#1  
9th October 2018, 10:54 PM
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Education loan Interest rates charges in ICICI Bank for a candidate who want to do BTech from IIT?


Hello all, I am preparing for JEE Main and Advanced. I want to study BTech in IIT campus. And I am preparing well for my entrance exam. I just want to get education loan from ICICI Bank for doing BTech. I have an account in ICICI Bank. So, I would like to know the interest rates charges against education loan for me?




  #2  
12th October 2018, 10:16 PM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Education loan Interest rates charges in ICICI Bank for a candidate who want to do BTech from IIT?

The interest rates vary from 12% to 15%, according to RBI base rate, which is revised from time to time. Hence, be ready to pay such interest, if you are looking for an education loan.

You can apply for subsidy, if you belong to economically backward family. There will be requirement of an income proof to get such subsidy.
  #3  
14th October 2018, 03:41 PM
ppsahu
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Join Date: Apr 2018
Posts: 12,628
Default Re: Education loan Interest rates charges in ICICI Bank for a candidate who want to do BTech from IIT?

Education loan Interest rates charges in ICICI Bank will be base rate plus applicable margin as decided by bank and the girl students get 0.50% concession on the interest rate
Do you have any question? or have anything to say?



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