Tamil Nadu is the
biggest educational loan market with about 8.86 lakh accounts & disbursals
of Rs.13,343.6 crore, Reserve Bank of India (RBI) data showed. There was a
7.77% increase in the number of loan accounts and 13.96% increase in disbursals
in the Tamilnadu state compared to previous financial year.
Kerala followed Tamil
Nadu with about 3.36 lakh accounts and Rs.7,353,9 crore in disbursals.
Overall, the number
of education loan accounts increased from 24.64 lakh accounts in 2012 to 25.90
lakh in 2013.
The disbursals went
up from Rs. 48,220.3 crore in 2012 to Rs. 52,738.7 crore.
Southern states
appear to have performed better.
After Tamil Nadu and
Kerala, Andhra Pradesh comes third with 1.97 lakh accounts and a total loan of
Rs. 4,698.6 crore, followed by Karnataka with 1.86 lakh accounts and Rs.
3,874.5 crore as loans.
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