
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This project report analyzes the home loan procedure at ICICI Bank in Sangamner, India. It discusses the objectives of studying ICICI's home loan products and eligibility criteria. The report outlines ICICI Bank's historical background and profiles its home loan department. It describes the different types of home loans, documents required for application, and the credit appraisal and sanctioning process. The report also presents findings from the study, including interest rates, processing fees, penalty charges and loan tenure. Suggestions are provided such as shortening the approval time and improving customer communication. The conclusion is that ICICI provides competitive home loan schemes but could enhance the customer experience.
Debit Card Offers
IDBI Bank is one of India's leading public sector banks, established in 1964 to provide credit and facilities for growing Indian industry. It has a mission to delight customers with excellent service and financial solutions while maintaining high standards of corporate governance and deploying advanced technology. Recently, IDBI Bank launched a debit-cum-credit card called Magic Card for salary account holders, which functions as a debit card until the account balance is exhausted and then allows withdrawals and payments as an overdraft linked to the account holder's salary and bank rate. IDBI Bank is headquartered in Mumbai and provides various contact options for customers including phone banking and an anti-corruption hotline.
State Bank of India Summer Internship Presentation.
This document provides an overview of a study conducted on SBI's SME loan products in the Damoh region. It includes an introduction, objectives, background on SMEs, scope and limitations of the study which was focused on existing loan customers in Damoh and Panna. A SWOT analysis of SBI identifies strengths in market share and operations but weaknesses in customer service. Opportunities exist in rural banking and technology, while threats include loss of market share. Recommendations focus on increasing customer awareness, improving service, retaining customers through customized products and gathering feedback. The conclusion is that customers responded positively but SBI should focus on innovation, services and retention.
Strategies for Marketing High Ticket Housing Loan
This document discusses strategies for State Bank of India (SBI) to market high-ticket housing loans in Kolkata, India, with an emphasis on partnerships with builders. It provides background on SBI and describes the methodology used. It then analyzes SBI's current position in the housing loan market, identifies problems with its current builder partnerships, and provides results from a survey of housing loan customers. Finally, it performs a SWOT analysis and provides recommendations, including decreasing turnaround times, placing loan officers at builder project sites, and improving customer service.
analysis of sbi
State Bank of India (SBI) is India's largest bank. It was founded in 1806 and is majority owned by the government of India. SBI has over 17,000 branches across India and internationally. The document discusses SBI's strategic evolution over time in response to changes in ownership, governance, business processes, and structures. It analyzes SBI's competitors, products, marketing mix, SWOT analysis, and external environment using PEST and Porter's Five Forces frameworks. The analysis identifies SBI as the market leader and a "cash cow" given its continued growth and profitability.
Credit risk @ sbi project report mba finance
This document provides an executive summary and background of a project on credit risk management at State Bank of India. The objectives are to study the bank's structure, credit rating procedures, risk management activities, and regulatory guidelines. The methodology includes collecting primary data through interviews and secondary data from publications. Key findings are that SBI sanctions less agricultural credit than competitors and has effective risk management. Recommendations include revising credit policies, lowering interest rates, and increasing agricultural lending. The conclusion is that the project increased knowledge of credit policies and risk management.
Catchment scooping and government initatives
The document is a summer internship project report submitted by a student for their MBA program. It provides an overview of the internship conducted at HDFC Bank from June 1st to July 31st, 2019. The report covers HDFC Bank's organizational profile, including its history, mission, vision, business focus, distribution network and board of directors. It also provides details about the banking industry in India and HDFC Bank's products and services, with a focus on retail banking. The objective of the internship was to gain practical experience in areas like catchment scoping and government initiatives.
sbippt.pptx
Ha I know you were out there and didn't have a lot of time for the past couple weeks to be the first course computer to get a good morning friend to do cs vs and then I have a lot of work in my life that I am so excited to have been decreasing for a while and have been decreasing for a while now I have been trying it out and it is the cherished child born in me that is not there are any law enforcement people of the company who are in need with gst or a good morning friend to get a new episode of the company that.
A Study on Customer Perception Towards Services Provided By Public Sector Ban...
A Study on Customer Perception Towards Services Provided By Public Sector Ban...Dr. Linda Mary Simon
The document discusses a study comparing customer perceptions of services provided by ICICI Bank and Indian Overseas Bank in Coimbatore, India. It finds that customers are more satisfied with ICICI Bank's services than IOB's. Some key findings are that ICICI Bank customers found employees more courteous and rated Internet banking, ATM services, and customer care more positively than IOB customers. The study recommends that IOB improve technical infrastructure, provide more information on products and services, and change policies to match private sector banks like ICICI Bank.A Comparative Study on Home Loan of ICICI & SBI Bank
This document is a project report submitted for a Master's degree in business administration. It provides an introduction and overview of the project which conducts a comparative study of home loan schemes offered by ICICI Bank and SBI Bank. It outlines the objectives of the study, which are to understand the concept of home loans, eligibility criteria, documentation processes, and innovative schemes. The document also provides background information on ICICI Bank and SBI Bank, an overview of typical home loan schemes and extensions, eligibility criteria, and the documentation required for evaluating home loan applications.
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Copy of credit risk management_in_state_bank_of_india
Copy of credit risk management_in_state_bank_of_india
State Bank of India Summer Internship Presentation.
State Bank of India Summer Internship Presentation.
A Study on Customer Perception Towards Services Provided By Public Sector Ban...
A Study on Customer Perception Towards Services Provided By Public Sector Ban...
A Comparative Study on Home Loan of ICICI & SBI Bank
A Comparative Study on Home Loan of ICICI & SBI Bank
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education loan
- 1. Presented by: Subrato Banerjee Roll No – 1154
- 2. State Bank of India (SBI) is the largest banking and financial services company in India by revenue, assets and market capitalisation. As of March 2012, it had 14,119 branches, including 173 foreign offices in 37 countries across the globe. Including the branches that belong to its associate banks, SBI has 21,500 branches. The State Bank Group has the largest banking branch network in India. SBI has 14 local head offices
- 3. A student loan is designed to help students pay for university tuition, books, and living expenses. Student loans in India (popularly known as Education loans) have become a popular method of funding higher education in India Most large public sector and private sector banks offer educational loans.
- 6. ELIGIBILITY CRITERIA INTEREST CHARGED SECURITY DOCUMENT REQUIRED
- 8. Interest rate Processing time Processing fee Methods of payment Amount of loan Points of comparison
- 9. Interest rate of S.B.I is is more in compare to B.O.I and HDFC Bank has more interest rate than others. In S.B.I time taken to process the loan is little bit more in compare to other two banks. Fees taken to process the loan is very nominal in compare to other. Amount of selling of product is much more than other S.b.i does not cover vocational courses under education loan.
- 10. The need of education loan is increasing day by day rapidly Education loan is very important for the students or for us for the higher studies There are some plus points as well as minus points in all the above three banks. State Bank of India is far better than other banks in every field. State bank of India also had to work on its limitations