Education Loans in India

Till some years back higher education and quality education was not affordable to some illustrious students because of the financial constraints. There was no any alternative but to jump in the job market prematurely. And this led to untimely end of budding talents and their forceful transformation into to the mediocrity.
Scholarshipswere there, but those were so less in numbers that only luckier few could avail them. But now the scene has changed drastically. The boom in the banking sector has led to release of large amount of funds for education loans. Now, education loans are easily available from various banks in India and this change is encouraging more and more students to take up higher education despite their financial shortcomings.
Many nationalized banks have come up with various educational loan schemes that students can benefit from.Even private banks are not lagging far behind. The wave of change could be well gauged from the amusing situation that immediately after the results announcements of CAT or PMT/ IIT JEE, the representatives of the banks queue up for giving education loans to the successful candidate even with very flexible conditions. This scenario is certainly helping the illustrious students to pursue higher education and realize their dreams. Here, we have tried to list the name of banks and the details about various educational loans provided by them.

Education Loans [education loans provided by them]-

Allahabad Bank
Bank of Baroda
Punjab National Bank
Indian Bank
State Bank of Mysore
Andhra Bank
Bank of India
State Bank of Indore
Karnataka Bank
Bank of Maharashtra
Bank of Rajasthan
Canara Bank
Catholic Syrian Bank
Central Bank
Dena Bank
Development Credit Bank
Federal Bank
HDFC Bank
IDBI
Mysore Bank
Oriental Bank of Commerce
Indian Overseas Bank
Punjab and Sind Bank
State Bank of Hyderabad
State Bank of India
Syndicate Bank
UCO Bank
United Western Bank
Vijaya Bank
Vysya Bank
United Bank Of India
State Bank of Saurashtra