COMPARE : EDUCATION LOANS
IDBI Bank Education Loan
Introduction
IDBI bank offers financial support to the aspiring and meritorious students who aim to pursue higher education in India and abroad. Bank offers loan for graduation courses, post graduation, technical and professional courses with an easy repayment options.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Purpose Graduation: For job oriented professional / technical courses offered by reputed universities. Post graduation: MCA, MBA, MS, etc. Courses conducted by CIMA- London, CPA in USA etc.
Special Courses
The loan is provided for
Regular Degree/Diploma courses like Aeronautical, pilot training, shipping etc., approved by Director General of Civil Aviation/Shipping.
The loan is provided for:
Graduation courses: BA, B.Com., B.Sc., etc
Post Graduation courses: Masters & Phd
Professional courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc
Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to university
Courses like ICWA, CA, CFA etc
Courses conducted by IIM, IIT, IISc, XLRI. NIFT etc
Courses offered in India by reputed foreign universities
Evening courses of approved institutes
Other courses leading to diploma / degree etc. conducted by colleges / universities approved by UGC / Govt. / AICTE/ AIBMS / ICMR etc
Courses offered by National Institutes and other reputed private institutions.
Loan Amount Min. - Rs 50000
Max. - Rs 2000000
Min. - Rs 50000
Max. - Rs 1000000
Margin Money Upto Rs. 4 lac - Nil
Above Rs. 4 lac 15%
* Upto Rs. 4 lac - Nil
* Above Rs. 4 lac - 5%
Tenure Min. - 10 Yrs.
Max. - 15 Yrs.
Min. - 10 Yrs.
Max. - 15 Yrs.
Interest Rate 12.25 % 12.25 %
Time to Process Loan   7 days
 Fees & charges
 Security
 Terms & Conditions
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