SBI Education Loans for Pilot Training & Air Hostess Training Courses in India & Abroad

Majority of the banks give educational loans to students which provide financial support for their education. The interest rate for educational loans are very low. This article gives complete information on State Bank of India career loans for Pilot Training Courses and for Air Hostess Training Courses in India & Abroad.

In addition to SBI Education Loans for Studying in India & abroad and SBI Education Loans for Scholars, SBI provides loans specifically for those who wish to pursue a commercial pilot training course or an air-hostess training course in India and abroad. These are different from the SBI education loans – they are called SBI Career Loans.

Now, IndiaStudyChannel offers admission guidance services for overseas education. Learn more about our study abroad programs for Indian students.

Features of SBI Career Loans

To whom the loan is offered

The SBI Career loans are loans for those who wish to take up commercial pilot training courses or air-hostess training courses in India and abroad. However, the institutes from which these courses are conducted must be recognized by the Ministry of Civil Aviation/Directorate General of Civil Aviation (DGCA), Govt. of India.

Type of loan

The SBI Career Loan is a term loan, with the applicant and parent or guardian or spouse as co-borrowers.

Loan amount

The SBI Career Loan is for maximum of Rs.3.00 lacs.

Processing fee

The SBI Career Loan processing fee is 0.51% of the loan amount.

Loan security and margin

Security for a SBI Career Loan can be provided through mortgage of immovable property or Government securities, Public Sector bonds, National Savings Certificates/KVPs/RBI Relief Bonds, Bank's TDRs, LIC Policies, etc. The margin will vary depending of the type of security provided for the SBI Career Loan.
Here's a table for ready reference:
SBI Career Loan Type of Security and Margin

Interest rates

As of 8th June, 2015, the base rate is 09.70%. If you pay the interest during the course period, then SBI will provide a rebate of 0.50% but this will only be during the moratorium period. Note also that the interest rates as provided below are subject to change without prior notice. So it is advisable to check with SBI at the time of applying for the loan.

SBI Career Loan Interest Rates Table

Repayment terms

The repayment of the loan involves repayment in 36 months in Equated Monthly Instalments (EMIs) with maximum moratorium 1year after completion of the course for start of repayment. There will be no penal charges in case of an early repayment of the SBI Career Loan.

Age eligibility criteria

  1. The applicant must be minimum 18 years of age.
  2. The age of the co-borrower (parent/guardian/spouse) can be maximum 60 years.

How to apply

You can get the SBI Career Loan application form from the SBI branch in your area or from the SBI official website.

Contact Phone Number for SBI career loans 1800112211 (Toll-free from BSNL/MTNL) or 1800 425 3800 (toll-free) or 080-26599990. You can access these numbers from any landline phone or mobile phone in India.

Important Note: The author of this article is giving general information on SBI career loans and not endorsing them in any way. Readers are advised to check the official website of SBI and confirm with SBI officials about the various aspects of the loan before applying, and not rely solely on the information given in this article. The tables are also created by the author based on details provided at the SBI website as on 1st August, 2015.

Article by Vandana
Vandana is based in India with over 15 years experience as a freelance writer. Writing, no doubt, is her primary passion! Having learned the art of blogging from ISC, Vandana is enjoying the thrills of blogging, taking pleasure in sharing information & getting good pageviews at her various blogs.

Follow Vandana or read 1519 articles authored by Vandana

Related Articles

State Bank of India Educational loans procedures

This article tells you the Eligibility for State bank of India Educational loan procedures, Documents needed for State bank of India Educational loans, Security needed for State bank of India Educational loan etc.,

How to apply for SBI Global Ed-Vantage loan for UG, PG, Ph.D. studies abroad

Want to avail of educational loans to study engineering in a foreign country? SBI has launched the SBI Global Ed-Vantage loan scheme for Indian students to study abroad in USA, UK, Canada, Australia, Europe, Singapore, Japan and Hong Kong. This article provides complete information about the loan application process and the academic streams, including engineering, for which students can avail of the loan.

More articles: SBI Educational Loans SBI Courses AI CAT India Education Loans Education Loans Pilots career


Guest Author: Rohit prasad singh26 Jul 2012

When anybody takes a career loan for aircraft maintenance engineering course, then how much time he gets to repay the loan after the completion of the course if he had taken from State Bank of India?

Guest Author: saiteja30 Jun 2014

How much will be given for pilot training ?

Author: Vandana01 Jul 2014 Member Level: Platinum   Points : 0

You will need to contact SBI to know how much loan you can avail of. It may depend on various factors, such as the type of course, the family's financial status, etc.

Guest Author: Shanavas29 Sep 2014

Is it possible to get Rs. 20 Lac loan assist by doing CPL in India?

Guest Author: Rahul11 Dec 2014

Is collateral needed for SBI career loans?

Guest Author: saif07 Apr 2015

I need 10 lakhs for my CPL course. I paid half amount and now I have to pay for my second half installment. Will I get a loan for my CPL course?

Guest Author: sailee chafe16 Apr 2015

I need a loan for an airlines aviation course for which the fees are Rs.65,000 so can I apply for a loan?

Guest Author: ghanshyam26 May 2015

I am selected for CPL training at Indra Gandhi Rashtriya Uran Academy(IGRUA). Can I get a loan for it up to Rs.20 lakhs?

Guest Author: moses joe.a03 Jun 2015

My name is moses I am studying 12th standard..after I finish my 12th standard,I want to study commercial pilot..I want loan from the bank. How to get the loan from the bank??

Guest Author: akash21 Jun 2015

its possible to get 25 lacks for commerical pilot traning

Guest Author: Tarun Verma26 Jun 2015

Can SBI give me loan of 25nlakh for CPL training in India?

Guest Author: K. Sharmilan04 Jul 2015

My name is K. Sharmilan. I have complete B.E Aeronautical Engineering , I want to study commercial pilot. I want to take loan from the bank. How to get the loan from the bank and also how much will they give?

Guest Author: Tanya Singh16 Sep 2015

I want to know about education loan for air hostess courses.

Guest Author: kiran gowda n.k15 Oct 2015

My name is kiran Gowda. Is it possible to get SBI Education Loan for aviation course with 10th certificate?

Guest Author: moses joe15 Nov 2015

This article about SBI Education loans was very useful. Is any property needed for availing educational loan to join Commercial Pilot Training?

Guest Author: Deepu03 Jan 2016

Do I get 20 L loan for my college course?

Guest Author: Abhishek Anand11 Mar 2017

I want to become a pilot. But I belong to a middle class family which can hardly afford me Rs 3 - 4 lakh . How do I get a SBI loan for this? After having my CPL license I will return it as soon as possible. I am crazy to become a pilot it's my aim.

Guest Author: Jai21 Mar 2017

Can I get a loan for an amount Of 50 Lacs for my commercial Pilot Training In USA?

Guest Author: Jaishankar09 Apr 2017

Could I get a loan of Rs. 45 lac or approximate to it for CPL? I have collateral.

Guest Author: Ahmed13 May 2017

First of all CPL loans are provided by the academy itself. They have contract with the banks for these type of loans and only they can help you out for this and not the normal bank branches. I am an Emirates pilot and had availed the loan facility from the Academy itself which had an agreement with the bank.

Guest Author: Priyanka30 Aug 2017

Can I get a loan for Studying an Air hostess training within India? And what is the procedure? Kindly help.

Guest Author: Vaishali Kesarwani23 Sep 2017

Can I get loan for air hostess training in India? What is the procedure? Please help.

Guest Author: Priyanka10 Nov 2017

I want to know about education loan for air hostess

Guest Author: Raj piyush06 Apr 2019

Can I get the loan for a cabin crew course?

Guest Author: MONTI SUBBA20 Apr 2019

I want to know the entire process step by step for applying for a bank loan for air hostess training.

Guest Author: Ashwani06 Aug 2019

I want to know about education loan for Diploma in Airport Management Course.

Author: Vandana11 Aug 2019 Member Level: Platinum   Points : 5

As mentioned by Guest Author Ahmed, the academy where you opt to pursue a course, whether it is for pilot training or training to work as cabin crew or a course in airport management, will likely have tie-ups with leading banks to provide loans to cover the cost of the course fees. So I suggest that when you check out the course details, before applying for it you should get in touch with the academy/institute officials and enquire about the bank loan amount for which you are eligible.

Also, find out what all the loan covers. Many loans may cover only the course tuition fees. Some others may cover hostel fees, too, but some may not necessarily cover the cost of accommodation and other expenses, especially for any part of the training which may be done abroad. Once you know of the details, then compare it with the loan offered by the bank which you may have approached. Note, though, that it will likely be mandatory to take the loan only from the bank which the academy/institution has mentioned and not some other bank. So make inquiries whether you can take a loan independent of what they suggest.

  • Do not include your name, "with regards" etc in the comment. Write detailed comment, relevant to the topic.
  • No HTML formatting and links to other web sites are allowed.
  • This is a strictly moderated site. Absolutely no spam allowed.
  • Name: