#1  
29th May 2019, 02:34 AM
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Disbursement process of an Education Loan in Andhra Bank for BDes aspirant?


Respected Sir, I am going to apply an education loan in Andhra Bank for my BDes course. I have a Savings Account in this Bank. So, can you please let me know how they disburse the amount which is allotted in the education loan?




  #2  
31st May 2019, 05:59 AM
LegendKiller99
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Join Date: May 2019
Posts: 353
Default Re: Disbursement process of an Education Loan in Andhra Bank for BDes aspirant?

Condition Rate of Interest

1) Upto Rs. 7.5 Lakhs Base rate+2.75%

2) Above Rs. 7.5 Lakhs Base rate+1.50%

<> 0.50% concession for girls
  #3  
31st May 2019, 08:51 PM
Career Expert
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Join Date: Feb 2016
Posts: 4,375
Default Re: Disbursement process of an Education Loan in Andhra Bank for BDes aspirant?

The education loan amount offered by Andhra Bank will be disbursed directly to the institute as per the requirement from time to time. To be eligible to apply for an education loan in Andhra Bank, you should have secured admission to higher education course in a recognised college/ university. The maximum amount offered under Andhra Bank Education Loan Scheme for studies in India is Rs. 10 lakhs.
Do you have any question? or have anything to say?



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