Can I get student loan of 25 lakhs?

Can I get student loan of 25 lakhs?

Under education loan scheme, you can get a maximum of 15 lakhs for studies in India and more 25 lakhs for abroad studies. However, if your loan amount is between 4 lakhs and 7.5 lakhs, you will have to provide third party guarantee to the bank.

Can I get 30 lakh education loan for MBBS?

80 Lakhs to pursue MBBS in India. These are mostly secured loans that require you to pledge equivalent collateral. Taking an Rs….Can I Get An Educational Loan Of 25 Lakhs For Mbbs Study.

READ ALSO:   How much does a private Hajj cost from India?
Bank Name Loan Amount
HDFC Bank Up To Rs.10 Lakhs
IDBI Bank Up To Rs.30 Lakhs
SBI Up To Rs.30 Lakhs
Axis Bank Up To Rs.75 Lakhs

Which bank is best for education loan for MBBS?

Comparison of Top 5 Medical Students Education Loan Offers 2021

Education Loan Schemes Interest Rate Maximum Tenure
Axis Bank 13.70\% p.a. onwards 15 years
Bank of Baroda 6.50\% p.a. onwards 15 years
Canara Bank 7.25\% p.a. onwards 15 years
Federal Bank 10.05\% p.a. onwards 15 years

Can I get 50 lakhs education loan for MBBS?

What is the Maximum Education Loan in India for MBBS? Public Sector Banks provide loan up to an amount of 50 lakhs for medical colleges. In case you want admission into a private medical college, higher loan amounts are required for the completion of course.

Which bank is best for overseas education loan?

Top Education Loans Providers in India for Study Abroad

  • HDFC Bank. HDFC Bank offers education loans with preferential interest rates for reputed universities.
  • State Bank of India.
  • Axis Bank.
  • Punjab National Bank.
  • Bank of Baroda.
  • Canara Bank.
  • IDBI Bank.
  • Avanse Financial Services.
READ ALSO:   Is Xamarin the best cross-platform?

Which bank is best in India for international students?

Table of Contents

  • Best Banks for Students in India. ICICI Bank Campus Account. PNB Student Savings Account. HDFC Zero Balance Account. HDFC DigiSave Youth Account. SBI Zero Balance Savings Account.
  • Advantages of Zero Balance Savings Account for Students.
  • Minimum Requirement of a Student from a Bank.

Why choose Indian Overseas Bank for education loan?

The loan is provided to individuals who wish to enrol for technical or professional courses abroad as well. Indian Overseas Bank offers education loans at attractive interest rates. Co-obligation of parents.

What is the maximum amount of Education Loan in India?

Quantum of Loan: Indian Overseas Bank sanctions education loans up to a maximum loan amount of Rs. 30 lakhs for studies in India and up to Rs. 40 lakhs for education abroad.

What is the Education Loan Scheme under IOB?

IOB’s education loan scheme offered to meritorious students in need of financial support. Indian Overseas Bank Education Rate of Interest No joint-borrowers are required for education loan schemes under IOB for a loan up to INR 4 Lacs. The repayment period of IOB ranges between 5-7 years.

READ ALSO:   Which Royal Canin is best for 2 month old puppy?

How much student loan can I get without collateral in India?

Public banks – Public banks like SBI, BOB, etc according to their policies can only provide up to 7.5 lakhs student loan without collateral irrespective of the course and country. But for some top-tier institutes in India, you can avail up to 40 lakhs of unsecured education loans from SBI.