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Home / Article / Education Loan for Students, Study Abroad, SBI, PNB, BOB, HDFC Interest Rates

Education Loan for Students, Study Abroad, SBI, PNB, BOB, HDFC Interest Rates

Education Loan for Students

Development of any country is based on education. Education is the right of everyone whether the person is rich or poor. But nowadays Study in abroad is also the dream of most of the students.  Oxford, University of California, University of Cambridge and a number of top universities are making a bright career to their students by placing them in reputed companies. So if you are not financially capable for study abroad and want to do it then you do not need to worry about the college fee and other expensive because now SBI, PNB, BOB, HDFC and almost every bank in India provide loans to students who wish to study abroad. So here we are providing you the details of Education Loan in SBI, PNB, BOB, and HDFC for Study Abroad through our portal portalforjobs.com.

Some banks provide loan on fixed interest rate while some offer variable rate. A fixed rate remains the same for the duration of the loan but variable rates change quarterly, and may be increase or decrease.

SBI Bank Interest Rate

Loan Amount Rate of Interest*
For loans upto Rs.4 lacs 3.50% above Base Rate, currently 13.20% p.a.
Above Rs.4 lacs and upto Rs.7.50 lacs 3.75% above Base Rate, currently 13.45% p.a.
Above Rs.7.50 lacs 1.75% above Base Rate, currently 11.45% p.a.

 PNB Bank Interest Rate

Loan Amount Rate of Interest*
Rs. 20 lacs 13% to 14.5% per annum

 BOB Bank Interest Rate

Loan Amount Rate of Interest*
Rs.20 Lacs 12.5% to 14.5% per annum

 HDFC Bank Interest Rate

Loan Amount Rate of Interest*
Rs.20 Lacs Attractive interest rate

So Guys! Through the education loan you can get study in abroad and this will help you to fulfill your dreams. So go ahead and do your best.

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