As you want to know the Interest Subsidy of Education Loans From Union Bank Of India as under:

Union Education Loan Interest Rates 2016

Quantum of loan Rate of Interest
For Male student For Female student
Up to 4.00 Lakh 12.65% (fixed) 12.15% (fixed)

4.00 Lakhs to 7.50 Lakh 12.40% (fixed) 11.90% (fixed)

Above 7.50 Lakh 11.65% (fixed) 11.15% (fixed)

Maximum Loan Amount Limit

10 Lakh for Studies in India

20 Lakh for Studies in Abroad

Margin in Loan or Education loan

For loans upto 4 Lakhs, the margin is nil for you, you can get 4 lakh of loan amount.

For loans above 4 Lakhs, than you have to arrange 5% in case of studies in India & 15% in case of Abroad.

Repayment Options details

10 Years in case of loan amount Upto 7.50 Lakh loan amount

15 Years in case of loan amount above 7.50 Lakh

Eligibility

All Indian people are eligible who want to pursue further education Courses which are covered under Union Bank education loan scheme are – Graduation / post-graduation / diploma courses from recongnized universities, Technical / professional / management courses.
Diploma courses abroad are not enclosed under Union Bank education loan schemes.