Education Loan Interest Rates

Interest Rate 8.40% onwards
Minimum Tenure (excluding grace period) 5 years
Moratorium Period (after course completion) 1 years
Minimum Loan amount Rs. 50,000
Maximum Loan without collateral Rs. 4,00,000
Maximum Tenure 15 years

Compare Education Loan Interest Rate

Bank Education Loan Interest Rates in India Education Loan Interest Rates in Abroad
Avanse DHFL Education Loan 11.50% 11.50%
Axis Bank Education Loan 13.70% 13.70%
Bank of Baroda Education Loan 8.40% 9.15%
Bank of India 9.85% 9.85%
Bank of Maharashtra 10.25% 10.25%
Canara Bank 9.95% 9.95%
Central Bank of India 10.10% 10.00%
Corporation Bank 10.90% 10.90%
Federal Bank 10.85% 10.85%
IDBI Bank 9.50% 9.50%
Indian Bank 8.60% 10.60%
Indian Overseas Bank 10.65% 10.65%
Karnataka Bank 10.90% 10.90%
Karur Vysya Bank 11.35% 11.35%
OBC 10.40% 10.40%
PNB 8.45% 10.45%
SBI 8.85% 10.00%
UCO Bank 10.65% 10.65%
Union Bank of India 10.20% 10.20%
United Bank of India 10.50% 10.50%

Eligibility Criteria for Education Loans

The age of the candidate should fall inside the bracket of eighteen to thirty five years throughoutapplication. He/she should be undergoing a graduate/postgraduate degree or a PG certificate. The soulought to have a secured admission during afaculty or university connected by UGC/AICTE/Govt.
Age: Minimum- eighteen years Maximum- thirty five years
University Applied to: Recognised – In India/A…
Admission Status: Confirmed