EDUCATION LOAN

A comprehensive educational loan scheme was framed with the consultation of Government of India with reserve bank of India and Indian bankers association. This scheme can avail a loan of up to 7.5 lakhs in India and up to 15 lakhs for abroad studies. These figures are not stable in nature for banks. State bank of India is availing an upper limit of 20 lakhs and in recent days. Indian bank has upgraded its maximum limit to 15 lakhs for education in India and 25 lakhs for abroad studies. All the details given below will change time to time and students are advised to get right information from the banks concerned.