Bharat Overseas Bank Education Loan | Education Loan in India | Student Loan in India | Education Loan for Higher Studies

Bharat Overseas Bank Student Education loan

Now higher education is within your reach, thanks to Saraswathi.

A boon for students with a academic record and an ambition to go places. A unique loan scheme for Post Graduate and Professional courses of study in recognized institutions / Universities both in India and abroad. Tuition fees, hostel fees, cost of books, examination fees and airfare (in case of study abroad) are covered by the scheme.
Coverage of Expenses

  • Tuition fees
  • Hostel fees
  • Cost of books
  • Examination fees and airfare (in case of study abroad)
Exclusive features:
   Maximum loan amount is Rs.7.5 lakhs for education in India
  and Rs.15 lakhs for education abroad
   Loan repayment period is 5 to 7 years
   Interest rates: Only PLR (13.5% at present) for over Rs.4 Lakhs   and a reduction of 1% for loans less than Rs.4 lakhs*