#1  
10th February 2019, 07:43 PM
Unregistered
Guest
 
Posts: n/a

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?




  #2  
14th February 2019, 01:40 PM
Parvathi90
Senior Member+++++
 
Join Date: Dec 2018
Posts: 4,519
Default Re: Interest rates against an Education Loan of Rs. 4 Lacs in Vijaya Bank?

Quote:
Originally Posted by Unregistered View Post
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?

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
shahi jee
Senior Member+++++
 
Join Date: Jul 2017
Location: Bihar
Posts: 5,804
Default 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)
Do you have any question? or have anything to say?



Related Topics:

Thread Replies Last Post
Interest rates under Vijaya Bank Education Loan scheme for an ITI course? 1 5th January 2019 11:58 AM
Interest rates calculation of Education Loan in Vijaya Bank? 1 2nd June 2018 12:13 PM
Which Bank offer cheapest Interest rates against Education Loan of Rs. 15 Lacs? Which is among Floating and Fixed interest rates better if want to repay before 1 year completing of education? 1 17th December 2017 12:54 PM
Which Bank offered cheapest Interest rates against Education Loan of Rs. 15 Lacs? Which is among Floating and Fixed interest rates better if want to repay before 1 year completing of education? 1 3rd October 2015 01:09 PM



Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.0
vBulletin Optimisation by vB Optimise.
Please also check: