|
#1
20th September 2018, 02:44 PM
|
|||
|
|||
How much interest is charged during moratorium period of Laxmi Vilas Bank Education Loan for MBA course?
I am trying to apply for an education loan in Laxmi Vilas Bank for my MBA course. I want to know that for applying an education loan what interest charges during the moratorium period? Kindly tell me immediately. Waiting for your response!
|
|
#2
13th August 2022, 12:22 PM
|
|||
|
|||
Re: How much interest is charged during moratorium period of Laxmi Vilas Bank Education Loan for MBA course?
The interest charged by bank for education loan is 9.65% p.a
The repayment starts after 1 year of course completion or 6 months after getting a job. Loan interest repayment will start immediately after disbursement of 1st installment of the loan. Only simple interest is charged during the moratorium period and after that , actual interets is charged. The interest rate ranges from 8.85% to 10.75% |
|
|
|
|
Education and Career Forum
