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Canara Bank Education Loan

Bank Link

http://www.canarabank.com/English/Scripts/CanEduLoan.aspx
Loan Amount

Upto Rs. 10.00 lakhs for Studies in India: Upto Rs.20 lakhs for Studies Abroad
Interest Rate

10.25%-12.5%
Tenure

Information Not Available
Pre Payment Charges

2% on the outstanding liability in case of take over of the loan by other bank / FI
Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Service Charges

Proscessing Charges:

For Studies in India : NIL

For studies abroad :1% of the loan amount In case the sanctioned loan is availed by the borrower, the processing charges is recredited to the education loan account

Self
Minimum Age (in yrs.)

Co-Applicants and Students Age will be considered
Minimum Income (in Rs.)

Co-Applicant Income will be considered
Minimum Work Experience (yrs.)

Co-Applicants Job Experience will be considered
Residence Status (yrs.)

Minimum Duration of Stay Not Available
Id Proof

Co-Applicants :Passport Copy/ Voters ID card/ Driving Licence/Copy of PAN Card
Address Proof

Co-Applicants :Ration card Telephone or electricity Bill/ Rental agreement/ Passport copy
DOB Proof

Co-Applicant's and Student's:Birth Certificate or 10th Class Passing Certificate
Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Salaried
Minimum Age (in yrs.)

Co-Applicants and Students Age will be considered
Minimum Income (in Rs.)

Co-Applicant Income will be considered
Minimum Work Experience (yrs.)

Co-Applicants Job Experience will be considered
Residence Status (yrs.)

Minimum Duration of Stay Not Available
Id Proof

Co-Applicants :Passport Copy/ Voters ID card/ Driving Licence/copy of PAN Card
Address Proof

Co-Applicants :Ration card Telephone or electricity Bill/ Rental agreement/ Passport copy
DOB Proof

Co-Applicant's and Student's:Birth Certificate or 10th Class Passing Certificate
Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.
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