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  #1  
8th October 2017, 09:42 PM
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How to apply for an education loan of 6 lakh at Kotak Mahindra Bank? Security, rate of interest and maximum tenure for it?


Sir, I am willing to apply for an education loan of 6 lakh at Kotak Mahindra Bank for a degree course of four years. Please tell me how to apply for it? Security, rate of interest and maximum tenure for it?




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  #2  
14th October 2017, 10:30 PM
Saikiranreddy47475
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Default Re: How to apply for an education loan of 6 lakh at Kotak Mahindra Bank? Security, rate of interest and maximum tenure for it?

To get an education loan of Rs. 6 lakh from Kotak Mahindra Bank, you should have secured admission in any course from a recognised college/ university. You can apply for an education loan at Kotak Mahindra Bank official website or directly at respective bank branch. The third-party guarantee, the parents as joint borrowers should be responsible for repaying the education loan. The rate of interest for an education loan will be 11.5% to 24% and the maximum tenure for repaying the education loan is 15 years.
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