Families with property who want one of the lowest rates in the market
Families with property who want one of the lowest rates in the market
Public sector bank · 🇺🇸 USA
SBI Education Loan for the USA
How State Bank of India (SBI)'s education loan works for Indian students heading to the USA — limits, collateral, rates and what a typical USA loan costs to repay.
- Above ₹7.5 lakh up to ₹3 crore under Global Ed-Vantage
- Indicative ≈ 8.5%–10% a year for secured loans in 2026
- Example: ₹79 lakh for USA
- We compare 2–3 lenders
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Quick answer
Is SBI a good choice for an education loan for the USA?
Low secured rates and very high limits, but slower and collateral-heavy. SBI lends for the USA: above ₹7.5 lakh up to ₹3 crore under Global Ed-Vantage, as published on SBI's scheme page. A typical USA master's on our data (UF, ₹91 lakh – ₹1.06 crore) needs about ₹79 lakh; at 10.5% over 10 years the EMI is about ₹1,06,599 a month.
Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans admissions & finance desk
Official sources: SBI Global Ed-Vantage scheme
SBI for the USA
- Loan amount
- Above ₹7.5 lakh up to ₹3 crore under Global Ed-Vantage, as published on SBI's scheme page
- Without collateral
- Collateral-free up to ₹50 lakh for select premier institutions on SBI's list; otherwise tangible collateral is required
- Collateral
- Residential or commercial property, fixed deposits and other tangible security acceptable to the bank, generally covering the full loan
- Co-applicant
- Parent, guardian or spouse as joint borrower
- Interest rate
- Indicative ≈ 8.5%–10% a year for secured loans in 2026 (floating); check SBI's current card rate
- Repayment
- EMIs over up to 15 years, starting after the course plus the moratorium
- Processing
- Typically 2–4 weeks once documents and property valuation are complete
Official terms
What SBI publishes
Quoted from SBI's own website, checked on 9 November 2026. Lenders revise these often; your sanction letter is final.
Official source: SBI Global Ed-Vantage scheme — rules change; always confirm current requirements.
Repayment
EMI on a ₹79 lakh loan for the USA
Fit
When SBI suits a USA plan
Large loans for expensive degrees
Large loans for expensive degrees (US, UK, Australia)
Admits at universities on SBI's premier list for collateral-free amounts
Admits at universities on SBI's premier list for collateral-free amounts
Watch out
Property valuation and legal checks add time — start early
- Get the sanction letter before applying for the F-1 student visa
- Make sure the sanction covers the funds the visa requires
- Tuition is paid to the university; living costs to your account
- Keep the disbursement schedule aligned with your intake
FAQs
Frequently asked questions
Still have a question?
Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).
Above ₹7.5 lakh up to ₹3 crore under Global Ed-Vantage, as published on SBI's scheme page
Collateral-free up to ₹50 lakh for select premier institutions on SBI's list; otherwise tangible collateral is required
Indicative ≈ 8.5%–10% a year for secured loans in 2026 (floating); check SBI's current card rate. Floating, linked to SBI's external benchmark / repo-linked lending rate.
Explore
Keep exploring
Lenders
Other lenders for the USA
- Bank of Baroda education loan for the USA
- PNB education loan for the USA
- Canara Bank education loan for the USA
- Union Bank education loan for the USA
- Bank of India education loan for the USA
- HDFC Bank education loan for the USA
- ICICI Bank education loan for the USA
- Axis Bank education loan for the USA
- IDFC FIRST education loan for the USA
- Credila education loan for the USA
- Avanse education loan for the USA
- Auxilo education loan for the USA
- InCred education loan for the USA
- Tata Capital education loan for the USA
- Prodigy Finance education loan for the USA
- MPOWER education loan for the USA
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