RBL Bank Education Loan- Apply For Education Loan Online

Published: Thursday October 10, 2019 15:17

Pursue higher education with our easy and convenient Education Loan. Our Education loan is a tenor based instalment loan that can be availed for higher education in India and abroad.

1. Loan amount from Rs.50,000 up to Rs 10 lakhs for studies in India and up to Rs.20 lakhs for studies abroad
2. Convenient principal repayment (Moratorium period of 1 year after course period or 6 months after getting job, whichever is earlier)
3. Up to 100% of tuition fee, living expenses and other expenses covered
4. Simplified and hassle free documentation
5. Lower interest rates for top ranking institutions / universities
6. Higher LTV for collateral based loans
7. Hassle-free loan sanction and disbursal procedure
8. No collateral for loan amount up to Rs 4 lakhs

Eligibility & Loan Criteria

1. Applicant & co-applicant should be an Indian resident
2. Minimum net income of Rs. 1.5 Lakhs per annum
3. Co-applicant can be any one - Father / Mother / Brother / Sister and Spouse
4. Co-applicant can be salaried or self-employed individual

For more information click here

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