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#1
24th April 2018, 05:39 PM
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Benefits of applying for Education Loan in Central Bank of India?
Hello, I want to apply an education loan for studying BTech course. I would like to know that if I apply an education loan from Central Bank of India then what benefits are available for me? Please let me know about this asap.
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#2
12th October 2022, 11:41 AM
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Re: Benefits of applying for Education Loan in Central Bank of India?
The bank offers loan amount upto INR 20 lacs for courses persued abroad and INR 10 lacs for Indian colleges.
The loans covers all the expenses related to study. Higher amount can be obtained based on eligibility and credit worthiness. The interest subsidy is also available to eligible students only once either for the undergraduate course or PG course or diploma. For loans upto 7.50 lacs , the interest rate charged is 9.90% For loans above 7.50 lacs , interest rate charge is 9.30% |
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