Andhra Bank is one among the reputed banks that offer educational loans in India.The main objective of the Andhra Bank is to provide top quality financial services to its customers.
Andhra Bank was established by the eminent freedom fighter and a multifaceted genius, Dr.Bhogaraju Pattabhi Sitaramayya on 20th November 1923. Andhra Bank offers education loans to the students who are willing to pursue their higher education in india and abroad.
Andhra Bank educational loans provides financial assistance to the students to complete graduation, post graduation and pilot training programs certified by competent authority of a particular nation. Andhra Bank also provides loans to students willing to join the programs offered by CPA in USA and CIMA-London.
Students who are having a minimum of 18 years age and having indian citizenship are eligible to apply educational loan from Andhra bank. Students need to take admission to relevant technical or professional courses through entrance examination or a merit based selection process to get the educational loan approved from Andhra bank officers.
Andhra Bank student loan also covers the various educational expenses of the students which include travel expenses, cost of books and other necessary articles, refundable deposit, caution money, building fund and also issues DD in favor of CET cell.
The maximum amount of loan granted by Andhra Bank for education in India, is Rs.10 lacs and Rs.20 lacs for study in abroad. You can repay the Andhra bank educational loan amount in seven years.
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