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  #1  
9th December 2015, 06:07 PM
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Banks which sponsor Education Loan of Rs. 20 Lacs with minimum interest rates to study in Abroad?


Respected Sir,
Which bank has minimum interest rates for Education Loan? What documents are required? I want Education Loan of Rs. 20 Lacs for study in Abroad.




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  #2  
12th December 2015, 12:12 AM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Banks which sponsor Education Loan of Rs. 20 Lacs with minimum interest rates to study in Abroad?

There are many banks which offers education loan of 20 lakhs for studies in abroad. The list of such financial organization is attached below for your kind reference. Most of the banks have same rate of interest as it is regulated by Reserve Bank of India as per market conditions. However, State Bank of India offers one percent lesser interest rate as compared to other banks but has stricter terms and conditions of the education loan. For example, it asks for mortgage for loan above 4.5 lakhs while other banks asks for mortgage when loan is above 7.5 lakhs.
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