Canara Bank Education Loan

Canara Bank offers education loans for students willing to pursue higher studies in India or abroad. Students applying for the education loan from Canara Bank should be Indian resident and need to have atleast a minimum of 21 years of age. Students who get admission to various professional and technical courses through merit based selection process or entrance examination are eligible to apply education loan from canara bank.

Canara bank education loans are available for various graduation, post graduation, computer education and diploma courses offered by recognized universities or government statutory bodies in India. A maximum of Rs.10 lacs is provided for studying in India and Rs.20 lacs for education abroad from canara bank as education loans. Canara bank charges various securities for issuing education loans for students in india.

A maximum time period of five to seven years is given to the students for the repayment of the education loan from the canara bank. The education loan provided by canara bank includes the fees payable to colleges or institutions, examination fees and even hostel charges. It also includes the cost of purchasing various articles required for the completion of the course. The passage money and travel expenses are also included in the canara bank education loan.

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8 Responses to “Canara Bank Education Loan”

  1. Dipankar Banik 24. Jun, 2010 at 9:43 pm #

    Dear Sir/Madam,
    I,Dipankar Banik, completed my BBA program from The ICFAI University,Agartala,Tripura. Now I want to do MBA in International Institution of Management in New Delhi,Okhla phase-1. I was already admitted in this institute by giving registration fee Rs.30,000/-. My course fee for doing MBA is 3.2 lacs.
    So,I therefore, pray you that you please kindly grant my request.
    Thanking you.
    Dated: 24.06.2010.

    Yours Faithfully,
    Dipankar Banik
    Agartala,Tripura.

  2. dastagiri dudekula 24. Jun, 2010 at 9:51 pm #

    respected sir,
    I am a student. I want to study MCA I need educational loan in our CANARA BABK.I have an account in canara bank.My a/c no:2351108007613 at puttaparthi branch in Anantapur district. I am qualified in Icet-2010 examination for MCA.With your kind heart please grant me education loan for my further studies.

    Thnk you.

    Yours sincerely,

    dasthagiri dudekula.

  3. jayshree 10. Jul, 2010 at 10:59 am #

    i have completed my puc i want education loan for engineering, my age is 18, iam doing part time job for salary about4000. will i get o loan for 30,000

  4. GIAS UDDIN AHMED 10. Jul, 2010 at 1:58 pm #

    dear sir,i hope to doing phd course,so ihave need loan from ur bank.i have need 4lacks for my course.plz. help me.

  5. sreeraj 20. Jul, 2010 at 10:12 am #

    dear sir,
    i would like to do NEBOSH Diploma(National Board of Occupatioanal Safety and Health) course from UK certificate studying in kerala, i required 4 lacks for study, i would like to know whether this course is approved in ur list . kindly reply me , the course starts on Nov 1st .

  6. OMKAR PATKI 03. Aug, 2010 at 8:57 am #

    sir,in newspaper i read that canara bank is providing education loan @0.0% of interest is it really practical?please sir guide me.yours faithfullwy omkar patki.tu

  7. vivek v i 12. Feb, 2011 at 4:47 pm #

    to manager,
    sir,
    I have applied for educational loan in canarabank periyanickan palayam branch before 6 month i have no responce from the bank so, i request your to give my loan as soon as possible.

  8. allah ditta 29. Sep, 2011 at 2:49 pm #

    i am diploma student
    i want loan 30000rs i am from pakistan

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