|
#1
20th July 2021, 03:22 AM
|
|||
|
|||
In Education loan the interest is calculated at the beginning of the loan or after the course is completed?
If I take the education loan, the interest is calculated at the beginning of the loan or after the course is completed then only interest starts to be calculated?
|
|
#2
27th July 2021, 10:38 PM
|
|||
|
|||
Re: In Education loan the interest is calculated at the beginning of the loan or after the course is completed?
The rules for the interest differ from bank to bank. The candidate can visit the website of the bank from which he or she is seeking a loan to get detailed information. The interest of something 8 to 13 percent is taken by a bank in exchange for a loan.
|
|
#3
31st July 2021, 12:48 PM
|
|||
|
|||
|
Re: In Education loan the interest is calculated at the beginning of the loan or after the course is completed?
It depends on bank. Some bank calculate interest from the beginning some after minimum time required to complete course.
Most of the recognized bank calculate interest after completion of course. On the basis of your admission letter you will be getting education loan. You have to repay this loan amount after completing your respective course. You will be getting education loan with minimum rate of interest. |
|
|
Related Topics: |
||
| Thread | Replies | Last Post |
| Can SBI and BOI grant education loan to study MBA Human Resource Management at ICFAI Foundation for Higher Education, Hyderabad? Interest rate and collateral required for it? | 1 | 4th March 2023 02:48 PM |
| Can I get an education loan to study MSc(Software System) in Karpagam Academy of Higher Education Coimbatore? | 2 | 31st July 2022 12:56 PM |
| How can I get an education loan to study MBA(Human Resource Management) in Manipal Academy of Higher Education? | 1 | 15th April 2021 01:20 AM |
| Am I eligible to get Education Loan to study ICAI course on Higher Secondary Certificate? | 2 | 30th May 2015 06:47 PM |
|
|
Education and Career Forum
