Education and Career Forum

Hello friends, I am planning to do MBA course. Some of my friends informed me about the South Indian Bank Excellence Education Loan Scheme. I just want to know about the benefits which I can get if I apply for this scheme? Please tell me as soon as possible.

Benefits of applying for South Indian Bank Excellence Education Loan Scheme are :-

--> No Processing Charges
--> No Prepayment Charges
--> No Margin upto Rs. 4 lakhs
--> Lower interest of MCLR plus 0.50% per annum.

Originally Posted by Unregistered

Hello friends, I am planning to do MBA course. Some of my friends informed me about the South Indian Bank Excellence Education Loan Scheme. I just want to know about the benefits which I can get if I apply for this scheme? Please tell me as soon as possible.

Benefits of applying for South Indian Bank Excellence education loan scheme are given below:

>> Students can get up to Rs 25 Lakhs as an education loan

>> Students pursuing eligible courses offered in India by institutions like IITs, IIMs and NITs, etc.

>> Expenses covered: tuition fees, examination fees, library fees, laboratory fees, hostel fees, purchase of books, equipment, uniform, insurance premium, etc.

>> No processing fees / prepayment charges

>> NIL Collateral only guarantee of parents / close relatives

South Indian Bank Excellence education loan scheme website link is given Click Here