Educational  Loans -

Public Sector Banks  ---  Private Banks -- Foreign Banks  -- Banking on Student Loans (Interests)

Dr Pattabhi Vidya Jyothi Scheme
(Educational loan - study in India / Abroad )

Rs.7.50 Lakh for studies in India

Rs. 15.00 Lakh for Studies Abroad

Studies in India - Max Rs.7.50 lakh.
Studies Abroad - Max Rs.15 lakh.
Eligibility : Should be an India National
* Secured admission to professional/ technical courses through Entrance Test/ Selection process
* Secured admission to foreign university/ Institution
Margin :
For loans up to Rs.4.0 lacs : No Margin
For loans above Rs.4.0 lacs:
Studies in India: 5%
Studies Abroad: 15%

For more details :
www.sbi.co.in

Offers From Rs. 4,000 to Rs. 1 Lakh for Inland studies, Rs 5 to 8 Lakhs for foreign studies.

(I) School / College education in India: Upto 6 times the monthly net (take home) income of the   parents / guardian. Minimum loan of Rs.4,000/-. Minimum Rs.1 lakh.

(ii) Technical / Professional higher studies in India and Abroad : 90% of the cost of study, subject to maximum of Rs.8 lakhs.

For more details : 

S.B.H. Education Loans

Vidya Vardhini Scheme

For studies in India  - Max. Rs.7.5 lakhs

For studies abroad    -   Rs.15 lakhs

Security : Upto Rs.4 lakhs -Nil

Above Rs. 4 Lakhs - Suitable values

Upto Rs.4 lakhs  - PLR

                         -Presently 11.50%
Above Rs.4 lakhs - PLR+1%

                       -  Presently 12.50%

For more details : 

Bank of India - Education Loans

Purpose : Purchase of Brand New Electro-medical/other sophisticated equipments Personal Computers with software & UPS .

Eligibility : RMPs with one year experience of 23 to 60 years age

Quantum: Maximum Rs 25 Lakhs

Margin :  Minimum 25%

For more details:

Corporation Bank

Eligibility Conditions :
Need based finance is permitted within a maximum of Rs.7.50 lakhs for inland.  Rs.15 lakhs for study abroad.

Institutions offering courses should have approval of Central Govt. & State Govt./University affiliation/Autonomous Institutes/AICTE/DOEACC

For more details : 

Canara Bank Educational Loans

 Rs. 7.50 lakh for studying in India

 Rs. 15.00 lakh for studying abroad

You can pay back your loan 6 - 12 months after you complete the course. Repay the loan in equal monthly Instalments for a maximum period of 5 - 7 years excluding holiday period.

For more details : 

IOB Educational Loans

1. Medical practitioners   

             Rs 5.00 lakh  - Rs 10.0 lakh.

2. Other professionals     

            Rs 5.00 lakh - Rs    5.00 lakh.

Margin: Nil up to Rs.25000/-.  25% Above Rs. 25000/-

For more details : 

Punjab National Bank

Interest : Upto Rs.4.00 lacs : Nil

Above Rs.4.00 lacs : Studies in India 5%

Studies in Abroad 15%

Simple interest to be charged at quarterly rest during the repayment holiday / Moratorium period

For more details : 

Bank of Baroda- Educational Loans

Public Sector Banks :                                

Allahabad Bank .........for more details about loans and savings
       visit website: www.allahabadbank.com

Andhra Bank .........for more details about loans and savings
       visit website: www.andhrabank-india.com

Bank of Baroda   .........for more details about loans and savings
       visit website: www.bankofbaroda.com

Bank of India  .........for more details about loans and savings
       visit website: www.bankofindia.com

Bank of Maharastra  .........for more details about loans and savings
       visit website: www.maharastrabank.com

Canara Bank  .........for more details about loans and savings
       visit website: www.canbankindia.com

Central Bank  .........for more details about loans and savings
       visit website: www.centralbankofindia.co.in

Corporation Bank .........for more details about loans and savings
       visit website: www.corpbank.com

Dena Bank  .........for more details about loans and savings
       visit website: www.denabank.com

Indian Bank  .........for more details about loans and savings
       visit website: www.indian-bank.com

Indian Overseas Bank  .........for more details about loans and savings
       visit website: http://www.iob.com/vjothi.asp

Oriental Bank of Commerce  .........for more details about loans and savings
       visit website: www.obcindia.com

Punjab and Sind Bank..........for more details about loans and savings
       visit website: www.psbindia.com

Punjab National Bank  .........for more details about loans and savings
       visit website: www.pnbindia.com

State Bank of India.........for more details about loans and savings
       visit website: www.sbi.co.in

State Bank of Bikaner and Jaipur  .........for more details about loans and savings
       visit website: www.sbbjbank.com

State Bank of Hyderabad  ............for more details about loans and savings
       visit website: www.sbhyd.com

State Bank of Indore..........for more details about loans and savings
       visit website: www.statebankofindore.com

State Bank of Mysore  .........for more details about loans and savings
       visit website: www.webindia.com/sbm

State Bank of Saurashtra .........for more details about loans and savings
       visit website: www.sbsbank.com

State Bank of Travancore  ..........for more details about loans and savings
       visit website: www.sbtr.com

Syndicate Bank .........for more details about loans and savings
       visit website: www.syndicatebank.com

Uco Bank .........for more details about loans and savings
       visit website:  www.ucobank.com

Union Bank of India .........for more details about loans and savings
       visit website: www.unionbankofindia.com

United Bank of India  .........for more details about loans and savings
       visit website: www.unitedbankofindia.com

Vijaya Bank .........for more details about loans and savings
       visit website:  www.vijayabank.com

Private Banks:                                                                                                                                               Top

Bank of Punjab .........for more details about loans and savings
       visit website: www.bankofpunjab.com

Bharat Overseas Bank .........for more details about loans and savings
       visit website: www.bharatoverseasbank.com

Catholic Syrian Bank .........for more details about loans and savings
       visit website:  www.casybank.com

Centurion Bank .........for more details about loans and savings
       visit website: www.centurionbank.com

City Union Bank ..........for more details about loans and savings
       visit website: www.coimbatore.net/organisations/cityunionbank.html 

Development Credit Bank ..........for more details about loans and savings
       visit website:  www.dcbl.com

Dhanalakshmi Bank ..........for more details about loans and savings
       visit website: www.dhanbank.com

Federal Bank ..........for more details about loans and savings
       visit website: www.federal-bank.com

Global Trust Bank.........for more details about loans and savings
       visit website:  www.globaltrustbank.com

HDFC Bank .........for more details about loans and savings
       visit website: www.hdfc.com

ICICI Bank .........for more details about loans and savings
      visit website:: www.icici.com

IDBI Bank .........for more details about loans and savings
      visit website: www.idbibank.com

Indusind Bank .........for more details about loans and savings
      visit website:  www.indusind.com

Jammu & Kashmir Bank .........for more details
      visit website:   www.jammuandkashmirbank.com

Karnataka Bank .........for more details about loans and savings
      visit website: www.ktkbank.com

Karur Vysya Bank .........for more details about loans and savings
       visit website:  www.kvb.co.in

Lord Krishna Bank  .........for more details about loans and savings
      visit website:  www.lordsbank.com

Nedungadi Bank .........for more details about loans and savings
      visit website:  www.nedungadi-bank.com

Ratnakar Bank  .........for more details about loans and savings
       visit website: www.ratnakarbank.com

Sangli Bank .........for more details about loans and savings
       visit website: www.sanglibankindia.com

SBI Commercial and International Bank .........for more details about loans and savings
       visit website:  www.sbici.com

South Indian Bank .........for more details about loans and savings
       visit website:  www.southindianbank.com

Tamilnad Mercantile Bank .........for more details about loans and savings
       visit website:  www.tamilnadumercantilebank.com

United Western Bank  .........for more details about loans and savings
       visit website:  www.uwbankindia.com

UTI Bank .........for more details about loans and savings
       visit website: www.utibank.com

Vysya Bank .........for more details about loans and savings
       visit website:   www.vysbank.com

Top        

Foreign Banks:      

ABN Amro Bank.........for more details about loans and savings
      visit website:  www.abnamro.com

Abu Dhabi Commercial Bank .........for more details about loans and savings
      visit website: www.adcbindia.com

Bank International Indonesia .........for more details about loans and savings
      visit website: www.bii.co.id

Bank of America .........for more details about loans and savings
      visit website: www.bankofamerica.com

Bank of Bahrain & Kuwait .........for more details about loans and savings
      visit website: www.bbkonline.com

Bank of Tokyo-Mitsubishi .........for more details about loans and savings
      visit website: www.btm.co.jp/english

Barclays Bank .........for more details about loans and savings
      visit website: www.barcap.com

BNP Paribas .........for more details about loans and savings
      visit website: www.bnpparibas.com

Chohung Bank .........for more details about loans and savings
      visit website: www.chb.co.kr/english

Citi Bank .........for more details about loans and savings
      visit website: www.citibank.com

Commerz Bank .........for more details about loans and savings
      visit website : www.commerzbank.com

Credit Agricole Indosuez .........for more details about loans and savings
      visit website: www.ca-indosuez.fr

Credit Lyonnais .........for more details about loans and savings
      visit website:  www.creditlyonnais.com

Development Bank of Singapore .........for more details about loans and savings
      visit website: www.dbs.com

Deutsche Bank .........for more details about loans and savings
      visit website: www.db.com

Dresdner Bank AG .........for more details about loans and savings
      visit website: www.dresdner-bank.de

HSBC .........for more details about loans and savings
      visit website: www.hsbc.co.in 
ING Bank .........for more details about loans and savings
      visit website: www.ing.com 

JP Morgan Chase .........for more details about loans and savings
      visit website: www.jpmorgan.com

KBC Bank .........for more details about loans and savings
      visit website: www.kbc.be

Krung Thai Bank .........for more details about loans and savings
      visit website : www.ktb.co.th

Mashreq Bank .........for more details about loans and savings
      visit website: www.mashreqbank.com

Mizuho Bank .........for more details about loans and savings
      visit website: www.mizuhobank.co.jp/eng

OCBC Bank .........for more details about loans and savings
      visit website: www.ocbc.com.sg

Scotia Bank .........for more details about loans and savings
      visit website: www.scotiabank.com

Societe Generale .........for more details about loans and savings
      visit website: www.socgen.com 

Sonali Bank .........for more details about loans and savings
      visit website: www.sonalibankbd.com

Standard Chartered Bank .........for more details about loans and savings
      visit website: www.standardcharterd.com

State Bank of Mauritius .........for more details about loans and savings
      visit website: www.sbmonline.com

Sumitomo Mitsui Bank .........for more details about loans and savings
      visit website: www.smbc.co.jp/global

Toronto Dominion Bank .........for more details about loans and savings
      visit website: www.td.com

UFJ Bank .........for more details about loans and savings
       visit website: www.ufj.co.jp/english

Top     

  Loan Term

  (years)

Course+1 year or job+6months,

whichever is earlier

Concession of upto 1.5%of loan if repayment starts in study period

Bank of Punjab

12.0

Offers loans upto Rs.25 lakh

12.25

J&K Bank

(12% upto 5 lakh:

11.5% for more

12.0