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#1
13th October 2018, 10:09 PM
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How much interest charges during moratorium period of Karnataka Bank Education Loan for MBA course?
I am trying to apply for an education loan in Karnataka 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!
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#2
22nd November 2022, 12:24 PM
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Re: How much interest charges during moratorium period of Karnataka Bank Education Loan for MBA course?
The accrued interest during the moratorium period /repayment holiday period to be added to the principal and repayment to be fixed in Equated monthly payments .
Upto Rs 4 lacs , no margin required Above Rs 4 lacs , 5% for studies in India 15 % for abroad studies. |
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