(IOB) Education Loan

Indian Overseas Bank (IOB) education loans help a huge number of students get admission to renowned institutions and colleges in India and abroad.

Indian Overseas Bank (IOB) education loans help a huge number of students get admission to renowned institutions and colleges in India and abroad.

The Vidya Jyothi Educational program is open to colleges that have been recognized by Indian statutory agencies such as the UGC/GOVT/AICTE/AIBMS/ICMR.

The Vidya Jyothi Educational program is open to colleges that have been recognized by Indian statutory agencies such as the UGC/GOVT/AICTE/AIBMS/ICMR.

Students can borrow up to INR 40 Lakh to study abroad.

Students can borrow up to INR 40 Lakh to study abroad.

The bank’s interest rate is RLLR + Spread (Repo Connected Lending Rate + Spread), which means it is linked to the RBI’s repo rate. 

The bank’s interest rate is RLLR + Spread (Repo Connected Lending Rate + Spread), which means it is linked to the RBI’s repo rate. 

IOB provides quarterly or monthly rests for loan repayment.

IOB provides quarterly or monthly rests for loan repayment.