4. United Bank of India: Have you secured admission for any academic, professional or technical courses, recently? Then United Bank can provide you with lower interest rates on education loan. United bank of India provides education loan to meet your expenses for higher studies in India and abroad. They provide you with loan for courses like Master’s and Ph.D., Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, Courses conducted by IIM, IIT, IISC, XLRI, NIFT, and Courses offered by reputed foreign Universities in India and the loan is also applicable for the courses in abroad like Post Graduation courses which includes MCA, MBA, MS, and courses conducted by CIMA - London, CPA in USA. To study in India, the maximum amount of loan offered by the bank is 10 lakh and 20 lakh in abroad with an interest rate of 12.25 percent for any amount up to 4 lakh and 13 percent for anything above 4 lakh per annum.

5. Bank of India: If you are a student with good academic record and want to study more? Then Bank of India is here to help you. They have come up with various offers on education loan for both India and abroad. Such education loans cover the expenses like fee payable to college or school or hostel, fee payable for examination or Library or Laboratory fee, purchase of books or equipments or instruments or uniforms including travel expenses or passage money for studies abroad. Even the amount used for purchasing a computer that is essential for completion of the course and insurance cover for the student covered under this loan with an interest rate of 13.25 percent for loan amount above 7.50 lakh and an interest rate of 12.75 percent on any amount above 7.50 lakh.

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