Education and Career Forum

Hello sir, I have completed 12th (PCB) with 65% marks and want to study MBBS course form Ukraine. Please tell me which bank should I approach for an education loan of 14 lakh? Will banks provide loan for books and accommodation?

The banks in which you can apply from are:
Giving you the name of bank,loan amt.and rate of interest.
>> Axis Bank; Up to Rs 20 lakhs ;13.75% to 15.75%
>> Canara Bank; Up to Rs 20 lakhs ;11% for loans up to Rs 4 lakhs, 12% for loans between Rs 4 lakhs and Rs 7.50 lakhs and 9.50% for loans greater than Rs 7.50 lakhs
>> Credila (HDFC Bank Company) ;Up to Rs 20 lakhs ;13.5%
>> State Bank of India ;Up to Rs 30 lakhs ;Up to Rs 4 lakhs - 13.50%, between Rs 4 lakhs and Rs 7.50 lakhs - 13.75% and above Rs 7.50 lakhs - 11.75%

In order to be sure of your latter question you will need to talk to the branch manager. Some banks provide loan for books and accommodation but you have to be sure of the terms and conditions of the loan type.

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