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Old 7th January 2016, 02:47 PM
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Default Banks Offering Student Loans

Can you tell me about Student Loans provided by different Banks in India as I want to apply for one for the education of my children?
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Old 7th January 2016, 03:50 PM
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Default Re: Banks Offering Student Loans

There are lots of Student Loan options and Student Loan schemes being offered by various Banks and Institutions in India. Here are a few Student Loan Resourses which may be of help to you.

Students perusing Higher Education don’t have to struggle hard anymore to finance their Studies as now many Banks in India have are providing student loans. Check out FAQs on Education Loans in India

Some Banks providing Education Loans in India

Andhra Bank
Bank of Baroda
Bank of Punjab
Bharat Overseas Bank
Central Bank of India
City Union Bank
Development Credit Bank
HDFC Bank
Indian Bank
ING Vysya Bank
Karur Vyasa Bank
Punjab & Sind Bank
Saraswat Bank
State Bank of Bikaner & Jaipur
State Bank of Indore
State Bank of Saurashtra
Tamilnad Mercantile Bank Ltd
Union Bank of India
Vijaya Bank
Allahabad Bank
Bank Of India
Bank of Rajasthan
Canara Bank
Centurion Bank of Punjab
Corporation Bank
Dhanalakshmi Bank
HSBC
Indian Overseas Bank
Jammu & Kashmir Bank
Lakshmi Vilas Bank
Punjab National Bank
SBI Commercial and International Bank
State Bank of Hyderabad
State Bank of Mysore
State Bank of Travancore
Thane Janata Sahakari Bank
United Bank of India
Axis Bank
Bank of Maharashtra
Bassein Catholic Bank
Catholic Syrian Bank
Citi Bank
Dena Bank
Federal Bank
ICICI Bank
IDBI Bank
Karnataka Bank
Oriental Bank of Commerce
Ratnakar Bank
South Indian Bank
State Bank of India (SBI)
State Bank of Patiala
Syndicate Bank
UCO Bank
United Western Bank

Name of Bank Loan Amount Rate of Interest per Annum

Axis Bank Up to Rs 20 lakhs 13.75% to 15.75%

Bank of Baroda Up to Rs 20 lakhs 10% for loans up to Rs 4 lakhs and 12% for higher amounts

Canara Bank Up to Rs 20 lakhs 11% for loans up to Rs 4 lakhs, 12% for loans between Rs 4 lakhs and Rs 7.50 lakhs and 9.50% for loans greater than Rs 7.50 lakhs

Credila
(HDFC Bank Company) Up to Rs 20 lakhs 13.5%

ICICI Bank Up to Rs 20 lakhs Up to Rs 4 lakhs no interest above Rs 4 lakhs 15%

Indian Overseas bank Up to Rs 40 lakhs Up to Rs 4 lakhs no interest above Rs 4 lakhs 15%

State Bank of India Up to Rs 30 lakhs Up to Rs 4 lakhs - 13.50%, between Rs 4 lakhs and Rs 7.50 lakhs - 13.75% and above Rs 7.50 lakhs - 11.75%
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