Education Loan: Eligibility Criteria: Overview
Banks have set eligibility criteria for education loans. Some of the important pre-requisites are mentioned in brief. A loan applicant has to be:
- An Indian national
- Aged 16-26 years of age or any other range specified by the bank.
- Have a good academic track record.
- Have parents or guardians with stable source of income.
- Should have applied to a recognized university in India or abroad.
- Should not be a minor.
Education Loan: Eligibility Criteria: Basics
Education Loan: Eligibility Criteria: Did you know...?
Best Interest Rates
As on 15 Mar, 2010
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Product | Rate | |
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Home Loan Fixed Rate (20 Years) | 9.25% - 14% | |
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Home Loan Fixed Rate (20 Years) | 9.25% - 14% | |
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Personal loan (5 years): | 12% - 35% | |
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Small Ticket Personal loan: | 29% - 45% | |
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