Doubt regarding SBI education loan
I will be taking an education loan soon for my under grad and the thing is i have to pay the first year annual fee at the time of admission ( which is around 79k ). Then only i can apply for an education loan, but for me to pay the first year annual fee we would have to borrow from relatives or through other sources.
So does SBI provide reimbursement? If yes how does it work? Do we have to get a refund from the college as the bank will be paying the clg directly. How long does all of this take?
Pls help, i have been researching a lot and i don’t have any other option as well. I can only go and take admission if reimbursement is provided.
Also do recommend any benefits/ better offers i can get as i am from a low income family.