ANNEXURE-1
STATE BANK OF INDIA
APPLICATION FORM FOR EDUCATION LOAN
SOURCED GROUP:
____________
REFERRAL GROUP:
____________
Signed Signed Signed Signed
ELC NAME: photograph of photograph of photograph of
photograph of
___________________ Student Co-applicant / Co-applicant / Co-applicant /
ELC CODE: Guarantor Guarantor Guarantor
___________________
CIF NO. (FOR OFFICE USE)
JOINT SB ACCOUNT NO.
(FOR OFFICE USE)
LOAN ACCOUNT NO.
(FOR OFFICE USE)
EXISTING
RELATIONSHIP YES NO
WITH SBI?
If YES, please mention
CIF No. or Account No. ______________ ______________ ______________ ____________
(I) PERSONAL INFORMATION OF THE APPLICANTS
CO-
CO-APPLICANT / CO-APPLICANT /
PARTICULARS STUDENT APPLICANT
GUARANTOR GUARANTOR
/GUARANTOR
FIRST NAME
MIDDLE NAME
LAST NAME
MOTHER’S FULL NAME
FATHER’S /
HUSBAND’S FIRST
NAME
FATHER’S /
HUSBAND’S MIDDLE
NAME
FATHER’S /
HUSBAND’S LAST
NAME
RELATIONSHIP WITH
x-x-x-x-x-x
STUDENT
DATE OF BIRTH
(DD/MM/YYYY)
HINDU /
HINDU / HINDU / HINDU /
MUSLIM /
MUSLIM / MUSLIM / MUSLIM /
CHRISTIAN /
CHRISTIAN / CHRISTIAN / CHRISTIAN /
RELIGION SIKH / PARSI
SIKH / PARSI SIKH / PARSI / SIKH / PARSI /
/ BUDDHIST /
/ BUDDHIST / BUDDHIST / BUDDHIST /
JAIN /
JAIN / OTHERS JAIN / OTHERS JAIN / OTHERS
OTHERS
SC / ST / SC / ST / SC / ST / SC / ST /
CASTE CATEGORY
OBC / OBC / OBC / OBC /
GENERAL / GENERAL / GENERAL / GENERAL /
OTHERS OTHERS OTHERS OTHERS
MALE /
MALE / MALE / MALE /
FEMALE /
GENDER FEMALE / FEMALE / FEMALE /
THIRD
THIRD GENDER THIRD GENDER THIRD GENDER
GENDER
SINGLE / SINGLE / SINGLE / SINGLE /
MARITAL STATUS
MARRIED MARRIED MARRIED MARRIED
HIGHEST
EDUCATIONAL
QUALIFICATION
WHETHER RELATED
TO CHAIRMAN /
DIRECTORS /
EMPLOYEE OF OUR
BANK OR ANY OTHER
BANKS. IF YES,
DETAILS OF
RELATIONSHIP
OCCUPATION
INCOME FROM ALL
SOURCES (Rs.)
PAN NO. /Form 60
AADHAAR NO.
(MANDATORY IF
ELIGIBLE FOR
SUBSIDY BENEFIT)
PASSPORT NO.
(MANDATORY FOR
STUDIES ABROAD)
OTHER OVD, IF ANY
CURRENT ADDRESS
(HOUSE NO., ROAD
NAME, LOCALITY, CITY,
PIN CODE, DISTRICT,
STATE)
OFFICE ADDRESS
(HOUSE NO., ROAD
NAME, LOCALITY, CITY,
PIN CODE, DISTRICT,
STATE)
PERMANENT ADDRESS
(HOUSE NO., ROAD
NAME, LOCALITY, CITY,
PIN CODE, DISTRICT,
STATE)
MOBILE NUMBER
E-MAIL ID
SOCIAL MEDIA
HANDLE
(LINKEDIN, FACEBOOK,
INSTAGRAM, TWITTER,
ETC.)
ADDRESS FOR
CORRESPONDENCE CURRENT ADDRESS / OFFICE ADDRESS / PERMANENT
[TICK (√) OPTIONS AS ADDRESS
APPLICABLE]
(II) PRESENT BANKER DETAILS
CO-
CO-APPLICANT / CO-APPLICANT /
PARTICULARS STUDENT APPLICANT
GUARANTOR GUARANTOR
/GUARANTOR
NAME OF THE BANK
BANK BRANCH WITH
IFSC
SB / OD ACCOUNT NO.
DIRECT / INDIRECT
LIABILITY DETAILS
(III) DETAILS OF THE COURSE / STUDY
ADMISSION TYPE MERIT / MANAGEMENT QUOTA/ NRI
GRADUATION / POST-GRADUATION/ DEGREE / DIPLOMA/
GRADE OF STUDY
PHD CERTIFICATE
COURSE STREAM MANAGEMENT/ ENGINEERING/ LAW/MEDICAL/SKILL ETC.
NAME OF THE COURSE
NAME OF THE INSTITUTION
STUDY LOCATION (COUNTRY
OF STUDY)
COUNTRY NAME
DURATION OF COURSE
EXPECTED DATE OF
COMMENCEMENT OF
COURSE
EXPECTED DATE OF
COMPLETION OF COURSE
(IV) COST OF COURSE / SOURCE OF FINANCE: (ALL AMOUNTS IN Rs.)
YEAR YEAR
PARTICULARS YEAR 2 YEAR 3 YEAR 5 YEAR 6 TOTAL
1 4
TUITION FEES
OTHER FEES
PAYABLE TO
INSTITUTION
BOOKS/STATIONERY
EQUIPMENT /
COMPUTER
HOSTEL/ BOARDING/
LODGING EXPENSES
SUNDRIES /
TRAVEL/TCS*
TOTAL
OWN SOURCE /
SCHOLARSHIP
INSURANCE PREMIUM FOR FULL LOAN TENURE
*Tax collection at Source (TCS) on remittances under Liberalized Remittance Scheme (LRS)
LOAN REQUIRED
(V) DETAILS OF SECURITY OFFERED (FOR LOANS ABOVE Rs. 7.50 LACS)
A) IMMOVABLE PROPERTY
PLOT / FLAT TITLE DEED ESTIMATE
/ HOUSE LEASE / IN THE NAME OF ADDRESS D MARKET
DATED
NO. FREEHOLD VALUE
B) VEHICLE / CAR
(PLEASE GIVE
DETAILS INCLUDING
REGISTRATION No.,
etc)
C) OTHER SECURITIES
TYPE OF ESTIMATE
THE SERIAL NO. NAME OF THE HOLDER MATURITY VALUE D MARKET
SECURITY VALUE
(VI) PROPOSED / PREFERRED REPAYMENT PERIOD
NUMBER OF INSTALMENTS (UPTO 180 MONTHS EXCLUDING COURSE PERIOD AND
MORATORIUM):
(VII) CONSENT FOR INSURANCE COVER
WHETHER AVAILING OF SBI RINN RAKSHA INSURANCE COVER: YES / NO
(X) INCOME CERTIFICATE FOR AVAILING OF INTEREST SUBSIDY BENEFIT
SCHEME MAXIMUM GROSS ELIGIBLE INCOME
PARENTAL/ CERTIFICATE
GUARDIAN INCOME ATTACHED
Central scheme for Interest subsidy on
YES /
education Loans for Economically Weaker Rs. 4.50 lakhs YES / NO
NO
Sections (CSIS) for studies in India *
* For availing Interest Subsidy benefit, Income proof is required from authorised Public Authority of the State/UT
Government.
** ITR/ Form 16/ Audited Accounts can also be submitted as Income Proof for availing subsidy benefit.
Note 1: Subsidy benefit will be available only from the date of submission of income proof.
Note 2: Interest Subsidy benefit is available for select courses/ institutions as prescribed by Government under
respective scheme.
(VIII) DECLARATION
I / We hereby apply for a loan from SBI to the extent indicated in the Section (IV) of this application form. I /
We declare that the foregoing particulars and information furnished in this application form are true, accurate
and complete and that they shall form the basis of any loan SBI may decide to sanction to me / us. I / We
confirm that I / we have / had no insolvency proceedings against me / us. Nor have, I / we been adjudicated
insolvent. I / We further confirm that I / we have read the terms and conditions and understood the contents
therein. I / We am / are aware that the Equated Monthly Instalment (EMI) will comprise Principal and Interest
based on State Bank External Benchmark Lending Rate (EBLR), which is subject to change/reset from time to
time.
I / We agree that SBI may at its discretion conduct discreet inquiries in respect of this application. I / We
undertake to inform as to any change in my / our occupation / employment, residential / present address/
mobile number and to provide any further information that the Bank may require. SBI will be at liberty to take
such action as it may deem necessary if my / our above statements are found to be untrue. I / We agree that
SBI shall have the sole discretion to reject my / our loan application / reduce loan amount without assigning
any reason thereof. I / We further agree that my / our loan transactions shall be governed by the rules of SBI
which may be in force from time to time. I / We also hereby give my / our consent to send the application to
Processing Centre for sanction if in order and disbursement on sanction from Processing Centre or any Branch
as per process prescribed by SBI. I may carry out future transactions at the above-mentioned Branch as Home
Branch. I/ We agree that I/ We will bear the charges of Vidya Lakshmi Portal (VLP) as prescribed by
Government of India once loan is sanctioned/ disbursed. I/We agree to receive SMS alerts related to my/our
application status and account activity as well as product use messages that the Bank will send, from time to
time, on my/our mobile phone number as mentioned in this application form.
I/We undertake and declare that I/we will comply with the Foreign Exchange Management Act, 1999 (‘FEMA’)
and the applicable rules, regulations, notifications, directions or orders made there under and any amendments
thereof. I/We undertake to intimate the Bank before proceeding overseas on permanent employment and/or
emigrating and/or changing my/our nationality.
I/We agree and give consent for the disclosure by SBI of all or any such; (a) information and data relating to
me/us (b) the information or data relating to any credit facility availed of/to be availed of by me/us and (c)
default, if any, committed by me/us in discharge of my/our such obligation, as SBI may deem appropriate and
necessary, to Credit Information Companies (CICs) and any other agency authorised in this behalf by Reserve
bank of India / Government of India/ SBI. I/We also understand that the Bank is at the liberty to get confirmed
any details furnished by me/us and also to intimate to my/our DDO/Department Head/CEO, the details of any
of the loans sanctioned/disbursed to me/us and I/we accordingly convey my/our consent for such disclosures.
I/ WE undertake to submit PAN details before taking 1st disbursement in case PAN details are not submitted
with this application by me/ us.
I / WE DECLARE THAT I / WE HAVE NOT AVAILED OF ANY LOAN FOR THE SAME COURSE FROM
OTHER BANK/ FINANCIAL INSTITUTION.
Signature of Student Signature of Co-applicant/ Signature of Co-applicant/ Signature of Co-applicant/
Guarantor Guarantor Guarantor
Place:
Date:
EDUCATION LOANS
Checklist of Documents submitted along-with Loan Application Form
Student - Applicant: (Self-attested documents)
i. Academic Records:
10th Result 12th Result Graduation Result- Semester-wise (if
applicable)
Entrance Exam Result _____________________________ (mention the Test taken)
ii. Proof of admission: Admission Letter/ Offer Letter (studies abroad only) / ID card (for
reimbursement cases)
iii. Copies of letter conferring scholarship, free-ship, etc.
iv. Schedule of expenses
v. Gap certificate, if applicable
vi. 2 passport-size photographs
vii. Passport to be mandatorily obtained in case of Studies Abroad
viii. PAN Card
ix. AADHAAR card, if available (mandatory for availing subsidy benefit)
x. OVD: _________________________
xi. If any other existing loan from other Banks/Lenders, then Loan A/C statement for last 1 year
Co– Applicant / Guarantor*: (Self-attested documents)
i. PAN Card
ii. OVD: _________________________
iii. 2 passport-size photographs
iv. If any other existing loan from other Banks/Lenders, then Loan A/C statement for last 1 year
v. Asset-Liability Statement
* wherever applicable
Income Proof for Salaried Co-applicant / Guarantor* (Self-attested documents)
i. Salary Slip or Salary Certificate of last 3 months
ii. Copy of Form 16 or copy of IT Returns for last 2 financial years, acknowledged by IT Dept
(ITR-V)
iii. Bank account statement for last 6 months (of Salary Account.
Income Proof for Self-employed Co-applicant / Guarantor* Self-attested documents)
i. Business address proof (If applicable)
ii. IT returns for last 2 years (if IT payee)
iii. TDS Certificate (Form 16A, if applicable)
iv. Bank account statement for last 6 months
* wherever applicable
Major Documents for Collateralized Loans
For Land/ building offered as collateral-
i. Title Deed of the property
ii. Any other property related document(s) (if applicable) ___________
If Liquid Security offered as collateral, photocopy of same to be enclosed.
For Loans above Rs. 4 lacs and upto Rs. 7.50 Lacs for studies abroad: DD/Cheque of Rs.
5000/-
Loan Processing Fee #: DD/ Cheque of Rs. 11,800/- (Rs. 10,000 processing fee +18% GST)
Advocate/ Legal Charges: As applicable for the centre
# Applicable for Global Ed-Vantage above Rs. 7.5 Lacs/ Student Loans above Rs. 20 Lacs
Date: _________________________
Branch Name: __________________ Branch Head
