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5th June 2018, 04:32 PM
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Interest rates against an Education Loan in Oriental Bank of Commerce 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 Oriental Bank of Commerce. So, I want to know that what interest rates charges are there for this BTech course if I apply an education loan from Oriental Bank of Commerce?





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  #2  
7th June 2018, 09:52 AM
Saikiranreddy47475
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Join Date: Jul 2013
Posts: 14,288
Default Re: Interest rates against an Education Loan in Oriental Bank of Commerce to study BTech?

Interest rates against an education loan in Oriental Bank of Commerce for pursuing B.Tech course are mentioned below :-

--> Upto Rs. 4 lakhs :- MCLR + 2.00%
--> Above Rs. 4 lakhs and upto Rs. 7.5 lakhs :- MCLR + 1.75% (2.00% under Credit Guarantee Coverage)

Concession of 0.50% on rate of interest is provided to get candidates under OBC Education Loan Scheme.
Do you have any question? or have anything to say?



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