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  #1  
23rd April 2017, 09:10 PM
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How much amount I can get as education loan to study B.Tech? What will be the interest rate fixed or variable?


Dear sir, I want to study B.Tech from University of Hyderabad so, I need education loan. How much amount I can get as education loan? What will be the interest rate fixed or variable?




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  #2  
24th April 2017, 09:42 PM
MerajAmir
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Join Date: Jan 2017
Location: kolkata
Posts: 812
Default Re: How much amount I can get as education loan to study B.Tech? What will be the interest rate fixed or variable?

You will get a maximum of Rs.10 lac to study in India. There are few criteria you need to fulfill in order to get the education loan. The borrower should be the citizen of India. The borrower should have taken the secured admission in the recognized university/institute/college. The borrower should not have taken any other loan from any other bank. The candidate can avail the loan without paying any processing fee. Up to Rs.4 lac the interest rate is 3.50% above Rs.4 lac and up to Rs.7.50 lac the interest rate is 3.75% and above Rs. 7.5 lac the rate of interest is 1.75%.
Do you have any question? or have anything to say?



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