What are the banks (in India) that give educational loans?
State Bank of India, Bank of India, Andhra Bank, Syndicate Bank and Canara Bank are among the many banks that have educational loan schemes which extend from schooling to research. The amount differs according to the course. Bank loan for study abroad can be as high as Rs.10 lakh. These loans are subject to many terms and conditions. At least 25% of the total course expenditure is to be paid by the parents of the student. For the bank loan required, the candidate has to provide a surety which can be in the form of a house mortgage, NSE shares or insurance policy. No surety is needed for a loan of upto Rs. 25,000, but for a loan of over Rs. 25,000 but less than Rs. 3 lakh, it is 100%. For a loan of Rs. 3 lakh to Rs. 5 Lakh, the surety to be provided is 150 % and it is 200% for a loan of over Rs. 5 lakh. However, for a candidate to get a bank loan, he has to fulfill certain conditions. The first condition is that admission should be confirmed. Secondly, loans are not given for correspond
