#1  
5th October 2018, 06:52 PM
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Which Bank will sanction Education Loan of Rs. 25 Lacs to study MS in USA? Interest rate scheme and mode of repayment?


Hello Sir, I am planning to visit USA for studying MS course. I am also preparing for GRE, TOEFL and IELTS. My people said that the cost of expenses there is above 25 Lacs. So, Bank will sanction me the loan of Rs. 25 Lacs? If yes, then what will be the interest rates and how they get back their money return?




  #2  
13th September 2022, 11:47 AM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Which Bank will sanction Education Loan of Rs. 25 Lacs to study MS in USA? Interest rate scheme and mode of repayment?

There are various banks that provide education loan upto Rs 20 lacs.
In case of need of higher amount , one can talk to the manager of bank.
Some of the banks are

State Bank of India
Bank of Baroda
Punjab National Bank
ICICI Bank
HDFC Bank

Interested candidates can fill the application form online and they can also visit the nearby branch of bank and collect the form from there.

Some of the interest rates
Axis Bank 13-15%
Bank of Baroda 7.99% onwards
HDFC bank 9 to 13%

The repayment of loan is made in Equated Monthly Installment
Do you have any question? or have anything to say?





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