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Home      Educational Loans      Indian Overseas Bank

Interest Rate
In India
Upto Rs 400000 : 12% pa
Above Rs 400000 : 13% pa.
For Overseas
Upto Rs 400000 : 12% pa
above Rs 400000 : 13% pa.
Collateral and Third Party guarantee required.

Documents to be submitted : Mark sheets,addmission approval,address proof,photgraph,income proof .

Time To Process: 1 Week
 

Tenures : Maximum of five years

Repayment: Maximum after 3 months of completion of course or the date of joining of job which ever earlier



Eligibility: Should have a good academic record.

Maximum Amount for India : Rs 200000
Maximum Amount Overseas : Rs 600000






 
 
 
Contact :
Delhi Tel: 3362003
Bangalore Tel: 2266207
Chennai Tel: 8524142
Hyderabad Tel: 4755324
Kolkata Tel: 2299700
Mumbai Tel: 2182226


Indian Overseas Bank
The education loan offered by Indian Overseas Bank is also known as Vidya Jothi Scheme. Shri. M.Ct.M. Chidambaram Chettyar founded Indian Overseas Bank on 10th February, 1937 with the objective of specializing in overseas banking and business related to foreign exchange. It was nationalized in the year 1969. To know more about Indian Overseas Bank education loans, scroll down the page.