Overseas Education

Education loans in India

SiliconIndia helps applicants with all the information on educational loans given by Banks in India, their procedures, interest rates and requirements. Our Loans section will assist you in securing a loan with a quick turn-around time and in maximizing this amount to meet your requirement.


  • Treatment for mental and nervous disorders - US$ 1,000 - Treatment for mental and nervous disorders including alcoholism and drug dependency, is covered under this policy.
  • In-patient medical expenses related to pregnancy - US$ 500 - Inpatient medical expenses related to pregnancy are covered to a maximum limit of US$ 500, after a waiting period of 10 months.
  • Medical expenses for inter-collegiate sports injuries: Medical expenses for inter-collegiate sports injuries are covered under this policy as part of the medical cover. These expenses will be treated as any other medical expenses for an accident, and will be subject to the terms of conditions mentioned in the policy.
  • Cancer screening and mammography expenses - US$ 2,000 - Cancer screening and mammography expenses examinations on recommendation from physician will be paid under this policy. Expenses would be paid for the usual and customary charges incurred for these test. Any tests done as a part of preventive health check-up is not included under this benefit.
  • Childcare benefits - US$ 100 - If the child is above 90 days of age, and is hospitalized for more than 2 days, for any ailment, hospital cash benefit of US$ 100 per day will be paid, subject to a maximum of 7 days.


  • Buy the policy in Indian rupees, which is 1/3 the cost of buying abroad
  • Accepted by most of the foreign universities as a substitute for their compulsory insurance
  • Medical outpatient expenses covered
  • No pre-medical check-up required
  • Tailor-made plans to meet varied student needs


  • Minimum age of insured persons is 18 years.
  • Maximum age of insured persons is 35 years.
  • Non-insurable persons: professional and semi-professional sportsmen.
  • The policy can be bought by students already studying abroad.


  • Medical expenses arising out of
    • Pre-existing conditions
    • Addiction to alcohol, drugs
    • Mental disorder, anxiety, depression
    • Venereal diseases
    • Sexually transmitted diseases, AIDS, HIV
    • Radiation, nuclear weapons induced
    • Sporting activities
  • Expenses arising out of loss valuables, money, securities and tickets
  • Loss of passport in public places
  • Personal liability of the insured
Banks Providing Education Loan

 Private Banks  Website
 HDFC Bank  www.hdfcbank.com
 Axis Bank  www.axisbank.com
 ING Vysya Bank  www.ingvysyabank.com
 Cosmos Co-Operative Bank Ltd  www.cosmosbank.com
 Public Sector Banks  
 Sate Bank Of India  www.sbi.co.in
 Union Bank India  www.unionbankofindia.co.in
 Bank of India  www.bankofindia.com
 Canra Bank  www.canrabank.com
 Allahabad Bank  www.allahabadbank.com
 Bank Of Baroda  www.bankofbaroda.com

 Oriental Bank of Commerce  www.obcindia.co.in
 Vijiya Bank  www.vijayabank.com
 Syndicate Bank  www.syndicatebank.in
 Indian Overseas Bank  www.iob.in
 IDBI  www.idbi.com
 UCO Bank  www.ucobank.com
 Punjab & Sind Bank  www.psbindia.com
 Fedral Bank  www.federalbank.co.in
 Financial Institutions  
 Credila Financial Services  www.credila.com
 Apna Loan  www.apnaloan.com
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