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  #1  
1st November 2016, 02:56 PM
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Details and interest rates under Avanse Education Loan scheme for Indian students?


Can I get the details of Avanse Education Loan scheme for Indian students? What is the interest rates charges for studying in India? Please reply to me immediately.




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  #2  
4th November 2016, 10:00 AM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Details and interest rates under Avanse Education Loan scheme for Indian students?

The interest rate under Avanse Education Loan scheme for Indian students is calculated as below.

Interest Rate = Avanse Base Rate + Spread

Base Lending Rate is 11.5%

-The Spread varies from case to case.
- Rate of interest on student loan fluctuates from time to time.
- Interest is calculated as simple interest.

The detailed notification of the education loan scheme is attached for your reference.
Attached Files
File Type: docx Avanse Education Loan.docx(16.0 KB, 9 views)
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