Here's All You Need To Know About Indian Bank Education Loan Interest Rate

The Indian Bank offers education loans at competitive interest rates ranging from 8.80% to 11.40%.

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Up to 4 lakhs- 10.50% 4 lakhs to 7.5 lakhs- 10.50% 7.5 lakhs and above- 10.75%

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The bank also offers a rebate of 0.5% in the total interest rate for female students.

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The Indian Bank education loan interest rates are calculated as the sum of EBLR and spread.

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The interest rate on an unsecured loan is higher than a secured loan due to high risk associated with unsecured loan.

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