Education Loan - Andhra Bank - Freeadmissionalerts - Latest Online Admission, Entrance Exams & Career News

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Education Loan - Andhra Bank

Andhra Bank

Maximum Amount for India : Rs 100000
Maximum Amount Overseas : Rs 500000
Documents to be submitted: Bank documents, Academic records

Interest Rate in India
Upto 400000 : 12%
Above Rs 400000 : 13.5% pa.
Interest Rate for Overseas
Loans Upto 400000 : 12%
Above Rs 400000 : 13.5% pa.
Collateral and Third Party Guarantee are required

Tenures: Maximum of 5 years

Eligibility: 1st class marks in previous exams and selected for proffesional course
Repayment 1 year after completion of course or 3 months after getting a job whichever is earlier.

When to Apply: After getting Admission in college/institute

Time taken to process documents: 1 Week

Delhi Tel: 3350248
Bangalore Tel: 2242932
Chennai Tel: 4991868, 4994294
Hyderabad Tel: 4756023-25
Kolkata Tel: 2471359
Mumbai Tel: 2046160, 2047620

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