Education loan and Interest rates 2023

Education loan and Interest rates 2023 : હાલ જ્યારે ડગલે ને પગલે શિક્ષણ મોઘું થઈ રહ્યુ છે ઘણી બધી બેન્ક Education loan આપવા તૈયાર હોય છે. પરંતુ કેટલીક માહિતી ના અભાવ કે માહિતી ન હોવાના કારણે ઘણા બધા લોકો Education loan માટે પ્રાઈવેટ ફાઈનાન્સ કંપનીઓ પર આધારિત હોય છે અને ના છુટકે વધુ વ્યાજ ભરે છે.

Education loan and Interest rates 2023

Education loan and Interest rates 2023

Education loan and Interest rates 2023

Compare Top Education Loan Offers 2023

Name of BankInterest Rate (p.a.)Loan AmountProcessing Fees
PNB

6.90% to 9.55%

Up to 15 Lakhs1% of loan amount
SBI

6.85% to 8.65%

Up to Rs.1.5 croreRs.10,000 + tax
Axis

13.70% to 15.20%

Up to 75 LakhNil to Rs.15,000 + tax
Bank of Baroda

6.75% to 9.85%

Up to 4 Lakh and above1% of loan amount up to Rs.10,000
HDFC

9.45% to 13.34%

Max AprUp to 1.5% of loan amount + tax
Tata Capital

10.99% onwards

Up to 30 LakhUp to 2.75% of loan amount + tax
Union Bank of India

8.80% to 10.05%

Need-based financeNil for Indian students 0.50% of loan amount + GST for NRI students
Bank of India

6.85% to 9.35%

For courses in India: Up to Rs.10 lakh For courseses abroad: Up to Rs.20 lakhNil for courses in India Rs.5,000 + other fees for study abroad
Kotak Mahindra BankUp to 16%For courses in India: Up to Rs.10 lakh For courses abroad: Up to Rs.20 lakhContact the bank
ICICI Bank

10.50% onwards

For courses in India: Up to Rs.50 lakh For courses abroad: Up to Rs.1 croreContact the bank
Federal Bank

10.05% onwards

For courses in India: Up to Rs.10 lakh For courses abroad: Up to Rs.20 lakhContact the bank
Note: These interest rates are effective from 1 October 2020 and are subject to change at the bank's discretion.


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Education loan and Interest rates 2023


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Education loan and Interest rates 2023
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