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  #1  
10th August 2015, 09:47 PM
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How much amount I have to pay against SBI Education Loan of Rs. 8.75 Lacs?


Hello,
Can anyone tell me what is the monthly amount I have to pay against Education Loan of Rs. 8.75 Lacs taken by SBI? Waiting for your reply.




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  #2  
12th August 2015, 02:59 PM
SudeepKumarSaha
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Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: How much amount I have to pay against SBI Education Loan of Rs. 8.75 Lacs?

The monthly repayment amount cannot be stated here exactly. This is because it depends on various factors like :-

- The interest due for the education loan.
- The time period for which the loan was taken.
- The current rate of interest which will be applicable for repayment.
- The number of months for repayment.

SO, you need to visit the bank from which you had taken education loan and talk concerning this to the branch manager to the know your exact monthly repayment.
Do you have any question? or have anything to say?



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