Andhra bank education loan

What is the loan scheme of Andhra bank for the education loan? What is the interest rate of Andhra bank for the education loan? Please give me the full details about Andhra bank education loan? What is scheme for the repayment?

Andhra Bank Education loan for studies in India


Eligibility of Applicant
1. Student must be an Indian National
2. Student must be over 18 years of age but within 30 years
3. Secured admission to Professional/ Technical courses through Entrance Test/ Selection Process.
4. There is no minimum qualifying marks

Eligible Courses for educational loan in India

School Education/ Intermediate/ Graduation Courses/ Post Graduation Courses/ Professional Courses: Engineering/ Medical/ Agricultural/ Veterinary/ Dental/ Physiotherapy/ Nursing/ Law/ Management/ PGDRIM/ ICWA/CA/CFA/IIM/ IIT/IISC/XLRI/NIFT and any other study courses approved by State/ Central Government.
All other courses leading to diploma/ degree etc., conducted by colleges/ universities approved by UGC/ Govt./ AICTE/ AIBMS/ ICMR etc., and offered by National Institutes and other reputed private institute.

Financial Assistance

Need based finance subject to repaying capacity of the parents/ students with a maximum amount of Rs. 10.00 lacs.
There is no margin money requirement upto a loan of Rs. 4,00,000/-. However, 5% margin money is required for loan above this amount.

Disbursement of loan amount

The loan amount shall be released in proportion to the number of years, depending upon the progress of the student. The student have to produce a certificate from the competent authority for successful completion of academic year for further releases of loan amount.

I want my son to do MBA from abroad, does Andhra Bank offers education loan for study abroad also. If yes then please tell me that from where I can get the application form this education loan. I suppose there is some scheme of interest waiver, whts that who are eligible for that? Also tell me what are the conditions of education loan repayment?

How can I get the application form of Andhra bank education loan? What is the interest rate of Andhra bank education loan? Please give me the details of Andhra bank education loan?

What is the rule for the Andhra bank education loan? What is the scheme Andhra bank education loan? How can I get the Andhra bank education loan?

Education loan to study in India Eligibility

• Indian Citizenship
• age limit should be between 18 to 30 years
• the candidate must have secured admission in progessional/technical courses through entrance test/selection process

The bank disburse the loan amount up to Rs. 10 Lacs looking upon the repaying capacity of the parents of student. Up to 4 Lacs bank does not take any margin money but above 4 lacs the bank take 5% as margin money. The loan amount got released with the span of time as per the requirement of the course. The candidate are required to submit the passing document to get the other part of loan.

I have completed 12th class with 80% and want to go abroad for further higher studies but I can’t afford the expenses so I want to take education loan from Andhra bank. Can you tell me what the interest rate is for its education loan and how I can apply for the loan at the bank?

Hello sir I want information about Andhra Bank education loan scheme, can you tell me who can apply for education loan at Andhra Bank? My friend want to do MBA and for faced financial problem he want to apply for education loan, so please tell me how can he apply for it? What is the interest rate for Andhra Bank education loan at present time?

Could you please also let us know is the rate of interest for the education loan while studying in India???

Rate of interest of education loans from all the Indian Banking system are guided by Reserve Bank of India, which varies from time to time. In the last one year interest rates were revised thirteen times by RBI. Therefore, you should check rate of interest with the concerned bank at the time of making loan application.

I want to go abroad to do MBA so I want to take Education Loan from Andhra Bank. Would you please tell me whether the Bank offers Education loan or not? If yes, tell me what the interest rate is of this Loan.