Particulars State Bank of India Bank of Baroda

Income Average income is acceptable Average income is acceptable

Quantum of Finance • SL - upto ₹ 1.5 Cr * SL - Premier Listing -1.5 Cr * SL - Non-
Funding & Margin * 90% + 10% (with each disb.) Premier
•PremierListing
: 100%- funding
60 L •Non Premier :
Rate of Interest * Basic ROI - 11.15% (-) * Consession : • 90% + 10%
•Premier University – ROI 9.70 % p.a.
Study Level & Courses 0.50%
•Secured- Girl Child
Loan for•all
0.50%
Level- of
Rincourses
Raksha •Non-Premier
•Secured LoanUniversity
for Bachelors- ROIDegree,
10.35 %
Tenure including
15 years Pathway, Foundation and Masters
15 years Degree, PG Diploma, Graduate
Disbursement * Tuition Fees : Remittance to University * Tuition Fees : Remittance to University
Property Acceptable Account
* Loan on *Residential
Living Expenses : Directly
Flat, House, to
Open Account
* Loan on *Residential
Living Expenses : Directly
Flat, House, to
Shop,
Security Margin Plot (Above
* Against 2000 [Link]),
Realisable Shop,
value 100% of Commercial Property,
* Against Realisable Fixed
value Deposit,
100% of LIC
amount is sanctioned for loan.
Bank charges + VR + SR * SR - Rs. 4000/- * VR - Rs. 2500/- * P.F.- amount
* SR & VR is -sanctioned
Rs. 10030/-for*loan.
P.F. - ₹ 10000
Sponsorers ₹ 10000 /+Grandparents
Parents GST / Immediate +Parents
GST (refundable only if the
/ Grandparents / Immediate university is
Offer Letter Family
* Can be processed on the basis of Family / Family friends
* Can be processed on the basis of
Simple Interest Conditional
Serving simple / Unconditional offer letter
interest is optional Conditional
Serving simple/ Unconditional offer letter
interest is optional
Moratorium Period Course duration + 6 months Course duration + 12 months
Stamp Duty for Mortgage * Equity Mortgage - 0.3% of loan amount * Equity Mortgage - 0.3% of loan amount
Process
TAT * Notice
20 of intimation - 0.5% of loan
- 25 days * Notice
20 of intimation - 0.5% of loan
- 25 days
Facing Balance * Facing Balance required to show at the * Facing Balance required to show at the
time of sanctioning and in some banks time of sanctioning and in some banks
Axis Bank HDFC Credila Financial Services Pvt. Ltd.

The loan amount will be sanctioned as The loan amount will be sanctioned as
per
SL - upto ₹ 1.5cr (No Limit, depending on per
the income criteria of the sponsorers. * SLthe
as perincome
COA criteria of the
upto 100% sponsorers.
* UL upto ₹
CP) UL - Prime A upto ₹ 75L | Prime B 75 Lakhs for USA and
* UL upto 100% Funding * SL Upto 1.5 Cr 100% funding. Including tution fees, ₹ 35 lakhs for
and
*UL/SLabove
ROI--85% + 15%
10.5% (with each disb. living
- 11.25% expences,
SL - 10.25% other UL
to 11.5% expences.
- 11.5% to
•Secured Loan for all level of courses. 12,75%
•SL for all level (UG/PG/Masters/Bach.)
•No loan
15 years for UG Diploma / Certificates of
12 courses. • UL only
years including for PG/Masters.
course duration
* Tuition Fees : Remittance to University Loan amount disbursed in
Account
•No loan on * Living
OpenExpenses
plot •No :loan
Directly
on twoto student/parent’s
Loan on Residential saving
Flat,account. Pre-
House, Open
properties •Against
* Against Market market
value 85%value 65% of Plot,
and against * 100%Shop, Fixedamount
of loan Deposit. Loan eligible
is sanctioned
FDR
* No90% of amount
charges is sanctioned
for valuation for
and search towards
* PF - 1%valuation
to 1.25%of+ property.
GST to get*LoanProvide
report.
Parents */ Grandparents
PF. - 0.5% - 0.75% of LSA + 18% letter
/ Immediate Parents / Grandparents / Immediate
Family
* Can be processed on the basis of Family
* Pre-Admission Loan only for USA on
Conditional
Compulsory to pay Simple Int., once loan basis
/ Unconditional offer letter SL - SIof/ PSI
GRE/IELTS and Income
(all courses), Product.
SL - Direct EMI *
is disbursed
Course duration + 1 yr (UG & Bach.)
Course durationUL -+SI
12/ months
PSI (Masters/PG),
* Equity Mortgage - 0.3% of loan amount * Equity : SL - NOI - 0.5%, Stamp Duty -
* Notice
20 - 25 daysof intimation
for SL and -UL 0.5% of loan 0.3%
7 - 10 working days
* Facing Balance required to show in Facing Balance is required
form of FD, Savings or CA Certificate