#1
10th October 2016, 06:51 PM
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How the interest rates calculated under Education Loan scheme of Union Bank of India?
My dream is to study B.Tech after my 12th and I am preparing for entrance exams. But I want to get an Education Loan for my B.Tech course. I want to know the interest rates of Union Bank of India. Can I know how the interest rates calculated in Education Loan of this Bank?
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#2
12th October 2016, 09:48 PM
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Re: How the interest rates calculated under Education Loan scheme of Union Bank of India?
The interest rates under Education loan scheme of Union Bank of India are mentioned below :-
For Male Candidates :- => Upto Rs. 4 lakhs :- (MCLR + 3.15) % = 12.55% => Above Rs. 4 lakhs & below Rs. 7.5 lakhs :- (MCLR + 2.90) % = 12.30% => Above Rs. 7.5 lakhs :- (MCLR + 2.90) % = 12.30% For Female Candidates :- => Upto Rs. 4 lakhs :- (MCLR + 2.65) % = 12.05% => Above Rs. 4 lakhs & below Rs. 7.5 lakhs :- (MCLR + 2.40) % = 11.80% => Above Rs. 7.5 lakhs :- (MCLR + 1.65) % = 11.05% |
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