Are there any banks offering concessions for women applicants of MBA Education Loan?
Answer (1)
14th Feb, 2020
Here’s a list of banks offering concessions on MBA Loans for female students across the country.
- HSBC’s India Student Education Loan Program- Their education loans are “priced at a further discount of 50 BPS for female students in order to promote their education.” The bank offers this as an additional discount on its interest rates to female students.
- Central Bank of India’s Cent Vidyarthi Program- For female students, they have lowered the base rate of interest for female students at 1.5 percent, as compared to two percent for male students.
- Corporation Bank’s Corp Vidya Program- The bank offers concession in rate of interest at 50 BPS for girl students.
- Overseas Bank’s Vidya Jyoti Program- They allows interest concession at 0.5 percent on all education loans to girl students for pursuing education in India and Abroad.
- State Bank of India’s SBI Student Loan Scheme Program- Like other banks, SBI also has a lower rate of interest for girl students at 0.5 percent.
- Allahabad Bank’s education loan- Rebate of one percent will be allowed under all the slabs for girl students.
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