#1  
4th January 2022, 08:40 PM
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Education loan for staff for study abroad? What is the interest rate?


My daughter is working in sbi she wants 4000000 education loan what is the interest rate for study abroad?




  #2  
8th January 2022, 09:31 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Education loan for staff for study abroad? What is the interest rate?

Top education loan providers in India for study abroad
HDFC Bank
Axis Bank
PNB Bank
Canara bank
IDBI Bank
Avanse Financial services etc
If one is looking for unsecured loan , they can offer upto Rs 45 lacs.
The interest will be calculated on SI basis.

Collateral options
Moveable_ fixed deposit with HDFC Bank or HL with HDFC ltd.
Immoveable collateral- flat, house, bungalow , land ,shop etc
  #3  
9th January 2022, 10:04 PM
Msdhoni02
 
Join Date: May 2021
Posts: 4,040
Default Re: Education loan for staff for study abroad? What is the interest rate?

Education loan for staff for study abroad? What is the interest rate?

1. SBI Bank

Up to - 7.5 lakhs.

Interest Rates - 8.65%.

2. Federal Bank.

Upto - 10 to 20 lacs.

Interest Rates - 10.00%.

3. Kotak Mahindra Bank.

Upto - 10 lacs to 20 lacs.

Interest Rates -16%
  #4  
11th January 2022, 07:32 PM
ashishboudha
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Join Date: Aug 2019
Location: Delhi,India
Posts: 6,746
Default Re: Education loan for staff for study abroad? What is the interest rate?

Education loan for staff for study abroad? What is the interest rate?

Banks offering educational loans for staff for study abroad are HDFC Bank, State Bank of India, Axis Bank, ICICI Bank, Punjab National Bank, etc.

The interest rate ranges from 6% to 20 - 21% in some banks.
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