Indian Overseas Bank (IOB) is offering education loans for the students in india under the scheme VidyaJyothi very quickly at low interest rates in a easy hassle free process, The indian nation students who secured admission to professional/technical courses in India or abroad can avail the Indian Overseas Bank education loans.
For studies in india the education loan from Indian Overseas Bank is made available for Graduation/Post graduation/Diploma/Computer education in any recognized State/Central Government/University, professional courses including Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, courses like ICWA, CA, CFA, etc. And for studies abroad, Indian Overseas Bank education loans will be made available only for Graduation and Post Graduation Courses offered by Reputed Universities and not for diplomas.
Indian Overseas Bank provides the education loan upto a maximum amount of Rs. 10.00 lakh for studying in India and Rs. 20.00 lakh for studying in abroad. To get the Indian Overseas Bank education loan the students needs to visit their nearest Indian Overseas Bank branch office, Other than that the students can also apply the education loan online at Indian Overseas Bank official website (iob.in).
The education loan borrowers can repay the loan amount to the Indian Overseas Bank in equal monthly Instalments for a maximum period of 5 – 7 years excluding holiday period.
In iob bank they not give full amount for education loan…. I had many doubts about loan…. Please send your conduct number to 7708129142