Mysore Bank Student Loans

State Bank of Mysore was set up as Bank of Mysore Ltd in 1913, under the patronage of the then Government of Mysore. It became a unit of the State Bank of India in the year 1960. The education loan offered by the State Bank of Mysore is also known as the Gnanamitra Educational Loan. This student loan scheme was launched to meet the educational expenses of the meritorious students in India and abroad. Scroll down this page to learn more about student loans of Mysore Bank.
Eligible Courses
The various courses eligible for State Bank of Mysore education loan are undergraduate and postgraduate courses in areas of Engineering, Dental Science, Architecture, Medicine, Agriculture and Veterinary Science. Computer Certificate Courses are also eligible, if offered by reputed institutes approved by the department of electronics or certified by a university.
Quantum of Loan
The maximum amount of loan offered by the State Bank of Mysore for studies in India and abroad is Rs.10 lacs and Rs.20 lacs respectively. Candidates may even apply online for the State Bank of Mysore student loan.
There is a margin of 5% for loans above Rs.4 lacs in India. However, it is 15% for the same amount for studies abroad.
Repayment of State Bank of Mysore Education Loan
Candidates are given a time period of 60-84 months for the repayment of the education loan. Repayment commences either one year after the completion of the course or six months after one gets a job, whichever happens earlier.
Various kinds of securities are charged by the State Bank of Mysore for issuing the education loan.
For Education loans above Rs.4 lacs and up to Rs.7.50 lacs -collateral security
For a loan above Rs.7.50 lacs and up to Rs.10 lacs - collateral security, guarantee of third party or guarantee of guardians.
In order to learn more about student loans of Mysore Bank browse through

About The :

CareerBix Provides All Career Information About Education,courses,Latest Govt Jobs,Private Jobs. Employment News,Exam Results For careers365days.
View All Posts By CareerBix !


  1. Wisconsin Mortgage Corporation has been providing quality home loans across Wisconsin.Meet our loan officers. Please choose the loan officer that you were referred to view their personal page and apply online.Wisconsin First time home buyerEach loan officer's page includes the following services.

  2. Hey my self anirudh and let me give a short intro about the company i am working with offers loans and financial services across india

  3. A Home Loan is a loan secured on your home. You can unlock the value tied up in your property with a secured Home loan.
    guarantor loans

  4. Generally, this form is simply categorized and demands for your personal and employment details. Once, this procedure is completed, you just have to sit back and relax as everything else will be performed by the executives of the finance company. green circle loans

  5. A Secured Loan Lender would then follow as they are the 2nd charge. It is worth remembering that a Mortgage and Secured Loan Company would only ever repossess a property as a last

  6. Please let me know if you’re looking for a article writer for your site. You have some really great posts and I feel I would be a good asset. If you ever want to take some of the load off, I’d absolutely love to write some material for your blog in exchange for a link back to mine. Please send me an email if interested. Thank you!
    Unemployed Loans

  7. The author has so wonderfully enthralled the consideration of group of onlookers by this radiant blog.
    Kucoin review

  8. I have read your blog it is very helpful for me. I want to say thanks to you. I have bookmark your site for future updates. no job verification payday loans


All Rights Reserved. 2015 Copyright

Powered By Blogger | | Published By AdsGoose Designed By : BloggerMotion