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Bank of Rajasthan Education Loan

Bank of Rajasthan Education Loan

Bank of Rajasthan Education loans are preferred financing options for those people who want to study in india and overseas education. The loans are available with cheap and competitive rates. Online Duniya provide the details mention below will help you get a better understanding of education loans offered by Bank of Rajasthan.

Education Loan Eligibility Criteria of Bank of Rajasthan

The applicant must have had good academic records and also, he must be selected for a specific course.

Important Document of Education Loan Bank of Rajasthan

The candidate must furnish his/her marksheet, proof of admission, specifying the cost of course.

Processing period of Bank of Rajasthan Education Loan Scheme

Within a period of two weeks.

Study Loan Maximum amount

Rs. 1,50,000 (for studies in India)
Rs. 3,00,000 (for studies abroad)

Bank of Rajasthan Education Loan Rate of interest

It the studies are to be pursued in India, for an amount upto Rs. 25,000: 12.75% p.a., From Rs. 25,000 to Rs2,00,000: 14% p.a. For the amount exceeding Rs. 2,00,000: 16% p.a.
For loans applied for studies aboad Upto 25,000: 12.75% and for the amount ranging between Rs. 25,000 to Rs 2,00,000: 14%, while for the amount of loan exceeding Rs. 2.00,000:16% p.a.

Tenure

Till the course is completed.

Repayment

Within a period o 3 to 5 years or earlier.

Details & Contact

Head Office
The Bank Of Rajasthan Ltd.
C-3 Sardar Patel Marg, C- Scheme
Jaipur - 302001
Phone - 91-141-2381222-223-224, 91-141-2381972
Fax - 91-141-2381972
Website - http://www.bankofrajasthan.com