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31st August 2017, 11:50 PM
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Entire process to get education loan from IDBI bank? How much interest rate they will charge for rupees 4 lakh?


I want to apply for an education loan at IDBI bank so, tell me entire process for the educational loan? How much interest rate they will charge for rupees 4 lakh?




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  #2  
4th September 2017, 05:50 PM
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Default Re: Entire process to get education loan from IDBI bank? How much interest rate they will charge for rupees 4 lakh?

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Originally Posted by Unregistered View Post
I want to apply for an education loan at IDBI bank so, tell me entire process for the educational loan? How much interest rate they will charge for rupees 4 lakh?

Students can apply online or through an IDBI Bank branch for an education loan. Students who are studying graduation, post graduation and post graduate diploma courses in the colleges / universities recognized by UGC, Government, AICTE, AIBMS, IMCR etc. are eligible to apply for education loans in IDBI Bank. Students who have passed 10+2 and secured admission through the merit based selection process are eligible to apply for education loans in IDBI Bank. Students can get up to Rs 10 Lakhs for studies in India. No security is required for loans up to Rs 4 Lakhs in IDBI Bank. Parents will be required to execute the loan documents jointly. IDBI Bank education loan website link is given Click Here

The rate of interest for an education loan of up to Rs 10 Lakhs is 9.50% in IDBI Bank. Students can check with bank branch for exact interest rate.
Do you have any question? or have anything to say?



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