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 Fee payable to college/hostel, Examination/Lib
rary/Laboratory
, Purchase of books/equipment
/instruments, Purchase of computer, Passage fare for travel
Fee payable to college/hostel, Examination/ Library/ Laboratory, Purchase of books/equipment
/instruments, Purchase of computer
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 - studies abroad - 15% of the total course expenditure
* Upto Rs. 4 lac - Nil
* Above Rs. 4 lac - studies in India - 5%
Tenure Min. - 5 Yrs.
Interest Rate Up to Rs. 4 lakh - 13.25%
Above Rs. 4 lakh to 7.5 lakh - 13.50%
Above 7.5 lakh to 20 lakh - 13.00
Up to Rs. 4 lakh - 13.25%
Above Rs. 4 lakh to 7.5 lakh - 13.50%
Above 7.5 lakh to 20 lakh - 13.00
Time to Process Loan   7 days
 Fees & charges
 Security
 Terms & Conditions
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