Education and Career Forum

Hello, I want to apply an education loan for studying BTech course. I would like to know that if I apply an education loan from Allahabad Bank then what benefits are available for me? Please let me know about this asap.

Benefits of applying for Education Loan in Allahabad Bank;

1. Low interest rate

2. Less paperwork

3. Faster Disbursal

4. No prepayment charges

5. No security required for loans up to 4 Lakhs.

6. 0.50% concession for girl students

Originally Posted by Unregistered

Hello, I want to apply an education loan for studying BTech course. I would like to know that if I apply an education loan from Allahabad Bank then what benefits are available for me? Please let me know about this asap.

Benefits of applying for Allahabad Bank education loan are given below:

>> Students can get up to Rs 75 Lakhs (depending on the Institutes like IIMs, IITs, CMC-Vellore, ISB-Hyderabad, AFMC-Pune, All AIIMS, Indian Institute of Science-Bangalore, Xavier Institute of Management-Bhubaneswar, Kasturba Medical College-Manipal, Amrita School of Medicine, Kochi, etc.) for studies in India

>> Students can also get education loan up to Rs 75 Lakhs for studies in abroad countries

>> There is no collateral security required for education loans up to Rs 4 Lakhs

>> Meritorious students admitted through Management Quota are also eligible for education loan

>> Students can repay the education loan up to 15 years