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  #1  
30th April 2017, 12:12 PM
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Interest rate, repayment period and minimum tenure for an education loan of 10 lakh from Punjab National Bank?


Hello sir, I want to apply for an education loan of 10 lakh at Punjab National Bank to study degree course in India. Please tell me what will be the interest rate, repayment period and minimum tenure for it?




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  #2  
1st May 2017, 10:57 PM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Interest rate, repayment period and minimum tenure for an education loan of 10 lakh from Punjab National Bank?

The interest rate for an education loan of Rs. 10 lakh from Punjab National Bank is CLR + 2.60% per annum. The repayment holiday/ motarium period is course period plus one year. The maximum repayment period is 15 years to repay an education loan of Rs. 10 lakh to Punjab National Bank. You should have secured an admission in any course in a recognised college/ university to be eligible to apply for an education loan in Punjab National Bank.
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