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31st August 2017, 11:50 PM
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How to approach Dena Bank for an education loan of 5 lakh? Interest rate, tenure & pre-payment charges?


I have just taken admission in degree course at a private engineering college and now wanted to get education loan to study from here. How to approach Dena Bank for an education loan of 5 lakh? Interest rate, tenure & pre-payment charges?





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  #2  
21st October 2017, 02:11 PM
Saikiranreddy47475
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Default Re: How to approach Dena Bank for an education loan of 5 lakh? Interest rate, tenure & pre-payment charges?

To apply for an education loan in Dena Bank, you should have secured admission in any course in a recognised college/ university. The interest rate for an education loan in Dena Bank is 9.80% per annum, the repayment tenure is 15 years and there is no processing fee. Your parents should be joint-borrowers as third-party guarantee to get an education loan of more than Rs. 4 lakhs from Dena Bank.
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