Private College Student Loan

What is the share of education loan provided by Private Banks in India?

Public Comments

1. Unfortunately Private Banks in India are there to make MONEY. Only three Private Banks give Education loan 1) HDFC Bank 2) ICICI Bank 3) Centurion bank of Punjab They will give you an Educational Loan but the condition would be that you have to pay the interest during the course tenure which is not practical inc case of Education Loan for Abroad As per the RBI rules ( which are not followed by the Private Banks) Banks are suppose to give Educational Loan for studies Abroad with a Max Cap of Rs 20Lakhs without any trouble. But, the ground reality is different the Banks will ask all rubbish , useless documents . Education comes under priority sector. In terms of the share it might be about 25% . 75% is with PSU Bank's