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  #1  
23rd November 2018, 07:30 PM
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Benefits of an Education Loan offered in Indian Overseas Bank for BHMS aspirant?


I want to apply for an Education Loan from Indian Overseas Bank as I have an account in this bank for studying BHMS. But my friends are telling me to not apply from this bank. Can I know what benefits I will get to apply an education loan from Indian Overseas Bank?



  #2  
15th June 2022, 01:08 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: Benefits of an Education Loan offered in Indian Overseas Bank for BHMS aspirant?

Some of the benefits are
Lower interest rate
Moratorium holiday- pay after your course completion
Wide range of expenses covered
Education loan interest subsidy
Tax benefit section 80E
Tax collection at source on foreign remmitance.
No need to liquidate valuable assets
Liberating your parents from loan burden
Do you have any question? or have anything to say?



« Interest rates under Indian Overseas Bank Education Loan to study MBBS in AIIMS? | Interest rates against an Education Loan of Rs. 12 Lacs in Union Bank to study MBA? »

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