Bank of Rajasthan Student Loans
Established and currently retaining as private sector bank in India, Bank of Rajasthan deals with various areas of forex, providing industrial finance and also providing educational loans to pursue higher studies. The main speciality of this bank as compared to other nationalized banks in India is that this bank provides much higher amount of loan for studies.
Amount of Education Loan of Bank of Rajasthan
There is a limit to the amount of education loan sanctioned by Bank of Rajasthan.
- A candidate, planning to study in India can apply for a maximum loan amount of Rs. 15 lacs.
- The amount is Rs. 30 lacs for studies in abroad.
Time of processing and essential documents
It takes about 15 days to complete the proceedings of a loan and you need to submit mark sheets as well as proof of your admission and educational cost to the bank while applying for the loan.
You can repay Bank of Rajasthan Student Loans within a time period of 3 to 5 years.
For knowing more about the rate of interest and other details of Education Loan of Bank of Rajasthan, you can click on Bank of Rajasthan