2. Bank of Maharashtra: Bank of Maharashtra has come up with offers on education loan for both in India and abroad. If you are an Indian National and have secured admission to professional or technical courses through entrance test or selection process then you are eligible to borrow this loan. In addition, the bank provides education loan to students who pursue education abroad only when they secure admission in foreign university or institution before applying for the loan. This education loan covers all expenses right from tuition fees to purchase of books and equipments. Courses that are covered in this education loan are graduation courses or colleges under universities approved by UGC and other courses leading to diploma or degree conducted by colleges or universities approved by UGC or Govt. in India. Few job oriented Professional or Technical or PG courses like MCA, MBA and MS in abroad are covered under this loan with an interest rate of 12 percent on loan amount up to 4 lakh and 13 percent for loan amount above 4 lakhs.

3. IDBI Bank: IDBI bank offers financial support to those students who are aspiring and praiseworthy and the one who aim to pursue higher education in India and abroad. The bank offers loan for graduation courses, post graduation, technical and professional courses with an easy repayment options coupled with lower interest rates. The education loan is provided for graduation courses like BA, B.Com., B.Sc., Masters, PhD, Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, Computer certificate courses from reputed institutes like ICWA, CA, CFA ,Courses conducted by IIM, IIT, IISc, XLRI in India and courses like MCA, MBA, MS. Courses conducted in abroad by institutes like CIMA- London, CPA in USA with interest rates of 11.25 percent for amount up to 10 lakh and 12.5 percent for anything above 10 lakh.

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