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Indian Overseas Bank Education Loans

Educational Loans scheme in this bank is Vidya Jyoti. There are numerous courses which are eligible for Indian Overseas Bank student loans. Eligible candidates must be an Indian National and should have secured admission to professional/technical courses in India or abroad.

Loan is sanctioned for Graduation/Post graduation/Diploma/Computer education in any recognized State/Central Government/University, professional courses including Engineering, Medical, Agriculture, Veterinary, Law, Dental, Management, courses like ICWA, CA, CFA, etc., courses conducted by IIM, IISC, XLRI, NIFT etc, courses offered in India by reputed foreign universities/Evening courses of approved institutes, regular degree/ diploma courses like Aeronautical , Pilot training , shipping etc approved by Director General of Civil Aviation/ shipping if the course is pursued in India. Incase the course is pursued abroad, the institute should be recognized by the competent local aviation/ shipping authority.

Candidates who are desirous to study abroad, loans will be made available only for Graduation and Post Graduation Courses offered by Reputed Universities and not for diplomas.