Well below I have given you the details for the quantum of loan and the interest rates so you can have a look

Quantum of Loan Maximum Repayment Tenure

Up to Rs 7.50 lakh 10 years

Above Rs 7.50 lakh 15 years

Interest Rates:

The following tables list out the Union Bank Education loan interest rates not only for higher education as well as vocational training for male and female students.

Quantum of Loan Interest Rate (Male students) Interest Rate (Female students)

Up to Rs 7.50 lakh 12.25% (fixed) 11.75% (fixed)

Above Rs 7.50 lakh 12.00% (fixed) 11.50% (fixed)

Union Bank Education Loan Course Eligibility:

Graduation / Post Graduation / Diploma courses offered by recognized universities / colleges.

Technical / management / professional courses


Documentation Required for Union Bank of India Education Loan:

To apply for the Union Bank of India Education Loan, applicants need to furnish the following documents.

Proof of identity – Passport, PAN Card, Employee Identity card or any other valid proof
Proof of address - Electricity bill, Telephone bill, Ration card or any other valid proof.
PAN Card
Bank statement for the last 12 months
Admission documents, Admission Letter, Admit Card.
Schedule of expenses including the fee structure and living expenses.
Mark sheets for Class X or equivalent onwards.
3 photographs
Proof of any out-goes
Loan repayment statement (If any)
LIC Policies (If any)
Any other document asked for in the application form