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Old 18th November 2015, 02:27 PM
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Default United Bank of India Education Loan Interest Rate

Hello sir I am Shaifali, can you please provide me information about the Education Loan Interest Rate of United Bank of India??
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Old 18th November 2015, 02:58 PM
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Join Date: May 2012
Default Re: United Bank of India Education Loan Interest Rate

Here I am providing you all the info about the Education Loan of United Bank of India

Courses Eligible for Study in India:
Post Graduation Courses: Masters and Ph.D.
Professional Courses: Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, Computer, etc.
Computer Certificate Courses of reputed Institutes accredited to Dept. of Electronics or Institutes affiliated to University.
Courses like ICWA, CA, CFA, etc.
Courses conducted by IIM, IIT, IISC, XLRI, NIFT, etc.
Courses offered in India by reputed foreign Universities.
Evening Courses of approved Institutes.
Other Courses leading to Diploma/ Degree, etc. conducted by Colleges/ Universities approves by UGC/ Govt./ AICTE/ AIBMS/ ICMS, etc.

Interest Rates:-
United Education Loan Scheme (Floating Rate)
Upto 4.00 lac – 12.75%
Above Rs. 4.00 lac -13.00% p.a.
Above Rs 7.5 Lac - 12.25% p.a

Courses Eligible for Study Abroad:
Graduation: For job-oriented professional/ technical courses offered by reputed Universities.
Post Graduation: MCA, MBA, MS, etc.
Courses conducted by CIMA – London, CPA in USA etc.

Quantum of Loan:
For study in India: Max. Rs. 10 lac
For study abroad: Max. Rs. 20 lac
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