Education Loans in India

Students who are interested in further studies and running short of financial resources, need not worry any more that a wide range of Education loans are available in almost all the nationalized and private Banks of India. There are loans offered in different categories in terms of duration, terms and merits and are offered to deserving students pursuing education either in India or abroad.

According to the RBI guidelines, for studies within the country the ceiling of the loans provided is approximately Rs.7.5 lac, while it is Rs.15 lac for higher studies abroad.

The types of the student loan schemes available in the banks in India differ from Bank to Bank. The names of the schemes also vary from Bank to Bank.

Graduation/Post graduation/Professional course in any discipline or any other course approved by Government. Generally, all employment generating courses are eligible for education loans.

• Allahabad Bank Educational Loans

  The main objectives of the Education Loan provided by Allahabad Bank are to assist the poor and needy to undertake basic education and to assist the meritorious students to pursue higher/professional/technical education........

• Bank of Baroda Education Loans

  Bank of Baroda provides diffrent type of loan product specially designed for students pursuing school education,students pursuing Graduation and higher education,for Executive Development. Bank of Baroda extends a helping hand to energize your studies and promote education of the youth...........

• Bank of India Education Loans

  Name of the Loan that is offered for students for educational purposes in the bank of India is "Star Educational Loans". This Educational Loan Scheme aims at providing financial support from the bank to deserving/meritorious students for pursuing higher education ...........

• Indian Bank Education Loans

  Name of the Loan that is offered for students for educational purposes in the bank of India is "Star Educational Loans". This Educational Loan Scheme aims at providing financial support from the bank to deserving/meritorious students for pursuing higher education ...........

• Syndicate Bank Education Loans

  Indian Bank offers educational loans for students to acquire knowledge and skill in the field of their interest. The loan amount will generally will take care of the costs of education such as covering tuition fees, Exam fees, Development fees, Hostel fees, books, instruments etc.............

• Indian Overseas Bank Education Loans

  Through "Vidya Jothi Scheme" Indian Overseas Bank offers educational loans to the deserving or meritorious students to pursue their studies..........

• Punjab national Bank Education Loans

  Punjab National Bank offers educational Loan to the deserving students on the name of "Vidya Lakshya Purti" scheme. The Scheme enables all type of needy students viz., students of +2 stage, Graduation courses - B.A., B.Com., B.Sc., etc., Post-Graduation courses etc.........

• State Bank Of India Education Loans

  State Bank of India offers term loan facility to Indian Nationals for pursuing higher education in India or abroad where admission has been secured.........