Features
Competitive interest rates
Prompt processing
Repayment period - up to 05 years
Existing customers can obtain the loan over the property which has already been mortgaged
The Loan amount that can be obtained under Education loan 70% of property value based on the repayment capacity of applicant's, Guardian/Parent
Eligibility
Who can obtain the loan?
Parent/ Guardian on behalf of their children | Sudents of 18 years and above, who are employed | A parent or potential student can also apply for a joint loan Security.
Purposes for which Education loan is granted
Diplomas and equivalent courses | Diplomas and equivalent courses | HNCs, HNDs, Degrees, Post-graduate degrees
Vocational Trainings | Skill Development Study Courses
Documents Needed
Refer Bank