How To Get Education Loans In India
Nowadays Getting an education loan in India is really simple process. Our government is willing to provide loans for students who are in need. 80% of banks in India provide Education loans at low interest Rate. I listed the banks those who provide Education Loan at a low interest rate.
Education Loan Providers:
1) State Bank Of India
Available for Students studying in India and abroad..
Available for Ug and Pg courses approved by AICTE, IMC, AU, UGC.
Diploma Courses conducted By Autonomous Institutions.
Maximum Loan Amount for studying in India is INR 10.0000.
Maximum loan amount for studying in Abroad is INR 30,00000.
Interest Rate is from 3.75% - 13.75% .
2) Punjab National Bank
Available for students with admission in India or Abroad Universities are eligible.
Available for PG, UG, Phd, Aeronautical and Engineering courses.
Maximum Loan Amount is INR 10,00000 in India and INR 20,00000 for Abroad.
Loan Repayment Duration starts from 3-7 years.
3) Tamil Nadu Mercantile Bank
Available for students who hold admission in India and Abroad.
Available for all PG and UG courses.
Maximum Loan for studying in India is INR 10,00000 and for Abroad is INR 20,0000.
Other Banks Which Provide Loans for Students at a reasonable interest rates are
Nowadays Getting an education loan in India is really simple process. Our government is willing to provide loans for students who are in need. 80% of banks in India provide Education loans at low interest Rate. I listed the banks those who provide Education Loan at a low interest rate.
Education Loan Providers:
1) State Bank Of India
Available for Students studying in India and abroad..
Available for Ug and Pg courses approved by AICTE, IMC, AU, UGC.
Diploma Courses conducted By Autonomous Institutions.
Maximum Loan Amount for studying in India is INR 10.0000.
Maximum loan amount for studying in Abroad is INR 30,00000.
Interest Rate is from 3.75% - 13.75% .
2) Punjab National Bank
Available for students with admission in India or Abroad Universities are eligible.
Available for PG, UG, Phd, Aeronautical and Engineering courses.
Maximum Loan Amount is INR 10,00000 in India and INR 20,00000 for Abroad.
Loan Repayment Duration starts from 3-7 years.
3) Tamil Nadu Mercantile Bank
Available for students who hold admission in India and Abroad.
Available for all PG and UG courses.
Maximum Loan for studying in India is INR 10,00000 and for Abroad is INR 20,0000.
Other Banks Which Provide Loans for Students at a reasonable interest rates are
- Axis Bank
- Canara Bank
- Karur Vysya Bank
- City Union Bank
- Citi Bank
- Hdfc Bank
- Icici Bank
- Kotak Mahindra Bank
- Federal Bank
- Corporation Bank
- Indian Bank
- Indian Overseas Bank
- Bank Of Baroda
- Ing Vysya Bank
