The most important dream of all parents is that their children get a quality education so that they can lead a bright and successful life. Parents are finding it very difficult to self-finance their children's education due to the increasing cost of higher education. For example, for engineering courses, the fees is around Rs 5-10 lakh, for any medical course at a private college, the fees is appox. in the range of Rs. 40 lakh and Rs. 50 lakh and for professional courses like MBA etc, fees could be around Rs 4-5 lakh. Here comes into picture the importance of Education Loan to cover these education expenses.
Students from various disciplines can now take their first step on the path to success and fuel their dreams for professional or technical education in India or abroad with financial assistance in the form of Education Loan offered by banks so that nothing can hinder their progress.
Education Loan provides financial aid to deserving and meritorious students to pursue higher studies in India and abroad. It helps students to pay their tuition fees, examination, library, books, laboratory and hostel while studying. It also covers travel expenses for studying abroad, study tours, project work, refundable deposit, etc.
Almost all banks in India offer education loans on attractive interest rate and easy repayment options and hence there is a huge demand for loans to cover education expenses.
Banks offer loans of up to Rs 10 lakh for courses in Indian colleges and up to Rs 20 lakh for studies abroad as per Indian Banks' Association norms. The quantum of a loan depends upon the course and the institution offering this course.
|Abhyudaya Cooperative Bank Limited||Ahmedabad Mercantile Cooperative Bank||Airtel Payments Bank Limited||Akola Urban Coop Bank||Allahabad Bank||Allahabad Up Gramin Bank||Amanath Cooperative Bank Ltd. Bangalore||Andhra Bank||Andhra Pradesh Grameena Vikas Bank||Andhra Pragathi Grameena Bank||Apna Sahakari Bank Limited||Arunachal Pradesh Rural Bank||Assam Gramin Vikash Bank||Au Small Finance Bank Limited||Axis Bank||Bandhan Bank Limited||Bangiya Gramin Vikash Bank||Bank Of Baroda||Bank Of India||Bank Of Maharashtra||Baroda Gujarat Gramin Bank||Baroda Rajasthan Kshetriya Gramin Bank||Baroda Up Gramin Bank||Bassein Catholic Cooperative Bank Limited||Bharat Cooperative Bank (mumbai) Ltd., Mumbai||Bharati Sahakari Bank||Bharatiya Mahila Bank Limited||Bihar Gramin Bank||Bombay Mercantile Co Op Bank Ltd||Canara Bank||Capital Small Finance Bank Limited||Catholic Syrian Bank Limited||Central Bank Of India||Central Madhya Pradesh Gramin Bank||Chaitanya Godavari Grameena Bank||Chhattisgarh Rajya Gramin Bank||Citizen Credit Cooperative Bank Limited||City Union Bank Limited||Corporation Bank||Dcb Bank Limited||Dena Bank||Dena Gujarat Gramin Bank||Dhanalakshmi Bank||Dombivli Nagari Sahakari Bank Limited||Ellaquai Dehati Bank||Equitas Small Finance Bank Limited||Esaf Small Finance Bank Limited||Export Import Bank Of India||Federal Bank||Fincare Small Finance Bank Ltd||G P Parsik Bank||Gramin Bank Of Aryavart||Hdfc Bank||Himachal Pradesh Gramin Bank||Icici Bank Limited||Idbi Bank||Idfc Bank Limited||Indian Bank||Indian Mercantile Cooperative Bank Ltd.||Indian Overseas Bank||Indusind Bank||Jalgaon Janata Sahakari Bank Limited||Jammu And Kashmir Bank Limited||Jammu And Kashmir Grameen Bank||Janakalyan Sahakari Bank Limited||Janalaxmi Coop Bank||Janata Sahakari Bank Ltd||Jharkhand Gramin Bank||Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited||Kalupur Commercial Cooperative Bank||Kalyan Janata Sahakari Bank||Kapol Cooperative Bank Limited||Karnataka Bank Limited||Karnataka Vikas Grameena Bank||Karur Vysya Bank||Kashi Gomti Samyut Gramin Bank||Kaveri Grameena Bank||Kerala Gramin Bank||Khamgaon Urban Co Op Bank Ltd||Kotak Mahindra Bank Limited||Langpi Dehangi Rural Bank||Laxmi Vilas Bank||Madhya Bihar Gramin Bank||Madhyanchal Gramin Bank||Mahanagar Cooperative Bank||Maharashtra Gramin Bank||Malwa Gramin Bank||Manipur Rural Bank||Meghalaya Rural Bank||Mizoram Rural Bank||Nagaland Rural Bank||Nagar Urban Co Operative Bank||Nagpur Nagarik Sahakari Bank Limited||Narmada Jhabua Gramin Bank||Nasik Merchants Cooperative Bank Ltd.||New India Cooperative Bank Limited||Nkgsb Cooperative Bank Limited||North East Small Finance Bank Limited||Nutan Sahakari Bank Ltd||Odisha Gramya Bank||Oriental Bank Of Commerce||Pallavan Grama Bank||Pandyan Grama Bank||Paschim Banga Gramin Bank||Pragathi Krishna Gramin Bank||Prathama Bank||Pravara Sahakari Bank Ltd||Puduvai Bharathiar Grama Bank||Punjab And Maharshtra Cooperative Bank||Punjab And Sind Bank||Punjab Gramin Bank||Punjab National Bank||Purvanchal Gramin Bank||Rajarambapu Sahakari Bank Ltd||Rajasthan Marudhara Gramin Bank||Rajkot Nagrik Sahakari Bank Limited||Rbl Bank Limited||Rupee Cooperative Bank Ltd.||Sangli Urban Co Op Bank Ltd Sangli||Saptagiri Grameena Bank||Saraswat Cooperative Bank Limited||Sardar Bhiladwala Pardi Pepls Co Bk||Sarva Haryana Gramin Bank||Sarva Up Gramin Bank||Saurashtra Gramin Bank||Shikshak Sahakari Bank Limited||Solapur Janata Sahakari Bank Limited||South Indian Bank||State Bank Of Bikaner And Jaipur||State Bank Of Hyderabad||State Bank Of India||State Bank Of Mysore||State Bank Of Patiala||State Bank Of Travancore||Suryoday Small Finance Bank||Sutlej Kshetriya Gramin Bank||Syndicate Bank||Tamilnad Mercantile Bank Limited||Telangana Grameena Bank||The A.p. Mahesh Cooperative Urban Bank Limited||The Akola Janata Commercial Cooperative Bank Ltd., Akola.||The Cosmos Co Operative Bank Limited||The Goa Urban Co Op Bank Ltd||The Greater Bombay Cooperative Bank Limited||The Jalgaon Peopels Cooperative Bank Limited||The Kapol Cooperative Bank Limited||The Karad Urban Cooperative Bank Limited||The Mapusa Urban Coop Bank Of Goa Ltd||The Mehsana Urban Cooperative Bank||The Nainital Bank Limited||The Shamrao Vithal Cooperative Bank||The Surath Peoples Cooperative Bank Limited||The Thane Bharat Sahakari Bank Limited||The Zoroastrian Cooperative Bank Limited||Tjsb Sahakari Bank Ltd||Tripura Gramin Bank||Uco Bank||Ujjivan Small Finance Bank Limited||Union Bank Of India||United Bank Of India||Utkal Grameen Bank||Utkarsh Small Finance Bank||Uttar Banga Kshetriya Gramin Bank||Uttar Bihar Gramin Bank||Uttarakhand Gramin Bank||Vananchal Gramin Bank||Vidharbha Konkan Gramin Bank||Vijaya Bank||Yes Bank||Zila Sahakari Bank Ltd|
2018 April 30 is a bank holiday in Andaman And Nicobar Island due to Buddha Pournima.
2018 May 01 is a bank holiday in Andaman And Nicobar Island due to Maharashtra Din/May Day.
2018 May 09 is a bank holiday in Andaman And Nicobar Island due to Birthday Of Rabindranath Tagore.
2018 May 16 is a bank holiday in Arunachal Pradesh due to State Day.
2018 May 29 is a bank holiday in Sikkim due to Saga Dawa.
2018 June 08 is a bank holiday in Jammu And Kashmir due to Jumat-ul-Veda.