COMPARE : EDUCATION LOANS
Federal Bank Education Loan
Introduction
Federal bank provides two schemes for education loans. Its Special Vidya Loan Scheme is given to meritorious students are provided with an opportunity to pursue education with the financial support from the bank with affordable terms and conditions.
Can be availed for higher studies in India & Abroad excluding vocational training & skill development study courses.
Its Career Solutions Loan Scheme is provided for financial assistance to the needy and deserving young people to pursue higher education, vocational training courses, Pilot trainings, skill up gradation, diploma or degree courses offered in aviation, hospitality and travel management, executive development etc.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Amount Min. - Rs 50000
Max. - Rs 2000000
Min. - Rs 50000
Max. - Rs 1000000
Margin Money Up to Rs 4.00 Lakh : No Margin
Above Rs 4 Lakhs - 15%
Up to Rs 4.00 Lakh : No Margin
Above Rs 4 Lakhs - 5%
Interest Rate interest ranges from 13.30% to 14.83% interest ranges from 13.30% to 14.83%
Time to Process Loan 7 days 7 days
 Fees & charges
 Security
 Terms & Conditions
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