Major Highlights Maximum Loan Amount: Up to 1.5 Crore Interest Rate: 8% to 15% Major Banks: SBI, PNB, UBI, Axis Bank, etc. Repayment Periods: Up to 15 years
Eligibility Criteria - The student must have secured admission to a university. - The student must be an Indian citizen. - Age between 18 and 35 years. - Have a co-applicant with a stable source of income.
Best Banks - PNB: Collateral-free loan up to INR 7.5 lakhs - SBI: Low rate of interest starting from 11.15% - Bank of Baroda: Free international debit card
Documents Required - Proof of admission, identity & address - Academic transcripts - Passport-size photo of the applicant and the co-applicant - Recent bank account statements