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Updated 2026 Secured & Unsecured
SBI Education Loan for abroad study - up to ₹3 crore
Apply online through WeMakeScholars- India's official SBI abroad education loan partner. Get pre-approval in 14 working days with expert guidance at every step.
- ✔ Zero foreclosure charges
- ✔ Pre-approval before I-20
- ✔ Approval in 14 working days
- ✔ Processing fee 10,000 + GST
- ✔ Simple interest during moratorium
₹3 Cr
Max loan amount
8.4%
Lowest interest rate
15 yrs
Repayment tenure
Get Free Loan Assistance
Our expert will call you within 1 working day
Planning to study abroad but worried about finances? The SBI Education Loan under the Global Ed-Vantage & Shaurya schemes offers up to ₹3 crore at just 8.4% interest (for females) with minimal branch visits, 14-16-day approval, and zero foreclosure charges. Apply online through WeMakeScholars, SBI's official national digital partner, and get expert guidance, the fastest branch assignment, and a pre-approval letter before your I-20. Your dream university is closer than you think!!
Key Features of SBI Education Loan
SBI beats private banks on every metric that matters to Indian students. Lower interest rate: 8.4%. Higher loan amount: up to ₹3 Cr. Fixed processing fee: ₹10,000 + GST. Faster approval: 14 working days. Longer repayment: 15 years. Simple interest during moratorium. No other lender offers this complete package for abroad studies.
- %Interest RateStarting from 8.4%
- ₹Processing FeesINR 10,000 + GST
- 💰Margin Money10% of loan amount
- 🏦Loan TypeSecured & Unsecured
- 📄DocumentsMinimal paperwork
- ⏱Approval TimeQuick processing
Which Education Scheme Is Right for You?
Planning to study abroad? SBI's Global Ed-Vantage scheme is built for you, offering loans up to ₹3 Cr, competitive interest rates starting from 8.4%, and a flat processing fee of just ₹10,000 + GST. Whether you're planning to study in the USA, UK, Canada, Australia, or other countries, the loan covers tuition fees, living expenses, travel, and more. Before applying, students should also check the SBI education loan eligibility criteria, including co-applicant income, university, course, and collateral requirements. With a repayment tenure of up to 15 years, the scheme makes overseas education more financially manageable.
| Feature | Global Ed-Vantage Secured | Global Ed-Vantage Unsecured | Shaurya Scheme Secured | Shaurya Scheme Unsecured |
|---|---|---|---|---|
| Max Loan Amount | ₹3 Crore | ₹50 Lakh | ₹1.5 Crore | ₹40 Lakh |
| Interest Rate (Female) | 8.4% | 8.9% | 8.9% | 8.9% |
| Interest Rate (Male) | 8.9% | 8.9% | 9.4% | 9.4% |
| For Abroad Studies | YES | YES | YES | YES |
| Collateral Required | YES | NO | YES | NO |
| Processing Fee | ₹10,000 + GST | ₹10,000 + GST | ₹10,000 + GST | ₹10,000 + GST |
| Max Repayment | 15 years | 15 years | 15 years | 15 years |
| Pre-Approval Letter | YES | YES | YES | YES |
SBI Education Loan EMI Calculator
Planning your repayment? Use the SBI EMI Calculator to estimate your monthly instalments before applying. Enter your loan amount, interest rate, and repayment tenure to get instant results. With SBI education loan starting at 8.4% interest and repayment up to 15 years, calculate your EMI and plan your finances smartly.
SBI Education Loan EMI Calculator
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Amortisation table updates automatically when you change the sliders above. Use the button to open in Excel or Google Sheets.
SBI Education Loan Steps
Applying for SBI education loan for abroad studies is simple and fully online. Fill the application form on WeMakeScholars - SBI's official partner. Our team calls you within one working day, verifies eligibility, and guides document collection. Submit documents at your nearest SBI branch. Track your application with a 16-digit reference number. Get approved in just 14 working days with minimal bank visits
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Expert Calls You
Within 1 working day. We check eligibility & guide on documents
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Branch Assignment
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Loan Sanctioned 🎉
Visit the Branch to receive your sanction letter & disbursement
SBI Bank Education Loan for Abroad Studies - Everything You Need to Know
Dreaming of studying at a top university abroad but worried about funding? The SBI Bank Education Loan - specifically the SBI Global Ed-Vantage scheme - is designed precisely for students like you. Whether you're heading to the US, UK, Canada, Australia, or Europe, SBI makes it possible to pursue your ambitions without letting finances hold you back.
What Makes the SBI Education Loan Stand Out?
When it comes to financing your overseas education, not all loans are equal. The SBI student loan under the Global Ed-Vantage scheme offers a combination of low interest rates, generous loan amounts, and a transparent process that most private lenders simply can't match.
Here's what you get at a glance:
- Loan Amount: ₹10 Lakhs to ₹3 Crore - enough to cover tuition, hostel, books, travel, and miscellaneous expenses at most top-ranked universities abroad.
- SBI Education Loan Interest Rate: One of the lowest in the market - 8.4% for female students and 8.9% for male students. Female students enjoy an additional 0.5% concession, making this one of the most gender-forward loan offerings in India.
- Processing Fee: A flat, fixed fee of just ₹10,000 + GST paid directly at the SBI branch - no hidden charges, no percentage-based floating fees that surprise you later.
- Repayment Period: Up to 15 years, giving you plenty of time to repay after you settle into your career.
Who is Eligible for the SBI Global Ed-Vantage Overseas Education Loan?
The Global Ed-Vantage scheme is open to students who have secured admission to a recognised, full-time undergraduate (Bachelor's), postgraduate (Master's), or doctoral (PhD) program at a reputed foreign university. Eligible countries include the USA, UK, Canada, Australia, New Zealand, Singapore, Japan, Hong Kong, and Europe, though applications from other destinations are also considered on a case-by-case basis.
SBI education loan eligibility requires a co-applicant (parent, spouse, or in-laws) and collateral security, either immovable property like a house or flat, or liquid assets like Fixed Deposits or LIC policies. Agricultural lands are not accepted as collateral.
How Does the SBI Education Loan EMI Calculator Help You Plan?
Before applying, it's smart to use the SBI education loan EMI calculator or SBI education loan calculator to estimate your monthly repayment obligations. You can enter factor in your loan amount, interest rate, and tenure to get a clear picture of what you'll owe after the moratorium period ends.
The moratorium period for this SBI online loan is your entire course duration plus 6 months, so you don't pay a single EMI while you're still studying. SBI charges only simple interest during this period, which is significantly cheaper than the compounding interest models followed by most private banks and NBFCs.
Why Apply Through WeMakeScholars?
WeMakeScholars is SBI's official national digital partner for overseas education loans - a BITS Pilani startup funded and supported by the Ministry of IT, Government of India. Applying through this platform means:
- Expert guidance from a dedicated education loan team.
- Branch assignment to the fastest-processing SBI branch near you.
- Negotiation on interest rates and fees on your behalf.
- A 16-digit tracking number to monitor your application in real time.
- A cashback of up to ₹3,000 on multiple disbursements.
- The entire process, from filling the application to loan approval, typically takes 14-16 working days, with minimal branch visits required.
The entire process, from application to approval, typically takes 14-16 working days, with minimal branch visits required.
Apply For Your SBI Abroad Education Loan Today
Your international education journey deserves the best financial foundation. With competitive SBI student loan interest rates, flexible repayment terms, and end-to-end support, the SBI Global Ed-Vantage scheme is the smartest choice for funding your study abroad dreams.
Don't let funding stop you from pursuing your dream university. Apply online today and take the first step towards the future!
Have questions about the SBI student credit card, loan eligibility, or documentation? Feel free to reach out to the WeMakeScholars education loan team - they're ready to help.
Frequently asked questions
Frequently Asked Questions about SBI Education Loan for Abroad Studies
The SBI education loan interest rate is 8.9% per annum for male and 8.4% for female students under the Global Ed-Vantage scheme (best-case with all concessions) - one of the lowest rates available for overseas education financing in India.
No. The interest rates for the Shaurya scheme are 9.4% for male students and 8.9% for female students (secured, without additional concessions).
Interest starts accruing from the date of disbursement. However, during the moratorium period (course duration + 6 months), SBI charges only simple interest, keeping your repayment burden significantly lower than the private lenders.
SBI charges a fixed processing fee of just ₹10,000 + GST. There are no hidden costs and no percentage-based floating fees. An additional ₹7,000 covers lawyer and property valuation charges. Completely transparent, no surprises.
SBI charges a flat fixed processing fee of just ₹10,000 + GST - paid directly at the branch. Unlike private banks that charge percentage-based floating fees, SBI's transparent fixed fee structure ensures no unpleasant surprises throughout your abroad education loan process.
No. SBI does not charge prepayment or foreclosure penalties. This is a significant advantage. If a student secures a good employment opportunity abroad and wishes to close their loan early, they can do it freely without any additional charges.
Yes, SBI imposes a penalty for late EMI payments. The specific penalty amount depends on the terms outlined in your loan agreement. WeMakeScholars guides all students regarding repayment schedules from the beginning, helping you ensure that you never miss an EMI and avoid any unnecessary additional charges on your education loan for studying abroad.
Beyond the ₹10,000 + GST processing fees, an additional ₹7,000 covers lawyer fees and property valuation charges for collateral assessment. No other hidden administrative charges apply. WeMakeScholars ensures complete fee transparency before you commit to your abroad education loan.
Under the SBI Global Ed-Vantage scheme, students can avail a maximum loan amount of up to ₹3 Crore for abroad studies - sufficient to cover tuition, accommodation, living expenses, and other eligible costs at even the most premium foreign universities worldwide.
Yes, SBI funds up to 90% of total eligible expenses - the remaining 10% is the student's margin contribution. Importantly, this 10% need not be arranged upfront in one shot. It's contributed proportionally with each disbursement, making it significantly manageable for students heading abroad.
The Global Ed-Vantage scheme comprehensively covers: Tuition and admission fees, Hostel and living expenses, Examination, lab, and library fees, Books and study materials, Computer purchase, Caution fee, and miscellaneous expenses. Essentially, all major costs associated with your overseas education journey are covered.
Yes, loan amount revisions are possible if expenses genuinely increase - supported by official documentation from your foreign university. WeMakeScholars actively liaises with the assigned SBI branch on students' behalf, making the loan enhancement process smoother and faster without disrupting your ongoing studies abroad.
Yes. Any Indian student with a confirmed admission to a full-time UG, PG, or PhD program at a recognised foreign university in countries like the US, UK, Canada, or Australia, or any other country can apply. A co-applicant for an unsecured loan and collateral for secured loans are mandatory.
Not necessarily! SBI offers a pre-approval letter even before your final admission confirmation, so you can start the loan process early and avoid last-minute delays before your university deadlines abroad.
The SBI Global Ed-Vantage scheme is designed exclusively for full-time regular courses at recognised foreign universities. Part-time or distance learning programs are not eligible. Working professionals pursuing full-time programs abroad can apply.
SBI does not specify an age bar for the Global Ed-Vantage scheme. The applicants are typically expected to be of standard higher education age with a strong academic profile.
The Global Ed-Vantage and Shaurya schemes cover full-time regular UG (Bachelor's), PG (Master's), and Doctoral (PhD) degree programs at recognised foreign universities. Vocational, part-time, or distance learning courses are not eligible under these specific abroad education loan schemes.
Yes, the foreign university must be a recognised and reputable institution. While SBI doesn't mandate a specific approval body, the university's global ranking and reputation matter significantly. WeMakeScholars helps verify a student's institution's eligibility before you even begin the application process.
Absolutely! The SBI Global Ed-Vantage scheme is exclusively designed for foreign universities. Eligible destinations include the USA, UK, Canada, Australia, New Zealand, Singapore, Japan, Hong Kong, and Europe - with other countries also considered on a case-by-case basis.
No. The SBI Global Ed-Vantage scheme strictly covers full-time, regular, campus-based programs at recognised foreign universities. Online or distance learning courses are not eligible. If a student is pursuing a fully on-campus abroad program, WeMakeScholars can quickly confirm their course eligibility.
Yes, a co-applicant is mandatory for the Global Ed-Vantage scheme. Eligible co-applicants include father, mother, spouse, or parents-in-law. In exceptional cases, SBI also accepts a guardian as co-applicant. The co-applicant's financial strength significantly influences the loan amount sanctioned for your abroad education.
Yes, the co-applicant's income stability and credit score significantly impact loan approval and sanctioned amount. A strong CIBIL score and steady income source improve approval chances considerably. WeMakeScholars evaluates your co-applicant's financial profile upfront, advising you on strengthening your application before approaching SBI for your abroad education loan.
Yes! Beyond parents, spouse and parents-in-law are accepted as co-applicants. Siblings, however, are not typically accepted under standard guidelines. In exceptional circumstances, SBI may consider a guardian as co-applicant. WeMakeScholars helps identify the strongest eligible co-applicant combination for maximising your abroad loan approval chances.
A co-applicant is equally responsible for loan repayment and their income is considered for loan eligibility. A guarantor typically offers collateral security as a third party without being directly responsible for repayment. WeMakeScholars clarifies these distinctions upfront, helping you structure your abroad loan application most effectively.
Not at all! One of SBI's biggest advantages is offering a pre-approval letter even before your final admission confirmation. WeMakeScholars helps you initiate the loan process early, ensuring funds are ready well before your abroad university deadlines.
Typically, 10th, 12th, and most recent degree marksheets along with entrance exam scores like GRE, GMAT, or IELTS are required. The exact academic document checklist is personalised and shared by the WeMakeScholars team after reviewing your specific abroad study profile.
Documents from foreign universities should ideally be in English or accompanied by certified English translations. Official attestation may be required in specific cases. WeMakeScholars guides you precisely on which documents need translation or attestation, avoiding unnecessary delays in your loan processing.
Yes, an official fee structure or cost estimate from your foreign university is an important document. It helps SBI determine the exact sanctionable loan amount covering tuition, hostel, and other eligible expenses for your abroad education. WeMakeScholars helps you compile this accurately and completely.
Typically, both the student and co-applicant need an Aadhar card/identity proof, address proof, a PAN card, and passport copies. The exact document checklist is shared personally by the WeMakeScholars team after reviewing your specific abroad study profile.
Aadhaar is preferred but not strictly mandatory. Other valid identity proofs like passport, voter ID, or driving licence are acceptable. For abroad education loans, a valid passport is particularly important as it's essential for your visa process.
They can submit separate address proofs. Student and co-applicant are often at different locations - SBI accommodates this. The WeMakeScholars team handles such multi-city cases efficiently, ensuring no delays in your abroad loan processing.
Scanned copies and photocopies are accepted during the initial online application. However, original documents must be presented at your assigned SBI branch visit - typically required only once throughout the entire abroad loan process.
Co-applicant income documents typically include:
Salaried: Latest salary slips, Form 16, and bank statements
Self-employed: IT returns, business proof, and audited financials
Pensioners: Pension statements and passbook copies
WeMakeScholars shares a personalised co-applicant document checklist after reviewing your specific abroad education loan profile.
Yes, IT returns are important for self-employed co-applicants. Typically last 2-3 years of IT returns are required. For salaried co-applicants, Form 16 and salary slips may suffice. WeMakeScholars evaluates your co-applicant's financial documents upfront, ensuring complete and accurate submission for faster abroad loan processing.
Typically, last 6 months of bank statements from the co-applicant's primary salary or business account are required. Statements should reflect regular income credits and healthy account conduct. WeMakeScholars reviews your co-applicant's bank statements upfront, identifying and resolving any potential concerns before submission to SBI.
Self-employed co-applicants typically need:
Last 2-3 years IT returns with computation
Audited balance sheets and P&L statements
Business registration and ownership proof
GST returns if applicable
WeMakeScholars thoroughly reviews self-employed co-applicant profiles upfront, ensuring complete documentation for smooth abroad loan sanctioning.
Both options exist, but applying online through WeMakeScholars is strongly recommended. It saves time, requires minimal branch visits, gives you a 16-digit tracking number, and ensures faster approval for your abroad education loan within 14-16 working days.
For abroad education loans under the Global Ed-Vantage scheme, applying via WeMakeScholars' dedicated portal is recommended over YONO. It offers specialised support, faster branch assignment, and expert guidance specifically tailored for students pursuing overseas education
Neither randomly! WeMakeScholars smartly assigns you the fastest-processing SBI branch based on historical approval track records - not just proximity. This single step dramatically cuts down your abroad loan approval time significantly.
Typically 14-16 working days when applied through WeMakeScholars. Their dedicated team assigns the fastest branch, schedules branch manager appointments, actively follows up with RACPC authorities, and negotiates on your behalf - making abroad loan approval significantly faster than applying directly.
The scheme covers full-time UG, PG, and PhD programs at recognised foreign universities across the USA, UK, Canada, Australia, New Zealand, Singapore, Japan, Hong Kong, and Europe. Other countries are considered case-by-case. Maximum loan amount is ₹3 Crore - sufficient for even the most premium abroad universities.
SBI typically requires four categories of documents:
Admission: Offer letter or pre-admission confirmation from foreign university
Academic: 10th, 12th, degree marksheets, GRE/GMAT/IELTS scores
Financial: Co-applicant's income proof, bank statements, IT returns
Collateral: Property documents or liquid security papers
WeMakeScholars shares a personalised document checklist after understanding your complete abroad study profile.
SBI disburses the loan directly to the foreign university in most cases, semester or term-wise as per fee demands. Outward remittance follows RBI's Liberalised Remittance Scheme (LRS) and FEMA regulations. WeMakeScholars coordinates disbursement timing with your university payment deadlines, ensuring funds reach abroad without delays.
SBI grants a moratorium of full course duration plus 6 months - repayment begins strictly after this period, regardless of employment status. Only simple interest accrues during this time. WeMakeScholars ensures your moratorium terms are clearly documented in the sanction letter, giving you complete repayment clarity before heading abroad.
SBI offers a moratorium covering full course duration plus an additional 6 months after course completion - so EMI repayment begins only after you've finished studying abroad and had time to settle professionally. Only simple interest accrues during this entire period, keeping your financial burden minimal.
Interest accumulates during the moratorium period and is added to the outstanding principal - you're not required to pay anything while studying abroad. However, if you voluntarily service the simple interest during this period, it significantly reduces your overall repayment burden post course completion. WeMakeScholars advises students on this strategic decision based on their financial situation.
Post moratorium, SBI offers a maximum repayment tenure of up to 15 years. EMI is calculated on the total outstanding principal plus simple interest accrued during moratorium - never compounded. This results in significantly lower EMIs compared to private lenders. WeMakeScholars helps you calculate exact EMIs upfront using the SBI education loan EMI calculator before you commit.
SBI considers restructuring requests under genuine circumstances including:
- Course extension - with official university documentation
- Delayed placement or unemployment - with supporting evidence
- Medical emergencies - with relevant documentation
SBI offers a moratorium of full course duration plus 6 months - so EMI repayment begins only after you've completed your abroad studies and had time to settle into your career. Only simple interest applies during this entire period.
The moratorium period is automatically applicable to all SBI Global Ed-Vantage borrowers - no separate request needed. WeMakeScholars ensures all such borrower-friendly terms are clearly explained and correctly reflected in your loan sanction letter from the start.
Yes, SBI does consider moratorium extensions for genuine course prolongations. The student must submit official documentation from the foreign university confirming the extension. WeMakeScholars actively liaisons with the bank on your behalf, making this process smoother and faster.
Repayment begins 6 months after your course completion date - not employment date. This fixed timeline is clearly documented in your loan sanction letter. WeMakeScholars ensures you fully understand your repayment start date upfront, avoiding any last-minute confusion or missed EMIs.
SBI offers a maximum repayment tenure of up to 15 years after the moratorium period - one of the longest in the industry. The tenure may vary based on loan amount and profile. WeMakeScholars negotiates the most favorable repayment tenure ensuring your EMIs remain comfortable post your abroad studies.
SBI calculates EMI on the total outstanding principal plus simple interest accrued during the moratorium period - not compound interest. This makes EMIs significantly lower than private lenders. WeMakeScholars helps you use the SBI education loan EMI calculator upfront, giving you a clear repayment picture before you commit to your abroad loan.
SBI does offer step-up repayment flexibility for abroad education loan borrowers - where EMIs start lower and gradually increase as your career and income grows post placement. WeMakeScholars advises you on the most suitable repayment structure based on your specific abroad course, university, and expected career trajectory.
SBI levies zero prepayment or foreclosure penalties - a major borrower-friendly advantage. Whether you choose part-prepayment or full foreclosure after securing employment abroad, you can repay freely without additional charges. WeMakeScholars encourages students to leverage this benefit strategically to reduce overall interest burden significantly.
SBI does offer genuine relief measures including:
- Moratorium extension - based on documented unemployment status
- EMI rescheduling - adjusted repayment timeline consideration
- Repayment restructuring - based on individual financial circumstances
Yes, SBI considers loan restructuring under genuine hardship situations including:
- Medical emergencies - with certified medical documentation
- Job loss or unemployment - with supporting evidence
- Currency fluctuation impact - affecting repayment capacity
In such unfortunate circumstances, SBI typically:
- Immediate repayment obligation triggers on disbursed amount
- Moratorium benefit ceases upon course discontinuation
- Restructuring requests considered case-by-case with valid documentation
Consequences are serious and far-reaching:
- CIBIL impact - Both borrower's and co-applicant's credit scores drop significantly, affecting future loan eligibility
- Collateral risk - SBI initiates legal proceedings to recover dues through collateral liquidation
- Legal action - Recovery proceedings under SARFAESI Act may be initiated
- OTS option - One-time settlement considered case-by-case for genuinely distressed borrowers
Under the Global Ed-Vantage scheme, collateral is compulsory regardless of loan amount - no exceptions. SBI only offers collateral-free loans up to ₹7.5 lakhs under separate schemes. For abroad education loans, WeMakeScholars helps you identify and prepare the right collateral documentation efficiently.
SBI accepts two categories of collateral:
- Immovable property - house, flat, or open plots with boundaries
- Liquid securities - Fixed Deposits, LIC policies, or government bonds
SBI applies specific LTV ratios based on course duration:
90% of the property value for 1 or 2-year courses
100% of value for liquid securities like FDs
WeMakeScholars helps assess your collateral value upfront, ensuring it meets SBI's requirements before application.
Yes! SBI allows third-party collateral - property belonging to relatives, friends, or even non-family members is accepted. The third-party owner becomes a guarantor. WeMakeScholars expertly handles such complex collateral arrangements, ensuring smooth documentation and faster branch approvals for your abroad loan.
SBI appoints its own empanelled lawyers and valuators - independent valuation reports are not accepted. The initial valuation cost of approximately ₹7,000 covers both legal opinion and property assessment. WeMakeScholars coordinates directly with SBI's empanelled valuators, ensuring the collateral assessment process is completed swiftly without delaying your abroad loan sanction.
SBI engages its own empanelled advocate for title search and legal verification - independent legal opinions are not accepted. The advocate examines typically 13-30 years of ownership history to confirm the property is free from encumbrances, disputes, or liabilities. WeMakeScholars coordinates this entire legal verification process, ensuring zero delays in your abroad loan sanction.
When property is jointly owned, SBI mandates consent declarations and signatures from all co-owners making them joint guarantors. Additional documents include joint ownership proof, NOC from co-owners, and identity/address proofs of all parties. WeMakeScholars expertly handles such complex multi-owner collateral cases, ensuring smooth documentation without delays in your abroad loan processing.
SBI typically accepts equitable mortgage through deposit of original title deeds - avoiding expensive registered mortgage in most cases. Associated stamp duty and registration charges vary state-to-state. The mortgage creation happens post-sanction before first disbursement. WeMakeScholars coordinates the entire mortgage creation process, ensuring timely completion without delaying your abroad university payment deadlines.
Upon complete repayment, the collateral release process involves:
- Loan closure confirmation - Obtain official loan closure statement from SBI
- NOC request - Formally apply at sanctioning branch for No Objection Certificate
- Original title deed return - SBI returns all original property documents
- Encumbrance removal - Official mortgage release registered if applicable
SBI considers collateral substitution under genuine circumstances such as:
- Sale of original property - requiring immediate replacement
- Legal disputes on existing collateral - necessitating clean asset substitution
- Upgrade to stronger collateral - improving loan security position
- Fresh independent valuation by SBI's empanelled valuator mandatory
- Complete legal verification of replacement asset required
- Sanctioning authority approval - branch manager and RACPC sign-off needed
- Replacement asset value must meet or exceed original collateral value
Borrower obligations are clearly defined:
- Immediate intimation - Mandatory to inform SBI branch upon any collateral change
- Unauthorized sale prohibited - Selling mortgaged property without SBI's NOC is legally punishable
- Value deterioration reporting - Significant market value drop must be proactively disclosed
SBI's recovery process follows a structured legal pathway:
- Default notice - Formal 60-day notice issued to borrower and co-applicant
- SARFAESI proceedings - SBI enforces security interest without court intervention
- Possession notice - Official 30-day symbolic possession notice issued
- Physical possession - SBI takes actual collateral possession if no response
- Public auction - Property auctioned to recover outstanding dues