The State Bank of India (SBI) offers loans to students pursuing education abroad
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The SBI Global Ed-Vantage scheme is designed to support students in their academic endeavours abroad
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SBI Global Ed-Vantage covers a wide range of courses offered by foreign institutes and universities in countries, including the USA, UK, Canada
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Australia, Singapore, Japan, Hong Kong, New Zealand, and Europe
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Eligible courses include regular graduate degrees, post-graduate degrees, diplomas, certificates, and PhD
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The scheme supports various expenses required for course completion, such as fees payable to college/school/hostel, examination, library, and laboratory fees
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Other eligible expenses include travel expenses for studies abroad, purchase of books, equipment, instruments, uniforms, and computers, and study tours
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The SBI loan amount ranges from Rs. 7.50 lakh up to Rs. 1.5 crore