Education and Career Forum

Hello Sir, I have heard that Andhra Bank is giving insurance for those candidate who is taking education loan through this banks? Is it true or false? Because I have heard but I want to confirm first then I will move ahead to apply for loan.

Yes, it is true that Andhra Bank provides insurance under Education Loan scheme.

You can get detailed information at;
https://www.andhrabank.in/English/EduLoans.aspx

Originally Posted by Unregistered

Hello Sir, I have heard that Andhra Bank is giving insurance for those candidate who is taking education loan through this banks? Is it true or false? Because I have heard but I want to confirm first then I will move ahead to apply for loan.

Andhra Bank may arrange for the Life Insurance or Liability Insurance policy (with the consent of the student) for the student borrower.

The above given facility is not mandatory, it is up to the students to decide. Therefore, applicant has to contact the Andhra Bank for more details regarding insurance details.