Investing in education offers the best interest and is most beneficial in long run. A good education from a recognized educational institution can build a great career for a student or aspirant. However, as the awareness for the need of good education is growing, its cost is also increasing simultaneously. Many banking institutions are coming up with a scheme for education loans to make education easier and more stress-free for the student and the parents. In an attempt to ensure that students get utmost financial benefits during their education whether in India or abroad, Indian Overseas Bank provides an extensive education loan scheme with attractive interest rates and discounts along with flexible repayment options and higher loan amount.
Indian Overseas Bank is one of the leading public sector bank, headquartered in Chennai. It has 3700 branches all over India. It has few branches outside India as well. Mr. R Koteeswaran is the MD and CEO of Indian Overseas Bank.
Indian Overseas Bank provides educational loans so that students can pursue their studies within India and overseas as well. Indian Overseas Bank education loan covers a range of programmes and disciplines offered by different educational institutions of India. Indian Overseas Bank offers 2 education loan schemes. They are “Vidya Jyothi” and “Vidya Jyothi Suraksha”. A lot of academic courses in India and overseas are covered under these schemes.