COMPARE : EDUCATION LOANS
Syndicate Bank Education Loan
Introduction
Syndicate Bank is providing financial support to deserving / meritorious students for pursuing higher education in India and abroad.It extends educational loans under SyndVidya and SyndSuperVidya schemes.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Purpose The loan is provided for Graduation: For job oriented professional / technical courses offered by reputed universities.
Post Graduation: MCA, MBA, MS etc.
Courses conducted by CIMA-London, CPA in USA etc.
Degree/diploma courses like aeronautical, pilot training, shipping etc provided, these are recognized by competent regulatory bodies in India/abroad for the purpose of employment in India/abroad.
The loan is provided for
Approved courses leading to graduate/ post graduate degree and PG diploma conducted by recognized colleges/ universities recognized by UGC/ Govt./ AICTE/ AIBMS/ ICMR etc.
Courses like ICWA, CA, CFA etc.
Courses conducted by IIMs, IITs, IISc, XLRI. NIFT, NID etc.
Regular Degree/Diploma courses like Aeronautical, pilot training, shipping etc., approved by Director General of Civil Aviation/Shipping, if the course is pursued in India.
Approved courses offered in India by reputed foreign universities.
Other courses leading to diploma/ degree etc. conducted by colleges/ universities approved by UGC/ Govt./ AICTE/ AIBMS/ ICMR etc
Courses offered by National Institutes and other reputed private institutions. Banks may have the system of appraising other institution courses depending on future prospects/recognition by user institutions.
Courses, which are not covered under the criteria, mentioned above, CMD/ED may take a view to consider extending Education loan under the scheme taking into account the future prospects/recognition by user institution.
Teacher training course/Nursing course/B.Ed are eligible for education loan, provided the training institutions are approved either by the Central Government or by the State Government and such courses should lead to Degree or Diploma course and not to certification course.
Loan Amount Min. - Rs 50000
Max. - Rs 2000000
Min. - Rs 50000
Max. - Rs 1000000
Margin Money For loans upto Rs.4 lac - No Margin required
For loans above Rs.4 lac -15%
For loans upto Rs.4 lac - No Margin
For loans above Rs.4 lac - 5%
Tenure Min. - 5 Yrs.
Max. - 15 Yrs.
Min. - 1 Yrs.
Max. - 15 Yrs.
Interest Rate For loans upto Rs.4.00 lakhs - 12.75%
For loans above Rs.4.00 lakhs - 13.25%

Girl students and students belonging to SC/ST category are eligible fo
r concession of
0.50% per annum on the above rates.

The girl students under SC/ST category are eligible for a further concession of
0.25% on the above rates (Total concession 0.75%)

Simple interest would be charged during the repayment holiday /moratorium
period.
For loans upto Rs.4.00 lakhs - 12.75%
For loans above Rs.4.00 lakhs - 13.25%

Girl students and students belonging to SC/ST category are eligible fo
r concession of
0.50% per annum on the above rates.

The girl students under SC/ST category are eligible for a further concession of
0.25% on the above rates (Total concession 0.75%)

Simple interest would be charged during the repayment holiday /moratorium
period.
 Fees & charges
 Security
 Terms & Conditions
Show All Education Loans

Refine your search
 Select a Bank:
 Select a Category:
 Select Course:
   

Syndicate Bank Products
Syndicate Bank Credit Cards
Syndicate Bank Auto Loans
Syndicate Bank Home Loans
Syndicate Bank Personal Loans
Syndicate Bank Fixed Deposits
Syndicate Bank Savings Accounts
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Bank loans that could glitter for you
Plan for your child
Carnival of Indian Personal Finance Blogs #1
Effect of employment on loan eligibility...
Carnival of Indian Personal Finance Blogs #2