Education Loan

Megamind helps applicants with all the information on educational loans given by Banks in India, their procedures, interest rates and requirements. Our Loans section will assist you in securing a loan with a quick turn-around time and in maximizing this amount to meet your requirement.

Over the last few years the availability of Education Loans to fund Overseas Education has definitely increased and about 75% of all students going overseas for studies do avail such loans. Loans up to Rs. 4.5 Lakh (could increase to 8 Lakh soon) are normally sanctioned quite easily while most Indian banks do give loans up to Rs. 20 Lakhs with some collateral security.