Allahabad Bank
Allahabad Education Loan |
(BR+3%) 13.75 |
(BR+3%) 13.75 |
(BR+3%) 13.75 |
Floating |
10 |
20 |
Repayment Holiday / Moratorium is Course Period + 1 year~ or 6 months after getting job, whichever is earlier. |
Loan to be repaid within a maximum period of 7 years after commencement of repayment. |
Axis Bank
Education loan |
(BR+7%) 17.00 |
(BR+8%) 18.00 |
(BR+6%) 16.00 |
Floating |
10 |
20 |
Course period + 1 year OR 6 months after getting job, whichever is earlier.'. |
The loan will be repaid in 5-7 years after commencement of repayment |
Bank of Baroda
Baroda Gyan |
(BR+2%) 12.75 |
(BR+4%) 14.75 |
(BR+4%) 14.75 |
Floating |
10 |
20 |
Course period + 1 year or 6 months after getting job, whichever is earlier. |
The loan is repayable in 5-7 years after the above period. |
Bank of India
Star Education Loan |
(BR+3%) 13.75 |
(BR+3%) 13.75 |
(BR+2.5%) 13.25 |
Floating |
10 |
20 |
Course period + 1 year or 6 months after getting job, whichever is earlier. |
The loan is to be repaid in 5-7 years after commencement of repayment. |
Bank of Maharastra
Education Loan Scheme |
(BR+2%) 12.70 |
(BR+2.75%) 13.45 |
(BR+2.75%) 13.45 |
Floating |
10 |
20 |
Course period + 1 year or 6 months after getting job, whichever is earlier. |
The loan is to be repaid in 5-7 years after commencement of repayment. |
Canara Bank
Education Loan Scheme |
(BR+3%) 13.25 |
(BR+4%) 14.25 |
(BR+2%) 12.25 |
Floating |
10 |
20 |
Course period + 1 year or 6 months after getting job, whichever is earlier. |
The loan is to be repaid in 5-7 years after commencement of repayment. |
Central Bank of India
Cent Vidyarathi |
(BR+2.00%) 12.75 |
(BR+2.00%) 12.75 |
(BR+2.00%) 12.75 |
Floating |
10 |
20 |
Course period + 1 year or 6 months after getting job, whichever is earlier |
Loan is to be repaid in 5 to 7 years after commencement of repayment |
Corporation Bank
Corp Vidya |
( BR+1.6%) 12.25 |
(BR+2.6%) 13.25 |
(BR+2.1%) 12.75 |
Floating |
10 |
20 |
Repayment holiday is course period + 1 year OR 6 months after getting the job whichever is earlier |
The loan to be repaid within a period of 7-10 years after completion of repayment holiday |
IDBI Bank
Education Loan |
(BR+2.5%) 13.25 |
(BR+2.75%) 13.5 |
(BR+2.25%) 13.00 |
Floating |
10 |
20 |
The repayment of loan to begin after the course period + 1 year or 6 months after getting a job, whichever is earlier. |
The loan to be repaid within 5-7 years (maximum tenor 84 months) after commencement of repayment. |
Indian Bank
Educational Loan |
(BR+ 3.25%) 14.00 |
(BR+ 3.25%) 14.00 |
(BR+3.50%) 14.25 |
Floating |
10 |
20 |
The course period + 1 year or 6 months after getting a job, whichever is earlier. |
Repayable in 5- 7 years. |
Oriental Bank of Commerce
Education loan |
(BR+2.75%) 13.50 |
(BR+3.50%)~14.25 |
(BR+3.50%)~14.25 |
Floating |
10 |
20 |
Within 84 EMIs commencing 12 months after course or 6 months after getting the job, whichever is earlier. |
Repayable in 5- 7 years. |
Punjab National Bank
Vidyalakshyapurti |
(BR+ 2.50%) 13.25; (BPRL-0.50%) 11.25 |
(BR+ 3.50%) 14.25 ; (BPRL-0.25%) 11.00 |
(BR+3.00%) 13.75 ; (BPRL-0.25%) 11.00 |
Floating |
10 |
20 |
Course period + 1 year OR 6 months after getting job, whichever is earlier. |
Principal and interest is to be repaid in 5-7 years after commencement of repayment. |
UCO Bank
Education loan |
(BR+3%) 13.72; (BPLR--1.00%) 11.75 |
(BR+3.75%) 14.50 ; (BPLR-0.5%) 11.25 |
(BR+3.75%) 14.50 ; (BPLR-0.5%) 11.25 |
Floating |
10 |
20 |
There will be moratorium for repayment during 'the course period +1 year or 6 months after getting job, which ever is earlier'. |
The loan will be repaid in 5-7 years after commencement of repayment |
United Bank of India
United Education Loan Scheme |
(BR+2%) 12.60 |
(BR+2.75%) 13.35 |
(BR+2.75%) 13.35 |
Floating |
10 |
20 |
Course period plus 2 years or 6 months after getting job whichever is earlier |
Loan is to be repaid in 5 to 7 years after commencement of repayment |
Vijaya Bank
Education loan |
(BR+2.75%) 13.40 |
(BR+2.75%) 13.40 |
(BR+2.75%) 13.40 |
Floating |
10 |
20 |
Repayment will commence one year after completion of the course or 6 months after securing a job, whichever is earlier'. |
Upto 7.5 lakh repayment in 5-7 yrs,Above 7.5 lakh repayment in 5-10 yrs |
