Syndicate Bank Educational Loans |

Syndicate Bank
Website :

Bank Type : Nationalized Bank

Abroad Courses

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. Other Foreign Diploma courses are not eligible.

Provided study loan amount in India : Upto 10 Lakhs

Provided study loan amount in Abroad : Upto 20 Lakhs

Eligibility :

Should be an Indian National. Secured admission on the basis of merit to professional/technical courses through Entrance Test/Selection process. Deviations/relaxations are also permitted under special circumstances. Secured admission to foreigh university / institutions. The student who is a major representing himself or a minor student represented by parent or guardian.


For loans upto Rs.4 lac – No Margin required.

For loans above Rs.4 lac – 5% for study in India and 15% for study abroad.

Interest Rate :

For loans upto Rs.7.50 Lakhs – PLR minus 1.50%.

For loans above Rs.7.50 Lakhs – PLR minus 2.00%.No processing charges/service charges are levied for educational loans.

Re-Payment :

In 5 to 7 years commencing one year after completion of the course or 6 months after securing the job whichever is earlier.

Security :

For loans upto Rs.4.00 lac – NIL.

For loans above Rs.4.00 lac and upto Rs.7.50 lac – Collateral in the form of satisfactory third party guarantee acceptable to the Bank.

For loans above Rs.7.50 lac – Collateral security with 25% margin covering the loan amount and assignment of future income of the student for payment of loan instalments.

In all the above cases, the parent / guardian shall join the transaction as co-borrower

If you have questions, please ask below


  1. Anand V K says:

    Dear sir I have taken admission to Engineering and need
    educational load from Syndicate bank please give some information regarding this

  2. sudhakar says:

    sir,i am doing engineering and i need educational please send me the information regarding this

  3. R RESHMI says:

    Sir, I have joined Sri Krishna College of Engineering and Technology at Coimbatore(Top 10 Engineering College in Tamilnadu). My father is an Ex-Serviceman and presently working Ministry of Defence (Military Engineering Service) in Redfiled Post, Coimbatore-641018 and he has drawing his monthly salary in Syndicate Bank of Redfiled’s Coimbatore-641018 Branch. He has already submitted education loan for me at the above branch in first week of Septemper 2009. Please confirm that I am eligible for the education loan and shall be sanctioned or not.

  4. Nagaraj.S says:

    Nagaraj.S s/o Venkappa.S near galemma temple Behind dam road 27th ward studing in East point higher education in Bengalore.

  5. chander prakash says:

    i have passed 3year diploma in computer science.i have apply b tech ip university in delhi.i need education loan so please send me trems and condition

  6. mariappan says:

    sir, i am going to join in IMU. I need educational loan from your reputed bank. Pls help me in such a way for my studies. Also send the eligibilities and securities to get the loan.

  7. harinath says:

    sir i complete my B.e i want to do M.S in abroad how i can get loan for further studies



  9. SELVARAJ says:

    sir i am jion mba in ksrcas my area bank is syndicate bank i asked loan for manager .he said i won’t give loan to you because i am joined in management . whether your bank is give loan for me or not . reply

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