Are you looking for education loans? RBI and Government is encouraging banks to give education loans to eligible students for studies in India and Abroad. All the Indian Banks are now offering student loans for education for professional and non-professional courses without collateral and at different interest rates. So it is good to select a bank which offer cheapest education loan with less interest, anyway you have pay back the education loans as soon as you finish the studies.

So here are the 5 banks which offer the cheapest education loan with the lowest interest rates.

BankInterest Rate
United Bank of India11%
Punjab National Bank11.25%
Syndicate Bank11.50%
State Bank of Bikaner and Jaipur11.75%
Corporation Bank12%

Do you know any other bank which offers education loans cheaper than this?

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