Union Bank of India Special Eduction Loan Scheme For IIMs | NIFT | MDI | SPJIMR

Special Eduction Loan Scheme OF Union Bank for IIMs Students, NIFT, MDI and SPJIMR Students. Check out Interest Rates and Documents for Eudcation loan of UBI.

At Union Bank of India, we value your dreams and aspirations. We understand the importance of education in fulfilling your dreams, which is why we bring to you our ‘Special Eduction Loan Scheme’, designed for students at the most prestigious B-schools in India.

Special features of our Special Education Loan for MBA students:

  • Option of fixed as well as floating rate of interest
  Fixed Floating
Male 10.75% BR + 0.50%, at present 11.00%
Female/ SC/ ST/ Minority 10.50% Base Rate, at present 10.50%
As on 01/05/2012, Base Rate of our bank is 10.50%.

  • Loan upto Rs.20 Lakh
  • Repayment tenure of 15 years
  • No collateral security
  • No margin
  • Option to avail loan from place of residence or place of educational institute
Indian Institute of Management, Ahmedabad
Indian Institute of Management, Bangalore
Indian Institute of Management, Calcutta
Indian Institute of Management, Indore
Indian Institute of Management, Kozhikode
Indian Institute of Management, Lucknow
Indian Institute of Management, Raipur
Indian Institute of Management, Ranchi
Indian Institute of Management, Rohtak
Indian Institute of Management, Shillong
Indian Institute of Management, Trichy
Indian Institute of Management, Kashipur
Indian Institute of Management, Udaipur
Xavier Labour Relation Institute (XLRI), Jamshedpur
S. P. Jain Institute of Management & Research (SPJIMR), Mumbai
Management Development Institute (MDI), Gurgaon

Source: Union Bank of India Website

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Personal Loan Interest Rates
30 May 2016
Bank
Interest Rates
HDFC Bank
11.49 - 19.50%
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15.00 - 17.00%
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21.00 - 32.00%
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9.45 - 9.75%
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