Allahabad Bank Education Loan Scheme
Tuesday, January 21, 2020
Education & Career
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Allahabad Bank Education Loan Scheme

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Allahabad Bank Education Loan Scheme aims at providing financial support from the banking system to meritorious students for pursuing higher education in India and abroad.

A meritorious student, though poor, is provided with an opport unity to pursue education with the financial support from the banking system with affordable terms and conditions.



Studies in India (Indicative list):
Approved courses recognized by UGC/ Govt. / AICTE/ AIBMS/ ICMR etc.

Studies Abroad:
For job oriented professional/ technical courses offered by reputed universities.

Coverage of Expenses 

Fee payable to college/ school/ hostel and other related expenses.

Loan Amount


Rate of Interest

For interest rate check out this link, Allahabad Bank Interest Rate

Moratorium period

Course Period plus one year or Six Months after getting Job, whichever is earlier.


Repayment - up to 15 years

Processing Fee

Contact Details

Allahabad Bank Head Office,
2, N. S. Road, Kolkata -700 001
EPABX Nos.: 033 2242 0851 / 2242 3373
2242 0863/ 2242 0915/ 2242 0869/ 2210 3777
2242 0900 / 2242 0883/ 2242 0912
Website : visit


Click here for the nearest bank branches

Note : Since the rules, regulations, eligibility conditions, repayments and interests rates etc. are revised by the banks from time to time in keeping pace with the changing capital market conditions, students and parents are advised to thoroughly check the terms and conditions of educational loan scheme on offer at the time of application.

   Allahabad Bank , Loan for study abroad

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