The Indian Banks’ Association (IBA) formulated a comprehensive IBA Model Education Loan Scheme model in 2009 that scheduled banks in India could adopt. The model formed the basis for a loan that can be offered to Indian students who want to study in India and abroad at undergraduate, postgraduate and doctorate levels. Eligible students, i.e. … Read more
What is a Skill Loan? This loan helps students who have secured admission into technical courses offered by training institutes, polytechnics, schools or colleges approved by the State or Central Government for technical education to pay their course fees. The loan amount starts from Rs. 5,000 and can go up to Rs. 1.5 lakh depending … Read more
Union Bank of India Union Kisan Shiksha Suvidha (UKSS) Education Loan for Students from Agrarian Family This Union Bank of India study loan helps students from agricultural families finance and pursue their graduate or postgraduate degrees from recognised educational institutions in India or abroad. The loan is available for medical, engineering or management courses. The … Read more
Bank of Baroda Skill Loan This Bank of Baroda Skill Loan Scheme helps students who have gained admission into technical courses offered by training institutes, polytechnics, to pay for their course fees. The loan amount starts from Rs. 5,000 and can go up to Rs. 1.5 lakh depending on the duration of the course. Features … Read more
Union Bank of India Education Loan for Premier Educational Institutes This loan helps students who have gained admission into premier educational institutions in India to pay for their course fees. The maximum loan you can get depends on Union Bank of India’s categorisation of the institute. The maximum loan amount that you can apply for … Read more
Government of India Interest Subsidy Schemes for Education Loans The PNB Education Loan Subsidy Schemes helps Punjab National Bank’s education loan applicants to apply for interest rate subsidies under three government schemes, viz. We look at each in some detail. Important! A reality check 50%+ graduates remain unemployable after college.Theoretical courses, teachers with no industry … Read more
PNB Honhaar Education Loan for Pursuing Higher Education & Skill Development Courses in Delhi Punjab National Bank offers loans up to Rs. 10 lakh under the PNB Honhar Education Loan scheme for students who wish to pursue diploma or degree studies in Delhi and who have completed their Class 10 and 12 studies from the … Read more
Punjab National Bank Concessional Education Loan Scheme The Punjab National Bank Concessional Education Loan helps students in the Persons With Disabilities (PWD) category with a disability of 40% or more and who have secured admission in a recognised institute in India or abroad through Merit-based Selection to pay for their education. The maximum loan amount … Read more
PNB Udaan Education Loan (for Study Abroad) This loan helps students pursue notified courses such as an MBA, MCA, MS, etc. that improve their chances of landing a job. This is a need-based loan which means that the maximum loan amount depends on the repayment capacity of the borrower. The bank decides the loan amount … Read more
PNB Pravasi Shiksha Education Loan (Higher Study in India) This special education PNB Pravasi Shiksha Loan scheme is meant for students of Indian origin living overseas who want to pursue graduate, postgraduate and professional studies from recognised institutes in India. This is a need-based loan and the maximum loan amount is decided by the bank … Read more
