#1
10th February 2019, 07:43 PM
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Interest rates against an Education Loan of Rs. 4 Lacs in Vijaya Bank?
I want to get an Education Loan of Rs. 6 Lacs for my BTech programme. I am interested to apply an education loan from Vijaya Bank. Can I know that what interest rates they charge for this loan amount?
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#2
14th February 2019, 01:40 PM
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Re: Interest rates against an Education Loan of Rs. 4 Lacs in Vijaya Bank?
Quote:
Interest rates against an education loan of Rs 4 Lakhs in Vijaya Bank are given below: Amount up to & inclusive of Rs 4 Lakhs – 1 year MCLR + 2.15% = 10.90% Students admitted to top rated institutions – 1 year MCLR = 8.75% Students admitted under management quota – 1 year MCLR + 3.50% = 12.25% --- Concession of 0.50% in rate of interest for girl students Vijaya Bank education loan website link is given Click Here |
#3
14th February 2019, 08:15 PM
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Re: Interest rates against an Education Loan of Rs. 4 Lacs in Vijaya Bank?
Interest rates against an Education Loan of Rs. 4 Lakhs in Vijaya Bank are as follows:-
Loan up to Rs. 4 Lakhs - Base rate + 1.80 = 12.05% Loan of Rs. 4 Lakhs and above - Base rate + 2.25 = 12.50% Management Quota - Base rate + 2.55 = 12.80% ISB - 11.75% (Fixed) Premier Institutes such as IIMs, IITs etc. - 11.75% (Fixed) |
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