UBI Services Limited (UBISL) is a wholly owned subsidiary of Union Bank of India, a premier Public Sector Bank, having its registered office at Mumbai.
504-506, 5th Floor, Centrum, S. G. Barve Road, Wagle Estate, MIDC, Thane (W), Pincode - 400604.
+91 22 69303001
contact@ubisl.co.in
Vigilance : vigilance@ubisl.co.in
UBI Services Ltd (UBISL) offers Education Loans at the best low interest rates. Being directly associated with Union Bank of India, the country's major public sector bank you can be rest assured of its 107 years of people's trust. UBISL Education loan advisors will guide you and help you with the documentation process just sitting at the comfort of your home. UBISL advisors will assist you through the process for you to avail Education loan from Union Bank of India.
The average interest rate for an education loan varies depending on the lender and the borrower's creditworthiness. Generally, the interest rate ranges from 8% to 15%. (Rate of Interest Chart to be updated)
Yes, you can negotiate the education loan interest rate with the lender. If you have a good credit score, stable income, and a good repayment history, you can negotiate a lower interest rate with the lender.
Yes, there are tax benefits associated with education loans. The interest paid on education loans is eligible for tax deduction under Section 80E of the Income Tax Act, 1961.
To get a lower education loan interest rate, you can improve your credit score, provide proof of stable income and employment, and negotiate with the lender. You can also shop around and compare offers from different lenders to find the best interest rate.
Yes, female students are eligible for a special concession of 0.50% on the interest rate.