SBI's Overseas Education Loan For Regular Foreign Courses Explained Here

State Bank of India (SBI) offers loan for studying overseas under its 'Global Ed-Vantage loan' scheme, informed country's largest lender on its twitter handle. SBI's global education vantage is an overseas education loan exclusively for those who wish to pursue full time regular courses at foreign colleges or universities.  According to SBI, one can avail a loan up to Rs 1.5 crore under 'Global Ed-Vantage' scheme. The repayment can be done through EMI (Equated Monthly Installments) up to 15 years, said SBI, which also offers personal loans, on its official portal. (Also read: SBI's Loans Against Property: Interest Rates, Processing Charges And Other Details)