ING Vysya Bank
ING Vysya provides educational loans to meritorious students for assisting them in their pursuit of higher studies whether in India or abroad.
Amount of Loan:
For Studies within India: Rs.7.5 lacs
For studies Abroad: Rs.15 lacs
Rate of Interest:
The rates of interest of educational loans provided by ING Vysya Bank can vary from time to time.
For studies within India: 16.5% rate of interest.
Tenures:
The tenure for repayment depends on the course length.
Repayment:
Repayment of loan commences after the completion of the course.
The educational loans provided by the ING Vysya Bank (erstwhile Vysya Bank Limited) offers an amount of money which is equivalent to most other national banks. The security conditions are also not very stringent.