Education loan rates comparison with various banks. Know Interest rates for studies in India & Abroad. Check latest interest rates of SBI, HDFC, ICICI, Axis Bank, Bank of India, Bank of Baroda, Allahabad Bank, PNB, Credila, Corporation Bank etc.
Check Education Loan Interest Rates 2016:
|Union Bank Of India||11.15% (Fixed (For Girls), 11.65% (For Boys))|
|IDBI Bank||9.75% – 13.25%|
|Bank Of Baroda||11.40%|
|Bank of India||12.20%|
|Axis Bank||16.10% (For Girls), 16.70%(For Boys)|
|State Bank of India||9.35% – 10.75%|
|Syndicate Bank||10.20% – 11.95%|
|Canara Bank||11.10% – 11.30%|
|Vijaya Bank||11.90% – 12.10%|
|Indian overseas Bank||10.20%|
The List is not Exhaustive; repayment starts typicallu one year after course completion or six months after securing employment, whichever earlier; repayment period is typically 5-7 years; No margin for loans up to Rs 4 lac, 5% margin for studies in India and 15% for overseas studies.
* Floating rate only