Education Loans in India
Tuesday, January 21, 2020
Education & Career
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Karur Vysya Bank Education Loan Scheme

Eligibility : 


  • Should be an Indian National.
  • Secured admission to Professional / Technical / Academic courses
  • Secured admission to foreign university/Institutions.

Loan Details

Coverage of Expenses

  • Fee payable to college/ school/ hostel.
  • Examination/ Library/ Laboratory fee.
  • Purchase of books/ equipment’s / instruments/ uniforms. Caution deposit/ building fund/ refundable deposit supported by Institution bills/ receipt.
  • Travel expenses/ passage money for studies abroad.
  • Purchase of computers-essential for completion of the course.
  • Any other expenses required to complete the course- like study tours, project work, thesis etc


  • For studies in India - maximum Rs. 10 lacs
  • For studies Abroad - maximum Rs. 20 lacs


  • For loans up to Rs.4.0 lacs - No Margin
  • For loans above Rs. 4 lacs
    - Studies in India - 5%
    - Studies abroad - 15%
Rate of Interest

  • As per bank rules

Repayable in 60 to 84 monthly installments ( i.e. 5 – 7 years ).
Repayment commences after course period + 1 year or six months after getting a Job which ever is earlier.


Contact Details

International Division
Karur Vysya Bank,
KVB Towers, II Floor,  568, Anna Salai, Teynampet, Chennai-600018(T.N)
Phone :   044-24314185, 24314186, 24314187
Fax : 044-24314416
Website : visit
Karur Vysya Bank Divisional Offices

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.