South Indian Bank Education Loan

    Updated on: 12 Oct 2023 6 min read

    South Indian Bank Education Loan To Study Abroad

    Abroad education loan is a reagent that can help you to pursue your abroad education dreams. There are several lending options available and among those one of the lenders is South Indian Bank. It is a private sector bank that can provide you with both secured and unsecured abroad education loans. Let’s look into its loan offerings and related aspects in this blog.

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    Frequently asked questions

    What is the repayment schedule for the South Indian Bank education loan?

    The repayment period for the loan commences after 6 months after course completion. 

    What is the maximum amount that I can get from South Indian Bank?

    Based on your application profile and other variables the maximum secured education loan that you can get from South Indian Bank is 1.5 Cr INR and unsecured loan up to 20 Lakh INR. 

    What is the interest rate range for South Indian Bank abroad education loans?

    The interest rate for South Indian Bank abroad education loan ranges from 10.90% - 13.75%. It is floating in nature with 0.50% concession to female applicants. 

    Will I be able to get tax benefits if I get a loan from South Indian Bank?

    Yes, Under section Section 80e of the Income Tax Act you can get tax benefits on applying for a loan from South Indian Bank.

    Now, indian students studying masters in France can get 5 years post study work visa which was only 2 years previously.



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Written by Rohit Gidwani

Meet Rohit, an expert in the field of study abroad and Ed-tech with many years of professional experience in content creation and creative writing. Being a BBA graduate has helped him to pursue his professional duties strategically and with creativity.


Specializes in:
Loan without collateral

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Reviewed by Aman Jain

Aman Jain graduated from IIT Kanpur, and currently functions as the CMO at GyanDhan. He is deeply passionate about creating equality in higher education and has directly interacted with 2 Lakh students in his 8-year-long journey.


Specializes in:
Education loan , Study Abroad Admissions


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GyanDhan is India's first education financing marketplace.



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