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#1
12th October 2018, 11:50 AM
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Interest rates against an Education Loan in Oriental Bank of Commerce to study MBA in Abroad?
Hello Sir, I am interested to study MBA course in Abroad. 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 MBA course in Abroad if I apply an education loan from Oriental Bank of Commerce?
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#2
19th October 2018, 10:31 PM
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Re: Interest rates against an Education Loan in Oriental Bank of Commerce to study MBA in Abroad?
Oriental bank of commerce offers education loan at following rates.
- For loans upto 4 lacs = Base rate + 2% - For loans between 4 lacs to 7.5 lacs = Base rate + 3% - For loans above 7.5 lacs = Base rate + 1.75% RBI decides the base rate, which keeps updating every quarter. Hence, it is not fixed. |
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#3
19th October 2018, 10:32 PM
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Re: Interest rates against an Education Loan in Oriental Bank of Commerce to study MBA in Abroad?
Oriental bank of commerce offers education loan at following rates.
- For loans up to 4 lacs = Base rate + 2% - For loans between 4 lacs to 7.5 lacs = Base rate + 3% - For loans above 7.5 lacs = Base rate + 1.75% RBI decides the base rate, which keeps updating every quarter. Hence, it is not fixed. |
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