Education and Career Forum

I am trying to apply for an education loan in City Union Bank for my BCA(H) 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!

Interest charged on the city union bank education loan scheme is given as follows.

The interest rate charged will be depend on gender as well quantum of loan.

Upto Rs.4 lakh

For male candidates , 13.75%

For female candidates , 13.25%

Above Rs 4 lakh

For Male candidates 14.50

Female candidates 14%

You can pay the interest amount during moratoruymnperiod . If not then you need to pay with 5 to 7 years through Emi.