#1  
1st January 2019, 05:47 PM
Unregistered
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Interest rates against an Education Loan in IDBI Bank to study BTech?


I am interested to study BTech. I want to apply for an education loan for this course. I have an account in IDBI Bank. So, I want to know that what interest rates charges are there for this BTech course if I apply an education loan from IDBI Bank?




  #2  
5th January 2019, 02:46 PM
ppsahu
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Join Date: Apr 2018
Posts: 12,628
Default Re: Interest rates against an Education Loan in IDBI Bank to study BTech?

Interest rates against an Education Loan in IDBI Bank to study BTech are as follows.

Non-Vocational Courses including*students who have secured admission under Management Quota:-

Loan amount up to Rs. 10 lacs: 1 Year MCLR + 0.85%

Loan amount above Rs. 10 lacs: 1 Year MCLR + 1.45%

Loans for students studying in Premier Education Institutes (including ISB):-

All Amounts: 6Month MCLR + 0.05%

For more details regarding Interest rates against an Education Loan in IDBI Bank, visit:
https://www.idbi.com/interest-rates.asp
  #3  
6th January 2019, 11:46 AM
ajayrocks007
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Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Interest rates against an Education Loan in IDBI Bank to study BTech?

IDBI Education Loan Interest Rates:

- Amount upto Rs. 10 lakhs: 10.45%

- Above Rs. 10 lakhs: 11.45%

- Vocational Courses: 10.45%

- Loans for students in Premier Institutes: 9.45%

- Loans for students under Management Quota: 12.35%
Do you have any question? or have anything to say?



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