Education Loan Comparision
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Education Loan Comparision
|
Name of The Bank |
Education Type |
Interest Rate % |
Repayment |
Covered |
|
Allahabad Bank |
India |
10.5 – 11.25 |
Repayment Holiday / Moratorium is Course Period + 1 year or 6 months after getting job, whichever is earlier. | Fee payable to College/ School/ Hostel, Examination/ Library/ Laboratory Fee, Purchase of Books/ Equipments/ Instruments/ Uniforms, Caution Deposit/ Building Fund/ Refundable Deposit supported by Bills/ Receipts of the Institution, Travel Expenses, Purchase of Computers, Insurance premium for student borrower, Study Tours, Project Work, and Thesis |
|
Abroad |
||||
|
Andhra Bank |
India |
13.00 |
Repayment Holiday / Moratorium is Course Period + 1 year or 6 months after getting job, whichever is earlier. |
Fee payable to Tuition, Hostel, Examination, books, project work, study tours, refundable deposits |
|
Abroad |
Fee payable to Tuition, Hostel, Examination, books, project work, study tours, refundable deposits, air passage and maintenance |
|||
|
Axis Bank |
India |
15.75 |
Repayable in maximum 7 years |
Tuition fees, hostel charges (if any), cost of books, etc
|
|
Abroad |
||||
|
Bank of Baroda |
India |
12.0 |
Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) |
Fees payable to College / Examination / Library / Laboratory / Hostel / Purchase of books / equipments / instruments, Purchase of Computer / Caution deposit / building fund |
|
Abroad |
||||
|
Bank of India |
India |
10.5 |
Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) |
Fee payable to college / hostel / Examination / Library / Laboratory / Purchase of books / equipments / instruments / Caution deposit / building fund / Purchase of computer |
|
Abroad |
||||
|
Bank of Maharashtra |
India |
11.5 |
Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) |
Tuition fees, hostel expenses, purchase of books / equipments / instruments |
|
Abroad |
Tuition fees, hostel expenses, purchase of books / equipments / instruments, travel expense | |||
|
Canara Bank |
India |
15.75 |
Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) |
Course fees, purchase of books, equipments, instruments, payment of hostel fees, examination fees |
|
Abroad |
Course fees, purchase of books, equipments, instruments, payment of hostel fees, examination fees, study tours, passage expenses | |||
|
Catholic Syrian Bank |
India |
15.75 |
Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) |
Course fees, purchase of books, equipments, instruments, payment of hostel fees, examination fees |
|
Abroad |
Tuition fees, cost of Books, purchase of computer, refundable deposits supported by bills, receipts | |||
|
Central Bank of India |
India |
10.0 |
|
Fee payable to College / Hostel, Examination / Library / Laboratory, Purchase of books / equipments / instruments, Caution deposit / building fund, Purchase of computer |
|
Abroad |
Fee payable to College/Hostel, Examination / Library / Laboratory, Purchase of books / equipments / instruments, Caution deposit / building fund, Purchase of computer, Travel expenses / passage of money | |||
|
Corporation Bank |
India |
13.5 |
|
Fee payable to college/ school/ hostel, examination/ library/ laboratory fee, purchase of books/ equipments/ instruments/ uniforms, caution deposit, purchase of computers, insurance premium for student borrower, any other expense like study tours, project work, thesis |
|
Abroad |
Fee payable to college/ school/ hostel, examination/ library/ laboratory fee, purchase of books/ equipments/ instruments/ uniforms, caution deposit, purchase of computers, insurance premium for student borrower, any other expense like study tours, project work, thesis, travel expenses/ passage money | |||
|
Dena Bank |
India |
12.25 – 12.75 |
Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) |
Fee payable to college / hostel, Examination / Library / Laboratory, Purchase of books / equipment / instruments, Purchase of computer |
|
Abroad |
Fee payable to colleges / hostels, Examination / Library / Laboratory, Purchase of books / equipment / instruments, Purchase of computer, Passage fare for travel | |||
|
Catholic Syrian Bank |
India |
15.75 |
Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) |
Course fees, purchase of books, equipments, instruments, payment of hostel fees, examination fees |
|
Abroad |
Tuition fees, cost of Books, purchase of computer, refundable deposits supported by bills, receipts | |||
| Federal Bank |
India |
15.25 | ||
|
Abroad |
||||
|
HDFC Bank |
India |
12.0 – 14.0 |
|
Fee payable to college/ hostel/ Examination/ Library/ Laboratory, Purchase of books/ equipments/instruments, Caution deposit/ building fund, Purchase of computer |
|
Abroad |
Fee payable to college/ hostel/ Examination/ Library/ Laboratory, Purchase of books/ equipments/ instruments, Caution deposit/ building fund, Purchase of computer, Travel expenses/ passage money | |||
| IDBI Bank |
India |
13.5 | Fee payable to college/hostel, Examination/ Library/ Laboratory, Purchase of books/equipment/instruments, Purchase of computer | |
|
Abroad |
Fee payable to college/hostel, Examination/Library/Laboratory, Purchase of books/equipment/instruments, Purchase of computer, Passage fare for travel | |||
| Indian Bank |
India |
12.5 | Repayable in 5 – 7 years | Fee payable to college / hostel / exam, purchase of books / equipments, purchase of computer |
|
Abroad |
fee payable to college / hostel, exam, purchase of books / equipments, purchase of computer, travel expenses / passage money | |||
| Indian Overseas Bank |
India |
12.0 | Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) | |
|
Abroad |
||||
| Oriental Bank of Commerce |
India |
11.5 | Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) | Admission fee / Monthly fee / Examination fee, Books, equipments, expenses of hostel / expenses for study tours, project work, thesis |
|
Abroad |
Admission fee / Monthly fee / Examination fee, Books, equipments, Air fare expenses of hostel, expenses for study tours, project work, thesis | |||
| Punjab & Sind Bank |
India |
13.5 | College/ School/ hostel fee, Examination/ library/ laboratory fee, Purchase of books/ equipments/ instruments/ uniforms, Caution deposit/ building fund/ refundable deposit supported by institution bills/receipts, Purchase of computers, any other expense required to complete the course- like study tours, project work, thesis | |
|
Abroad |
||||
| Punjab National Bank |
India |
12.25 | Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) | Fee payable to College / Hostel, Examination / Library / Laboratory fee, Purchase of books / equipments / instruments, Caution Deposit / Building Fund |
|
Abroad |
Fee payable to College / Hostel, Examination / Library / Laboratory fee, Purchase of books / equipments / instruments, Caution Deposit / Building Fund, Travel Expenses / Passage, Purchase of computers | |||
| State Bank of India |
India |
13.25 | Fees payable to College / hostel / Examination / Library / Laboratory fees / Purchase of Books / Equipment / Instruments / Caution Deposit / Building Fund / Refundable Deposit / Purchase of computer | |
|
Abroad |
Fees payable to college / hostel / Examination / Library / Laboratory fees / Purchase of Books / Equipment / Instruments / Caution Deposit / Building Fund / Refundable Deposit / Travel Expenses / Passage money / Purchase of computer | |||
| State Bank of Bikaner& Jaipur |
India |
11.75 | ||
|
Abroad |
||||
| State Bank of Hyderabad |
India |
13.25 | Fee payable to the educational institution, Caution deposit/ building fund/ refundable deposit supported by institution bills/ receipts | |
|
Abroad |
||||
| State Bank of Indore |
India |
13.0 | ||
|
Abroad |
||||
| State Bank of Mysore |
India |
13.25 | Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) | Tuition and other fees / maintenance costs / books and equipment |
|
Abroad |
Tuition and other fees / maintenance costs / books and equipment and cost of passage | |||
| UCO Bank |
India |
12.5 | Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) | Course Fees, Hostel fees, Books, Equipment, Computers, Examination / Library / Laboratory fees |
|
Abroad |
Course Fees, Hostel fees, Books, Equipment, Computers, Examination / Library / Laboratory fees, Travel Expense | |||
| State Bank of Travancore |
India |
12.75 | Tuition\ Examination\ Library\ Laboratory fee, cost of books\ purchase of Computers\ equipments\ instruments\ uniforms, cost of passage for studies abroad. Caution Deposit, Building Fund, Refundable deposit subject to 10% of the tuition fee, expenses required for study, tours, project work, thesis | |
|
Abroad |
||||
| Syndicate Bank |
India |
10.5 | fee payable to college/ school/ hostel, examination fee, cost of books | |
|
Abroad |
||||
| Union Bank of India |
India |
12.5 | Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) | |
|
Abroad |
||||
| United Bank of India |
India |
11.25 | Fees payable to college/ school/ hostel, examination/ library/ laboratory fee, purchase of books/ equipments/ instruments/ uniforms, caution deposit/ building fund/ refundable deposit supported by Institution bills/ receipts, purchase of computer, any other expenses required to complete the course like study tours, project work, thesis | |
|
Abroad |
||||
| Vijaya Bank |
India |
11.25 | Repayment starts 1 year after course completion / 6 months after obtaining employment (whichever earlier) | ee payable to college / hostel / Examination / Library / Laboratory, Purchase of books / equipments / instruments, Caution deposit / building fund, Purchase of computer |
|
Abroad |
fee payable to college / hostel / Examination / Library / Laboratory, Purchase of books / equipments / instruments, Caution deposit / building fund, Purchase of computer, Travel expenses / passage money | |||
| Cosmos Bank |
India |
13.00 %Male 12.00 % Female | Course period + 1 year or 6 months after getting job, whichever is earlier.Simple interest will be charged during the Repayment holiday/ Moratorium period The accrued interest during the repayment holiday period will be added to the principal and repayment in Equated Monthly Installments (EMI) fixed. | Fee payable to college/ school/ hostel. Examination/ Library/ Laboratory fee.Purchase of books/ equipments/ instruments/ uniforms ,Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts, subject to the condition that the amount does not exceed 10% of the total tuition fees for the entire course. Purchase of computers – essential for completion of the course.Insurance premium for student borrower. Any other expense required to complete the course – like study tours, project work, thesis, etc. |
|
Abroad |
Fee payable to college/ school/ hostel. Examination/ Library/ Laboratory fee.Purchase of books/ equipments/ instruments/ uniforms ,Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts, subject to the condition that the amount does not exceed 10% of the total tuition fees for the entire course. Purchase of computers – essential for completion of the course.Insurance premium for student borrower. Any other expense required to complete the course – like study tours, project work, thesis, etc. Travel expenses / passage money | |||
| State Bank of Patiala |
India |
Up to Rs. 4lacs 11.75% Above Rs. 4 lacs 13.50% |
Course period + 1 year or 6 months after getting job, whichever is earlier. | Fee payable to college/ school/ hostel. Examination/ Library/ Laboratory fee.Purchase of books/ equipments/ instruments/ uniforms ,Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts, subject to the condition that the amount does not exceed 10% of the total tuition fees for the entire course. Purchase of computers /two wheeler– essential for completion of the course. Insurance premium for student borrower. Any other expense required to complete the course – like study tours, project work, thesis, etc. |
|
Abroad |
Fee payable to college/ school/ hostel. Examination/ Library/ Laboratory fee.Purchase of books/ equipments/ instruments/ uniforms ,Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts, subject to the condition that the amount does not exceed 10% of the total tuition fees for the entire course. Purchase of computers – essential for completion of the course.Insurance premium for student borrower. Any other expense required to complete the course – like study tours, project work, thesis, etc. Travel expenses / passage money | |||
| J&K Bank |
India |
Upto Rs 25000/=10.50,Above Rs.0.25 lacs & upto Rs.5.00 lacs11.50,
Above Rs.5.00 lacs & upto Rs10.00lacs12.50, Above Rs.10.00lacs& upto Rs.20.00lacs 14.50 |
Course period + 1 year or 6 months after getting job, whichever is earlier. | |
|
Abroad |
Interest rates are subject to change from time to time. Visit your Bank for updates.
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