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Bank of Indiaeducation Loan

BOI Star Education Loan

Check My Eligibility
Interest Rate8.85% p.a.
Loan Limit₹50,000 - ₹40 Lakh
Max Tenure15 Years (180 mos)

Lending Guidelines

Minimum Age18 Years
Maximum Age35 Years
Minimum Credit Score650
Minimum Monthly Income15,000
Processing FeesNil
Target Profiles
salariedself employedbusiness ownerfreelancerretired

Key Features

  • Moratorium during course period
  • No collateral up to ₹7.5 Lakhs
  • Covers tuition and hostel expenses

Required Documents Checklist

  • Letter of Admission
  • Academic Records
  • Co-applicant PAN/Aadhaar
  • Co-applicant Income Proof