Andhra Pradesh Grameena Vikas Bank (APGVB) offers a variety of loan products designed to meet the diverse needs of its rural and semi-urban clientele. Among these is the education loan, which is tailored to support students pursuing higher education in India and abroad. The education loan provided by APGVB covers tuition fees, examination fees, hostel charges, cost of books, and other related expenses. This financial support enables students from rural areas to pursue undergraduate, postgraduate, and professional courses in fields such as engineering, medicine, management, and others.
The bank offers competitive interest rates on its education loans, making higher education accessible to deserving students who might otherwise face financial constraints. Additionally, APGVB provides flexible repayment options, allowing borrowers to repay the loan in easy installments post completion of the course or after securing employment.