Check your South Indian Bank education loan eligibility. Rate: 9.15 - 12.00% p.a. Max amount: ₹75 L.
South Indian Bank offers education loan at an interest rate of 9.15 - 12.00% p.a. with a maximum tenure of 15 years. The maximum loan amount is ₹75 L with a minimum monthly income requirement of ₹15,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹5 Lakh | ₹8,083 | ₹1,78,972 | ₹16,166/mo |
| ₹7 Lakh | ₹11,316 | ₹2,50,544 | ₹22,632/mo |
| ₹10 Lakh | ₹16,165 | ₹3,57,860 | ₹32,330/mo |
| ₹15 Lakh | ₹24,248 | ₹5,36,832 | ₹48,496/mo |
| ₹20 Lakh | ₹32,331 | ₹7,15,804 | ₹64,662/mo |
| ₹25 Lakh | ₹40,413 | ₹8,94,692 | ₹80,826/mo |
| ₹30 Lakh | ₹48,496 | ₹10,73,664 | ₹96,992/mo |
| ₹40 Lakh | ₹64,661 | ₹14,31,524 | ₹1,29,322/mo |
South Indian Bank Education Loan interest rate ranges from 9.15 - 12.00% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
South Indian Bank offers a maximum education loan of ₹75 L with a tenure of up to 15 years.
The processing fee for South Indian Bank Education Loan is Nil.
South Indian Bank Education Loan prepayment policy: Nil.
The minimum monthly income required is ₹15,000. Use the calculator above to check your exact eligibility based on your income.