COMPARE : EDUCATION LOANS
Karnataka bank Education Loan
Introduction
Karnataka bank offers education loan to the aspiring students under the Vidyanidhi education loan scheme. Bank gives loan to the students for higher studies in India and abroad. The loan covers tuition fees, books, study material, hostel boarding and even air travel expenses.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Purpose Expenses for tuition fees, books, study material, hostel boarding and air travel Expenses for tuition fees, books, study material, hostel boarding and air travel
Loan Amount Min. - Rs 50000
Max. - Rs 2000000
Min. - Rs 50000
Max. - Rs 1000000
Margin Money Loan upto Rs.4 lakh: Nil
Loan above Rs.4 lakh for studies abroad: 15%
Loan upto Rs.4 lakh: No margin required.
Loan above Rs.4 lakh: 5% for studies in India
Tenure Min. - 5 Yrs.
Min. - 1 Yrs.
Interest Rate Upto Rs. 4.00 lakh: 14.50%
Above 4.00 lakh: 15.50%
0.50% concession for girl student.
Upto Rs. 4.00 lakh: 14.50%
Above 4.00 lakh: 15.50%
0.50% concession for girl student.
Time to Process Loan   7 days
 Fees & charges
 Security
 Terms & Conditions
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EDITORS' PICKS
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Complete guide to education loans in India
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