Your Criteria : Education Loan Karnataka Bank - India
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Features: The bank offers an education loan under the scheme, 'Vidyanidhi Education Loan' for pursuing higher studies in India or abroad.


Karnataka Bank - India (for Education Loan)
Bank Name: Bank Of Karnataka
Study In: India
Type of Courses Eligible: CA,Commercial Pilot,Diploma/ Degree courses,Graduation courses,LLB,MBA,MBBS,Others,Post Graduation courses
Cost Covered: Expenses for tuition fees, books, study material, hostel boarding and air travel
Moratorium Period: NA
Interest Rate Type: Fixed
Interest Rate: 13.25
Processing Fee: 0.25% of loan amount
Prepayment Charges: 1% of outstanding amount
Collateral Description: For loans upto Rs 2 lakh- A guarantor with networth equal to the loan amount can join in addition with parent/ guardian, above Rs 2 lakh- Collateral equal to 100% of the loan
Guarantor Description:
Margin: 25%
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