RDB Education Plus

“RDB Education Plus” is an education loan scheme offered by RDB to support the young segment in financing higher education, technical education, and postgraduate studies, helping them pursue professional development and build a brighter future.

Features

• Maximum Loan Amount : Rs. 5.0 Mn
• Interest Rate : Fixed  –  18%  p.a
  Floating  – AWPLR + 6%   (Rates are reviewed quarterly- January,   April, July, October)
• Repayment period  : Maximum 10 years.
• Security –   Up to Rs. 1.0 Mn : Personal Guarantors
  Above Rs. 1.0 Mn : immovable Property

 Eligibility

• Students intend to follow higher education / technical and further education
• Students intend  to follow postgraduate studies
• The duration of the course must exceed one year
• Applicants between 18 and 35 years of age