Education loans from IDBI Bank aim at providing financial support to deserving/ meritorious students for pursuing higher education in India and abroad. With an array of courses to choose from and easy repayment options, IDBI Bank makes sure you get complete financial backing.

Courses offered

An installment based loan for all courses mentioned below:

• Graduation courses : BA, B.Com., B.Sc., etc
• Post Graduation courses : Masters & Phd
• Professional courses : Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer etc
• Computer certificate courses of reputed institutes accredited to Dept. of Electronics or institutes affiliated to university
• Courses like ICWA, CA, CFA etc
• Courses conducted by IIM, IIT, IISc, XLRI. NIFT etc
• Courses offered in India by reputed foreign universities
• Evening courses of approved institutes
• Other courses leading to diploma/ degree etc. conducted by colleges/ universities approved by UGC/ Govt./ AICTE/ AIBMS/ ICMR etc
• Courses offered by National Institutes and other reputed private institutions. Banks may have the system of appraising other institution courses depending on future prospects/ recognition by user institutions.

Studies abroad:

• Graduation: For job oriented professional/ technical courses offered by reputed universities. Post graduation: MCA, MBA, MS, etc. Courses conducted by CIMA- London, CPA in USA etc.

• Regular Degree/Diploma courses like Aeronautical, pilot training, shipping etc., approved by Director General of Civil Aviation/Shipping. In case the course is pursued abroad, the Institute should be recognized by the competent local aviation/shipping authority

Amount of loan: Maximum loan amount : Study in India-Rs.10 lakhs
Study Abroad -Rs.20 lakhs

Loan Amount: Upto Rs. 4 lac    - Nil Above Rs. 4 lac -
- studies in India - 5% of the total course expenditure
- studies abroad - 15% of the total course expenditure

Maximum loan amount : Study in India-Rs.10 lakhs Study Abroad -Rs.20 lakhs

Loan Margin : Upto Rs. 4 lac    - Nil Above Rs. 4 lac -
- studies in India - 5% of the total course expenditure
- studies abroad - 15% of the total course expenditure

For More Details Visit : http://www.idbi.com/products/educationalloan_applynow.asp

Download - Education Loan Aplication Form