COMPARE : EDUCATION LOANS
The Lakshmi Vilas Bank Limited Education Loan
Introduction
The Lakshmi Vilas Bank provides loan to meet expenses connected with the pursuit of higher secondary education, specific courses of study at recognized institutions, including professional/job-oriented courses, which offer reasonable opportunity for employment.
Highlights
  Study Abroad Study India
Course Graduation Graduation
Loan Type Term Loan Term Loan
Loan Purpose Loan is given for
Degree/Diploma courses like aeronautical, pilot training, shipping, etc. provided these are recognized by competent regulatory bodies abroad for the purpose of employment in India/abroad.
Loan is given for Degree/Diploma courses like aeronautical, pilot training, shipping, etc. provided these are recognized by competent regulatory bodies in India for the purpose of employment in India.
Loan Amount Min. - Rs 50000
Max. - Rs 2000000
Min. - Rs 50000
Max. - Rs 1000000
Margin Money For loans up to Rs.4.00 lacs: Nil
For loans above Rs.4.00 lacs: 15%.
For loans up to Rs.4.00 lacs: Nil
For loans above Rs.4.00 lacs: 5%
Tenure Min. - 10 Yrs.
Max. - 15 Yrs.
Min. - 10 Yrs.
Max. - 15 Yrs.
Interest Rate For Boy Students:

Loans up to Rs.4.00 lacs: 14.50% p.a.
Loans above Rs.4.00 lacs: 15.50% p.a.

For Girl Students:

Loans up to Rs.4.00 lacs: 14.00% p.a.
Loans above Rs.4.00 lacs : 15.00% p.a.
For Boy Students:

Loans up to Rs.4.00 lacs: 14.50% p.a.
Loans above Rs.4.00 lacs: 15.50% p.a.

For Girl Students:

Loans up to Rs.4.00 lacs: 14.00% p.a.
Loans above Rs.4.00 lacs : 15.00% p.a.
 Fees & charges
 Security
 Terms & Conditions
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