The cost of education has grown rapidly with time. It’s not possible for everyone to afford. Thankfully, there is no dearth of financial institutions that aid students achieve their dream of higher education either in India or abroad. There are many self-financing institutions for higher education in engineering, medical and management that fund without government aid. Many banks, both private and public sector, offer attractive educational loans in India.
― Mahatma Gandhi
The maximum loan amount available is Rs. 10 lakhs for studies in India and Rs. 20 lakhs for studies abroad. No collateral security is needed upto Rs. 4 lakhs. The rate of interest for educational loan will be 13.5% upto Rs. 7.50 lakhs. Repayment can be started only after six months or one year after the course of study. Some of the banks that provide educational loan are Canara Bank, Corporation Bank, Indian Bank, Punjab National Bank, State Bank of India, State Bank of Travancore, Syndicate Bank, Vijaya Bank etc.
We at Gleam Edu Services, make sure that you don’t have to compromise with your education due to money. With our extensive tie-ups with Banks, we make sure that you start your career hassle free while we take care of all your loan requirements.