{"id":13469,"date":"2024-06-28T14:39:56","date_gmt":"2024-06-28T09:09:56","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=13469"},"modified":"2024-08-28T16:40:19","modified_gmt":"2024-08-28T11:10:19","slug":"saraswat-bank-personal-loan-for-education","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/","title":{"rendered":"Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply"},"content":{"rendered":"\n<p>Saraswat Bank is a popular cooperative bank in India that offers instant and easy personal loans for education and other purposes. Borrowers can avail of these loans at the lowest interest rates. Saraswat Bank personal loan for education requires minimal documentation. To know more about the maximum loan amount, interest rates, and eligibility, continue reading this blog.<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2 id=\"table-of-contents\">Table of contents<\/h2><ul><li><a href=\"#h-overview-of-saraswat-bank-personal-loan-for-education\" data-level=\"2\">Overview of Saraswat Bank Personal Loan for Education<\/a><\/li><li><a href=\"#h-saraswat-bank-personal-loan-interest-rates\" data-level=\"2\">Saraswat Bank Personal Loan Interest Rates<\/a><\/li><li><a href=\"#h-saraswat-bank-personal-loan-eligibility-criteria\" data-level=\"2\">Saraswat Bank Personal Loan Eligibility Criteria<\/a><ul><li><a href=\"#h-income-criteria\" data-level=\"3\">Income Criteria<\/a><\/li><li><a href=\"#h-security\" data-level=\"3\">Security<\/a><\/li><\/ul><\/li><li><a href=\"#h-documents-required\" data-level=\"2\">Documents Required<\/a><\/li><li><a href=\"#h-how-to-apply\" data-level=\"2\">How to Apply?<\/a><\/li><li><a href=\"#h-faqs\" data-level=\"2\">FAQs<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-overview-of-saraswat-bank-personal-loan-for-education\"><span id=\"overview-of-saraswat-bank-personal-loan-for-education\">Overview of Saraswat Bank Personal Loan for Education<\/span><\/h2>\n\n\n\n<p>Saraswat Bank provides unsecured loans for education up to INR 5 lakhs at interest rates ranging from 12% p.a to 18% p.a. Applicants should meet the income eligibility to avail of these loans. Besides, the CIBIL score of the applicant is given due importance. The maximum repayment period is up to 60 months with minimal documentation.<\/p>\n\n\n\n<p>Applicants must take out an&nbsp;<a href=\"https:\/\/fly.finance\/blog\/education-loan\/faqs-on-education-loan-insurance\/\"><strong>education loan insurance<\/strong><\/a>&nbsp;policy that covers them in case of a serious accident or death. This would help ensure the loan gets paid off even if you can&#8217;t work or are no longer around.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td colspan=\"2\"><strong>Saraswat Bank Personal Loan for Education<\/strong><\/td><\/tr><tr><td>Maximum Loan Amount<\/td><td>Up to INR 5 lakhs<\/td><\/tr><tr><td>Interest Rates<\/td><td>12% p.a to 18% p.a<\/td><\/tr><tr><td>Repayment Period<\/td><td>Maximum 60 months (5 years)<\/td><\/tr><tr><td>Security<\/td><td>Required<\/td><\/tr><tr><td>Processing Fees<\/td><td>INR 2,500 irrespective of the loan amount<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Know all about&nbsp;<\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-against-fixed-deposit\/\"><strong>education loans against fixed deposits<\/strong><\/a><strong>. Check out the pros and cons, the top banks and how to apply.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-saraswat-bank-personal-loan-interest-rates\"><span id=\"saraswat-bank-personal-loan-interest-rates\">Saraswat Bank Personal Loan Interest Rates<\/span><\/h2>\n\n\n\n<p><a href=\"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-education-loan\/\"><strong>Saraswat Bank education loans<\/strong><\/a>&nbsp;can be availed at competitive and attractive interest rates. The Saraswat Bank interest rates on personal loans for education range from 12% p.a to 18% p.a. The rate of interest varies on the CIBIL score of the applicant.<\/p>\n\n\n\n<p>Ideally, a CIBIL score of 750 and above should be there to avail the lowest interest rates on Sarawat Bank personal loans for education. Therefore, it is important to&nbsp;<a href=\"https:\/\/fly.finance\/blog\/student-account\/how-to-increase-cibil-score\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>increase your credit score<\/strong><\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-saraswat-bank-personal-loan-eligibility-criteria\"><span id=\"saraswat-bank-personal-loan-eligibility-criteria\">Saraswat Bank Personal Loan Eligibility Criteria<\/span><\/h2>\n\n\n\n<p>Two basic criteria must be fulfilled to avail of a Sarawast Bank personal loan for education. The first requirement is that the applicant should fulfil the income eligibility. Secondly, the borrower must also show proof of the security. Check them out below-<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-income-criteria\"><span id=\"income-criteria\">Income Criteria<\/span><\/h3>\n\n\n\n<p>For&nbsp;<em>salaried employees<\/em>, the minimum income must be up to INR 20,000 per month for loans up to INR 2 lakhs and up to INR 25,000 per month for loans up to INR 5 lakhs.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Loans Amount<\/strong><\/td><td><strong>Income for Metro\/ Urban Cities<\/strong><\/td><td><strong>Income for Semi-urban\/ Rural Cities<\/strong><\/td><\/tr><tr><td>Loans up to INR 2 lakhs<\/td><td>INR 20,000 per month<\/td><td>INR 15,000 per month<\/td><\/tr><tr><td>Loans up to INR 5 lakhs<\/td><td>INR 25,000 per month<\/td><td>INR 20,000 per month<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>For&nbsp;<em>businessmen<\/em>, they should have a minimum of 1 year of experience in business. Besides, they are required to show IT returns of the last 1 year reflecting gross cash accruals of INR 1.5 lakhs p.a.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-security\"><span id=\"security\">Security<\/span><\/h3>\n\n\n\n<p>To qualify for the loan, you must show them proof that you can repay it. Saraswat Bank offers two options:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><em>Automatic Payments from your Salary or Business Account (ECS\/SI)<\/em>: A set amount of money will be automatically deducted from your chosen account each month to cover your loan payment.<\/li>\n\n\n\n<li><em>Pledge Valuables (Hypothecation)<\/em>: You can use valuable household items you own (furniture, electronics) as collateral for the loan. The bank won&#8217;t possess these items unless you fail to repay the loan.<\/li>\n<\/ol>\n\n\n\n<p>Saraswat Bank wants some assurance that you&#8217;ll be able to make your loan payments. These options allow them to recover the loan amount if necessary.<\/p>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Planning to pursue online courses? Check out the best banks, eligibility criteria, and documentation for&nbsp;<\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-online-degree\/\"><strong>education loans for online degree courses<\/strong><\/a><strong>.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-documents-required\"><span id=\"documents-required\">Documents Required<\/span><\/h2>\n\n\n\n<p>To avail of personal loans for education for Saraswat Bank, the borrower needs to submit some documents. This relates to&nbsp;<a href=\"https:\/\/fly.finance\/blog\/full-form\/full-form-of-kyc\/\"><strong>KYC documents<\/strong><\/a>&nbsp;for identification, academics, and financial statements. Check the list of documents required below-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The official loan application form<\/li>\n\n\n\n<li>Recent passport-size photographs<\/li>\n\n\n\n<li>ID proofs like Aadhaar Card and PAN card<\/li>\n\n\n\n<li>Latest three months salary slips and bank statements for salaried employees<\/li>\n\n\n\n<li>ITR statements for the last three years for self-employed and the last three months&#8217; bank statements<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-apply\"><span id=\"how-to-apply\">How to Apply?<\/span><\/h2>\n\n\n\n<p>Applying for Saraswat Bank personal loan for education is a straightforward process. You can head to their official website and easily apply for the loan. To apply and successfully submit your education loan application, follow these steps-<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Click on \u2018Retail Loans\u2019 under the \u2018Personal\u2019 category on the menu bar.<\/li>\n\n\n\n<li>Navigate to \u2018Personal Loans\u2019.<\/li>\n\n\n\n<li>Scroll to the bottom and click on \u2018Apply Now\u2019.<\/li>\n\n\n\n<li>Fill in the required details and click on \u2018Submit\u2019.<\/li>\n\n\n\n<li>Wait for a call back from a bank representative and let them know your requirements.<\/li>\n<\/ul>\n\n\n\n<p>This was all about Saraswat Bank&#8217;s personal loan for education. They have a dedicated education loan scheme too, that provides loans up to INR 1.5 crores to study abroad. However, to avail of smaller loan amounts, it is ideal to take a personal loan for education from Saraswat Bank. You can also compare&nbsp;<a href=\"https:\/\/fly.finance\/blog\/education-loan\/hdfc-education-loan-vs-saraswat-bank-education-loan\/\"><strong>HDFC Bank education loans and Saraswat Bank education loans<\/strong><\/a>.<\/p>\n\n\n\n<p>To know more about&nbsp;<a href=\"https:\/\/fly.finance\/blog\/education-loan\/\"><strong>education loans<\/strong><\/a>, the best&nbsp;<a href=\"https:\/\/fly.finance\/blog\/student-account\/\"><strong>bank accounts for students<\/strong><\/a>,&nbsp;<a href=\"https:\/\/fly.finance\/blog\/money-transfer\/forex-card\/\"><strong>forex cards<\/strong><\/a>, and banking experience for global students or&nbsp;<a href=\"https:\/\/fly.finance\/blog\/money-transfer\/\"><strong>international money transfers<\/strong><\/a>, reach out to our experts at 1800572126 to help ease your study abroad experience<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span id=\"faqs\">FAQs<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1719565081525\"><strong class=\"schema-faq-question\"><strong>What is Saraswat Bank personal loan for education?<\/strong><\/strong> <p class=\"schema-faq-answer\">Saraswat Bank offered personal loans for education besides their dedicated education loan scheme. You can avail loans up to INR 5 lakhs at the lowest interest rates for a maximum of 5 years.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1719565094715\"><strong class=\"schema-faq-question\"><strong>What is the maximum loan amount for Saraswat Bank personal loan for education?<\/strong><\/strong> <p class=\"schema-faq-answer\">A maximum loan of up to INR 5 lakhs is offered to avail of personal loans for education from Saraswat Bank.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1719565103783\"><strong class=\"schema-faq-question\"><strong>What is the Saraswat Bank education loan interest rate?<\/strong><\/strong> <p class=\"schema-faq-answer\">Sawaswat Bank education loan interest rates start from 9% p.a onwards. However, if you take a personal loan for education from Saraswat Bank, interest rates range from 12% p.a to 18% p.a, depending on the CIBIL score.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1719565114042\"><strong class=\"schema-faq-question\"><strong>Do I have to submit collateral to take Saraswat Bank personal loan for education?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes. To qualify for the loan, you must show them proof that you can repay it. You can use valuable household items you own (furniture, electronics) as collateral for the loan. The bank won&#8217;t possess these items unless you fail to repay the loan.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1719565128269\"><strong class=\"schema-faq-question\"><strong>What are the benefits of taking Saraswat Bank personal loans for education?<\/strong><\/strong> <p class=\"schema-faq-answer\">Saraswat Bank offers instant and easy personal loans for education and other purposes. Borrowers can avail of these loans at the lowest interest rates with minimal documentation.<\/p> <\/div> <\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-pale-ocean-gradient-background has-background\"><tbody><tr><td colspan=\"2\"><strong>Related Blogs<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/au-small-finance-bank-education-loan\/\"><strong>AU Small Finance Bank Education Loan<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/yono-sbi-education-loan\/\"><strong>YONO SBI Education Loan<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/hdfc-bank-education-loan\/\"><strong>HDFC Bank Education Loan to Study Abroad<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/yes-bank-education-loan-without-collateral\/\"><strong>Yes Bank Education Loans without Collateral<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/union-bank-education-loan-processing-time\/\"><strong>Union Bank Education Loan Processing Time<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/yes-bank-education-loan-top-up\/\"><strong>Yes Bank Education Loan Top-up<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/baroda-yoddha-education-loan\/\"><strong>Baroda Yoddha Education Loan for Wards of Defence Personnel<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/yes-bank-education-loan-to-study-abroad\/\"><strong>YES Bank Education Loan to Study Abroad<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/karnataka-bank-education-loan\/\"><strong>Karnataka Bank Education Loan to Study Abroad<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/student-account\/reserve-bank-of-australia\/\"><strong>Why Should International Students Open an Account in the Reserve Bank of Australia?<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Follow Us on Social Media <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-social-links is-layout-flex wp-block-social-links-is-layout-flex\"><li class=\"wp-social-link wp-social-link-instagram  wp-block-social-link\"><a href=\"https:\/\/instagram.com\/flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12,4.622c2.403,0,2.688,0.009,3.637,0.052c0.877,0.04,1.354,0.187,1.671,0.31c0.42,0.163,0.72,0.358,1.035,0.673 c0.315,0.315,0.51,0.615,0.673,1.035c0.123,0.317,0.27,0.794,0.31,1.671c0.043,0.949,0.052,1.234,0.052,3.637 s-0.009,2.688-0.052,3.637c-0.04,0.877-0.187,1.354-0.31,1.671c-0.163,0.42-0.358,0.72-0.673,1.035 c-0.315,0.315-0.615,0.51-1.035,0.673c-0.317,0.123-0.794,0.27-1.671,0.31c-0.949,0.043-1.233,0.052-3.637,0.052 s-2.688-0.009-3.637-0.052c-0.877-0.04-1.354-0.187-1.671-0.31c-0.42-0.163-0.72-0.358-1.035-0.673 c-0.315-0.315-0.51-0.615-0.673-1.035c-0.123-0.317-0.27-0.794-0.31-1.671C4.631,14.688,4.622,14.403,4.622,12 s0.009-2.688,0.052-3.637c0.04-0.877,0.187-1.354,0.31-1.671c0.163-0.42,0.358-0.72,0.673-1.035 c0.315-0.315,0.615-0.51,1.035-0.673c0.317-0.123,0.794-0.27,1.671-0.31C9.312,4.631,9.597,4.622,12,4.622 M12,3 C9.556,3,9.249,3.01,8.289,3.054C7.331,3.098,6.677,3.25,6.105,3.472C5.513,3.702,5.011,4.01,4.511,4.511 c-0.5,0.5-0.808,1.002-1.038,1.594C3.25,6.677,3.098,7.331,3.054,8.289C3.01,9.249,3,9.556,3,12c0,2.444,0.01,2.751,0.054,3.711 c0.044,0.958,0.196,1.612,0.418,2.185c0.23,0.592,0.538,1.094,1.038,1.594c0.5,0.5,1.002,0.808,1.594,1.038 c0.572,0.222,1.227,0.375,2.185,0.418C9.249,20.99,9.556,21,12,21s2.751-0.01,3.711-0.054c0.958-0.044,1.612-0.196,2.185-0.418 c0.592-0.23,1.094-0.538,1.594-1.038c0.5-0.5,0.808-1.002,1.038-1.594c0.222-0.572,0.375-1.227,0.418-2.185 C20.99,14.751,21,14.444,21,12s-0.01-2.751-0.054-3.711c-0.044-0.958-0.196-1.612-0.418-2.185c-0.23-0.592-0.538-1.094-1.038-1.594 c-0.5-0.5-1.002-0.808-1.594-1.038c-0.572-0.222-1.227-0.375-2.185-0.418C14.751,3.01,14.444,3,12,3L12,3z M12,7.378 c-2.552,0-4.622,2.069-4.622,4.622S9.448,16.622,12,16.622s4.622-2.069,4.622-4.622S14.552,7.378,12,7.378z M12,15 c-1.657,0-3-1.343-3-3s1.343-3,3-3s3,1.343,3,3S13.657,15,12,15z M16.804,6.116c-0.596,0-1.08,0.484-1.08,1.08 s0.484,1.08,1.08,1.08c0.596,0,1.08-0.484,1.08-1.08S17.401,6.116,16.804,6.116z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Instagram<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-linkedin  wp-block-social-link\"><a href=\"https:\/\/www.linkedin.com\/company\/flyfinance\/\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M19.7,3H4.3C3.582,3,3,3.582,3,4.3v15.4C3,20.418,3.582,21,4.3,21h15.4c0.718,0,1.3-0.582,1.3-1.3V4.3 C21,3.582,20.418,3,19.7,3z M8.339,18.338H5.667v-8.59h2.672V18.338z M7.004,8.574c-0.857,0-1.549-0.694-1.549-1.548 c0-0.855,0.691-1.548,1.549-1.548c0.854,0,1.547,0.694,1.547,1.548C8.551,7.881,7.858,8.574,7.004,8.574z M18.339,18.338h-2.669 v-4.177c0-0.996-0.017-2.278-1.387-2.278c-1.389,0-1.601,1.086-1.601,2.206v4.249h-2.667v-8.59h2.559v1.174h0.037 c0.356-0.675,1.227-1.387,2.526-1.387c2.703,0,3.203,1.779,3.203,4.092V18.338z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">LinkedIn<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-twitter  wp-block-social-link\"><a href=\"https:\/\/twitter.com\/flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M22.23,5.924c-0.736,0.326-1.527,0.547-2.357,0.646c0.847-0.508,1.498-1.312,1.804-2.27 c-0.793,0.47-1.671,0.812-2.606,0.996C18.324,4.498,17.257,4,16.077,4c-2.266,0-4.103,1.837-4.103,4.103 c0,0.322,0.036,0.635,0.106,0.935C8.67,8.867,5.647,7.234,3.623,4.751C3.27,5.357,3.067,6.062,3.067,6.814 c0,1.424,0.724,2.679,1.825,3.415c-0.673-0.021-1.305-0.206-1.859-0.513c0,0.017,0,0.034,0,0.052c0,1.988,1.414,3.647,3.292,4.023 c-0.344,0.094-0.707,0.144-1.081,0.144c-0.264,0-0.521-0.026-0.772-0.074c0.522,1.63,2.038,2.816,3.833,2.85 c-1.404,1.1-3.174,1.756-5.096,1.756c-0.331,0-0.658-0.019-0.979-0.057c1.816,1.164,3.973,1.843,6.29,1.843 c7.547,0,11.675-6.252,11.675-11.675c0-0.178-0.004-0.355-0.012-0.531C20.985,7.47,21.68,6.747,22.23,5.924z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Twitter<\/span><\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Saraswat Bank is a popular cooperative bank in India that offers instant and easy personal loans for education and other purposes. Borrowers can avail of these loans at the lowest interest rates. Saraswat Bank personal loan for education requires minimal documentation. To know more about the maximum loan amount, interest rates, and eligibility, continue reading &#8230; <a title=\"Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/\" aria-label=\"Read more about Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply\">Read more<\/a><\/p>\n","protected":false},"author":29,"featured_media":13476,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-13469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply<\/title>\n<meta name=\"description\" content=\"Know all about Saraswat Bank personal loan for education. Check out the interest rates, eligibility, documentation, &amp; how to apply.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply\" \/>\n<meta property=\"og:description\" content=\"Know all about Saraswat Bank personal loan for education. Check out the interest rates, eligibility, documentation, &amp; how to apply.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/\" \/>\n<meta property=\"og:site_name\" content=\"Fly Finance\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/shubhika.garg\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-28T09:09:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-28T11:10:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flyblog.fly.finance\/uploads\/2024\/06\/Saraswat-Bank.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Shubhika Garg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shubhika Garg\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply","description":"Know all about Saraswat Bank personal loan for education. Check out the interest rates, eligibility, documentation, & how to apply.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/","og_locale":"en_US","og_type":"article","og_title":"Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply","og_description":"Know all about Saraswat Bank personal loan for education. Check out the interest rates, eligibility, documentation, & how to apply.","og_url":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/","og_site_name":"Fly Finance","article_author":"https:\/\/www.facebook.com\/shubhika.garg\/","article_published_time":"2024-06-28T09:09:56+00:00","article_modified_time":"2024-08-28T11:10:19+00:00","og_image":[{"width":1024,"height":640,"url":"https:\/\/flyblog.fly.finance\/uploads\/2024\/06\/Saraswat-Bank.webp","type":"image\/webp"}],"author":"Shubhika Garg","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Shubhika Garg","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#article","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/"},"author":{"name":"Shubhika Garg","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/1f13adc00f6f67e7ed5a2fb5e97bfec6"},"headline":"Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply","datePublished":"2024-06-28T09:09:56+00:00","dateModified":"2024-08-28T11:10:19+00:00","mainEntityOfPage":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/"},"wordCount":1198,"commentCount":0,"publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"image":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/06\/28143931\/Saraswat-Bank.webp","articleSection":["Education Loan"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#respond"]}],"accessibilityFeature":["tableOfContents"]},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/","url":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/","name":"Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#primaryimage"},"image":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/06\/28143931\/Saraswat-Bank.webp","datePublished":"2024-06-28T09:09:56+00:00","dateModified":"2024-08-28T11:10:19+00:00","description":"Know all about Saraswat Bank personal loan for education. Check out the interest rates, eligibility, documentation, & how to apply.","breadcrumb":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565081525"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565094715"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565103783"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565114042"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565128269"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#primaryimage","url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/06\/28143931\/Saraswat-Bank.webp","contentUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/06\/28143931\/Saraswat-Bank.webp","width":1024,"height":640,"caption":"Saraswat Bank Personal Loan"},{"@type":"BreadcrumbList","@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fly.finance\/blog\/"},{"@type":"ListItem","position":2,"name":"Education Loan","item":"https:\/\/fly.finance\/blog\/category\/education-loan\/"},{"@type":"ListItem","position":3,"name":"Saraswat Bank Personal Loan for Education: Interest, Eligibility, How to Apply"}]},{"@type":"WebSite","@id":"https:\/\/fly.finance\/blog\/#website","url":"https:\/\/fly.finance\/blog\/","name":"Fly Finance","description":"Explore blogs related to Education Loan, Student Bank Account, International Money Transfer, Scholarships along with latest news at Fly Finance.","publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fly.finance\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fly.finance\/blog\/#organization","name":"Fly Finance","url":"https:\/\/fly.finance\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","contentUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","width":1080,"height":1080,"caption":"Fly Finance"},"image":{"@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/1f13adc00f6f67e7ed5a2fb5e97bfec6","name":"Shubhika Garg","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/df0315e532cdf62ee7275a4a65914c25f90ec1b0b137b1bf0bbca958325909f8?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/df0315e532cdf62ee7275a4a65914c25f90ec1b0b137b1bf0bbca958325909f8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/df0315e532cdf62ee7275a4a65914c25f90ec1b0b137b1bf0bbca958325909f8?s=96&d=mm&r=g","caption":"Shubhika Garg"},"description":"Hey there! I'm Shubhika- a proud graduate in English Literature and Language from Delhi University. My journey as a content writer transitioned from online teacher into the world of words. Stepping into the domain of blogs and articles, I discovered my passion for writing growing deeper and stronger. Having said that, I have experience of writing for diverse industries in automobile, technology, ed-tech, finance and mental-health; crafting details to help you find the solution to what you are looking for. Join me as I invite you all explore and learn together.","sameAs":["https:\/\/www.facebook.com\/shubhika.garg\/","https:\/\/www.instagram.com\/shubhika.garg\/","https:\/\/www.linkedin.com\/in\/shubhikagarg71\/","https:\/\/www.tumblr.com\/blog\/shubhikahere"],"url":"https:\/\/fly.finance\/blog\/author\/shubhika\/"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565081525","position":1,"url":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565081525","name":"What is Saraswat Bank personal loan for education?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Saraswat Bank offered personal loans for education besides their dedicated education loan scheme. You can avail loans up to INR 5 lakhs at the lowest interest rates for a maximum of 5 years.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565094715","position":2,"url":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565094715","name":"What is the maximum loan amount for Saraswat Bank personal loan for education?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"A maximum loan of up to INR 5 lakhs is offered to avail of personal loans for education from Saraswat Bank.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565103783","position":3,"url":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565103783","name":"What is the Saraswat Bank education loan interest rate?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Sawaswat Bank education loan interest rates start from 9% p.a onwards. However, if you take a personal loan for education from Saraswat Bank, interest rates range from 12% p.a to 18% p.a, depending on the CIBIL score.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565114042","position":4,"url":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565114042","name":"Do I have to submit collateral to take Saraswat Bank personal loan for education?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes. To qualify for the loan, you must show them proof that you can repay it. You can use valuable household items you own (furniture, electronics) as collateral for the loan. The bank won't possess these items unless you fail to repay the loan.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565128269","position":5,"url":"https:\/\/fly.finance\/blog\/education-loan\/saraswat-bank-personal-loan-for-education\/#faq-question-1719565128269","name":"What are the benefits of taking Saraswat Bank personal loans for education?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Saraswat Bank offers instant and easy personal loans for education and other purposes. Borrowers can avail of these loans at the lowest interest rates with minimal documentation.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/13469","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=13469"}],"version-history":[{"count":2,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/13469\/revisions"}],"predecessor-version":[{"id":13477,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/13469\/revisions\/13477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/13476"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=13469"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=13469"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=13469"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}