#1  
25th August 2018, 07:43 PM
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How much interest is charged during moratorium period of UCO Bank Education Loan for MBA course?


I am trying to apply for an education loan in UCO 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  
7th September 2018, 08:38 PM
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Join Date: Aug 2018
Posts: 33
Default Re: How much interest is charged during moratorium period of UCO Bank Education Loan for MBA course?

The UCO Bank education loan interest rate is as below:

Loan amount Interest rate Effective rate

Up to Rs.7.50 lakhs Base rate + 2.50% 11.20%

Above Rs.7.50 lakhs Base Rate + 2.25% 12.20%

1% discount in interest is offered during the moratorium period if interest is paid regularly.
Do you have any question? or have anything to say?



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