ICICI Student Loan Scheme
- ICICI Student Loan Scheme - 10%
- Loans upto Rs. 3 Crore for International Studies
- Loans upto Rs. 1 Crore for Domestic Studies
- Collateral free loan upto Rs. 1 Crore for premium institutes
- Special product offering for Government employees, CXOs and Professional with 2 years of work experience
Education Loan Interest Rates
Interest Rates | Information |
[REPO* + 3.75%(Spread)] onwards | For courses in India: Up to Rs 1 Crore |
Unsecured Loan Amount – Up to Rs 1 Crore | |
Education Loan Eligibility
Particulars | Eligibility |
Nationality | Indian |
Age | Minimum – 16 years and Maximum – 35 years |
Academic record | Proven – good |
Qualification | Completed 10+2 (12th Standard)/Diploma |
For Pursuing | Graduation /Postgraduate Degree or a PG diploma in professional Education. |
University Applied to | Listed,Recognized and Accredited Institutes in India and Overseas |
Loan can be sanctioned on the basis of | · Pre- admission sanction · Entrance exam score like GRE,GMAT etc. · 12th/HSC Results · Confirmed Admission |
Loan Amount | · Domestic – Upto Rs 1 crore · International – Upto Rs 3 crore |
Co-borrower | Father, Mother, Brother, Sister, Spouse (Husband/Wife), Grand Parents, Parents in law, Maternal/Paternal Uncle. |
Security | Property i.e. House or Flat, FD –Fixed Deposit, Existing ICICI Bank Home Loan for cross collateral. |