Education and Career Forum
Ask a Question Discussions Question PapersGovernment Jobs Ask a Question Papers Login Register
  #1  
17th August 2017, 12:14 AM
Unregistered
Guest
  
Posts: n/a

How much concession does SBI give if candidate repay whole amount of loan after six month of completion of course?


I want to apply for an education loan of 7 lakh at SBI to study MBA course and want to know how much concession I can get if, I repay whole amount of loan after six month of completion of course?




Related Questions:
  1. Is there any provision for reimbursement of interest for SC candidate? Possibility to get other concession in repayment amount?
  2. Can I repay the amount of loan at any SBI branch of Delhi if was taken from SBI, Manimajra (Chandigarh)? -- [Most Discussed]
  3. Chances to repay the education loan amount before completion of course? How much amount I can get as remittance?
  4. What should I do to repay the amount of an education loan of SBI before repayment period? Is it a good decision?
  5. How much time does a candidate get to repay Loan amount by Financial Institution after completing course?
  6. How can I repay Loan amount if get job in USA after completion of MS?
  7. Whether the State Bank of Hyderabad will get merged with SBI? How can I repay my education loan amount?
  8. What to do if course is not completed due to backlog before repayment period of education loan?
  9. How can I repay Education Loan if get job in UK after completing MS?
  10. How to repay education loan of Canara Bank before completion of course?
  11. How can I repay Loan amount after getting job in France through MS course? -- [New]
  12. Whether Bank insist a guarantor against failing to repay the education loan amount?
  13. Repayment mode under Education Loan scheme of Federal Bank?
  14. How to get concession under Education Loan scheme of IDBI Bank?
  15. What to do if cannot repay education loan due to Articleship?
  16. Whether bank will sell my house in auction if unable to repay back the loan amount on time?
  17. What will Bank do if a candidate studying MCA with Education Loan doesn't get placement?
  18. How much loan amount is allotted as per the tuition fees? Providing securities for that amount is neessary? -- [Most Discussed]
  #2  
30th December 2017, 08:15 PM
shahi jee
Senior Member+++++
  
Join Date: Jul 2017
Location: Bihar
Posts: 5,804
Default Re: How much concession does SBI give if candidate repay whole amount of loan after six month of completion of course?

Sorry, but you can not get any type of concession in interest rate from SBI. If you will repay whole amount in one time just after 6 months of completion of course, this will not effect the terms and conditions of SBI.

SBI only provide 0.5% concession in interest rate to girl students in education loan.
Do you have any question? or have anything to say?



« How to apply and track the education loan application of Kotak Mahindra bank? Should I apply in government banks? | Does the SBI give all amount of education loan in one time? Will they deposit loan amount directly in college account? »

Related Topics:

Thread Replies Last Post
Can I apply for an Education Loan in IndusInd Bank for my son's education? Expenses covered under this Education Loan policy? 2 24th May 2019 09:37 PM
Maximum Loan amount to be taken in State Bank of India Education Loan? Interest rates against this Education Loan? 1 9th November 2016 08:20 PM
What kind of features are available in an Education Loan scheme to study Post Graduation in Abroad? Is it possible to pay education loan amount after completion of education? 1 12th March 2016 06:57 PM
How can I get Bank Education Loan of Rs. 16 Lacs to study MS in UK? Can I repay Loan after getting job? Do I have to Mortgage the property to apply for Bank Education Loan? 1 9th April 2015 01:34 PM


Ask a Question - Contact Us - Entrance Exams - Privacy Policy - Archive - Top

Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
Please also check: