COMPARE : EDUCATION LOANS
South Indian Bank Education Loan
Introduction
South Indian Bank provides loans in this segment because moulding a generation with good education is one of their priorities. Education lays the foundation for creating a new future for a youngster, and thereby to secure his life. To this end, SIB has customised educational loans to suit any need. Be it for further education overseas or to pursue couses within the country, South Indian Bank offers them all.

Its Vitjnan Pradhan Scheme is for pursuing professional courses.
It provides another educational loan scheme, SIB-Excellence, for students seeking admission to premier educational institutions such as IITs, IIMs etc.
Its Vidyanidhi Scheme is exclusively for students securing admission in Professional colleges in Kerala.
Highlights
  Study Abroad Study India
Course Post Graduation Graduation
Loan Type Term Loan Term Loan
Loan Amount For loan amount contact the nearest bank branch.
Repayment:
For loan upto and including Rs.7.50 Lacs : Upto 10 years.
For loans above Rs.7.50 Lacs : Upto 15 years
For loan amount contact the nearest bank branch.
Repayment:
For loan upto and including Rs.7.50 Lacs : Upto 10 years.
For loans above Rs.7.50 Lacs : Upto 15 years
Margin Money Up to Rs. 4 Lacs : NIL
Above Rs.4Lacs : 15%
Up to Rs. 4 Lacs : NIL
Above Rs.4Lacs :5%
Tenure Min. - 10 Yrs.
Max. - 15 Yrs.
Min. - 10 Yrs.
Max. - 15 Yrs.
Interest Rate 15.4 % 15.4 %
 Fees & charges
 Security
 Terms & Conditions
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