Education and Career Forum

I would like to know about the interest rates charges for taking an education loan in Allahabad Bank. Actually I want to do MBA with the help of an education loan. So, I would like to know about the interest rates charges of this bank.

Originally Posted by Unregistered

I would like to know about the interest rates charges for taking an education loan in Allahabad Bank. Actually I want to do MBA with the help of an education loan. So, I would like to know about the interest rates charges of this bank.

Interest rates against an education loan in Allahabad Bank are given below:

IITs & IIMs - 8.65%
NITs & others - 10.15%
Other institutions - 10.30%
0.50% rebate for girl students

Candidates have to contact the Allahabad Bank branch for exact rate of interest.

Interest rates against an Education Loan in Allahabad Bank are as follows

1)For IIMs, IITs & others – Interest Rates are 9.60%
2)For NITs & others – 11.10%
3)For other Institutes – 11.60%