Which bank gives education loans with lowest interest rates to study abroad?
Author: Indu Singh Post Date: 16 Apr 2023 It is advisable to visit Pradhan Mantri Vidya Lakshmi Portal for cheapest educational loan.
Pradhan Mantri Vidya Lakshmi Portal is an online portal launched by the Government of India to provide a single window platform for students seeking educational loans. Here are the steps to access the portal:
Visit the official website of Pradhan Mantri Vidya Lakshmi Portal at https://www.vidyalakshmi.co.in/Students/index Click on the "Student Login" button on the top right corner of the page. Enter your registered email id and password in the fields provided. Click on the "Login" button to access the portal. Once you are logged in, you can search and apply for educational loans from various banks, and also track the status of your application.When you get information of various bank, educational loan through a single window,than you may decide easily,which one is suitable for you.
Author: Janmejaya Mohanty Post Date: 15 Apr 2023 There are several banks in India that offer education loans to students who wish to study abroad. The interest rates offered by these banks may vary based on various factors such as the loan amount, the duration of the loan, the credit score of the borrower, etc.
Some of the banks that offer education loans with comparatively lower interest rates to study abroad for Indian students are:
State Bank of India (SBI): SBI offers education loans with interest rates ranging from 8.45% to 10.55%, depending on the loan amount and tenure.
HDFC Bank: HDFC Bank offers education loans with interest rates ranging from 9.50% to 13.60%, depending on the loan amount and tenure.
Axis Bank: Axis Bank offers education loans with interest rates ranging from 10.50% to 15.20%, depending on the loan amount and tenure.
Punjab National Bank (PNB): PNB offers education loans with interest rates ranging from 7.25% to 9.75%, depending on the loan amount and tenure.
Canara Bank: Canara Bank offers education loans with interest rates ranging from 9.30% to 11.70%, depending on the loan amount and tenure.
Bank of Baroda (BOB): BOB offers education loans with interest rates ranging from 7.50% to 11.40%, depending on the loan amount and tenure.
It is advisable to visit the websites of these banks or contact their customer service representatives to get the information on the interest rates, processing fees, repayment options and other terms and conditions of their education loan facilities. Additionally, it is also recommended that you compare the offers of various banks to choose the one that best suits your needs and financial situation.