Education loan from PSU banks with lowest interest rate(amt. Rs 4L)
Below are the list of PSU banks providing lowest interest rates on education loan without collateral
| Loan Provider | Loan Amount | Interest Rate | Scheme Name | Eligible Institution |
|---|---|---|---|---|
| Bank of Baroda | upto 4 lakh | 9.8%-11.15% | Baroda Digital Education Loan, Baroda Scholar, Baroda Executive Development Premier Insitutions (For Studies Abroad) | List B: IFMR, LIBA, SRM as per bank website |
| Canara Bank | upto 4 lakh | 10.85%-11.25% | Vidya Sagar Scheme | As per bank wesbite |
| Central Bank of India | upto 4 lakh | 8.1%-11.5% | Education loans to Students Pursuing MBA / Engineering / Medical from reputed Institutes | AAA Category : IIM as per bank website AA Category XLRI as per bnak website A Category BITS, IICA, ISM as per bank website B Category: ACDS, ACMS, AIL as per bank website C Category: CEPT, NIT, IIPE, NIT as per bank webite D Category: UCE, XSOS, SITM as per bank website |
| State Bank of India | upto 4 lakh | 10.65% | SBI Skill Loan Scheme | As per bank wesbite |
| Union Bank of India | upto 4 lakh | 9.3%-12.55% | Union Education Premier Abroad Special Union Education Scheme Tier-I Premier Managment and Technical Insitutes Union Education Under CGFSEL | As per bank webite |
| Punjab National Bank | upto 4 lakh | 9.5%-11.25% | PNB Saraswati, Udaan, Kaushal, Honhaar | IIMs, IITs, IISc, XLRI. NIFT, NID as per bank website |
| Indian Bank | upto 4 lakh | 9.55% | Indian Bank Skill loan | As per bank webite |
| UCO Bank | upto 4 lakh | 10.85%-12.1% | UCO Bank Education loan Scheme | As per bank webite |
| Indian Overseas Bank | upto 4 lakh | 9.75%-10.25% | IOB Vidya Shrest | LIst A,B as per bank website |
| Punjab and Sind Bank | upto 4 lakh | 9.1%-11.6% | PSB Education Loan | As per bank webite |
