Ratnakar Bank provides Education Loan to student to Pursue higher education with our easy and convenient Education Loan.

Education Loan

Pursue higher education with our easy and convenient Education Loan. Our Education loan is a tenor based instalment loan that can be availed for higher education in India and abroad.

Product Features

Loan amount from Rs.50,000 up to Rs 10 lakhs for studies in India and up to Rs.20 Lakhs for studies abroad.

Convenient principal repayment (Moratorium period of 1 year after course period or 6 months after getting job, whichever is earlier)

Up to 100% of tuition fee, living expenses and other expenses covered

Simplified and hassle free documentation

Lower interest rates for top ranking institutions / universities

Higher LTV for collateral based loans

Hassle-free loan sanction and disbursal procedure

No collateral for loan amount up to Rs 4 lakhs

Eligibility & Loan Criteria-

Minimum net income of Rs. 1.5 Lakhs per annum

Co-applicant can be any one - Father / Mother / Brother / Sister and Spouse

Co-applicant can be Salaried or Self-employed individual

Applicant & co-applicant should be an Indian Resident

Co-applicant is mandatory for all loans.

Terms and Conditions apply

All Loans at the sole discretion of RBL Bank..

Contact-

RBL Bank Ltd
718/1, Subhash Road, Mandi Peth,, Ellamma Nagar, Vinobha Nagar, Davangere, Karnataka 577001