Andhra Bank Education Loan

• Eligibility:
  
  
  • Age :
    • 12-30 years for studies in India
    • 18 to 35 years for study in other countries
      
      
      
• Qualifying Marks Exempted
  
  
  • Quantum of Loan:
    Maximum
    • Rs. 10.00 Lacs for studies in India
    • Rs. 20.00 Lacs for Studies Abroad
    
    
  • Purpose of Loan :

    • To meet cost of Tuition fee, Hostel fee, Examination fee, Books, Project work, Study tours, and Refundable deposits.
    PLUS
    • AIR PASSAGE AND MAINTENANCE, FOR ABROAD STUDIES.
    
    
  • Margin :
    • Upto Rs.4.00 Lacs Exempted
    • Above Rs.4.00 Lacs 5% In India 15% for Abroad Studies.
      
      
  • Security:
    • Upto Rs.4.00 Lacs guarantee of parent
    • Rs.4.00 to 7.50 lacs - guarantee of the parent
    • Above Rs.7.50 Lacs--Collateral Security of suitable value & guarantee of the parent
  For more details visit: Andhra Bank