#1
27th September 2018, 09:34 PM
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Details of prepayment fine under Education Loan scheme of ICICI Bank for BCA(H) aspirant?
Hi everyone, I was searching for an education loan scheme for studying BCA(H) course. After searching I thought that applying an education loan from ICICI Bank is fine for me as I have an account in this bank. But I am unable to understand the prepayment fine. Can I know about this particular term?
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#2
29th September 2018, 12:16 PM
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No prepayment charges will be imposed on you by ICICI Bank under education loan scheme. You can prepay the education loan without any charges or fine.
The repayment tenure is 5 to 7 years after completion of moratorium period or repayment holiday which is course period plus one year or 6 months after getting a job, whichever is earlier. |
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