OSBI urda ae de undta ee de STATE BANK OF INDIA EDUCATION LOANS : SBI STUDENTS LOAN UP WITH GREAT EASTERN SHIPPING CO. LTD TH The competent authority has approved tie-up with Great Eastern Shipping Co. Ltd for sanction of Education Loans to the students joining at their Institute i.e. The Great Eastern Institute of Maritime Studies, Lonawala, Maharastra on the following terms and conditions. Important Features of the Tie-up Parameter Process Sourcing/Sanction of Loans The branch will source the application and send to linked CPC for sanction a) For students belonging to Mumbai b) For students belonging to other than Mumbai a) Worli North branch b) Preferably nearest branch from the permanent residence of the student. Eligible Courses + Trainee Nautical Officer Cadets (TNOO) * Graduate Mechanical Engineers (GME) + Electro-Technical Officer (ETO) General Purpose Rating (GPR) Quantum of Loan Upto Rs 7.50 lacs. Commencement of repayment * Option may be provided to start the repayment of due from the succeeding month of on board training. + The GE Shipping Co to remit 50% of the Stipend paid to students during their “training-on-board- the-ship’and also to remit the monthly installment of repayment in the case of students employed with them. Insurance Cover The GE Shipping Co to convince students to opt for adequate insurance cover. All other Terms & Conditions will be as applicable to SBI Student Loan Scheme. In case of any clarification please contact P. Shanker Narayan Corporate Centre, Mumbai Asstt. General Manager (PL), Personal Banking Business Unit, Tel: 022 22741323 Mob: 8056216935 Avinesh Kumar Saxena Dy General Manager (PL) 18.07.2018 @ bank.sbi ‘ee aon feo, duPhem sistaftre gm far, fer PersonalLoon Dept, Personal Banking 1 0922222741550 reer rc, Ten ye ere ga, ha fo wp Business Unt Natonal Banting Group 1912222781525/ 22 aketie Be, 13 57a arate og, 158 Corporate Cente, 15°Fleor, ta1z2zz742508 Redere, mera ee ST, sem arma Stato Bank Bhavan, Madame Cama Road 1 dompbpl@sbicein sro te, de ao0na Sretate} fet soot Norman Point, Mums &CO023