Banks in India Indian Banks » EDUVATION LOANS REVIEW » Indian Overseas Bank Education Loan

Indian Overseas Bank Education Loan

  • Eligibility: Should have a good academic record.
  • Maximum Amount for India : Rs 200000
  • Maximum Amount Overseas : Rs 600000
  • Documents to be submitted : Mark sheets,addmission approval,address proof,photgraph,income proof .
  • Time To Process: 1 Week
  • Interest Rate

In India
Upto Rs 400000 : 12% pa
Above Rs 400000 : 13% pa.
For Overseas
Upto Rs 400000 : 12% pa
above Rs 400000 : 13% pa.
Collateral and Third Party guarantee required.

  • Tenures : Maximum of five years


  • Repayment: Maximum after 3 months of completion of course or the date of joining of job which ever earlier
  • Contact :

Delhi Tel: 3362003
Bangalore Tel: 2266207
Chennai Tel: 8524142
Hyderabad Tel: 4755324
Kolkata Tel: 2299700
Mumbai Tel: 2182226

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