COMPARISON OF  INTEREST RATES ON EDUCATION LOANS BY BANKS IN INDIA  - 2016

(Check Lowest Rate of Interest charged  by Banks in India / Minimum Rate of Interest charged  by Indian Banks. Best Education Loan Interest)

Which Banks Are Charging the Lowest Interest on Education Loan in 2016 ?  Best Rate of Interest on Education Loan  in India ? Comparative Education Loan Interest Rates.  Latest Education Loan Interest by Banks in India

Different banks charge different interest rates for Education loans.   The rate of interest also vary based on (a) the quantum of the loan; (b) period for which loan is intended to be availed (c) Educational Institute. 

Therefore, it is not possible to give a chart which can provide the details of the lowest rate of interest charged by banks for all categories.  

It is not possible to give the name of  one bank which charges the lowest rate of interest for all tenures and all levels of loan amount.     Moreover, these rates are frequently changed by banks and that too without informing media.  Sometimes the details are not even updated on the website or they are so confusing that it becomes impossible to decipher the details.    Therefore, we are giving below a broad idea as to the banks which are charging lowest rate of interest in a particular category.  Readers are advised to check the same by clicking on the link of relevant bank from where they intend to avail the loan and they check the websites of the following banks too to ensure that they get the best deals.     [The following rates have been updated in the Last Week of August,  2016)

Note:- The above rates are floating rates, and are linked to base rate. Thus, these rates are liable to be changed by bank even during the tenor of the loan.