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  #1  
22nd September 2015, 06:37 PM
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Which Bank offers cheapest Interest rates against Education Loan for study MBA?


Hello Sir,
I have scored 65% marks in my B.Com. I want to study MBA now. Kindly tell me which Bank will give me education loan with cheapest interest rate? Please let me know immediately.




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  #2  
4th October 2015, 10:43 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Which Bank offers cheapest Interest rates against Education Loan for study MBA?

All the banks under Government of India charges the same interest rate for education loan which is decided by the Reserve Bank of India and it fluctuates from time to time as per orders from Reserve Bank of India. However, SBI charges one percent lesser interest rate as compared to other banks, hence can be considered cheapest but it has stricter terms and conditions as compared to other banks. The interest rate normally fluctuates between 13-14.5 percent for all banks.
Do you have any question? or have anything to say?



« Interest rates charge against SBI Education Loan for B.Tech course? | Nationalized Banks Education Loan schemes to study B.Tech in UK? »

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