Education Loans
Pursuing Higher/Vocational studies in India maximum Rs. 10 lakhs and abroad Rs 20 lakhs.
Overdrafts
Excess money withdrawal over and above credit balance in accounts up to limit sanctioned on the basis of eligibility
Did You Know?
Students can also register on GOI Vidyalaxmi Portal for Educational Loan application and tracking.
Facts:
The rate of interest on Bank loans is very low as compared to money lenders. So, if a money lender mentions 3% interest rate, it means 36% per year whereas if a Bank mentions 12% interest rate, it means 12% per year.