Here's All You Need To Know About SBI Education Loan Disbursement Process

The SBI education loan disbursement process is completely online and is processed in 24-48 hours, subject to the terms and conditions. 

- Application and Documentation  - Documents Verification - Loan Sanction  - Loan Disbursal

The major steps involved in the SBI education loan disbursement process are-

The first step is to fill out the application form and attach all the documents as required. 

Application and Documents Submission

The submitted documents are then verified which takes around 7-10 days. Based on these, the loan amount, interest rates and other conditions are determined. 

Documents Verification 

On successful verification, the bank will issue a loan sanction letter which includes all the terms and conditions of education loan. 

Loan Sanction 

The SBI education loan disbursement process usually takes 24-48 hours after the applicant confirms the date and mode of disbursement. 

Loan Disbursal

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