.svg)
.avif)
SBI, a leading national financial institution, offers various education loan options to help Indian families and students overcome the challenge of affording higher education costs. The SBI Education Loan program supports domestic and foreign studies, catering to various higher education programs, including degrees, diplomas, and vocational training. With flexible options to accommodate different financial needs, SBI's education loans provide an accessible way for students to pursue their academic aspirations.
This blog presents a comprehensive SBI Education Loan College List for 2026.
Types of SBI Education Loan
| Loan Parameter | SBI Student Loan Scheme | SBI Scholar Loans (For colleges under SBI Premier Institute List) | SBI Global Ed-Vantage Scheme |
|---|---|---|---|
| Loan Limit | Up to ₹30 lakhs for medical courses Up to ₹10 lakhs for other courses (maximum up to ₹50 lakhs, depending on the case) |
Up to ₹1.5 Crore for abroad education For unsecured loans: ₹50 lakhs (List AA) ₹40 lakhs(List A) ₹30 lakhs (List B) ₹7.5 lakhs to ₹30 lakhs (List C) There is no upper limit for secured loans |
₹7.5 lakhs to ₹1.5 Cr (up to ₹3 Crore for select premier overseas institutions) |
| Secured/Unsecured Loan | Secured/Unsecured both options available. Students can choose based on the maximum loan amount required | Secured/Unsecured both options available. Students can choose based on the maximum loan amount required | Secured |
| Interest Rate | 10.15% - 11.15% (varies with course, profile and tenure) |
|
9.65% - 10.15% (including applicable concessions) |
| Interest Rate Concession | For girls students: 0.50% SBI Rinn Raksha or Any other bank policies: 0.50% |
For girls students: 0.50% SBI Rinn Raksha or Any other bank policies: 0.50% |
For girls students: 0.50% SBI Rinn Raksha or Any other bank policies: 0.50% |
| Loan Margin | Up to ₹4 lakhs - 0% Above ₹4 lakhs - 5% |
Zero (Bank charge margins depend on the ranking of colleges.) | Up to ₹4 lakhs - 0% Above ₹4 lakhs - 5% |
| Processing Fees | Loans up to ₹20 lakhs - ₹0 Loans above ₹20 lakhs - ₹10,000+ TAX |
Zero | Loans up to ₹20 lakhs - ₹0 Loans above ₹20 lakhs - ₹10,000+ TAX |
| Moratorium Period | Course Duration + 6 months | Course Duration + 12 months after the course completion or 6 months after employment (whichever is earlier) | Course Duration + 6 months post-course completion |
| Repayment Duration | Up to 15 years post the moratorium period | Up to 15 years after the moratorium period completion | Up to 15 years after the moratorium period completion |
Note: Please refer to the official SBI bank website or consult your nearest branch to learn the current interest rates.
Before selecting from the various options under SBI, refer to the Education Loan Eligibility and Application Process to ensure you meet the criteria for your preferred scheme.
Get Education Loan for Any College in India. 100% Fees Financed- Propelld Education Loan
SBI Scholar Loan College List
The SBI Scholar loan is directly targeted at students pursuing education from premium institutions in the country, such as IITs, IIMs, NITs, and ISB. The SBI Education Loan College list for scholar loan is further categorised into four lists: List AA, List A, List B, and List C. Based on this, the maximum loan limit is different for students of institutions belonging to various lists.
Here is the SBI Education Loan College List categorised under 4 lists:
List AA - SBI Education Loan College List
| SBI Education Loan College List | Location |
|---|---|
| Indian Institute of Management (IIM), Ahmedabad | Gujarat |
| Indian Institute of Management (IIM), Bangalore | Karnataka |
| Indian Institute of Management (IIM), Calcutta | West Bengal |
| Indian Institute of Management (IIM), Indore | Madhya Pradesh |
| Indian Institute of Management (IIM), Indore - Mumbai Campus | Maharashtra |
| Indian Institute of Management (IIM), Kozhikode | Kerala |
| Indian Institute of Management (IIM), Lucknow | Uttar Pradesh |
| Indian Institute of Management (IIM), Lucknow - Noida Campus | Uttar Pradesh |
| Indian School of Business (ISB), Hyderabad | Telangana |
| Indian School of Business (ISB), Mohali | Punjab |
| Xavier Labour Relations Institute (XLRI), Jamshedpur | Jharkhand |
List A- SBI Education Loan College List
| SBI Education Loan College List | State |
|---|---|
| Birla Institute of Technology & Sciences (BITS), Pilani | Rajasthan |
| BITS (Pilani) - Goa Campus | Goa |
| BITS (Pilani) - Hyderabad Campus | Telangana |
| Indian Institute of Corporate Affairs (IICA), Manesar | Haryana |
| Indian Institute of Foreign Trade (IIFT), Delhi | Delhi |
| Indian Institute of Foreign Trade (IIFT), Kolkata | West Bengal |
| Indian Institute of Management (IIM), Amritsar | Punjab |
| Indian Institute of Management (IIM), Bodhgaya | Bihar |
| Indian Institute of Management (IIM), Jammu | Jammu and Kashmir |
| Indian Institute of Management (IIM), Kashipur | Uttarakhand |
| Indian Institute of Management (IIM), Nagpur | Maharashtra |
| Indian Institute of Management (IIM), Raipur | Chhattisgarh |
| Indian Institute of Management (IIM), Ranchi | Jharkhand |
| Indian Institute of Management (IIM), Rohtak | Haryana |
| Indian Institute of Management (IIM), Sambalpur | Odisha |
| Indian Institute of Management (IIM), Shillong | Meghalaya |
| Indian Institute of Management (IIM), Sirmaur | Himachal Pradesh |
| Indian Institute of Management (IIM), Trichy | Tamil Nadu |
| Indian Institute of Management (IIM), Udaipur | Rajasthan |
| Indian Institute of Management (IIM), Visakhapatnam | Andhra Pradesh |
| Indian Institute of Technology (IIT), Bhilai | Chhattisgarh |
| Indian Institute of Technology (IIT), Bhubaneshwar | Odisha |
| Indian Institute of Technology (IIT), Chennai | Tamil Nadu |
| Indian Institute of Technology (IIT), Delhi | Delhi |
| Dept of Management Studies, IIT Delhi | Delhi |
| Indian Institute of Technology (IIT), Dharwad | Karnataka |
| Indian Institute of Technology (IIT), Gandhinagar | Gujarat |
| Indian Institute of Technology (IIT), Goa | Goa |
| Indian Institute of Technology (IIT), Guwahati | Assam |
| Indian Institute of Technology (IIT), Hyderabad | Telangana |
| Indian Institute of Technology (IIT), Indore | Madhya Pradesh |
| Indian Institute of Technology (IIT), Jammu | Jammu and Kashmir |
| Indian Institute of Technology (IIT), Jodhpur | Rajasthan |
| Indian Institute of Technology (IIT), Kanpur | Uttar Pradesh |
| Department of Industrial & Management Engineering, IIT Kanpur | Uttar Pradesh |
| Indian Institute of Technology (IIT), Kharagpur | West Bengal |
| Indian Institute of Technology (IIT), Mandi | Himachal Pradesh |
| Indian Institute of Technology (IIT), Mumbai | Maharashtra |
| Indian Institute of Technology (IIT), Palakkad | Kerala |
| Indian Institute of Technology (IIT), Patna | Bihar |
| Indian Institute of Technology (IIT), Roorkee | Uttarakhand |
| Indian Institute of Technology (IIT), Rupnagar (Ropar) | Punjab |
| Indian Institute of Technology (IIT), Tirupati | Andhra Pradesh |
| Indian Institute of Technology (IIT), Varanasi | Uttar Pradesh |
| Indian School Of Mining (ISM), Dhanbad | Jharkhand |
| Institute of Management Technology (IMT), Ghaziabad | Uttar Pradesh |
| Kasturba Medical College (KMC), Mangalore | Karnataka |
| Kasturba Medical College (KMC), Manipal | Karnataka |
| Management Development Institute (MDI), Gurgaon | Haryana |
| Management Development Institute (MDI), Murshidabad | West Bengal |
| Manipal Institute of Technology (MIT), Manipal | Karnataka |
| National Institute of Industrial Engineering (NITIE), Mumbai | Maharashtra |
| Nirma Institute of Management, Ahmedabad | Gujarat |
| S P Jain Institute of Management and Research (SPJIMR), Mumbai | Maharashtra |
| Shailesh J. Mehta School of Management (SJMSOM), IIT Mumbai | Maharashtra |
| Symbiosis Centre For Management & HRD (SCMHRD), Pune | Maharashtra |
| Symbiosis Institute of Business Management (SIBM), Pune | Maharashtra |
| T. A. Pai Management Institute (TAPMI), Manipal | Karnataka |
| Xavier Institute of Management (XIM), XUB-Bhubaneswar | Odisha |
| Xavier School of Human Resource Management, Bhubaneswar | Odisha |
| Xavier School of Rural Management (XSRM), XUB-Bhubaneswar | Odisha |
List B- SBI Education Loan College List
| SBI Education Loan College List | State |
|---|---|
| Army College of Dental Sciences (ACDS), Secunderabad | Telangana |
| Army College of Medical Sciences (ACMS), Delhi Cantt | Delhi |
| Army Institute of Law (AIL), Mohali | Punjab |
| Army Institute of Management (AIM), Kolkata | West Bengal |
| Army Institute of Technology (AIT), Pune | Maharashtra |
| Bharathidasan Institute of Management (BIM), Tiruchirapalli | Tamil Nadu |
| Birla Institute of Technology (BIT), Mesra, Ranchi | Jharkhand |
| College of Engineering, Pune | Maharashtra |
| Delhi College of Engineering (DCE), Delhi | Delhi |
| Dhirubhai Ambani Institute of Information & Communication Technology (DAIICT), Gandhinagar | Gujarat |
| Faculty of Engineering & Technology, Jadavpur University, Kolkata | West Bengal |
| Faculty of Management Studies (FMS), Delhi | Delhi |
| Goa Institute of Management (GIM), Goa | Goa |
| ICFAI Business School (IBS), Hyderabad | Telangana |
| International Institute of Information Technology (IIIT), Hyderabad | Telangana |
| Indian Institute of Science (IISc), Bangalore | Karnataka |
| Indraprastha Institute of Information Technology (IIIT), Delhi | Delhi |
| International Management Institute (IMI), Kolkata | West Bengal |
| International Management Institute (IMI), New Delhi | Delhi |
| International Management Institute (IMI), Bhubaneswar | Odisha |
| Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai | Maharashtra |
| Kalinga Institute of Medical Science (KIMS), Bhubaneswar | Odisha |
| Kirloskar Institute of Advanced Management Studies (KIAMS), Bangalore | Karnataka |
| Marine Engineering & Research Institute, Kolkata | West Bengal |
| Manipal School of Architecture and Faculty of Architecture | Karnataka |
| Manipal College of Dental Sciences | Karnataka |
| Mudra Institute of Communication (MICA), Ahmedabad | Gujarat |
| National Institute of Bank Management (NIBM), Pune | Maharashtra |
| Narsee Monjee Institute of Management Studies (NMIMS), Mumbai | Maharashtra |
| National Institute of Technology (NIT), Surathkal | Karnataka |
| National Institute of Technology (NIT), Tiruchirapalli | Tamil Nadu |
| National Law School of India University (NLSIU), Bangalore | Karnataka |
| National Law University (NLU), Jodhpur | Rajasthan |
| Prin. L. N. Welingkar Institute of Management, Development & Research (WeSchool), Mumbai | Maharashtra |
| Thapar University, Patiala | Punjab |
| Visvesvaraya National Institute of Technology (VNIT), Nagpur | Maharashtra |
List C- SBI Education Loan College List
| SBI Education Loan College List | State |
|---|---|
| Centre for Environmental Planning & Technology (CEPT), Ahmedabad | Gujarat |
| Chandragupt Institute of Management, Patna | Bihar |
| Dr B R Ambedkar National Institute of Technology (NIT), Jalandhar | Punjab |
| Indian Institute of Forest Management (IIFM), Bhopal | Madhya Pradesh |
| Indian Institute of Petroleum and Energy (IIPE), Visakhapatnam | Andhra Pradesh |
| Kalinga Institute of Industrial Technology (KIIT) University School of Management (SOM) | Odisha |
| Kalinga Institute of Industrial Technology (KIIT) University School of Technology (SOT) | Odisha |
| L N Mittal Institute of Information & Technology (LNMIIT), Jaipur | Rajasthan |
| Loyola Institute of Business Administration (LIBA), Chennai | Tamil Nadu |
| Maharishi Markandeshwar University (MMU) Medical College, Haryana | Haryana |
| Malaviya National Institute of Technology (NIT), Jaipur | Rajasthan |
| Maulana Azad National Institute of Technology (NIT), Bhopal | Madhya Pradesh |
| MIT-World Peace University (MIT-WPU), Pune | Maharashtra |
| NIT Motilal Nehru National Institute of Technology, Allahabad | Uttar Pradesh |
| M S Ramaiah Institute of Technology (MSR-IT), Bengaluru | Karnataka |
| M S Ramaiah Medical College (MSR-MC), Bengaluru | Karnataka |
| M S Ramaiah Institute of Management (MSR-IM), Bengaluru | Karnataka |
| National Institute of Construction Management & Research (NICMAR), Pune | Maharashtra |
| National Institute of Food Technology Entrepreneurship and Management (NIFTEM), Sonepat | Haryana |
| National Institute of Technology (NIT), Agartala | Tripura |
| National Institute of Technology (NIT), Arunachal Pradesh | Arunachal Pradesh |
| National Institute of Technology (NIT), Calicut | Kerala |
| National Institute of Technology (NIT), Delhi | Delhi |
| National Institute of Technology (NIT), Durgapur | West Bengal |
| National Institute of Technology (NIT), Goa | Goa |
| National Institute of Technology (NIT), Hamirpur | Himachal Pradesh |
| National Institute of Technology (NIT), Jamshedpur | Jharkhand |
| National Institute of Technology (NIT), Kurukshetra | Haryana |
| National Institute of Technology (NIT), Manipur | Manipur |
| National Institute of Technology (NIT), Meghalaya | Meghalaya |
| National Institute of Technology (NIT), Mizoram | Mizoram |
| National Institute of Technology (NIT), Nagaland | Nagaland |
| National Institute of Technology (NIT), Patna | Bihar |
| National Institute of Technology (NIT), Puducherry | Pondicherry |
| National Institute of Technology (NIT), Raipur | Chattisgarh |
| National Institute of Technology (NIT), Rourkela | Odisha |
| National Institute of Technology (NIT), Sikkim | Sikkim |
| National Institute of Technology (NIT), Silchar | Assam |
| National Institute of Technology (NIT), Srinagar | Jammu and Kashmir |
| National Institute of Technology (NIT), Tadepalligudem | Andhra Pradesh |
| National Institute of Technology (NIT), Uttarakhand | Uttarakhand |
| National Institute of Technology (NIT), Warangal | Telangana |
| National University of Juridical Sciences (NUJS), Kolkata | West Bengal |
| Netaji Subhas Institute Of Technology (NSIT), Delhi | Delhi |
| Sardar VallabhBhai National Institute of Technology (NIT), Surat | Gujarat |
| School of Planning & Architecture, New Delhi | Delhi |
| Symbiosis Institute of Management Studies (SIMS), Pune | Maharashtra |
| Symbiosis Institute of Telecom Management (SITM), Pune | Maharashtra |
| Symbiosis Institute of International Business (SIIB), Pune | Maharashtra |
| Symbiosis School of Banking and Finance, Pune | Maharashtra |
| University College of Engineering (UCE), Odisha | Odisha |
| Xavier Center For Urban Management and Governance (XUMG) (MBA-UMG) | Odisha |
| Xavier School of Commerce (XSC) | Odisha |
| Xavier School of Sustainability (XSOS) | Odisha |
Get upto 100% Education Fees Financed with Propelld. Simplified Processing Dedicated Support.
Other SBI Education Loan Schemes
If your dream college is not mentioned in the SBI Education Loan College list, don't worry! While the SBI Scholar loan applies exclusively to premier educational institutions in India, you can consider other education loan plans by SBI to pursue education from abroad.
If you are looking for an SBI education loan college list abroad, or colleges within India not mentioned in the SBI Education Loan College list, you must be eyeing these education loans:
- SBI Global Ed-Vantage Scheme
- SBI Student Education Loan
These loans apply to any recognised institution within India not mentioned in the SBI Education Loan College list or abroad universities. Here is a list of courses covered under each loan scheme:
| SBI Education Loan Name | Courses Covered |
|---|---|
| SBI Student Education Loan |
Studies in India
|
| SBI Global Ed-Vantage Scheme | Regular Post Graduate/Graduate/Doctorate Courses offered in any discipline by foreign Institutes/Universities in the USA, Canada, UK, Australia, Europe, Singapore, Hong Kong, Japan, and New Zealand. |
No matter which scheme you choose, the Education Loan Moratorium Period plays a major role in determining how soon you'll begin repaying your SBI loan.
Also Read: SBI Education Loan for Abroad 2026: Interest Rates and How to Apply
How to Apply for an SBI Education Loan
You can apply for an SBI's education loan schemes in person or online to financially assist your education and get into any institution mentioned in the SBI Education Loan College List.
Offline:
- Step 1: Reach your nearest SBI branch with the required documents.
- Step 2: Submit the completed application form which you will get there.
Online
- Step 1: Visit the SBI's official website.
- Step 2: Click on 'Education loan'.
- Step 3: Select your preferred education loan.
- Step 4: Click on 'Apply Now'.
- Step 5: A representative from SBI bank will contact you.
Looking forward to becoming a doctor? You can get an SBI Education loan for MBBS! Read this blog to know more.
Minimal Documentation. Higher Chances of Approval. Easy Online Processes. Check Your Eligibility.
Documents Required For SBI Education Loan
Now that you have the SBI Education loan college list as well as instructions on how to apply, let's take a look at the documents required:
| Category | Documents Required |
|---|---|
| For Students |
|
| For Co-Applicants or Guarantors |
|
| Additional Documents (if applicable) |
|
Banks and NBFCs Providing Education Loan: A Comparison
| Feature | Bank of Baroda | State Bank of India | Punjab National Bank | Axis Bank | Bank of India | Propelld |
|---|---|---|---|---|---|---|
| Applicable Rate of Interest | Depending on the institution, it ranges from MCLR+ 0.75% to 10.05% |
|
|
Not specified | 8.35 - 11.05% | 12% pa onwards |
| Max Loan with Collateral | INR 40 Lacs |
|
7.50 Lacs to 15 Lacs | 10 Lacs |
|
|
| Max loan without collateral | INR 80 Lacs |
|
7.50 Lacs to 15 Lacs | 10 Lacs | INR 7.5 Lacs | 50 Lacs |
| Processing Fee | Nil | Up to INR 4 Lakhs: No Above INR 4 Lakhs: INR 5,000 |
Nil | Nil | No Margin up to 4 Lacs | 1-3% of the loan amount |
| Repayment Period |
|
15 years | 15 years | 7 Years | 15 Years | 15 Years |
| Margin | Nil | Scholar Loan Scheme: Nil | 5% (above 4 Lacs) |
|
Nil up to 4 Lacs | 1st year- 20% Margin Other years- Nil |
| Loan Security |
|
|
Co-obligation of parents/guardians as joint co-borrowers | Third-party guarantee Collateral security Assignment of LIC policy (100% of the loan amount) Assignment of future salaries |
Collateral required for loans above 7.5 Lacs | Collateral not required |
| Processing Time | N.A | 20 days | 15 Days | 14 Days | 15- 20 days | 10 times faster than Banks |
When comparing education loans from banks and NBFCs, reviewing the Education Loan Eligibility and Application Process can help you understand which lenders offer easier approvals.
Get a no collateral Education Loan
Interested in getting an education loan to fund your education?
Getting an education loan as a student might be overwhelming. There is so much paperwork, and the process is filled with low approval rates, adding to the hassle.
Propelld solves this problem by offering an education loan exclusively designed for students. Propelld Education loans have a 100% digital process with higher approval rates.
Why Propelld?
There are several other benefits of opting for a Propelld education loan. They are:
| Particulars | Details |
|---|---|
| Max Loan Amount | 50 Lakhs |
| Collateral | Not Required |
| Moratorium | Available |
| Processing Time | 10 Times Faster than Banks |
| Disbursal Time | 7 Days |
| Approval Rate | Higher than Other Banks |
| Special USP | Marks Based Approval |
| % Financed | 100% of Fees |
Apply for an Education Loan today!
Are you parent of a JEE/NEET aspirant?
Join the group and get latest updates, expert advice on counselling and college selection. Completely FREE!
