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Indian Bank
Indian Bank is no exception and offer education loans to students interested to pursue education in India or abroad. Gather information on learning loans: Indian Bank from this page and pursue your dream education.


Indian Bank learning loan is offered for a number of courses.

  1. You can apply for the education loan of Indian Bank if you want to pursue a graduate, diploma or post graduate program.
  2. The loan is also sanctioned for studying computer certificate courses of recognized bodies, which are accredited to the Department of Electronics.
  3. If you plan to study employment-oriented vocational or professional course, a program of CPA in the US or CIMA-London or specialized programs like MBA or MCA, you can apply for a loan in Indian Bank.


Learning Loans are offered by Indian Bank to only Indian Nationals. The applicant should get admission to a professional or vocational course through a selection procedure based on merit or entrance test. The student will be considered eligible for studying in India if aged 15 to 30 years. A student should be aged between 18 to 35 years, if applying for studies abroad.

Expenses taken into account:

The educational loan covers insurance premium for the student as well as caution deposit, refundable deposit or building fund up to 10%. The educational cost of the course including travel expense, cost of essential purchases and fee of college, hostel, school and exam are taken into consideration.

Amount of Loan and Repayment:

You can borrow an education loan of maximum Rs 10 lacs for studying in India whereas a maximum amount of Rs 20 lacs can be borrowed for studying in abroad. The amount may increase in special cases.
  1. For loans above Rs 4 lacs taken for studying in India and abroad, there is a margin of 5% and 15% respectively. The loan can be repaid in 5 to 7 years.
  2. If you borrow a loan of above Rs 4 lacs, then you should provide the bank with a guarantee of a 3rd party.
  3. If the amount borrowed is more than Rs 7.5 lacs, then the co-obligation of parents or guardian of the student along with a collateral security need to be guaranteed.

    The future income of the student also needs to be assigned for paying the installments.

To Know More Information click :http://www.indian-bank.com
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