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#1
28th September 2019, 04:45 PM
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How much interest charges during moratorium period of Karnataka Bank Limited education loan for BDes course?
I am trying to apply for an education loan in Karnataka Bank Limited for my BDes course. I want to know that in order to apply for an education loan what interest charges during the moratorium period? Kindly tell me immediately. Waiting for your response!
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#2
27th June 2022, 04:41 PM
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Re: How much interest charges during moratorium period of Karnataka Bank Limited education loan for BDes course?
The interest rate ranges from 9.98% to 12.38%.
No collateral security up to INR 4 lacs In the moratorium period, students are not required to pay EMIs but the interest still accrues and adds to the burden. Therefore the earlier the students start their repayment , the lower will be the total interest paid on the loan. |
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