2 December 2013

How to Apply for Education Loan | Interest Rates All Banks Lists

How to Apply for Education Loan | Interest Rates All Banks Lists : 1. Education loan presents economic assistance to those scholars who have the needed talent and abilities to make a assess in future but don’t have enough cash for higher Education. There is a entire list of banks which constitute almost banks present today and offer informative borrowings to students at different interest rates and almost same situation.

How to Apply for Education Loan2. Through this item, we will study on How to Apply for Education Loan and supply Banks List with smallest Interest Rates.

3. Education loan covers different costs including tuition fees and other costs and the repayment of it starts only after one year of the completion of the events OR six months after getting a job, whichever is previous. The period of repayment can extend for about 5-7 years. Only the interest has to be paid throughout the tenure of the programme.


Education loan documents required India
Education Loan in India for Study Abroad offering for various banks list
Panjab National bank education loan
Syndicate bank education loan
Union bank of India education loan

Bank
1 Year to < 2 years
2 Years to < 3 years
3 Years to < 5 years
More than 5
8.75%
8.50%
8.50%
8.00%
Andhra Bank
9.25%
8.50%
8.60%
8.00%
Axis Bank
9.25%
8.50%
8.50%
8.50%
9.35%
9.00%
8.50%
8.50%
9.25%
8.25%
8.25%
7.00%
Bank of Maharashtra
8.30%
8.60%
8.60%
8.30%
Canara Bank
9.10%
9.25%
8.75%
8.75%
9.25%
8.75%
8.80%
8.80%
9.00%
9.00%
9.00%
8.75%
8.50%
9.25%
8.25%
8.25%
ICICI Bank
9.25%
9.25%
8.75%
8.75%
IDBI Bank
9.25%
9.25%
9.00%
9.00%
Indian Bank
9.50%
8.50%
8.50%
8.00%
Indian Overseas Bank
9.25%
8.75%
9.00%
9.00%
Indus Ind Bank
9.00%
8.75%
9.50%
8.75%
J&K Bank
9.50%
8.75%
8.50%
8.50%
Karnataka Bank
9.75%
9.50%
9.25%
8.75%
Karur Vysya Bank
10.25%
9.75%
9.00%
9.00%
Kotak Bank
9.25%
9.40%
9.25%
9.25%
PNB




Punjab and Sind Bank
9.55%
9.60%
9.05%
8.75%
South Indian Bank
9.75%
8.75%
8.75%
8.25%
%
9.25%
8.75%
8.75%
8.75%
9.25%
8.25%
8.50%

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How to Apply for Education Loan | Interest Rates All Banks Lists
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