What is an education loan ?

Education Loan is a loan given to students . Students in their studies  to meet the needs of a financial service , it would meet the purpose of applying the loan . Quality education is definitely important for an individual . Choosing an education loan is a good idea as students travel many miles and the cost of education increases .

State Bank Education Loan Interest Details

State Bank of India 8.15 per cent interest rate for the loan from the student loan offers . Ensures that these are not incarnated for advance payment . It is possible that this debt will be charged at any time . Offer interest and concessional loans to female students . SBI provides loans for students to study not only in India but also abroad .   Details Interest rate 

• SBI student loans range from 8.15 percent to 8.65 percent,
• Life insurance policy 7.50 interest,
• 0.50 % interest concession for female student ,
• Eligibility Citizen of India .

SBI Student Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport-size pictures admission to the certified letter from the institution admission offer letter will be issued .

Punjab National Bank Education Loan Interest Details

PNP offers student loans from an interest rate of 8.30 percent . It provides maximum loan amount to the student based on schemes like Best Education Loan , Skills Education Loan .

 Details Interest rate

• PNP loan above Rs 75 lakh 8.60% pa 60 percent to 9.9 points ,
• PNB is the best education loan of Rs 20 lakh to 8.30 percent pa ,
• PNP Skill Education Loan up to Rs 1.5 lakh 10 point 10 percent pa
• Eligibility Citizen of India .

Punjab National Bank Student Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport Size Images Certificate of Admission Admission letter issued by the educational institution Offer letter .

Bank of India Education Loan Interest Details

Star Of India Bank of India for students , Vidhya offers education loans through credit . Star Scholarships range from 8.5 percent to 9.75 percent for students . Star Vidya Loan offers student loans from an interest rate of 7.25 % .Star Scholarship does not require processing fee to study in India . A processing fee of up to five thousand rupees will be charged for studying abroad .

Details Interest rate

• Star Education Credit 8 point 95 percent to 9.75 percent ,
• Star Vidya loan 7.25 per cent ,
• Eligibility Citizen of India .

Bank of India Education Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport Size Images Certificate of Admission Admission letter issued by the educational institution Offer letter .

Canara Bank Education Loan Interest Details

Canara Bank loan program for students like I.P.A , I.P.A Efficiency Loan Program , Vidya Durant , Vidya power , using programs such as education loan offers . Offers a higher rate of interest rate of 0.50 per cent for female students .

1. The I.P.A model scholarship provides funding for need-based students .
2. I.P.A Skills Credit is a curriculum provided only for courses conducted by online training institutes for the National Skills Qualification Framework .
3. Vidya Durant I.I.M , I.I.T issued  a loan .
4. Vidya Shakthi is an educational loan offered for the study of Vocational Education , Credit Certificate , Diploma and Skill Credit .

Details Interest Rates

• I.P.A model education loan scheme up to Rs 75 lakh 9.35 per cent pa
• For female students up to Rs 75 lakh 8.85 per cent above Rs 75 lakh 8.35 per cent pa
• I.P.A Capacity Loan Scheme 8.85 per cent pa
• Vidya Durant power ranges from 7.35 per cent to 9.5 per cent
• Vidya Sakthi and 7.35 per cent pa

Canara Bank Student Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport Size Images Certificate of Admission Admission letter issued by the educational institution Offer letter .

Bank of Baroda Student Loan Interest Details

Bank of Baroda offers education loans to students through programs such as Vidya , Qian , and Scholar . It offers repayments of fifteen years . Processing fee for all programs and all of the Buttocks and there .

1. Vidya is India Baroda debt in 12 installments to pay back the first installment paid is calculated for each year after , 12 months after the first installment to be paid .
2. Gian Baroda, India is Rs 4 lakh rupees to the protection granted 4 million will be provided over the collateral .
3. Premier Institutional Student Loan is an education-only education loan offered to students in India .
4. The Baroda Scholar Scheme will charge a maximum of ten thousand rupees per cent of the processing fee .

Details Interest Rates

• Vidya Education Loan 7.50 per cent to 9.75 per cent ,
• Qian education loan 9.25 % ,
• Premier ranges from 7.25 % to 8.25 % ,
• Scholars range from 8.5 percent to 9.25 percent ,
• Qualified Indian drinking son .

Bank of Baroda Student Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport Size Images Certificate of Admission Admission letter issued by the educational institution Offer letter .

Indian Bank Education Loan Interest Details

Indian Bank offers student loans from 8.5% interest rate . Provides academic credit only to enrolled students . No tuition for up to 15 years .

Details Interest rate

• The interest rate is 8.5 percent loan rate,
• Loan period up to 15 years,
• Indian citizen.

Indian Bank Student Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport Size Images Certificate of Admission Admission letter issued by the educational institution Offer letter .

Central Bank of India Education Loan Interest Details

The Central Bank of India provides education loans to students through programs such as student loans , skill loans , postgraduate degrees , I.I.Ms and other institutions . Provides protection for students with 100% credit .

Student is the lender of student tuition in India and abroad.

1. An Executive MBA is a minimum of 23 years of age as an Indian citizen .
2. I.I.M education loan will be given up to a maximum of Rs 40 lakh . Provides credit and protection in the name of the student .
3. Skill Loan means you must be competent on the basis of education conducted by a government agency .

Details Interest Rates

• 8.5 percent to 9 percent of students
• Postgraduate degrees range from 6.85 percent to 8.25 percent
• Capacity loans range from 8.65 percent to 8.5 percent
• IIM and other firm 6.85 per cent
• Eligibility Citizen of India

Central Bank of India Student Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport Size Images Certificate of Admission Admission letter issued by the educational institution Offer letter .

Indian Overseas Bank Education Loan Interest Details

Indian Overseas Bank offers 10.45 per cent to students . These provide loans through the Education Credit Astrology program for students who wish to pursue undergraduate and diploma courses .

With supplement torch loan provided to the students to study in India and abroad  education loan . Provides Rs 30 lakh for students studying in India and Rs 40 lakh for students studying abroad .

Details Interest Rates

• Vidya Jyoti Education Loan 10.45 % ,
• No processing fee ,
• Qualified Indian Citizen .

Indian Overseas Bank India Student Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport Size Images Certificate of Admission Admission letter issued by the educational institution Offer letter

UCO Bank Education Loan Interest Details

UCO Bank is an educational loan offered to students studying in India and abroad . It offers educational loans to students with a variety of educational programs . This bank will provide students with a long-term opportunity and be comfortable repaying once they join the job .

Details Interest rate

• UCO Bank Student Loan 9 point 55 percent to 9.95 percent ,
• Up to Rs 10 lakh for students studying in India ,
• Up to Rs. 20 lakhs for students studying abroad ,
• There is no processing fee ,
• Loan term 15 years ,
• Eligibility Citizen of India .

UCO Bank India Student Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport Size Images Certificate of Admission Admission letter issued by the educational institution Offer letter .

Union Bank of India Education Loan Interest Details

UPI offers student loans ranging from 6.90 percent to 9.5 percent . Provides loan assistance up to a maximum loan amount of Rs 20 lakh . Students are given a 15- year grace period for which processing fees will be charged .

Details Interest Rates

• Education loan ranges from 6.90 percent to 9.55 percent ,
• Up to a maximum of 25 lakhs ,
• No processing fee ,
• Loan term 15 years ,
• Eligibility Citizen of India .

UBI Bank India Student Loan Documents

Application Form , Voter ID , Passport Ban Card , Driving License ,

Proof of address or place of residence ,

Academic Records Ten , Twelve , Degrees , Admission Results Through which admission is obtained .

Passport Size Images Certificate of Admission Admission letter issued by the educational institution Offer letter .

Conclusion

We hope you have the most useful information .You are more likely to get a Education loan as there is less interest in all government banks to get a Education loan.

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