The document is a presentation on education loans submitted to a professor by a team of representatives. It provides information on State Bank of Mysore's GNANA MITRA education loan scheme, including eligible courses and institutions, loan limits and interest rates, eligibility criteria, required documents, and repayment terms. Key details include loans available from Rs. 10,000 to Rs. 30 lakhs for domestic studies and Rs. 10,000 to Rs. 40 lakhs for foreign studies, with repayment in monthly installments over 5-7 years beginning after course completion.

1. PRESENTATION ON EDUCATION LOAN
SUBMITTED TO ,
PROF . SHASHIKANT
SUBMITTED BY :
OUR TEAM

2. REPRESENTATIVES
 AMARESHID
 ANJANAMR
 MEGHANATH
 ZEESHAN
 VIVEKANANDA
 NETRA
 MAHESHLR

4. Education Loan
Education loans are boon for people who want to do higher studies
but could not afford it. Education Loan in India is provided by banks
and financial institutions and covers fee for all years, which is
normally disbursed to thecollege/institute directly by thebank.

5. Welcome To State Bank Of Mysore
State BankOf Mysorewasestablishedintheyear 1913as BankOf MysoreLtd.
UnderthepatronageoftheGovtofMysore,at theinstanceofthebanking
committee headedbythegreat Engineer–Statesman,
Dr.Sir.M,Visvesvaraya.

6. Gnana Mitra Education Loan
Purpose :
Toenablestudentswithacademicbrilliancetomeet tutionandother
fees/maintainancecosts/booksandequipmentandcostofpassagefor
studiesabroadetc..forpursuingstudiesatrecognised school/ college/
institution.
CoursesEligible–Higherstudies:
Diploma/Graduate/PostGraduatecoursesinthefacultiesofEngineering,
technology,Medicine,Dentalscience, Agriculturescience, veterinary
scienceandComputercertificatecoursesofreputedinstitutesaccreditedto
departmentofelectronicsor affiliatedtouniversity.

7. Repayment:
Repaymentofloantocommenceimmediatelyafter disbursal, bytheparent/
guardian, outofhis/her income.Instalmentsmay benominal(tocover
interestportion,atleast)duringtheperiodthestudentisundertakingthe
studies.Theinstalmentswillbesteppeduponeyearafter thecompletionof
thecourseor afterthestudentsgetsa job, whicheverisearlier ,sothatthe
loangetsrepaidtogetherwithinterestwithina periodof60 to84 months
thereafter.

8. Limit
Amount of Loan
(In Indian Rupees)
MIN (Rs) MAX(Rs)
Higher Education- in
India
10000 30.00 lacks
Higher Education-in
abroad
10000 40.00 lacks
INTERESTRATES :
SCHEMES AND INTERESTRATESARE SUBJECT
TO
CHANGES FROM TIMETOTIME.

9. Education Loan Check List
 Basic Documents: Address,Age and Nationality Proof.
 Attested Marks Cards: Starting from SSLC/10th Std.
 Admission Letter as issued by the admitting
School/College/Institute.
 All essential documents issued by the admitting
School/College/Institute, including prospectus,breakup of fees,
etc.
 Letter from admitting School/College/Institute that stipulates
non-availability of hostel facility.
 IncomeProof: Bank statements (6 months), Salary slips (3 months)
& ITR of Parent/Guarantor.

10.  Passportsized photographs (2nos. each) for applicant, guarantorand parent.
 Studying Abroad: Employment Contract.
 Studying Abroad: EntryPermit (Validity, issuingauthorityetc., mustbe
noted).
 Studying Abroad: Admission letter & I-20 form from Foreign Institution.
 Studying Abroad: Passport& Visa.
 Documents confirmingupon the security/collateral.
 Substantiating documents if immovable property is offered assecurity.
 If Employed: Resignation letter, Acceptance of Resignation letter orSanction
letter for studyleave.

11. Education Loan Eligibility
 The applicant mustbe a resident Indian.
 He/she must have secured admission into a recognized course of study, in India or abroad,
through an entrance test or other such qualification procedure.
 If the applicant is a Non-Resident Indian (NRI), he/she must hold a valid Indian Passport.
 Courses applicable in India- Graduation, Post-Graduation, Diploma programs, Technical
courses, Management courses and other professional courses. All from recognized
universities.
 Courses applicable Abroad- Graduation, Post-Graduation, Certificate Degree courses from
CIMA- London, CPA-USA and other such well known educational entities.
 The applicant must provide a collateral/security that is enforceable in India.

12. Documents Required for an
Education Loan
 Completedloanapplicationform.
 Documentsfor proof ofage (self-attested).
 IDandAddress proof.
 Passport sized photographsof theapplicant,guarantor,etc.
 Copies ofhighest educationalqualification(degree/post-graduation, etc.)
 Proof ofincome (ITreturns ofparents/guarantor).
 Sixmonthsbankstatement for accountheld byapplicant/parent/guarantor.
 Details ofcollateral security markedby aGovernment approvedvaluer(if applicable).
 Passport/Visa copy,airfarecostas established in documents(forstudies abroad).

13.  Item 1923 TO BE SUBMITTED IN DUPLICATE To The Branch Manager, State Bank of Mysore,
_______________________Branch.
 EDUCATIONAL LOAN SCHEME- GNANA MITRA – APPLICATION FORM 1. Particulars of Student
/ course of study
 a) Full Name :
 b) Date of Birth : c) Educational Qualifications and : % %of marks obtained
 d) Name of proposed course of study :
 e) Name of institution / university :
 f) Duration of the course :
 g) Date of commencement of course :
 h) Expected monthly income of student after completion of the course :
 i) Whether belongs to SC/ST :
 2. Particulars of parent / guardian
 a) Full Name :
 b) Permanent Address :
 1) Residence………………………………………………………………………………...
 2) Place of work…………………………………………………………………………….
 c) Phone Number :……………………………d) E-mail ID ……………………………. ……..
 e) Age:……………years :
 f) If in service
 I. Name of Employer :
 II. Age of retirement :
 g) Number of children / dependents :
 h) Particulars of deductions from gross income
 i) Net Monthly Income :
 j) Details of present borrowings :

14.  STATE BANK OF MYSORE ２

___________________________________________________________________________________________
Amount of loan Sl.no. Date of loan Obtained from Original Present Repayment plan
___________________________________________________________________________________________
 ___________________________________________________________________________________________
 ___________________________________________________________________________________________
 ___________________________________________________________________________________________
 ___________________________________________________________________________________________
 3. Particulars of loan applied for
 a) Total expenses for the course :
 b) Details of non-repayable Studentship / fellowship etc., available to student :
c) Details of funds available From family sources for the course :
 d) Amount of loan applied for (attested documents to be Enclosed) :
 4. Security offered
 a) Immovable property : (give particulars)
 b) Other securities :
 ___________________________________________________________________________________________
Name of Security Serial No Name of holder Maturity date Amount
___________________________________________________________________________________________
 ___________________________________________________________________________________________
 5. Repayment programme
 The loan is proposed to be repaid as under :
 i) During the studies by the student :
 In……………………………equated monthly instalments (EMI) of Rs………………………

15.  each by parent / guardian beginning from :
 STATE BANK OF MYSORE ３
 ii) After completion of studies by the student :
 In………………………equated monthly instalments (EMI) of Rs…………………………
 6. Any other useful information
 Please sanction the aforesaid amount of loan in our favour. We certify that to the
best of our knowledge and belief the information furnished herein is true and
correct. We promise to abide by terms and conditions governing the loan facility by
the Bank.
 Signature of the witness Signature of parent / guardian
 Name :
 Address: Signature of student
 DOCUMENTS TO BE ENCLOSED
 a) Copies of certificate / marks sheets of examination passed (from SSLC onwards).
b) Testimonials from the institution last attended / other respectable persons
(atleast 2 persons). c) Copies of letters conferring scholarship, freeship,
studentship etc., d) Proof of admission to the course. e) Schedule of expenses for
the course. f) Two copies of passport size photographs of the student. . Copy of
Salary slip / statement of income of parent / guardian ( last income tax assessment
order, if applicable). i) Copy of the caste certificate issued by the competent
authority (applicable only to the students

16. VISITED SBM BRANCH
Address:PBNO 32PLOTNO67,SUPERMARKET
GULBARGA
District:Gulbarga
Taluk:GULBARGA
State:Karnataka
Pin:585102
LandMark: SUPERMARKET
Email: gulbarga@sbm.co.in
TelephoneNo: 08472221502-08472;242967
IFSC Code: SBMY0040383