Education Loan (Student Loan)

Educational Loan from most of the PSU and Private banks of India aims at providing financial support from the bank to deserving/ meritorious students for pursuing higher education in India and abroad. The main emphasis is that every meritorious student is provided with an opportunity to pursue education with the financial support on affordable terms and conditions.

However there are some aspects which needs to be looked upon while applying for Education Loan:

Student Should be an Indian National.
Secured admission to professional/technical courses in India or Abroad through Entrance. Test/Merit based selection process.
Good academic career.
The student should not have outstanding education loan from any other Institution.
Father/Mother should be co-borrower.
Branch nearest to the permanent residence of student will consider the loan.