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COMPARE : EDUCATION LOANS
Canara Bank Education Loan
Introduction
Canara bank offers education loan under Vidyasagar to needy and meritorious Indian students. High school students can also avail education loan. Loan can be taken for job oriented courses at degree level and advanced studies for post –graduation for study in abroad.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Purpose Loans are also provided for studying abroad for job oriented courses at degree level and advanced studies in all areas for post-graduation.
For payment of fees to school/college and for purchase of books, hostel fees, examination fees, etc.		 Loans are provided for studying abroad for job oriented courses at degree level and advanced studies in all areas for post-graduation.
Loan Amount Min. - Rs 50000
Max. - Rs 400000 		Min. - Rs 50000
Max. - Rs 400000
Margin Money 15 % 5 %
Tenure Min. - 1 Yrs.
Max. - 7 Yrs. 		Min. - 1 Yrs.
Max. - 7 Yrs.
Interest Rate Priority category

-Upto Rs 4.00 Lacs 13.75
- Loans above Rs.4.00 lacs upto Rs.7.50 lacs 14.75
- Loans above Rs.7.50 lacs upto Rs.20.00 lacs 12.75

Non- priority Category 16.00
1% concession to Girl students. 		Priority category

-Upto Rs 4.00 Lacs 13.75
- Loans above Rs.4.00 lacs upto Rs.7.50 lacs 14.75
- Loans above Rs.7.50 lacs upto Rs.20.00 lacs 12.75

Non- priority Category 16.00
1% concession to Girl students
Time to Process Loan 7 days 7 days
 Fees & charges
 Eligibility Criteria
 Security
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