#1
7th November 2016, 09:16 PM
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Can I get concession in Interest rate under Allahabad Bank Education Loan policy to study B.Tech in NIT?
I want to study B.Tech and I want to get admission in NIT. So, I want to apply an Education Loan in Allahabad Bank. Can I know that I can get concession in Interest rate in this Bank's Education Loan policy if I get admission in NIT?
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#2
9th November 2016, 08:23 PM
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Re: Can I get concession in Interest rate under Allahabad Bank Education Loan policy to study B.Tech in NIT?
Yes, you can get concession in Interest rate under Allahabad Bank Education loan policy for pursuing B.Tech course in NIT. The interest rate under education loan for candidates who have secured admission in NIT is MCLR plus 1.50% where it is MCLR plus 2% for other candidates. So, you can get 0.50% concession on interest rate of education loan in Allahabad Bank.
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