United Bank of India

Our Educational Loan Scheme has been designed to meet your expenses for higher studies in India and abroad. 

Loan Amount:

Studies in India: Rs. 7.5 Lacs

Studies Abroad: Rs. 15.00 Lacs


Courses Eligible for Study in India:

Graduation Courses : B.A., B.Com, B.Sc., etc., 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 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.


Rate of Interest:

Upto 4.00 lac : BPLR : 1.25% i.e.12.50% p.a.

Above Rs. 4.00 lac : BPLR - 0.50% i.e. 13.25% p.a. 


Repayment of Loan:

The loan is to be repaid in 5 to 7 years after commencement of repayment. The repayment will commence after a moratorium/ repayment holiday which is Course period plus 1 year or 6 months after getting job whichever is earlier. 



Upto Rs. 4.00 Lacs : Nil

Above Rs. 4.00 Lacs and upto Rs. 7.50 lakh: Collateral in the form of a suitable third party guarantee.

Above Rs. 7.50 lacs: Collateral of suitable value or suitable third party guarantee.



Delhi Tel: 011-23360661

Bangalore Tel: 080 852 0014

Chennai Tel: 044-28523012

Hyderabad Tel: 040-24756994

Kolkata Tel: 033-22133172

Mumbai Tel: 022-22871261/62