United Bank of India Education Loan for Student

Published: Thursday May 16, 2019 17:33

We are now at your doorstep to support your pursuit for excellence. Our Educational Loan Scheme has been designed to meet your expenses for higher studies in India and abroad

If you are an Indian National and secured an admission to any of the following academic/ professional/ technical courses through Entrance Test/ Selection process in a Board/ Institution/ University.

Courses Eligible for Study in India:

1) Post Graduation Courses : Masters and Ph.D.
2) Professional Courses : Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc.
3) Computer Certificate Courses of reputed Institutes accredited to Dept. of Electronics or Institutes affiliated to University
4) Courses like ICWA, CA, CFA, etc.
5) Courses conducted by IIM, IIT, IISC, XLRI, NIFT, etc.
6) Courses offered in India by reputed foreign Universities
7) Evening Courses of approved Institutes
8) Other Courses leading to Diploma/ Degree, etc. conducted by Colleges/ Universities approved by UGC/ Govt./ AICTE/ AIBMS/ ICMS etc.

Courses Eligible for Study Abroad:

1) Graduation : For job-oriented professional/ technical courses offered by reputed Universities.
2) Post Graduation : MCA, MBA, MS etc.
3) Courses conducted by CIMA - London, CPA in USA etc.


The student of Indian national to pursue admission to a professional/technical course through      entrance test / merit based selection process either inland or abroad.

Quantum of Loan:

For study in India : Max. Rs. 10 Lac
For study abroad : Max. Rs. 20 Lac

Rate of Interest :

Upto Rs.7.50 lac- MCLR-Y+2.20% i.e. 11.05%
>Rs.7.50 lac- MCLR-Y+2.15% i.e. 11.00%


**Note the above information may change without notice. Refer to the respective bank website for updated information.

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