United Western Bank Education Loan- Student Loan in India
United Western Bank Education Loan Scheme
A candidate should have a good academic record.
Academic records and admission approval.
Amount of Loan
- Maximum amount of loan that can be granted for study in India: Rs. 7,50,000
- Maximum amount of loan that can be granted for study Overseas: Rs. 15,00,000
Rate of Interest
- For study in India, for an amountupto Rs. 4,00,000: 13%
- If the amountis more than Rs. 4,00,000: 13.5% p.a.
- For study Overseas, for the amount upto Rs. 4,00,000: 13%
- And the amount exceeding Rs. 4,00,000: 13.5% p.a
Collateral and Third party Guarantee required.
Maximum of 7 years
After the completion of the course