Designed to benefit candidates in leading institutions & courses in India as well as abroad, the Allahabad Bank Education Loan aims to provide wholesome monetary support ranging from college/ tuition fees to travel expenses

Maximum Loan Limit

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Concession

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Loan repayment

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Loan collateral

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Interest Rate

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Designed to benefit candidates in leading institutions & courses in India as well as abroad, the Allahabad Bank Education Loan aims to provide wholesome monetary support ranging from college/ tuition fees to travel expenses

Maximum Loan Limit

INR 20 lakh.

Concession

0.50 % for females

Loan repayment

10 – 15 years

Loan collateral

Up to INR 4 lakh: No Collateral INR 4 Lakh to 7.5 Lakh: Third-party guarantee Above INR 7.5 Lakh: 100% loan amount tangible collateral

Interest Rate

7 – 11 %

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