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Interest rates on education loans of up to Rs4 lakh will be reduced from 11.75 per cent to 11.5 per cent while for the Rs4-7.50 lakh loan bracket, the interest has been slashed from 13.25 per cent ...

State Bank of India (SBI), country’s largest lender is planning to reduce interest rates on education loans by up to 100 basis points that is 1% with effect from February 20, 2012.As per the ...

"SBI's Global Ed-Vantage initiative offers up to RS. 50 lakh as a collateral-free loan with repayment flexibility of up to 15 years, ensuring greater accessibility for Indian students," he remarked.

Some institutions will even give unsecured loans. The more reputable the institution, the easier the loan conditions. In certain cases, gender may influence the interest rate for education loans.