Cheapest Education Loans In India



Find below the Cheapest Education Loan schemes with lowest interest rates from where money can be lended during the financial year. (2012 -2013). The rate is as on March, 2012.

Minimum Loan Amount50,00050,000
Maximum Loan Amount200,000200,000
Margin Money15.00%15.00%
Bank NameMax. RateMin. Rate
Central Bank of India10.50%13.50%
Union Bank of India10.50%14.75%
United Bank of India10.95%13.20%
State Bank of India12.00%13.50%
Punjab National Bank12.00%14.00%


Last Updated on 3/26/2012