Karur Vysya Bank, established in 1916 by Athi Krishna Chettiar & M. A. Venkatarama Chettiar, is a prominent public-sector bank headquartered in Karur, Tamil Nadu. Among its array of financial products and services, the bank offers education loans designed to support individuals pursuing higher education, whether in India or abroad. These loans cover a wide range of expenses typically associated with academic pursuits, including college fees, hostel fees, books, equipment fees, and even travel expenses for those studying overseas. Moreover, additional costs such as building fund deposits, caution deposits, and refundable deposits can also be considered within the loan package.
Karur Vysya Bank Education Loan requires the applicant to be an Indian national who has secured admission for higher, professional, or technical education, either domestically or internationally. Additionally, suitable collateral is necessary to secure the loan.