Bank of Rajasthan offers several kinds of credit facilities including education loans for higher studies. Education Loan offered by this bank is quite high in amount as compared to that offered by the nationalized banks in India.
Eligibility
- Good academic records and selection for the course.
Mark sheet, proof of admission, proof of cost of course
Maximum Amount of Loan
- The amount is Rs 30 lacs for studies in abroad.
- A candidate, planning to study in India can apply for a maximum loan amount of Rs 15 lacs.
For Overseas
- Upto Rs 25000 : 12.75%
- From Rs 25000 to Rs 200000 : 14%
- Above Rs 200000 : 16%.
- Upto Rs 25000: 12.75%
- From Rs 25000 to Rs 200000 : 14%
- Above Rs 200000 : 16%.
- Brochure of the educational institution stating the amount of fees charged
You can repay Bank of Rajasthan Student Loans within a time period of 3 to 5 years.