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18th March 2018, 12:34 AM
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How much interest is charged during moratorium period of Dena Bank Education Loan?


I am trying to apply an education loan in Dena Bank for my Post Graduation. I want to know that for applying an education loan what interest charges during the moratorium period? Kindly tell me immediately.





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  #2  
20th September 2022, 11:52 PM
Hera tabrez
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Join Date: Oct 2020
Location: Kanpur
Posts: 6,959
Default Re: How much interest is charged during moratorium period of Dena Bank Education Loan?

In the moratorium period , students are not required to pay EMIs , but the interest still accrues and adds to the burden .

Therefore the earlier student starts their repayment , the lower will be the interets paid on loan.

The interst rate of Dena bank is
For listed university
8.25% for boys
7.75 % for girls

Unlisted university
Boys 8.9%
Girls 8.4%
Interests rate is linked to MCLR
Do you have any question? or have anything to say?



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