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%. 

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


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

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

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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