Education and Career Forum

My father want to apply for an education loan for me so that I can get admission and study MBBS course. He is telling me to apply an education loan from Karur Vysya Bank. But I am not interested to apply an education loan in this Bank. So, before applying an education loan in this bank I want to know about the benefits of applying an education loan in this bank?

Originally Posted by Unregistered

My father want to apply for an education loan for me so that I can get admission and study MBBS course. He is telling me to apply an education loan from Karur Vysya Bank. But I am not interested to apply an education loan in this Bank. So, before applying an education loan in this bank I want to know about the benefits of applying an education loan in this bank?

Benefits of applying for an education loan in Karur Vysya Bank are given below:

>> Karur Vysya Bank offer education loans for studies in India and abroad with low interest rates

>> There is no margin required, for up to Rs 4 Lakhs. Above Rs 4 Lakhs – 5% for studies in India and 15% for studies abroad

>> Repayment period – 5 to 7 years after repayment holiday

>> There is no collateral security required for loans up to Rs 4 Lakhs. Parents to join as Co Applicants

>> There are no processing charges for education loan in Karur Vysya Bank

Students can find the details in the KVB website link given Click Here