{"id":15823,"date":"2025-03-11T18:05:21","date_gmt":"2025-03-11T12:35:21","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=15823"},"modified":"2025-03-11T18:19:21","modified_gmt":"2025-03-11T12:49:21","slug":"sbi-education-loan-repayment-plan","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/","title":{"rendered":"SBI Education Loan Repayment Plan: Learn How to Repay"},"content":{"rendered":"\n<p>Repaying an SBI education loan requires careful planning to ensure a hassle-free process. Understanding the SBI education loan repayment plan, including the moratorium period, EMI options, and repayment tenure, is essential for effective loan management. The SBI offers flexible repayment options, allowing borrowers to start repaying after completing their course. <\/p>\n\n\n\n<p>SBI education loan repayment strategies like making interest payments during the moratorium period and setting up auto-debit for EMIs can help reduce the financial burden. In this guide, we will explore the SBI education loan repayment plan, key terms and conditions, repayment strategies, and tips to manage your loan efficiently.<\/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-what-is-sbi-education-loan-repayment-plan\" data-level=\"2\">What is SBI Education Loan Repayment Plan?<\/a><ul><li><a href=\"#h-major-factors-of-sbi-education-loan-repayment-plan\" data-level=\"3\">Major Factors of SBI Education Loan Repayment Plan<\/a><\/li><\/ul><\/li><li><a href=\"#h-how-to-repay-sbi-education-loan\" data-level=\"2\">How to Repay SBI Education Loan?<\/a><ul><li><a href=\"#h-online-repayment-of-sbi-education-loan\" data-level=\"3\">Online Repayment of SBI Education Loan<\/a><\/li><li><a href=\"#h-repayment-via-sbi-yono-app\" data-level=\"3\">Repayment Via SBI YONO App<\/a><\/li><\/ul><\/li><li><a href=\"#h-modes-of-repaying-sbi-education-loan\" data-level=\"2\">Modes of Repaying SBI Education Loan<\/a><\/li><li><a href=\"#h-ways-to-reduce-sbi-education-loan-repayment-costs\" data-level=\"2\">Ways to Reduce SBI Education Loan Repayment Costs<\/a><\/li><li><a href=\"#h-faqs-sbi-education-loan-repayment-plan\" data-level=\"2\">FAQs SBI Education Loan Repayment Plan<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-sbi-education-loan-repayment-plan\"><span id=\"what-is-sbi-education-loan-repayment-plan\">What is SBI Education Loan Repayment Plan?<\/span><\/h2>\n\n\n\n<p>SBI education loan repayment plan begins after completing the course and the moratorium period. This means that the repayment starts one year after course completion or six months after securing a job, whichever is earlier.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td colspan=\"2\"><strong>SBI Education Loan Repayment Plan<\/strong><\/td><\/tr><tr><td>Repayment Tenure<\/td><td>15 years, or 180 EMIs<\/td><\/tr><tr><td>Moratorium Period<\/td><td>Course Duration + 12 months or 6 months after securing a job, whichever is earlier<\/td><\/tr><tr><td>Prepayment Penalty<\/td><td>NIL<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-major-factors-of-sbi-education-loan-repayment-plan\"><span id=\"major-factors-of-sbi-education-loan-repayment-plan\">Major Factors of SBI Education Loan Repayment Plan<\/span><\/h3>\n\n\n\n<p>The SBI Education Loan Repayment rules allows borrowers to repay their loans through Equated Monthly Installments (EMIs) over a maximum tenure of 15 years (180 EMIs). <\/p>\n\n\n\n<p><strong>When Does SBI Education Loan Repayment Begin?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For SBI Student Loan and <a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-scholar-loan\/\"><strong>SBI Scholar loan<\/strong><\/a>, repayment starts 12 months after course completion or 6 months after securing employment.<\/li>\n\n\n\n<li>For the <a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-global-ed-vantage-education-loan\/\"><strong>SBI Global Ed-vantage education loan<\/strong><\/a>, repayment begins 6 months after course completion.<\/li>\n<\/ul>\n\n\n\n<p><strong>How Interest Affects SBI Education Loan Repayment<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If you don\u2019t pay interest during the moratorium period, it gets added to the principal, leading to higher EMIs.<\/li>\n\n\n\n<li>If you pay the full interest before repayment starts, your EMI is calculated only on the principal, reducing your overall loan burden.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Check out the major <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-schemes\/\"><strong>SBI education loan schemes<\/strong><\/a><strong> to study abroad and in India. Learn about their features and eligibility criteria.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-repay-sbi-education-loan\"><span id=\"how-to-repay-sbi-education-loan\">How to Repay SBI Education Loan?<\/span><\/h2>\n\n\n\n<p>State Bank of India (SBI) offers a flexible SBI Education Loan Repayment rule, allowing students to repay their loans conveniently. With multiple repayment options, including online banking, the SBI YONO app, and automated payment modes like ECS and e-NACH, managing loan payments has never been easier. Here are the steps to follow-<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-online-repayment-of-sbi-education-loan\"><span id=\"online-repayment-of-sbi-education-loan\">Online Repayment of SBI Education Loan<\/span><\/h3>\n\n\n\n<p>SBI provides hassle-free online repayment options to ensure a smooth SBI Education Loan Repayment plan. Follow these steps to make payments through SBI Internet Banking:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Log in to your SBI internet banking account.<\/li>\n\n\n\n<li>Navigate to the \u2018Transfers\u2019 section.<\/li>\n\n\n\n<li>Select your education loan account.<\/li>\n\n\n\n<li>Enter the EMI amount.<\/li>\n\n\n\n<li>Choose the payment method and confirm your transaction.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-repayment-via-sbi-yono-app\"><span id=\"repayment-via-sbi-yono-app\">Repayment Via SBI YONO App<\/span><\/h3>\n\n\n\n<p>The SBI YONO app simplifies the SBI education loan repayment plan by allowing quick and secure payments.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Download the SBI YONO app and log in.<\/li>\n\n\n\n<li>Go to the \u2018Loans\u2019 section.<\/li>\n\n\n\n<li>Complete the payment process as guided in the app.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-modes-of-repaying-sbi-education-loan\"><span id=\"modes-of-repaying-sbi-education-loan\">Modes of Repaying SBI Education Loan<\/span><\/h2>\n\n\n\n<p>The SBI Education Loan Repayment Plan offers multiple repayment methods to suit different financial preferences. These include paying manually via cheques and post-dated cheques or setting up automatic payments via ECS and NACH modes. Let\u2019s find out the possible modes of repayment that let you make timely payments towards your SBI Education Loan-<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Modes of Repayment<\/strong><\/td><td><strong>Details<\/strong><\/td><\/tr><tr><td>Electronic Clearance Service (ECS)<\/td><td>EMIs are automatically debited from your bank account, ensuring timely payments without manual intervention.<\/td><\/tr><tr><td>e-NACH (Electronic National Automated Clearance House)<\/td><td>EMIs of higher amounts can be easily paid towards education loans by setting auto-debit features.<\/td><\/tr><tr><td>Post-Dated Cheques (PDS)<\/td><td>You can provide checks dated for future months, which is suitable for those who prefer traditional payment methods.<\/td><\/tr><tr><td>Demand Draft<\/td><td>If electronic payments are not feasible, you can issue a demand draft in favour of the lending bank.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 id=\"why-choose-sbi-education-loan-repayment-plan\" class=\"wp-block-heading\">Why Choose SBI Education Loan Repayment Plan?<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Flexible repayment options<\/strong> via online banking and mobile app.<\/li>\n\n\n\n<li><strong>Auto-debit facilities<\/strong> for hassle-free EMI payments.<\/li>\n\n\n\n<li><strong>Multiple modes of repayment<\/strong> for added convenience.<\/li>\n\n\n\n<li><strong>Secure and reliable transactions<\/strong> backed by SBI\u2019s trusted banking network.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Want lower interest rates on existing education loans? Explore key highlights of <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-takeover-of-education-loan\/\"><strong>SBI takeover of education loans<\/strong><\/a><strong> and how to apply for them.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ways-to-reduce-sbi-education-loan-repayment-costs\"><span id=\"ways-to-reduce-sbi-education-loan-repayment-costs\">Ways to Reduce SBI Education Loan Repayment Costs<\/span><\/h2>\n\n\n\n<p>Managing your SBI Education Loan Repayment Plan efficiently can help you minimize financial stress and reduce overall repayment costs. By adopting smart repayment strategies, you can lower your interest burden and make repayment more manageable. Here are some effective ways to reduce your SBI education loan repayment costs:<\/p>\n\n\n\n<p><strong>1. Pay Interest During the Moratorium Period<\/strong><br>One of the best ways to ease your SBI Education Loan Repayment Plan is to start paying interest during the moratorium or holiday period. This reduces the overall loan burden and makes you eligible for a 1% interest concession, further lowering your repayment costs.<\/p>\n\n\n\n<p><strong>2. Avail Tax Benefits Under Section 80E<\/strong><br>Education loans qualify for tax deductions under Section 80E of the Income Tax Act. By obtaining an <a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-interest-certificate\/\"><strong>SBI interest certificate<\/strong><\/a>, you can claim deductions on the interest paid, significantly reducing the cost of your SBI education loan repayment plan.<\/p>\n\n\n\n<p><strong>3. Leverage Government Interest Subsidy Schemes<\/strong><br>If you belong to the Economically Weaker Section (EWS), you may qualify for the Central Scheme for Interest Subsidy (CSIS). This scheme helps reduce your interest burden during the repayment period, making your SBI education loan repayment more affordable.<\/p>\n\n\n\n<p><strong>4. Make Prepayments to Lower Interest Costs<\/strong><br>SBI offers education loans with no prepayment charges, and you can make prepayments without penalties after six months of loan disbursal. This strategy helps reduce the principal amount and lowers overall interest costs, making loan repayment easier.<\/p>\n\n\n\n<p>This was all about the SBI education loan repayment plan. Make sure to choose the convenient method to repay your loan and make timely payments by maintaining an adequate balance in your account and setting auto-debits. Follow the tips given to reduce your repayment costs and pay off your SBI education loan effectively.<\/p>\n\n\n\n<p>To know about <a href=\"https:\/\/fly.finance\/loans\"><strong>education loans<\/strong><\/a>, the best <a href=\"https:\/\/fly.finance\/international-bank-account\"><strong>bank accounts for students<\/strong><\/a>, and banking experience for global students or international money transfers, 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-sbi-education-loan-repayment-plan\"><span id=\"faqs-sbi-education-loan-repayment-plan\">FAQs SBI Education Loan Repayment Plan<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1741695807644\"><strong class=\"schema-faq-question\">When does the SBI Education Loan Repayment Plan start?<\/strong> <p class=\"schema-faq-answer\">The SBI Education Loan Repayment Plan begins 12 months after course completion or 6 months after securing a job, whichever is earlier. For SBI Global Ed-vantage loans, repayment starts 6 months after course completion.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1729926322786\"><strong class=\"schema-faq-question\">How to repay an education loan from SBI?<\/strong> <p class=\"schema-faq-answer\">You can repay your SBI education loan through various methods. These include online banking, via the SBI YONO app, or by visiting an SBI branch to make payments.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1729926324450\"><strong class=\"schema-faq-question\">How long is the SBI student loan repayment period?<\/strong> <p class=\"schema-faq-answer\">The SBI Education Loan Repayment Plan offers a maximum repayment tenure of 15 years (180 EMIs), ensuring flexibility in managing loan payments. EMIs starts one year after course completion or six months after securing a job, whichever occurs first.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1729926325638\"><strong class=\"schema-faq-question\">Can I close my education loan early with SBI?<\/strong> <p class=\"schema-faq-answer\">Yes, you can close your education loan early with SBI without any penalties. This also lets you save on interest costs and reduce the overall repayment burden.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1729926365587\"><strong class=\"schema-faq-question\">Are there any prepayment charges on the SBI education loan?<\/strong> <p class=\"schema-faq-answer\">There are no prepayment charges for SBI education loans, enabling borrowers to repay their loans early without incurring additional fees.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1729926384866\"><strong class=\"schema-faq-question\">What are the rules for education loan repayment?<\/strong> <p class=\"schema-faq-answer\">Repayment starts after the moratorium period, which includes the course duration plus a grace period of 6-12 months, with EMIs calculated based on the principal and accrued interest.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741695922055\"><strong class=\"schema-faq-question\">What happens if I don\u2019t pay interest during the moratorium period in the SBI Education Loan Repayment rule?<\/strong> <p class=\"schema-faq-answer\">If interest is unpaid during the moratorium period, it gets added to the principal amount, increasing EMIs under the SBI Education Loan Repayment rule.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741695937717\"><strong class=\"schema-faq-question\">How can I make online payments under the SBI Education Loan Repayment Plan?<\/strong> <p class=\"schema-faq-answer\">To make online payments under the SBI education loan repayment plan, log in to SBI Internet Banking, go to \u2018Transfers,\u2019 select the loan account, enter the EMI amount, and confirm the payment.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741695966590\"><strong class=\"schema-faq-question\">Can I set up auto-debit for the SBI Education Loan Repayment Plan?<\/strong> <p class=\"schema-faq-answer\">Yes, the SBI Education Loan Repayment Plan supports auto-debit through ECS and e-NACH, ensuring hassle-free EMI payments.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741695979956\"><strong class=\"schema-faq-question\">How does the SBI YONO app help with the SBI Education Loan Repayment Plan?<\/strong> <p class=\"schema-faq-answer\">The SBI YONO app makes the SBI education loan repayment plan easier by allowing quick, secure, and direct loan repayments from your mobile device.<\/p> <\/div> <\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-pale-ocean-gradient-background has-background has-fixed-layout\"><tbody><tr><td colspan=\"2\"><strong>Additional Reads<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/personal-loan\/personal-loan-from-sbi\/\"><strong>Personal Loan from SBI<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/personal-loan\/sbi-personal-loan-application-process\/\"><strong>SBI Personal Loan Application Process<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-loan-top-up\/\"><strong>SBI Loan Top-Up<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-shaurya-education-loan\/\"><strong>SBI Shaurya Education Loan<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/student-account\/best-banks-in-the-usa-for-international-students\/\"><strong>Best Banks in the USA for International Students<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/student-account\/germany-blocked-accounts-for-international-students\/\"><strong>Germany Blocked Accounts for International Students<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/counterfeit-100-dollar-bill-australia\/\"><strong>How to Spot the New Counterfeit 100-Dollar Bill in Australia?<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/fake-twenty-pound-note\/\"><strong>Effective Ways to Spot Fake Twenty-Pound Note<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/scholarships\/mba-scholarships-in-ireland-for-indian-students\/\"><strong>MBA Scholarships in Ireland for Indian Students<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/scholarships\/italian-government-scholarship-for-international-students\/\"><strong>Italian Government Scholarship for International Students<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Repaying an SBI education loan requires careful planning to ensure a hassle-free process. Understanding the SBI education loan repayment plan, including the moratorium period, EMI options, and repayment tenure, is essential for effective loan management. The SBI offers flexible repayment options, allowing borrowers to start repaying after completing their course. SBI education loan repayment strategies &#8230; <a title=\"SBI Education Loan Repayment Plan: Learn How to Repay\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/\" aria-label=\"Read more about SBI Education Loan Repayment Plan: Learn How to Repay\">Read more<\/a><\/p>\n","protected":false},"author":29,"featured_media":15824,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-15823","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>SBI Education Loan Repayment Plan: Learn How to Repay<\/title>\n<meta name=\"description\" content=\"Know all about SBI Education Loan Repayment Plan here and repay your loan efficiently. 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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\/sbi-education-loan-repayment-plan\/#faq-question-1741695807644","position":1,"url":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1741695807644","name":"When does the SBI Education Loan Repayment Plan start?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The SBI Education Loan Repayment Plan begins 12 months after course completion or 6 months after securing a job, whichever is earlier. For SBI Global Ed-vantage loans, repayment starts 6 months after course completion.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926322786","position":2,"url":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926322786","name":"How to repay an education loan from SBI?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You can repay your SBI education loan through various methods. These include online banking, via the SBI YONO app, or by visiting an SBI branch to make payments.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926324450","position":3,"url":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926324450","name":"How long is the SBI student loan repayment period?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The SBI Education Loan Repayment Plan offers a maximum repayment tenure of 15 years (180 EMIs), ensuring flexibility in managing loan payments. EMIs starts one year after course completion or six months after securing a job, whichever occurs first.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926325638","position":4,"url":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926325638","name":"Can I close my education loan early with SBI?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, you can close your education loan early with SBI without any penalties. This also lets you save on interest costs and reduce the overall repayment burden.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926365587","position":5,"url":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926365587","name":"Are there any prepayment charges on the SBI education loan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"There are no prepayment charges for SBI education loans, enabling borrowers to repay their loans early without incurring additional fees.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926384866","position":6,"url":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1729926384866","name":"What are the rules for education loan repayment?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Repayment starts after the moratorium period, which includes the course duration plus a grace period of 6-12 months, with EMIs calculated based on the principal and accrued interest.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1741695922055","position":7,"url":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1741695922055","name":"What happens if I don\u2019t pay interest during the moratorium period in the SBI Education Loan Repayment rule?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"If interest is unpaid during the moratorium period, it gets added to the principal amount, increasing EMIs under the SBI Education Loan Repayment 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auto-debit for the SBI Education Loan Repayment Plan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, the SBI Education Loan Repayment Plan supports auto-debit through ECS and e-NACH, ensuring hassle-free EMI payments.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1741695979956","position":10,"url":"https:\/\/fly.finance\/blog\/education-loan\/sbi-education-loan-repayment-plan\/#faq-question-1741695979956","name":"How does the SBI YONO app help with the SBI Education Loan Repayment Plan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The SBI YONO app makes the SBI education loan repayment plan easier by allowing quick, secure, and direct loan repayments from your mobile 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