Loan Amount | Education Loan for Masters

It's expensive to manage higher education with a student loan. You must choose a product that covers your costs and does not drain your bank account. After all, an education loan is a ten-year financial commitment, so choose a package that will allow you to save money while paying for your Master's degree.

To determine the overall cost of pursuing a Master's degree at a foreign university, one must start at the beginning of the application process. The sum varies depending on where the institutions you've been admitted to are located. While having scholarships in hand is always beneficial, many students may achieve their Master's degree goals by taking out a complete loan that covers tuition, living fees, and other extraneous expenditures.

Name of the bank	Loan amount limit	Processing Fees	Loan tenure	Moratorium period	Margin Money
State Bank Of India	For India - Upto INR 20 Lakhs For abroad - Upto INR 1.5 crore	INR 10,000 + GST	Maximum 15 years	Course period + 6 months	10%
Bank of Baroda	For India - Upto INR 60 Lakhs For abroad - Upto INR 80 lakhs	INR 10,000 + GST	Maximum 15 years	Course period + 12 months	Above INR 4 lakhs - 10%
Canara Bank	Upto INR 40 lakhs	Nil	Maximum 15 years	Course period + 12 months	5% to 15%
Bank of India	For India - INR 10 lakhs For abroad - INR 20 lakhs	For India - NIL For abroad - INR 5000	Maximum 15 years	Course period + 12 months	15%
Central Bank of India	No upper limit	Loans upto INR 10 lakhs - INR 500 Loan above INR 10 lakhs - INR 1000	10 - 15 years	Course period + 6 or 12 months	15%
Indian Overseas Bank	For studies in India - INR 30 lakhs For abroad studies - INR 40 lakhs	Nil	15 years	Course period + 12 months	5% to 15%
IDBI Bank	INR 20 lakhs	For India - NIL For abroad - INR 5000 (refundable)	10 - 15 years	Course period + 6 months	upto 15%
Karur Vysya Bank	For India - INR 10 lakhs For abroad - INR 20 lakhs	Nil	Upto 7 years	Course period + 6 or 12 months	upto 15%
United Bank of India	For India - INR 10 lakhs For abroad - INR 20 lakhs	Nil	10 - 15 years	Course period + 6 or 12 months	upto 15%
Union Bank of India	No upper limit	Nil	15 years	Course period + 12 months	15%
Indian Bank	For India - INR 15 lakhs For abroad - INR 25 lakhs	-	10 - 15 years	Course period	5% to 15%
UCO Bank	For India - INR 10 lakhs For abroad - INR 20 lakhs	Nil	Up to 15 Years	Course period + 1 year	For India - 5% For abroad - 15%
Punjab National Bank	INR 40 lakhs to INR 60 lakhs	1% of the loan amount	15 years	Course period + 12 months	15%
Oriental Bank of Commerce	For premium colleges - INR 20 lakhs For others - INR 10 lakhs	-	Up to 15 Years	Course period + 12 months	15%
Andhra Bank	INR 20 lakhs	-	5-7 years	Course period + 12 months	upto 15%