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Which bank has lowest interest rate on education loan


Central Bank of India provides education loans to students to study in India and abroad with interest rates starting from 6.85%.

Which bank is best for education loan?

Axis Bank

Which bank has highest interest rate on education loan?

If your loans are subsidized, you are not responsible for paying the interest that accrues while you're in school. If your loans are unsubsidized, you're responsible for all the interest that accrues, even while you're in school. Learn about the differences between subsidized and unsubsidized loans.

Which student loans are interest free?

Don't worry. The education loan interest rate calculation of most of the government banks is done on a simple interest basis.