Bank of Baroda Education Loan
Bank of Baroda | EDUCATION LOAN
About Bank of Baroda: Bank of Baroda, formally known as BOB, is one of Indias largest public sector banks, founded on July 20, 1908, by Sayajirao Gaekwad III. With 131 million customers, it is the third-largest public sector bank in India.
Detail: The applicant should not be more than 35 years at the time of the loan.
Annual Percentage Rate (APR): 7.70% to 7.95%
HDFC Bank Education Loan
About HDFC Bank: Bank Limited is a financial and financial services company in India that was founded in August 1994. The bank provides services to various internet companies and financial institutions. The bank is headquartered in Mumbai, Maharashtra.
Detail: An Indian resident should be at least 16 years and should no be older than 35 years at the time of loan.
Annual Percentage Rate (APR): 9.40% to 13.30% p.a.
ICICI Bank Education Loan
About ICICI Bank: ICICI Bank Limited, commonly known as ICICI Bank, is an Indian multinational banking and financial services company that was inaugurated on January 5, 1994. Its registered office is located in Vadodara, Gujarat, and its corporate office is in Mumbai, Maharashtra.
Detail: Candidate’s age should be between 17 years to 35 years to be eligible for a education loan.
Annual Percentage Rate (APR): 10.50 %
IndusInd Bank Education Loan
IndusInd Bank | EDUCATION LOAN
About IndusInd Bank: IndusInd Bank Limited is one of Indias largest banks and a new-generation Indian bank. It was established by the Hinduja Group on April 31, 1994. The banks headquarters are located in Pune, Maharashtra, and it has been operating continuously since April 1994.
Detail: Candidates should be attained the age of 17 years.
Annual Percentage Rate (APR): 11% to 30.50%
Kotak Mahindra Bank Education Loan
Kotak Mahindra Bank | EDUCATION LOAN
About Kotak Mahindra Bank: Kotak Mahindra Bank Limited is a private sector bank. It offers banking and financial services to retail and corporate customers. The bank was founded by Uday Kotak in February 2003. Uday Kotak has been the CEO of Kotak Mahindra Bank since May 1, 2018.
Detail: The applicant should be at least 17 years old at the time of the loan.
Annual Percentage Rate (APR): 10.25%
RBL Bank Education Loan
About RBL Bank: RBL Bank is one of Indias most popular banks, established in 1943, with its regional headquarters located in Mumbai, Maharashtra. According to sources, the bank had a workforce of 5,843 employees as of 2019. It offers a wide range of banking products and services to all its customers, including consumer banking, corporate banking, finance, and insurance.
Detail: The applicant should be at least 17 years old at the time of the loan.
Annual Percentage Rate (APR): --
Tata Capital Limited Education Loan
Tata Capital Limited | EDUCATION LOAN
About Tata Capital Limited: Tata Capital Limited, formally known as Tata Capital, is a financial and investment services provider company in India. The companys corporate office is located in Mumbai. It has over 100 branches across the country. Tata Capital offers consumer loans, wealth management, commercial finance, and infrastructure finance.
Detail: The candidate should be between 16 to 26 years of age at the time of applying for a loan.
Annual Percentage Rate (APR): 10.99%
Incred Finance Education Loan
Incred Finance | EDUCATION LOAN
About Incred Finance: Incred Finance is an Indian non-banking financial company (NBFC) founded in 2016 by Bhupinder Singh. It has been operating continuously since 2016. The company offers home loans, education loans, consumer loans, and SME business loans. Its headquarters are located in Mumbai, Maharashtra.
Detail: Maximum age of Applicant: 26 years Minimum age of Applicant: 16 years
Annual Percentage Rate (APR): 11%- 13%
Bajaj Finserv Education Loan
Bajaj Finserv | EDUCATION LOAN
About Bajaj Finserv: Bajaj Finserv Limited, formally known as Bajaj Finserv, is a non-banking financial company headquartered in Pune and founded by Jamnalal Bajaj in May 2007. The company has been operating continuously since May 2007.
Detail: The applicant should be 23 years of age to be eligible for a loan.
Annual Percentage Rate (APR): 12.99%
Union Bank of India Education Loan
Union Bank of India | EDUCATION LOAN
About Union Bank of India: Union Bank of India is one of the largest banks established in India, engaged in providing commercial banking services. The bank offers services in corporate and wholesale banking, retail banking operations, treasury operations, and other banking services. In addition, the bank also provides personal and corporate loans. The bank was founded on November 11, 1919. Its head office is currently located in Mumbai, India.
Detail: The applicant should not be more than 35 years at the time of the loan.
Annual Percentage Rate (APR): 12.25% (fixed)
Indian Bank Education Loan
About Indian Bank: Indian Bank is one of Indias most popular banks, established in 1907. It is one of the top-performing public sector banks in India. The bank offers a wide range of banking products and services to all its customers. As of 2019, the bank had a total of 20,924 employees.
Detail: 1) Insurance Cover under the 'New IB Jeevan Vidya' scheme. 2) Reasonable rate of interest 3) Minimum age - 18 years.
Annual Percentage Rate (APR): 12.50% per annum
Federal Bank Education Loan
About Federal Bank: Federal Bank Limited is one of the most popular Indian private sector banks. It is headquartered in Aluva, Kochi. It provides banking and financial services. As of 2021, Federal Bank has over 1250 branches spread across India. Additionally, Federal Bank has branches in Abu Dhabi, Qatar, Kuwait, Oman, and Dubai.
Detail: Interest rates on Education Loans are floating, and vary with the changes in MCLR.
Annual Percentage Rate (APR): 10.90%
UCO Bank Education Loan
About UCO Bank: UCO Bank, also known as United Commercial Bank, is one of the largest nationalized banks in India. It was founded in 1943 in Kolkata by Ghanshyam Das Birla. Currently, it is owned by the Ministry of Finance, Government of India. It offers a wide range of banking and financial services. As of 2021, the bank was ranked 80th on the Fortune India 500 list.
Detail: The applicant age must be above 21 years at the time of applying for a loan.
Annual Percentage Rate (APR): 9.30% p.a.
Canara Bank Education Loan
About Canara Bank: Canara Bank is one of the public sector banks in India. The bank is wholly owned and controlled by the Ministry of Finance, Government of India. It offers a wide range of consumer banking services, including savings accounts, current accounts, short-term and long-term loans, and other banking services. The bank has become very popular among people due to its excellent banking services.
Detail: Individuals can apply for an education loan from Canara bank at a starting interest rate of 10.75% p.a. onwards.
Annual Percentage Rate (APR): 10.75% - 11.25%
Avanse Finance Education Loan
Avanse Finance | EDUCATION LOAN
About Avanse Finance: Avanse Financial Services Ltd. is an education-focused NBFC on a mission to provide affordable education financing to every eligible student. Avanse Financial Services covers the entire spectrum of the education ecosystem, from school education to post-graduation and financing of educational infrastructure. Avanse Financial Services provides loans to students with up to 100% financing.
Detail: To get an education loan from Avanse Finance Limited, students should be 18 years old and above.
Annual Percentage Rate (APR): 11.5%
