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Allahabad Bank

Allahabad Bank Education Loan

Allahabad Bank, the oldest joint stock bank of the nation was established in the year 1865. It is a nationalized bank and offers various kinds of financial services including Education loan to its customers. The education loan scheme offered by the Allahabad Bank was launched to provide financial assistance to meritorious students on reasonable terms. Scroll down the page to know more about Allahabad Bank Education Loan.

Eligibility Criteria for Allahabad Bank Education Loan
a) Eligibility Criteria for Students
  • Students seeking education loans should be an Indian National.
  • An applicant will be considered eligible for the loan if he gets admission to professional or technical course in India or abroad through an entrance exam or a merit-based selection procedure.
b)Courses Eligible for Getting Loan

Education in India
  • Bachelor Degree courses like B.COM, B.A, B.Sc and others
  • Master Degree courses and Ph.D programs
  • Professional courses like Management, Engineering, Law, Computer, Agriculture, Dental, Medical, Veterinary and others.
  • Certificate courses in Computer offered by reputed institutes which are accredited to the Department of electronics or institutions certified by a university.
  • Other courses like CA, ICWA and CFA.
  • Programs which are conducted by the reputed institutions like IIT, XLRI, IIM, NIFT, IISc.
  • Regular diploma and degree courses like pilot training, Aeronautical, shipping and others. The courses offered should be approved by the Director General of Civil Shipping or Aviation.
  • Courses that are conducted by the renowned foreign universities.
  • Evening courses which are conducted by the approved institutes.
  • Various diploma and degree courses conducted by various colleges and universities approved by Govt., ICMR, UGC, AIBMS, AICTE and others.