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Old March 21st, 2016, 03:33 PM
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Join Date: Nov 2011
Default Re: Allahabad Up Gramin Bank Education Loan

Allahabad UP Gramin Bank is a Regional Rural Bank which was established in 2010 with the amalgamation of the erstwhile Lucknow Kshetriya Gramin Bank and Sitapur and Triveni Kshetriya Gramin Bank, Orai.

Allahabad Bank Education loan details
Interest Rates 9.70% – 11.70%
Max. Loan Amount 20 Lakh
Processing Fees NIL
Loan Repayment 7 years

Education Loan Interest Rates
For studies in India
IMs, IITs & others – Interest Rates are 9.70%
NITs & others – 11.20%
Other Institutes – 11.70%

For studies Abroad
For loan amount up to Rs.4.00 Lakh – 11.70%
For loan amount above Rs.4.00 Lac up to Rs.7.50 Lac – 11.70%
For loan amount above Rs.7.50 Lac – 11.20%

Board of Directors
Sri M.N.Patel

Shri Raghuraj Sharma
Nominee of Government of India

Shri Subhash Agrawal
Nominee Director of RBI

Mr. B. Raghunath
Nominee Director of NABARD

Shri Pramod Kumar
Director Nominee of DIF

Sri Ramkrishna
Nominee of DIF

Shri A.K.Srivastava
Nominee Director of Sponsor Bank)

Sri L.V.Prabhakar
Nominee Director of Sponsor Bank
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