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23rd November 2015, 10:04 AM
Super Moderator
 
Join Date: Apr 2013
Re: Best Bank To Get A Student Loan

Different banks charge different interest rates for Education loans.

The rate of interest also vary based on
(a) The quantum of the loan;
(b) Period for which loan is intended to be availed
(c) Educational Institute.

It is not possible to give the name of one bank which charges the lowest rate of interest

Here I am giving you the names of some banks along with the interest rates so that you can get some idea about this

Name of Bank Rate of Interest (Range)
Central Bank of India 11.45% - 11.95%

Bank of Baroda 9.90% - 12.40%

United Bank of India 9.90% - 13.50%

IDBI Bank 10.00% - 13.50%

Bank of Maharashtra 11.25% - 12.50%

State Bank of India 11.60% - 13.60%

Allahabad Bank 11.45 - 12.95%

Dena Bank 11.80%

Punjab National Bank 10.00% - 13.00%


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