Educational Loan
Interest Rate*: Contact Bank
Min- Max Ticket Size: Rs 100,000- 10,000,000
Subject to: 75% of the applicable admission fees/school fees/ higher education fees
Collateral: One Personal Guarantee / basic salary of Rs 75,000/- or more
Product 1 - Finance Lump sum payment of annual school fees
Conditions: A revolving facility and existing loan facility to be settled in full prior to the subsequent loan
Product 2 - Finance admission fees/ Payment of annual school fees as a lump sum (multiple years)*/ Finance the Higher Education course fees
Max Tenure/s - up to 7 years
Last updated: August, 2024
*Please check with the bank for the latest information